Nextdecade Corp Net Income vs. Total Debt
| NEXT Stock | USD 7.01 0.18 2.64% |
Net Loss | First Reported 2015-03-31 | Previous Quarter -32.6 M | Current Value -123.2 M | Quarterly Volatility 39.3 M |
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 Total Debt vs. Net Income 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 net income category among its peers. It is rated below average in total debt category among its peers . At this time, Nextdecade Corp's Net Loss 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 Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nextdecade Corp |
| = | (162.26 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Nextdecade Corp |
| = | 1.97 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Nextdecade Total Debt vs Competition
Nextdecade Corp is rated below average in total debt category among its peers. Total debt of Energy industry is now estimated at about 26.88 Billion. Nextdecade Corp holds roughly 1.97 Billion in total debt claiming about 7% of equities under Energy industry.
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
In addition to having Nextdecade Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.