Nexgen Energy Stock Debt To Equity
| NXE Stock | CAD 7.06 0.15 2.08% |
NexGen Energy fundamentals help investors to digest information that contributes to NexGen Energy's financial success or failures. It also enables traders to predict the movement of NexGen Stock. The fundamental analysis module provides a way to measure NexGen Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NexGen Energy stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.39 | 0.50 |
NexGen | Debt To Equity |
NexGen Energy Company Debt To Equity Analysis
NexGen Energy's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current NexGen Energy Debt To Equity | 0.87 % |
Most of NexGen Energy's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NexGen Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NexGen Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for NexGen Energy is extremely important. It helps to project a fair market value of NexGen Stock properly, considering its historical fundamentals such as Debt To Equity. Since NexGen Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NexGen Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NexGen Energy's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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NexGen Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, NexGen Energy has a Debt To Equity of 0.867%. This is 98.82% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The debt to equity for all Canada stocks is 98.22% higher than that of the company.
NexGen Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NexGen Energy's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NexGen Energy could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics of similar companies.NexGen Energy is currently under evaluation in debt to equity category among its peers.
NexGen Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of NexGen Energy from analyzing NexGen Energy's financial statements. These drivers represent accounts that assess NexGen Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NexGen Energy's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 592.2M | 1.3B | 2.5B | 2.9B | 2.6B | 2.7B | |
| Enterprise Value | 662.3M | 1.5B | 2.4B | 2.8B | 2.5B | 2.7B |
NexGen Fundamentals
| Return On Equity | -0.0776 | ||||
| Return On Asset | -0.0367 | ||||
| Current Valuation | 4.08 B | ||||
| Shares Outstanding | 569.09 M | ||||
| Shares Owned By Insiders | 8.00 % | ||||
| Shares Owned By Institutions | 52.00 % | ||||
| Number Of Shares Shorted | 12.11 M | ||||
| Price To Earning | 416.00 X | ||||
| Price To Book | 3.48 X | ||||
| EBITDA | (76.78 M) | ||||
| Net Income | (77.56 M) | ||||
| Cash And Equivalents | 75.8 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 455.78 M | ||||
| Debt To Equity | 0.87 % | ||||
| Current Ratio | 21.34 X | ||||
| Book Value Per Share | 2.07 X | ||||
| Cash Flow From Operations | (24.09 M) | ||||
| Short Ratio | 6.85 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Target Price | 13.53 | ||||
| Number Of Employees | 133 | ||||
| Beta | 1.83 | ||||
| Market Capitalization | 4.1 B | ||||
| Total Asset | 1.66 B | ||||
| Retained Earnings | (381.56 M) | ||||
| Working Capital | 15.07 M | ||||
| Current Asset | 122.07 M | ||||
| Current Liabilities | 6.33 M | ||||
| Net Asset | 1.66 B |
About NexGen Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NexGen Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NexGen Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NexGen Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 closely tied 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.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.