Nextdecade Tangible Asset Value vs Working Capital Analysis
NEXT Stock | USD 6.33 0.13 2.10% |
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 Tangible Asset Value and its Working 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.
Tangible Asset Value vs Working Capital
Tangible Asset Value vs Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Tangible Asset Value account and Working Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Nextdecade Corp's Tangible Asset Value and Working Capital is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Working 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 Tangible Asset Value and Working 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 Tangible Asset Value of Nextdecade Corp are associated (or correlated) with its Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Working Capital has no effect on the direction of Tangible Asset Value i.e., Nextdecade Corp's Tangible Asset Value and Working Capital go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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.