New Cost Of Revenue from 2010 to 2024
NFE Stock | USD 9.51 0.33 3.59% |
Cost Of Revenue | First Reported 2016-12-31 | Previous Quarter 307.1 M | Current Value 365.6 M | Quarterly Volatility 132.9 M |
Check New Fortress financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Fortress' main balance sheet or income statement drivers, such as Tax Provision of 75.9 M, Interest Income of 8.2 M or Depreciation And Amortization of 196.7 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0978 or PTB Ratio of 4.08. New financial statements analysis is a perfect complement when working with New Fortress Valuation or Volatility modules.
New | Cost Of Revenue |
Latest New Fortress' Cost Of Revenue Growth Pattern
Below is the plot of the Cost Of Revenue of New Fortress Energy over the last few years. Cost of Revenue is found on New Fortress Energy income statement and represents the costs associated with goods and services New Fortress provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is New Fortress' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Fortress' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue | 10 Years Trend |
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Cost Of Revenue |
Timeline |
New Cost Of Revenue Regression Statistics
Arithmetic Mean | 364,156,397 | |
Geometric Mean | 118,291,517 | |
Coefficient Of Variation | 138.38 | |
Mean Deviation | 410,929,515 | |
Median | 86,148,000 | |
Standard Deviation | 503,915,876 | |
Sample Variance | 253931.2T | |
Range | 1.3B | |
R-Value | 0.84 | |
Mean Square Error | 78598.4T | |
R-Squared | 0.71 | |
Significance | 0.000076 | |
Slope | 95,117,549 | |
Total Sum of Squares | 3555036.9T |
New Cost Of Revenue History
About New Fortress Financial Statements
New Fortress stakeholders use historical fundamental indicators, such as New Fortress' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although New Fortress investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Fortress' assets and liabilities are reflected in the revenues and expenses on New Fortress' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Fortress Energy. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Cost Of Revenue | 1.3 B | 1.3 B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:Check out the analysis of New Fortress Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Dividend Share 0.4 | Earnings Share 0.91 | Revenue Per Share 11.791 | Quarterly Revenue Growth 0.103 |
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.