NexGen Energy Ltd. (NXE) Key Metrics
NXE key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Canadian dollarsNXE returns How much profit the business earns on the capital it uses.
NXE financial health Debt, liquidity and how easily interest is covered.
NXE efficiency & capital use Working capital cycle and where the cash goes.
NXE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NXE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NXE key metrics in Canadian dollars
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −20.6% | −7.8% | 13.1% | −13.3% | −45.1% | −61.4% | −6.8% | 1.4% | −41.9% | −15.4% |
| Return on invested capital (ROIC) | −5.8% | −6.0% | −13.2% | −12.8% | −14.7% | −5.8% | −7.2% | 0.5% | −14.6% | −11.1% |
| Return on assets (ROA) | −15.0% | −5.8% | 10.3% | −10.3% | −26.3% | −25.7% | −3.7% | 0.7% | −21.7% | −11.5% |
| Return on tangible assets | −12.5% | −4.7% | 8.0% | −10.2% | −21.8% | −24.1% | −3.8% | 0.7% | −17.3% | −8.8% |
| Income quality (OCF / net income) | — | — | −0.65 | — | — | — | — | −3.72 | — | — |
| Financial health | ||||||||||
| Total debt | C$586.4M | C$456.8M | C$318.9M | C$162.5M | C$75.2M | C$230.9M | C$122.2M | C$138.2M | C$342.7M | C$141.6M |
| Cash & short-term investments | C$1.12B | C$476.6M | C$290.7M | C$140.2M | C$211.1M | C$74.0M | C$52.1M | C$125.1M | C$164.9M | C$78.5M |
| Net debt | −C$536.3M | −C$19.8M | C$28.2M | C$22.3M | −C$135.9M | C$156.9M | C$70.1M | C$13.1M | C$177.8M | C$63.1M |
| Debt / equity | 0.32 | 0.39 | 0.39 | 0.39 | 0.17 | 2.45 | 0.66 | 0.84 | 2.31 | 1.19 |
| Debt / assets | 0.24 | 0.28 | 0.32 | 0.29 | 0.14 | 0.65 | 0.39 | 0.42 | 1.06 | 0.74 |
| Net debt / EBITDA | — | — | 0.37 | — | — | — | — | — | — | — |
| Current ratio | 1.82 | 1.03 | 1.65 | 1.49 | 26.00 | 10.24 | 11.17 | 19.29 | 54.95 | 32.71 |
| Quick ratio | 1.82 | 1.03 | 1.65 | 1.49 | 26.00 | 10.24 | 11.17 | 19.29 | 54.95 | 32.71 |
| Interest coverage | -1.9 | -2.3 | -13.6 | -25.1 | -12.8 | -1.4 | -1.6 | 0.1 | -5.4 | -5.0 |
| Working capital | C$516.8M | C$15.1M | C$120.6M | C$47.6M | C$205.1M | C$67.7M | C$48.7M | C$119.2M | C$162.6M | C$77.0M |
| Invested capital | C$1.29B | C$1.16B | C$848.2M | C$440.2M | C$297.7M | C$251.1M | C$256.5M | C$178.4M | C$326.1M | C$182.1M |
| Tangible asset value | C$1.83B | C$1.18B | C$820.0M | C$455.4M | C$461.3M | C$119.3M | C$186.3M | C$181.9M | C$148.3M | C$119.0M |
| Net current asset value | C$506.4M | C$15.0M | C$119.6M | C$45.0M | C$128.1M | −C$163.1M | −C$73.7M | −C$19.2M | −C$9.1M | C$5.9M |
| Capital allocation | ||||||||||
| Dividends paid | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Share buybacks (net) | — | — | — | — | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Dividend payout ratio | — | — | 0.0% | — | — | — | — | 0.0% | — | — |
| Capex / depreciation | 0.23 | 58.03 | 64.19 | 0.20 | 22.07 | 8.00 | 24.20 | 24.63 | 49.89 | 70.23 |
| Efficiency | ||||||||||
| Days payables outstanding | 5,123.0 | — | 2,727.0 | 2.1 | 1.2 | 1.0 | 0.7 | 0.7 | 0.8 | 0.8 |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables turnover | 0.07 | — | 0.13 | 171.77 | 305.02 | 368.94 | 521.32 | 557.51 | 430.02 | 439.29 |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | C$2.5M | C$2.3M | C$2.1M | C$1.5M | C$741,000 | C$457,060 | C$498,530 | C$467,504 | C$677,758 | C$556,874 |
| Average payables | C$30.9M | C$24.2M | C$13.5M | C$10,560 | C$6,970 | C$4,854 | C$3,525 | C$2,752 | C$1,763 | C$1,427 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from NXE's annual financial statements (latest annual report filed March 4, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
NXE valuation and financial ratios
NexGen Energy earned a return on equity of −20.6% and a return on invested capital of −5.8% in fiscal 2025. It ended the year with C$586.4 million of debt and C$1.1 billion in cash and short-term investments, a net cash position of C$536.3 million.
See the NXE income statement, the NXE chart for price history, or the NXE stock overview for the latest quote and news.
NXE key metrics FAQ
What is NexGen Energy's return on equity?
NexGen Energy's return on equity (ROE) was −20.6% in fiscal 2025: net income of -C$309.4 million on average shareholders' equity of C$1.5 billion.
What is NexGen Energy's ROIC?
NexGen Energy's return on invested capital was −5.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does NexGen Energy have?
NexGen Energy had total debt of C$586.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.32 and more cash than debt.
Does NexGen Energy pay a dividend?
NexGen Energy did not pay a dividend in fiscal 2025.
What is NexGen Energy's current ratio?
NexGen Energy's current ratio was 1.82 at the end of fiscal 2025: current assets were 1.82 times current liabilities.