New Fortress Energy (NFE) Non Operating Interest Expenses (2018 - 2021)
New Fortress Energy's (NFE) quarterly Non Operating Interest Expenses came in at $57.7 million in Q4 2021, up 215.41% year-on-year from $18.3 million in Q4 2020, and down 14.09% on a QoQ basis from $67.2 million in Q3 2021.
New Fortress Energy (NFE) Non Operating Interest Expenses (2018 - 2021) Analysis & Trends
New Fortress Energy (NFE) has 4 years of Non Operating Interest Expenses data on file, last reported at $57.7 million in Q4 2021.
- On a quarterly basis, Non Operating Interest Expenses rose 215.41% year-over-year to $57.7 million in Q4 2021; TTM through Dec 2021 was $184.4 million, a 101.23% increase from a year earlier, with the FY2021 full-year figure at $184.4 million, up 101.23% from the prior year.
- Non Operating Interest Expenses for Q4 2021 stood at $57.7 million, down from $67.2 million in the prior quarter.
- Over the last five years, Non Operating Interest Expenses for NFE reached as high as $67.2 million in Q3 2021 and fell as low as $3.4 million in Q3 2018.
- Historically, Non Operating Interest Expenses has averaged $23.6 million across 4 years, with a median of $19.8 million in 2020.
- Across the five-year window, Non Operating Interest Expenses surged 258.09% in 2019 and slipped 9.26% in 2021, its largest moves.
- Year by year, Non Operating Interest Expenses stood at $6.4 million in 2018, then soared by 116.32% to $13.7 million in 2019, then soared by 33.16% to $18.3 million in 2020, then jumped by 215.41% to $57.7 million in 2021.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $57.7 million in Q4 2021, $67.2 million in Q3 2021, and $38.2 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 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 | - |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 57.74 Mn |
| Sep 30, 2021 | 67.21 Mn |
| Jun 30, 2021 | 38.15 Mn |
| Mar 31, 2021 | 21.32 Mn |
| Dec 31, 2020 | 18.31 Mn |
| Sep 30, 2020 | 24.35 Mn |
| Jun 30, 2020 | 25.49 Mn |
| Mar 31, 2020 | 23.50 Mn |
| Dec 31, 2019 | 13.75 Mn |
| Sep 30, 2019 | 12.24 Mn |
| Jun 30, 2019 | 11.64 Mn |
| Mar 31, 2019 | 6.95 Mn |
| Dec 31, 2018 | 6.36 Mn |
| Sep 30, 2018 | 3.42 Mn |