NexGen Historical Cash Flow
| NXE Stock | CAD 12.42 0.22 1.80% |
Analysis of NexGen Energy cash flow over time is an excellent tool to project NexGen Energy future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 181 M or Depreciation of 1.3 M as it is a great indicator of NexGen Energy ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining NexGen Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NexGen Energy is a good buy for the upcoming year.
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About NexGen Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in NexGen balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which NexGen's non-liquid assets can be easily converted into cash.
NexGen Energy Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by NexGen Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of NexGen Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from NexGen Energy's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 board of governors. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.At this time, NexGen Energy's Change To Liabilities is very stable compared to the past year. As of the 23rd of November 2024, Issuance Of Capital Stock is likely to grow to about 207.3 M, though Free Cash Flow is likely to grow to (55.7 M).
NexGen Energy cash flow statement Correlations
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NexGen Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGen Energy cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (72.9M) | 21.9M | 127.8M | (67.4M) | 156.3M | 164.1M | |
| Stock Based Compensation | 10.9M | 9.7M | 31.4M | 35.1M | 37.1M | 39.0M | |
| Free Cash Flow | (70.5M) | (28.9M) | (63.7M) | (20.5M) | (58.7M) | (55.7M) | |
| Change In Working Capital | (1.7M) | 204.6K | (51K) | (143K) | (12.7M) | (12.1M) | |
| Begin Period Cash Flow | 125.1M | 52.1M | 74.0M | 201.8M | 134.4M | 77.2M | |
| Other Cashflows From Financing Activities | (8.0M) | 27.6M | 28.0M | 14.5M | 172.4M | 181.0M | |
| Depreciation | 2.4M | 2.3M | 2.1M | 1.8M | 1.8M | 1.3M | |
| Other Non Cash Items | (8.7M) | 90.9M | 75.6M | 4.3M | (147.6M) | (140.2M) | |
| Capital Expenditures | 57.7M | 18.2M | 46.9M | 354K | 6.1M | 5.8M | |
| Total Cash From Operating Activities | (12.8M) | (10.6M) | (16.8M) | (20.2M) | (52.6M) | (50.0M) | |
| Change To Account Receivables | 28.4K | 305.5K | (873K) | (623K) | (132K) | (138.6K) | |
| Net Income | (16.5M) | (114.5M) | (126.9M) | (60.3M) | 70.2M | 73.7M | |
| Total Cash From Financing Activities | (1.4M) | 51.2M | 191.4M | 19.9M | 368.9M | 387.3M | |
| End Period Cash Flow | 52.1M | 74.0M | 201.8M | 134.4M | 290.7M | 305.3M | |
| Sale Purchase Of Stock | 4.0M | 7.4M | 195.3M | 17.0M | 19.5M | 18.5M | |
| Investments | (57.7M) | (18.2M) | (46.7M) | (68.1M) | (160.1M) | (152.1M) | |
| Total Cashflows From Investing Activities | (57.7M) | (18.2M) | (46.7M) | (68.1M) | (61.2M) | (58.2M) | |
| Change To Operating Activities | (49.1K) | 65.0K | (329K) | (1.1M) | (1.0M) | (972.1K) | |
| Change To Netincome | 2.0M | 96.4M | 100.2M | 34.7M | 40.0M | 30.4M | |
| Change To Liabilities | (1.7M) | (166.0K) | 1.2M | 1.6M | 1.9M | 2.0M |
Pair Trading with NexGen Energy
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 NexGen Energy 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 NexGen Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with NexGen Stock
| 0.86 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.73 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.87 | ENS | E Split Corp | PairCorr |
| 0.83 | ENS-PA | E Split Corp | PairCorr |
Moving against NexGen Stock
The ability to find closely correlated positions to NexGen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGen Energy 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 NexGen Energy - 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 NexGen Energy to buy it.
The correlation of NexGen Energy 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 NexGen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGen Energy 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 NexGen Energy 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.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 board of governors. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.