Nexxen Total Operating Expenses from 2010 to 2024

NEXN Stock   9.79  0.18  1.81%   
Nexxen International Total Operating Expenses yearly trend continues to be very stable with very little volatility. Total Operating Expenses is likely to drop to about 213.5 M. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2010-12-31
Previous Quarter
286.7 M
Current Value
213.5 M
Quarterly Volatility
59 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexxen International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexxen International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.5 M, Interest Expense of 5.5 M or Total Revenue of 340.3 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0063 or PTB Ratio of 0.63. Nexxen financial statements analysis is a perfect complement when working with Nexxen International Valuation or Volatility modules.
  
Check out the analysis of Nexxen International Correlation against competitors.
To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.

Latest Nexxen International's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Nexxen International over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Nexxen International's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexxen International's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Nexxen Total Operating Expenses Regression Statistics

Arithmetic Mean142,633,584
Geometric Mean133,611,711
Coefficient Of Variation41.34
Mean Deviation48,588,779
Median106,192,000
Standard Deviation58,963,041
Sample Variance3476.6T
Range180.5M
R-Value0.80
Mean Square Error1377.6T
R-Squared0.63
Significance0.0004
Slope10,482,073
Total Sum of Squares48673T

Nexxen Total Operating Expenses History

2024213.5 M
2023286.7 M
2022223.7 M
2021195.6 M
2020158.1 M

About Nexxen International Financial Statements

Nexxen International investors utilize fundamental indicators, such as Total Operating Expenses, to predict how Nexxen 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 ReportedProjected for Next Year
Total Operating Expenses286.7 M213.5 M

Pair Trading with Nexxen International

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 Nexxen International 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 Nexxen International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nexxen Stock

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Moving against Nexxen Stock

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The ability to find closely correlated positions to Nexxen International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexxen International 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 Nexxen International - 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 Nexxen International to buy it.
The correlation of Nexxen International 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 Nexxen International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexxen International 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 Nexxen International 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.
Pair CorrelationCorrelation Matching
When determining whether Nexxen International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexxen International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexxen International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexxen International Stock:
Check out the analysis of Nexxen International Correlation against competitors.
To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Advertising 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 Nexxen International. If investors know Nexxen 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 Nexxen International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
0.18
Revenue Per Share
4.754
Quarterly Revenue Growth
0.051
Return On Assets
0.0059
The market value of Nexxen International is measured differently than its book value, which is the value of Nexxen that is recorded on the company's balance sheet. Investors also form their own opinion of Nexxen International's value that differs from its market value or its book value, called intrinsic value, which is Nexxen International'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 Nexxen International's market value can be influenced by many factors that don't directly affect Nexxen International'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 Nexxen International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexxen International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexxen International'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.