Nextera Net Receivables vs Long Term Debt Analysis

NEP Stock  USD 31.76  0.30  0.95%   
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 Net Receivables and its Long Term Debt 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Partners Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nextera Energy's Net Receivables and Long Term Debt is 0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt 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 Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Nextera Energy Partners are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Nextera Energy's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Long Term Debt

Long-term debt is a debt that Nextera Energy Partners has held for over one year. Long-term debt appears on Nextera Energy Partners balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nextera Energy Partners balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 05/13/2024, 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 Expense47M853M394M320.6M
Depreciation And Amortization405M573M603M633.2M

Nextera Energy fundamental ratios Correlations

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0.930.660.730.210.720.940.841.00.020.490.930.940.710.390.970.930.720.9-0.040.970.770.66-0.670.990.84
0.650.660.510.090.740.670.510.660.280.360.710.650.570.330.670.710.490.6-0.160.70.540.65-0.660.710.58
0.780.730.510.640.590.810.910.730.40.540.680.770.930.240.650.680.960.73-0.340.630.910.75-0.690.710.94
0.210.210.090.640.390.250.550.210.37-0.090.240.190.690.040.080.240.70.15-0.270.10.730.36-0.310.160.59
0.560.720.740.590.390.610.620.720.140.170.790.560.680.190.710.790.620.5-0.330.760.730.66-0.730.740.7
0.990.940.670.810.250.610.880.940.20.640.880.990.810.460.90.880.790.93-0.050.90.790.79-0.70.940.87
0.880.840.510.910.550.620.880.840.230.50.780.880.930.440.80.780.930.84-0.010.780.950.79-0.660.820.99
0.931.00.660.730.210.720.940.840.020.50.920.940.710.390.970.920.720.91-0.040.970.770.65-0.660.990.83
0.210.020.280.40.370.140.20.230.020.410.050.190.390.360.00.050.460.02-0.270.020.360.23-0.550.090.3
0.660.490.360.54-0.090.170.640.50.50.410.320.660.470.20.580.320.560.49-0.150.530.410.52-0.540.570.5
0.850.930.710.680.240.790.880.780.920.050.320.850.710.330.881.00.670.82-0.140.890.730.72-0.630.910.8
1.00.940.650.770.190.560.990.880.940.190.660.850.770.520.920.850.770.940.060.910.770.74-0.670.940.86
0.780.710.570.930.690.680.810.930.710.390.470.710.770.310.650.710.960.68-0.220.650.960.88-0.680.710.96
0.510.390.330.240.040.190.460.440.390.360.20.330.520.310.40.330.280.540.530.440.370.23-0.530.430.39
0.910.970.670.650.080.710.90.80.970.00.580.880.920.650.40.880.670.870.030.990.710.64-0.670.990.79
0.850.930.710.680.240.790.880.780.920.050.321.00.850.710.330.880.670.82-0.140.890.730.72-0.630.910.8
0.780.720.490.960.70.620.790.930.720.460.560.670.770.960.280.670.670.66-0.260.660.970.76-0.710.720.96
0.930.90.60.730.150.50.930.840.910.020.490.820.940.680.540.870.820.660.10.850.70.65-0.610.890.81
0.04-0.04-0.16-0.34-0.27-0.33-0.05-0.01-0.04-0.27-0.15-0.140.06-0.220.530.03-0.14-0.260.10.01-0.15-0.230.34-0.05-0.13
0.90.970.70.630.10.760.90.780.970.020.530.890.910.650.440.990.890.660.850.010.720.66-0.710.990.78
0.780.770.540.910.730.730.790.950.770.360.410.730.770.960.370.710.730.970.7-0.150.720.75-0.720.760.97
0.750.660.650.750.360.660.790.790.650.230.520.720.740.880.230.640.720.760.65-0.230.660.75-0.610.70.81
-0.67-0.67-0.66-0.69-0.31-0.73-0.7-0.66-0.66-0.55-0.54-0.63-0.67-0.68-0.53-0.67-0.63-0.71-0.610.34-0.71-0.72-0.61-0.74-0.72
0.940.990.710.710.160.740.940.820.990.090.570.910.940.710.430.990.910.720.89-0.050.990.760.7-0.740.83
0.860.840.580.940.590.70.870.990.830.30.50.80.860.960.390.790.80.960.81-0.130.780.970.81-0.720.83
Click cells to compare fundamentals

Nextera Energy Account Relationship Matchups

Nextera Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3B12.6B18.9B23.1B22.5B11.7B
Short Long Term Debt Total4.1B3.4B5.3B5.3B6.3B4.1B
Other Current Liab48M82M91M225M164M98.7M
Total Current Liabilities301M350M1.3B1.3B1.7B1.8B
Other Liab299M347M639M1.7B1.9B2.0B
Property Plant And Equipment Net7.0B7.2B11.4B15.0B14.8B7.7B
Current Deferred Revenue119M113M155M195M224.3M235.5M
Net Debt4.0B3.3B5.2B5.1B6.0B3.9B
Retained Earnings(3.8B)(2.4B)(4.2B)1.1B1.0B1.1B
Accounts Payable122M143M982M868M159M236.0M
Non Current Assets Total11.8B12.1B17.5B21.2B20.3B10.9B
Non Currrent Assets Other137M131M272M702M751M788.6M
Other Assets255M2.8B594M897M1.0B584.0M
Long Term Debt4.1B3.4B5.3B5.3B4.9B3.8B
Net Receivables269M266M1.2B1.3B1.8B1.8B
Common Stock Shares Outstanding58.8M68.4M77.4M84.9M91.6M57.5M
Short Term Investments10M7M1.8B1M1.2M1.1M
Liabilities And Stockholders Equity10.1B10.2B16.0B19.7B22.5B23.6B
Non Current Liabilities Total4.9B4.5B6.5B6.9B6.8B4.8B
Inventory20M24M41M51M82M86.1M
Other Current Assets36M16M25M201M107M112.4M
Other Stockholder Equity2.0B(2.4B)(3.0B)(3.3B)(3.0B)(2.8B)
Total Liab5.2B4.9B7.8B8.3B8.5B5.5B
Property Plant And Equipment Gross7.0B7.2B11.4B14.9B17.3B18.2B
Total Current Assets433M414M1.4B1.9B2.2B2.3B
Property Plant Equipment7.0B7.2B11.4B14.9B17.2B18.1B
Net Tangible Assets7.1B7.7B(714M)14.8B17.0B17.8B
Long Term Investments1.7B1.8B1.9B1.9B1.9B1.1B
Intangible Assets2.3B2.2B2.8B2.5B2.0B1.7B
Common Stock2.0B2.4B3.0B3.3B3.6B2.3B
Long Term Debt Total4.1B3.4B5.3B5.3B6.0B4.4B
Non Current Liabilities Other4.9B4.5B372M1.3B1.5B2.7B

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When determining whether Nextera Energy Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nextera Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nextera Energy Partners Stock. Highlighted below are key reports to facilitate an investment decision about Nextera Energy Partners Stock:
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.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.