NXG NextGen Infrastructure Income Fund (NXG) - Total Assets
Based on the latest financial reports, NXG NextGen Infrastructure Income Fund (NXG) holds total assets worth $242.84 Million USD as of May 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See NXG NextGen Infrastructure Income Fund (NXG) shareholders funds for net asset value and shareholders' equity analysis.
NXG NextGen Infrastructure Income Fund - Total Assets Trend (2017–2024)
This chart illustrates how NXG NextGen Infrastructure Income Fund's total assets have evolved over time, based on quarterly financial data.
NXG NextGen Infrastructure Income Fund - Asset Composition Analysis
Current Asset Composition (November 2024)
NXG NextGen Infrastructure Income Fund's total assets of $242.84 Million consist of 0.5% current assets and 99.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $12.46 Million | 5.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how NXG NextGen Infrastructure Income Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NXG company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NXG NextGen Infrastructure Income Fund's current assets represent 0.5% of total assets in 2024, a decrease from 1.1% in 2017.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 5.3% of total assets.
NXG NextGen Infrastructure Income Fund Competitors by Total Assets
Key competitors of NXG NextGen Infrastructure Income Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sprott Physical Gold Trust
TO:PHYS
|
Canada | CA$14.12 Billion |
|
Sprott Physical Silver
TO:PSLV
|
Canada | CA$9.40 Billion |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
Canada | CA$7.31 Billion |
|
Argo Investments Ltd
AU:ARG
|
Australia | AU$7.91 Billion |
|
Brederode SA
BR:BREB
|
Belgium | €3.96 Billion |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
Highest Performances Holdings Inc.
NASDAQ:MAAS
|
USA | $4.56 Billion |
|
Metrics Master Income Trust
AU:MXT
|
Australia | AU$2.46 Billion |
NXG NextGen Infrastructure Income Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.06 | 6.30 | 0.34 |
| Quick Ratio | 2.06 | 6.30 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $337.57K | $8.45 Million | $-1.38 Million |
NXG NextGen Infrastructure Income Fund - Advanced Valuation Insights
This section examines the relationship between NXG NextGen Infrastructure Income Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.21 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | 59.4% |
| Total Assets | $233.16 Million |
| Market Capitalization | $227.70 Million USD |
Valuation Analysis
Near Book Valuation: The market values NXG NextGen Infrastructure Income Fund's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: NXG NextGen Infrastructure Income Fund's assets grew by 59.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NXG NextGen Infrastructure Income Fund (2017–2024)
The table below shows the annual total assets of NXG NextGen Infrastructure Income Fund from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $233.16 Million | +59.40% |
| 2023-11-30 | $146.28 Million | -24.68% |
| 2022-11-30 | $194.19 Million | -4.15% |
| 2021-11-30 | $202.60 Million | +46.88% |
| 2020-11-30 | $137.94 Million | -9.23% |
| 2019-11-30 | $151.96 Million | -15.27% |
| 2018-11-30 | $179.34 Million | +27.99% |
| 2017-11-30 | $140.12 Million | -- |
About NXG NextGen Infrastructure Income Fund
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturin… Read more