Northern Cash from 2010 to 2024

NOG Stock  USD 43.20  0.86  2.03%   
Northern Oil's Cash is decreasing over the last several years with very volatile swings. Cash is predicted to flatten to about 7.8 M. Cash is the total amount of money in the form of currency that Northern Oil Gas has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2006-12-31
Previous Quarter
7.8 M
Current Value
34.4 M
Quarterly Volatility
33.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northern Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Oil's main balance sheet or income statement drivers, such as Interest Expense of 142.4 M, Selling General Administrative of 49.1 M or Other Operating Expenses of 1.1 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0249 or PTB Ratio of 1.74. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules.
  
Check out the analysis of Northern Oil Correlation against competitors.

Latest Northern Oil's Cash Growth Pattern

Below is the plot of the Cash of Northern Oil Gas over the last few years. Cash refers to the most liquid asset of Northern Oil Gas, which is listed under current asset account on Northern Oil Gas balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Northern Oil customers. The amounts must be unrestricted with restricted cash listed in a different Northern Oil account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Northern Oil's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Oil's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Very volatile
   Cash   
       Timeline  

Northern Cash Regression Statistics

Arithmetic Mean13,649,714
Geometric Mean7,272,939
Coefficient Of Variation181.91
Mean Deviation12,126,902
Median7,785,250
Standard Deviation24,829,804
Sample Variance616.5T
Range100.8M
R-Value(0.03)
Mean Square Error663.4T
R-Squared0.0009
Significance0.92
Slope(165,263)
Total Sum of Squares8631.3T

Northern Cash History

20247.8 M
20238.2 M
20222.5 M
20219.5 M
20201.4 M
201916.1 M
20182.4 M

Other Fundumenentals of Northern Oil Gas

Northern Oil Cash component correlations

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's Cash, to determine how well the company is positioned to perform in the future. Although Northern Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Oil's assets and liabilities are reflected in the revenues and expenses on Northern Oil'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 Northern Oil Gas. Please read more on our technical analysis and fundamental analysis pages.

Currently Active Assets on Macroaxis

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil'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 Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out the analysis of Northern Oil Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Exploration & Production 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 Northern Oil. If investors know Northern 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 Northern Oil 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
9.571
Dividend Share
1.62
Earnings Share
8.48
Revenue Per Share
20.025
Quarterly Revenue Growth
0.062
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil'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 Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil'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 Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil'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.