Nexe Innovations Stock Debt To Equity
| NEXE Stock | CAD 0.40 0.01 2.44% |
NEXE Innovations fundamentals help investors to digest information that contributes to NEXE Innovations' financial success or failures. It also enables traders to predict the movement of NEXE Stock. The fundamental analysis module provides a way to measure NEXE Innovations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NEXE Innovations stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.02 | 0.02 |
NEXE | Debt To Equity |
NEXE Innovations Company Debt To Equity Analysis
NEXE Innovations' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current NEXE Innovations Debt To Equity | 0.05 % |
Most of NEXE Innovations' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NEXE Innovations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NEXE Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for NEXE Innovations is extremely important. It helps to project a fair market value of NEXE Stock properly, considering its historical fundamentals such as Debt To Equity. Since NEXE Innovations' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NEXE Innovations' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NEXE Innovations' interrelated accounts and indicators.
Click cells to compare fundamentals
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
NEXE Other Stockholder Equity
Other Stockholder Equity |
|
According to the company disclosure, NEXE Innovations has a Debt To Equity of 0.053%. This is 99.95% lower than that of the Containers & Packaging sector and 99.97% lower than that of the Materials industry. The debt to equity for all Canada stocks is 99.89% higher than that of the company.
NEXE Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NEXE Innovations' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NEXE Innovations could also be used in its relative valuation, which is a method of valuing NEXE Innovations by comparing valuation metrics of similar companies.NEXE Innovations is currently under evaluation in debt to equity category among its peers.
NEXE Fundamentals
| Return On Equity | -0.0596 | |||
| Return On Asset | -0.0986 | |||
| Operating Margin | (489.43) % | |||
| Current Valuation | 24.86 M | |||
| Shares Outstanding | 97.29 M | |||
| Shares Owned By Insiders | 14.62 % | |||
| Shares Owned By Institutions | 1.23 % | |||
| Number Of Shares Shorted | 16.72 K | |||
| Price To Book | 1.11 X | |||
| Price To Sales | 616.46 X | |||
| Revenue | 49.76 K | |||
| Gross Profit | (259.47 K) | |||
| EBITDA | (4.51 M) | |||
| Net Income | (6.14 M) | |||
| Cash And Equivalents | 50.84 M | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 319.45 K | |||
| Debt To Equity | 0.05 % | |||
| Current Ratio | 13.80 X | |||
| Book Value Per Share | 0.37 X | |||
| Cash Flow From Operations | (3.91 M) | |||
| Earnings Per Share | (0.03) X | |||
| Target Price | 1.0 | |||
| Beta | 2.1 | |||
| Market Capitalization | 38.92 M | |||
| Total Asset | 43.36 M | |||
| Retained Earnings | (37.55 M) | |||
| Working Capital | 23.01 M | |||
| Net Asset | 43.36 M |
About NEXE Innovations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NEXE Innovations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEXE Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEXE Innovations based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for NEXE Stock Analysis
When running NEXE Innovations' price analysis, check to measure NEXE Innovations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.