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 27% 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 27% 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 · three times the market's own swing
- Worst drawdown on file
- −89%
Worst drawdown on file · −27% today
Details›
- Annualised volatilitytwo years of daily moves
- 66%
- Worst drawdown on file
- −89%
- Below its 52-week high
- 27%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
The closest names by size in the same industry