NextDecade Corporation NEXT NASDAQ

NextDecade Corporation (NEXT) reported total assets of $12.43B and total liabilities of $10.12B for quarter ending 2025-12-31, resulting in total equity of $2.3B.

The company held $143.78M in cash and short-term investments. Total debt stood at $8.66B, with net debt of $8.51B. The Debt-to-Equity (D/E) ratio was 3.76 (leveraged).

Current ratio is 0.54, which may signal tight short-term liquidity. Interest coverage is -0.6x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (40/100) — Total assets $12.43B and equity $2.3B support the company's competitive scale
• VALUE (80/100) — Debt-to-Equity 3.76 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 26/100 with 1/7 criteria passed.