New Short Term Debt vs Net Debt Analysis

NFE Stock

USD 13.17 0.08 0.60%

New Fortress financial indicator trend analysis is infinitely more than just investigating New Fortress Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Fortress Energy is a good investment. Please check the relationship between New Fortress Short Term Debt and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Fortress Energy Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between New Fortress' Short Term Debt and Net Debt is 0.9. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of New Fortress Energy, assuming nothing else is changed. The correlation between historical values of New Fortress' Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of New Fortress Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., New Fortress' Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from New Fortress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Fortress Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At present, New Fortress' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.93, whereas Selling General Administrative is forecasted to decline to about 144.9 M.

	2023	2024 (projected)
Depreciation And Amortization	187.3M	196.7M
Interest Income	8.2M	8.2M

Depreciation And Amortization Interest Income

New Fortress fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		1.0	0.75	0.96	0.85	0.6	0.59	0.99	0.43	1.0	0.8	0.87	0.33	1.0	0.77	0.28	1.0	0.33	0.99	-0.82	0.86	-0.84	0.99	1.0	0.87	0.95
Short Long Term Debt Total	1.0		0.73	0.97	0.82	0.55	0.55	1.0	0.41	1.0	0.82	0.9	0.33	1.0	0.76	0.24	1.0	0.33	1.0	-0.82	0.84	-0.85	0.99	1.0	0.89	0.95
Other Current Liab	0.75	0.73		0.78	0.74	0.41	0.41	0.7	0.13	0.7	0.45	0.44	0.63	0.72	0.79	0.11	0.74	0.63	0.77	-0.7	0.84	-0.83	0.8	0.74	0.51	0.9
Total Current Liabilities	0.96	0.97	0.78		0.74	0.41	0.41	0.97	0.25	0.96	0.84	0.89	0.35	0.96	0.74	0.06	0.96	0.35	0.98	-0.73	0.79	-0.93	0.96	0.96	0.87	0.96
Total Stockholder Equity	0.85	0.82	0.74	0.74		0.84	0.86	0.79	0.57	0.81	0.48	0.57	0.3	0.85	0.71	0.61	0.82	0.3	0.8	-0.73	0.96	-0.6	0.86	0.84	0.57	0.8
Other Liab	0.6	0.55	0.41	0.41	0.84		0.9	0.51	0.86	0.56	0.12	0.27	0.1	0.61	0.58	0.93	0.56	0.1	0.5	-0.61	0.73	-0.15	0.62	0.58	0.34	0.49
Net Tangible Assets	0.59	0.55	0.41	0.41	0.86	0.9		0.51	0.63	0.54	0.17	0.29	0.24	0.59	0.36	0.83	0.56	0.24	0.5	-0.51	0.8	-0.24	0.6	0.58	0.22	0.49
Property Plant And Equipment Net	0.99	1.0	0.7	0.97	0.79	0.51	0.51		0.37	1.0	0.87	0.93	0.26	0.99	0.73	0.19	0.99	0.26	0.99	-0.78	0.8	-0.85	0.97	0.99	0.91	0.93
Current Deferred Revenue	0.43	0.41	0.13	0.25	0.57	0.86	0.63	0.37		0.41	-0.02	0.21	-0.01	0.44	0.58	0.86	0.41	-0.01	0.35	-0.6	0.47	0.1	0.46	0.43	0.37	0.27
Net Debt	1.0	1.0	0.7	0.96	0.81	0.56	0.54	1.0	0.41		0.84	0.91	0.27	1.0	0.75	0.24	1.0	0.27	0.99	-0.8	0.81	-0.83	0.98	1.0	0.91	0.93
Retained Earnings	0.8	0.82	0.45	0.84	0.48	0.12	0.17	0.87	-0.02	0.84		0.95	-0.01	0.81	0.42	-0.19	0.82	-0.01	0.83	-0.47	0.46	-0.83	0.74	0.81	0.87	0.73
Accounts Payable	0.87	0.9	0.44	0.89	0.57	0.27	0.29	0.93	0.21	0.91	0.95		0.05	0.88	0.51	-0.04	0.89	0.05	0.89	-0.58	0.56	-0.78	0.82	0.88	0.93	0.76
Cash	0.33	0.33	0.63	0.35	0.3	0.1	0.24	0.26	-0.01	0.27	-0.01	0.05		0.28	0.33	-0.02	0.34	1.0	0.36	-0.56	0.51	-0.42	0.39	0.34	0.05	0.51
Non Current Assets Total	1.0	1.0	0.72	0.96	0.85	0.61	0.59	0.99	0.44	1.0	0.81	0.88	0.28		0.76	0.3	1.0	0.28	0.99	-0.81	0.85	-0.82	0.99	1.0	0.88	0.94
Non Currrent Assets Other	0.77	0.76	0.79	0.74	0.71	0.58	0.36	0.73	0.58	0.75	0.42	0.51	0.33	0.76		0.33	0.76	0.33	0.76	-0.84	0.73	-0.59	0.81	0.77	0.73	0.8
Other Assets	0.28	0.24	0.11	0.06	0.61	0.93	0.83	0.19	0.86	0.24	-0.19	-0.04	-0.02	0.3	0.33		0.25	-0.02	0.17	-0.39	0.48	0.2	0.31	0.27	0.05	0.15
Long Term Debt	1.0	1.0	0.74	0.96	0.82	0.56	0.56	0.99	0.41	1.0	0.82	0.89	0.34	1.0	0.76	0.25		0.34	1.0	-0.83	0.84	-0.85	0.99	1.0	0.89	0.95
Cash And Short Term Investments	0.33	0.33	0.63	0.35	0.3	0.1	0.24	0.26	-0.01	0.27	-0.01	0.05	1.0	0.28	0.33	-0.02	0.34		0.36	-0.56	0.51	-0.42	0.39	0.34	0.05	0.51
Net Receivables	0.99	1.0	0.77	0.98	0.8	0.5	0.5	0.99	0.35	0.99	0.83	0.89	0.36	0.99	0.76	0.17	1.0	0.36		-0.81	0.83	-0.88	0.99	0.99	0.89	0.96
Common Stock Total Equity	-0.82	-0.82	-0.7	-0.73	-0.73	-0.61	-0.51	-0.78	-0.6	-0.8	-0.47	-0.58	-0.56	-0.81	-0.84	-0.39	-0.83	-0.56	-0.81		-0.77	0.57	-0.85	-0.83	-0.73	-0.81
Common Stock Shares Outstanding	0.86	0.84	0.84	0.79	0.96	0.73	0.8	0.8	0.47	0.81	0.46	0.56	0.51	0.85	0.73	0.48	0.84	0.51	0.83	-0.77		-0.69	0.89	0.85	0.55	0.87
Short Term Investments	-0.84	-0.85	-0.83	-0.93	-0.6	-0.15	-0.24	-0.85	0.1	-0.83	-0.83	-0.78	-0.42	-0.82	-0.59	0.2	-0.85	-0.42	-0.88	0.57	-0.69		-0.83	-0.84	-0.72	-0.92
Long Term Debt Total	0.99	0.99	0.8	0.96	0.86	0.62	0.6	0.97	0.46	0.98	0.74	0.82	0.39	0.99	0.81	0.31	0.99	0.39	0.99	-0.85	0.89	-0.83		0.99	0.84	0.97
Non Current Liabilities Total	1.0	1.0	0.74	0.96	0.84	0.58	0.58	0.99	0.43	1.0	0.81	0.88	0.34	1.0	0.77	0.27	1.0	0.34	0.99	-0.83	0.85	-0.84	0.99		0.88	0.95
Inventory	0.87	0.89	0.51	0.87	0.57	0.34	0.22	0.91	0.37	0.91	0.87	0.93	0.05	0.88	0.73	0.05	0.89	0.05	0.89	-0.73	0.55	-0.72	0.84	0.88		0.78
Other Current Assets	0.95	0.95	0.9	0.96	0.8	0.49	0.49	0.93	0.27	0.93	0.73	0.76	0.51	0.94	0.8	0.15	0.95	0.51	0.96	-0.81	0.87	-0.92	0.97	0.95	0.78

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New Fortress Account Relationship Matchups

New Fortress fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.9B	6.9B	7.7B	10.5B	11.0B
Short Long Term Debt Total	619.1M	1.4B	4.1B	4.9B	7.4B	7.7B
Other Current Liab	90.7M	98.9M	294.1M	1.1B	580.3M	306.6M
Total Current Liabilities	102.3M	191.2M	562.5M	1.4B	1.7B	1.8B
Total Stockholder Equity	84.8M	367.0M	1.8B	1.3B	1.6B	826.4M
Other Liab	14.4M	17.3M	328.0M	75.0M	86.2M	70.3M
Net Tangible Assets	23.5M	320.9M	888.5M	427.2M	491.2M	382.1M
Property Plant And Equipment Net	750.0M	996.6M	4.1B	4.9B	8.4B	8.8B
Net Debt	592.0M	757.8M	3.9B	4.2B	7.2B	7.6B
Retained Earnings	(45.8M)	(229.5M)	(132.4M)	62.1M	528.0M	554.4M
Accounts Payable	11.6M	21.3M	68.1M	80.4M	549.5M	577.0M
Cash	27.1M	601.5M	187.5M	675.5M	155.4M	273.7M
Non Current Assets Total	912.7M	1.1B	6.3B	6.3B	9.5B	10.0B
Non Currrent Assets Other	116.6M	55.6M	106.4M	137.1M	119.2M	83.7M
Other Assets	190.0M	546.9M	6.3B	131.9M	151.7M	144.2M
Long Term Debt	619.1M	1.2B	3.8B	4.5B	6.5B	6.8B
Cash And Short Term Investments	27.1M	601.5M	187.5M	675.5M	155.4M	273.7M
Net Receivables	51.0M	85.8M	208.5M	318.5M	424.6M	445.8M
Common Stock Total Equity	130.7M	1.7M	2.1M	2.1M	1.9M	1.8M
Common Stock Shares Outstanding	20.9M	106.7M	201.7M	209.9M	206.5M	128.9M
Short Term Investments	1.2M	1.6M	18.9M	(155.4M)	(139.9M)	(132.9M)
Liabilities And Stockholders Equity	1.1B	1.9B	6.9B	7.7B	10.5B	11.0B
Non Current Liabilities Total	634.2M	1.3B	4.3B	4.9B	7.0B	7.4B
Inventory	63.4M	22.9M	37.2M	39.1M	113.7M	119.4M
Other Current Assets	22.5M	51.9M	147.1M	354.1M	286.3M	300.6M
Other Stockholder Equity	130.7M	594.5M	1.9B	1.2B	1.0B	664.0M
Total Liab	736.5M	1.5B	4.9B	6.3B	8.7B	9.2B
Long Term Investments	2.5M	7.0M	1.2B	392.3M	145.5M	239.6M
Property Plant And Equipment Gross	658.8M	996.6M	4.1B	4.9B	8.8B	9.2B
Total Current Assets	211.1M	762.0M	584.9M	1.4B	980.0M	611.3M
Accumulated Other Comprehensive Income	(30K)	182K	(2.1M)	55.4M	71.5M	75.1M
Non Current Liabilities Other	14.9M	15.6M	292.5M	49.0M	55.6M	60.6M
Common Stock	130.7M	1.7M	2.1M	2.1M	2.0M	1.9M
Property Plant Equipment	658.8M	989.6M	3.5B	4.5B	5.2B	5.5B
Net Invested Capital	703.9M	1.6B	5.6B	5.8B	8.4B	8.9B
Net Working Capital	108.9M	570.9M	22.4M	(22.1M)	(726.3M)	(690.0M)

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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:

How To Invest In New

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Is New Stock a good investment?

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What is New Fortress' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Fortress Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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

0.92

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.

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New Short Term Debt vs Net Debt Analysis

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Debt

New Fortress fundamental ratios Correlations

New Fortress Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Fortress fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total

Short Term Investments	- 0.93	Total Current Liabilities
Other Current Assets	- 0.92	Short Term Investments
Short Term Investments	- 0.88	Net Receivables
Long Term Debt Total	- 0.85	Common Stock Total Equity
Short Term Investments	- 0.85	Long Term Debt
Short Term Investments	- 0.85	Property Plant And Equipment Net