National Other Current Assets from 2010 to 2024

NFG Stock  USD 63.99  0.24  0.37%   
National Fuel's Other Current Assets are increasing over the last several years with slightly volatile swings. Other Current Assets are predicted to flatten to about 83.4 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1993-12-31
Previous Quarter
71.5 M
Current Value
92.2 M
Quarterly Volatility
43.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Fuel's main balance sheet or income statement drivers, such as Interest Expense of 145.6 M, Total Revenue of 1.7 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 3.0, Dividend Yield of 0.0381 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of National Fuel Gas over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. National Fuel's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

National Other Current Assets Regression Statistics

Arithmetic Mean72,146,361
Geometric Mean65,201,192
Coefficient Of Variation44.00
Mean Deviation25,147,100
Median60,665,000
Standard Deviation31,747,852
Sample Variance1007.9T
Range111.9M
R-Value0.66
Mean Square Error609.1T
R-Squared0.44
Significance0.01
Slope4,702,868
Total Sum of Squares14111T

National Other Current Assets History

202483.4 M
202392.2 M
202286.1 M
2021130.8 M
2020132 M
201933.3 M
201897.1 M

About National Fuel Financial Statements

National Fuel stakeholders use historical fundamental indicators, such as National Fuel's Other Current Assets, to determine how well the company is positioned to perform in the future. Although National Fuel investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Fuel's assets and liabilities are reflected in the revenues and expenses on National Fuel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in National Fuel Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets92.2 M83.4 M

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
2.02
Earnings Share
0.84
Revenue Per Share
21.187
Quarterly Revenue Growth
0.008
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.