New Fortress Energy (NFE) Interest & Investment Income (2018 - 2021)
New Fortress Energy (NFE) posted quarterly Interest & Investment Income of $11.2 million for Q4 2021, up 220.67% year-over-year from $3.5 million in Q4 2020, and up 16.17% quarter-over-quarter from $9.6 million in Q3 2021.
New Fortress Energy (NFE) Interest & Investment Income (2018 - 2021) Analysis & Trends
New Fortress Energy (NFE) has reported Interest & Investment Income for 4 consecutive years, with $11.2 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Interest & Investment Income rose 220.67% year-over-year to $11.2 million; the TTM figure through Dec 2021 stood at $30.1 million (up 16.08% YoY), while the FY2021 annual figure was $30.1 million, up 16.08% from the prior year.
- Interest & Investment Income advanced to $11.2 million in Q4 2021 per NFE's latest filing, from $9.6 million in the prior quarter.
- Across five years, Interest & Investment Income topped out at $11.2 million in Q4 2021 and bottomed at -$3.1 million in Q4 2018.
- Historically, Interest & Investment Income has averaged $4.9 million across 4 years, with a median of $5.0 million in 2019.
- Annual changes were most pronounced in 2019 — Interest & Investment Income jumped 2876.53% — and 2021, when it plunged 72.51%.
- New Fortress Energy's Interest & Investment Income stood at -$3.1 million in 2018, then jumped by 381.79% to $8.8 million in 2019, then sank by 60.38% to $3.5 million in 2020, then soared by 220.67% to $11.2 million in 2021.
- Business Quant data shows NFE's Interest & Investment Income at $11.2 million in Q4 2021, $9.6 million in Q3 2021, and $6.7 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 4.00 Mn |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | -38.32 Mn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | - |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | - |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 20.00 Mn |
| 10 | New Fortress Energy | 87.22 Mn | -412.92 Mn | 102.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 11.17 Mn |
| Sep 30, 2021 | 9.61 Mn |
| Jun 30, 2021 | 6.67 Mn |
| Mar 31, 2021 | 2.64 Mn |
| Dec 31, 2020 | 3.48 Mn |
| Sep 30, 2020 | 4.54 Mn |
| Jun 30, 2020 | 8.30 Mn |
| Mar 31, 2020 | 9.61 Mn |
| Dec 31, 2019 | 8.79 Mn |
| Sep 30, 2019 | 7.27 Mn |
| Jun 30, 2019 | 5.44 Mn |
| Mar 31, 2019 | 3.67 Mn |
| Dec 31, 2018 | -3.12 Mn |
| Sep 30, 2018 | -290,000.00 |
| Jun 30, 2018 | -196,000.00 |
| Mar 31, 2018 | 929,000.00 |