NexGen Cash And Short Term Investments vs Long Term Debt Analysis

NXE Stock

USD 7.78 0.09 1.14%

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 Cash And Short Term Investments and its Long Term Debt 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 tightly coupled 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.

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGen Energy Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NexGen Energy's Cash And Short Term Investments and Long Term Debt is 0.57. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt 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 Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of NexGen Energy are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., NexGen Energy's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NexGen Energy balance sheet. This account contains NexGen Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NexGen Energy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that NexGen Energy has held for over one year. Long-term debt appears on NexGen Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NexGen Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 tightly coupled 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Other Assets	Long Term Debt	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.97	0.97	0.98	-0.57	-0.85	0.96	0.96	0.96	0.88	0.75	0.88	0.61	0.97	0.97	0.56	0.94	0.18	0.96	0.99	0.49	0.58	0.58	0.96	0.95	0.83
Other Current Liab	0.97		1.0	0.97	-0.59	-0.8	0.9	0.89	0.96	0.78	0.63	0.94	0.5	0.9	0.96	0.41	0.9	0.05	0.99	0.98	0.37	0.46	0.46	0.93	0.88	0.72
Total Current Liabilities	0.97	1.0		0.97	-0.59	-0.81	0.9	0.89	0.96	0.78	0.63	0.94	0.5	0.9	0.96	0.42	0.9	0.06	0.99	0.98	0.39	0.46	0.46	0.93	0.88	0.72
Total Stockholder Equity	0.98	0.97	0.97		-0.71	-0.81	0.94	0.94	0.97	0.78	0.65	0.92	0.43	0.94	0.98	0.54	0.95	0.05	0.97	0.97	0.41	0.38	0.39	0.91	0.87	0.7
Net Debt	-0.57	-0.59	-0.59	-0.71		0.46	-0.64	-0.63	-0.66	-0.26	-0.21	-0.62	0.19	-0.64	-0.68	-0.42	-0.67	0.2	-0.61	-0.53	-0.09	0.24	0.24	-0.45	-0.41	-0.17
Retained Earnings	-0.85	-0.8	-0.81	-0.81	0.46		-0.8	-0.8	-0.83	-0.86	-0.8	-0.58	-0.58	-0.8	-0.9	-0.77	-0.92	-0.57	-0.78	-0.85	-0.46	-0.53	-0.54	-0.93	-0.91	-0.81
Cash	0.96	0.9	0.9	0.94	-0.64	-0.8		0.99	0.89	0.85	0.72	0.82	0.6	0.99	0.93	0.59	0.92	0.15	0.88	0.92	0.47	0.57	0.57	0.89	0.92	0.82
Cash And Short Term Investments	0.96	0.89	0.89	0.94	-0.63	-0.8	0.99		0.91	0.86	0.74	0.81	0.6	1.0	0.93	0.6	0.93	0.17	0.88	0.92	0.5	0.57	0.57	0.89	0.91	0.82
Net Receivables	0.96	0.96	0.96	0.97	-0.66	-0.83	0.89	0.91		0.78	0.68	0.88	0.43	0.92	0.97	0.51	0.95	0.13	0.95	0.95	0.45	0.39	0.39	0.92	0.88	0.71
Common Stock Total Equity	0.88	0.78	0.78	0.78	-0.26	-0.86	0.85	0.86	0.78		0.93	0.59	0.81	0.85	0.83	0.65	0.85	0.54	0.74	0.87	0.7	0.79	0.8	0.92	0.96	0.96
Common Stock Shares Outstanding	0.75	0.63	0.63	0.65	-0.21	-0.8	0.72	0.74	0.68	0.93		0.41	0.78	0.73	0.72	0.68	0.77	0.65	0.58	0.73	0.77	0.74	0.75	0.81	0.87	0.89
Other Current Assets	0.88	0.94	0.94	0.92	-0.62	-0.58	0.82	0.81	0.88	0.59	0.41		0.33	0.83	0.86	0.25	0.76	-0.27	0.96	0.9	0.24	0.3	0.3	0.77	0.71	0.52
Total Liab	0.61	0.5	0.5	0.43	0.19	-0.58	0.6	0.6	0.43	0.81	0.78	0.33		0.59	0.48	0.41	0.48	0.5	0.45	0.6	0.53	1.0	1.0	0.66	0.74	0.87
Total Current Assets	0.97	0.9	0.9	0.94	-0.64	-0.8	0.99	1.0	0.92	0.85	0.73	0.83	0.59		0.94	0.59	0.93	0.15	0.89	0.93	0.49	0.56	0.56	0.89	0.91	0.82
Common Stock	0.97	0.96	0.96	0.98	-0.68	-0.9	0.93	0.93	0.97	0.83	0.72	0.86	0.48	0.94		0.64	0.98	0.22	0.95	0.97	0.44	0.43	0.44	0.95	0.92	0.76
Other Liab	0.56	0.41	0.42	0.54	-0.42	-0.77	0.59	0.6	0.51	0.65	0.68	0.25	0.41	0.59	0.64		0.72	0.61	0.4	0.54	0.4	0.37	0.38	0.63	0.64	0.62
Net Tangible Assets	0.94	0.9	0.9	0.95	-0.67	-0.92	0.92	0.93	0.95	0.85	0.77	0.76	0.48	0.93	0.98	0.72		0.34	0.88	0.93	0.48	0.44	0.44	0.95	0.93	0.8
Property Plant And Equipment Net	0.18	0.05	0.06	0.05	0.2	-0.57	0.15	0.17	0.13	0.54	0.65	-0.27	0.5	0.15	0.22	0.61	0.34		-0.01	0.18	0.44	0.48	0.49	0.4	0.46	0.57
Accounts Payable	0.96	0.99	0.99	0.97	-0.61	-0.78	0.88	0.88	0.95	0.74	0.58	0.96	0.45	0.89	0.95	0.4	0.88	-0.01		0.97	0.33	0.41	0.42	0.91	0.85	0.67
Non Current Assets Total	0.99	0.98	0.98	0.97	-0.53	-0.85	0.92	0.92	0.95	0.87	0.73	0.9	0.6	0.93	0.97	0.54	0.93	0.18	0.97		0.46	0.56	0.57	0.97	0.94	0.81
Other Assets	0.49	0.37	0.39	0.41	-0.09	-0.46	0.47	0.5	0.45	0.7	0.77	0.24	0.53	0.49	0.44	0.4	0.48	0.44	0.33	0.46		0.52	0.52	0.5	0.57	0.59
Long Term Debt	0.58	0.46	0.46	0.38	0.24	-0.53	0.57	0.57	0.39	0.79	0.74	0.3	1.0	0.56	0.43	0.37	0.44	0.48	0.41	0.56	0.52		1.0	0.63	0.71	0.86
Non Current Liabilities Total	0.58	0.46	0.46	0.39	0.24	-0.54	0.57	0.57	0.39	0.8	0.75	0.3	1.0	0.56	0.44	0.38	0.44	0.49	0.42	0.57	0.52	1.0		0.63	0.72	0.86
Other Stockholder Equity	0.96	0.93	0.93	0.91	-0.45	-0.93	0.89	0.89	0.92	0.92	0.81	0.77	0.66	0.89	0.95	0.63	0.95	0.4	0.91	0.97	0.5	0.63	0.63		0.98	0.89
Property Plant And Equipment Gross	0.95	0.88	0.88	0.87	-0.41	-0.91	0.92	0.91	0.88	0.96	0.87	0.71	0.74	0.91	0.92	0.64	0.93	0.46	0.85	0.94	0.57	0.71	0.72	0.98		0.95
Short Long Term Debt	0.83	0.72	0.72	0.7	-0.17	-0.81	0.82	0.82	0.71	0.96	0.89	0.52	0.87	0.82	0.76	0.62	0.8	0.57	0.67	0.81	0.59	0.86	0.86	0.89	0.95

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NexGen Energy Account Relationship Matchups

NexGen Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	313.5M	357.4M	546.6M	554.6M	1.0B	1.1B
Other Current Liab	4.2M	6.5M	7.5M	15.8M	27.0M	28.3M
Total Current Liabilities	4.8M	7.3M	8.2M	16.6M	27.9M	29.3M
Total Stockholder Equity	164.7M	94.3M	433.6M	417.9M	820.0M	861.0M
Net Debt	70.1M	156.9M	(126.6M)	(52.0M)	(130.3M)	(123.8M)
Retained Earnings	(103.4M)	(212.3M)	(333.0M)	(389.9M)	(304.0M)	(288.8M)
Cash	52.1M	74.0M	201.8M	134.4M	290.7M	305.3M
Cash And Short Term Investments	52.1M	74.0M	211.1M	140.2M	290.7M	305.3M
Net Receivables	610.1K	304.6K	1.2M	1.8M	2.5M	2.6M
Common Stock Total Equity	196.3M	208.7M	218.8M	256.0M	294.3M	309.1M
Common Stock Shares Outstanding	402.7M	370.5M	459.3M	479.7M	529.2M	315.9M
Liabilities And Stockholders Equity	313.5M	357.4M	546.6M	554.6M	1.0B	1.1B
Other Current Assets	734.3K	679.7K	1.0M	2.2M	13.8M	14.5M
Total Liab	127.2M	238.1M	85.2M	99.1M	187.4M	96.0M
Total Current Assets	53.5M	75.0M	213.3M	144.2M	307.0M	322.3M
Common Stock	218.8M	256.0M	695.9M	712.6M	1.0B	1.1B
Other Liab	725.1K	711.6K	2.5M	867K	997.1K	595.9K
Net Tangible Assets	161.6M	94.0M	433.6M	417.7M	480.4M	504.4M
Property Plant And Equipment Net	260.0M	282.3M	333.2M	410.3M	5.4M	5.1M
Accounts Payable	3.2K	6.5K	7.4K	13.7K	26.9K	28.3K
Non Current Assets Total	260.1M	282.4M	333.2M	410.4M	700.5M	735.5M
Other Assets	514.7K	95.8K	85.4K	76K	87.4K	91.8K
Long Term Debt	119.6M	226.9M	72.0M	80.0M	158.5M	95.3M
Non Current Liabilities Total	122.4M	230.8M	77.0M	82.6M	159.5M	96.8M
Other Stockholder Equity	51.3M	58.6M	70.7M	95.1M	109.4M	114.9M
Accumulated Other Comprehensive Income	49.3M	50.6M	70.7M	95.1M	114.9M	120.6M
Intangible Assets	287.89	219.0	312.0	144.0	65.0	61.75
Property Plant Equipment	259.7M	282.1M	333.2M	410.2M	471.7M	495.3M
Short Long Term Debt Total	122.2M	230.9M	75.2M	82.5M	160.4M	105.3M
Non Currrent Assets Other	95.5K	85.2K	75.7K	75.9K	454.9M	477.7M
Long Term Debt Total	138.2M	121.7M	230.1M	74.5M	85.6M	126.8M
Net Invested Capital	284.3M	321.1M	505.6M	497.9M	978.5M	502.6M
Net Working Capital	48.7M	67.7M	205.1M	127.6M	279.1M	158.7M
Capital Stock	218.8M	256.0M	695.9M	712.6M	1.0B	568.5M

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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:

How To Invest In NexGen

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Is NexGen Stock a good investment?

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What is NexGen Energy's Net Worth?

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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 tightly coupled 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.

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Is NexGen Energy'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 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

0.08

Return On Assets

(0.06)

Return On Equity

0.0633

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.

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NexGen Cash And Short Term Investments vs Long Term Debt Analysis

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Long Term Debt

NexGen Energy fundamental ratios Correlations

NexGen Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NexGen Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Cash And Short Term Investments
Long Term Debt	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Long Term Debt
Non Current Assets Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.93	Retained Earnings
Net Tangible Assets	- 0.92	Retained Earnings
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Common Stock	- 0.9	Retained Earnings
Common Stock Total Equity	- 0.86	Retained Earnings
Non Current Assets Total	- 0.85	Retained Earnings