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-over-year from -$5.6 million in Q2 2023, and down 38.11% quarter-over-quarter from -$2.5 million in Q1 2023.
Analysis
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.
- 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 was -$3.5 million for Q1 2024 at New Fortress Energy, down 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.
- Across the five-year window, Change in Account Payables jumped 1011.3% in 2021 and plunged 625.09% in 2022, its largest moves.
- Over 5 years, Change in Account Payables stood at -$239000.0 in 2020, then jumped by 1011.3% to $2.2 million in 2021, then slumped by 304.68% to -$4.5 million in 2022, then jumped by 43.49% to -$2.5 million in 2023, then slumped by 38.11% to -$3.5 million in 2024.
- The last three Change in Account Payables figures came in at -$3.5 million (Q1 2024), -$2.5 million (Q1 2023), and -$4.5 million (Q3 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | - |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | - |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 7.00 Mn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -2.89 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | -1.63 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | - |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -3.48 Mn |
| Mar 31, 2023 | -2.52 Mn |
| Sep 30, 2022 | -4.46 Mn |
| Jun 30, 2022 | -797,000.00 |
| Mar 31, 2022 | 2.04 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 849,000.00 |
| Jun 30, 2021 | -4.80 Mn |
| Mar 31, 2021 | 1.88 Mn |
| Dec 31, 2020 | -239,000.00 |
| Sep 30, 2020 | 2.63 Mn |
| Jun 30, 2020 | -791,000.00 |
| Mar 31, 2020 | -2.88 Mn |
| Dec 31, 2019 | 2.40 Mn |
| Sep 30, 2019 | 1.53 Mn |
| Jun 30, 2019 | -1.27 Mn |
| Mar 31, 2019 | 3.12 Mn |
| Dec 31, 2018 | 3.72 Mn |
| Sep 30, 2018 | -279,000.00 |
| Jun 30, 2018 | -1.51 Mn |