NexGen Total Assets vs Net Debt Analysis

NXE Stock

CAD 10.88 0.50 4.82%

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 Total Assets and its Net Debt 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Total Assets account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NexGen Energy's Total Assets and Net Debt is -0.3. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of NexGen Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., NexGen Energy's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Assets

Total assets refers to the total amount of NexGen Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NexGen Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 19th 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 Income	910K	2.8M	6.0M	4.9M
Minority Interest	7.9M	3.7M	10.6M	13.6M

Interest Income Minority Interest

NexGen Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Gross	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Other Stockholder Equity	Short Long Term Debt
Total Assets		0.96	0.97	0.98	-0.3	-0.85	0.96	0.68	0.93	0.88	0.75	0.88	0.61	0.97	0.95	0.96	0.57	0.94	0.82	0.96	0.99	-0.57	0.59	0.59	0.09	0.83
Other Current Liab	0.96		0.98	0.94	-0.3	-0.89	0.89	0.61	0.95	0.84	0.71	0.84	0.55	0.89	0.95	0.96	0.49	0.93	0.84	0.99	0.97	-0.51	0.51	0.52	-0.04	0.78
Total Current Liabilities	0.97	0.98		0.97	-0.3	-0.81	0.9	0.52	0.92	0.78	0.63	0.94	0.5	0.9	0.92	0.91	0.43	0.9	0.76	0.98	0.98	-0.46	0.48	0.47	-0.13	0.71
Total Stockholder Equity	0.98	0.94	0.97		-0.46	-0.81	0.94	0.6	0.94	0.78	0.64	0.92	0.43	0.94	0.95	0.9	0.55	0.95	0.75	0.95	0.97	-0.48	0.41	0.41	-0.05	0.71
Net Debt	-0.3	-0.3	-0.3	-0.46		0.34	-0.41	-0.37	-0.44	-0.07	-0.09	-0.3	0.37	-0.41	-0.47	-0.22	-0.46	-0.55	-0.16	-0.33	-0.25	0.0	0.39	0.38	0.19	-0.03
Retained Earnings	-0.85	-0.89	-0.81	-0.81	0.34		-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	-0.85	0.55	-0.5	-0.53	-0.26	-0.8
Cash	0.96	0.89	0.9	0.94	-0.41	-0.8		0.77	0.87	0.85	0.72	0.82	0.6	0.99	0.92	0.89	0.59	0.91	0.76	0.88	0.92	-0.56	0.58	0.59	0.15	0.83
Cash And Short Term Investments	0.68	0.61	0.52	0.6	-0.37	-0.76	0.77		0.67	0.8	0.85	0.32	0.68	0.78	0.73	0.72	0.74	0.74	0.8	0.6	0.6	-0.66	0.59	0.63	0.51	0.81
Net Receivables	0.93	0.95	0.92	0.94	-0.44	-0.87	0.87	0.67		0.81	0.72	0.8	0.44	0.9	0.96	0.92	0.56	0.96	0.81	0.95	0.93	-0.54	0.39	0.41	-0.05	0.74
Common Stock Total Equity	0.88	0.84	0.78	0.78	-0.07	-0.86	0.85	0.8	0.81		0.93	0.59	0.81	0.85	0.86	0.94	0.64	0.82	0.9	0.82	0.86	-0.8	0.81	0.82	0.44	0.98
Common Stock Shares Outstanding	0.75	0.71	0.63	0.64	-0.09	-0.78	0.72	0.85	0.72	0.93		0.4	0.79	0.73	0.75	0.84	0.64	0.73	0.91	0.69	0.71	-0.84	0.75	0.77	0.51	0.92
Other Current Assets	0.88	0.84	0.94	0.92	-0.3	-0.58	0.82	0.32	0.8	0.59	0.4		0.33	0.83	0.78	0.74	0.26	0.77	0.54	0.85	0.9	-0.28	0.35	0.33	-0.29	0.52
Total Liab	0.61	0.55	0.5	0.43	0.37	-0.58	0.6	0.68	0.44	0.81	0.79	0.33		0.59	0.49	0.68	0.36	0.43	0.75	0.51	0.59	-0.63	0.94	0.96	0.52	0.85
Total Current Assets	0.97	0.89	0.9	0.94	-0.41	-0.8	0.99	0.78	0.9	0.85	0.73	0.83	0.59		0.92	0.89	0.59	0.92	0.76	0.88	0.92	-0.58	0.57	0.58	0.14	0.82
Common Stock	0.95	0.95	0.92	0.95	-0.47	-0.95	0.92	0.73	0.96	0.86	0.75	0.78	0.49	0.92		0.96	0.71	0.99	0.86	0.96	0.94	-0.55	0.45	0.46	0.11	0.78
Property Plant And Equipment Gross	0.96	0.96	0.91	0.9	-0.22	-0.94	0.89	0.72	0.92	0.94	0.84	0.74	0.68	0.89	0.96		0.65	0.93	0.93	0.95	0.96	-0.63	0.63	0.65	0.23	0.89
Other Liab	0.57	0.49	0.43	0.55	-0.46	-0.77	0.59	0.74	0.56	0.64	0.64	0.26	0.36	0.59	0.71	0.65		0.71	0.7	0.53	0.54	-0.44	0.28	0.32	0.61	0.59
Net Tangible Assets	0.94	0.93	0.9	0.95	-0.55	-0.92	0.91	0.74	0.96	0.82	0.73	0.77	0.43	0.92	0.99	0.93	0.71		0.84	0.94	0.92	-0.53	0.38	0.4	0.1	0.76
Property Plant And Equipment Net	0.82	0.84	0.76	0.75	-0.16	-0.92	0.76	0.8	0.81	0.9	0.91	0.54	0.75	0.76	0.86	0.93	0.7	0.84		0.84	0.83	-0.63	0.64	0.68	0.35	0.87
Accounts Payable	0.96	0.99	0.98	0.95	-0.33	-0.91	0.88	0.6	0.95	0.82	0.69	0.85	0.51	0.88	0.96	0.95	0.53	0.94	0.84		0.97	-0.49	0.47	0.48	-0.05	0.75
Non Current Assets Total	0.99	0.97	0.98	0.97	-0.25	-0.85	0.92	0.6	0.93	0.86	0.71	0.9	0.59	0.92	0.94	0.96	0.54	0.92	0.83	0.97		-0.53	0.56	0.57	0.04	0.8
Non Currrent Assets Other	-0.57	-0.51	-0.46	-0.48	0.0	0.55	-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
Long Term Debt	0.59	0.51	0.48	0.41	0.39	-0.5	0.58	0.59	0.39	0.81	0.75	0.35	0.94	0.57	0.45	0.63	0.28	0.38	0.64	0.47	0.56	-0.77		0.97	0.48	0.82
Non Current Liabilities Total	0.59	0.52	0.47	0.41	0.38	-0.53	0.59	0.63	0.41	0.82	0.77	0.33	0.96	0.58	0.46	0.65	0.32	0.4	0.68	0.48	0.57	-0.69	0.97		0.52	0.86
Other Stockholder Equity	0.09	-0.04	-0.13	-0.05	0.19	-0.26	0.15	0.51	-0.05	0.44	0.51	-0.29	0.52	0.14	0.11	0.23	0.61	0.1	0.35	-0.05	0.04	-0.44	0.48	0.52		0.49
Short Long Term Debt	0.83	0.78	0.71	0.71	-0.03	-0.8	0.83	0.81	0.74	0.98	0.92	0.52	0.85	0.82	0.78	0.89	0.59	0.76	0.87	0.75	0.8	-0.76	0.82	0.86	0.49

Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	313.5M	357.4M	546.6M	554.6M	1.0B	1.1B
Other Current Liab	4.2M	6.5M	7.5M	15.8M	18.2M	19.1M
Total Current Liabilities	4.8M	7.3M	8.2M	16.6M	27.9M	29.3M
Total Stockholder Equity	164.7M	94.3M	433.6M	417.9M	820.0M	861.0M
Net Debt	70.1M	156.9M	(126.6M)	(52.0M)	(46.8M)	(44.4M)
Retained Earnings	(103.4M)	(212.3M)	(333.0M)	(389.9M)	(304.0M)	(288.8M)
Cash	52.1M	74.0M	201.8M	134.4M	290.7M	305.3M
Cash And Short Term Investments	52.1M	74.0M	211.1M	140.2M	161.3M	82.8M
Net Receivables	610.1K	304.6K	1.2M	1.8M	1.9M	2.0M
Common Stock Total Equity	196.3M	208.7M	218.8M	256.0M	294.3M	309.1M
Common Stock Shares Outstanding	413.4M	402.7M	370.5M	459.3M	525.3M	315.4M
Liabilities And Stockholders Equity	313.5M	357.4M	546.6M	554.6M	637.7M	669.6M
Other Current Assets	734.3K	679.7K	1.0M	2.2M	13.8M	14.5M
Total Liab	127.2M	238.1M	85.2M	99.1M	187.4M	96.0M
Total Current Assets	53.5M	75.0M	213.3M	144.2M	307.0M	322.3M
Common Stock	218.8M	256.0M	695.9M	712.6M	819.5M	860.5M
Property Plant And Equipment Gross	260.0M	282.3M	342.9M	421.9M	469.9M	493.4M
Accumulated Other Comprehensive Income	49.3M	50.6M	70.7M	95.1M	109.4M	114.9M
Other Liab	725.1K	711.6K	2.5M	867K	997.1K	732.7K
Net Tangible Assets	161.6M	94.0M	433.3M	417.7M	480.4M	504.4M
Property Plant And Equipment Net	260.0M	282.3M	333.2M	410.3M	456.8M	235.4M
Accounts Payable	3.2M	5.7M	7.4M	13.7M	15.7M	16.5M
Non Current Assets Total	260.1M	282.4M	333.2M	410.4M	700.5M	735.5M
Non Currrent Assets Other	514.7K	95.8K	85.4K	76K	68.4K	65.0K
Long Term Debt	119.6M	226.9M	72.0M	80.0M	158.5M	126.9M
Non Current Liabilities Total	122.4M	230.8M	77.0M	82.6M	159.5M	116.1M
Other Stockholder Equity	46.6M	50.6M	70.7M	460K	529K	502.6K
Short Term Debt	559.0K	777.6K	706K	775K	697.5K	662.6K
Property Plant Equipment	259.7M	282.1M	332.9M	410.3M	471.8M	495.4M
Short Long Term Debt Total	122.2M	230.9M	75.2M	82.5M	94.9M	122.7M
Other Assets	514.7K	95.8K	85.4K	76K	87.4K	126.7K
Long Term Debt Total	121.7M	230.1M	74.5M	81.7M	73.5M	101.5M
Net Invested Capital	284.3M	321.1M	505.6M	497.9M	978.5M	502.6M
Net Working Capital	48.7M	67.7M	205.1M	127.6M	279.1M	158.7M
Capital Stock	218.8M	256.0M	695.9M	712.6M	1.0B	568.5M

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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:

How To Invest In NexGen

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Is NexGen Stock a good investment?

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What is NexGen Energy's Net Worth?

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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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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.

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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.

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NexGen Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

NexGen Energy fundamental ratios Correlations

NexGen Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NexGen Energy fundamental ratios Accounts

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

Complementary Tools for NexGen Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Cash
Net Tangible Assets	+ 0.99	Common Stock
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab

Common Stock	- 0.95	Retained Earnings
Property Plant And Equipment Gross	- 0.94	Retained Earnings
Property Plant And Equipment Net	- 0.92	Retained Earnings
Net Tangible Assets	- 0.92	Retained Earnings
Accounts Payable	- 0.91	Retained Earnings
Retained Earnings	- 0.89	Other Current Liab