NextEra Energy Partners LP (NextEra Energy Partners LP) Cash per Share : $2.62 (As of Mar. 2024)

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What is NextEra Energy Partners LP Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). NextEra Energy Partners LP's Cash per Share for the quarter that ended in Mar. 2024 was $2.62.

NextEra Energy Partners LP Cash per Share Historical Data

The historical data trend for NextEra Energy Partners LP's Cash per Share 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.

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NextEra Energy Partners LP Cash per Share Chart

NextEra Energy Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.95

1.42

1.75

2.61

2.93

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
Cash per Share	Get a 7-Day Free Trial															2.68	6.28	3.55	2.93	2.62

NextEra Energy Partners LP Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

NextEra Energy Partners LP's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	274	/	93
	=	2.93

NextEra Energy Partners LP's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	245	/	94
	=	2.62

NextEra Energy Partners LP (NYSE:NEP) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

NextEra Energy Partners LP Cash per Share Related Terms

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NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Universe Boulevard, Juno Beach, FL, USA, 33408

Website

http://www.nexteraenergypartners.com

NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.

Executives

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