Nexxen Historical Financial Ratios
| NEXN Stock | 9.97 0.06 0.61% |
Nexxen International is lately reporting on over 79 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 164 will help investors to properly organize and evaluate Nexxen International financial condition quickly.
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About Nexxen Financial Ratios Analysis
Nexxen InternationalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Nexxen International investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Nexxen financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Nexxen International history.
Nexxen International Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nexxen International stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nexxen International sales, a figure that is much harder to manipulate than other Nexxen International multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Nexxen International dividend as a percentage of Nexxen International stock price. Nexxen International dividend yield is a measure of Nexxen International stock productivity, which can be interpreted as interest rate earned on an Nexxen International investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.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 ratios from Nexxen International's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Nexxen International current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Nexxen International. 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. To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.At this time, Nexxen International's Days Payables Outstanding is very stable compared to the past year. As of the 22nd of November 2024, Receivables Turnover is likely to grow to 2.19, while Price To Sales Ratio is likely to drop 1.03.
| 2023 | 2024 (projected) | Dividend Yield | 0.0106 | 0.006305 | Price To Sales Ratio | 1.08 | 1.03 |
Nexxen International fundamentals Correlations
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Nexxen International Account Relationship Matchups
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High Negative Relationship
Nexxen International fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.06 | 5.66 | 3.2 | 1.44 | 1.08 | 1.03 | |
| Ptb Ratio | 3.31 | 3.64 | 1.91 | 0.88 | 0.66 | 0.63 | |
| Book Value Per Share | 5.41 | 4.91 | 7.92 | 7.36 | 7.57 | 4.1 | |
| Free Cash Flow Yield | 0.0385 | 0.0248 | 0.15 | 0.14 | 0.11 | 0.0617 | |
| Operating Cash Flow Per Share | 0.81 | 0.52 | 2.35 | 1.11 | 0.85 | 0.86 | |
| Capex To Depreciation | 0.27 | 0.21 | 0.12 | 0.36 | 0.25 | 0.18 | |
| Pb Ratio | 3.31 | 3.64 | 1.91 | 0.88 | 0.66 | 0.63 | |
| Ev To Sales | 2.89 | 5.3 | 2.17 | 1.18 | 0.78 | 0.74 | |
| Free Cash Flow Per Share | 0.69 | 0.44 | 2.24 | 0.9 | 0.57 | 0.75 | |
| Roic | 0.0349 | 0.005271 | 0.13 | 0.0369 | (0.0299) | (0.0284) | |
| Net Income Per Share | 0.11 | 0.0319 | 1.01 | 0.3 | (0.3) | (0.28) | |
| Payables Turnover | 3.03 | 0.48 | 0.44 | 0.29 | 0.34 | 0.32 | |
| Research And Ddevelopement To Revenue | 0.0684 | 0.0626 | 0.0539 | 0.1 | 0.15 | 0.16 | |
| Capex To Revenue | 0.0207 | 0.0257 | 0.0244 | 0.0453 | 0.0591 | 0.0621 | |
| Cash Per Share | 1.42 | 1.45 | 5.09 | 2.9 | 3.26 | 1.79 | |
| Pocfratio | 22.09 | 34.1 | 6.44 | 5.83 | 5.9 | 5.6 | |
| Interest Coverage | 1.05 | (3.24) | 27.89 | 9.71 | (1.66) | (1.58) | |
| Capex To Operating Cash Flow | 0.15 | 0.16 | 0.0491 | 0.18 | 0.32 | 0.34 | |
| Pfcf Ratio | 25.97 | 40.36 | 6.77 | 7.13 | 8.71 | 8.28 | |
| Days Payables Outstanding | 120.39 | 768.14 | 824.29 | 1.3K | 1.1K | 1.1K | |
| Income Quality | 7.24 | 16.44 | 2.32 | 3.65 | (2.83) | (2.69) | |
| Roe | 0.0207 | 0.006501 | 0.13 | 0.0412 | (0.0395) | (0.0376) | |
| Ev To Operating Cash Flow | 20.87 | 31.94 | 4.36 | 4.75 | 4.28 | 4.07 | |
| Pe Ratio | 159.95 | 560.65 | 14.95 | 21.27 | (16.67) | (15.84) | |
| Return On Tangible Assets | 0.0202 | 0.006889 | 0.12 | 0.0407 | (0.0396) | (0.0376) | |
| Ev To Free Cash Flow | 24.54 | 37.8 | 4.59 | 5.81 | 6.32 | 6.01 | |
| Earnings Yield | 0.006252 | 0.001784 | 0.0669 | 0.047 | (0.06) | (0.057) | |
| Intangibles To Total Assets | 0.17 | 0.3 | 0.42 | 0.26 | 0.4 | 0.24 | |
| Net Debt To E B I T D A | 0.13 | (1.41) | (1.48) | (1.93) | (3.06) | (1.0) | |
| Current Ratio | 1.73 | 1.46 | 2.5 | 1.64 | 1.97 | 1.44 | |
| Tangible Book Value Per Share | 3.0 | 1.56 | 5.04 | 2.05 | 2.53 | 1.92 | |
| Graham Number | 3.69 | 1.88 | 13.44 | 7.09 | 7.14 | 5.05 | |
| Shareholders Equity Per Share | 5.41 | 4.91 | 7.92 | 7.36 | 7.57 | 4.1 | |
| Capex Per Share | 0.0962 | 0.12 | 0.0814 | 0.2 | 0.27 | 0.29 |
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
Moving against Nexxen Stock
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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexxen International. 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. 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.