Nextdecade Historical Balance Sheet

NEXT Stock

USD 7.26 0.01 0.14%

Trend analysis of Nextdecade Corp balance sheet accounts such as Total Current Liabilities of 580 M provides information on Nextdecade Corp's total assets, liabilities, and equity, which is the actual value of Nextdecade Corp to its prevalent stockholders. By breaking down trends over time using Nextdecade Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Nextdecade Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nextdecade Corp is a good buy for the upcoming year.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextdecade Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.

About Nextdecade Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nextdecade Corp at a specified time, usually calculated after every quarter, six months, or one year. Nextdecade Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nextdecade Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nextdecade currently owns. An asset can also be divided into two categories, current and non-current.

Nextdecade Corp Balance Sheet Chart

Nextdecade Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Nextdecade Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Nextdecade Corp's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 412.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 12 K in 2024.

Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Net Tangible Assets

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Total Current Liabilities

Total Current Liabilities is an item on Nextdecade Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nextdecade Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most accounts from Nextdecade Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nextdecade Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextdecade Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.At this time, Nextdecade Corp's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 412.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 12 K in 2024.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	596K	1.6M	2.0B	2.1B
Total Assets	222.1M	312.4M	3.3B	3.5B

Short Long Term Debt Total Total Assets

Nextdecade Corp balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Liab
Total Assets		1.0	1.0	1.0	0.54	0.73	0.99	-0.87	1.0	0.99	1.0	0.95	0.79	0.97	0.46	-0.15	0.55	1.0	1.0	0.92	1.0	0.98	0.97	-0.15	0.73	0.74
Short Long Term Debt Total	1.0		1.0	1.0	0.47	0.68	1.0	-0.83	1.0	0.98	1.0	0.95	0.74	0.96	0.39	-0.16	0.51	1.0	1.0	0.89	1.0	0.96	0.95	-0.15	0.67	0.69
Other Current Liab	1.0	1.0		1.0	0.49	0.7	1.0	-0.84	1.0	0.99	1.0	0.95	0.75	0.97	0.41	-0.16	0.53	1.0	1.0	0.9	1.0	0.97	0.95	-0.16	0.69	0.7
Total Current Liabilities	1.0	1.0	1.0		0.49	0.7	1.0	-0.85	1.0	0.99	1.0	0.95	0.76	0.97	0.41	-0.17	0.54	1.0	1.0	0.91	1.0	0.97	0.96	-0.17	0.7	0.71
Total Stockholder Equity	0.54	0.47	0.49	0.49		0.9	0.45	-0.83	0.48	0.57	0.53	0.53	0.81	0.62	0.89	-0.01	0.73	0.48	0.46	0.76	0.48	0.62	0.69	-0.01	0.92	0.83
Net Tangible Assets	0.73	0.68	0.7	0.7	0.9		0.66	-0.89	0.69	0.76	0.72	0.73	0.87	0.81	0.83	-0.02	0.65	0.68	0.67	0.87	0.69	0.8	0.86	-0.02	0.92	0.84
Net Debt	0.99	1.0	1.0	1.0	0.45	0.66		-0.81	1.0	0.98	1.0	0.95	0.72	0.96	0.38	-0.15	0.5	1.0	1.0	0.88	1.0	0.96	0.94	-0.15	0.66	0.67
Retained Earnings	-0.87	-0.83	-0.84	-0.85	-0.83	-0.89	-0.81		-0.83	-0.89	-0.86	-0.77	-0.97	-0.91	-0.66	0.32	-0.82	-0.83	-0.83	-0.97	-0.84	-0.91	-0.91	0.32	-0.96	-0.96
Accounts Payable	1.0	1.0	1.0	1.0	0.48	0.69	1.0	-0.83		0.98	1.0	0.95	0.74	0.97	0.4	-0.16	0.52	1.0	1.0	0.89	1.0	0.97	0.95	-0.16	0.68	0.69
Cash	0.99	0.98	0.99	0.99	0.57	0.76	0.98	-0.89	0.98		0.99	0.93	0.82	0.97	0.47	-0.2	0.6	0.99	0.98	0.94	0.99	0.98	0.97	-0.2	0.77	0.78
Non Current Assets Total	1.0	1.0	1.0	1.0	0.53	0.72	1.0	-0.86	1.0	0.99		0.95	0.78	0.97	0.45	-0.14	0.54	1.0	1.0	0.91	1.0	0.97	0.96	-0.14	0.73	0.74
Non Currrent Assets Other	0.95	0.95	0.95	0.95	0.53	0.73	0.95	-0.77	0.95	0.93	0.95		0.68	0.92	0.56	0.09	0.4	0.95	0.94	0.85	0.95	0.93	0.96	0.1	0.66	0.62
Other Assets	0.79	0.74	0.75	0.76	0.81	0.87	0.72	-0.97	0.74	0.82	0.78	0.68		0.81	0.61	-0.29	0.77	0.75	0.74	0.9	0.75	0.81	0.83	-0.29	0.96	0.99
Cash And Short Term Investments	0.97	0.96	0.97	0.97	0.62	0.81	0.96	-0.91	0.97	0.97	0.97	0.92	0.81		0.54	-0.24	0.66	0.96	0.96	0.97	0.96	1.0	0.97	-0.24	0.79	0.77
Net Receivables	0.46	0.39	0.41	0.41	0.89	0.83	0.38	-0.66	0.4	0.47	0.45	0.56	0.61	0.54		0.25	0.47	0.4	0.38	0.65	0.4	0.53	0.64	0.25	0.79	0.64
Common Stock Total Equity	-0.15	-0.16	-0.16	-0.17	-0.01	-0.02	-0.15	0.32	-0.16	-0.2	-0.14	0.09	-0.29	-0.24	0.25		-0.64	-0.16	-0.17	-0.3	-0.16	-0.24	-0.05	1.0	-0.21	-0.31
Common Stock Shares Outstanding	0.55	0.51	0.53	0.54	0.73	0.65	0.5	-0.82	0.52	0.6	0.54	0.4	0.77	0.66	0.47	-0.64		0.52	0.52	0.77	0.52	0.65	0.58	-0.65	0.78	0.79
Non Current Liabilities Total	1.0	1.0	1.0	1.0	0.48	0.68	1.0	-0.83	1.0	0.99	1.0	0.95	0.75	0.96	0.4	-0.16	0.52		1.0	0.89	1.0	0.97	0.95	-0.16	0.68	0.7
Other Current Assets	1.0	1.0	1.0	1.0	0.46	0.67	1.0	-0.83	1.0	0.98	1.0	0.94	0.74	0.96	0.38	-0.17	0.52	1.0		0.89	1.0	0.96	0.94	-0.17	0.67	0.69
Other Stockholder Equity	0.92	0.89	0.9	0.91	0.76	0.87	0.88	-0.97	0.89	0.94	0.91	0.85	0.9	0.97	0.65	-0.3	0.77	0.89	0.89		0.9	0.97	0.95	-0.3	0.91	0.88
Total Liab	1.0	1.0	1.0	1.0	0.48	0.69	1.0	-0.84	1.0	0.99	1.0	0.95	0.75	0.96	0.4	-0.16	0.52	1.0	1.0	0.9		0.97	0.95	-0.16	0.69	0.7
Total Current Assets	0.98	0.96	0.97	0.97	0.62	0.8	0.96	-0.91	0.97	0.98	0.97	0.93	0.81	1.0	0.53	-0.24	0.65	0.97	0.96	0.97	0.97		0.97	-0.24	0.79	0.77
Short Term Debt	0.97	0.95	0.95	0.96	0.69	0.86	0.94	-0.91	0.95	0.97	0.96	0.96	0.83	0.97	0.64	-0.05	0.58	0.95	0.94	0.95	0.95	0.97		-0.05	0.82	0.79
Common Stock	-0.15	-0.15	-0.16	-0.17	-0.01	-0.02	-0.15	0.32	-0.16	-0.2	-0.14	0.1	-0.29	-0.24	0.25	1.0	-0.65	-0.16	-0.17	-0.3	-0.16	-0.24	-0.05		-0.22	-0.31
Property Plant Equipment	0.73	0.67	0.69	0.7	0.92	0.92	0.66	-0.96	0.68	0.77	0.73	0.66	0.96	0.79	0.79	-0.21	0.78	0.68	0.67	0.91	0.69	0.79	0.82	-0.22		0.97
Other Liab	0.74	0.69	0.7	0.71	0.83	0.84	0.67	-0.96	0.69	0.78	0.74	0.62	0.99	0.77	0.64	-0.31	0.79	0.7	0.69	0.88	0.7	0.77	0.79	-0.31	0.97

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Nextdecade Corp Account Relationship Matchups

Nextdecade Corp balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	221.2M	201.7M	222.1M	312.4M	3.3B	3.5B
Other Current Liab	8.9M	3.3M	1.4M	23.2M	549.2M	576.7M
Total Current Liabilities	21.5M	5.1M	8.2M	25.4M	552.4M	580.0M
Total Stockholder Equity	187.6M	172.7M	188.3M	256.8M	287.9M	173.0M
Net Tangible Assets	187.6M	58.6M	188.3M	256.8M	295.3M	310.1M
Net Debt	(15.0M)	(22.2M)	(25.0M)	(61.2M)	1.7B	1.8B
Retained Earnings	(133.7M)	(148.0M)	(170.1M)	(230.1M)	(391.8M)	(372.2M)
Accounts Payable	11.9M	207K	281K	1.1M	243.1M	255.3M
Cash	15.7M	22.6M	25.6M	62.8M	294.5M	309.2M
Non Current Assets Total	142.4M	178.4M	195.7M	248.5M	3.0B	3.2B
Non Currrent Assets Other	6.7M	16.3M	21.3M	28.4M	393.2M	412.8M
Cash And Short Term Investments	77.9M	22.6M	25.6M	62.8M	294.5M	309.2M
Common Stock Shares Outstanding	109.1M	117.5M	119.2M	130.1M	194.6M	103.6M
Liabilities And Stockholders Equity	221.2M	201.7M	222.1M	312.4M	3.3B	3.5B
Non Current Liabilities Total	12.0M	23.8M	25.6M	30.3M	2.0B	2.1B
Other Current Assets	381K	267K	418K	107K	20.0M	21.0M
Other Stockholder Equity	223.4M	208.5M	189.9M	284.5M	679.7M	713.7M
Total Liab	33.6M	28.9M	33.8M	55.6M	2.6B	2.7B
Total Current Assets	78.8M	23.3M	26.4M	63.9M	314.5M	330.3M
Property Plant Equipment	134.6M	162.1M	173.8M	218.6M	251.4M	264.0M
Other Liab	12.0M	23.8M	25.6M	29.8M	34.3M	36.0M
Warrants	97.9M	112.3M	168.4M	202.4M	232.8M	135.7M
Retained Earnings Total Equity	(133.7M)	(148.0M)	(170.1M)	(230.1M)	(207.1M)	(196.8M)
Capital Surpluse	224.1M	209.5M	191.3M	289.1M	332.4M	173.9M
Treasury Stock	(685K)	(1.0M)	(1.3M)	(4.6M)	(4.1M)	(3.9M)
Property Plant And Equipment Net	135.6M	162.1M	174.4M	220.1M	2.6B	2.7B
Net Invested Capital	89.7M	60.4M	19.9M	54.4M	2.1B	2.2B
Property Plant And Equipment Gross	135.6M	161.7M	173.8M	221.1M	2.6B	2.7B
Net Working Capital	57.3M	18.1M	18.2M	38.6M	(237.9M)	(226.0M)

Pair Trading with Nextdecade Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextdecade Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextdecade Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nextdecade Stock

0.91

Antero Resources Corp

Pair Corr

Moving against Nextdecade Stock

0.75

CEI

Camber Energy

Pair Corr

The ability to find closely correlated positions to Nextdecade Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextdecade Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextdecade Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextdecade Corp to buy it.

The correlation of Nextdecade Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextdecade Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextdecade Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nextdecade Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Nextdecade Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nextdecade Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nextdecade Corp Stock. Highlighted below are key reports to facilitate an investment decision about Nextdecade Corp Stock:

How To Invest In Nextdecade

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Is Nextdecade Stock a good investment?

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What is Nextdecade Corp's Net Worth?

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For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Nextdecade Stock analysis

When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.

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Is Nextdecade Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextdecade Corp. If investors know Nextdecade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextdecade Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.60)

Return On Assets

(0.04)

Return On Equity

(0.01)

The market value of Nextdecade Corp is measured differently than its book value, which is the value of Nextdecade that is recorded on the company's balance sheet. Investors also form their own opinion of Nextdecade Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextdecade Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextdecade Corp's market value can be influenced by many factors that don't directly affect Nextdecade Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nextdecade Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextdecade Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextdecade Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Nextdecade Historical Balance Sheet

About Nextdecade Balance Sheet Analysis

Nextdecade Corp Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

Net Tangible Assets

Nextdecade Corp balance sheet Correlations

Nextdecade Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextdecade Corp balance sheet Accounts

Pair Trading with Nextdecade Corp

Moving together with Nextdecade Stock

Moving against Nextdecade Stock

Complementary Tools for Nextdecade Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Other Assets	- 0.97	Retained Earnings
Other Liab	- 0.96	Retained Earnings
Property Plant Equipment	- 0.96	Retained Earnings
Short Term Debt	- 0.91	Retained Earnings
Total Current Assets	- 0.91	Retained Earnings