NXG NextGen Net Income vs. Market Capitalization
| NXG Stock | USD 53.44 2.04 3.97% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -25.7 M | Current Value -24.4 M | Quarterly Volatility 17.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.25 | 1.27 |
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| Net Profit Margin | 0.81 | 0.91 |
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| Operating Profit Margin | 0.81 | 0.91 |
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| Pretax Profit Margin | 0.81 | 0.91 |
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For NXG NextGen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NXG NextGen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NXG NextGen Infrastructure utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NXG NextGen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NXG NextGen Infrastructure over time as well as its relative position and ranking within its peers.
NXG |
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.
NXG NextGen Infrastr Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NXG NextGen's current stock value. Our valuation model uses many indicators to compare NXG NextGen value to that of its competitors to determine the firm's financial worth. NXG NextGen Infrastructure is rated below average in net income category among its peers. It is considered to be number one stock in market capitalization category among its peers . At this time, NXG NextGen's Net Loss is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value NXG NextGen by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NXG Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
NXG NextGen |
| = | (28.51 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
NXG NextGen |
| = | 136.69 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
NXG Market Capitalization vs Competition
NXG NextGen Infrastructure is considered to be number one stock in market capitalization category among its peers. Market capitalization of Financials industry is now estimated at about 1.52 Billion. NXG NextGen holds roughly 136.69 Million in market capitalization claiming about 9% of equities under Financials industry.
NXG NextGen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NXG NextGen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NXG NextGen will eventually generate negative long term returns. The profitability progress is the general direction of NXG NextGen's change in net profit over the period of time. It can combine multiple indicators of NXG NextGen, 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 | -36.7 M | -34.8 M | |
| Operating Income | -25.7 M | -24.4 M | |
| Income Before Tax | -25.7 M | -24.4 M | |
| Net Loss | -25.7 M | -24.4 M | |
| Net Interest Income | -1.5 M | -1.5 M | |
| Interest Income | 790.4 K | 1.3 M | |
| Net Loss | -25.7 M | -24.4 M | |
| Total Other Income Expense Net | -2.3 M | -2.2 M | |
| Income Tax Expense | -2.5 M | -2.4 M | |
| Net Loss | (12.60) | (11.97) | |
| Income Quality | (0.46) | (0.48) |
NXG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NXG NextGen. 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 NXG NextGen 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 NXG NextGen's important profitability drivers and their relationship over time.
Use NXG NextGen 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 NXG NextGen 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 NXG NextGen will appreciate offsetting losses from the drop in the long position's value.NXG NextGen Pair Trading
NXG NextGen Infrastructure Pair Trading Analysis
The ability to find closely correlated positions to NXG NextGen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NXG NextGen 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 NXG NextGen - 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 NXG NextGen Infrastructure to buy it.
The correlation of NXG NextGen 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 NXG NextGen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NXG NextGen Infrastr 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 NXG NextGen 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 NXG NextGen position
In addition to having NXG NextGen 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 58 constituents at this time.
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Check out Correlation Analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
To fully project NXG NextGen's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NXG NextGen Infrastr 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 NXG NextGen's income statement, its balance sheet, and the statement of cash flows.