Nexxen Net Invested Capital vs Short Term Debt Analysis

NEXN Stock

10.74 0.35 3.37%

Nexxen International financial indicator trend analysis is infinitely more than just investigating Nexxen International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexxen International is a good investment. Please check the relationship between Nexxen International Net Invested Capital and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexxen International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.

Net Invested Capital vs Short Term Debt

Net Invested Capital vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexxen International Net Invested Capital account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nexxen International's Net Invested Capital and Short Term Debt is 0.7. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Nexxen International, assuming nothing else is changed. The correlation between historical values of Nexxen International's Net Invested Capital and Short Term 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 Net Invested Capital of Nexxen International are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Invested Capital i.e., Nexxen International's Net Invested Capital and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Debt

Most indicators from Nexxen International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexxen International 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 Nexxen International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.As of the 7th of January 2025, Tax Provision is likely to grow to about 3.2 M, while Selling General Administrative is likely to drop about 10.4 M.

	2022	2023	2024	2025 (projected)
Interest Expense	4.6M	10.2M	11.7M	12.3M
Depreciation And Amortization	42.7M	78.3M	90.0M	52.5M

Interest Expense Depreciation And Amortization

Nexxen International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Capital Lease Obligations	Net Invested Capital
Total Assets		0.86	0.6	0.97	0.98	0.85	0.31	-0.45	0.99	0.99	0.88	0.91	-0.91	0.88	0.98	0.95	0.95	0.82	0.19	0.98	0.98	0.96	0.7	0.94	0.76	0.99
Short Long Term Debt Total	0.86		0.42	0.81	0.79	0.91	0.17	-0.02	0.82	0.84	0.6	0.93	-0.8	0.6	0.87	0.93	0.79	1.0	-0.09	0.78	0.9	0.72	0.86	0.79	0.88	0.88
Other Current Liab	0.6	0.42		0.76	0.59	0.29	0.8	-0.45	0.61	0.71	0.58	0.44	-0.41	0.58	0.67	0.47	0.73	0.37	0.86	0.57	0.6	0.65	0.29	0.58	0.12	0.54
Total Current Liabilities	0.97	0.81	0.76		0.95	0.78	0.5	-0.47	0.96	1.0	0.86	0.86	-0.82	0.86	0.99	0.91	0.98	0.77	0.39	0.94	0.96	0.95	0.65	0.92	0.67	0.94
Total Stockholder Equity	0.98	0.79	0.59	0.95		0.76	0.23	-0.59	0.99	0.96	0.95	0.83	-0.92	0.95	0.95	0.89	0.95	0.75	0.2	1.0	0.93	0.99	0.58	0.97	0.67	0.99
Property Plant And Equipment Net	0.85	0.91	0.29	0.78	0.76		0.23	0.06	0.8	0.81	0.52	0.99	-0.79	0.52	0.85	0.96	0.7	0.91	-0.16	0.74	0.92	0.66	0.95	0.7	0.96	0.85
Current Deferred Revenue	0.31	0.17	0.8	0.5	0.23	0.23		-0.04	0.29	0.45	0.14	0.33	-0.07	0.14	0.44	0.3	0.39	0.13	0.81	0.2	0.41	0.27	0.31	0.19	0.07	0.21
Net Debt	-0.45	-0.02	-0.45	-0.47	-0.59	0.06	-0.04		-0.52	-0.45	-0.81	-0.05	0.45	-0.81	-0.37	-0.17	-0.53	0.05	-0.47	-0.61	-0.27	-0.68	0.29	-0.56	0.16	-0.45
Retained Earnings	0.99	0.82	0.61	0.96	0.99	0.8	0.29	-0.52		0.97	0.91	0.88	-0.95	0.91	0.95	0.91	0.93	0.78	0.23	0.98	0.95	0.97	0.66	0.93	0.69	0.99
Accounts Payable	0.99	0.84	0.71	1.0	0.96	0.81	0.45	-0.45	0.97		0.86	0.89	-0.85	0.86	0.99	0.93	0.97	0.79	0.32	0.95	0.98	0.95	0.68	0.93	0.71	0.96
Cash	0.88	0.6	0.58	0.86	0.95	0.52	0.14	-0.81	0.91	0.86		0.62	-0.84	1.0	0.82	0.71	0.89	0.54	0.3	0.96	0.77	0.98	0.3	0.92	0.43	0.89
Non Current Assets Total	0.91	0.93	0.44	0.86	0.83	0.99	0.33	-0.05	0.88	0.89	0.62		-0.84	0.62	0.92	0.99	0.8	0.92	-0.01	0.81	0.97	0.76	0.93	0.78	0.92	0.9
Non Currrent Assets Other	-0.91	-0.8	-0.41	-0.82	-0.92	-0.79	-0.07	0.45	-0.95	-0.85	-0.84	-0.84		-0.84	-0.83	-0.85	-0.78	-0.78	-0.02	-0.91	-0.86	-0.87	-0.67	-0.82	-0.67	-0.94
Cash And Short Term Investments	0.88	0.6	0.58	0.86	0.95	0.52	0.14	-0.81	0.91	0.86	1.0	0.62	-0.84		0.82	0.71	0.89	0.54	0.3	0.96	0.77	0.98	0.3	0.92	0.43	0.89
Net Receivables	0.98	0.87	0.67	0.99	0.95	0.85	0.44	-0.37	0.95	0.99	0.82	0.92	-0.83	0.82		0.96	0.96	0.83	0.25	0.94	0.99	0.92	0.73	0.93	0.77	0.96
Good Will	0.95	0.93	0.47	0.91	0.89	0.96	0.3	-0.17	0.91	0.93	0.71	0.99	-0.85	0.71	0.96		0.87	0.91	0.01	0.88	0.99	0.83	0.86	0.86	0.91	0.94
Common Stock Shares Outstanding	0.95	0.79	0.73	0.98	0.95	0.7	0.39	-0.53	0.93	0.97	0.89	0.8	-0.78	0.89	0.96	0.87		0.74	0.35	0.95	0.91	0.96	0.56	0.97	0.63	0.93
Non Current Liabilities Total	0.82	1.0	0.37	0.77	0.75	0.91	0.13	0.05	0.78	0.79	0.54	0.92	-0.78	0.54	0.83	0.91	0.74		-0.15	0.73	0.87	0.67	0.88	0.74	0.89	0.85
Other Current Assets	0.19	-0.09	0.86	0.39	0.2	-0.16	0.81	-0.47	0.23	0.32	0.3	-0.01	-0.02	0.3	0.25	0.01	0.35	-0.15		0.19	0.17	0.31	-0.14	0.17	-0.35	0.11
Other Stockholder Equity	0.98	0.78	0.57	0.94	1.0	0.74	0.2	-0.61	0.98	0.95	0.96	0.81	-0.91	0.96	0.94	0.88	0.95	0.73	0.19		0.91	0.99	0.55	0.97	0.66	0.98
Total Liab	0.98	0.9	0.6	0.96	0.93	0.92	0.41	-0.27	0.95	0.98	0.77	0.97	-0.86	0.77	0.99	0.99	0.91	0.87	0.17	0.91		0.88	0.82	0.88	0.83	0.96
Total Current Assets	0.96	0.72	0.65	0.95	0.99	0.66	0.27	-0.68	0.97	0.95	0.98	0.76	-0.87	0.98	0.92	0.83	0.96	0.67	0.31	0.99	0.88		0.47	0.96	0.57	0.95
Short Term Debt	0.7	0.86	0.29	0.65	0.58	0.95	0.31	0.29	0.66	0.68	0.3	0.93	-0.67	0.3	0.73	0.86	0.56	0.88	-0.14	0.55	0.82	0.47		0.53	0.89	0.7
Common Stock	0.94	0.79	0.58	0.92	0.97	0.7	0.19	-0.56	0.93	0.93	0.92	0.78	-0.82	0.92	0.93	0.86	0.97	0.74	0.17	0.97	0.88	0.96	0.53		0.66	0.95
Capital Lease Obligations	0.76	0.88	0.12	0.67	0.67	0.96	0.07	0.16	0.69	0.71	0.43	0.92	-0.67	0.43	0.77	0.91	0.63	0.89	-0.35	0.66	0.83	0.57	0.89	0.66		0.77
Net Invested Capital	0.99	0.88	0.54	0.94	0.99	0.85	0.21	-0.45	0.99	0.96	0.89	0.9	-0.94	0.89	0.96	0.94	0.93	0.85	0.11	0.98	0.96	0.95	0.7	0.95	0.77

Click cells to compare fundamentals

Nexxen International Account Relationship Matchups

Nexxen International fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	535.0M	802.7M	956.2M	904.8M	1.0B	801.1M
Short Long Term Debt Total	21.2M	15.0M	127.9M	136.1M	156.6M	164.4M
Other Current Liab	33.7M	31.5M	39.2M	20.7M	23.8M	32.0M
Total Current Liabilities	185.2M	220.7M	280.6M	229.4M	263.9M	225.5M
Total Stockholder Equity	329.0M	572.4M	551.6M	543.5M	625.1M	505.4M
Property Plant And Equipment Net	21.9M	17.4M	53.0M	53.3M	61.3M	37.4M
Current Deferred Revenue	47.4M	11.4M	52.4M	8.4M	9.6M	9.1M
Net Debt	(76.3M)	(352.7M)	(89.6M)	(98.2M)	(88.4M)	(92.8M)
Retained Earnings	60.5M	133.8M	156.5M	135.0M	155.3M	119.8M
Accounts Payable	125.9M	161.8M	212.7M	183.3M	210.8M	165.9M
Cash	97.5M	367.7M	217.5M	234.3M	269.5M	219.1M
Non Current Assets Total	264.4M	250.7M	494.7M	453.2M	521.2M	377.6M
Non Currrent Assets Other	1.8M	672K	406K	525K	472.5K	763.0K
Cash And Short Term Investments	97.5M	367.7M	217.5M	234.3M	269.5M	219.1M
Net Receivables	159.1M	171.2M	229.6M	212.3M	244.1M	192.5M
Good Will	152.9M	156.7M	245.7M	246.4M	283.3M	205.8M
Common Stock Shares Outstanding	69.4M	76.4M	76.5M	71.8M	82.6M	77.3M
Liabilities And Stockholders Equity	535.0M	802.7M	956.2M	904.8M	1.0B	801.1M
Non Current Liabilities Total	20.8M	9.7M	124.0M	131.8M	151.6M	159.2M
Other Current Assets	14.1M	13.1M	14.4M	5.0M	4.5M	8.6M
Other Stockholder Equity	264.8M	437.5M	400.5M	408.1M	469.3M	385.4M
Total Liab	206.0M	230.4M	404.5M	361.3M	415.4M	295.7M
Total Current Assets	270.7M	552.0M	461.5M	451.6M	519.3M	423.5M
Accumulated Other Comprehensive Income	3.3M	698K	(5.8M)	(2.4M)	(2.2M)	(2.1M)
Short Term Debt	9.0M	7.1M	14.1M	12.1M	13.9M	11.4M
Common Stock	380K	442K	413K	417K	479.6K	440.7K

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

0.86

Sea

Pair Corr

Moving against Nexxen Stock

0.91	QMMM	QMMM Holdings Limited	Pair Corr
0.78	ABLVW	Able View Global	Pair Corr
0.77	FLNT	Fluent Inc	Pair Corr
0.76	MSGE	Madison Square Garden	Pair Corr
0.61	KUKE	Kuke Music Holding	Pair Corr

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 Correlation Correlation 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:

How To Invest In Nexxen

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Is Nexxen Stock a good investment?

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What is Nexxen International's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexxen International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

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Nexxen Net Invested Capital vs Short Term Debt Analysis

Net Invested Capital vs Short Term Debt

Net Invested Capital vs Short Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Debt

Nexxen International fundamental ratios Correlations

Nexxen International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nexxen International fundamental ratios Accounts

Pair Trading with Nexxen International

Moving together with Nexxen Stock

Moving against Nexxen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.95	Retained Earnings
Net Invested Capital	- 0.94	Non Currrent Assets Other
Non Currrent Assets Other	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.91	Non Currrent Assets Other
Non Currrent Assets Other	- 0.91	Total Assets
Total Current Assets	- 0.87	Non Currrent Assets Other