New Fortress Energy LLC (NFE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, New Fortress Energy LLC (NFE) has a cash flow conversion efficiency ratio of -0.170x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-191.03 Million) by net assets ($1.12 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Fortress Energy LLC - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how New Fortress Energy LLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read New Fortress Energy LLC total liabilities for a breakdown of total debt and financial obligations.
New Fortress Energy LLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Fortress Energy LLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Varia US Properties Ltd
SW:VARN
|
0.001x |
|
Grupo Clarin S.A.
BA:GCLA
|
-0.134x |
|
Gaon Group Ltd
TA:GAGR
|
0.026x |
|
QuantaSing Group Limited American Depositary Shares
NASDAQ:QSG
|
0.061x |
|
GTM Holdings Corp
TW:1437
|
0.019x |
|
Mayfair Gold Corp
V:MFG
|
-0.027x |
|
Viant Technology Inc
NASDAQ:DSP
|
0.115x |
|
Millennial Potash Corp.
V:MLP
|
0.004x |
Annual Cash Flow Conversion Efficiency for New Fortress Energy LLC (2016–2024)
The table below shows the annual cash flow conversion efficiency of New Fortress Energy LLC from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see NFE market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.00 Billion | $586.74 Million | 0.294x | -36.73% |
| 2023-12-31 | $1.78 Billion | $824.76 Million | 0.464x | +88.36% |
| 2022-12-31 | $1.44 Billion | $355.11 Million | 0.246x | +479.34% |
| 2021-12-31 | $1.99 Billion | $84.77 Million | 0.043x | +112.70% |
| 2020-12-31 | $375.09 Million | $-125.57 Million | -0.335x | +44.65% |
| 2019-12-31 | $387.32 Million | $-234.26 Million | -0.605x | -83.37% |
| 2018-12-31 | $282.65 Million | $-93.23 Million | -0.330x | -67.59% |
| 2017-12-31 | $278.91 Million | $-54.89 Million | -0.197x | -30.94% |
| 2016-12-31 | $289.37 Million | $-43.49 Million | -0.150x | -- |
About New Fortress Energy LLC
New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and logistics, shipping, facilities and conversion, or dev… Read more