New Historical Balance Sheet

NFE Stock  USD 13.17  0.08  0.60%   
Trend analysis of New Fortress Energy balance sheet accounts such as Total Current Liabilities of 1.8 B provides information on New Fortress' total assets, liabilities, and equity, which is the actual value of New Fortress Energy to its prevalent stockholders. By breaking down trends over time using New Fortress balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining New Fortress Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether New Fortress Energy is a good buy for the upcoming year.

New Fortress Inventory

119.37 Million

  
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.

About New Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of New Fortress Energy at a specified time, usually calculated after every quarter, six months, or one year. New Fortress Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Fortress and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which New currently owns. An asset can also be divided into two categories, current and non-current.

New Fortress Balance Sheet Chart

At present, New Fortress' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.8 B, whereas Total Stockholder Equity is forecasted to decline to about 826.4 M.

Total Assets

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. 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.

Total Current Liabilities

Total Current Liabilities is an item on New Fortress balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of New Fortress Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from New Fortress' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.8 B, whereas Total Stockholder Equity is forecasted to decline to about 826.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.1B4.9B7.4B7.7B
Total Assets6.9B7.7B10.5B11.0B

New Fortress balance sheet Correlations

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Click cells to compare fundamentals

New Fortress Account Relationship Matchups

New Fortress balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.9B6.9B7.7B10.5B11.0B
Short Long Term Debt Total619.1M1.4B4.1B4.9B7.4B7.7B
Other Current Liab90.7M98.9M294.1M1.1B580.3M306.6M
Total Current Liabilities102.3M191.2M562.5M1.4B1.7B1.8B
Total Stockholder Equity84.8M367.0M1.8B1.3B1.6B826.4M
Other Liab14.4M17.3M328.0M75.0M86.2M70.3M
Net Tangible Assets23.5M320.9M888.5M427.2M491.2M382.1M
Property Plant And Equipment Net750.0M996.6M4.1B4.9B8.4B8.8B
Net Debt592.0M757.8M3.9B4.2B7.2B7.6B
Retained Earnings(45.8M)(229.5M)(132.4M)62.1M528.0M554.4M
Accounts Payable11.6M21.3M68.1M80.4M549.5M577.0M
Cash27.1M601.5M187.5M675.5M155.4M273.7M
Non Current Assets Total912.7M1.1B6.3B6.3B9.5B10.0B
Non Currrent Assets Other116.6M55.6M106.4M137.1M119.2M83.7M
Other Assets190.0M546.9M6.3B131.9M151.7M144.2M
Long Term Debt619.1M1.2B3.8B4.5B6.5B6.8B
Cash And Short Term Investments27.1M601.5M187.5M675.5M155.4M273.7M
Net Receivables51.0M85.8M208.5M318.5M424.6M445.8M
Common Stock Total Equity130.7M1.7M2.1M2.1M1.9M1.8M
Common Stock Shares Outstanding20.9M106.7M201.7M209.9M206.5M128.9M
Short Term Investments1.2M1.6M18.9M(155.4M)(139.9M)(132.9M)
Liabilities And Stockholders Equity1.1B1.9B6.9B7.7B10.5B11.0B
Non Current Liabilities Total634.2M1.3B4.3B4.9B7.0B7.4B
Inventory63.4M22.9M37.2M39.1M113.7M119.4M
Other Current Assets22.5M51.9M147.1M354.1M286.3M300.6M
Other Stockholder Equity130.7M594.5M1.9B1.2B1.0B664.0M
Total Liab736.5M1.5B4.9B6.3B8.7B9.2B
Long Term Investments2.5M7.0M1.2B392.3M145.5M239.6M
Property Plant And Equipment Gross658.8M996.6M4.1B4.9B8.8B9.2B
Total Current Assets211.1M762.0M584.9M1.4B980.0M611.3M
Accumulated Other Comprehensive Income(30K)182K(2.1M)55.4M71.5M75.1M
Non Current Liabilities Other14.9M15.6M292.5M49.0M55.6M60.6M
Common Stock130.7M1.7M2.1M2.1M2.0M1.9M
Property Plant Equipment658.8M989.6M3.5B4.5B5.2B5.5B
Net Invested Capital703.9M1.6B5.6B5.8B8.4B8.9B
Net Working Capital108.9M570.9M22.4M(22.1M)(726.3M)(690.0M)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.