Nextdecade Return On Tangible Assets from 2010 to 2026

NEXT Stock  USD 5.79  0.23  4.14%   
Nextdecade Corp's Return On Tangible Assets are increasing over recent years with slightly volatile volatility. It is projected to decline toward -0.0259. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
 First Reported
2010-12-31
 Previous Quarter
-0.02
 Current Value
-0.03
 Quarterly Volatility
11.55811614
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Review Nextdecade Corp financial statements over time to add context on performance and capital structure. Key drivers include Depreciation And Amortization of 12.7 M, Interest Expense of 178.5 M or Selling General Administrative of 212.4 M along with ratios such as Price To Sales Ratio of 0.0, Dividend Yield of 1.0E-4 or PTB Ratio of 13.77. This view complements Nextdecade Corp Valuation and Volatility modules.
  
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The evolution of Return On Tangible Assets for Nextdecade Corp provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Nextdecade Corp compares to historical norms and industry peers.

Latest Nextdecade Corp's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Nextdecade Corp over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Nextdecade Corp's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextdecade Corp's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Nextdecade Return On Tangible Assets Regression Statistics

Arithmetic Mean-7.34
Coefficient Of Variation-157.52
Mean Deviation 10.22
Median-0.16
Standard Deviation 11.56
Sample Variance 133.59
Range24.7058
R-Value 0.79
Mean Square Error 53.14
R-Squared 0.63
Significance 0.0002
Slope 1.81
Total Sum of Squares 2,137

Nextdecade Return On Tangible Assets History

2026 -0.0259
2025 -0.0247
2024 -0.009642
2023 -0.0488
2022 -0.19
2021 -0.0994
2020 -0.0717

About Nextdecade Corp

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas and capture and storage of CO2 emissions. It also focuses on a carbon capture and storage project at the terminal, as well as on other CCS projects with third-party industrial source facilities. Nextdecade Corp operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 57 people. The stock overview for Nextdecade Corp summarizes business drivers, financial profile, and market behavior. The company is positioned within Oil & Gas Storage & Transportation, Oil & Gas Equipment & Services, Energy. Current metrics include P/B of 9.53. Nextdecade Corp has a market cap of 1.47 B, ROE of -21.24%.

Methodology

Unless otherwise specified, financial data for Nextdecade Corp is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Nextdecade (USA Stocks:NEXT) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Inputs are aggregated from public filings and market reference sources and public institutions such as U.S. Securities and Exchange Commission (SEC) via EDGAR. Certain values may not reflect real-time changes. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Nextdecade Corp is covered by 4 analysts. 2 analysts have submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include Bernstein Research, Deutsche Bank, Morgan Stanley, BMO Capital Markets, Guggenheim Securities, among others. Updates may occur throughout the day.

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