Nextera Non Recurring vs Depreciation And Amortization Analysis
NEE Stock | USD 76.00 0.85 1.11% |
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 Non Recurring and its Depreciation And Amortization 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.
Non Recurring vs Depreciation And Amortization
Non Recurring vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Non Recurring account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nextera Energy's Non Recurring and Depreciation And Amortization is -0.55. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Depreciation And Amortization 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 Non Recurring and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Nextera Energy are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Recurring i.e., Nextera Energy's Non Recurring and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Recurring
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 Profit | 8.6B | 10.1B | 18.0B | 18.9B | Total Revenue | 17.1B | 21.0B | 28.1B | 29.5B |
Nextera Energy fundamental ratios Correlations
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Nextera Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nextera Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.9B | 2.0B | 2.0B | 2.0B | 2.0B | 1.7B | |
Total Assets | 117.7B | 127.7B | 140.9B | 158.9B | 177.5B | 186.4B | |
Short Long Term Debt Total | 42.6B | 48.1B | 54.8B | 65.0B | 73.2B | 76.9B | |
Other Current Liab | 4.7B | 4.3B | 6.2B | 8.1B | 7.0B | 7.4B | |
Total Current Liabilities | 13.9B | 15.6B | 17.4B | 26.7B | 28.0B | 29.4B | |
Total Stockholder Equity | 37.0B | 36.5B | 37.2B | 39.2B | 47.5B | 49.8B | |
Property Plant And Equipment Net | 82.0B | 91.8B | 99.3B | 111.1B | 125.8B | 132.1B | |
Current Deferred Revenue | 499M | 474M | 485M | 560M | 638M | 520.2M | |
Net Debt | 42.0B | 47.0B | 54.2B | 63.4B | 70.5B | 74.0B | |
Retained Earnings | 25.2B | 25.4B | 25.9B | 26.7B | 30.2B | 31.7B | |
Accounts Payable | 3.6B | 4.6B | 6.9B | 8.3B | 8.5B | 8.9B | |
Cash | 600M | 1.1B | 639M | 1.6B | 2.7B | 2.8B | |
Non Current Assets Total | 110.3B | 120.3B | 131.6B | 145.4B | 162.1B | 170.2B | |
Non Currrent Assets Other | 3.3B | 3.7B | 4.4B | 6.4B | 4.6B | 4.1B | |
Cash And Short Term Investments | 600M | 1.1B | 639M | 1.6B | 2.7B | 2.8B | |
Net Receivables | 2.8B | 3.0B | 4.1B | 5.1B | 6.0B | 6.3B | |
Liabilities And Stockholders Equity | 117.7B | 127.7B | 140.9B | 158.9B | 177.5B | 186.4B | |
Non Current Liabilities Total | 62.5B | 67.2B | 78.1B | 82.8B | 90.5B | 95.0B | |
Inventory | 1.3B | 1.6B | 1.6B | 1.9B | 2.1B | 2.2B | |
Other Current Assets | 1.9B | 1.8B | 3.0B | 4.9B | 4.5B | 4.8B | |
Other Stockholder Equity | 12.0B | 11.2B | 11.3B | 12.7B | 17.4B | 8.8B | |
Total Liab | 76.3B | 82.8B | 95.5B | 109.5B | 118.5B | 124.4B | |
Property Plant And Equipment Gross | 82.0B | 91.8B | 128.2B | 142.3B | 159.3B | 167.2B | |
Total Current Assets | 7.4B | 7.4B | 9.3B | 13.5B | 15.4B | 16.1B | |
Accumulated Other Comprehensive Income | (188M) | (169M) | (92M) | (218M) | (153M) | (145.4M) | |
Short Term Debt | 5.0B | 6.1B | 3.9B | 9.7B | 11.8B | 12.4B | |
Other Liab | 24.4B | 25.3B | 26.8B | 27.2B | 31.2B | 32.8B | |
Other Assets | 8.9B | 24.2B | 12.4B | 15.5B | 17.8B | 18.7B | |
Long Term Debt | 37.5B | 41.9B | 51.0B | 55.3B | 61.4B | 64.5B | |
Property Plant Equipment | 82.0B | 91.8B | 99.3B | 111.1B | 127.7B | 134.1B | |
Noncontrolling Interest In Consolidated Entity | 4.4B | 8.4B | 8.2B | 9.1B | 10.5B | 11.0B | |
Good Will | 4.2B | 4.3B | 4.8B | 4.9B | 5.1B | 5.3B | |
Retained Earnings Total Equity | 25.2B | 25.4B | 25.9B | 26.7B | 30.7B | 15.7B | |
Deferred Long Term Liab | 9.2B | 9.2B | 4.6B | 12.0B | 13.8B | 14.5B | |
Intangible Assets | 552M | 693M | 742M | 759M | 1.7B | 1.8B | |
Net Tangible Assets | 70.8B | 32.3B | 32.4B | 35.5B | 31.9B | 38.4B |
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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 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.