NexGen Intangible Assets vs Total Stockholder Equity Analysis

NXE Stock  USD 8.44  0.13  1.56%   
NexGen Energy financial indicator trend analysis is infinitely more than just investigating NexGen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGen Energy is a good investment. Please check the relationship between NexGen Energy Intangible Assets and its Total Stockholder Equity accounts. 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 interest.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NexGen Energy's Intangible Assets and Total Stockholder Equity is 0.13. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of NexGen Energy, assuming nothing else is changed. The correlation between historical values of NexGen Energy's Intangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of NexGen Energy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., NexGen Energy's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from NexGen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 interest.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.At present, NexGen Energy's Enterprise Value is projected to increase significantly based on the last few years of reporting.

NexGen Energy fundamental ratios Correlations

0.220.970.98-0.57-0.850.960.960.50.880.750.890.610.970.970.560.940.950.840.990.490.580.580.960.950.83
0.220.170.130.08-0.630.190.20.830.50.61-0.130.410.180.290.480.40.47-0.290.230.370.380.390.450.480.52
0.970.170.97-0.59-0.810.90.890.430.780.630.950.50.90.960.420.90.910.890.980.390.460.460.930.880.72
0.980.130.97-0.71-0.810.940.940.470.780.650.930.430.940.980.540.950.90.880.970.410.380.390.910.870.7
-0.570.08-0.59-0.710.46-0.64-0.63-0.31-0.26-0.21-0.630.19-0.64-0.68-0.42-0.67-0.42-0.61-0.53-0.090.240.24-0.45-0.41-0.17
-0.85-0.63-0.81-0.810.46-0.8-0.8-0.77-0.86-0.8-0.62-0.58-0.8-0.9-0.77-0.92-0.94-0.49-0.85-0.46-0.53-0.54-0.93-0.91-0.81
0.960.190.90.94-0.64-0.80.990.460.850.720.830.60.990.930.590.920.880.790.920.470.570.570.890.920.82
0.960.20.890.94-0.63-0.80.990.510.860.740.820.61.00.930.60.930.880.780.920.50.570.570.890.910.82
0.50.830.430.47-0.31-0.770.460.510.640.730.20.340.50.590.640.70.660.040.490.510.30.310.630.660.6
0.880.50.780.78-0.26-0.860.850.860.640.930.610.810.850.830.650.850.950.530.870.70.790.80.920.960.96
0.750.610.630.65-0.21-0.80.720.740.730.930.430.780.730.720.680.770.850.340.730.770.740.750.810.870.89
0.89-0.130.950.93-0.63-0.620.830.820.20.610.430.330.830.870.250.780.760.980.910.240.30.30.790.720.53
0.610.410.50.430.19-0.580.60.60.340.810.780.330.590.480.410.480.680.30.60.531.01.00.660.740.87
0.970.180.90.94-0.64-0.80.991.00.50.850.730.830.590.940.590.930.890.790.930.490.560.560.890.910.82
0.970.290.960.98-0.68-0.90.930.930.590.830.720.870.480.940.640.980.940.80.970.440.430.440.950.920.76
0.560.480.420.54-0.42-0.770.590.60.640.650.680.250.410.590.640.720.660.180.540.40.370.380.630.640.62
0.940.40.90.95-0.67-0.920.920.930.70.850.770.780.480.930.980.720.940.690.930.480.440.440.950.930.8
0.950.470.910.9-0.42-0.940.880.880.660.950.850.760.680.890.940.660.940.670.960.550.650.651.00.980.9
0.84-0.290.890.88-0.61-0.490.790.780.040.530.340.980.30.790.80.180.690.670.850.20.270.270.70.640.46
0.990.230.980.97-0.53-0.850.920.920.490.870.730.910.60.930.970.540.930.960.850.460.560.570.970.940.81
0.490.370.390.41-0.09-0.460.470.50.510.70.770.240.530.490.440.40.480.550.20.460.520.520.50.570.59
0.580.380.460.380.24-0.530.570.570.30.790.740.31.00.560.430.370.440.650.270.560.521.00.630.710.86
0.580.390.460.390.24-0.540.570.570.310.80.750.31.00.560.440.380.440.650.270.570.521.00.630.720.86
0.960.450.930.91-0.45-0.930.890.890.630.920.810.790.660.890.950.630.951.00.70.970.50.630.630.980.89
0.950.480.880.87-0.41-0.910.920.910.660.960.870.720.740.910.920.640.930.980.640.940.570.710.720.980.95
0.830.520.720.7-0.17-0.810.820.820.60.960.890.530.870.820.760.620.80.90.460.810.590.860.860.890.95
Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets313.5M357.4M546.6M554.6M1.0B1.1B
Other Current Liab4.2M6.5M7.5M15.8M43K40.9K
Total Current Liabilities4.8M7.3M8.2M16.6M27.9M29.3M
Total Stockholder Equity164.7M94.3M433.6M417.9M820.0M861.0M
Net Debt70.1M156.9M(126.6M)(52.0M)(130.3M)(123.8M)
Retained Earnings(103.4M)(212.3M)(333.0M)(389.9M)(304.0M)(288.8M)
Cash52.1M74.0M201.8M134.4M290.7M305.3M
Cash And Short Term Investments52.1M74.0M211.1M140.2M290.7M305.3M
Net Receivables610.1K304.6K1.2M1.8M512K573.5K
Common Stock Total Equity196.3M208.7M218.8M256.0M294.3M309.1M
Common Stock Shares Outstanding402.7M370.5M459.3M479.7M529.2M315.9M
Liabilities And Stockholders Equity313.5M357.4M546.6M554.6M1.0B1.1B
Other Current Assets734.3K680K1.0M4.0M15.7M16.5M
Total Liab127.2M238.1M85.2M99.1M187.4M96.0M
Total Current Assets53.5M75.0M213.3M144.2M307.0M322.3M
Common Stock218.8M256.0M695.9M712.6M1.0B1.1B
Other Liab725.1K711.6K2.5M867K997.1K595.9K
Net Tangible Assets161.6M94.0M433.6M417.7M480.4M504.4M
Property Plant And Equipment Net260.0M282.3M333.2M410.3M456.7M479.5M
Accounts Payable3.2K6.5K7.4K13.7K26.9M28.3M
Non Current Assets Total260.1M282.4M333.2M410.4M700.5M735.5M
Other Assets514.7K95.8K85.4K76K87.4K91.8K
Long Term Debt119.6M226.9M72.0M80.0M158.5M95.3M
Non Current Liabilities Total122.4M230.8M77.0M82.6M159.5M96.8M
Other Stockholder Equity51.3M58.6M70.7M95.1M109.4M114.9M
Accumulated Other Comprehensive Income49.3M50.6M70.7M95.1M114.9M120.6M
Intangible Assets287.89219.0312.0144.065.061.75
Property Plant Equipment259.7M282.1M333.2M410.2M471.7M495.3M
Short Long Term Debt Total122.2M230.9M75.2M82.5M160.4M129.5M
Non Currrent Assets Other95.5K85.2K75.7K75.9K3.6M3.8M
Long Term Debt Total138.2M121.7M230.1M74.5M85.6M126.8M
Net Invested Capital284.3M321.1M505.6M497.9M978.5M502.6M
Net Working Capital48.7M67.7M205.1M127.6M279.1M158.7M
Capital Stock218.8M256.0M695.9M712.6M1.0B568.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 interest.
For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil, Gas & Consumable Fuels 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 NexGen Energy. If investors know NexGen 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 NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.21
Return On Assets
(0.04)
Return On Equity
0.1583
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy'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 NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy'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 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.