New Fortress Energy Inc. financial data

Symbol
NFE on Nasdaq
Location
111 W. 19 Th Street, 8 Th Floor, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
New Fortress Energy LLC (to 8/4/2020), NFE Financial Holdings LLC (to 11/7/2018)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 55.4 % -8.89%
Quick Ratio 7.02 % +37.1%
Debt-to-equity 583 % +9.78%
Return On Equity 11 % -57.9%
Return On Assets 1.71 % -62.3%
Operating Margin 26.3 % -32.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 251M shares +22.6%
Common Stock, Shares, Outstanding 205M shares +0.05%
Entity Public Float 2.78B USD
Common Stock, Value, Issued 2.05M USD 0%
Weighted Average Number of Shares Outstanding, Basic 205M shares +0.02%
Weighted Average Number of Shares Outstanding, Diluted 209M shares +1.88%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.44B USD +11%
Revenue from Contract with Customer, Excluding Assessed Tax 1.99B USD +6.65%
Costs and Expenses 1.8B USD +34.1%
Operating Income (Loss) 643M USD -25.1%
Income Tax Expense (Benefit) 74M USD +2.44%
Net Income (Loss) Attributable to Parent 192M USD -51.4%
Earnings Per Share, Basic 0.92 USD/shares -51.6%
Earnings Per Share, Diluted 0.91 USD/shares -52.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 90.8M USD -47%
Accounts Receivable, after Allowance for Credit Loss, Current 436M USD +20.8%
Inventory, Net 88.1M USD -14.7%
Other Assets, Current 82.3M USD +344%
Assets, Current 1.03B USD +19.4%
Deferred Income Tax Assets, Net 13.4M USD +65.7%
Operating Lease, Right-of-Use Asset 622M USD +48.7%
Intangible Assets, Net (Excluding Goodwill) 206M USD +206%
Goodwill 777M USD 0%
Other Assets, Noncurrent 112M USD +1.44%
Assets 12B USD +22.2%
Accounts Payable, Current 820M USD -8.22%
Accrued Liabilities, Current 374M USD -14.2%
Contract with Customer, Liability, Current 121M USD +75.2%
Liabilities, Current 2.71B USD +41.7%
Contract with Customer, Liability, Noncurrent 11.8M USD -71.9%
Deferred Income Tax Liabilities, Net 66.2M USD +143%
Operating Lease, Liability, Noncurrent 490M USD +66.1%
Other Liabilities, Noncurrent 50.3M USD -21.2%
Liabilities 10.2B USD +23.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 37.1M USD -41.3%
Retained Earnings (Accumulated Deficit) 439M USD +32.4%
Stockholders' Equity Attributable to Parent 1.56B USD +8.88%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.69B USD +7.09%
Liabilities and Equity 12B USD +22.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 70.1M USD -65%
Net Cash Provided by (Used in) Financing Activities 158M USD +265%
Net Cash Provided by (Used in) Investing Activities -220M USD +52.6%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 205M shares +0.05%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.12M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 237M USD -5.95%
Deferred Tax Assets, Valuation Allowance 188M USD +43.9%
Deferred Tax Assets, Gross 631M USD +6%
Operating Lease, Liability 607M USD +48.2%
Depreciation 158M USD +32.5%
Payments to Acquire Property, Plant, and Equipment 683M USD +21.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 166M USD -61%
Lessee, Operating Lease, Liability, to be Paid 859M USD +57.5%
Operating Lease, Liability, Current 117M USD +2.06%
Lessee, Operating Lease, Liability, to be Paid, Year Two 111M USD +47%
Lessee, Operating Lease, Liability, to be Paid, Year One 150M USD +9.21%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +22.7%
Deferred Income Tax Expense (Benefit) -6.82M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 252M USD +85.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 111M USD +110%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 109M USD +109%
Operating Lease, Payments 53.1M USD +114%
Additional Paid in Capital 1.09B USD +4.48%
Amortization of Intangible Assets 14.8M USD -48.9%
Depreciation, Depletion and Amortization 50.5M USD +45.9%
Deferred Tax Assets, Net of Valuation Allowance 443M USD -4.65%
Share-based Payment Arrangement, Expense 22.5M USD
Interest Expense 284M USD +7.55%