New Ebit from 2010 to 2024

NFE Stock  USD 26.93  0.55  2.00%   
New Fortress' EBIT is increasing over the years with slightly volatile fluctuation. Overall, EBIT is expected to go to about 977.8 M this year. During the period from 2010 to 2024 New Fortress EBIT annual values regression line had coefficient of variation of  284.20 and r-squared of  0.44. View All Fundamentals
 
EBIT  
First Reported
2016-12-31
Previous Quarter
318.6 M
Current Value
155.6 M
Quarterly Volatility
121.2 M
 
Covid
Check New Fortress financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New main balance sheet or income statement drivers, such as Tax Provision of 75.9 M, Interest Income of 8.2 M or Depreciation And Amortization of 196.7 M, as well as many exotic indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0978 or PTB Ratio of 4.08. New financial statements analysis is a perfect complement when working with New Fortress Valuation or Volatility modules.
  
This module can also supplement New Fortress' financial leverage analysis and stock options assessment as well as various New Fortress Technical models . Check out the analysis of New Fortress Correlation against competitors.

Latest New Fortress' Ebit Growth Pattern

Below is the plot of the Ebit of New Fortress Energy over the last few years. It is New Fortress' EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Fortress' overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

New Ebit Regression Statistics

Arithmetic Mean127,961,510
Coefficient Of Variation284.20
Mean Deviation269,551,681
Median(27,005,000)
Standard Deviation363,667,527
Sample Variance132254.1T
Range1.2B
R-Value0.67
Mean Square Error79179.8T
R-Squared0.44
Significance0.01
Slope54,189,466
Total Sum of Squares1851557T

New Ebit History

2024977.8 M
2023931.2 M
2022385.7 M
2021238.9 M
2020-155.4 M
2019-187.3 M
2018-57.7 M

Other Fundumenentals of New Fortress Energy

About New Fortress Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include New Fortress income statement, its balance sheet, and the statement of cash flows. New Fortress investors use historical funamental indicators, such as New Fortress's Ebit, to determine how well the company is positioned to perform in the future. Although New Fortress investors may use each financial statement separately, they are all related. The changes in New Fortress's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Fortress's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Fortress Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Fortress. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EBIT931.2 M977.8 M
EBITDA1.1 B1.2 B
Ebt Per Ebit 0.71  1.09 
Ebit Per Revenue 0.39  0.41 

New Fortress Investors Sentiment

The influence of New Fortress' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in New. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to New Fortress' public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Fortress Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
New Fortress' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for New Fortress' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average New Fortress' news discussions. The higher the estimated score, the more favorable is the investor's outlook on New Fortress.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Fortress in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Fortress' short interest history, or implied volatility extrapolated from New Fortress options trading.

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When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out the analysis of New Fortress Correlation against competitors.
Note that the New Fortress Energy information on this page should be used as a complementary analysis to other New Fortress' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running New Fortress' price analysis, check to measure New Fortress' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Fortress is operating at the current time. Most of New Fortress' value examination focuses on studying past and present price action to predict the probability of New Fortress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Fortress' price. Additionally, you may evaluate how the addition of New Fortress to your portfolios can decrease your overall portfolio volatility.
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Is New Fortress' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Dividend Share
0.4
Earnings Share
2.2
Revenue Per Share
12.313
Quarterly Revenue Growth
0.192
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.