Nextdecade Free Cash Flow vs Investments Analysis

NEXT Stock

USD 6.63 0.09 1.34%

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 Free Cash Flow and its Investments 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.

Free Cash Flow vs Investments

Free Cash Flow vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Free Cash Flow account and Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Nextdecade Corp's Free Cash Flow and Investments is 1.0. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Investments 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 Free Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Nextdecade Corp are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Free Cash Flow i.e., Nextdecade Corp's Free Cash Flow and Investments go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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 Amortization	2.2M	168K	159.6K
Interest Income	2K	1.8K	1.7K

Depreciation And Amortization Interest Income

Nextdecade Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Liab
Total Assets		1.0	1.0	1.0	0.54	0.73	0.99	-0.87	1.0	0.38	1.0	0.95	0.79	0.24	0.46	-0.15	0.55	1.0	1.0	0.92	1.0	0.98	0.98	-0.15	0.73	0.74
Short Long Term Debt Total	1.0		1.0	1.0	0.47	0.68	1.0	-0.83	1.0	0.32	1.0	0.95	0.74	0.18	0.39	-0.16	0.51	1.0	1.0	0.89	1.0	0.96	0.96	-0.15	0.67	0.69
Other Current Liab	1.0	1.0		1.0	0.5	0.71	1.0	-0.85	1.0	0.36	1.0	0.95	0.77	0.22	0.42	-0.17	0.54	1.0	1.0	0.91	1.0	0.97	0.98	-0.17	0.71	0.72
Total Current Liabilities	1.0	1.0	1.0		0.49	0.7	1.0	-0.85	1.0	0.35	1.0	0.95	0.76	0.21	0.41	-0.17	0.54	1.0	1.0	0.91	1.0	0.97	0.97	-0.17	0.7	0.71
Total Stockholder Equity	0.54	0.47	0.5	0.49		0.9	0.45	-0.83	0.48	0.78	0.53	0.53	0.81	0.71	0.89	-0.01	0.73	0.48	0.47	0.76	0.48	0.62	0.66	-0.01	0.92	0.83
Net Tangible Assets	0.73	0.68	0.71	0.7	0.9		0.66	-0.89	0.69	0.7	0.72	0.73	0.87	0.67	0.83	-0.02	0.65	0.68	0.68	0.87	0.69	0.8	0.83	-0.02	0.92	0.84
Net Debt	0.99	1.0	1.0	1.0	0.45	0.66		-0.81	1.0	0.29	1.0	0.95	0.73	0.16	0.38	-0.15	0.5	1.0	1.0	0.88	1.0	0.96	0.96	-0.15	0.66	0.68
Retained Earnings	-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	-0.66	0.32	-0.82	-0.83	-0.83	-0.97	-0.84	-0.91	-0.93	0.32	-0.96	-0.96
Accounts Payable	1.0	1.0	1.0	1.0	0.48	0.69	1.0	-0.83		0.32	1.0	0.95	0.74	0.2	0.4	-0.16	0.52	1.0	1.0	0.89	1.0	0.97	0.96	-0.16	0.68	0.69
Cash	0.38	0.32	0.36	0.35	0.78	0.7	0.29	-0.71	0.32		0.37	0.29	0.74	0.59	0.59	-0.31	0.75	0.33	0.32	0.61	0.33	0.45	0.52	-0.31	0.78	0.76
Non Current Assets Total	1.0	1.0	1.0	1.0	0.53	0.72	1.0	-0.86	1.0	0.37		0.95	0.78	0.22	0.45	-0.14	0.54	1.0	1.0	0.91	1.0	0.97	0.98	-0.14	0.73	0.74
Non Currrent Assets Other	0.95	0.95	0.95	0.95	0.53	0.73	0.95	-0.77	0.95	0.29	0.95		0.68	0.2	0.56	0.09	0.4	0.95	0.95	0.85	0.95	0.93	0.94	0.1	0.66	0.62
Other Assets	0.79	0.74	0.77	0.76	0.81	0.87	0.73	-0.97	0.74	0.74	0.78	0.68		0.48	0.61	-0.29	0.77	0.75	0.74	0.9	0.75	0.81	0.87	-0.29	0.96	0.99
Cash And Short Term Investments	0.24	0.18	0.22	0.21	0.71	0.67	0.16	-0.56	0.2	0.59	0.22	0.2	0.48		0.64	-0.36	0.67	0.18	0.18	0.56	0.19	0.43	0.33	-0.35	0.63	0.49
Net Receivables	0.46	0.39	0.42	0.41	0.89	0.83	0.38	-0.66	0.4	0.59	0.45	0.56	0.61	0.64		0.25	0.47	0.4	0.39	0.65	0.4	0.53	0.56	0.25	0.79	0.64
Common Stock Total Equity	-0.15	-0.16	-0.17	-0.17	-0.01	-0.02	-0.15	0.32	-0.16	-0.31	-0.14	0.09	-0.29	-0.36	0.25		-0.64	-0.16	-0.16	-0.3	-0.16	-0.24	-0.13	1.0	-0.21	-0.31
Common Stock Shares Outstanding	0.55	0.51	0.54	0.54	0.73	0.65	0.5	-0.82	0.52	0.75	0.54	0.4	0.77	0.67	0.47	-0.64		0.52	0.51	0.77	0.52	0.65	0.61	-0.65	0.78	0.79
Non Current Liabilities Total	1.0	1.0	1.0	1.0	0.48	0.68	1.0	-0.83	1.0	0.33	1.0	0.95	0.75	0.18	0.4	-0.16	0.52		1.0	0.89	1.0	0.97	0.97	-0.16	0.68	0.7
Other Current Assets	1.0	1.0	1.0	1.0	0.47	0.68	1.0	-0.83	1.0	0.32	1.0	0.95	0.74	0.18	0.39	-0.16	0.51	1.0		0.89	1.0	0.96	0.96	-0.16	0.68	0.69
Other Stockholder Equity	0.92	0.89	0.91	0.91	0.76	0.87	0.88	-0.97	0.89	0.61	0.91	0.85	0.9	0.56	0.65	-0.3	0.77	0.89	0.89		0.9	0.97	0.95	-0.3	0.91	0.88
Total Liab	1.0	1.0	1.0	1.0	0.48	0.69	1.0	-0.84	1.0	0.33	1.0	0.95	0.75	0.19	0.4	-0.16	0.52	1.0	1.0	0.9		0.97	0.97	-0.16	0.69	0.7
Total Current Assets	0.98	0.96	0.97	0.97	0.62	0.8	0.96	-0.91	0.97	0.45	0.97	0.93	0.81	0.43	0.53	-0.24	0.65	0.97	0.96	0.97	0.97		0.97	-0.24	0.79	0.77
Short Term Debt	0.98	0.96	0.98	0.97	0.66	0.83	0.96	-0.93	0.96	0.52	0.98	0.94	0.87	0.33	0.56	-0.13	0.61	0.97	0.96	0.95	0.97	0.97		-0.13	0.83	0.83
Common Stock	-0.15	-0.15	-0.17	-0.17	-0.01	-0.02	-0.15	0.32	-0.16	-0.31	-0.14	0.1	-0.29	-0.35	0.25	1.0	-0.65	-0.16	-0.16	-0.3	-0.16	-0.24	-0.13		-0.22	-0.31
Property Plant Equipment	0.73	0.67	0.71	0.7	0.92	0.92	0.66	-0.96	0.68	0.78	0.73	0.66	0.96	0.63	0.79	-0.21	0.78	0.68	0.68	0.91	0.69	0.79	0.83	-0.22		0.97
Other Liab	0.74	0.69	0.72	0.71	0.83	0.84	0.68	-0.96	0.69	0.76	0.74	0.62	0.99	0.49	0.64	-0.31	0.79	0.7	0.69	0.88	0.7	0.77	0.83	-0.31	0.97

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Nextdecade Corp Account Relationship Matchups

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	4.1M	6.8M	22.1M	303.0M	318.1M
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)	1.9B	2.0B
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	38.2M	22.5M
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	38.2M	37.8M
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	670K	731K	1.1M	276.3M	290.1M
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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