Nextdecade Corp - Asset Resilience Ratio
Nextdecade Corp (NEXT) has an Asset Resilience Ratio of 0.00% as of December 2020. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See NEXT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2020)
This chart shows how Nextdecade Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see NEXT asset base.
Liquid Assets Composition Over Time
This chart breaks down Nextdecade Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read total liabilities of Nextdecade Corp for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Nextdecade Corp maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Nextdecade Corp Industry Peers by Asset Resilience Ratio
Compare Nextdecade Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Expro Group Holdings NV
NYSE:XPRO |
Oil & Gas Equipment & Services | 0.24% |
|
High Arctic Energy Services Inc.
TO:HWO |
Oil & Gas Equipment & Services | 11.02% |
|
Worley Ltd
AU:WOR |
Oil & Gas Equipment & Services | -1.28% |
|
Exmar NV
BR:EXM |
Oil & Gas Equipment & Services | 0.15% |
|
Lupatech S.A
SA:LUPA3 |
Oil & Gas Equipment & Services | 0.43% |
|
OSX Brasil S.A
SA:OSXB3 |
Oil & Gas Equipment & Services | 1.35% |
|
CES Energy Solutions Corp
TO:CEU |
Oil & Gas Equipment & Services | 11.28% |
|
Enerflex Ltd.
TO:EFX |
Oil & Gas Equipment & Services | 1.61% |
Annual Asset Resilience Ratio for Nextdecade Corp (2015–2020)
The table below shows the annual Asset Resilience Ratio data for Nextdecade Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.00% | $0.00 | $201.67 Million | -- |
| 2019-12-31 | 28.12% | $62.21 Million | $221.19 Million | -14.75pp |
| 2018-12-31 | 42.87% | $72.45 Million | $169.00 Million | +38.51pp |
| 2017-12-31 | 4.36% | $5.06 Million | $116.09 Million | -95.60pp |
| 2016-12-31 | 99.96% | $117.51 Million | $117.55 Million | +0.33pp |
| 2015-12-31 | 99.63% | $117.37 Million | $117.81 Million | -- |
About Nextdecade Corp
NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company focuses on the development activities on the Rio Grande liquefied natural gas (LNG) terminal facility located in the Port of Brownsville in southern Texas; and a carbon capture and storage project (CCS project) at the termin… Read more