NexGen Historical Income Statement

NXE Stock  CAD 11.32  0.01  0.09%   
Historical analysis of NexGen Energy income statement accounts such as Other Operating Expenses of 87.1 M can show how well NexGen Energy performed in making a profits. Evaluating NexGen Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NexGen Energy's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining NexGen Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NexGen Energy is a good buy for the upcoming year.
  
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.

About NexGen Income Statement Analysis

NexGen Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NexGen Energy shareholders. The income statement also shows NexGen investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NexGen Energy Income Statement Chart

At this time, NexGen Energy's Minority Interest is very stable compared to the past year. As of the 11th of December 2024, Reconciled Depreciation is likely to grow to about 2 M, while Depreciation And Amortization is likely to drop about 1.3 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NexGen Energy. It is also known as NexGen Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from NexGen Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 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.At this time, NexGen Energy's Minority Interest is very stable compared to the past year. As of the 11th of December 2024, Reconciled Depreciation is likely to grow to about 2 M, while Depreciation And Amortization is likely to drop about 1.3 M.
 2021 2022 2023 2024 (projected)
Interest Income910K2.8M6.0M4.9M
Minority Interest7.9M3.7M10.6M13.6M

NexGen Energy income statement Correlations

0.780.810.66-0.69-0.65-0.640.66-0.36-0.04-0.32-0.2-0.98-0.341.00.550.54-0.080.10.95-0.18
0.780.390.33-0.39-0.32-0.310.33-0.23-0.06-0.21-0.17-0.77-0.220.780.850.720.01-0.390.69-0.1
0.810.390.76-0.7-0.69-0.680.76-0.370.03-0.33-0.25-0.8-0.350.81-0.020.35-0.310.510.73-0.17
0.660.330.76-0.71-0.73-0.721.00.20.60.25-0.34-0.740.220.680.030.4-0.680.720.7-0.76
-0.69-0.39-0.7-0.710.990.99-0.710.420.030.370.20.720.41-0.69-0.140.00.17-0.33-0.690.38
-0.65-0.32-0.69-0.730.991.0-0.730.37-0.020.320.160.680.36-0.66-0.090.030.2-0.4-0.660.42
-0.64-0.31-0.68-0.720.991.0-0.720.37-0.020.320.160.670.36-0.65-0.080.040.2-0.4-0.650.42
0.660.330.761.0-0.71-0.73-0.720.20.60.25-0.34-0.740.220.680.030.4-0.680.720.7-0.76
-0.36-0.23-0.370.20.420.370.370.20.91.0-0.150.271.0-0.34-0.120.23-0.620.36-0.24-0.62
-0.04-0.060.030.60.03-0.02-0.020.60.90.92-0.28-0.070.91-0.02-0.140.34-0.840.620.06-0.84
-0.32-0.21-0.330.250.370.320.320.251.00.92-0.160.231.0-0.3-0.120.24-0.650.39-0.2-0.66
-0.2-0.17-0.25-0.340.20.160.16-0.34-0.15-0.28-0.160.26-0.15-0.24-0.01-0.230.34-0.23-0.190.27
-0.98-0.77-0.8-0.740.720.680.67-0.740.27-0.070.230.260.25-0.99-0.54-0.550.16-0.17-0.970.33
-0.34-0.22-0.350.220.410.360.360.221.00.911.0-0.150.25-0.32-0.120.24-0.640.38-0.23-0.63
1.00.780.810.68-0.69-0.66-0.650.68-0.34-0.02-0.3-0.24-0.99-0.320.550.54-0.090.110.95-0.21
0.550.85-0.020.03-0.14-0.09-0.080.03-0.12-0.14-0.12-0.01-0.54-0.120.550.480.27-0.620.57-0.05
0.540.720.350.40.00.030.040.40.230.340.24-0.23-0.550.240.540.48-0.29-0.060.43-0.23
-0.080.01-0.31-0.680.170.20.2-0.68-0.62-0.84-0.650.340.16-0.64-0.090.27-0.29-0.68-0.10.71
0.1-0.390.510.72-0.33-0.4-0.40.720.360.620.39-0.23-0.170.380.11-0.62-0.06-0.680.18-0.59
0.950.690.730.7-0.69-0.66-0.650.7-0.240.06-0.2-0.19-0.97-0.230.950.570.43-0.10.18-0.34
-0.18-0.1-0.17-0.760.380.420.42-0.76-0.62-0.84-0.660.270.33-0.63-0.21-0.05-0.230.71-0.59-0.34
Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.4M2.3M2.1M1.8M1.8M1.3M
Interest Expense12.0M13.6M4.0M2.4M6.3M5.8M
Selling General Administrative23.2M21.3M49.0M58.0M33.1M23.1M
Other Operating Expenses25.6M23.6M51.2M59.8M82.9M87.1M
Operating Income(1.9M)(113.8M)(125.4M)(59.9M)(82.9M)(78.8M)
Ebit(3.6M)(100.2M)(121.8M)(59.9M)(85.5M)(81.2M)
Ebitda(1.2M)(97.9M)(119.7M)(58.0M)(83.7M)(79.5M)
Total Operating Expenses25.6M23.6M51.2M59.8M82.9M87.1M
Income Before Tax(15.6M)(113.8M)(125.8M)(61.3M)67.8M71.2M
Total Other Income Expense Net(13.7M)(92.5M)(76.8M)(1.5M)150.8M158.3M
Net Income(16.5M)(114.5M)(126.9M)(60.3M)80.8M84.9M
Income Tax Expense932.3K702.3K1.1M(1.0M)(1.4M)(1.3M)
Gross Profit(2.4M)(2.3M)(2.1M)(1.8M)(1.8M)(1.9M)
Net Income From Continuing Ops(16.5M)(114.5M)(126.9M)(60.3M)70.2M73.7M
Cost Of Revenue2.4M2.3M2.1M1.8M1.8M1.4M
Net Income Applicable To Common Shares(15.5M)(109.8M)(119.1M)(56.6M)(50.9M)(53.5M)
Minority Interest24.5M25.0M7.9M3.7M10.6M13.6M
Interest Income10.2M410.5K910K2.8M6.0M4.9M
Tax Provision932.3K702.3K1.1M(1.0M)(1.4M)(1.3M)
Net Interest Income(10.2M)(13.2M)(3.1M)401K(221K)(232.1K)
Reconciled Depreciation2.4M2.3M2.1M1.8M1.8M2.0M

Pair Trading with NexGen Energy

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 NexGen Energy 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 NexGen Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with NexGen Stock

  0.94ENB-PFV Enbridge Pref 5PairCorr
  0.64ENB-PFC Enbridge Pref 11PairCorr
  0.91ENS E Split CorpPairCorr
  0.84ENS-PA E Split CorpPairCorr

Moving against NexGen Stock

  0.76MFC-PC Manulife Finl SrsPairCorr
  0.64SLF-PD Sun Life FinancialPairCorr
  0.63SAGE Sage Potash CorpPairCorr
  0.6SLF-PC Sun Life FinancialPairCorr
  0.42SLF-PG Sun Life NonPairCorr
The ability to find closely correlated positions to NexGen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGen Energy 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 NexGen Energy - 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 NexGen Energy to buy it.
The correlation of NexGen Energy 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 NexGen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGen Energy 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 NexGen Energy 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 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.