Nextdecade Corp (NEXT) — Defensive Interval Ratio
Nextdecade Corp (NEXT) has a Defensive Interval Ratio of 315 days as of March 2023. Defensive assets of $30.11 Million (cash $-, short-term investments $-, receivables $30.11 Million) cover 315 days of daily cash needs of $95.59K/day. See working capital position of Nextdecade Corp to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nextdecade Corp Defensive Interval Ratio (2014–2022)
This chart shows how Nextdecade Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 315 days, meaning defensive assets of $30.11 Million can fund 315 days of operations without new revenue. See Nextdecade Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Nextdecade Corp (2014–2022)
The table below presents the year-by-year Defensive Interval Ratio for Nextdecade Corp from 2014 to 2022, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is Nextdecade Corp worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 408 days | $28.37 Million | $69.48K/day | $- | $- | ▲ +408 days |
| 2020 | 0 days | $0.00 | $14.09K/day | $- | $0.00 | ▼ -1054 days |
| 2019 | 1054 days | $62.21 Million | $59.02K/day | $- | $62.21 Million | ▼ -1133 days |
| 2018 | 2187 days | $72.45 Million | $33.12K/day | $- | $72.45 Million | ▲ +1967 days |
| 2017 | 220 days | $5.06 Million | $23.01K/day | $- | $5.06 Million | ▼ -327437 days |
| 2016 | 327657 days | $117.51 Million | $358.63/day | $- | $117.51 Million | ▼ -2154633 days |
| 2015 | 2482290 days | $117.37 Million | $47.28/day | $- | $117.37 Million | ▲ +2482133 days |
| 2014 | 157 days | $40.00K | $255.36/day | $- | $- | — |