New Fortress Energy Inc (NFE)
9.51
+0.33
(+3.59%)
USD |
NASDAQ |
Nov 21, 16:00
9.40
-0.11
(-1.16%)
After-Hours: 20:00
New Fortress Energy Debt to Equity Ratio: 5.122 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 5.122 |
| June 30, 2024 | 4.890 |
| March 31, 2024 | 4.204 |
| December 31, 2023 | 4.148 |
| September 30, 2023 | 4.295 |
| June 30, 2023 | 3.862 |
| March 31, 2023 | 4.026 |
| December 31, 2022 | 3.521 |
| September 30, 2022 | 2.412 |
| June 30, 2022 | 2.202 |
| March 31, 2022 | 1.863 |
| December 31, 2021 | 2.152 |
| September 30, 2021 | 2.323 |
| June 30, 2021 | 2.004 |
| Date | Value |
|---|---|
| March 31, 2021 | 4.342 |
| December 31, 2020 | 3.378 |
| September 30, 2020 | 10.80 |
| June 30, 2020 | 6.645 |
| March 31, 2020 | 13.22 |
| December 31, 2019 | 7.300 |
| September 30, 2019 | 7.107 |
| June 30, 2019 | 6.172 |
| March 31, 2019 | 6.367 |
| December 31, 2018 | 1.014 |
| September 30, 2018 | 0.3984 |
| June 30, 2018 | |
| March 31, 2018 | |
| December 31, 2017 | 0.2698 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.863
Minimum
Mar 2022
13.22
Maximum
Mar 2020
4.635
Average
4.087
Median
Debt to Equity Ratio Benchmarks
| Atmos Energy Corp | 0.6474 |
| Black Hills Corp | 1.238 |
| RGC Resources Inc | 1.264 |
| Sempra | 1.156 |
| OPAL Fuels Inc | -1.351 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.97B |
| Total Liabilities (Quarterly) | 10.28B |
| Shareholders Equity (Quarterly) | 1.564B |
| Current Ratio | 0.3817 |
| Net Debt Paydown Yield | -27.65% |