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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NextEra Energy Partners LP's total current assets for the quarter that ended in Mar. 2024 was $2,183 Mil.
The historical data trend for NextEra Energy Partners LP's Total Current Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NextEra Energy Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 433.00 | 414.00 | 1,410.00 | 1,862.00 | 2,216.00 |
NextEra Energy Partners LP Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Current Assets | Get a 7-Day Free Trial | 1,365.00 | 1,447.00 | 1,122.00 | 2,216.00 | 2,183.00 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
NextEra Energy Partners LP's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 274 | + | 1753 | + | 82 | + | 107 | |
= | 2,216 |
NextEra Energy Partners LP's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 245 | + | 1709 | + | 88 | + | 141 | |
= | 2,183 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.
Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.
NextEra Energy Partners LP (NYSE:NEP) Total Current Assets Explanation
In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.
NextEra Energy Partners LP's Liquidation Value for the quarter that ended in Mar. 2024 is
Liquidation value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 245 | - | 8351 | + | 0.75 * 133 | + | 0.5 * 88 |
= | -7,962 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of NextEra Energy Partners LP's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter H Kind | director | ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102 |
Michael Dunne | officer: Treasurer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Crews Terrell Kirk Ii | officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James Michael May | officer: Controller/CAO | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
John W Ketchum | director, officer: President | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Charles E Sieving | officer: General Counsel | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Rebecca J Kujawa | director, officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James L Robo | director, officer: Chairman & CEO | 3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410 |
Robert J Byrne | director | C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602 |
Paul I Cutler | officer: Treasurer & Asst. Sec | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Mark E Hickson | director, officer: EVP, Strategy & Corp Dev | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Susan D Austin | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Armando Jr Pimentel | director, officer: President of GP | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408 |
James N. Suciu | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Nextera Energy Partners, Lp | director | 700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408 |
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