Nextdecade Net Income vs Invested Capital Analysis

NEXT Stock

USD 6.29 0.04 0.63%

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 Net Income and its Invested Capital 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.

Net Income vs Invested Capital

Net Income vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Net Income account and Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Nextdecade Corp's Net Income and Invested Capital is -0.74. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Invested Capital 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 Net Income and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Nextdecade Corp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Net Income i.e., Nextdecade Corp's Net Income and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Nextdecade Corp financial statement analysis. It represents the amount of money remaining after all of Nextdecade Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Nextdecade Corp. There are two different methods for calculating Nextdecade Corp invested capital: operating approach and financing approach. Understanding Nextdecade Corp invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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

	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

Click cells to compare fundamentals

Nextdecade Corp Account Relationship Matchups

Nextdecade Corp fundamental ratios 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)

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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:

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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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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

(0.94)

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.

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Nextdecade Net Income vs Invested Capital Analysis

Net Income vs Invested Capital

Net Income vs Invested Capital Correlation Analysis

Correlation Coefficient

Net Income

Invested Capital

Nextdecade Corp fundamental ratios Correlations

Nextdecade Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextdecade Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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