Nextdecade Sale Purchase Of Stock vs Change In Cash 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 Sale Purchase Of Stock and its Change In Cash 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.

Sale Purchase Of Stock vs Change In Cash

Sale Purchase Of Stock vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextdecade Corp Sale Purchase Of Stock account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Nextdecade Corp's Sale Purchase Of Stock and Change In Cash is -0.2. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change In Cash 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 Sale Purchase Of Stock and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Nextdecade Corp are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Sale Purchase Of Stock i.e., Nextdecade Corp's Sale Purchase Of Stock and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Sale Purchase Of Stock

Change In Cash

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

Click cells to compare fundamentals

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)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC