New Total Assets from 2010 to 2024

NFE Stock  USD 13.29  0.19  1.45%   
New Fortress' Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 11 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2016-12-31
Previous Quarter
11.4 B
Current Value
12 B
Quarterly Volatility
4.1 B
 
Covid
Check New Fortress financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Fortress' main balance sheet or income statement drivers, such as Tax Provision of 75.9 M, Interest Income of 8.2 M or Depreciation And Amortization of 196.7 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0978 or PTB Ratio of 4.08. New financial statements analysis is a perfect complement when working with New Fortress Valuation or Volatility modules.
  
Check out the analysis of New Fortress Correlation against competitors.

Latest New Fortress' Total Assets Growth Pattern

Below is the plot of the Total Assets of New Fortress Energy over the last few years. Total assets refers to the total amount of New Fortress assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in New Fortress Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. New Fortress' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Fortress' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.5 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

New Total Assets Regression Statistics

Arithmetic Mean2,863,000,083
Geometric Mean1,109,182,677
Coefficient Of Variation139.14
Mean Deviation3,287,616,789
Median389,054,000
Standard Deviation3,983,504,075
Sample Variance15868304.7T
Range10.6B
R-Value0.82
Mean Square Error5655888T
R-Squared0.67
Significance0.0002
Slope728,574,249
Total Sum of Squares222156266.1T

New Total Assets History

202411 B
202310.5 B
20227.7 B
20216.9 B
20201.9 B
20191.1 B
2018699.4 M

Other Fundumenentals of New Fortress Energy

New Fortress Total Assets component correlations

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0.850.860.570.810.480.570.820.8-0.60.860.820.80.450.750.64-0.730.850.85-0.520.7-0.730.80.94
0.590.860.630.540.170.290.560.5-0.240.60.550.90.170.480.36-0.510.580.6-0.220.87-0.490.870.87
0.430.570.630.41-0.020.210.410.350.10.460.390.790.420.220.42-0.60.420.44-0.120.85-0.640.770.71
1.00.810.540.410.840.911.00.99-0.830.981.00.50.750.730.9-0.80.981.0-0.790.35-0.80.560.83
0.80.480.17-0.020.840.950.820.83-0.830.740.820.050.650.430.79-0.470.770.8-0.88-0.07-0.450.110.49
0.870.570.290.210.910.950.890.89-0.780.820.880.170.810.490.91-0.580.830.88-0.890.07-0.590.220.59
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0.990.80.50.350.990.830.891.0-0.880.991.00.460.730.790.88-0.810.990.99-0.760.28-0.820.530.79
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0.610.80.870.770.560.110.220.570.53-0.240.650.570.990.220.490.38-0.620.630.61-0.20.92-0.620.9
0.860.940.870.710.830.490.590.830.79-0.510.870.830.890.50.610.68-0.740.850.86-0.540.8-0.740.9
Click cells to compare fundamentals

About New Fortress Financial Statements

New Fortress stakeholders use historical fundamental indicators, such as New Fortress' Total Assets, to determine how well the company is positioned to perform in the future. Although New Fortress investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Fortress' assets and liabilities are reflected in the revenues and expenses on New Fortress' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Fortress Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets10.5 B11 B
Intangibles To Total Assets 0.08  0.06 

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When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out the analysis of New Fortress Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
0.4
Earnings Share
0.91
Revenue Per Share
11.791
Quarterly Revenue Growth
0.103
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.