NexGen Energy Total Debt vs. Cash Per Share
| NXE Stock | CAD 12.42 0.22 1.80% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 231 | 259 |
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For NexGen Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NexGen Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NexGen Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NexGen Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NexGen Energy over time as well as its relative position and ranking within its peers.
NexGen |
NexGen Energy Cash Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NexGen Energy's current stock value. Our valuation model uses many indicators to compare NexGen Energy value to that of its competitors to determine the firm's financial worth. NexGen Energy is rated top company in total debt category among its peers. It is regarded second in cash per share category among its peers . The ratio of Total Debt to Cash Per Share for NexGen Energy is about 802,100,000 . At this time, NexGen Energy's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value NexGen Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NexGen Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NexGen Total Debt vs. Competition
NexGen Energy is rated top company in total debt category among its peers. Total debt of Energy industry is now estimated at about 193.51 Million. NexGen Energy totals roughly 160.42 Million in total debt claiming about 83% of equities under Energy industry.
NexGen Cash Per Share vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
NexGen Energy |
| = | 160.42 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
NexGen Energy |
| = | 0.20 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
NexGen Cash Per Share Comparison
NexGen Energy is currently under evaluation in cash per share category among its peers.
NexGen Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NexGen Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NexGen Energy will eventually generate negative long term returns. The profitability progress is the general direction of NexGen Energy's change in net profit over the period of time. It can combine multiple indicators of NexGen Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 114.9 M | 120.6 M | |
| Operating Income | -84.7 M | -80.5 M | |
| Income Before Tax | 67.8 M | 71.2 M | |
| Total Other Income Expense Net | 152.6 M | 160.2 M | |
| Net Income | 70.2 M | 73.7 M | |
| Income Tax Expense | -1.4 M | -1.3 M | |
| Net Income From Continuing Ops | 70.2 M | 73.7 M | |
| Net Loss | -50.9 M | -53.5 M | |
| Interest Income | 6 M | 4.9 M | |
| Net Interest Income | -221 K | -232.1 K | |
| Change To Netincome | 40 M | 30.4 M | |
| Net Income Per Share | 0.16 | 0.17 | |
| Income Quality | (0.75) | (0.71) | |
| Net Income Per E B T | 1.19 | 1.25 |
NexGen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NexGen Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NexGen Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NexGen Energy's important profitability drivers and their relationship over time.
Use NexGen Energy in pair-trading
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.NexGen Energy Pair Trading
NexGen Energy Pair Trading Analysis
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.Use Investing Themes to Complement your NexGen Energy position
In addition to having NexGen Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 47 constituents at this time.
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Check out Correlation Analysis. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
To fully project NexGen Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NexGen Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NexGen Energy's income statement, its balance sheet, and the statement of cash flows.