| 2017 | 2018 | 2019 | 2020 (projected) | Current Ratio | 5.11 | 6.36 | 3.66 | 5.34 | Book Value per Share | 1.02 | 0.78 | 0.82 | 0.83 |
NextDecade (NASDAQ:NEXT) continues to gain
 | By Raphi Shpitalnik | Macroaxis Story |
NextDecade Cash and Equivalents is comparatively stable at the moment as compared to the past year. NextDecade reported Cash and Equivalents of 15.74 Million in 2019. Current Liabilities is likely to gain to about 23.2 M in 2020, whereas Earnings before Tax are likely to drop (38.7 M) in 2020. As many millenniums are excited about energy space, it is only fair to review NextDecade. Why are we still confident in hope for a quick recovery. In this post, I will also go over some essential variables affecting NextDecade's products, and show how it may impact the firm outlook for active traders this year.
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Reviewed by Rifka Kats
NextDecade holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.6387, which conveys a somewhat significant risk relative to the market. Let's try to break down what NextDecade's beta means in this case. As returns on the market increase, returns on owning NextDecade are expected to decrease by larger amounts. On the other hand, during market turmoil, NextDecade is expected to outperform it. Although it is vital to follow NextDecade price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. Our philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if NextDecade expected return of 1.23 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use NextDecade treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price to analyze future returns on NextDecade. The performance of Nextdecade Corp in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Nextdecade Corp's stock prices. When investing in Nextdecade Corp, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Nextdecade Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Nextdecade Corp carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
How important is Nextdecade Corp's Liquidity
Nextdecade Corp financial leverage refers to using borrowed capital as a funding source to finance Nextdecade Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Nextdecade Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Nextdecade Corp's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Nextdecade Corp's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Nextdecade Corp's total debt and its cash.
Nextdecade Corp Gross Profit
Nextdecade Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Nextdecade Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Nextdecade Corp Gross Profit growth over the last 10 years. Please check Nextdecade Corp's gross profit and other fundamental indicators for more details.
Details
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. NextDecade has an asset utilization ratio of 60.57 percent. This implies that the company is making $0.61 for each dollar of assets. An increasing asset utilization means that NextDecade is more efficient with each dollar of assets it utilizes for everyday operations.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Nextdecade Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.