Nextdecade Corp (NEXT) — Financial Flexibility Index
Nextdecade Corp (NEXT) has a Financial Flexibility Index of 0.16x as of September 2025. Free cash flow of $1.28 Billion (operating CF $-76.02 Million minus capex $1.36 Billion) represents 0% of total liabilities ($8.03 Billion). Check NEXT cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nextdecade Corp Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for Nextdecade Corp across 11 annual periods. For the full cash flow conversion analysis, see NEXT cash flow conversion.
Annual Financial Flexibility Index for Nextdecade Corp (2014–2024)
Year-by-year free cash flow to debt coverage for Nextdecade Corp. Explore Nextdecade Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.53x | $2.47 Billion | $-95.58 Million | $4.66 Billion | ▼ -17.6% |
| 2023 | 0.64x | $1.66 Billion | $-73.62 Million | $2.58 Billion | ▲ +666.6% |
| 2022 | -0.11x | $-6.32 Million | $-40.08 Million | $55.62 Million | ▲ +34.3% |
| 2021 | -0.17x | $-5.86 Million | $-17.96 Million | $33.81 Million | ▼ -182.1% |
| 2020 | 0.21x | $6.10 Million | $-26.25 Million | $28.93 Million | ▲ +134.7% |
| 2019 | -0.61x | $-20.40 Million | $-40.70 Million | $33.58 Million | ▼ -156.4% |
| 2018 | -0.24x | $-4.63 Million | $-23.29 Million | $19.53 Million | ▼ -253.7% |
| 2017 | 0.15x | $2.00 Million | $-12.83 Million | $13.00 Million | ▼ -96.3% |
| 2016 | 4.19x | $18.91 Million | $-483.14K | $4.52 Million | ▲ +4637.8% |
| 2015 | -0.09x | $-400.67K | $-433.88K | $4.34 Million | ▼ -375.4% |
| 2014 | -0.02x | $-1.81K | $-2.20K | $93.21K | — |