NXG Cash And Short Term Investments from 2010 to 2024

NXG Stock  USD 41.82  0.09  0.22%   
NXG NextGen's Cash And Short Term Investments are increasing over the last several years with slightly volatile swings. Cash And Short Term Investments are predicted to flatten to about 5.8 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
11.3 M
Current Value
5.8 M
Quarterly Volatility
4.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NXG NextGen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NXG main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Selling General Administrative of 729.4 K or Other Operating Expenses of 368.5 K, as well as many exotic indicators such as Dividend Yield of 0.1, Ptb Ratio of 0.97 or Book Value Per Share of 60.87. NXG financial statements analysis is a perfect complement when working with NXG NextGen Valuation or Volatility modules.
  
This module can also supplement various NXG NextGen Technical models . Check out the analysis of NXG NextGen Correlation against competitors.

Latest NXG NextGen's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of NXG NextGen Infrastructure over the last few years. Short Term Investments is an account in the current assets section of NXG NextGen Infrastr balance sheet. This account contains NXG NextGen investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NXG NextGen Infrastructure fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. NXG NextGen's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NXG NextGen's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

NXG Cash And Short Term Investments Regression Statistics

Arithmetic Mean2,930,166
Geometric Mean304,399
Coefficient Of Variation150.81
Mean Deviation3,746,935
Median44,228
Standard Deviation4,419,122
Sample Variance19.5T
Range11.3M
R-Value0.77
Mean Square Error8.6T
R-Squared0.59
Significance0.0008
Slope758,570
Total Sum of Squares273.4T

NXG Cash And Short Term Investments History

20245.8 M
202311.3 M
20229.8 M
202110.9 M
2020801.6 K
20194.9 M

About NXG NextGen Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NXG NextGen income statement, its balance sheet, and the statement of cash flows. NXG NextGen investors use historical funamental indicators, such as NXG NextGen's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although NXG NextGen investors may use each financial statement separately, they are all related. The changes in NXG NextGen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NXG NextGen's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NXG NextGen Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NXG NextGen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments11.3 M5.8 M

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 the analysis of NXG NextGen Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running NXG NextGen's price analysis, check to measure NXG NextGen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
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Is NXG NextGen's industry 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
(10.96)
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.