NextDecade Story

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NEXT -- USA Stock  

USD 2.40  0.05  2.04%

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 of us are excited about energy space, it is fair to review NextDecade. I will take a closer look at this stock and the newest sentiment generated by private investors. 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.
Published over a month ago
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Is NextDecade overvalued?
The company secures a Beta (Market Risk) of -1.3281, 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. Even though it is essential to pay attention to NextDecade price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NextDecade exposes twenty-eight different technical indicators, which can help you to evaluate its performance. NextDecade has an expected return of -0.052%. Please be advised to verify NextDecade treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price to decide if NextDecade stock performance from the past will be repeated at some point in the near future.

How important is NextDecade's Liquidity

NextDecade financial leverage refers to using borrowed capital as a funding source to finance NextDecade ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. NextDecade 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. Please check the breakdown between NextDecade's total debt and its cash.

How NextDecade utilizes its cash?

To perform a cash flow analysis of NextDecade, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash NextDecade is receiving and how much cash it distributes out in a given period. The NextDecade cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. NextDecade Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. NextDecade reported Net Cash Flow from Operations of (36.63 Million) in 2020

Is NextDecade valued wisely by the market?

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.

Will NextDecade private investors exit after the drop?

Newest total risk alpha is at -0.53. NextDecade is displaying above-average volatility over the selected time horizon. Investors should scrutinize NextDecade independently to ensure intended market timing strategies are aligned with expectations about NextDecade volatility.

Whereas few other entities in the oil & gas e&p industry are either recovering or due for a correction, NextDecade may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current NextDecade valuation and our trade advice on NextDecade is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to NextDecade.

About Contributor

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. Please refer to our Terms of Use for any information regarding our disclosure principles.

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