NXG Historical Income Statement

NXG Stock  USD 49.47  0.41  0.84%   
Historical analysis of NXG NextGen income statement accounts such as Interest Income of 1.3 M can show how well NXG NextGen Infrastructure performed in making a profits. Evaluating NXG NextGen income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NXG NextGen's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining NXG NextGen Infrastr 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 NXG NextGen Infrastr is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. 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.

About NXG Income Statement Analysis

NXG NextGen Infrastr Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NXG NextGen shareholders. The income statement also shows NXG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NXG NextGen Income Statement Chart

At this time, NXG NextGen's Interest Income is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Depreciation And Amortization is estimated to increase to about 3.1 M, while Total Revenue is forecasted to increase to (24 M).

Total Revenue

Total revenue comprises all receipts NXG NextGen Infrastr generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NXG NextGen Infrastructure minus its cost of goods sold. It is profit before NXG NextGen operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NXG NextGen Infrastr. It is also known as NXG NextGen overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on NXG NextGen Infrastr income statement and represents the costs associated with goods and services NXG NextGen provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from NXG NextGen's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NXG NextGen Infrastr current financial condition. On the other hand, looking into the entire matrix of income 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 NXG NextGen Infrastructure. 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.
At this time, NXG NextGen's Interest Income is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Depreciation And Amortization is estimated to increase to about 3.1 M, while Total Revenue is forecasted to increase to (24 M).
 2021 2022 2023 2024 (projected)
Research Development0.670.981.130.75
Depreciation And Amortization228.5K2.6M3.0M3.1M

NXG NextGen income statement Correlations

0.73-0.75-0.770.96-0.75-0.75-0.73-0.95-0.75-0.75-0.88-0.68-0.62-0.69-0.960.960.87-0.95
0.73-0.68-0.690.68-0.68-0.68-0.67-0.73-0.68-0.68-0.92-0.96-0.35-0.74-0.70.720.9-0.84
-0.75-0.681.0-0.831.01.01.00.821.01.00.690.560.890.860.71-0.81-0.650.74
-0.77-0.691.0-0.841.01.01.00.831.01.00.70.570.890.860.72-0.83-0.670.75
0.960.68-0.83-0.84-0.83-0.83-0.81-0.98-0.83-0.83-0.82-0.61-0.76-0.78-0.931.00.83-0.9
-0.75-0.681.01.0-0.831.01.00.821.01.00.680.560.890.860.7-0.81-0.650.73
-0.75-0.681.01.0-0.831.01.00.821.01.00.680.560.890.860.7-0.81-0.650.73
-0.73-0.671.01.0-0.811.01.00.81.01.00.660.540.890.860.68-0.79-0.630.71
-0.95-0.730.820.83-0.980.820.820.80.820.820.870.680.730.740.96-0.99-0.890.94
-0.75-0.681.01.0-0.831.01.01.00.821.00.680.560.890.860.7-0.81-0.650.73
-0.75-0.681.01.0-0.831.01.01.00.821.00.680.560.890.860.7-0.81-0.650.73
-0.88-0.920.690.7-0.820.680.680.660.870.680.680.940.420.730.87-0.87-0.940.97
-0.68-0.960.560.57-0.610.560.560.540.680.560.560.940.220.70.66-0.67-0.860.83
-0.62-0.350.890.89-0.760.890.890.890.730.890.890.420.220.710.61-0.72-0.440.55
-0.69-0.740.860.86-0.780.860.860.860.740.860.860.730.70.710.58-0.78-0.630.69
-0.96-0.70.710.72-0.930.70.70.680.960.70.70.870.660.610.58-0.94-0.890.96
0.960.72-0.81-0.831.0-0.81-0.81-0.79-0.99-0.81-0.81-0.87-0.67-0.72-0.78-0.940.87-0.93
0.870.9-0.65-0.670.83-0.65-0.65-0.63-0.89-0.65-0.65-0.94-0.86-0.44-0.63-0.890.87-0.94
-0.95-0.840.740.75-0.90.730.730.710.940.730.730.970.830.550.690.96-0.93-0.94
Click cells to compare fundamentals

NXG NextGen Account Relationship Matchups

NXG NextGen income statement Accounts

201920202021202220232024 (projected)
Interest Expense169.8K538.1K1.3M2.6M3.0M3.1M
Selling General Administrative701.0K716.4K758.9K773.5K889.6K729.4K
Total Revenue(19.9M)26.1M10.9M(28.1M)(25.3M)(24.0M)
Gross Profit(19.9M)26.1M10.9M(30.3M)(27.2M)(25.9M)
Other Operating Expenses520.3K262.2K312.3K3.0M3.5M3.7M
Operating Income(20.4M)25.8M10.6M(28.5M)(25.7M)(24.4M)
Ebit(20.4M)25.8M10.6M(28.5M)(25.7M)(24.4M)
Ebitda(20.4M)25.8M10.6M(25.9M)(23.3M)(22.2M)
Total Operating Expenses520.3K262.2K312.3K(28.1M)(25.3M)(24.0M)
Income Before Tax(20.4M)25.8M10.6M(28.5M)(25.7M)(24.4M)
Net Income(20.4M)25.8M10.6M(28.5M)(25.7M)(24.4M)
Net Interest Income1.7M522.9K(238.6K)(1.7M)(1.5M)(1.5M)
Interest Income1.9M1.1M1.0M878.2K790.4K1.3M
Net Income From Continuing Ops(20.4M)25.8M10.6M(28.5M)(25.7M)(24.4M)
Cost Of Revenue1.9M2.4M2.4M2.1M1.9M1.8M
Total Other Income Expense Net(169.8K)(538.1K)(1.3M)(2.6M)(2.3M)(2.2M)

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. 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.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.