Nextdecade Corp Current Valuation vs. Debt To Equity
| NEXT Stock | USD 7.01 0.18 2.64% |
For Nextdecade Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nextdecade Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nextdecade Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nextdecade Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nextdecade Corp over time as well as its relative position and ranking within its peers.
Nextdecade |
Is Oil & Gas Storage & Transportation space 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 (1.12) | Return On Assets (0.02) | Return On Equity (0.49) |
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.
Nextdecade Corp Debt To Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nextdecade Corp's current stock value. Our valuation model uses many indicators to compare Nextdecade Corp value to that of its competitors to determine the firm's financial worth. Nextdecade Corp is rated below average in current valuation category among its peers. It is rated below average in debt to equity category among its peers . The ratio of Current Valuation to Debt To Equity for Nextdecade Corp is about 874,839,368,833 . At this time, Nextdecade Corp's Debt To Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nextdecade Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nextdecade Current Valuation vs. Competition
Nextdecade Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 126.23 Billion. Nextdecade Corp holds roughly 5.25 Billion in current valuation claiming about 4% of equities under Energy industry.
Nextdecade Debt To Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nextdecade Corp |
| = | 5.25 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Nextdecade Corp |
| = | 0.01 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Nextdecade Debt To Equity Comparison
Nextdecade Corp is currently under evaluation in debt to equity category among its peers.
Nextdecade Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nextdecade Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nextdecade Corp will eventually generate negative long term returns. The profitability progress is the general direction of Nextdecade Corp's change in net profit over the period of time. It can combine multiple indicators of Nextdecade Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.3 B | -3.2 B | |
| Operating Income | -122.7 M | -116.5 M | |
| Net Loss | -221.6 M | -210.6 M | |
| Income Before Tax | -221.6 M | -210.6 M | |
| Total Other Income Expense Net | -99 M | -94 M | |
| Net Loss | -75.9 M | -72.1 M | |
| Net Loss | -162.3 M | -154.1 M | |
| Income Tax Expense | -59.4 M | -56.4 M | |
| Net Interest Income | -50.3 M | -47.8 M | |
| Interest Income | 1.8 K | 1.7 K | |
| Non Operating Income Net Other | -5 M | -4.8 M | |
| Change To Netincome | 6.7 M | 7.1 M | |
| Net Loss | (0.83) | (0.88) | |
| Income Quality | 0.45 | 0.43 | |
| Net Income Per E B T | 0.73 | 0.71 |
Nextdecade Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nextdecade Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nextdecade Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nextdecade Corp's important profitability drivers and their relationship over time.
Use Nextdecade Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextdecade Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextdecade Corp will appreciate offsetting losses from the drop in the long position's value.Nextdecade Corp Pair Trading
Nextdecade Corp Pair Trading Analysis
The ability to find closely correlated positions to Nextdecade Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextdecade Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextdecade Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextdecade Corp to buy it.
The correlation of Nextdecade Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextdecade Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextdecade Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nextdecade Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nextdecade Corp position
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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.