NXG Total Current Liabilities from 2010 to 2024

NXG Stock  USD 43.65  0.11  0.25%   
NXG NextGen's Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is estimated to finish at about 6.8 M this year. Total Current Liabilities is the total amount of liabilities that NXG NextGen Infrastructure is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
6.4 M
Current Value
6.8 M
Quarterly Volatility
2.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NXG NextGen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NXG NextGen's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Selling General Administrative of 729.4 K or Other Operating Expenses of 368.5 K, as well as many indicators such as Dividend Yield of 0.0729, Ptb Ratio of 0.97 or Book Value Per Share of 60.9. NXG financial statements analysis is a perfect complement when working with NXG NextGen Valuation or Volatility modules.
  
Check out the analysis of NXG NextGen Correlation against competitors.

Latest NXG NextGen's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of NXG NextGen Infrastructure over the last few years. Total Current Liabilities is an item on NXG NextGen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NXG NextGen Infrastructure are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. NXG NextGen's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NXG NextGen's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

NXG Total Current Liabilities Regression Statistics

Arithmetic Mean1,713,630
Geometric Mean26,007
Coefficient Of Variation171.69
Mean Deviation2,503,665
Median13,822
Standard Deviation2,942,156
Sample Variance8.7T
Range6.9M
R-Value0.73
Mean Square Error4.4T
R-Squared0.53
Significance0
Slope480,185
Total Sum of Squares121.2T

NXG Total Current Liabilities History

20246.8 M
20236.4 M
20225.6 M
202114.2 K
20206.9 M
201917.9 K
201816 K

About NXG NextGen Financial Statements

NXG NextGen stakeholders use historical fundamental indicators, such as NXG NextGen's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although NXG NextGen investors may analyze each financial statement separately, they are all interrelated. For example, changes in NXG NextGen's assets and liabilities are reflected in the revenues and expenses on NXG NextGen's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NXG NextGen Infrastructure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities6.4 M6.8 M

Currently Active Assets on Macroaxis

When determining whether NXG NextGen Infrastr is a strong investment it is important to analyze NXG NextGen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NXG NextGen's future performance. For an informed investment choice regarding NXG Stock, refer to the following important reports:
Check out the analysis of NXG NextGen Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NXG NextGen. If investors know NXG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NXG NextGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
3.12
The market value of NXG NextGen Infrastr is measured differently than its book value, which is the value of NXG that is recorded on the company's balance sheet. Investors also form their own opinion of NXG NextGen's value that differs from its market value or its book value, called intrinsic value, which is NXG NextGen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NXG NextGen's market value can be influenced by many factors that don't directly affect NXG NextGen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NXG NextGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if NXG NextGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NXG NextGen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.