Nextdecade Corp Stock Net Asset

NEXT Stock  USD 7.06  0.06  0.84%   
Nextdecade Corp fundamentals help investors to digest information that contributes to Nextdecade Corp's financial success or failures. It also enables traders to predict the movement of Nextdecade Stock. The fundamental analysis module provides a way to measure Nextdecade Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextdecade Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nextdecade Corp Company Net Asset Analysis

Nextdecade Corp's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

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Current Nextdecade Corp Net Asset

    
  3.32 B  
Most of Nextdecade Corp's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextdecade Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nextdecade Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Nextdecade Corp is extremely important. It helps to project a fair market value of Nextdecade Stock properly, considering its historical fundamentals such as Net Asset. Since Nextdecade Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nextdecade Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nextdecade Corp's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Nextdecade Total Assets

Total Assets

3.49 Billion

At this time, Nextdecade Corp's Total Assets are comparatively stable compared to the past year.
Based on the recorded statements, Nextdecade Corp has a Net Asset of 3.32 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.

Nextdecade Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextdecade Corp's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextdecade Corp could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics of similar companies.
Nextdecade Corp is currently under evaluation in net asset category among its peers.

Nextdecade Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nextdecade Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextdecade Corp's managers, analysts, and investors.
Environmental
Governance
Social

Nextdecade Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Nextdecade Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nextdecade Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nextdecade Corp's value.
Shares
Catalyst Capital Advisors Llc2024-09-30
3.6 M
Geode Capital Management, Llc2024-09-30
M
Tortoise Midstream Energy Fund, Inc.2024-09-30
2.9 M
Adage Capital Partners Gp Llc2024-09-30
2.5 M
State Street Corp2024-09-30
2.3 M
Bank Of America Corp2024-06-30
2.3 M
Mirae Asset Global Etfs Holdings Ltd.2024-09-30
2.1 M
Wolf Hill Capital Management, Lp2024-09-30
1.9 M
Citadel Advisors Llc2024-09-30
1.5 M
Blackrock Inc2024-06-30
18.9 M
Mubadala Investment Company Pjsc2024-09-30
14.2 M

Nextdecade Fundamentals

About Nextdecade Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextdecade Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextdecade Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextdecade Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional 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.