New Fortress Energy's Cash Crunch: A Cautionary Tale
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
New Fortress Energys stock has plummeted seventy-two percent in six months, with free cash flow margin at a negative seventy-one percent over five years. The company burned through $1.89 billion in cash last year, leaving a net debt pile of $8.84 billion. Analysts predict the stock to trade at eighty times forward EV to EBITDA, but without steady cash flow or successful financing plans, its advisable to invest elsewhere.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/e1ba4ae527c5ca61