Nextera Current Deferred Revenue vs Other Current Liab Analysis
NEP Stock | USD 33.85 0.21 0.62% |
Nextera Energy financial indicator trend analysis is infinitely more than just investigating Nextera Energy Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextera Energy Partners is a good investment. Please check the relationship between Nextera Energy Current Deferred Revenue and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.
Current Deferred Revenue vs Other Current Liab
Current Deferred Revenue vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Partners Current Deferred Revenue account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nextera Energy's Current Deferred Revenue and Other Current Liab is 0.51. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Nextera Energy Partners, assuming nothing else is changed. The correlation between historical values of Nextera Energy's Current Deferred Revenue and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Nextera Energy Partners are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Current Deferred Revenue i.e., Nextera Energy's Current Deferred Revenue and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Current Liab
Most indicators from Nextera Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nextera Energy Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.At this time, Nextera Energy's Selling General Administrative is relatively stable compared to the past year. As of 05/28/2024, Issuance Of Capital Stock is likely to grow to about 330.8 M, while Tax Provision is likely to drop slightly above 8.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47M | 853M | 394M | 320.6M | Depreciation And Amortization | 405M | 573M | 603M | 633.2M |
Nextera Energy fundamental ratios Correlations
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Nextera Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nextera Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.3B | 12.6B | 18.9B | 23.1B | 22.5B | 11.7B | |
Short Long Term Debt Total | 4.1B | 3.4B | 5.3B | 5.3B | 6.3B | 4.1B | |
Other Current Liab | 48M | 82M | 91M | 225M | 164M | 98.7M | |
Total Current Liabilities | 301M | 350M | 1.3B | 1.3B | 1.7B | 1.8B | |
Other Liab | 299M | 347M | 639M | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 7.0B | 7.2B | 11.4B | 15.0B | 14.8B | 7.7B | |
Current Deferred Revenue | 119M | 113M | 155M | 195M | 224.3M | 235.5M | |
Net Debt | 4.0B | 3.3B | 5.2B | 5.1B | 6.0B | 3.9B | |
Retained Earnings | (3.8B) | (2.4B) | (4.2B) | 1.1B | 1.0B | 1.1B | |
Accounts Payable | 122M | 143M | 982M | 868M | 159M | 236.0M | |
Non Current Assets Total | 11.8B | 12.1B | 17.5B | 21.2B | 20.3B | 10.9B | |
Non Currrent Assets Other | 137M | 131M | 272M | 702M | 751M | 788.6M | |
Other Assets | 255M | 2.8B | 594M | 897M | 1.0B | 584.0M | |
Long Term Debt | 4.1B | 3.4B | 5.3B | 5.3B | 4.9B | 3.8B | |
Net Receivables | 269M | 266M | 1.2B | 1.3B | 1.8B | 1.8B | |
Common Stock Shares Outstanding | 58.8M | 68.4M | 77.4M | 84.9M | 91.6M | 57.5M | |
Short Term Investments | 10M | 7M | 1.8B | 1M | 1.2M | 1.1M | |
Liabilities And Stockholders Equity | 10.1B | 10.2B | 16.0B | 19.7B | 22.5B | 23.6B | |
Non Current Liabilities Total | 4.9B | 4.5B | 6.5B | 6.9B | 6.8B | 4.8B | |
Inventory | 20M | 24M | 41M | 51M | 82M | 86.1M | |
Other Current Assets | 36M | 16M | 25M | 201M | 107M | 112.4M | |
Other Stockholder Equity | 2.0B | (2.4B) | (3.0B) | (3.3B) | (3.0B) | (2.8B) | |
Total Liab | 5.2B | 4.9B | 7.8B | 8.3B | 8.5B | 5.5B | |
Property Plant And Equipment Gross | 7.0B | 7.2B | 11.4B | 14.9B | 17.3B | 18.2B | |
Total Current Assets | 433M | 414M | 1.4B | 1.9B | 2.2B | 2.3B | |
Property Plant Equipment | 7.0B | 7.2B | 11.4B | 14.9B | 17.2B | 18.1B | |
Net Tangible Assets | 7.1B | 7.7B | (714M) | 14.8B | 17.0B | 17.8B | |
Long Term Investments | 1.7B | 1.8B | 1.9B | 1.9B | 1.9B | 1.1B | |
Intangible Assets | 2.3B | 2.2B | 2.8B | 2.5B | 2.0B | 1.7B | |
Common Stock | 2.0B | 2.4B | 3.0B | 3.3B | 3.6B | 2.3B | |
Long Term Debt Total | 4.1B | 3.4B | 5.3B | 5.3B | 6.0B | 4.4B | |
Non Current Liabilities Other | 4.9B | 4.5B | 372M | 1.3B | 1.5B | 2.7B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.Note that the Nextera Energy Partners information on this page should be used as a complementary analysis to other Nextera Energy's 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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Is Nextera Energy's 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 Nextera Energy. If investors know Nextera 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 Nextera Energy 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 2.051 | Dividend Share 3.494 | Earnings Share 1.32 | Revenue Per Share 11.702 | Quarterly Revenue Growth 0.049 |
The market value of Nextera Energy Partners is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy's 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 Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy's 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 Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy's 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.