Nextdecade Capital Surpluse vs Net Invested Capital Analysis

NEXT Stock  USD 7.06  0.06  0.84%   
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 Capital Surpluse and its Net Invested 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 closely tied 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.

Capital Surpluse vs Net Invested Capital

Capital Surpluse vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nextdecade Corp's Capital Surpluse and Net Invested Capital is 0.43. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested 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 Capital Surpluse and Net Invested 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 Capital Surpluse of Nextdecade Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Nextdecade Corp's Capital Surpluse and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or 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 closely tied 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 (24.47) in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization2.2M168K159.6K
Interest Income2K1.8K1.7K

Nextdecade Corp fundamental ratios Correlations

1.01.01.00.540.730.99-0.871.00.381.00.950.790.240.46-0.150.551.01.00.921.00.980.98-0.150.730.74
1.01.01.00.470.681.0-0.831.00.321.00.950.740.180.39-0.160.511.01.00.891.00.960.96-0.150.670.69
1.01.01.00.50.711.0-0.851.00.361.00.950.770.220.42-0.170.541.01.00.911.00.970.98-0.170.710.72
1.01.01.00.490.71.0-0.851.00.351.00.950.760.210.41-0.170.541.01.00.911.00.970.97-0.170.70.71
0.540.470.50.490.90.45-0.830.480.780.530.530.810.710.89-0.010.730.480.470.760.480.620.66-0.010.920.83
0.730.680.710.70.90.66-0.890.690.70.720.730.870.670.83-0.020.650.680.680.870.690.80.83-0.020.920.84
0.991.01.01.00.450.66-0.811.00.291.00.950.730.160.38-0.150.51.01.00.881.00.960.96-0.150.660.68
-0.87-0.83-0.85-0.85-0.83-0.89-0.81-0.83-0.71-0.86-0.77-0.97-0.56-0.660.32-0.82-0.83-0.83-0.97-0.84-0.91-0.930.32-0.96-0.96
1.01.01.01.00.480.691.0-0.830.321.00.950.740.20.4-0.160.521.01.00.891.00.970.96-0.160.680.69
0.380.320.360.350.780.70.29-0.710.320.370.290.740.590.59-0.310.750.330.320.610.330.450.52-0.310.780.76
1.01.01.01.00.530.721.0-0.861.00.370.950.780.220.45-0.140.541.01.00.911.00.970.98-0.140.730.74
0.950.950.950.950.530.730.95-0.770.950.290.950.680.20.560.090.40.950.950.850.950.930.940.10.660.62
0.790.740.770.760.810.870.73-0.970.740.740.780.680.480.61-0.290.770.750.740.90.750.810.87-0.290.960.99
0.240.180.220.210.710.670.16-0.560.20.590.220.20.480.64-0.360.670.180.180.560.190.430.33-0.350.630.49
0.460.390.420.410.890.830.38-0.660.40.590.450.560.610.640.250.470.40.390.650.40.530.560.250.790.64
-0.15-0.16-0.17-0.17-0.01-0.02-0.150.32-0.16-0.31-0.140.09-0.29-0.360.25-0.64-0.16-0.16-0.3-0.16-0.24-0.131.0-0.21-0.31
0.550.510.540.540.730.650.5-0.820.520.750.540.40.770.670.47-0.640.520.510.770.520.650.61-0.650.780.79
1.01.01.01.00.480.681.0-0.831.00.331.00.950.750.180.4-0.160.521.00.891.00.970.97-0.160.680.7
1.01.01.01.00.470.681.0-0.831.00.321.00.950.740.180.39-0.160.511.00.891.00.960.96-0.160.680.69
0.920.890.910.910.760.870.88-0.970.890.610.910.850.90.560.65-0.30.770.890.890.90.970.95-0.30.910.88
1.01.01.01.00.480.691.0-0.841.00.331.00.950.750.190.4-0.160.521.01.00.90.970.97-0.160.690.7
0.980.960.970.970.620.80.96-0.910.970.450.970.930.810.430.53-0.240.650.970.960.970.970.97-0.240.790.77
0.980.960.980.970.660.830.96-0.930.960.520.980.940.870.330.56-0.130.610.970.960.950.970.97-0.130.830.83
-0.15-0.15-0.17-0.17-0.01-0.02-0.150.32-0.16-0.31-0.140.1-0.29-0.350.251.0-0.65-0.16-0.16-0.3-0.16-0.24-0.13-0.22-0.31
0.730.670.710.70.920.920.66-0.960.680.780.730.660.960.630.79-0.210.780.680.680.910.690.790.83-0.220.97
0.740.690.720.710.830.840.68-0.960.690.760.740.620.990.490.64-0.310.790.70.690.880.70.770.83-0.310.97
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 Liab8.9M4.1M6.8M22.1M303.0M318.1M
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)1.9B2.0B
Retained Earnings(133.7M)(148.0M)(170.1M)(230.1M)(391.8M)(372.2M)
Accounts Payable11.9M207K281K1.1M243.1M255.3M
Cash15.7M22.6M25.6M62.8M38.2M22.5M
Non Current Assets Total142.4M178.4M195.7M248.5M3.0B3.2B
Non Currrent Assets Other6.7M16.3M21.3M28.4M393.2M412.8M
Cash And Short Term Investments77.9M22.6M25.6M62.8M38.2M37.8M
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 Assets381K670K731K1.1M276.3M290.1M
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
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)

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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.