NexGen Ptb Ratio vs Days Sales Outstanding Analysis

NXE Stock  CAD 12.00  0.25  2.13%   
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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between NexGen Energy's Ptb Ratio and Days Sales Outstanding is 0.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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 Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of NexGen Energy are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., NexGen Energy's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

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.

Days Sales Outstanding

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
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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

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.