New Other Stockholder Equity from 2010 to 2024

NFE Stock  USD 9.75  0.24  2.52%   
New Fortress' Other Stockholder Equity is increasing over the years with slightly volatile fluctuation. Other Stockholder Equity is expected to dwindle to about 664 M. During the period from 2010 to 2024 New Fortress Other Stockholder Equity annual values regression line had coefficient of variation of  161.45 and r-squared of  0.50. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2016-12-31
Previous Quarter
1.1 B
Current Value
1.1 B
Quarterly Volatility
742.6 M
 
Covid
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.
  
Check out the analysis of New Fortress Correlation against competitors.

Latest New Fortress' Other Stockholder Equity Growth Pattern

Below is the plot of the Other Stockholder Equity of New Fortress Energy over the last few years. It is New Fortress' Other Stockholder Equity 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.
Other Stockholder Equity10 Years Trend
Slightly volatile
   Other Stockholder Equity   
       Timeline  

New Other Stockholder Equity Regression Statistics

Arithmetic Mean367,732,198
Coefficient Of Variation161.45
Mean Deviation473,691,330
Median3,763,000
Standard Deviation593,704,477
Sample Variance352485T
Range2B
R-Value0.71
Mean Square Error188480.3T
R-Squared0.50
Significance0
Slope94,198,606
Total Sum of Squares4934790.1T

New Other Stockholder Equity History

2024664 M
2023B
20221.2 B
20211.9 B
2020594.5 M
2019130.7 M
20189.4 M

About New Fortress Financial Statements

New Fortress stakeholders use historical fundamental indicators, such as New Fortress' Other Stockholder Equity, 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 ReportedProjected for Next Year
Other Stockholder EquityB664 M

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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.