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
DateValue
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