NextDecade Corporation

NasdaqCM NEXT

NextDecade Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: -0.53

NextDecade Corporation Interest Coverage Ratio is -0.53 for the Trailing 12 Months (TTM) ending September 30, 2024, a 91.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

NextDecade Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was -6.23, a -25.36% change year over year.
NextDecade Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was -4.97.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NasdaqCM: NEXT

NextDecade Corporation

CEO	Mr. Matthew K. Schatzman
IPO Date	June 16, 2015
Location	United States
Headquarters	1000 Louisiana Street
Employees	147
Sector	Energy
Industries Oil & Gas Gas Petrochemicals

Description

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 is based in Houston, Texas.

Key trends

Past 5 years