NextEra Net Income vs Total Revenue Analysis

NEE-PS Stock

52.05 0.18 0.34%

NextEra Energy, financial indicator trend analysis is infinitely more than just investigating NextEra Energy, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextEra Energy, is a good investment. Please check the relationship between NextEra Energy, Net Income and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextEra Energy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Total Revenue

Net Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextEra Energy, Net Income account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NextEra Energy,'s Net Income and Total Revenue is 0.97. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of NextEra Energy,, assuming nothing else is changed. The correlation between historical values of NextEra Energy,'s Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of NextEra Energy, are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., NextEra Energy,'s Net Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in NextEra Energy, financial statement analysis. It represents the amount of money remaining after all of NextEra Energy, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts NextEra Energy, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from NextEra Energy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextEra Energy, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextEra Energy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to gain to about 4.7 B in 2024, whereas Tax Provision is likely to drop slightly above 545.6 M in 2024.

	2023	2024 (projected)
Tax Provision	1.0B	545.6M
Interest Income	34.2M	36.8M

Tax Provision Interest Income

NextEra Energy, fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		0.84	0.97	0.95	1.0	1.0	0.95	0.96	0.84	1.0	0.99	0.99	0.9	0.95	0.77	0.99	0.98	0.94	1.0	1.0	0.82	1.0	0.85	0.99	0.74	0.98
Other Current Liab	0.84		0.88	0.63	0.82	0.87	0.67	0.95	0.49	0.84	0.84	0.88	0.99	0.88	0.57	0.88	0.8	0.96	0.89	0.8	0.75	0.83	0.6	0.87	0.49	0.91
Total Current Liabilities	0.97	0.88		0.89	0.97	0.98	0.88	0.96	0.84	0.97	0.98	0.96	0.92	0.89	0.68	0.96	0.98	0.94	0.98	0.97	0.71	0.97	0.89	0.99	0.63	0.96
Total Stockholder Equity	0.95	0.63	0.89		0.96	0.93	0.99	0.83	0.91	0.95	0.94	0.91	0.71	0.87	0.81	0.92	0.94	0.79	0.92	0.97	0.77	0.96	0.86	0.91	0.81	0.89
Property Plant And Equipment Net	1.0	0.82	0.97	0.96		0.99	0.96	0.95	0.86	1.0	0.99	0.98	0.87	0.94	0.78	0.99	0.98	0.92	0.99	1.0	0.82	1.0	0.86	0.98	0.76	0.97
Net Debt	1.0	0.87	0.98	0.93	0.99		0.93	0.98	0.82	1.0	0.99	0.99	0.92	0.95	0.74	0.99	0.98	0.96	1.0	0.99	0.81	1.0	0.84	0.99	0.7	0.98
Retained Earnings	0.95	0.67	0.88	0.99	0.96	0.93		0.85	0.86	0.96	0.92	0.92	0.74	0.9	0.88	0.93	0.94	0.8	0.92	0.96	0.83	0.96	0.82	0.9	0.88	0.91
Accounts Payable	0.96	0.95	0.96	0.83	0.95	0.98	0.85		0.69	0.96	0.96	0.99	0.98	0.96	0.67	0.98	0.92	1.0	0.98	0.94	0.83	0.95	0.73	0.97	0.62	0.98
Cash	0.84	0.49	0.84	0.91	0.86	0.82	0.86	0.69		0.83	0.86	0.76	0.56	0.64	0.59	0.76	0.9	0.64	0.8	0.87	0.44	0.84	0.97	0.84	0.59	0.73
Non Current Assets Total	1.0	0.84	0.97	0.95	1.0	1.0	0.96	0.96	0.83		0.99	0.99	0.89	0.96	0.79	0.99	0.98	0.93	0.99	1.0	0.84	1.0	0.84	0.98	0.76	0.98
Non Currrent Assets Other	0.99	0.84	0.98	0.94	0.99	0.99	0.92	0.96	0.86	0.99		0.98	0.89	0.92	0.69	0.98	0.98	0.94	0.99	0.99	0.76	0.99	0.88	1.0	0.66	0.96
Long Term Debt	0.99	0.88	0.96	0.91	0.98	0.99	0.92	0.99	0.76	0.99	0.98		0.93	0.98	0.74	1.0	0.95	0.97	0.99	0.98	0.87	0.99	0.77	0.98	0.71	0.99
Net Receivables	0.9	0.99	0.92	0.71	0.87	0.92	0.74	0.98	0.56	0.89	0.89	0.93		0.92	0.61	0.93	0.85	0.99	0.93	0.86	0.79	0.88	0.65	0.92	0.54	0.95
Good Will	0.95	0.88	0.89	0.87	0.94	0.95	0.9	0.96	0.64	0.96	0.92	0.98	0.92		0.81	0.98	0.88	0.95	0.96	0.93	0.95	0.95	0.65	0.92	0.78	0.98
Common Stock Shares Outstanding	0.77	0.57	0.68	0.81	0.78	0.74	0.88	0.67	0.59	0.79	0.69	0.74	0.61	0.81		0.77	0.76	0.63	0.74	0.77	0.84	0.79	0.59	0.68	0.99	0.8
Non Current Liabilities Total	0.99	0.88	0.96	0.92	0.99	0.99	0.93	0.98	0.76	0.99	0.98	1.0	0.93	0.98	0.77		0.95	0.96	1.0	0.98	0.87	0.99	0.77	0.98	0.73	0.99
Inventory	0.98	0.8	0.98	0.94	0.98	0.98	0.94	0.92	0.9	0.98	0.98	0.95	0.85	0.88	0.76	0.95		0.89	0.97	0.98	0.72	0.98	0.93	0.98	0.73	0.95
Other Current Assets	0.94	0.96	0.94	0.79	0.92	0.96	0.8	1.0	0.64	0.93	0.94	0.97	0.99	0.95	0.63	0.96	0.89		0.97	0.92	0.82	0.93	0.7	0.95	0.57	0.97
Total Liab	1.0	0.89	0.98	0.92	0.99	1.0	0.92	0.98	0.8	0.99	0.99	0.99	0.93	0.96	0.74	1.0	0.97	0.97		0.99	0.83	0.99	0.82	0.99	0.7	0.99
Net Invested Capital	1.0	0.8	0.97	0.97	1.0	0.99	0.96	0.94	0.87	1.0	0.99	0.98	0.86	0.93	0.77	0.98	0.98	0.92	0.99		0.8	1.0	0.87	0.98	0.74	0.97
Long Term Investments	0.82	0.75	0.71	0.77	0.82	0.81	0.83	0.83	0.44	0.84	0.76	0.87	0.79	0.95	0.84	0.87	0.72	0.82	0.83	0.8		0.83	0.42	0.75	0.82	0.87
Property Plant And Equipment Gross	1.0	0.83	0.97	0.96	1.0	1.0	0.96	0.95	0.84	1.0	0.99	0.99	0.88	0.95	0.79	0.99	0.98	0.93	0.99	1.0	0.83		0.85	0.98	0.76	0.98
Short Long Term Debt	0.85	0.6	0.89	0.86	0.86	0.84	0.82	0.73	0.97	0.84	0.88	0.77	0.65	0.65	0.59	0.77	0.93	0.7	0.82	0.87	0.42	0.85		0.87	0.56	0.77
Total Current Assets	0.99	0.87	0.99	0.91	0.98	0.99	0.9	0.97	0.84	0.98	1.0	0.98	0.92	0.92	0.68	0.98	0.98	0.95	0.99	0.98	0.75	0.98	0.87		0.64	0.97
Capital Stock	0.74	0.49	0.63	0.81	0.76	0.7	0.88	0.62	0.59	0.76	0.66	0.71	0.54	0.78	0.99	0.73	0.73	0.57	0.7	0.74	0.82	0.76	0.56	0.64		0.75
Non Current Liabilities Other	0.98	0.91	0.96	0.89	0.97	0.98	0.91	0.98	0.73	0.98	0.96	0.99	0.95	0.98	0.8	0.99	0.95	0.97	0.99	0.97	0.87	0.98	0.77	0.97	0.75

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NextEra Energy, Account Relationship Matchups

High Positive Relationship

Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets

High Negative Relationship

Not Found

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