Cash flow New Fortress Energy Inc.

Equities

NFE

US6443931000

Natural Gas Utilities

Real-time Estimate Cboe BZX Other stock markets 09:28:26 16/09/2024 pm IST			5-day change	1st Jan Change
11.74 ^USD	-0.25%		+14.77%	-69.00%

04/09	Sector Update: Energy Stocks Steady Premarket Wednesday	MT
03/09	Sector Update: Energy Stocks Retreat Late Afternoon	MT

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Published financial data: NEW FORTRESS ENERGY INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues - (Utility Template)	15Cr	32Cr	116.16Cr	233.58Cr	233.71Cr
Interest and Investment Income, Total (Revenue Block)	1.63Cr	35.86L	3.53Cr	3.25Cr	-
Other Revenues, Total	2.73Cr	13Cr	13Cr	-	4.99Cr
Total Revenues	19Cr	45Cr	132.28Cr	236.83Cr	238.7Cr
Operations And Maintenance	2.56Cr	4.43Cr	7.01Cr	10Cr	12Cr
Selling General & Admin Expenses, Total	15Cr	16Cr	24Cr	33Cr	34Cr
Depreciation & Amortization - (IS) - (Collected)	79.4L	3.24Cr	9.84Cr	14Cr	19Cr
Other Operating Expenses	19Cr	24Cr	63Cr	99Cr	83Cr
Total Operating Expenses	38Cr	48Cr	103.93Cr	155.84Cr	148.21Cr
Operating Income (REIT / Utility Template)	-19Cr	-3.12Cr	28Cr	81Cr	90Cr
Interest Expense, Total	-1.94Cr	-6.57Cr	-15Cr	-21Cr	-28Cr
Interest and Investment Income	39.23L	-	-	-	2.63Cr
Net Interest Expenses	-1.55Cr	-6.57Cr	-15Cr	-21Cr	-25Cr
Income (Loss) on Equity Invest.	-	-	1.44Cr	-47Cr	99.72L
Currency Exchange Gains (Loss)	-	-	-	2.04Cr	-
Other Non Operating Income (Expenses)	-	-50.05L	33.34L	-52.83L	2.7Cr
EBT, Excl. Unusual Items	-20Cr	-10Cr	15Cr	15Cr	69Cr
Total Merger & Related Restructuring Charges	-	-	-4.47Cr	-2.18Cr	-69.46L
Gain (Loss) on Sale of Investments	-11.16L	-	82.54L	19.33L	-3.74Cr
Gain (Loss) on Sale of Assets	-	-	-	-	2.94Cr
Asset Writedown	-	-	-	-5.07Cr	-1.1Cr
Other Unusual Items	-	-16Cr	-1.1Cr	-1.5Cr	-
EBT, Incl. Unusual Items	-20Cr	-26Cr	11Cr	6.13Cr	66Cr
Income Tax Expense	4L	48.17L	1.25Cr	-12Cr	12Cr
Earnings From Continuing Operations	-20Cr	-26Cr	9.27Cr	18Cr	55Cr
Net Income to Company	-20Cr	-26Cr	9.27Cr	18Cr	55Cr
Minority Interest	17Cr	8.18Cr	43.93L	96.93L	-10L
Net Income - (IS)	-3.38Cr	-18Cr	9.71Cr	19Cr	55Cr
Net Income to Common Incl Extra Items	-3.38Cr	-18Cr	9.71Cr	19Cr	55Cr
Net Income to Common Excl. Extra Items	-3.38Cr	-18Cr	9.71Cr	19Cr	55Cr
Per Share Items
Net EPS - Basic	-1.62	-1.71	0.49	0.93	2.66
Basic EPS - Continuing Operations	-1.62	-1.71	0.49	0.93	2.66
Basic Weighted Average Shares Outstanding	2.09Cr	11Cr	20Cr	21Cr	21Cr
Net EPS - Diluted	-1.62	-1.71	0.47	0.93	2.65
Diluted EPS - Continuing Operations	-1.62	-1.71	0.47	0.93	2.65
Diluted Weighted Average Shares Outstanding	2.09Cr	11Cr	20Cr	21Cr	21Cr
Normalized Basic EPS	2.1	0.17	0.5	0.48	2.09
Normalized Diluted EPS	2.1	0.17	0.49	0.48	2.08
Dividend Per Share	-	0.2	0.4	0.4	3.4
Payout Ratio	-	-18.52	91.4	50.93	132.14
Supplemental Items
Utility Revenues	15Cr	32Cr	93Cr	197.86Cr	206.02Cr
Non Utility Revenues	4.36Cr	13Cr	39Cr	39Cr	35Cr
EBITDA	-18Cr	20.59L	38Cr	95Cr	109.22Cr
EBITA	-19Cr	-3.01Cr	30Cr	85Cr	93Cr
EBIT	-19Cr	-3.12Cr	28Cr	81Cr	90Cr
EBITDAR	-14Cr	4.54Cr	43Cr	105.15Cr	123.06Cr
Total Revenues (As Reported)	19Cr	45Cr	132.28Cr	236.83Cr	241.33Cr
Effective Tax Rate - (Ratio)	-0.22	-1.86	11.85	-201.21	17.39
Current Domestic Taxes	-	-	3L	3.78Cr	4.72Cr
Current Foreign Taxes	47T	20.63L	2.1Cr	12Cr	5.34Cr
Total Current Taxes	47T	20.63L	2.13Cr	16Cr	10Cr
Deferred Domestic Taxes	-	-	-	57.94L	40.3L
Deferred Foreign Taxes	4L	27.54L	-88.25L	-29Cr	1.09Cr
Total Deferred Taxes	4L	27.54L	-88.25L	-28Cr	1.49Cr
Normalized Net Income	4.38Cr	1.81Cr	9.97Cr	10Cr	43Cr
Interest Capitalized	2.52Cr	2.59Cr	3.01Cr	9.45Cr	30Cr
Interest on Long-Term Debt	4.47Cr	11Cr	19Cr	33Cr	57Cr
Supplemental Operating Expense Items
Net Rental Expense, Total	3.71Cr	4.33Cr	4.97Cr	9.81Cr	14Cr
Imputed Operating Lease Interest Expense	2.96Cr	3.21Cr	2.58Cr	5.22Cr	10Cr
Imputed Operating Lease Depreciation	74.51L	1.12Cr	2.39Cr	4.59Cr	3.48Cr
Stock-Based Comp., COGS (Total)	9L	8L	8L	4T	-
Stock-Based Comp., SG&A Exp. (Total)	4.06Cr	79.43L	3.62Cr	26.73L	-
Stock-Based Comp., Other (Total)	-	-	-	2.77Cr	15.73L
Total Stock-Based Compensation	4.14Cr	87.43L	3.7Cr	3.04Cr	15.73L

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	2.71Cr	60Cr	19Cr	68Cr	16Cr
Short Term Investments - (Utility / Insurance Templates)	-	-	-	-	-
Accounts Receivable, Total	5.48Cr	8.19Cr	22Cr	28Cr	35Cr
Other Receivables	15.77L	18.81L	3.51Cr	3.82Cr	8.22Cr
Accounts Receivable (Summary Subtotal)	5.63Cr	8.38Cr	25Cr	32Cr	43Cr
Inventory - (Utility Template)	7.05Cr	3.48Cr	3.72Cr	3.91Cr	11Cr
Prepaid Expenses	74.58L	49.41L	2Cr	5.64Cr	3.15Cr
Restricted Cash	3.1Cr	1.28Cr	6.86Cr	17Cr	16Cr
Other Current Assets, Total	1.87Cr	2.41Cr	2.06Cr	13Cr	9.07Cr
Total Current Assets	21Cr	76Cr	58Cr	138.72Cr	98Cr
Gross Property Plant And Equipment	68Cr	105.21Cr	363.4Cr	516.34Cr	881.74Cr
Accumulated Depreciation	-1.69Cr	-6.25Cr	-14Cr	-25Cr	-40Cr
Net Property Plant And Equipment	66Cr	99Cr	349.15Cr	491.32Cr	841.81Cr
Goodwill	-	-	76Cr	78Cr	78Cr
Other Intangibles, Total	6.13Cr	4.61Cr	14Cr	8.59Cr	5.18Cr
Long-Term Investments - (Utility Template)	25.4L	10.95L	120.09Cr	41Cr	15Cr
Accounts Receivable Long-Term	11Cr	3.75Cr	64Cr	3.33Cr	1.99Cr
Deferred Tax Assets Long-Term (Collected)	34T	23.15L	59.99L	80.74L	99.07L
Deferred Charges Long-Term	85.08L	1.07Cr	1.04Cr	97.73L	2.24Cr
Other Long-Term Assets, Total	7.09Cr	5.88Cr	4.04Cr	8.08Cr	7.69Cr
Total Assets	112.38Cr	190.81Cr	687.65Cr	770.51Cr	1.05TCr
Liabilities
Accounts Payable, Total	1.16Cr	2.13Cr	6.81Cr	8.04Cr	55Cr
Accrued Expenses, Total	6.53Cr	9.93Cr	25Cr	54Cr	48Cr
Current Portion of Long-Term Debt	-	-	12Cr	6.48Cr	29Cr
Current Portion of Leases	-	3.55Cr	4.71Cr	4.87Cr	16Cr
Current Income Taxes Payable	-	-	88.81L	62.61L	5.4Cr
Unearned Revenue, Current	-	83.99L	2.87Cr	1.27Cr	6.53Cr
Other Current Liabilities - (Bank / Utility Template)	2.54Cr	2.66Cr	3.75Cr	65Cr	9.9Cr
Total Current Liabilities	10Cr	19Cr	56Cr	140.92Cr	170.63Cr
Long-Term Debt	62Cr	124.03Cr	375.79Cr	447.69Cr	651.05Cr
Long-Term Leases	-	8.43Cr	23Cr	30Cr	41Cr
Deferred Tax Liability Non-Current	2L	23.3L	27Cr	2.6Cr	4.44Cr
Other Non Current Liabilities, Total	1.41Cr	1.49Cr	5.85Cr	4.9Cr	5.56Cr
Total Liabilities	74Cr	153.3Cr	488.24Cr	626.32Cr	872.34Cr
Common Stock, Total	13Cr	17.46L	20.69L	20.88L	20.5L
Additional Paid In Capital	-	59Cr	192.4Cr	117.03Cr	103.85Cr
Retained Earnings	-4.58Cr	-23Cr	-13Cr	6.21Cr	53Cr
Comprehensive Income and Other	-30T	2L	-20.85L	5.54Cr	7.15Cr
Total Common Equity	8.48Cr	37Cr	179.16Cr	128.98Cr	164.01Cr
Minority Interest	30Cr	81.27L	20Cr	15Cr	14Cr
Total Equity	39Cr	38Cr	199.41Cr	144.19Cr	177.79Cr
Total Liabilities And Equity	112.38Cr	190.81Cr	687.65Cr	770.51Cr	1.05TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.36Cr	18Cr	21Cr	21Cr	21Cr
ECS Total Common Shares Outstanding	2.36Cr	17Cr	21Cr	21Cr	20Cr
Book Value / Share	3.59	2.1	8.66	6.18	8
Tangible Book Value	2.35Cr	32Cr	89Cr	43Cr	81Cr
Tangible Book Value Per Share	1	1.84	4.3	2.05	3.96
Total Debt	62Cr	136.01Cr	415.82Cr	489.25Cr	737.42Cr
Net Debt	59Cr	76Cr	397.07Cr	421.71Cr	721.88Cr
Debt Equivalent Oper. Leases	30Cr	35Cr	40Cr	78Cr	110.7Cr
Minority Interest, Total (Incl. Fin. Div)	30Cr	81.27L	20Cr	15Cr	14Cr
Equity Method Investments, Total	-	-	118.2Cr	39Cr	14Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	12.5L	48.88L	1.56Cr	1.55Cr	2.81Cr
Inventories - Finished Goods, Total	5.74Cr	1.4Cr	1.68Cr	1.54Cr	7.54Cr
Inventories - Others	47.46L	39.86L	47.89L	81.64L	1.01Cr
Land - (BS)	1.54Cr	1.62Cr	5.5Cr	5.3Cr	5.43Cr
Machinery, Total	-	19Cr	166.81Cr	173.71Cr	192.53Cr
Full Time Employees	201	231	671	577	677
Accumulated Allowance for Doubtful Accounts (Supple)	-	98T	2L	9L	11.58L

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-3.38Cr	-18Cr	9.71Cr	19Cr	55Cr
Depreciation, Depletion & Amortization	75.27L	3.22Cr	8.09Cr	11Cr	16Cr
Amortization of Goodwill and Intangible Assets - (CF)	11.14L	11.2L	1.86Cr	3.72Cr	2.69Cr
Total Depreciation, Depletion & Amortization	86.41L	3.33Cr	9.95Cr	14Cr	19Cr
Amortization of Deferred Charges, Total	58.73L	1.05Cr	1.41Cr	25.36L	65.89L
(Gain) Loss On Sale of Asset - (CF)	-	-	-	1.16Cr	-2.94Cr
(Gain) Loss on Sale of Investments - (CF)	11.16L	-	-82.54L	-	3.74Cr
Total Asset Writedown	-	-	-	5.07Cr	1.1Cr
(Income) Loss On Equity Investments - (CF)	-	-	-1.44Cr	47Cr	-99.72L
Stock-Based Compensation (CF)	4.12Cr	87.43L	3.7Cr	3.04Cr	15.73L
Change in Accounts Receivable	-1.98Cr	-2.68Cr	-12Cr	-14Cr	-4.1Cr
Change In Inventories	-5.03Cr	2.32Cr	-1.12Cr	-79.33L	-3.98Cr
Change in Accounts Payable	30.36L	5.55Cr	1.75Cr	6.77Cr	7.81Cr
Change in Other Net Operating Assets (Collected)	-2.29Cr	-2.94Cr	-3.06Cr	-2.47Cr	19Cr
Other Operating Activities	-17Cr	-1.85Cr	75.08L	-45Cr	-12Cr
Cash from Operations	-23Cr	-13Cr	8.48Cr	36Cr	82Cr
Capital Expenditure	-38Cr	-16Cr	-67Cr	-117.4Cr	-302.98Cr
Sale of Property, Plant, and Equipment	-	-	-	-	1.65Cr
Cash Acquisitions	-	-	-159.49Cr	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	50Cr	10Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	9L	-	-	-	-
Other Investing Activities, Total	-	-6L	-93.54L	59Cr	92.27L
Cash from Investing	-38Cr	-16Cr	-227.36Cr	-8.27Cr	-290.41Cr
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	35Cr	209.53Cr	243.46Cr	203.2Cr	300.54Cr
Total Debt Issued	35Cr	209.53Cr	243.46Cr	203.2Cr	300.54Cr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-50L	-149Cr	-46Cr	-152.08Cr	-69Cr
Total Debt Repaid	-50L	-149Cr	-46Cr	-152.08Cr	-69Cr
Issuance of Common Stock	27Cr	29Cr	-	-	-
Repurchase of Common Stock	-	-64.13L	-3.01Cr	-7.26Cr	-95.19L
Common Dividends Paid	-	-3.37Cr	-8.88Cr	-9.9Cr	-72Cr
Common & Preferred Stock Dividends Paid	-	-3.37Cr	-8.88Cr	-9.9Cr	-72Cr
Other Financing Activities, Total	-1.52Cr	-3.76Cr	-3.78Cr	-1.76Cr	-5.64Cr
Cash from Financing	60Cr	82Cr	181.69Cr	32Cr	152.9Cr
Foreign Exchange Rate Adjustments	-	-	65.41L	-32.89L	61.68L
Net Change in Cash	-78.18L	54Cr	-37Cr	59Cr	-54Cr
Supplemental Items
Cash Interest Paid	67.65L	2.73Cr	15Cr	16Cr	10Cr
Cash Income Tax Paid (Refund)	28T	58T	1.73Cr	15Cr	5.29Cr
Net Debt Issued / Repaid	34Cr	61Cr	197.36Cr	51Cr	231.89Cr
Levered Free Cash Flow	-59Cr	-8.81Cr	-43Cr	-5.68Cr	-260.19Cr
Unlevered Free Cash Flow	-58Cr	-5.75Cr	-35Cr	6.93Cr	-243.49Cr
Change In Net Working Capital	14Cr	-7.69Cr	-36.79L	-56Cr	16Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-12.84	-1.29	4.03	6.94	6.21
Return on Total Capital	-14.98	-1.42	4.49	8.12	7.3
Return On Equity %	-60.99	-69.24	7.83	10.76	34.09
Return on Common Equity	-19.15	-80.64	9	12.62	37.4
Margin Analysis
Gross Profit Margin %	-10.96	36.33	47.27	54.04	59.84
SG&A Margin	81.07	36.08	18.4	13.82	14.09
EBITDA Margin %	-94.45	0.46	28.96	40.26	45.76
EBITA Margin %	-98.43	-6.67	22.84	35.76	39.03
EBIT Margin %	-99.02	-6.92	21.44	34.2	37.91
Income From Continuing Operations Margin %	-108.03	-58.44	7.01	7.8	22.99
Net Income Margin %	-17.88	-40.33	7.34	8.21	22.95
Net Avail. For Common Margin %	-17.88	-40.33	7.34	8.21	22.95
Normalized Net Income Margin	23.15	4	7.54	4.29	18.03
Levered Free Cash Flow Margin	-311.49	-19.5	-32.56	-2.4	-109.01
Unlevered Free Cash Flow Margin	-308.18	-12.74	-26.6	2.93	-102.01
Asset Turnover
Asset Turnover	0.21	0.3	0.3	0.32	0.26
Fixed Assets Turnover	0.38	0.55	0.59	0.56	0.36
Receivables Turnover (Average Receivables)	3.45	4.69	7.83	9.56	7.31
Inventory Turnover (Average Inventory)	4.09	5.46	23.23	28.55	12.55
Short Term Liquidity
Current Ratio	2.06	3.99	1.04	0.98	0.57
Quick Ratio	0.82	3.59	0.78	0.71	0.35
Operating Cash Flow to Current Liabilities	-2.29	-0.66	0.15	0.25	0.48
Days Sales Outstanding (Average Receivables)	105.65	77.97	46.59	38.19	49.94
Days Outstanding Inventory (Average Inventory)	89.27	67.06	15.71	12.78	29.08
Average Days Payable Outstanding	40.26