NXG Short Long Term Debt Total vs Non Current Liabilities Total Analysis

NXG Stock  USD 41.82  0.09  0.22%   
NXG NextGen financial indicator trend analysis is infinitely more than just investigating NXG NextGen Infrastr recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NXG NextGen Infrastr is a good investment. Please check the relationship between NXG NextGen Short Long Term Debt Total and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Short Long Term Debt Total vs Non Current Liabilities Total

Short Long Term Debt Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NXG NextGen Infrastr Short Long Term Debt Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NXG NextGen's Short Long Term Debt Total and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of NXG NextGen Infrastructure, assuming nothing else is changed. The correlation between historical values of NXG NextGen's Short Long Term Debt Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of NXG NextGen Infrastructure are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Long Term Debt Total i.e., NXG NextGen's Short Long Term Debt Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Non Current Liabilities Total

Most indicators from NXG NextGen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NXG NextGen Infrastr 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 NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
The NXG NextGen's current Enterprise Value is estimated to increase to about 160.3 M, while Selling General Administrative is projected to decrease to roughly 729.4 K.

NXG NextGen fundamental ratios Correlations

0.9-0.540.550.360.76-0.20.550.99-0.80.630.460.660.760.590.80.46-0.340.590.390.38-0.730.88-0.57-0.830.68
0.9-0.760.740.050.94-0.310.740.88-0.670.650.50.620.940.480.950.5-0.520.640.460.46-0.790.77-0.64-0.850.59
-0.54-0.76-0.980.33-0.670.67-0.98-0.50.16-0.56-0.43-0.62-0.67-0.55-0.7-0.430.6-0.75-0.5-0.510.8-0.50.730.72-0.28
0.550.74-0.98-0.40.64-0.71.00.52-0.090.470.340.640.640.580.670.34-0.590.770.530.54-0.790.52-0.73-0.670.18
0.360.050.33-0.4-0.120.4-0.40.34-0.720.370.370.1-0.110.15-0.090.370.46-0.24-0.33-0.340.10.210.19-0.180.58
0.760.94-0.670.64-0.12-0.210.640.74-0.580.590.470.421.00.240.990.47-0.660.580.440.44-0.710.66-0.59-0.770.55
-0.2-0.310.67-0.70.4-0.21-0.7-0.22-0.150.00.17-0.8-0.21-0.77-0.260.170.55-0.82-0.71-0.720.65-0.080.80.310.15
0.550.74-0.981.0-0.40.64-0.70.52-0.090.470.340.640.640.580.670.34-0.590.770.530.54-0.790.52-0.73-0.670.18
0.990.88-0.50.520.340.74-0.220.52-0.790.530.340.690.740.610.780.34-0.340.60.460.45-0.720.87-0.58-0.790.63
-0.8-0.670.16-0.09-0.72-0.58-0.15-0.09-0.79-0.62-0.5-0.39-0.58-0.28-0.61-0.50.13-0.25-0.14-0.130.46-0.640.30.69-0.85
0.630.65-0.560.470.370.590.00.470.53-0.620.960.270.590.230.60.96-0.320.33-0.08-0.08-0.510.59-0.37-0.760.82
0.460.5-0.430.340.370.470.170.340.34-0.50.960.050.470.030.441.0-0.140.09-0.33-0.33-0.270.41-0.13-0.570.7
0.660.62-0.620.640.10.42-0.80.640.69-0.390.270.050.430.970.490.05-0.420.820.720.72-0.770.46-0.82-0.590.25
0.760.94-0.670.64-0.111.0-0.210.640.74-0.580.590.470.430.240.990.47-0.660.590.440.44-0.720.67-0.6-0.770.56
0.590.48-0.550.580.150.24-0.770.580.61-0.280.230.030.970.240.310.03-0.270.740.60.6-0.660.41-0.72-0.480.17
0.80.95-0.70.67-0.090.99-0.260.670.78-0.610.60.440.490.990.310.44-0.70.660.530.53-0.790.73-0.67-0.840.6
0.460.5-0.430.340.370.470.170.340.34-0.50.961.00.050.470.030.44-0.140.09-0.33-0.33-0.270.41-0.13-0.570.7
-0.34-0.520.6-0.590.46-0.660.55-0.59-0.340.13-0.32-0.14-0.42-0.66-0.27-0.7-0.14-0.83-0.72-0.720.8-0.440.850.64-0.37
0.590.64-0.750.77-0.240.58-0.820.770.6-0.250.330.090.820.590.740.660.09-0.830.830.83-0.940.57-0.99-0.730.34
0.390.46-0.50.53-0.330.44-0.710.530.46-0.14-0.08-0.330.720.440.60.53-0.33-0.720.831.0-0.790.42-0.84-0.520.13
0.380.46-0.510.54-0.340.44-0.720.540.45-0.13-0.08-0.330.720.440.60.53-0.33-0.720.831.0-0.790.41-0.84-0.520.12
-0.73-0.790.8-0.790.1-0.710.65-0.79-0.720.46-0.51-0.27-0.77-0.72-0.66-0.79-0.270.8-0.94-0.79-0.79-0.740.950.9-0.56
0.880.77-0.50.520.210.66-0.080.520.87-0.640.590.410.460.670.410.730.41-0.440.570.420.41-0.74-0.55-0.860.71
-0.57-0.640.73-0.730.19-0.590.8-0.73-0.580.3-0.37-0.13-0.82-0.6-0.72-0.67-0.130.85-0.99-0.84-0.840.95-0.550.75-0.4
-0.83-0.850.72-0.67-0.18-0.770.31-0.67-0.790.69-0.76-0.57-0.59-0.77-0.48-0.84-0.570.64-0.73-0.52-0.520.9-0.860.75-0.83
0.680.59-0.280.180.580.550.150.180.63-0.850.820.70.250.560.170.60.7-0.370.340.130.12-0.560.71-0.4-0.83
Click cells to compare fundamentals

NXG NextGen Account Relationship Matchups

NXG NextGen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets137.9M202.6M194.2M146.3M168.2M181.1M
Other Current Liab(17.9K)(6.9M)(14.2K)(5.6M)(5.0M)(4.8M)
Total Current Liabilities17.9K6.9M14.2K5.6M6.4M6.8M
Total Stockholder Equity119.3M138.5M142.4M103.7M93.3M103.9M
Net Debt18.3M56.4M41.0M36.8M42.3M34.2M
Retained Earnings(37.4M)(13.8M)(5.6M)(40.7M)(36.7M)(34.8M)
Accounts Payable17.9K6.9M14.2K5.6M6.4M6.8M
Non Current Assets Total137.4M188.7M193.4M145.9M167.8M177.9M
Non Currrent Assets Other(137.4M)(188.7M)(193.4M)(145.9M)(131.3M)(137.9M)
Other Assets56.5K2.8M401.0K83.0K95.4K90.6K
Net Receivables520.2K11.1M385.1K317.0K364.6K346.3K
Liabilities And Stockholders Equity137.9M202.6M194.2M146.3M168.2M181.1M
Non Current Liabilities Total18.3M56.4M41.4M36.8M42.3M34.3M
Other Stockholder Equity156.7M152.3M148.0M144.4M166.1M161.4M
Total Liab18.6M64.1M51.8M42.6M49.0M38.1M
Total Current Assets520.2K11.1M385.1K317.0K364.6K346.3K
Cash And Short Term Investments4.9M801.6K10.9M9.8M11.3M5.8M
Short Term Investments4.9M801.6K10.5M9.8M11.3M5.7M
Other Current Assets(5.4M)(11.9M)(11.3M)(10.1M)(9.1M)(9.6M)
Long Term Investments137.4M188.7M193.4M145.9M167.8M179.5M
Accumulated Other Comprehensive Income(37.4M)(13.8M)(5.6M)(40.7M)(36.7M)(34.8M)

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.