Nextera Other Stockholder Equity vs Total Assets Analysis

NEP Stock

USD 34.55 0.66 1.95%

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 Other Stockholder Equity and its Total Assets 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.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Partners Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nextera Energy's Other Stockholder Equity and Total Assets is -0.67. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets 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 Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Nextera Energy Partners are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Nextera Energy's Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of Nextera Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nextera Energy Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 05/23/2024, 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

Interest Expense Depreciation And Amortization

Nextera Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.93	0.65	0.78	0.21	0.56	0.99	0.88	0.93	0.21	0.66	0.85	1.0	0.78	0.51	0.91	0.85	0.78	0.93	0.04	0.9	0.78	0.75	-0.67	0.94	0.86
Short Long Term Debt Total	0.93		0.66	0.73	0.21	0.72	0.94	0.84	1.0	0.02	0.49	0.93	0.94	0.71	0.39	0.97	0.93	0.72	0.9	-0.04	0.97	0.77	0.66	-0.67	0.99	0.84
Other Current Liab	0.65	0.66		0.51	0.09	0.74	0.67	0.51	0.66	0.28	0.36	0.71	0.65	0.57	0.33	0.67	0.71	0.49	0.6	-0.16	0.7	0.54	0.65	-0.66	0.71	0.58
Total Current Liabilities	0.78	0.73	0.51		0.64	0.59	0.81	0.91	0.73	0.4	0.54	0.68	0.77	0.93	0.24	0.65	0.68	0.96	0.73	-0.34	0.63	0.91	0.75	-0.69	0.71	0.94
Total Stockholder Equity	0.21	0.21	0.09	0.64		0.39	0.25	0.55	0.21	0.37	-0.09	0.24	0.19	0.69	0.04	0.08	0.24	0.7	0.15	-0.27	0.1	0.73	0.36	-0.31	0.16	0.59
Other Liab	0.56	0.72	0.74	0.59	0.39		0.61	0.62	0.72	0.14	0.17	0.79	0.56	0.68	0.19	0.71	0.79	0.62	0.5	-0.33	0.76	0.73	0.66	-0.73	0.74	0.7
Property Plant And Equipment Net	0.99	0.94	0.67	0.81	0.25	0.61		0.88	0.94	0.2	0.64	0.88	0.99	0.81	0.46	0.9	0.88	0.79	0.93	-0.05	0.9	0.79	0.79	-0.7	0.94	0.87
Current Deferred Revenue	0.88	0.84	0.51	0.91	0.55	0.62	0.88		0.84	0.23	0.5	0.78	0.88	0.93	0.44	0.8	0.78	0.93	0.84	-0.01	0.78	0.95	0.79	-0.66	0.82	0.99
Net Debt	0.93	1.0	0.66	0.73	0.21	0.72	0.94	0.84		0.02	0.5	0.92	0.94	0.71	0.39	0.97	0.92	0.72	0.91	-0.04	0.97	0.77	0.65	-0.66	0.99	0.83
Retained Earnings	0.21	0.02	0.28	0.4	0.37	0.14	0.2	0.23	0.02		0.41	0.05	0.19	0.39	0.36	0.0	0.05	0.46	0.02	-0.27	0.02	0.36	0.23	-0.55	0.09	0.3
Accounts Payable	0.66	0.49	0.36	0.54	-0.09	0.17	0.64	0.5	0.5	0.41		0.32	0.66	0.47	0.2	0.58	0.32	0.56	0.49	-0.15	0.53	0.41	0.52	-0.54	0.57	0.5
Cash	0.85	0.93	0.71	0.68	0.24	0.79	0.88	0.78	0.92	0.05	0.32		0.85	0.71	0.33	0.88	1.0	0.67	0.82	-0.14	0.89	0.73	0.72	-0.63	0.91	0.8
Non Current Assets Total	1.0	0.94	0.65	0.77	0.19	0.56	0.99	0.88	0.94	0.19	0.66	0.85		0.77	0.52	0.92	0.85	0.77	0.94	0.06	0.91	0.77	0.74	-0.67	0.94	0.86
Non Currrent Assets Other	0.78	0.71	0.57	0.93	0.69	0.68	0.81	0.93	0.71	0.39	0.47	0.71	0.77		0.31	0.65	0.71	0.96	0.68	-0.22	0.65	0.96	0.88	-0.68	0.71	0.96
Other Assets	0.51	0.39	0.33	0.24	0.04	0.19	0.46	0.44	0.39	0.36	0.2	0.33	0.52	0.31		0.4	0.33	0.28	0.54	0.53	0.44	0.37	0.23	-0.53	0.43	0.39
Long Term Debt	0.91	0.97	0.67	0.65	0.08	0.71	0.9	0.8	0.97	0.0	0.58	0.88	0.92	0.65	0.4		0.88	0.67	0.87	0.03	0.99	0.71	0.64	-0.67	0.99	0.79
Cash And Short Term Investments	0.85	0.93	0.71	0.68	0.24	0.79	0.88	0.78	0.92	0.05	0.32	1.0	0.85	0.71	0.33	0.88		0.67	0.82	-0.14	0.89	0.73	0.72	-0.63	0.91	0.8
Net Receivables	0.78	0.72	0.49	0.96	0.7	0.62	0.79	0.93	0.72	0.46	0.56	0.67	0.77	0.96	0.28	0.67	0.67		0.66	-0.26	0.66	0.97	0.76	-0.71	0.72	0.96
Common Stock Shares Outstanding	0.93	0.9	0.6	0.73	0.15	0.5	0.93	0.84	0.91	0.02	0.49	0.82	0.94	0.68	0.54	0.87	0.82	0.66		0.1	0.85	0.7	0.65	-0.61	0.89	0.81
Short Term Investments	0.04	-0.04	-0.16	-0.34	-0.27	-0.33	-0.05	-0.01	-0.04	-0.27	-0.15	-0.14	0.06	-0.22	0.53	0.03	-0.14	-0.26	0.1		0.01	-0.15	-0.23	0.34	-0.05	-0.13
Non Current Liabilities Total	0.9	0.97	0.7	0.63	0.1	0.76	0.9	0.78	0.97	0.02	0.53	0.89	0.91	0.65	0.44	0.99	0.89	0.66	0.85	0.01		0.72	0.66	-0.71	0.99	0.78
Inventory	0.78	0.77	0.54	0.91	0.73	0.73	0.79	0.95	0.77	0.36	0.41	0.73	0.77	0.96	0.37	0.71	0.73	0.97	0.7	-0.15	0.72		0.75	-0.72	0.76	0.97
Other Current Assets	0.75	0.66	0.65	0.75	0.36	0.66	0.79	0.79	0.65	0.23	0.52	0.72	0.74	0.88	0.23	0.64	0.72	0.76	0.65	-0.23	0.66	0.75		-0.61	0.7	0.81
Other Stockholder Equity	-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	-0.61	0.34	-0.71	-0.72	-0.61		-0.74	-0.72
Total Liab	0.94	0.99	0.71	0.71	0.16	0.74	0.94	0.82	0.99	0.09	0.57	0.91	0.94	0.71	0.43	0.99	0.91	0.72	0.89	-0.05	0.99	0.76	0.7	-0.74		0.83
Property Plant And Equipment Gross	0.86	0.84	0.58	0.94	0.59	0.7	0.87	0.99	0.83	0.3	0.5	0.8	0.86	0.96	0.39	0.79	0.8	0.96	0.81	-0.13	0.78	0.97	0.81	-0.72	0.83

Click cells to compare fundamentals

Nextera Energy Account Relationship Matchups

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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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:

How To Invest In Nextera

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Is Nextera Stock a good investment?

Details

What is Nextera Energy's Net Worth?

Details

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Nextera Energy's price analysis, check to measure Nextera Energy's 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 Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.

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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.

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Nextera Other Stockholder Equity vs Total Assets Analysis

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Total Assets

Nextera Energy fundamental ratios Correlations

Nextera Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextera Energy fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Nextera Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Total Liab	- 0.74	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Other Liab
Property Plant And Equipment Gross	- 0.72	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Inventory
Other Stockholder Equity	- 0.71	Non Current Liabilities Total
Other Stockholder Equity	- 0.71	Net Receivables