Nextera Long Term Debt Total vs Total Current Assets Analysis

NEE Stock  USD 77.36  0.48  0.62%   
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 Long Term Debt Total and its Total Current Assets 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 income.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.

Long Term Debt Total vs Total Current Assets

Long Term Debt Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Long Term Debt Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nextera Energy's Long Term Debt Total and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Current Assets 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 Long Term Debt Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Nextera Energy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt Total i.e., Nextera Energy's Long Term Debt Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 income.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.At present, Nextera Energy's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4.7 B, whereas Enterprise Value Multiple is forecasted to decline to 8.20.
 2021 2022 2023 2024 (projected)
Gross Profit8.6B10.1B18.0B18.9B
Total Revenue17.1B21.0B28.1B29.5B

Nextera Energy fundamental ratios Correlations

0.680.630.710.580.690.69-0.610.640.740.520.40.690.640.40.560.430.730.70.440.760.70.590.570.490.45
0.680.990.960.970.981.0-0.10.990.970.950.821.00.750.820.970.890.990.960.930.831.00.980.950.820.88
0.630.990.960.980.960.99-0.041.00.940.960.830.990.710.830.980.910.980.970.950.790.990.990.970.840.9
0.710.960.960.940.90.96-0.120.960.90.940.750.950.780.750.940.840.970.960.930.780.970.960.950.750.83
0.580.970.980.940.940.960.010.980.920.940.830.960.770.830.980.870.930.940.950.780.960.970.960.920.85
0.690.980.960.90.940.97-0.140.960.990.90.780.980.760.780.920.830.960.920.870.850.960.940.890.840.82
0.691.00.990.960.960.97-0.120.990.960.950.831.00.730.830.970.890.990.970.920.821.00.980.950.810.88
-0.61-0.1-0.04-0.120.01-0.14-0.12-0.04-0.210.120.09-0.11-0.110.090.030.15-0.17-0.160.22-0.03-0.130.020.01-0.030.13
0.640.991.00.960.980.960.99-0.040.940.960.810.990.720.810.980.910.980.970.950.80.990.990.960.840.9
0.740.970.940.90.920.990.96-0.210.940.880.730.980.790.730.890.810.950.90.840.850.950.920.850.820.81
0.520.950.960.940.940.90.950.120.960.880.820.950.730.820.960.940.950.910.980.770.960.980.940.730.93
0.40.820.830.750.830.780.830.090.810.730.820.810.561.00.870.730.810.840.790.620.830.830.890.730.7
0.691.00.990.950.960.981.0-0.110.990.980.950.810.760.810.960.890.990.960.920.830.990.980.940.820.88
0.640.750.710.780.770.760.73-0.110.720.790.730.560.760.560.70.610.710.680.70.750.740.720.670.680.62
0.40.820.830.750.830.780.830.090.810.730.821.00.810.560.870.730.810.840.790.620.830.830.890.730.7
0.560.970.980.940.980.920.970.030.980.890.960.870.960.70.870.890.950.960.950.750.970.990.980.860.87
0.430.890.910.840.870.830.890.150.910.810.940.730.890.610.730.890.870.850.910.680.880.920.850.691.0
0.730.990.980.970.930.960.99-0.170.980.950.950.810.990.710.810.950.870.970.90.811.00.970.950.760.87
0.70.960.970.960.940.920.97-0.160.970.90.910.840.960.680.840.960.850.970.890.760.980.960.970.810.84
0.440.930.950.930.950.870.920.220.950.840.980.790.920.70.790.950.910.90.890.730.920.970.940.770.9
0.760.830.790.780.780.850.82-0.030.80.850.770.620.830.750.620.750.680.810.760.730.810.780.730.670.68
0.71.00.990.970.960.961.0-0.130.990.950.960.830.990.740.830.970.881.00.980.920.810.980.960.810.87
0.590.980.990.960.970.940.980.020.990.920.980.830.980.720.830.990.920.970.960.970.780.980.970.80.91
0.570.950.970.950.960.890.950.010.960.850.940.890.940.670.890.980.850.950.970.940.730.960.970.830.83
0.490.820.840.750.920.840.81-0.030.840.820.730.730.820.680.730.860.690.760.810.770.670.810.80.830.66
0.450.880.90.830.850.820.880.130.90.810.930.70.880.620.70.871.00.870.840.90.680.870.910.830.66
Click cells to compare fundamentals

Nextera Energy Account Relationship Matchups

Nextera Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.9B2.0B2.0B2.0B2.0B1.7B
Total Assets117.7B127.7B140.9B158.9B177.5B186.4B
Short Long Term Debt Total42.6B48.1B54.8B65.0B73.2B76.9B
Other Current Liab4.7B4.3B6.2B8.1B7.0B7.4B
Total Current Liabilities13.9B15.6B17.4B26.7B28.0B29.4B
Total Stockholder Equity37.0B36.5B37.2B39.2B47.5B49.8B
Property Plant And Equipment Net82.0B91.8B99.3B111.1B125.8B132.1B
Current Deferred Revenue499M474M485M560M638M520.2M
Net Debt42.0B47.0B54.2B63.4B70.5B74.0B
Retained Earnings25.2B25.4B25.9B26.7B30.2B31.7B
Accounts Payable3.6B4.6B6.9B8.3B8.5B8.9B
Cash600M1.1B639M1.6B2.7B2.8B
Non Current Assets Total110.3B120.3B131.6B145.4B162.1B170.2B
Non Currrent Assets Other3.3B3.7B4.4B6.4B4.6B4.1B
Cash And Short Term Investments600M1.1B639M1.6B2.7B2.8B
Net Receivables2.8B3.0B4.1B5.1B6.0B6.3B
Liabilities And Stockholders Equity117.7B127.7B140.9B158.9B177.5B186.4B
Non Current Liabilities Total62.5B67.2B78.1B82.8B90.5B95.0B
Inventory1.3B1.6B1.6B1.9B2.1B2.2B
Other Current Assets1.9B1.8B3.0B4.9B4.5B4.8B
Other Stockholder Equity12.0B11.2B11.3B12.7B17.4B8.8B
Total Liab76.3B82.8B95.5B109.5B118.5B124.4B
Property Plant And Equipment Gross82.0B91.8B128.2B142.3B159.3B167.2B
Total Current Assets7.4B7.4B9.3B13.5B15.4B16.1B
Accumulated Other Comprehensive Income(188M)(169M)(92M)(218M)(153M)(145.4M)
Short Term Debt5.0B6.1B3.9B9.7B11.8B12.4B
Other Liab24.4B25.3B26.8B27.2B31.2B32.8B
Other Assets8.9B24.2B12.4B15.5B17.8B18.7B
Long Term Debt37.5B41.9B51.0B55.3B61.4B64.5B
Property Plant Equipment82.0B91.8B99.3B111.1B127.7B134.1B
Noncontrolling Interest In Consolidated Entity4.4B8.4B8.2B9.1B10.5B11.0B
Good Will4.2B4.3B4.8B4.9B5.1B5.3B
Retained Earnings Total Equity25.2B25.4B25.9B26.7B30.7B15.7B
Deferred Long Term Liab9.2B9.2B4.6B12.0B13.8B14.5B
Intangible Assets552M693M742M759M1.7B1.8B
Net Tangible Assets70.8B32.3B32.4B35.5B31.9B38.4B

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When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy's 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 Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:
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 income.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electric Utilities 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 Nextera Energy. If investors know Nextera 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 Nextera Energy 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
0.5
Dividend Share
2.013
Earnings Share
3.37
Revenue Per Share
12.79
Quarterly Revenue Growth
0.055
The market value of Nextera Energy is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy's 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 Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy's 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 Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy's 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.