New Fortress Energy (NFE) Change in Account Payables (2018 - 2024)
New Fortress Energy (NFE) reported 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 7 years of Change in Account Payables data on file, last reported at -$3.5 million in Q1 2024.
- Change in Account Payables for Q1 2024 came in at -$3.5 million, down 38.11% year-over-year; the trailing twelve-month figure through Sep 2025 was -$3.5 million (changed N/A YoY), and the FY2021 annual result was $108000.0, up 108.49% from the prior year.
- Change in Account Payables slipped to -$3.5 million in Q1 2024 per NFE's latest filing, from -$2.5 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $2.6 million in Q3 2020 and troughed at -$4.8 million in Q2 2021.
- A 5-year average of -$798615.4 and a median of -$791000.0 in 2020 frame the typical range for Change in Account Payables.
- The sharpest annual moves came in 2021 and 2022: Change in Account Payables surged 1011.3% in 2021, then tumbled 625.09% in 2022.
- A 5-year view of Change in Account Payables shows it stood at -$239000.0 in 2020, then surged by 1011.3% to $2.2 million in 2021, then sank by 304.68% to -$4.5 million in 2022, then surged by 43.49% to -$2.5 million in 2023, then sank 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 | Enbridge | 89.85 Bn | 90.55 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.59 Bn | 79.44 Bn | - | - |
| 3 | Kinder Morgan | 70.78 Bn | 71.86 Bn | 3.08 Bn | -172.00 Mn |
| 4 | Energy Transfer | 65.32 Bn | 64.60 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 61.31 Bn | 60.32 Bn | - | - |
| 6 | Targa Resources | 58.52 Bn | 58.55 Bn | 1.70 Bn | - |
| 7 | Mplx | 57.50 Bn | 55.99 Bn | 2.54 Bn | - |
| 8 | Oneok | 57.00 Bn | 56.87 Bn | 2.57 Bn | 810.00 Mn |
| 9 | Tc Energy | 51.73 Bn | 52.93 Bn | 2.95 Bn | - |
| 10 | New Fortress Energy | 148.28 Mn | 83.60 Mn | 136.95 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 |