Nextdecade Weighted Average Shares vs Return on Average Equity Analysis

NEXT Stock  USD 5.39  0.11  2.00%   
Trend analysis of Nextdecade Corp balance sheet accounts such as Total Current Liabilities of 580 M provides information on Nextdecade Corp's total assets, liabilities, and equity, which is the actual value of Nextdecade Corp to its prevalent stockholders. By breaking down trends over time using Nextdecade Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Nextdecade Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nextdecade Corp at a specified time, usually calculated after every quarter, six months, or one year. Nextdecade Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nextdecade Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nextdecade currently owns. An asset can also be divided into two categories, current and non-current.

Nextdecade Corp Balance Sheet Chart

Nextdecade Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Nextdecade Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Nextdecade Corp's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 412.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 12 K in 2024.

Total Assets

Total assets refers to the total amount of Nextdecade Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nextdecade Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Nextdecade Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nextdecade Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Multiple is likely to drop (22.83) 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
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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.