Northland Power Stock Cash Per Share

NPI Stock  CAD 19.70  0.16  0.81%   
Northland Power fundamentals help investors to digest information that contributes to Northland Power's financial success or failures. It also enables traders to predict the movement of Northland Stock. The fundamental analysis module provides a way to measure Northland Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northland Power stock.
Last ReportedProjected for Next Year
Cash Per Share 3.02  3.17 
As of the 25th of November 2024, Cash Per Share is likely to grow to 3.17.
  
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Northland Power Company Cash Per Share Analysis

Northland Power's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Northland Power Cash Per Share

    
  2.03 X  
Most of Northland Power's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northland Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northland Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Northland Power is extremely important. It helps to project a fair market value of Northland Stock properly, considering its historical fundamentals such as Cash Per Share. Since Northland Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northland Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northland Power's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Northland Common Stock Shares Outstanding

Common Stock Shares Outstanding

265.35 Million

At this time, Northland Power's Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Northland Power has a Cash Per Share of 2.03 times. This indicator is about the same for the Independent Power and Renewable Electricity Producers average (which is currently at 2.04) sector and significantly higher than that of the Utilities industry. The cash per share for all Canada stocks is 59.48% higher than that of the company.

Northland Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northland Power's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northland Power could also be used in its relative valuation, which is a method of valuing Northland Power by comparing valuation metrics of similar companies.
Northland Power is currently under evaluation in cash per share category among its peers.

Northland Fundamentals

About Northland Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northland Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northland Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northland Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Northland Stock

Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.