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| Date | Value |
|---|---|
| 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 |