NextDecade Balance Sheet Health
Financial Health criteria checks 0/6
NextDecade has a total shareholder equity of $1.3B and total debt of $2.8B, which brings its debt-to-equity ratio to 221.6%. Its total assets and total liabilities are $4.8B and $3.5B respectively.
Key information
221.6%
Debt to equity ratio
US$2.83b
Debt
| Interest coverage ratio | n/a |
| Cash | US$38.14m |
| Equity | US$1.28b |
| Total liabilities | US$3.48b |
| Total assets | US$4.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2XD's short term assets ($224.1M) do not cover its short term liabilities ($499.6M).
Long Term Liabilities: 2XD's short term assets ($224.1M) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: 2XD's net debt to equity ratio (218.6%) is considered high.
Reducing Debt: 2XD's debt to equity ratio has increased from 0% to 221.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2XD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2XD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 72.9% each year