Nextdecade Operating Income vs Enterprise Value Analysis

NEXT Stock

USD 5.94 0.05 0.83%

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 Operating Income and its Enterprise Value 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.

Operating Income vs Enterprise Value

Operating Income vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Operating Income account and Enterprise Value. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nextdecade Corp's Operating Income and Enterprise Value is -0.65. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Enterprise Value 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 Operating Income and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nextdecade Corp are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Operating Income i.e., Nextdecade Corp's Operating Income and Enterprise Value go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Nextdecade Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nextdecade Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Nextdecade Corp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Nextdecade Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Nextdecade Corp value than its market capitalization because it takes into account all of Nextdecade Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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 Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 267.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (22.83) 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
Accumulated Other Comprehensive Income	(40K)	(66.3M)	(793K)	(3.3B)	(3.0B)	(2.8B)
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)

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

Details

Is Nextdecade Stock a good investment?

Details

What is Nextdecade Corp's Net Worth?

Details

Largest Oil & Gas E&P Companies

View

Largest Energy Companies

View

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.

	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	CEOs Directory Screen CEOs from public companies around the world
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nextdecade Operating Income vs Enterprise Value Analysis

Operating Income vs Enterprise Value

Operating Income vs Enterprise Value Correlation Analysis

Correlation Coefficient

Operating Income

Enterprise Value

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