New Fortress Energy (NFE) Change in Account Payables (2018 - 2024)
New Fortress Energy's (NFE) quarterly Change in Account Payables came in at -$3.5 million in Q1 2024, down 38.11% year-on-year from -$5.6 million in Q2 2023, and down 38.11% on a QoQ basis from -$2.5 million in Q1 2023.
New Fortress Energy (NFE) Change in Account Payables (2018 - 2024) Analysis & Trends
New Fortress Energy (NFE) has 7 years of Change in Account Payables data on file, last reported at -$3.5 million in Q1 2024.
- On a quarterly basis, Change in Account Payables fell 38.11% year-over-year to -$3.5 million in Q1 2024; TTM through Sep 2025 was -$3.5 million, a N/A change from a year earlier, with the FY2021 full-year figure at $108000.0, up 108.49% from the prior year.
- Change in Account Payables for Q1 2024 stood at -$3.5 million, down from -$2.5 million in the prior quarter.
- Over the last five years, Change in Account Payables for NFE reached as high as $2.6 million in Q3 2020 and fell as low as -$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.
- Across the five-year window, Change in Account Payables soared 1011.3% in 2021 and sank 625.09% in 2022, its largest moves.
- Year by year, Change in Account Payables stood at -$239000.0 in 2020, then surged by 1011.3% to $2.2 million in 2021, then slumped by 304.68% to -$4.5 million in 2022, then surged by 43.49% to -$2.5 million in 2023, then slumped by 38.11% to -$3.5 million in 2024.
- Per Business Quant data, the three most recent Change in Account Payables figures were -$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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 7.79 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.01 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 87.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 810.00 Mn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 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 |