New Fortress Energy Inc. financial data

Symbol
NFE on Nasdaq
Industry
Natural Gas Distribution
Location
111 W. 19 Th Street, 8 Th Floor, New York, New York
State of incorporation
Delaware
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 - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 59.4 % -24.8%
Quick Ratio 8.08 % +43.3%
Debt-to-equity 564 % +26.3%
Return On Equity 14.2 % -42%
Return On Assets 2.29 % -53%
Operating Margin 29.8 % -19.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 205M shares +0.02%
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 +0.01%
Weighted Average Number of Shares Outstanding, Diluted 206M shares +0.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.39B USD -1.14%
Revenue from Contract with Customer, Excluding Assessed Tax 1.96B USD -5.44%
Costs and Expenses 1.68B USD +10.1%
Operating Income (Loss) 713M USD -20.3%
Income Tax Expense (Benefit) 96.3M USD +68.7%
Net Income (Loss) Attributable to Parent 244M USD -38.4%
Earnings Per Share, Basic 1.18 USD/shares -37.9%
Earnings Per Share, Diluted 1.18 USD/shares -37.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 133M USD +27.4%
Accounts Receivable, after Allowance for Credit Loss, Current 407M USD +47.8%
Inventory, Net 142M USD +10.4%
Other Assets, Current 63.1M USD +159%
Assets, Current 1.12B USD +57.5%
Deferred Income Tax Assets, Net 43M USD +433%
Operating Lease, Right-of-Use Asset 654M USD +47.9%
Intangible Assets, Net (Excluding Goodwill) 208M USD +179%
Goodwill 777M USD 0%
Other Assets, Noncurrent 137M USD -16.5%
Assets 11.4B USD +24.9%
Accounts Payable, Current 573M USD -4.98%
Accrued Liabilities, Current 384M USD -53.2%
Contract with Customer, Liability, Current 96.3M USD +54.4%
Liabilities, Current 1.56B USD -24.3%
Contract with Customer, Liability, Noncurrent 12.4M USD
Deferred Income Tax Liabilities, Net 97.9M USD +260%
Operating Lease, Liability, Noncurrent 516M USD +61.6%
Other Liabilities, Noncurrent 46.5M USD -38.7%
Liabilities 9.62B USD +26.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 43.7M USD -41.3%
Retained Earnings (Accumulated Deficit) 451M USD +55.2%
Stockholders' Equity Attributable to Parent 1.56B USD +10.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.69B USD +8.8%
Liabilities and Equity 11.4B USD +24.9%

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 298M USD +37.9%
Deferred Tax Assets, Valuation Allowance 188M USD +43.9%
Deferred Tax Assets, Gross 631M USD +6%
Operating Lease, Liability 633M USD +48.9%
Depreciation 163M USD +49.4%
Payments to Acquire Property, Plant, and Equipment 683M USD +21.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 213M USD -47.2%
Lessee, Operating Lease, Liability, to be Paid 902M USD +58.7%
Operating Lease, Liability, Current 117M USD +10.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 112M USD +49%
Lessee, Operating Lease, Liability, to be Paid, Year One 151M USD +10.1%
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 269M USD +87.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 111M USD +114%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 109M USD +112%
Operating Lease, Payments 53.1M USD +114%
Additional Paid in Capital 1.06B USD +2.33%
Amortization of Intangible Assets 18.2M USD -43%
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 20.1M USD
Interest Expense 284M USD +7.55%