NEP
Price:
$16.78
Market Cap:
$1.57B
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.[Read more]
Industry
Renewable Utilities
IPO Date
2014-06-27
Stock Exchange
NYSE
Ticker
NEP
According to NextEra Energy Partners, LP’s latest financial reports and current stock price. The company's current Current Ratio is 2.02. This represents a change of 34.36% compared to the average of 1.50 of the last 4 quarters.
The mean historical Current Ratio of NextEra Energy Partners, LP over the last ten years is 1.29. The current 2.02 Current Ratio has changed 15.55% with respect to the historical average. Over the past ten years (40 quarters), NEP's Current Ratio was at its highest in in the September 2018 quarter at 5.54. The Current Ratio was at its lowest in in the March 2019 quarter at 0.38.
Average
1.29
Median
1.36
Minimum
0.40
Maximum
2.28
Discovering the peaks and valleys of NextEra Energy Partners, LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 332.75%
Maximum Annual Current Ratio = 2.28
Minimum Annual Increase = -72.55%
Minimum Annual Current Ratio = 0.40
Year | Current Ratio | Change |
---|---|---|
2023 | 1.33 | -5.51% |
2022 | 1.40 | 25.52% |
2021 | 1.12 | -5.47% |
2020 | 1.18 | -17.77% |
2019 | 1.44 | 263.44% |
2018 | 0.40 | -72.55% |
2017 | 1.44 | 61.67% |
2016 | 0.89 | -37.15% |
2015 | 1.42 | -37.82% |
2014 | 2.28 | 332.75% |
The current Current Ratio of NextEra Energy Partners, LP (NEP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.28
5-year avg
1.29
10-year avg
1.29
NextEra Energy Partners, LP’s Current Ratio is greater than Brookfield Renewable Corporation (0.34), greater than Algonquin Power & Utilities Corp. (0.92), greater than Clearway Energy, Inc. (1.59), greater than Atlantica Sustainable Infrastructure plc (1.25), greater than Clearway Energy, Inc. (1.59), greater than Brookfield Renewable Partners L.P. (0.73), greater than Algonquin Power & Utilities Corp. (0.92), greater than Ørsted A/S (1.34),
Company | Current Ratio | Market cap |
---|---|---|
0.34 | $5.51B | |
0.92 | $3.64B | |
1.59 | $5.67B | |
1.25 | $2.57B | |
1.59 | $5.68B | |
0.73 | $16.62B | |
0.92 | $13.34B | |
1.34 | $22.79B |
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