NextDecade (NEXT) Interest Coverage Ratio (2016 - 2026)
NextDecade's (NEXT) quarterly Interest Coverage Ratio came in at 0.6 in Q2 2026, up 66.2% year-over-year from 0.36 in Q2 2025, and up 13.56% quarter-over-quarter from 0.7 in Q1 2026.
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Analysis
NextDecade (NEXT) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
NextDecade has disclosed Interest Coverage Ratio across 7 years of filings, most recently posting 0.6 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 66.2% year-over-year to 0.6; the TTM figure through Jun 2026 stood at 0.81 (up 61.94% YoY), while the FY2025 annual figure was 1.33, up 32.0% from the prior year.
- Interest Coverage Ratio came in at 0.6 for Q2 2026 at NextDecade, up from 0.7 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.6 in Q2 2026 to a low of 3.09 in Q3 2024.
- Average Interest Coverage Ratio over 4 years is 1.55, with a median of 1.65 recorded in 2024.
- Year-over-year, Interest Coverage Ratio sank 180.61% in 2024 and jumped 70.64% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 1.81 in 2023, then fell by 21.45% to 2.2 in 2024, then jumped by 70.64% to 0.65 in 2025, then advanced by 6.92% to 0.6 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.6 in Q2 2026, 0.7 in Q1 2026, and 0.65 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 55.40 Bn | 59.44 Bn | 5.29 Bn | 14.95 |
| 2 | Venture Global | 34.97 Bn | 35.26 Bn | 2.92 Bn | 4.47 |
| 3 | Cheniere Energy Partners | 31.41 Bn | 30.97 Bn | 1.82 Bn | 7.32 |
| 4 | Golar Lng | 5.25 Bn | 2.54 Bn | 88.31 Mn | 2.91 |
| 5 | Excelerate Energy | 4.22 Bn | 5.44 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.82 Bn | 4.20 Bn | - | -0.60 |
| 7 | Stabilis Solutions | 104.14 Mn | 89.82 Mn | 2.35 Mn | -123.72 |
| 8 | New Fortress Energy | 69.80 Mn | -309.13 Mn | 102.12 Mn | -0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.60 |
| Mar 31, 2026 | -0.70 |
| Dec 31, 2025 | -0.65 |
| Sep 30, 2025 | -1.79 |
| Jun 30, 2025 | -1.78 |
| Mar 31, 2025 | -1.91 |
| Dec 31, 2024 | -2.20 |
| Sep 30, 2024 | -3.09 |
| Jun 30, 2024 | -1.52 |
| Mar 31, 2024 | -1.50 |
| Dec 31, 2023 | -1.81 |
| Sep 30, 2023 | -1.10 |
| Mar 31, 2018 | -387.62 |
| Dec 31, 2017 | -1,494.09 |
| Sep 30, 2017 | -1,190.83 |
| Mar 31, 2017 | -302.13 |
| Dec 31, 2016 | -40.04 |
| Sep 30, 2016 | -171.75 |