Nextdecade Free Cash Flow per Share vs Free Cash Flow Analysis

NEXT Stock  USD 6.20  0.09  1.47%   
Nextdecade Corp financial indicator trend analysis is infinitely more than just investigating Nextdecade Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextdecade Corp is a good investment. Please check the relationship between Nextdecade Corp Free Cash Flow Per Share and its Free Cash Flow accounts. 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.

Free Cash Flow Per Share vs Free Cash Flow

Free Cash Flow per Share vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Free Cash Flow per Share account and Free Cash Flow. At this time, the significance of the direction appears to have totally related.
The correlation between Nextdecade Corp's Free Cash Flow per Share and Free Cash Flow is 1.0. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Nextdecade Corp, assuming nothing else is changed. The correlation between historical values of Nextdecade Corp's Free Cash Flow per Share and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Nextdecade Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow per Share i.e., Nextdecade Corp's Free Cash Flow per Share and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Nextdecade Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 211.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 105.9 K in 2024.

Nextdecade Corp fundamental ratios Correlations

1.01.01.00.540.730.99-0.871.00.991.00.950.790.970.46-0.150.551.01.00.921.00.980.97-0.150.730.74
1.01.01.00.470.681.0-0.831.00.981.00.950.740.960.39-0.160.511.01.00.891.00.960.95-0.150.670.69
1.01.01.00.490.71.0-0.841.00.991.00.950.750.970.41-0.160.531.01.00.91.00.970.95-0.160.690.7
1.01.01.00.490.71.0-0.851.00.991.00.950.760.970.41-0.170.541.01.00.911.00.970.96-0.170.70.71
0.540.470.490.490.90.45-0.830.480.570.530.530.810.620.89-0.010.730.480.460.760.480.620.69-0.010.920.83
0.730.680.70.70.90.66-0.890.690.760.720.730.870.810.83-0.020.650.680.670.870.690.80.86-0.020.920.84
0.991.01.01.00.450.66-0.811.00.981.00.950.720.960.38-0.150.51.01.00.881.00.960.94-0.150.660.67
-0.87-0.83-0.84-0.85-0.83-0.89-0.81-0.83-0.89-0.86-0.77-0.97-0.91-0.660.32-0.82-0.83-0.83-0.97-0.84-0.91-0.910.32-0.96-0.96
1.01.01.01.00.480.691.0-0.830.981.00.950.740.970.4-0.160.521.01.00.891.00.970.95-0.160.680.69
0.990.980.990.990.570.760.98-0.890.980.990.930.820.970.47-0.20.60.990.980.940.990.980.97-0.20.770.78
1.01.01.01.00.530.721.0-0.861.00.990.950.780.970.45-0.140.541.01.00.911.00.970.96-0.140.730.74
0.950.950.950.950.530.730.95-0.770.950.930.950.680.920.560.090.40.950.940.850.950.930.960.10.660.62
0.790.740.750.760.810.870.72-0.970.740.820.780.680.810.61-0.290.770.750.740.90.750.810.83-0.290.960.99
0.970.960.970.970.620.810.96-0.910.970.970.970.920.810.54-0.240.660.960.960.970.961.00.97-0.240.790.77
0.460.390.410.410.890.830.38-0.660.40.470.450.560.610.540.250.470.40.380.650.40.530.640.250.790.64
-0.15-0.16-0.16-0.17-0.01-0.02-0.150.32-0.16-0.2-0.140.09-0.29-0.240.25-0.64-0.16-0.17-0.3-0.16-0.24-0.051.0-0.21-0.31
0.550.510.530.540.730.650.5-0.820.520.60.540.40.770.660.47-0.640.520.520.770.520.650.58-0.650.780.79
1.01.01.01.00.480.681.0-0.831.00.991.00.950.750.960.4-0.160.521.00.891.00.970.95-0.160.680.7
1.01.01.01.00.460.671.0-0.831.00.981.00.940.740.960.38-0.170.521.00.891.00.960.94-0.170.670.69
0.920.890.90.910.760.870.88-0.970.890.940.910.850.90.970.65-0.30.770.890.890.90.970.95-0.30.910.88
1.01.01.01.00.480.691.0-0.841.00.991.00.950.750.960.4-0.160.521.01.00.90.970.95-0.160.690.7
0.980.960.970.970.620.80.96-0.910.970.980.970.930.811.00.53-0.240.650.970.960.970.970.97-0.240.790.77
0.970.950.950.960.690.860.94-0.910.950.970.960.960.830.970.64-0.050.580.950.940.950.950.97-0.050.820.79
-0.15-0.15-0.16-0.17-0.01-0.02-0.150.32-0.16-0.2-0.140.1-0.29-0.240.251.0-0.65-0.16-0.17-0.3-0.16-0.24-0.05-0.22-0.31
0.730.670.690.70.920.920.66-0.960.680.770.730.660.960.790.79-0.210.780.680.670.910.690.790.82-0.220.97
0.740.690.70.710.830.840.67-0.960.690.780.740.620.990.770.64-0.310.790.70.690.880.70.770.79-0.310.97
Click cells to compare fundamentals

Nextdecade Corp Account Relationship Matchups

Nextdecade Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets221.2M201.7M222.1M312.4M3.3B3.5B
Other Current Liab8.9M3.3M1.4M23.2M549.2M576.7M
Total Current Liabilities21.5M5.1M8.2M25.4M552.4M580.0M
Total Stockholder Equity187.6M172.7M188.3M256.8M287.9M173.0M
Net Tangible Assets187.6M58.6M188.3M256.8M295.3M310.1M
Net Debt(15.0M)(22.2M)(25.0M)(61.2M)1.7B1.8B
Retained Earnings(133.7M)(148.0M)(170.1M)(230.1M)(391.8M)(372.2M)
Accounts Payable11.9M207K281K1.1M243.1M255.3M
Cash15.7M22.6M25.6M62.8M294.5M309.2M
Non Current Assets Total142.4M178.4M195.7M248.5M3.0B3.2B
Non Currrent Assets Other6.7M16.3M21.3M28.4M393.2M412.8M
Cash And Short Term Investments77.9M22.6M25.6M62.8M294.5M309.2M
Common Stock Shares Outstanding109.1M117.5M119.2M130.1M194.6M103.6M
Liabilities And Stockholders Equity221.2M201.7M222.1M312.4M3.3B3.5B
Non Current Liabilities Total12.0M23.8M25.6M30.3M2.0B2.1B
Other Current Assets381K267K418K107K20.0M21.0M
Other Stockholder Equity223.4M208.5M189.9M284.5M679.7M713.7M
Total Liab33.6M28.9M33.8M55.6M2.6B2.7B
Total Current Assets78.8M23.3M26.4M63.9M314.5M330.3M
Property Plant Equipment134.6M162.1M173.8M218.6M251.4M264.0M
Other Liab12.0M23.8M25.6M29.8M34.3M36.0M
Warrants97.9M112.3M168.4M202.4M232.8M135.7M
Retained Earnings Total Equity(133.7M)(148.0M)(170.1M)(230.1M)(207.1M)(196.8M)
Capital Surpluse224.1M209.5M191.3M289.1M332.4M173.9M
Treasury Stock(685K)(1.0M)(1.3M)(4.6M)(4.1M)(3.9M)
Property Plant And Equipment Net135.6M162.1M174.4M220.1M2.6B2.7B
Net Invested Capital89.7M60.4M19.9M54.4M2.1B2.2B
Property Plant And Equipment Gross135.6M161.7M173.8M221.1M2.6B2.7B
Net Working Capital57.3M18.1M18.2M38.6M(237.9M)(226.0M)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nextdecade Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nextdecade Corp's short interest history, or implied volatility extrapolated from Nextdecade Corp options trading.

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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:
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.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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
(0.94)
Return On Assets
(0.04)
Return On Equity
(0.44)
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.