NexGen Historical Balance Sheet

NXE Stock  CAD 11.91  0.13  1.10%   
Trend analysis of NexGen Energy balance sheet accounts such as Total Stockholder Equity of 861 M provides information on NexGen Energy's total assets, liabilities, and equity, which is the actual value of NexGen Energy to its prevalent stockholders. By breaking down trends over time using NexGen Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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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.

NexGen Energy Inventory

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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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NexGen Energy at a specified time, usually calculated after every quarter, six months, or one year. NexGen Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NexGen Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NexGen currently owns. An asset can also be divided into two categories, current and non-current.

NexGen Energy Balance Sheet Chart

At this time, NexGen Energy's Common Stock Total Equity is very stable compared to the past year. As of the 30th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1.1 B, while Other Current Liabilities is likely to drop about 40.9 K.

Total Assets

Total assets refers to the total amount of NexGen Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NexGen Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NexGen Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NexGen Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 accounts from NexGen Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 Common Stock Total Equity is very stable compared to the past year. As of the 30th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1.1 B, while Other Current Liabilities is likely to drop about 40.9 K.
 2021 2022 2023 2024 (projected)
Other Current Liabilities7.5M15.8M43K40.9K
Total Assets546.6M554.6M1.0B1.1B

NexGen Energy balance sheet Correlations

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0.240.190.160.06-0.670.190.20.280.490.58-0.25-0.150.390.190.320.49-0.270.260.140.330.370.490.210.50.4
0.970.190.97-0.59-0.810.90.890.960.780.63-0.30.930.50.90.960.910.890.980.230.45-0.110.910.30.430.9
0.980.160.97-0.72-0.810.940.940.970.780.65-0.320.920.430.940.980.890.880.970.190.39-0.040.90.280.550.95
-0.570.06-0.59-0.720.47-0.64-0.63-0.66-0.26-0.210.07-0.620.19-0.64-0.68-0.42-0.57-0.520.020.210.27-0.440.17-0.46-0.72
-0.85-0.67-0.81-0.810.47-0.8-0.8-0.83-0.86-0.80.36-0.58-0.58-0.8-0.9-0.94-0.47-0.86-0.2-0.52-0.27-0.94-0.33-0.77-0.92
0.960.190.90.94-0.64-0.80.990.890.850.72-0.370.820.60.990.930.880.80.920.320.570.160.890.520.590.91
0.960.20.890.94-0.63-0.80.990.910.860.74-0.390.810.61.00.930.880.790.920.310.570.170.890.520.60.92
0.960.280.960.97-0.66-0.830.890.910.780.68-0.350.880.430.920.970.90.820.950.140.39-0.090.910.30.510.95
0.880.490.780.78-0.26-0.860.850.860.780.93-0.570.590.810.850.830.950.560.880.440.810.460.940.660.640.82
0.750.580.630.65-0.21-0.80.720.740.680.93-0.60.410.780.730.720.860.380.740.460.770.520.850.610.650.74
-0.38-0.25-0.3-0.320.070.36-0.37-0.39-0.35-0.57-0.6-0.18-0.41-0.38-0.35-0.45-0.19-0.38-0.28-0.45-0.31-0.42-0.42-0.29-0.35
0.88-0.150.930.92-0.62-0.580.820.810.880.590.41-0.180.330.830.850.730.980.890.090.3-0.280.740.210.260.77
0.610.390.50.430.19-0.580.60.60.430.810.78-0.410.330.590.480.690.340.610.440.970.540.680.830.360.43
0.970.190.90.94-0.64-0.80.991.00.920.850.73-0.380.830.590.940.890.80.930.30.560.150.890.510.590.92
0.970.320.960.98-0.68-0.90.930.930.970.830.72-0.350.850.480.940.940.790.970.190.440.050.950.30.650.98
0.950.490.910.89-0.42-0.940.880.880.90.950.86-0.450.730.690.890.940.670.960.330.650.261.00.460.650.93
0.85-0.270.890.88-0.57-0.470.80.790.820.560.38-0.190.980.340.80.790.670.850.170.33-0.250.680.250.180.7
0.990.260.980.97-0.52-0.860.920.920.950.880.74-0.380.890.610.930.970.960.850.270.570.080.960.410.540.92
0.280.140.230.190.02-0.20.320.310.140.440.46-0.280.090.440.30.190.330.170.270.440.410.320.260.080.23
0.570.330.450.390.21-0.520.570.570.390.810.77-0.450.30.970.560.440.650.330.570.440.540.630.90.320.39
0.10.37-0.11-0.040.27-0.270.160.17-0.090.460.52-0.31-0.280.540.150.050.26-0.250.080.410.540.240.420.620.11
0.960.490.910.9-0.44-0.940.890.890.910.940.85-0.420.740.680.890.951.00.680.960.320.630.240.440.650.93
0.450.210.30.280.17-0.330.520.520.30.660.61-0.420.210.830.510.30.460.250.410.260.90.420.440.170.26
0.570.50.430.55-0.46-0.770.590.60.510.640.65-0.290.260.360.590.650.650.180.540.080.320.620.650.170.71
0.940.40.90.95-0.72-0.920.910.920.950.820.74-0.350.770.430.920.980.930.70.920.230.390.110.930.260.71
Click cells to compare fundamentals

NexGen Energy Account Relationship Matchups

NexGen Energy balance sheet 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 Receivables610.1K304.6K1.2M1.8M2.5M2.6M
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 Assets734.3K680K1.0M2.2M13.8M14.5M
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
Property Plant And Equipment Net260.0M282.3M333.2M410.3M456.7M479.5M
Accounts Payable3.2M6.5K7.4K13.7K26.9M28.3M
Non Current Assets Total260.1M282.4M333.2M410.4M700.5M735.5M
Other Assets514.7K95.8K85.4K76K87.4K110.8K
Non Current Liabilities Total122.4M230.8M77.0M82.6M159.5M105.5M
Other Stockholder Equity46.6M50.6M70.7M460K529K502.6K
Property Plant And Equipment Gross260.0M282.3M342.9M421.9M469.9M493.4M
Accumulated Other Comprehensive Income49.3M50.6M70.7M95.1M114.9M120.6M
Short Long Term Debt Total122.2M230.9M75.2M82.5M160.4M140.0M
Other Liab725.1K711.6K2.5M867K997.1K732.7K
Net Tangible Assets161.6M94.0M433.3M417.7M480.4M504.4M
Non Currrent Assets Other95.8K85.2K75.7K75.9K3.6M3.8M
Long Term Debt119.6M226.9M72.0M80.0M158.5M126.9M
Short Term Debt559.0K778K706K775K926K879.7K
Intangible Assets287.9K219.0312.0144.065.061.75
Property Plant Equipment259.7M282.1M332.9M410.3M471.8M495.4M
Long Term Debt Total121.7M230.1M74.5M81.7M73.5M101.5M
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

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

  0.92ENB-PFV Enbridge Pref 5PairCorr
  0.7ENB-PFU Enbridge Pref LPairCorr
  0.93ENS E Split CorpPairCorr
  0.84ENS-PA E Split CorpPairCorr

Moving against NexGen Stock

  0.63SAGE Sage Potash CorpPairCorr
  0.38GSY goeasyPairCorr
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple 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.