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New Fortress Energy Inc. logo

New Fortress Energy Inc. (NFE) Interest Coverage Ratio

Annual Interest Coverage Ratio

0.473.09-86.80%

Summary

Current Value
As of today, NFE annual interest coverage ratio is 0.47, down -86.80% on
Historical Performance
NFE annual interest coverage ratio is down -72.67% over the past 3 years, and up +101.70% over the past 5 years
All-Time High Comparison
NFE annual interest coverage ratio is currently -86.80% below its historical high of 3.56 set on
3-Year Low Comparison
NFE annual interest coverage ratio is at its 3-year low
Sector Comparison
NFE annual interest coverage ratio is higher than 25.53% of companies in Energy sector

Interest Coverage Ratio Chart

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Series
SUGGESTED SERIES

Performance

NFE Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio0.47-86.8%-72.7%+101.7%+108.5%
Quarterly Interest Coverage Ratio-
Price$1.18-91.8%-97.0%-97.9%
Annual EBIT$155.50M-83.2%-38.0%+179.0%+651.8%
Annual Interest Expense$328.38M+26.6%+125.3%+4517.9%+6332.5%
Annual Debt To Equity4.74+14.2%+120.5%-35.1%+1592.9%
Annual Current Ratio0.94+64.9%-9.6%-54.4%-89.2%
Annual Quick Ratio0.88+72.5%-9.3%-38.9%-89.5%
Piotroski F-Score2-50.0%-71.4%-50.0%
Altman Z-Score0.25-44.4%-79.5%-93.6%

Interest Coverage Ratio Highs

NFE Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y3.56-86.8%
5Y3.56-86.8%
All3.56-86.8%

Interest Coverage Ratio Lows

NFE Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.47at low
5Y-4.16N/A+111.3%
All-27.67+101.7%

Interest Coverage Ratio History

YearValueChange
0.47-86.8%
3.56+180.3%
1.27-26.2%
1.72+141.3%
-4.16+85.0%
YearValueChange
-27.67-197.8%
-9.29-110.7%
-4.41+20.1%
-5.52-

FAQ

  • What is the current annual interest coverage ratio of NFE?

    As of today, NFE annual interest coverage ratio is 0.47

  • What is 1-year change in NFE annual interest coverage ratio?

    NFE annual interest coverage ratio is down -86.80% year-over-year

  • What is 3-year change in NFE annual interest coverage ratio?

    NFE annual interest coverage ratio is down -72.67% over the past 3 years

  • How far is NFE annual interest coverage ratio from its all-time high?

    NFE annual interest coverage ratio is currently -86.80% below its historical high of 3.56 set on December 31, 2023

  • How does NFE annual interest coverage ratio rank versus sector peers?

    NFE annual interest coverage ratio is higher than 25.53% of companies in Energy sector

  • When is NFE next annual earnings release?

    The next annual earnings release for NFE is on

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. NFE Official Website www.newfortressenergy.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1749723/000174972325000149/0001749723-25-000149-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1749723/000174972325000029/0001749723-25-000029-index.htm
  4. NFE Profile on Yahoo Finance finance.yahoo.com/quote/NFE
  5. NFE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nfe