New Fortress Energy LLC (NFE) — Cash Flow Quality Index
New Fortress Energy LLC (NFE) has a Cash Flow Quality Index of -1.80x as of September 2024. Operating cash flow of $-16.77 Million is below net income of $9.30 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NFE debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
New Fortress Energy LLC Cash Flow Quality Index (2021–2023)
Historical Cash Flow Quality Index for New Fortress Energy LLC across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does New Fortress Energy LLC generate cash.
Annual Cash Flow Quality Index for New Fortress Energy LLC (2021–2023)
Year-by-year earnings quality comparison for New Fortress Energy LLC.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.51x | $824.76 Million | $547.88 Million | ▼ -21.7% |
| 2022 | 1.92x | $355.11 Million | $184.79 Million | ▲ +110.2% |
| 2021 | 0.91x | $84.77 Million | $92.71 Million | — |