NEXTNextDecade Corporation
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Large price swings, high volatility. Worst drawdown -89% · now 31% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can NEXT take a bad year?
The deepest fall in NEXT's price history on file is −89%; it is 31% below its high today.
Altman Z-score · distress below 1.8 · safe above 3 · distress zone, the model puts this in the bankruptcy range
- Annualised volatility
- 66%
Annualised volatility · S&P 500 16% · about 4 times the market's own swing
- Worst drawdown on file
- −89%
Worst drawdown on file · −31% today
Details›
- Annualised volatilitytwo years of daily moves
- 66%
- Worst drawdown on file
- −89%
- Below its 52-week high
- 31%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
The balance sheet
What it owes against what it owns, and how close that comes to trouble.
How far can it fall?
How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.
Oil & Gas Equipment & Services
The closest names by size in the same industry