Nextera Other Stockholder Equity vs Property Plant And Equipment Gross Analysis

NEE Stock  USD 76.41  0.64  0.83%   
Nextera Energy financial indicator trend analysis is infinitely more than just investigating Nextera Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextera Energy is a good investment. Please check the relationship between Nextera Energy Other Stockholder Equity and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy. 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.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.

Other Stockholder Equity vs Property Plant And Equipment Gross

Other Stockholder Equity vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextera Energy Other Stockholder Equity account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nextera Energy's Other Stockholder Equity and Property Plant And Equipment Gross is 0.78. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Nextera Energy, assuming nothing else is changed. The correlation between historical values of Nextera Energy's Other Stockholder Equity and Property Plant And Equipment Gross 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 are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Stockholder Equity i.e., Nextera Energy's Other Stockholder Equity and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Property Plant And Equipment Gross

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 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. 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.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.At present, Nextera Energy's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4.7 B, whereas Enterprise Value Multiple is forecasted to decline to 8.60.
 2021 2022 2023 2024 (projected)
Gross Profit8.6B10.1B18.0B18.9B
Total Revenue17.1B21.0B28.1B29.5B

Nextera Energy fundamental ratios Correlations

0.680.630.710.580.690.69-0.610.640.740.520.40.690.640.40.560.430.720.70.520.760.690.590.570.490.45
0.680.990.960.970.981.0-0.10.990.970.950.821.00.750.820.970.890.990.960.930.831.00.980.950.820.88
0.630.990.960.980.960.99-0.041.00.940.960.830.990.710.830.980.910.980.970.940.790.990.990.970.840.9
0.710.960.960.940.90.96-0.120.960.90.940.750.950.780.750.940.840.970.960.950.780.970.960.950.750.83
0.580.970.980.940.940.960.010.980.920.940.830.960.770.830.980.870.940.940.930.780.960.970.960.920.85
0.690.980.960.90.940.97-0.140.960.990.90.780.980.760.780.920.830.960.920.890.850.960.940.890.840.82
0.691.00.990.960.960.97-0.120.990.960.950.831.00.730.830.970.890.990.970.920.821.00.980.950.810.88
-0.61-0.1-0.04-0.120.01-0.14-0.12-0.04-0.210.120.09-0.11-0.110.090.030.15-0.16-0.160.13-0.03-0.120.020.01-0.030.13
0.640.991.00.960.980.960.99-0.040.940.960.810.990.720.810.980.910.980.970.940.80.990.990.960.840.9
0.740.970.940.90.920.990.96-0.210.940.880.730.980.790.730.890.810.950.90.870.850.950.920.850.820.81
0.520.950.960.940.940.90.950.120.960.880.820.950.730.820.960.940.950.910.970.770.960.980.940.730.93
0.40.820.830.750.830.780.830.090.810.730.820.810.561.00.870.730.820.840.740.620.830.830.890.730.7
0.691.00.990.950.960.981.0-0.110.990.980.950.810.760.810.960.890.990.960.930.830.990.980.940.820.88
0.640.750.710.780.770.760.73-0.110.720.790.730.560.760.560.70.610.710.680.750.750.740.720.670.680.62
0.40.820.830.750.830.780.830.090.810.730.821.00.810.560.870.730.820.840.740.620.830.830.890.730.7
0.560.970.980.940.980.920.970.030.980.890.960.870.960.70.870.890.950.960.930.750.970.990.980.860.87
0.430.890.910.840.870.830.890.150.910.810.940.730.890.610.730.890.880.850.860.680.880.920.850.691.0
0.720.990.980.970.940.960.99-0.160.980.950.950.820.990.710.820.950.880.980.910.811.00.980.950.760.87
0.70.960.970.960.940.920.97-0.160.970.90.910.840.960.680.840.960.850.980.880.760.980.960.970.810.84
0.520.930.940.950.930.890.920.130.940.870.970.740.930.750.740.930.860.910.880.770.930.960.920.740.85
0.760.830.790.780.780.850.82-0.030.80.850.770.620.830.750.620.750.680.810.760.770.810.780.730.670.68
0.691.00.990.970.960.961.0-0.120.990.950.960.830.990.740.830.970.881.00.980.930.810.990.960.810.87
0.590.980.990.960.970.940.980.020.990.920.980.830.980.720.830.990.920.980.960.960.780.990.970.80.91
0.570.950.970.950.960.890.950.010.960.850.940.890.940.670.890.980.850.950.970.920.730.960.970.830.83
0.490.820.840.750.920.840.81-0.030.840.820.730.730.820.680.730.860.690.760.810.740.670.810.80.830.66
0.450.880.90.830.850.820.880.130.90.810.930.70.880.620.70.871.00.870.840.850.680.870.910.830.66
Click cells to compare fundamentals

Nextera Energy Account Relationship Matchups

Nextera Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.9B2.0B2.0B2.0B2.0B1.7B
Total Assets117.7B127.7B140.9B158.9B177.5B186.4B
Short Long Term Debt Total42.6B48.1B54.8B65.0B73.2B76.9B
Other Current Liab4.7B4.3B6.2B8.1B7.0B7.4B
Total Current Liabilities13.9B15.6B17.4B26.7B28.0B29.4B
Total Stockholder Equity37.0B36.5B37.2B39.2B47.5B49.8B
Property Plant And Equipment Net82.0B91.8B99.3B111.1B125.8B132.1B
Current Deferred Revenue499M474M485M560M638M520.2M
Net Debt42.0B47.0B54.2B63.4B70.5B74.0B
Retained Earnings25.2B25.4B25.9B26.7B30.2B31.7B
Accounts Payable3.6B4.6B6.9B8.3B8.5B8.9B
Cash600M1.1B639M1.6B2.7B2.8B
Non Current Assets Total110.3B120.3B131.6B145.4B162.1B170.2B
Non Currrent Assets Other3.3B3.7B4.4B6.4B4.6B4.1B
Cash And Short Term Investments600M1.1B639M1.6B2.7B2.8B
Net Receivables2.8B3.0B4.1B5.1B6.0B6.3B
Liabilities And Stockholders Equity117.7B127.7B140.9B158.9B177.5B186.4B
Non Current Liabilities Total62.5B67.2B78.1B82.8B91.8B96.3B
Inventory1.3B1.6B1.6B1.9B2.1B2.2B
Other Current Assets1.9B1.2B2.3B3.3B2.8B2.9B
Other Stockholder Equity12.0B11.2B11.3B12.7B17.4B8.8B
Total Liab76.3B82.8B95.5B109.5B119.7B125.7B
Property Plant And Equipment Gross82.0B91.8B128.2B142.3B159.3B167.2B
Total Current Assets7.4B7.4B9.3B13.5B15.4B16.1B
Accumulated Other Comprehensive Income(188M)(169M)(92M)(218M)(153M)(145.4M)
Short Term Debt5.0B6.1B3.9B9.7B11.8B12.4B
Other Liab24.4B25.3B26.8B27.2B31.2B32.8B
Other Assets8.9B24.2B12.4B15.5B17.8B18.7B
Long Term Debt37.5B41.9B51.0B55.3B61.4B64.5B
Property Plant Equipment82.0B91.8B99.3B111.1B127.7B134.1B
Noncontrolling Interest In Consolidated Entity4.4B8.4B8.2B9.1B10.5B11.0B
Good Will4.2B4.3B4.8B4.9B5.1B5.3B
Retained Earnings Total Equity25.2B25.4B25.9B26.7B30.7B15.7B
Deferred Long Term Liab9.2B9.2B4.6B12.0B13.8B14.5B
Intangible Assets552M693M742M759M1.7B1.8B
Net Tangible Assets70.8B32.3B32.4B35.5B31.9B38.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy. 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.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
Note that the Nextera Energy 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Nextera Stock analysis

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.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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
0.058
Dividend Share
1.918
Earnings Share
3.66
Revenue Per Share
13.305
Quarterly Revenue Growth
(0.15)
The market value of Nextera Energy 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.