New Fortress Energy (NFE) Change in Account Payables (2018 - 2024)

New Fortress Energy (NFE) posted quarterly Change in Account Payables of -$3.5 million for Q1 2024, down 38.11% year-over-year from -$5.6 million in Q2 2023, and down 38.11% quarter-over-quarter from -$2.5 million in Q1 2023.

New Fortress Energy (NFE) Change in Account Payables (2018 - 2024) Analysis & Trends

New Fortress Energy (NFE) has reported Change in Account Payables for 7 consecutive years, with -$3.5 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Change in Account Payables fell 38.11% year-over-year to -$3.5 million; the TTM figure through Sep 2025 stood at -$3.5 million (changed N/A YoY), while the FY2021 annual figure was $108000.0, up 108.49% from the prior year.
  • Change in Account Payables fell to -$3.5 million in Q1 2024 per NFE's latest filing, from -$2.5 million in the prior quarter.
  • Across five years, Change in Account Payables topped out at $2.6 million in Q3 2020 and bottomed at -$4.8 million in Q2 2021.
  • Historically, Change in Account Payables has averaged -$798615.4 across 5 years, with a median of -$791000.0 in 2020.
  • Annual changes were most pronounced in 2021 — Change in Account Payables surged 1011.3% — and 2022, when it tumbled 625.09%.
  • New Fortress Energy's Change in Account Payables stood at -$239000.0 in 2020, then soared by 1011.3% to $2.2 million in 2021, then slumped by 304.68% to -$4.5 million in 2022, then soared by 43.49% to -$2.5 million in 2023, then slumped by 38.11% to -$3.5 million in 2024.
  • Business Quant data shows NFE's Change in Account Payables at -$3.5 million in Q1 2024, -$2.5 million in Q1 2023, and -$4.5 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 87.00 Mn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn -
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn -
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -225.00 Mn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn -
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn -
10 New Fortress Energy 87.25 Mn -412.89 Mn 102.12 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -3.48 Mn
Mar 31, 2024 -3.48 Mn
Mar 31, 2023 -2.52 Mn
Mar 31, 2023 -2.52 Mn
Sep 30, 2022 -4.46 Mn
Sep 30, 2022 -4.46 Mn
Jun 30, 2022 -797,000.00
Jun 30, 2022 -797,000.00
Mar 31, 2022 2.04 Mn
Mar 31, 2022 2.04 Mn
Dec 31, 2021 2.18 Mn
Dec 31, 2021 2.18 Mn
Sep 30, 2021 849,000.00
Sep 30, 2021 849,000.00
Jun 30, 2021 -4.80 Mn
Jun 30, 2021 -4.80 Mn
Mar 31, 2021 1.88 Mn
Mar 31, 2021 1.88 Mn
Dec 31, 2020 -239,000.00
Dec 31, 2020 -239,000.00