Nextdecade Operating Income vs Free Cash Flow Analysis
NEXT Stock | USD 6.80 0.04 0.58% |
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 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.
Operating Income vs Free Cash Flow
Operating Income 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 Operating Income account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nextdecade Corp's Operating Income and Free Cash Flow is 0.91. Overlapping area represents the amount of variation of Operating Income 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 Operating Income 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 Operating Income 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 Operating Income i.e., Nextdecade Corp's Operating Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.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
Click cells to compare fundamentals
Nextdecade Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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.