Nexxen Capital Lease Obligations from 2010 to 2025

NEXN Stock   9.89  0.01  0.10%   
Nexxen International Capital Lease Obligations yearly trend continues to be very stable with very little volatility. Capital Lease Obligations is likely to drop to about 28.2 M. Capital Lease Obligations is the total obligations of Nexxen International under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
42.6 M
Current Value
28.2 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexxen International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexxen International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.5 M, Interest Expense of 12.3 M or Total Revenue of 340.3 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0063 or PTB Ratio of 0.72. Nexxen financial statements analysis is a perfect complement when working with Nexxen International Valuation or Volatility modules.
  
Check out the analysis of Nexxen International Correlation against competitors.
To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.

Latest Nexxen International's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Nexxen International over the last few years. Nexxen International capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Nexxen International asset purchases. For example, Nexxen International can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Nexxen International control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Nexxen International's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexxen International's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Nexxen Capital Lease Obligations Regression Statistics

Arithmetic Mean24,095,561
Geometric Mean23,321,568
Coefficient Of Variation28.96
Mean Deviation5,106,591
Median21,209,000
Standard Deviation6,977,094
Sample Variance48.7T
Range27.6M
R-Value0.59
Mean Square Error34T
R-Squared0.35
Significance0.02
Slope863,945
Total Sum of Squares730.2T

Nexxen Capital Lease Obligations History

202528.2 M
202442.6 M
202337.1 M
202229.3 M
202115 M

About Nexxen International Financial Statements

Nexxen International investors utilize fundamental indicators, such as Capital Lease Obligations, to predict how Nexxen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Lease Obligations42.6 M28.2 M

Pair Trading with Nexxen International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexxen International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexxen International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nexxen Stock

  0.8SE SeaPairCorr
  0.8DIS Walt DisneyPairCorr

Moving against Nexxen Stock

  0.81TV Grupo Televisa SABPairCorr
  0.8TOON Kartoon Studios,PairCorr
  0.62CMCSA Comcast Corp Earnings Call TodayPairCorr
  0.6SPHR Sphere EntertainmentPairCorr
  0.58IAS Integral Ad SciencePairCorr
The ability to find closely correlated positions to Nexxen International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexxen International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexxen International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexxen International to buy it.
The correlation of Nexxen International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexxen International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexxen International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexxen International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Nexxen International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexxen International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexxen International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexxen International Stock:
Check out the analysis of Nexxen International Correlation against competitors.
To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Advertising space 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 Nexxen International. If investors know Nexxen 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 Nexxen International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
0.18
Revenue Per Share
4.754
Quarterly Revenue Growth
0.051
Return On Assets
0.0059
The market value of Nexxen International is measured differently than its book value, which is the value of Nexxen that is recorded on the company's balance sheet. Investors also form their own opinion of Nexxen International's value that differs from its market value or its book value, called intrinsic value, which is Nexxen International'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 Nexxen International's market value can be influenced by many factors that don't directly affect Nexxen International'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 Nexxen International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexxen International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexxen International'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.