NEP
Price:
$10.54
Market Cap:
$1.11B
NextEra Energy Partners, LP (NEP) specializes in the development, ownership, and management of sustainable energy infrastructure located throughout the United States, all operating under long-term agreements. The company's diverse portfolio primarily encompasses contracted wind and solar power generation facilities, along with similarly contracted natural gas pipeline assets. Established in 2014, NextEra Energy Partners, LP maintains its headquarters in Juno Beach, Florida.
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 1.02. This represents a change of 18.51% compared to the average of 0.86 of the last 4 quarters.
The mean historical Current Ratio of NextEra Energy Partners, LP over the last ten years is 1.05. The current 1.02 Current Ratio has changed 9.66% 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
1.05
Median
1.15
Minimum
0.40
Maximum
1.44
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 = 263.44%
Maximum Annual Current Ratio = 1.44
Minimum Annual Increase = -72.55%
Minimum Annual Current Ratio = 0.40
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.91 | 14.63% |
| 2024 | 0.79 | -40.34% |
| 2023 | 1.33 | -5.56% |
| 2022 | 1.40 | 25.58% |
| 2021 | 1.12 | -5.47% |
| 2020 | 1.18 | -17.77% |
| 2019 | 1.44 | 263.44% |
| 2018 | 0.40 | -72.55% |
| 2017 | 1.44 | 221.41% |
| 2016 | 0.45 | -35.11% |
The current Current Ratio of NextEra Energy Partners, LP (NEP) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.01
5-year avg
1.11
10-year avg
1.05
NextEra Energy Partners, LP’s Current Ratio is greater than Altus Power, Inc. (0.44), less than Azure Power Global Limited (1.46), greater than Electriq Power Holdings, Inc. (0.29), less than OPAL Fuels Inc. (2.20), less than Via Renewables, Inc. (2.79), less than Heliogen, Inc. (3.66), less than Genie Energy Ltd. (2.54), less than Vidler Water Resources, Inc. (73.35), less than Atlantica Sustainable Infrastructure plc (1.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.44 | $800.50M | |
| 1.46 | $51.33M | |
| 0.29 | $709.53K | |
| 2.20 | $52.61M | |
| 2.79 | $96.90M | |
| 3.66 | $10.48M | |
| 2.54 | $369.12M | |
| 73.35 | $288.22M | |
| 1.62 | $2.55B |
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