NexGen Capital Stock vs Common Stock Analysis
NXE Stock | USD 7.50 0.29 3.72% |
NexGen Energy financial indicator trend analysis is infinitely more than just investigating NexGen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGen Energy is a good investment. Please check the relationship between NexGen Energy Capital Stock and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.
Capital Stock vs Common Stock
Capital Stock vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Capital Stock account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NexGen Energy's Capital Stock and Common Stock is 0.91. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of NexGen Energy, assuming nothing else is changed. The correlation between historical values of NexGen Energy's Capital Stock and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of NexGen Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Stock i.e., NexGen Energy's Capital Stock and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Common Stock
Most indicators from NexGen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGen Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.At present, NexGen Energy's Enterprise Value is projected to increase significantly based on the last few years of reporting.
NexGen Energy fundamental ratios Correlations
Click cells to compare fundamentals
NexGen Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGen Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 313.5M | 357.4M | 546.6M | 554.6M | 1.0B | 1.1B | |
Other Current Liab | 4.2M | 6.5M | 7.5M | 15.8M | 43K | 40.9K | |
Total Current Liabilities | 4.8M | 7.3M | 8.2M | 16.6M | 27.9M | 29.3M | |
Total Stockholder Equity | 164.7M | 94.3M | 433.6M | 417.9M | 820.0M | 861.0M | |
Net Debt | 70.1M | 156.9M | (126.6M) | (52.0M) | (130.3M) | (123.8M) | |
Retained Earnings | (103.4M) | (212.3M) | (333.0M) | (389.9M) | (304.0M) | (288.8M) | |
Cash | 52.1M | 74.0M | 201.8M | 134.4M | 290.7M | 305.3M | |
Cash And Short Term Investments | 52.1M | 74.0M | 211.1M | 140.2M | 290.7M | 305.3M | |
Net Receivables | 610.1K | 304.6K | 1.2M | 1.8M | 512K | 573.5K | |
Common Stock Total Equity | 196.3M | 208.7M | 218.8M | 256.0M | 294.3M | 309.1M | |
Common Stock Shares Outstanding | 402.7M | 370.5M | 459.3M | 479.7M | 529.2M | 315.9M | |
Liabilities And Stockholders Equity | 313.5M | 357.4M | 546.6M | 554.6M | 1.0B | 1.1B | |
Other Current Assets | 734.3K | 680K | 1.0M | 4.0M | 15.7M | 16.5M | |
Total Liab | 127.2M | 238.1M | 85.2M | 99.1M | 187.4M | 96.0M | |
Total Current Assets | 53.5M | 75.0M | 213.3M | 144.2M | 307.0M | 322.3M | |
Common Stock | 218.8M | 256.0M | 695.9M | 712.6M | 1.0B | 1.1B | |
Other Liab | 725.1K | 711.6K | 2.5M | 867K | 997.1K | 595.9K | |
Net Tangible Assets | 161.6M | 94.0M | 433.6M | 417.7M | 480.4M | 504.4M | |
Property Plant And Equipment Net | 260.0M | 282.3M | 333.2M | 410.3M | 456.7M | 479.5M | |
Accounts Payable | 3.2K | 6.5K | 7.4K | 13.7K | 26.9M | 28.3M | |
Non Current Assets Total | 260.1M | 282.4M | 333.2M | 410.4M | 700.5M | 735.5M | |
Other Assets | 514.7K | 95.8K | 85.4K | 76K | 87.4K | 91.8K | |
Long Term Debt | 119.6M | 226.9M | 72.0M | 80.0M | 158.5M | 95.3M | |
Non Current Liabilities Total | 122.4M | 230.8M | 77.0M | 82.6M | 159.5M | 96.8M | |
Other Stockholder Equity | 51.3M | 58.6M | 70.7M | 95.1M | 109.4M | 114.9M | |
Accumulated Other Comprehensive Income | 49.3M | 50.6M | 70.7M | 95.1M | 114.9M | 120.6M | |
Intangible Assets | 287.89 | 219.0 | 312.0 | 144.0 | 65.0 | 61.75 | |
Property Plant Equipment | 259.7M | 282.1M | 333.2M | 410.2M | 471.7M | 495.3M | |
Short Long Term Debt Total | 122.2M | 230.9M | 75.2M | 82.5M | 160.4M | 129.5M | |
Non Currrent Assets Other | 95.5K | 85.2K | 75.7K | 75.9K | 3.6M | 3.8M | |
Long Term Debt Total | 138.2M | 121.7M | 230.1M | 74.5M | 85.6M | 126.8M | |
Net Invested Capital | 284.3M | 321.1M | 505.6M | 497.9M | 978.5M | 502.6M | |
Net Working Capital | 48.7M | 67.7M | 205.1M | 127.6M | 279.1M | 158.7M | |
Capital Stock | 218.8M | 256.0M | 695.9M | 712.6M | 1.0B | 568.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy'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 NexGen Energy's future performance. For an informed investment choice regarding NexGen Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil, Gas & Consumable Fuels 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 NexGen Energy. If investors know NexGen 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 NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.21 | Return On Assets (0.04) | Return On Equity 0.1583 |
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy'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 NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy'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 NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy'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.