NexGen Capex To Depreciation vs Book Value Per Share Analysis

NXE Stock  CAD 11.75  0.42  3.71%   
NexGen Energy financial indicator trend analysis is infinitely more than just investigating NexGen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGen Energy is a good investment. Please check the relationship between NexGen Energy Capex To Depreciation and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Capex To Depreciation account and Book Value Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between NexGen Energy's Capex To Depreciation and Book Value Per Share is 0.39. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of NexGen Energy, assuming nothing else is changed. The correlation between historical values of NexGen Energy's Capex To Depreciation and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of NexGen Energy are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Depreciation i.e., NexGen Energy's Capex To Depreciation and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from NexGen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGen Energy 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 NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.At this time, NexGen Energy's Selling General Administrative is very stable compared to the past year. As of the 8th of May 2024, Issuance Of Capital Stock is likely to grow to about 207.3 M, though Tax Provision is likely to grow to (1.3 M).
 2021 2022 2023 2024 (projected)
Interest Income910K2.8M6.0M4.9M
Minority Interest7.9M3.7M10.6M13.6M

NexGen Energy fundamental ratios Correlations

0.960.970.98-0.3-0.850.960.680.930.880.750.880.610.970.950.960.570.940.820.960.99-0.570.590.590.090.83
0.960.980.94-0.3-0.890.890.610.950.840.710.840.550.890.950.960.490.930.840.990.97-0.510.510.52-0.040.78
0.970.980.97-0.3-0.810.90.520.920.780.630.940.50.90.920.910.430.90.760.980.98-0.460.480.47-0.130.71
0.980.940.97-0.46-0.810.940.60.940.780.640.920.430.940.950.90.550.950.750.950.97-0.480.410.41-0.050.71
-0.3-0.3-0.3-0.460.34-0.41-0.37-0.44-0.07-0.09-0.30.37-0.41-0.47-0.22-0.46-0.55-0.16-0.33-0.250.00.390.380.19-0.03
-0.85-0.89-0.81-0.810.34-0.8-0.76-0.87-0.86-0.78-0.58-0.58-0.8-0.95-0.94-0.77-0.92-0.92-0.91-0.850.55-0.5-0.53-0.26-0.8
0.960.890.90.94-0.41-0.80.770.870.850.720.820.60.990.920.890.590.910.760.880.92-0.560.580.590.150.83
0.680.610.520.6-0.37-0.760.770.670.80.850.320.680.780.730.720.740.740.80.60.6-0.660.590.630.510.81
0.930.950.920.94-0.44-0.870.870.670.810.720.80.440.90.960.920.560.960.810.950.93-0.540.390.41-0.050.74
0.880.840.780.78-0.07-0.860.850.80.810.930.590.810.850.860.940.640.820.90.820.86-0.80.810.820.440.98
0.750.710.630.64-0.09-0.780.720.850.720.930.40.790.730.750.840.640.730.910.690.71-0.840.750.770.510.92
0.880.840.940.92-0.3-0.580.820.320.80.590.40.330.830.780.740.260.770.540.850.9-0.280.350.33-0.290.52
0.610.550.50.430.37-0.580.60.680.440.810.790.330.590.490.680.360.430.750.510.59-0.630.940.960.520.85
0.970.890.90.94-0.41-0.80.990.780.90.850.730.830.590.920.890.590.920.760.880.92-0.580.570.580.140.82
0.950.950.920.95-0.47-0.950.920.730.960.860.750.780.490.920.960.710.990.860.960.94-0.550.450.460.110.78
0.960.960.910.9-0.22-0.940.890.720.920.940.840.740.680.890.960.650.930.930.950.96-0.630.630.650.230.89
0.570.490.430.55-0.46-0.770.590.740.560.640.640.260.360.590.710.650.710.70.530.54-0.440.280.320.610.59
0.940.930.90.95-0.55-0.920.910.740.960.820.730.770.430.920.990.930.710.840.940.92-0.530.380.40.10.76
0.820.840.760.75-0.16-0.920.760.80.810.90.910.540.750.760.860.930.70.840.840.83-0.630.640.680.350.87
0.960.990.980.95-0.33-0.910.880.60.950.820.690.850.510.880.960.950.530.940.840.97-0.490.470.48-0.050.75
0.990.970.980.97-0.25-0.850.920.60.930.860.710.90.590.920.940.960.540.920.830.97-0.530.560.570.040.8
-0.57-0.51-0.46-0.480.00.55-0.56-0.66-0.54-0.8-0.84-0.28-0.63-0.58-0.55-0.63-0.44-0.53-0.63-0.49-0.53-0.77-0.69-0.44-0.76
0.590.510.480.410.39-0.50.580.590.390.810.750.350.940.570.450.630.280.380.640.470.56-0.770.970.480.82
0.590.520.470.410.38-0.530.590.630.410.820.770.330.960.580.460.650.320.40.680.480.57-0.690.970.520.86
0.09-0.04-0.13-0.050.19-0.260.150.51-0.050.440.51-0.290.520.140.110.230.610.10.35-0.050.04-0.440.480.520.49
0.830.780.710.71-0.03-0.80.830.810.740.980.920.520.850.820.780.890.590.760.870.750.8-0.760.820.860.49
Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets313.5M357.4M546.6M554.6M1.0B1.1B
Other Current Liab4.2M6.5M7.5M15.8M18.2M19.1M
Total Current Liabilities4.8M7.3M8.2M16.6M27.9M29.3M
Total Stockholder Equity164.7M94.3M433.6M417.9M820.0M861.0M
Net Debt70.1M156.9M(126.6M)(52.0M)(46.8M)(44.4M)
Retained Earnings(103.4M)(212.3M)(333.0M)(389.9M)(304.0M)(288.8M)
Cash52.1M74.0M201.8M134.4M290.7M305.3M
Cash And Short Term Investments52.1M74.0M211.1M140.2M161.3M82.8M
Net Receivables610.1K304.6K1.2M1.8M1.9M2.0M
Common Stock Total Equity196.3M208.7M218.8M256.0M294.3M309.1M
Common Stock Shares Outstanding413.4M402.7M370.5M459.3M525.3M315.4M
Liabilities And Stockholders Equity313.5M357.4M546.6M554.6M637.7M669.6M
Other Current Assets734.3K679.7K1.0M2.2M13.8M14.5M
Total Liab127.2M238.1M85.2M99.1M187.4M96.0M
Total Current Assets53.5M75.0M213.3M144.2M307.0M322.3M
Common Stock218.8M256.0M695.9M712.6M819.5M860.5M
Property Plant And Equipment Gross260.0M282.3M342.9M421.9M469.9M493.4M
Accumulated Other Comprehensive Income49.3M50.6M70.7M95.1M109.4M114.9M
Other Liab725.1K711.6K2.5M867K997.1K732.7K
Net Tangible Assets161.6M94.0M433.3M417.7M480.4M504.4M
Property Plant And Equipment Net260.0M282.3M333.2M410.3M456.8M235.4M
Accounts Payable3.2M5.7M7.4M13.7M15.7M16.5M
Non Current Assets Total260.1M282.4M333.2M410.4M700.5M735.5M
Non Currrent Assets Other514.7K95.8K85.4K76K68.4K65.0K
Long Term Debt119.6M226.9M72.0M80.0M158.5M126.9M
Non Current Liabilities Total122.4M230.8M77.0M82.6M159.5M116.1M
Other Stockholder Equity46.6M50.6M70.7M460K529K502.6K
Short Term Debt559.0K777.6K706K775K697.5K662.6K
Property Plant Equipment259.7M282.1M332.9M410.3M471.8M495.4M
Short Long Term Debt Total122.2M230.9M75.2M82.5M94.9M122.7M
Other Assets514.7K95.8K85.4K76K87.4K126.7K
Long Term Debt Total121.7M230.1M74.5M81.7M73.5M101.5M
Net Invested Capital284.3M321.1M505.6M497.9M978.5M502.6M
Net Working Capital48.7M67.7M205.1M127.6M279.1M158.7M
Capital Stock218.8M256.0M695.9M712.6M1.0B568.5M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy'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 NexGen Energy's future performance. For an informed investment choice regarding NexGen Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.
Note that the NexGen Energy information on this page should be used as a complementary analysis to other NexGen Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for NexGen Stock analysis

When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy'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.