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.

Cash Flow Balance Sheet Income Statement

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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 Short Long Term Debt Total Other Current Liab Total Current Liabilities

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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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	4.1B	4.9B	7.4B	7.7B
Total Assets	6.9B	7.7B	10.5B	11.0B

Short Long Term Debt Total Total Assets

New Fortress balance sheet 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 balance sheet 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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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.

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New Historical Balance Sheet

New Fortress Inventory

119.37 Million

About New Balance Sheet Analysis

New Fortress Balance Sheet Chart

Total Assets

Total Current Liabilities

New Fortress balance sheet Correlations

New Fortress Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Fortress balance sheet Accounts

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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