NXG Historical Balance Sheet

NXG Stock  USD 41.49  0.30  0.73%   
Trend analysis of NXG NextGen Infrastructure balance sheet accounts such as Total Stockholder Equity of 103.9 M provides information on NXG NextGen's total assets, liabilities, and equity, which is the actual value of NXG NextGen Infrastr to its prevalent stockholders. By breaking down trends over time using NXG NextGen 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 NXG NextGen Infrastr 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 NXG NextGen Infrastr 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 NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

About NXG Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NXG NextGen Infrastr at a specified time, usually calculated after every quarter, six months, or one year. NXG NextGen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NXG NextGen 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 NXG currently owns. An asset can also be divided into two categories, current and non-current.

NXG NextGen Balance Sheet Chart

NXG NextGen Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how NXG NextGen Infrastr uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, NXG NextGen's Total Stockholder Equity is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Accounts Payable is estimated to increase to about 6.8 M, while Other Current Liabilities is forecasted to increase to (4.8 M).

Total Assets

Total assets refers to the total amount of NXG NextGen 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 NXG NextGen Infrastr 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 NXG NextGen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NXG NextGen Infrastructure 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 NXG NextGen's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NXG NextGen Infrastr 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 NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At this time, NXG NextGen's Total Stockholder Equity is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Accounts Payable is estimated to increase to about 6.8 M, while Other Current Liabilities is forecasted to increase to (4.8 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total41.4M36.8M42.3M40.0M
Total Assets194.2M146.3M168.2M181.1M

NXG NextGen balance sheet Correlations

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0.9-0.760.740.050.94-0.310.740.88-0.670.650.50.620.940.480.950.5-0.520.640.460.46-0.790.77-0.64-0.850.59
-0.54-0.76-0.980.33-0.670.67-0.98-0.50.16-0.56-0.43-0.62-0.67-0.55-0.7-0.430.6-0.75-0.5-0.510.8-0.50.730.72-0.28
0.550.74-0.98-0.40.64-0.71.00.52-0.090.470.340.640.640.580.670.34-0.590.770.530.54-0.790.52-0.73-0.670.18
0.360.050.33-0.4-0.120.4-0.40.34-0.720.370.370.1-0.110.15-0.090.370.46-0.24-0.33-0.340.10.210.19-0.180.58
0.760.94-0.670.64-0.12-0.210.640.74-0.580.590.470.421.00.240.990.47-0.660.580.440.44-0.710.66-0.59-0.770.55
-0.2-0.310.67-0.70.4-0.21-0.7-0.22-0.150.00.17-0.8-0.21-0.77-0.260.170.55-0.82-0.71-0.720.65-0.080.80.310.15
0.550.74-0.981.0-0.40.64-0.70.52-0.090.470.340.640.640.580.670.34-0.590.770.530.54-0.790.52-0.73-0.670.18
0.990.88-0.50.520.340.74-0.220.52-0.790.530.340.690.740.610.780.34-0.340.60.460.45-0.720.87-0.58-0.790.63
-0.8-0.670.16-0.09-0.72-0.58-0.15-0.09-0.79-0.62-0.5-0.39-0.58-0.28-0.61-0.50.13-0.25-0.14-0.130.46-0.640.30.69-0.85
0.630.65-0.560.470.370.590.00.470.53-0.620.960.270.590.230.60.96-0.320.33-0.08-0.08-0.510.59-0.37-0.760.82
0.460.5-0.430.340.370.470.170.340.34-0.50.960.050.470.030.441.0-0.140.09-0.33-0.33-0.270.41-0.13-0.570.7
0.660.62-0.620.640.10.42-0.80.640.69-0.390.270.050.430.970.490.05-0.420.820.720.72-0.770.46-0.82-0.590.25
0.760.94-0.670.64-0.111.0-0.210.640.74-0.580.590.470.430.240.990.47-0.660.590.440.44-0.720.67-0.6-0.770.56
0.590.48-0.550.580.150.24-0.770.580.61-0.280.230.030.970.240.310.03-0.270.740.60.6-0.660.41-0.72-0.480.17
0.80.95-0.70.67-0.090.99-0.260.670.78-0.610.60.440.490.990.310.44-0.70.660.530.53-0.790.73-0.67-0.840.6
0.460.5-0.430.340.370.470.170.340.34-0.50.961.00.050.470.030.44-0.140.09-0.33-0.33-0.270.41-0.13-0.570.7
-0.34-0.520.6-0.590.46-0.660.55-0.59-0.340.13-0.32-0.14-0.42-0.66-0.27-0.7-0.14-0.83-0.72-0.720.8-0.440.850.64-0.37
0.590.64-0.750.77-0.240.58-0.820.770.6-0.250.330.090.820.590.740.660.09-0.830.830.83-0.940.57-0.99-0.730.34
0.390.46-0.50.53-0.330.44-0.710.530.46-0.14-0.08-0.330.720.440.60.53-0.33-0.720.831.0-0.790.42-0.84-0.520.13
0.380.46-0.510.54-0.340.44-0.720.540.45-0.13-0.08-0.330.720.440.60.53-0.33-0.720.831.0-0.790.41-0.84-0.520.12
-0.73-0.790.8-0.790.1-0.710.65-0.79-0.720.46-0.51-0.27-0.77-0.72-0.66-0.79-0.270.8-0.94-0.79-0.79-0.740.950.9-0.56
0.880.77-0.50.520.210.66-0.080.520.87-0.640.590.410.460.670.410.730.41-0.440.570.420.41-0.74-0.55-0.860.71
-0.57-0.640.73-0.730.19-0.590.8-0.73-0.580.3-0.37-0.13-0.82-0.6-0.72-0.67-0.130.85-0.99-0.84-0.840.95-0.550.75-0.4
-0.83-0.850.72-0.67-0.18-0.770.31-0.67-0.790.69-0.76-0.57-0.59-0.77-0.48-0.84-0.570.64-0.73-0.52-0.520.9-0.860.75-0.83
0.680.59-0.280.180.580.550.150.180.63-0.850.820.70.250.560.170.60.7-0.370.340.130.12-0.560.71-0.4-0.83
Click cells to compare fundamentals

NXG NextGen Account Relationship Matchups

NXG NextGen balance sheet Accounts

201920202021202220232024 (projected)
Total Assets137.9M202.6M194.2M146.3M168.2M181.1M
Other Current Liab(17.9K)(6.9M)(14.2K)(5.6M)(5.0M)(4.8M)
Total Current Liabilities17.9K6.9M14.2K5.6M6.4M6.8M
Total Stockholder Equity119.3M138.5M142.4M103.7M93.3M103.9M
Net Debt18.3M56.4M41.0M36.8M42.3M34.2M
Retained Earnings(37.4M)(13.8M)(5.6M)(40.7M)(36.7M)(34.8M)
Accounts Payable17.9K6.9M14.2K5.6M6.4M6.8M
Non Current Assets Total137.4M188.7M193.4M145.9M167.8M177.9M
Non Currrent Assets Other(137.4M)(188.7M)(193.4M)(145.9M)(131.3M)(137.9M)
Other Assets56.5K2.8M401.0K83.0K95.4K90.6K
Net Receivables520.2K11.1M385.1K317.0K364.6K346.3K
Liabilities And Stockholders Equity137.9M202.6M194.2M146.3M168.2M181.1M
Non Current Liabilities Total18.3M56.4M41.4M36.8M42.3M34.3M
Other Stockholder Equity156.7M152.3M148.0M144.4M166.1M161.4M
Total Liab18.6M64.1M51.8M42.6M49.0M38.1M
Total Current Assets520.2K11.1M385.1K317.0K364.6K346.3K
Cash And Short Term Investments4.9M801.6K10.9M9.8M11.3M5.8M
Short Term Investments4.9M801.6K10.5M9.8M11.3M5.7M
Other Current Assets(5.4M)(11.9M)(11.3M)(10.1M)(9.1M)(9.6M)
Long Term Investments137.4M188.7M193.4M145.9M167.8M179.5M
Accumulated Other Comprehensive Income(37.4M)(13.8M)(5.6M)(40.7M)(36.7M)(34.8M)

Currently Active Assets on Macroaxis

When determining whether NXG NextGen Infrastr is a strong investment it is important to analyze NXG NextGen'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 NXG NextGen's future performance. For an informed investment choice regarding NXG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running NXG NextGen's price analysis, check to measure NXG NextGen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
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Is NXG NextGen's industry 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 NXG NextGen. If investors know NXG 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 NXG NextGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.01)
The market value of NXG NextGen Infrastr is measured differently than its book value, which is the value of NXG that is recorded on the company's balance sheet. Investors also form their own opinion of NXG NextGen's value that differs from its market value or its book value, called intrinsic value, which is NXG NextGen'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 NXG NextGen's market value can be influenced by many factors that don't directly affect NXG NextGen'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 NXG NextGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if NXG NextGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NXG NextGen'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.