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NextEra Energy (NextEra Energy) Equity-to-Asset : 0.27 (As of Mar. 2024)


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What is NextEra Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NextEra Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $48,641.00 Mil. NextEra Energy's Total Assets for the quarter that ended in Mar. 2024 was $179,950.00 Mil. Therefore, NextEra Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.27.

The historical rank and industry rank for NextEra Energy's Equity-to-Asset or its related term are showing as below:

NEEPRR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.27   Max: 0.35
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of NextEra Energy was 0.35. The lowest was 0.24. And the median was 0.27.

NEEPRR's Equity-to-Asset is ranked worse than
75.05% of 521 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs NEEPRR: 0.27

NextEra Energy Equity-to-Asset Historical Data

The historical data trend for NextEra Energy's Equity-to-Asset 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.

* Premium members only.

NextEra Energy Equity-to-Asset Chart

NextEra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.29 0.26 0.25 0.27

NextEra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.27 0.27 0.27 0.27

Competitive Comparison of NextEra Energy's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, NextEra Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextEra Energy's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Equity-to-Asset falls into.



NextEra Energy Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

NextEra Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=47468/177489
=0.27

NextEra Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=48641/179950
=0.27

* 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  (NYSE:NEEPRR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


NextEra Energy Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of NextEra Energy's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


NextEra Energy (NextEra Energy) Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.