Nextera Debt Ratio from 2010 to 2024

NEP Stock

USD 17.47 0.28 1.63%

Nextera Energy Debt Ratio yearly trend continues to be relatively stable with very little volatility. Debt Ratio is likely to grow to 0.48 this year. During the period from 2010 to 2024, Nextera Energy Debt Ratio destribution of quarterly values had range of 0.4541 from its regression line and mean deviation of 0.14. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.27937453

Current Value

0.48

Quarterly Volatility

0.15842676

Credit Downgrade

Yuan Drop

Covid

Check Nextera Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextera Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 666.8 M, Interest Expense of 320.6 M or Total Revenue of 764.8 M, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.29 or PTB Ratio of 0.82. Nextera financial statements analysis is a perfect complement when working with Nextera Energy Valuation or Volatility modules.

Check out the analysis of Nextera Energy Correlation against competitors.

To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.

Latest Nextera Energy's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Nextera Energy Partners over the last few years. It is Nextera Energy's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextera Energy's overall financial position and show how it may be relating to other accounts over time.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Nextera Debt Ratio Regression Statistics

	Arithmetic Mean	0.47
	Geometric Mean	0.44
	Coefficient Of Variation	33.98
	Mean Deviation	0.14
	Median	0.50
	Standard Deviation	0.16
	Sample Variance	0.03
	Range	0.4541
	R-Value	(0.82)
	Mean Square Error	0.01
	R-Squared	0.67
	Significance	0.0002
	Slope	(0.03)
	Total Sum of Squares	0.35

Nextera Debt Ratio History

	2024	0.48
	2022	0.23
	2021	0.28
	2020	0.27
	2019	0.34
	2018	0.37
	2017	0.51

Other Fundumenentals of Nextera Energy Partners

Cash Flow To Debt Ratio

Nextera Energy Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Property Plant Equipment	Net Tangible Assets	Good Will	Long Term Investments	Short Long Term Debt	Intangible Assets	Common Stock	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.21	0.88	0.93	0.21	0.6	0.91	0.56	0.04	0.94	0.77	0.35	0.87	0.7	0.87	0.91	0.36	0.91	0.98	0.86	0.62	0.75	0.47
Total Stockholder Equity	0.21		0.55	0.21	0.37	-0.24	0.08	0.82	-0.27	0.16	0.7	0.88	0.58	0.65	0.06	0.18	0.88	0.05	0.25	0.43	0.55	0.62	0.61
Current Deferred Revenue	0.88	0.55		0.84	0.23	0.39	0.8	0.79	-0.01	0.82	0.92	0.65	0.99	0.88	0.77	0.82	0.66	0.82	0.9	0.8	0.59	0.76	0.58
Net Debt	0.93	0.21	0.84		0.02	0.43	0.97	0.59	-0.04	0.99	0.7	0.4	0.85	0.63	0.95	0.79	0.4	0.85	0.94	0.84	0.56	0.7	0.41
Retained Earnings	0.21	0.37	0.23	0.02		0.36	0.0	0.37	-0.27	0.09	0.46	0.19	0.29	0.22	0.01	0.22	0.19	0.09	0.19	0.25	0.33	0.47	0.47
Accounts Payable	0.6	-0.24	0.39	0.43	0.36		0.53	0.14	-0.12	0.52	0.43	-0.26	0.38	0.07	0.42	0.59	-0.25	0.6	0.52	0.56	0.24	0.49	0.28
Long Term Debt	0.91	0.08	0.8	0.97	0.0	0.53		0.5	0.03	0.99	0.65	0.24	0.8	0.56	0.96	0.8	0.25	0.88	0.92	0.81	0.45	0.63	0.42
Net Receivables	0.56	0.82	0.79	0.59	0.37	0.14	0.5		-0.2	0.54	0.84	0.8	0.8	0.63	0.48	0.53	0.81	0.49	0.6	0.69	0.47	0.76	0.57
Short Term Investments	0.04	-0.27	-0.01	-0.04	-0.27	-0.12	0.03	-0.2		-0.05	-0.28	-0.32	-0.13	0.05	0.03	0.38	-0.3	0.32	0.06	-0.16	-0.48	-0.4	-0.13
Total Liab	0.94	0.16	0.82	0.99	0.09	0.52	0.99	0.54	-0.05		0.71	0.31	0.84	0.62	0.95	0.8	0.32	0.85	0.94	0.85	0.56	0.71	0.46
Total Current Assets	0.77	0.7	0.92	0.7	0.46	0.43	0.65	0.84	-0.28	0.71		0.68	0.95	0.82	0.6	0.67	0.7	0.62	0.77	0.83	0.74	0.91	0.75
Short Term Debt	0.35	0.88	0.65	0.4	0.19	-0.26	0.24	0.8	-0.32	0.31	0.68		0.68	0.72	0.31	0.22	0.99	0.21	0.41	0.37	0.53	0.54	0.34
Property Plant Equipment	0.87	0.58	0.99	0.85	0.29	0.38	0.8	0.8	-0.13	0.84	0.95	0.68		0.88	0.79	0.77	0.69	0.78	0.89	0.81	0.65	0.81	0.62
Net Tangible Assets	0.7	0.65	0.88	0.63	0.22	0.07	0.56	0.63	0.05	0.62	0.82	0.72	0.88		0.59	0.64	0.73	0.6	0.73	0.59	0.64	0.63	0.61
Good Will	0.87	0.06	0.77	0.95	0.01	0.42	0.96	0.48	0.03	0.95	0.6	0.31	0.79	0.59		0.74	0.32	0.87	0.9	0.66	0.37	0.52	0.28
Long Term Investments	0.91	0.18	0.82	0.79	0.22	0.59	0.8	0.53	0.38	0.8	0.67	0.22	0.77	0.64	0.74		0.22	0.95	0.89	0.76	0.36	0.6	0.46
Short Long Term Debt	0.36	0.88	0.66	0.4	0.19	-0.25	0.25	0.81	-0.3	0.32	0.7	0.99	0.69	0.73	0.32	0.22		0.22	0.42	0.38	0.53	0.55	0.34
Intangible Assets	0.91	0.05	0.82	0.85	0.09	0.6	0.88	0.49	0.32	0.85	0.62	0.21	0.78	0.6	0.87	0.95	0.22		0.92	0.68	0.27	0.51	0.29
Common Stock	0.98	0.25	0.9	0.94	0.19	0.52	0.92	0.6	0.06	0.94	0.77	0.41	0.89	0.73	0.9	0.89	0.42	0.92		0.82	0.56	0.71	0.43
Long Term Debt Total	0.86	0.43	0.8	0.84	0.25	0.56	0.81	0.69	-0.16	0.85	0.83	0.37	0.81	0.59	0.66	0.76	0.38	0.68	0.82		0.74	0.93	0.73
Cash And Equivalents	0.62	0.55	0.59	0.56	0.33	0.24	0.45	0.47	-0.48	0.56	0.74	0.53	0.65	0.64	0.37	0.36	0.53	0.27	0.56	0.74		0.87	0.63
Net Invested Capital	0.75	0.62	0.76	0.7	0.47	0.49	0.63	0.76	-0.4	0.71	0.91	0.54	0.81	0.63	0.52	0.6	0.55	0.51	0.71	0.93	0.87		0.76
Net Working Capital	0.47	0.61	0.58	0.41	0.47	0.28	0.42	0.57	-0.13	0.46	0.75	0.34	0.62	0.61	0.28	0.46	0.34	0.29	0.43	0.73	0.63	0.76

Click cells to compare fundamentals

About Nextera Energy Financial Statements

Nextera Energy shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Nextera Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Nextera Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextera Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Debt Ratio	0.28	0.48
Cash Flow To Debt Ratio	0.12	0.08

Pair Trading with Nextera Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextera Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nextera Stock

0.78

RNWWW

ReNew Energy Global

Pair Corr

Moving against Nextera Stock

0.79	ELLO	Ellomay Capital	Pair Corr
0.79	GEV	GE Vernova LLC	Pair Corr
0.77	NRGV	Energy Vault Holdings Buyout Trend	Pair Corr
0.76	ADN	Advent Technologies	Pair Corr
0.71	ORA	Ormat Technologies	Pair Corr

The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextera Energy Partners to buy it.

The correlation of Nextera Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera Energy Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nextera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nextera Stock Analysis

When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nextera Debt Ratio from 2010 to 2024

Latest Nextera Energy's Debt Ratio Growth Pattern

Nextera Debt Ratio Regression Statistics

Nextera Debt Ratio History

Other Fundumenentals of Nextera Energy Partners

Nextera Energy Debt Ratio component correlations

About Nextera Energy Financial Statements

Pair Trading with Nextera Energy

Moving together with Nextera Stock

Moving against Nextera Stock

Additional Tools for Nextera Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY