New Fortress Energy Inc. (NFE)

New Fortress Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	90.84	155.41	675.49	187.51	601.52	27.1
Accounts Receivable	435.88	351.09	288.4	208.5	80.57	53.68
Other Receivables	100.17	82.2	38.2	36.35	9.22	1.58
Inventory	88.1	113.68	39.07	37.18	22.86	70.53
Prepaid Expenses	23.03	31.49	56.38	19.95	16.93	7.46
Restricted Cash	145.88	155.4	165.4	68.56	12.81	30.97
Other Current Assets	150.06	90.7	124.22	26.81	18.1	19.82
Total Current Assets	1,034	979.97	1,387	584.87	762.01	211.12
Property, Plant & Equipment	9,827	8,418	4,913	3,491	989.59	658.81
Goodwill	776.76	776.76	776.76	760.14	-	-
Other Intangible Assets	206.27	51.82	85.9	142.94	46.1	61.3
Long-Term Investments	8.68	145.47	410.11	1,201	1.26	2.54
Long-Term Deferred Tax Assets	13.38	9.91	8.07	6	2.32	0.03
Long-Term Deferred Charges	21.14	22.42	9.77	10.38	10.69	8.51
Long-Term Accounts Receivable	17.75	19.9	28.65	639.43	37.48	110.65
Other Long-Term Assets	64.71	76.91	85.45	40.37	58.65	70.85
Total Assets	11,970	10,501	7,705	6,876	1,908	1,124
Accounts Payable	819.54	549.49	80.39	68.09	21.33	11.59
Accrued Expenses	380.57	481.25	543.6	252.78	99.33	65.2
Current Portion of Long-Term Debt	1,146	292.63	64.82	97.25	-	-
Current Unearned Revenue	121.36	65.29	12.75	28.66	7.12	6.54
Current Portion of Leases	120.95	164.55	48.74	47.11	35.48	-
Current Income Taxes Payable	72.76	54.04	6.26	8.88	2.05	-
Other Current Liabilities	48.01	99.05	652.68	59.74	25.84	18.93
Total Current Liabilities	2,709	1,706	1,409	562.51	191.15	102.26
Long-Term Debt	6,863	6,511	4,477	3,758	1,240	619.87
Long-Term Leases	494.22	406.49	302.12	234.06	84.32	-
Long-Term Deferred Tax Liabilities	66.23	44.44	25.99	269.51	2.33	0.24
Other Long-Term Liabilities	50.25	55.63	49.01	58.48	14.93	14.11
Total Liabilities	10,183	8,723	6,263	4,882	1,533	736.49
Common Stock	2.05	2.05	2.09	2.07	1.75	130.66
Additional Paid-In Capital	1,086	1,039	1,170	1,924	594.53	-
Retained Earnings	438.5	527.99	62.08	-132.4	-229.5	-45.82
Comprehensive Income & Other	37.14	71.53	55.4	-2.09	0.18	-0.03
Total Common Equity	1,564	1,640	1,290	1,792	366.96	84.81
Minority Interest	126.81	137.78	152.04	202.48	8.13	302.52
Shareholders' Equity	1,787	1,778	1,442	1,994	375.09	387.32
Total Liabilities & Equity	11,970	10,501	7,705	6,876	1,908	1,124
Total Debt	8,624	7,374	4,893	4,136	1,360	619.87
Net Cash (Debt)	-8,533	-7,219	-4,217	-3,949	-758.56	-592.77
Net Cash Per Share	-41.32	-34.96	-20.10	-19.58	-7.11	-28.41
Filing Date Shares Outstanding	251.42	205.03	208.77	206.86	175.96	23.61
Total Common Shares Outstanding	205.07	205	208.77	206.86	174.62	23.61
Working Capital	-1,675	-726.32	-22.08	22.36	570.86	108.86
Book Value Per Share	7.62	8.00	6.18	8.66	2.10	3.59
Tangible Book Value	580.62	811.52	427.16	888.5	320.86	23.5
Tangible Book Value Per Share	2.83	3.96	2.05	4.30	1.84	1.00
Land	54.52	54.32	53	55.01	16.25	15.4
Machinery	2,047	1,925	1,737	1,668	188.86	14.98
Construction In Progress	7,051	5,348	2,419	1,044	234.04	466.59

Source: S&P Capital IQ. Utility template. Financial Sources.