Nextera Total Assets from 2010 to 2024

NEP Stock  USD 17.28  0.50  2.98%   
Nextera Energy Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 11.7 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2012-12-31
Previous Quarter
21.7 B
Current Value
20.9 B
Quarterly Volatility
6.8 B
 
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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Nextera Energy Partners over the last few years. Total assets refers to the total amount of Nextera Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nextera Energy Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Nextera Energy's Total Assets 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.
ViewLast Reported 22.51 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Nextera Total Assets Regression Statistics

Arithmetic Mean9,630,358,496
Geometric Mean7,069,044,280
Coefficient Of Variation74.98
Mean Deviation5,771,874,595
Median8,395,000,000
Standard Deviation7,220,518,635
Sample Variance52135889.4T
Range20.7B
R-Value0.88
Mean Square Error12176589T
R-Squared0.78
Significance0.000012
Slope1,428,794,190
Total Sum of Squares729902451T

Nextera Total Assets History

202411.7 B
202322.5 B
202223.1 B
202118.9 B
202012.6 B
201912.3 B
20189.4 B

Other Fundumenentals of Nextera Energy Partners

Nextera Energy Total Assets component correlations

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0.210.550.210.37-0.240.080.82-0.270.160.70.880.580.650.060.180.880.050.250.430.550.620.61
0.880.550.840.230.390.80.79-0.010.820.920.650.990.880.770.820.660.820.90.80.590.760.58
0.930.210.840.020.430.970.59-0.040.990.70.40.850.630.950.790.40.850.940.840.560.70.41
0.210.370.230.020.360.00.37-0.270.090.460.190.290.220.010.220.190.090.190.250.330.470.47
0.6-0.240.390.430.360.530.14-0.120.520.43-0.260.380.070.420.59-0.250.60.520.560.240.490.28
0.910.080.80.970.00.530.50.030.990.650.240.80.560.960.80.250.880.920.810.450.630.42
0.560.820.790.590.370.140.5-0.20.540.840.80.80.630.480.530.810.490.60.690.470.760.57
0.04-0.27-0.01-0.04-0.27-0.120.03-0.2-0.05-0.28-0.32-0.130.050.030.38-0.30.320.06-0.16-0.48-0.4-0.13
0.940.160.820.990.090.520.990.54-0.050.710.310.840.620.950.80.320.850.940.850.560.710.46
0.770.70.920.70.460.430.650.84-0.280.710.680.950.820.60.670.70.620.770.830.740.910.75
0.350.880.650.40.19-0.260.240.8-0.320.310.680.680.720.310.220.990.210.410.370.530.540.34
0.870.580.990.850.290.380.80.8-0.130.840.950.680.880.790.770.690.780.890.810.650.810.62
0.70.650.880.630.220.070.560.630.050.620.820.720.880.590.640.730.60.730.590.640.630.61
0.870.060.770.950.010.420.960.480.030.950.60.310.790.590.740.320.870.90.660.370.520.28
0.910.180.820.790.220.590.80.530.380.80.670.220.770.640.740.220.950.890.760.360.60.46
0.360.880.660.40.19-0.250.250.81-0.30.320.70.990.690.730.320.220.220.420.380.530.550.34
0.910.050.820.850.090.60.880.490.320.850.620.210.780.60.870.950.220.920.680.270.510.29
0.980.250.90.940.190.520.920.60.060.940.770.410.890.730.90.890.420.920.820.560.710.43
0.860.430.80.840.250.560.810.69-0.160.850.830.370.810.590.660.760.380.680.820.740.930.73
0.620.550.590.560.330.240.450.47-0.480.560.740.530.650.640.370.360.530.270.560.740.870.63
0.750.620.760.70.470.490.630.76-0.40.710.910.540.810.630.520.60.550.510.710.930.870.76
0.470.610.580.410.470.280.420.57-0.130.460.750.340.620.610.280.460.340.290.430.730.630.76
Click cells to compare fundamentals

About Nextera Energy Financial Statements

Nextera Energy shareholders use historical fundamental indicators, such as Total Assets, 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 ReportedProjected for Next Year
Total Assets22.5 B11.7 B
Intangibles To Total Assets 0.13  0.12 

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

  0.79RNWWW ReNew Energy GlobalPairCorr

Moving against Nextera Stock

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  0.76GEV GE Vernova LLC Downward RallyPairCorr
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  0.69ORA Ormat TechnologiesPairCorr
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 CorrelationCorrelation 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.