NXG Payout Ratio vs Ptb Ratio Analysis

NXG Stock

USD 49.97 0.50 1.01%

NXG NextGen financial indicator trend analysis is infinitely more than just investigating NXG NextGen Infrastr recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NXG NextGen Infrastr is a good investment. Please check the relationship between NXG NextGen Payout Ratio and its Ptb Ratio accounts. 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.

Payout Ratio vs Ptb Ratio

Payout Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NXG NextGen Infrastr Payout Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NXG NextGen's Payout Ratio and Ptb Ratio is 0.55. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of NXG NextGen Infrastructure, assuming nothing else is changed. The correlation between historical values of NXG NextGen's Payout Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of NXG NextGen Infrastructure are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Payout Ratio i.e., NXG NextGen's Payout Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of NXG NextGen Infrastructure earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of NXG NextGen Infrastr dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating NXG NextGen Infrastr is paying out more in dividends than it makes in net income.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from NXG NextGen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

The NXG NextGen's current Enterprise Value is estimated to increase to about 160.3 M, while Selling General Administrative is projected to decrease to roughly 729.4 K.

	2021	2022	2023	2024 (projected)
Research Development	0.67	0.98	1.13	0.75
Depreciation And Amortization	228.5K	2.6M	3.0M	3.1M

Research Development Depreciation And Amortization

NXG NextGen fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Cash	Cash And Short Term Investments	Short Term Investments	Other Current Assets	Long Term Investments	Capital Stock	Current Deferred Revenue	Net Invested Capital
Total Assets		0.9	-0.41	0.55	0.36	0.76	-0.2	0.55	0.99	-0.8	0.63	0.46	0.66	0.76	0.7	0.8	0.46	-0.34	0.59	0.39	0.38	-0.73	0.88	-0.57	-0.83	0.68
Short Long Term Debt Total	0.9		-0.64	0.74	0.05	0.94	-0.31	0.74	0.88	-0.67	0.65	0.5	0.62	0.94	0.62	0.95	0.5	-0.52	0.64	0.46	0.46	-0.79	0.77	-0.64	-0.85	0.59
Other Current Liab	-0.41	-0.64		-0.96	0.52	-0.56	0.78	-0.96	-0.4	-0.03	-0.26	-0.12	-0.64	-0.56	-0.63	-0.6	-0.12	0.59	-0.76	-0.64	-0.65	0.75	-0.38	0.72	0.56	-0.02
Total Current Liabilities	0.55	0.74	-0.96		-0.4	0.64	-0.7	1.0	0.52	-0.09	0.47	0.34	0.64	0.64	0.65	0.67	0.34	-0.59	0.77	0.53	0.54	-0.79	0.52	-0.73	-0.67	0.18
Total Stockholder Equity	0.36	0.05	0.52	-0.4		-0.12	0.4	-0.4	0.34	-0.72	0.37	0.37	0.1	-0.11	0.19	-0.09	0.37	0.46	-0.24	-0.33	-0.34	0.1	0.21	0.19	-0.18	0.58
Net Debt	0.76	0.94	-0.56	0.64	-0.12		-0.21	0.64	0.74	-0.58	0.59	0.47	0.42	1.0	0.34	0.99	0.47	-0.66	0.58	0.44	0.44	-0.71	0.66	-0.59	-0.77	0.55
Retained Earnings	-0.2	-0.31	0.78	-0.7	0.4	-0.21		-0.7	-0.22	-0.15	0.0	0.17	-0.8	-0.21	-0.57	-0.26	0.17	0.55	-0.82	-0.71	-0.72	0.65	-0.08	0.8	0.31	0.15
Accounts Payable	0.55	0.74	-0.96	1.0	-0.4	0.64	-0.7		0.52	-0.09	0.47	0.34	0.64	0.64	0.65	0.67	0.34	-0.59	0.77	0.53	0.54	-0.79	0.52	-0.73	-0.67	0.18
Non Current Assets Total	0.99	0.88	-0.4	0.52	0.34	0.74	-0.22	0.52		-0.79	0.53	0.34	0.69	0.74	0.72	0.78	0.34	-0.34	0.6	0.46	0.45	-0.72	0.87	-0.58	-0.79	0.63
Non Currrent Assets Other	-0.8	-0.67	-0.03	-0.09	-0.72	-0.58	-0.15	-0.09	-0.79		-0.62	-0.5	-0.39	-0.58	-0.38	-0.61	-0.5	0.13	-0.25	-0.14	-0.13	0.46	-0.64	0.3	0.69	-0.85
Other Assets	0.63	0.65	-0.26	0.47	0.37	0.59	0.0	0.47	0.53	-0.62		0.96	0.27	0.59	0.29	0.6	0.96	-0.32	0.33	-0.08	-0.08	-0.51	0.59	-0.37	-0.76	0.82
Net Receivables	0.46	0.5	-0.12	0.34	0.37	0.47	0.17	0.34	0.34	-0.5	0.96		0.05	0.47	0.11	0.44	1.0	-0.14	0.09	-0.33	-0.33	-0.27	0.41	-0.13	-0.57	0.7
Common Stock Shares Outstanding	0.66	0.62	-0.64	0.64	0.1	0.42	-0.8	0.64	0.69	-0.39	0.27	0.05		0.43	0.87	0.49	0.05	-0.42	0.82	0.72	0.72	-0.77	0.46	-0.82	-0.59	0.25
Non Current Liabilities Total	0.76	0.94	-0.56	0.64	-0.11	1.0	-0.21	0.64	0.74	-0.58	0.59	0.47	0.43		0.35	0.99	0.47	-0.66	0.59	0.44	0.44	-0.72	0.67	-0.6	-0.77	0.56
Other Stockholder Equity	0.7	0.62	-0.63	0.65	0.19	0.34	-0.57	0.65	0.72	-0.38	0.29	0.11	0.87	0.35		0.42	0.11	-0.12	0.59	0.55	0.55	-0.64	0.57	-0.56	-0.57	0.23
Total Liab	0.8	0.95	-0.6	0.67	-0.09	0.99	-0.26	0.67	0.78	-0.61	0.6	0.44	0.49	0.99	0.42		0.44	-0.7	0.66	0.53	0.53	-0.79	0.73	-0.67	-0.84	0.6
Total Current Assets	0.46	0.5	-0.12	0.34	0.37	0.47	0.17	0.34	0.34	-0.5	0.96	1.0	0.05	0.47	0.11	0.44		-0.14	0.09	-0.33	-0.33	-0.27	0.41	-0.13	-0.57	0.7
Common Stock	-0.34	-0.52	0.59	-0.59	0.46	-0.66	0.55	-0.59	-0.34	0.13	-0.32	-0.14	-0.42	-0.66	-0.12	-0.7	-0.14		-0.83	-0.72	-0.72	0.8	-0.44	0.85	0.64	-0.37
Cash	0.59	0.64	-0.76	0.77	-0.24	0.58	-0.82	0.77	0.6	-0.25	0.33	0.09	0.82	0.59	0.59	0.66	0.09	-0.83		0.83	0.83	-0.94	0.57	-0.99	-0.73	0.34
Cash And Short Term Investments	0.39	0.46	-0.64	0.53	-0.33	0.44	-0.71	0.53	0.46	-0.14	-0.08	-0.33	0.72	0.44	0.55	0.53	-0.33	-0.72	0.83		1.0	-0.79	0.42	-0.84	-0.52	0.13
Short Term Investments	0.38	0.46	-0.65	0.54	-0.34	0.44	-0.72	0.54	0.45	-0.13	-0.08	-0.33	0.72	0.44	0.55	0.53	-0.33	-0.72	0.83	1.0		-0.79	0.41	-0.84	-0.52	0.12
Other Current Assets	-0.73	-0.79	0.75	-0.79	0.1	-0.71	0.65	-0.79	-0.72	0.46	-0.51	-0.27	-0.77	-0.72	-0.64	-0.79	-0.27	0.8	-0.94	-0.79	-0.79		-0.74	0.95	0.9	-0.56
Long Term Investments	0.88	0.77	-0.38	0.52	0.21	0.66	-0.08	0.52	0.87	-0.64	0.59	0.41	0.46	0.67	0.57	0.73	0.41	-0.44	0.57	0.42	0.41	-0.74		-0.55	-0.86	0.71
Capital Stock	-0.57	-0.64	0.72	-0.73	0.19	-0.59	0.8	-0.73	-0.58	0.3	-0.37	-0.13	-0.82	-0.6	-0.56	-0.67	-0.13	0.85	-0.99	-0.84	-0.84	0.95	-0.55		0.75	-0.4
Current Deferred Revenue	-0.83	-0.85	0.56	-0.67	-0.18	-0.77	0.31	-0.67	-0.79	0.69	-0.76	-0.57	-0.59	-0.77	-0.57	-0.84	-0.57	0.64	-0.73	-0.52	-0.52	0.9	-0.86	0.75		-0.83
Net Invested Capital	0.68	0.59	-0.02	0.18	0.58	0.55	0.15	0.18	0.63	-0.85	0.82	0.7	0.25	0.56	0.23	0.6	0.7	-0.37	0.34	0.13	0.12	-0.56	0.71	-0.4	-0.83

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NXG NextGen Account Relationship Matchups

NXG NextGen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	137.9M	202.6M	194.2M	146.3M	168.2M	181.1M
Other Current Liab	(17.9K)	(6.9M)	(14.2K)	(11.2M)	(10.1M)	(9.6M)
Total Current Liabilities	17.9K	6.9M	14.2K	5.6M	6.4M	6.8M
Total Stockholder Equity	119.3M	138.5M	142.4M	103.7M	93.3M	103.9M
Net Debt	18.3M	56.4M	41.0M	36.8M	42.3M	34.2M
Retained Earnings	(37.4M)	(13.8M)	(5.6M)	(40.7M)	(36.7M)	(34.8M)
Accounts Payable	17.9K	6.9M	14.2K	5.6M	6.4M	6.8M
Non Current Assets Total	137.4M	188.7M	193.4M	145.9M	167.8M	177.9M
Non Currrent Assets Other	(137.4M)	(188.7M)	(193.4M)	(145.9M)	(131.3M)	(137.9M)
Other Assets	56.5K	2.8M	401.0K	83.0K	95.4K	90.6K
Net Receivables	520.2K	11.1M	385.1K	317.0K	364.6K	346.3K
Liabilities And Stockholders Equity	137.9M	202.6M	194.2M	146.3M	168.2M	181.1M
Non Current Liabilities Total	18.3M	56.4M	41.4M	36.8M	42.3M	34.3M
Other Stockholder Equity	119.3M	152.3M	148.0M	144.4M	166.1M	155.5M
Total Liab	18.6M	64.1M	51.8M	42.6M	49.0M	38.1M
Total Current Assets	520.2K	11.1M	385.1K	317.0K	364.6K	346.3K
Cash And Short Term Investments	4.9M	801.6K	10.9M	9.8M	11.3M	5.8M
Short Term Investments	4.9M	801.6K	10.5M	9.8M	11.3M	5.7M
Other Current Assets	(5.4M)	(11.9M)	(11.3M)	(10.1M)	(9.1M)	(9.6M)
Long Term Investments	137.4M	188.7M	193.4M	145.9M	167.8M	179.5M
Accumulated Other Comprehensive Income	(37.4M)	(13.8M)	(5.6M)	(40.7M)	(36.7M)	(34.8M)

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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:

How To Invest In NXG

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Is NXG Stock a good investment?

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What is NXG NextGen's Net Worth?

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Largest Asset Management & Custody Banks Companies

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.

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NXG Payout Ratio vs Ptb Ratio Analysis

Payout Ratio vs Ptb Ratio

Payout Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Payout Ratio

Ptb Ratio

NXG NextGen fundamental ratios Correlations

NXG NextGen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NXG NextGen fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Net Debt
Total Current Assets	+ 1.0	Net Receivables
Short Term Investments	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Net Debt

Capital Stock	- 0.99	Cash
Accounts Payable	- 0.96	Other Current Liab
Total Current Liabilities	- 0.96	Other Current Liab
Other Current Assets	- 0.94	Cash
Current Deferred Revenue	- 0.86	Long Term Investments
Net Invested Capital	- 0.85	Non Currrent Assets Other