NFE (New Fortress Energy) Liabilities-to-Assets : 1.04 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NFE New Fortress Energy Inc NFE
50 GF Score
Price $0.36
GF Value $4.34
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is New Fortress Energy Liabilities-to-Assets?

New Fortress Energy NFE +3.15% 50 Liabilities-to-Assets is 1.04 as of Jun. 2026. GuruFocus rates NFE with a GF Score™ of 50/100 and a GF Value™ of $4.34 (Possible Value Trap). The stock has 10 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. New Fortress Energy's Total Liabilities for the quarter that ended in Jun. 2026 was $11,161 Mil. New Fortress Energy's Total Assets for the quarter that ended in Jun. 2026 was $10,729 Mil. Therefore, New Fortress Energy's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 1.04.


New Fortress Energy  (NAS:NFE) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


New Fortress Energy Liabilities-to-Assets Related Terms


New Fortress Energy Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for New Fortress Energy's Liabilities-to-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.

New Fortress Energy Liabilities-to-Assets Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.81 0.83 0.85 0.97

New Fortress Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets 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 0.89 0.91 0.97 1.01 1.04

NFE vs MMLP, DLNG, PXS: Liabilities-to-Assets Comparison

For the Oil & Gas Midstream subindustry, New Fortress Energy's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


New Fortress Energy Liabilities-to-Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Fortress Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's Liabilities-to-Assets falls into.


NFE
50GF Score
New Fortress Energy Inc NFE
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Fortress Energy Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

New Fortress Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=10245.992/10555.623
=0.97

New Fortress Energy's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=11161.258/10728.82
=1.04

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.04 mean?
New Fortress Energy (NFE) has a Liabilities-to-Assets of 1.04 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on New Fortress Energy and its competitors.
Is New Fortress Energy's Liabilities-to-Assets too high?
New Fortress Energy's current Liabilities-to-Assets is 1.04. Overall, New Fortress Energy has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's Liabilities-to-Assets compare to MMLP and DLNG?
New Fortress Energy's Liabilities-to-Assets of 1.04 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on New Fortress Energy and its competitors. New Fortress Energy's current Liabilities-to-Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.34, compared to a current price of $0.36 — trading 91.8% below its estimated fair value. The current Liabilities-to-Assets is 1.04. New Fortress Energy's overall GF Score™ is 50/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For New Fortress Energy (NFE), the current Liabilities-to-Assets is 1.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New Fortress Energy (NFE) Overvalued in 2026?

Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued. The current stock price of $0.36 is trading 91.8% below its estimated GF Value™ of $4.34. GuruFocus considers New Fortress Energy to be Possible Value Trap.

Key valuation signals for NFE:

  • Liabilities-to-Assets: 1.04
  • GF Value™: $4.34 vs. price of $0.36 (91.8% below fair value)
  • GF Score™: 50/100 with 10 warning signs

No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Fortress Energy Business Description

Industry EnergyOil & Gas
Other Exchanges NFE:MexicoNF0:Germany
Address 111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
50GF Score

Get the complete analysis for NFE

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.36
Price
$4.34
GF Value