NexGen Energy Return On Asset vs. Current Ratio
| NXE Stock | CAD 9.92 0.25 2.59% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 231 | 259 |
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For NexGen Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NexGen Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NexGen Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NexGen Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NexGen Energy over time as well as its relative position and ranking within its peers.
NexGen |
NexGen Energy Current Ratio vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NexGen Energy's current stock value. Our valuation model uses many indicators to compare NexGen Energy value to that of its competitors to determine the firm's financial worth. NexGen Energy is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in current ratio category among its peers . At this time, NexGen Energy's Current Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value NexGen Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NexGen Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NexGen Current Ratio vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
NexGen Energy |
| = | -0.041 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
NexGen Energy |
| = | 21.34 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
NexGen Current Ratio Comparison
NexGen Energy is currently under evaluation in current ratio category among its peers.
NexGen Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NexGen Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NexGen Energy will eventually generate negative long term returns. The profitability progress is the general direction of NexGen Energy's change in net profit over the period of time. It can combine multiple indicators of NexGen Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 132.1 M | 138.7 M | |
| Operating Income | -74.6 M | -70.9 M | |
| Income Before Tax | 61.1 M | 64.1 M | |
| Total Other Income Expense Net | 173.4 M | 182.1 M | |
| Net Income | 63.2 M | 66.3 M | |
| Income Tax Expense | -1.3 M | -1.2 M | |
| Net Income From Continuing Ops | 63.2 M | 66.3 M | |
| Net Loss | -50.9 M | -53.5 M | |
| Interest Income | 6.9 M | 4.9 M | |
| Net Interest Income | -254.2 K | -266.9 K | |
| Change To Netincome | 40 M | 30.4 M | |
| Net Income Per Share | 0.18 | 0.19 | |
| Income Quality | (0.86) | (0.82) | |
| Net Income Per E B T | 1.37 | 1.25 |
NexGen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NexGen Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NexGen Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NexGen Energy's important profitability drivers and their relationship over time.
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Check out Correlation Analysis. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
To fully project NexGen Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NexGen Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NexGen Energy's income statement, its balance sheet, and the statement of cash flows.