New Fortress Energy LLC (NFE) — Cash Flow Quality Index

Latest as of September 2024: -1.80x

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 long-term investment intensity of New Fortress Energy LLC to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-1.80x
Operating CF / Net Income

Operating Cash Flow

$-16.77 Million
USD

Net Income

$9.30 Million
USD

Data as of

Sep 2024
Most recent filing

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. Check tangible equity quality of New Fortress Energy LLC to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for New Fortress Energy LLC (2021–2023)

Year-by-year earnings quality comparison for New Fortress Energy LLC. For live market cap and the full company financial profile, see New Fortress Energy LLC stock valuation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.