Nexgen Energy (Canada) Ltd (NXG) - Net Assets

Latest as of March 2026: AU$1.71 Billion AUD ≈ $1.21 Billion USD

Based on the latest financial reports, Nexgen Energy (Canada) Ltd (NXG) has net assets worth AU$1.71 Billion AUD (≈ $1.21 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.48 Billion ≈ $1.75 Billion USD) and total liabilities (AU$771.32 Million ≈ $545.76 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nexgen Energy (Canada) Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.71 Billion
% of Total Assets	68.86%
Annual Growth Rate	75.27%
5-Year Change	297.72%
10-Year Change	1441.82%
Growth Volatility	919.07

Nexgen Energy (Canada) Ltd - Net Assets Trend (2011–2025)

This chart illustrates how Nexgen Energy (Canada) Ltd's net assets have evolved over time, based on quarterly financial data. See Nexgen Energy (Canada) Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Nexgen Energy (Canada) Ltd (2011–2025)

The table below shows the annual net assets of Nexgen Energy (Canada) Ltd from 2011 to 2025. For live valuation and market cap data, see Nexgen Energy (Canada) Ltd (NXG) market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$1.83 Billion ≈ $1.30 Billion	+55.62%
2024-12-31	AU$1.18 Billion ≈ $834.25 Million	+43.78%
2023-12-31	AU$820.02 Million ≈ $580.22 Million	+80.06%
2022-12-31	AU$455.42 Million ≈ $322.24 Million	-1.29%
2021-12-31	AU$461.35 Million ≈ $326.43 Million	+286.87%
2020-12-31	AU$119.25 Million ≈ $84.38 Million	-36.01%
2019-12-31	AU$186.35 Million ≈ $131.85 Million	+2.43%
2018-12-31	AU$181.93 Million ≈ $128.72 Million	+22.64%
2017-12-31	AU$148.34 Million ≈ $104.96 Million	+24.65%
2016-12-31	AU$119.01 Million ≈ $84.20 Million	+18.82%
2015-12-31	AU$100.16 Million ≈ $70.87 Million	+81.91%
2014-12-31	AU$55.06 Million ≈ $38.96 Million	+47.18%
2013-12-31	AU$37.41 Million ≈ $26.47 Million	+3609.09%
2012-12-31	AU$1.01 Million ≈ $713.64K	+42.07%
2011-12-31	AU$709.93K ≈ $502.32K	--

Equity Component Analysis

This analysis shows how different components contribute to Nexgen Energy (Canada) Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 69225909200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$2.38 Billion	129.79%
Other Comprehensive Income	AU$145.61 Million	7.94%
Total Equity	AU$1.83 Billion	100.00%

Nexgen Energy (Canada) Ltd Competitors by Market Cap

The table below lists competitors of Nexgen Energy (Canada) Ltd ranked by their market capitalization.

Company	Market Cap
Shanghai Friendess Electronics Tech SHG:688188	$6.86 Billion
TPG Inc NASDAQ:TPG	$6.87 Billion
Giant Network Group Co Ltd SHE:002558	$6.87 Billion
Federal Signal Corporation NYSE:FSS	$6.87 Billion
International Games System Co Ltd TWO:3293	$6.85 Billion
Cngr Advanced Material Co Ltd SHE:300919	$6.85 Billion
Do-Fluoride Chemicals Co Ltd SHE:002407	$6.85 Billion
ZEEKR Intelligent Technology Holding Limited NYSE:ZK	$6.85 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nexgen Energy (Canada) Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,179,041,000 to 1,834,864,904, a change of 655,823,904 (55.6%).
Net loss of 314,649,121 reduced equity.
Share repurchases of 938,431,000 reduced equity.
Other comprehensive income decreased equity by 9,021,213.
Other factors increased equity by 1,917,925,238.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-314.65 Million	-17.15%
Share Repurchases	AU$938.43 Million	-51.14%
Other Comprehensive Income	AU$-9.02 Million	-0.49%
Other Changes	AU$1.92 Billion	+104.53%
Total Change	AU$-	55.62%

Book Value vs Market Value Analysis

This analysis compares Nexgen Energy (Canada) Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.69x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 7681.79x to 4.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	AU$0.00	AU$14.64	x
2013-12-31	AU$0.07	AU$14.64	x
2014-12-31	AU$0.10	AU$14.64	x
2015-12-31	AU$0.19	AU$14.64	x
2016-12-31	AU$0.21	AU$14.64	x
2017-12-31	AU$0.26	AU$14.64	x
2018-12-31	AU$0.31	AU$14.64	x
2019-12-31	AU$0.31	AU$14.64	x
2020-12-31	AU$0.18	AU$14.64	x
2021-12-31	AU$0.82	AU$14.64	x
2022-12-31	AU$0.79	AU$14.64	x
2023-12-31	AU$1.55	AU$14.64	x
2024-12-31	AU$2.13	AU$14.64	x
2025-12-31	AU$3.12	AU$14.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nexgen Energy (Canada) Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -17.15%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.35x
Recent ROE (-17.15%) is above the historical average (-20.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	-23.50%	0.00%	0.00x	1.06x	AU$-337.86K
2013	-9.02%	-27558.60%	0.00x	1.05x	AU$-7.11 Million
2014	-15.21%	0.00%	0.00x	1.04x	AU$-13.88 Million
2015	-4.64%	0.00%	0.00x	1.01x	AU$-14.66 Million
2016	-15.36%	0.00%	0.00x	1.75x	AU$-27.89 Million
2017	-41.11%	0.00%	0.00x	2.37x	AU$-69.67 Million
2018	1.37%	0.00%	0.00x	1.98x	AU$-14.26 Million
2019	-9.43%	0.00%	0.00x	1.90x	AU$-32.00 Million
2020	-116.53%	0.00%	0.00x	3.79x	AU$-119.25 Million
2021	-27.46%	0.00%	0.00x	1.26x	AU$-162.45 Million
2022	-13.54%	0.00%	0.00x	1.33x	AU$-98.37 Million
2023	9.86%	0.00%	0.00x	1.23x	AU$-1.19 Million
2024	-6.58%	0.00%	0.00x	1.41x	AU$-195.46 Million
2025	-17.15%	0.00%	0.00x	1.35x	AU$-498.14 Million

Industry Comparison

This section compares Nexgen Energy (Canada) Ltd's net assets metrics with peer companies in the Uranium industry.

Industry Context

Industry: Uranium
Average net assets among peers: $28,220,061
Average return on equity (ROE) among peers: -43.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nexgen Energy (Canada) Ltd (NXG)	AU$1.71 Billion	-23.50%	0.45x	$6.86 Billion
Aurora Energy Metals Ltd (1AE)	$4.11 Million	-137.81%	0.04x	$7.60 Million
Adavale Resources Ltd (ADD)	$-768.97	0.00%	0.00x	$8.85 Million
Aura Energy Ltd (AEE)	$5.36 Million	-15.98%	0.10x	$79.35 Million
Alligator Energy Ltd (AGE)	$13.35 Million	-72.56%	0.03x	$128.72 Million
American Uranium Ltd (AMU)	$26.72 Million	-6.17%	0.01x	$8.05 Million
Berkeley Energia Ltd (BKY)	$25.00 Million	-28.01%	0.04x	$140.52 Million
Bannerman Energy Ltd (BMN)	$50.61 Million	-0.22%	0.01x	$508.56 Million
Boss Energy Ltd (BOE)	$8.03 Million	-167.41%	0.02x	$355.45 Million
Basin Energy Ltd (BSN)	$506.00K	0.00%	0.09x	$4.87 Million
Deep Yellow Ltd (DYL)	$148.50 Million	-8.99%	0.02x	$1.10 Billion

About Nexgen Energy (Canada) Ltd

AU:NXG Australia Uranium

Market Cap

$6.86 Billion

AU$9.69 Billion AUD

Market Cap Rank

#2958 Global

#66 in Australia

Share Price

AU$14.64

Change (1 day)

+2.38%

52-Week Range

AU$9.66 - AU$19.52

All Time High

AU$19.52