NextSource Financial Statements From 2010 to 2026
| NEXT Stock | CAD 0.51 0.05 8.93% |
Gross Profit | Market Capitalization | Enterprise Value Revenue 89.5956 | Revenue | Earnings Share (0.20) |
NextSource Materials Total Revenue |
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Check NextSource Materials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NextSource Materials' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 4.4 M or Selling General Administrative of 10.7 M, as well as many indicators such as Price To Sales Ratio of 34.13, Dividend Yield of 0.0 or PTB Ratio of 0.66. NextSource financial statements analysis is a perfect complement when working with NextSource Materials Valuation or Volatility modules.
NextSource | Select Account or Indicator |
NextSource Materials Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NextSource Materials Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NextSource Materials Cash Flow Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NextSource Materials Valuation Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NextSource Fundamental Market Drivers
About NextSource Materials Financial Statements
NextSource Materials investors utilize fundamental indicators, such as revenue or net income, to predict how NextSource Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 3.5 M | 3.6 M | |
| Cost Of Revenue | 4.7 M | 5 M | |
| Total Revenue | 822.1 K | 863.2 K | |
| Stock Based Compensation To Revenue | (0.15) | (0.14) | |
| Sales General And Administrative To Revenue | 11.20 | 9.96 | |
| Capex To Revenue | 12.15 | 10.80 | |
| Ebit Per Revenue | (18.75) | (19.69) |
Pair Trading with NextSource Materials
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NextSource Materials position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NextSource Materials will appreciate offsetting losses from the drop in the long position's value.Moving against NextSource Stock
| 0.73 | AAPL | Apple Inc CDR | PairCorr |
| 0.72 | AAPL | Apple CDR | PairCorr |
| 0.37 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.37 | MSFT | Microsoft CDR | PairCorr |
| 0.33 | NFLX | Netflix Inc CDR | PairCorr |
The ability to find closely correlated positions to NextSource Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextSource Materials when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NextSource Materials - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NextSource Materials to buy it.
The correlation of NextSource Materials is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NextSource Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextSource Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NextSource Materials can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NextSource Stock
NextSource Materials financial ratios help investors to determine whether NextSource Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NextSource with respect to the benefits of owning NextSource Materials security.