NextDecade Balance Sheet
NASDAQ: NEXTEnergyOil & Gas Equipment & ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NextDecade financial position
At the end of fiscal 2025, NextDecade reported total assets of $12.43 billion, up 94.0% from a year earlier against total liabilities of $10.12 billion. Shareholders' equity stood at $95.3 million, or 0.8% of assets. The company held $143.8 million in cash and equivalents against $8.51 billion of debt, a net debt position of $8.37 billion.
The current ratio (current assets divided by current liabilities) was 0.54, meaning short-term obligations exceed short-term assets. Debt-to-equity was 89.27.
Summary generated from market data by MetaCap's automated system. Methodology
NextDecade balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 143.78M | 148.14M | 38.24M | 62.79M | 25.55M | 22.61M | 15.74M | 3.17M | 35.70M | 12.52M |
| Short-Term Investments | — | — | — | — | — | 0 | 62.21M | 72.45M | 5.06M | 5.00M |
| Total Current Assets | 718.05M | 412.57M | 314.52M | 63.94M | 26.39M | 23.28M | 78.80M | 76.93M | 42.87M | 19.20M |
| Property, Plant & Equipment | 10.57B | 5.02B | 2.44B | 218.65M | 173.82M | 161.66M | 134.59M | 92.07M | 73.23M | 56.23M |
| Total Assets | 12.43B | 6.40B | 3.32B | 312.43M | 222.10M | 201.67M | 221.19M | 169.00M | 116.09M | 75.78M |
| Accounts Payable | 443.95M | 244.64M | 243.13M | 1.08M | 281.00K | 207.00K | 11.91M | 719.00K | 726.00K | 1.17M |
| Short-Term Debt | — | — | — | 0 | — | — | — | — | — | — |
| Total Current Liabilities | 1.34B | 595.08M | 552.39M | 25.36M | 8.23M | 5.14M | 21.54M | 12.09M | 8.40M | 4.93M |
| Long-Term Debt | 8.51B | 3.92B | 1.82B | 0 | — | — | — | — | — | 60.00K |
| Total Liabilities | 10.12B | 4.66B | 2.58B | 55.62M | 33.81M | 28.93M | 33.58M | 19.53M | 13.00M | 7.68M |
| Shareholders' Equity | 95.34M | 377.64M | 287.92M | 54.37M | 19.89M | 60.43M | 89.72M | 83.22M | 103.09M | 68.10M |
| Retained Earnings | -759.96M | -453.52M | -391.77M | -230.14M | -170.07M | -148.03M | -133.70M | -97.62M | -55.62M | -20.29M |
| Total Debt | 8.51B | 3.92B | 1.82B | 0 | — | — | — | — | — | 60.00K |
| Net Cash (Debt) | -8.37B | -3.77B | -1.78B | 62.79M | 25.55M | 22.61M | 77.94M | 75.62M | 40.77M | 17.46M |
| Shares Outstanding | 264.80M | 260.20M | 256.50M | 143.50M | 120.80M | 117.80M | 117.30M | 106.90M | 106.30M | 95.70M |
This table shows 10 annual periods of NextDecade's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, short-term investments, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow NEXT's reporting calendar. What is a balance sheet?