Northern Net Tangible Assets vs Non Currrent Assets Other Analysis

601999 Stock   7.07  0.15  2.17%   
Northern United financial indicator trend analysis is infinitely more than just investigating Northern United Publ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern United Publ is a good investment. Please check the relationship between Northern United Net Tangible Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Non Currrent Assets Other

Net Tangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern United Publ Net Tangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Northern United's Net Tangible Assets and Non Currrent Assets Other is 0.2. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Northern United Publishing, assuming nothing else is changed. The correlation between historical values of Northern United's Net Tangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Northern United Publishing are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Tangible Assets i.e., Northern United's Net Tangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Northern United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern United Publ current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 270.9 M, whereas Tax Provision is projected to grow to (23.5 M).
 2021 2022 2023 2024 (projected)
Operating Income113.5M69.1M72.2M84.6M
Total Revenue2.9B2.6B2.4B1.9B

Northern United fundamental ratios Correlations

-0.020.930.970.970.870.650.840.390.89-0.010.940.030.710.77-0.10.820.8-0.780.760.790.220.650.54-0.180.71
-0.020.02-0.050.170.1-0.39-0.140.05-0.170.290.020.32-0.4-0.260.160.1-0.25-0.18-0.24-0.010.2-0.05-0.560.6-0.41
0.930.020.850.910.90.510.850.440.75-0.130.970.280.530.79-0.160.920.81-0.850.780.790.260.620.57-0.170.71
0.97-0.050.850.940.860.660.760.40.880.090.84-0.090.820.68-0.060.730.7-0.70.660.690.210.520.44-0.170.62
0.970.170.910.940.880.530.840.380.840.080.920.090.610.72-0.080.820.78-0.820.710.810.290.580.39-0.090.64
0.870.10.90.860.880.420.740.480.67-0.050.820.240.610.62-0.050.860.59-0.790.590.620.340.330.31-0.120.48
0.65-0.390.510.660.530.420.46-0.110.84-0.450.57-0.150.690.410.210.540.57-0.260.580.390.010.510.73-0.280.61
0.84-0.140.850.760.840.740.460.420.73-0.130.860.070.550.94-0.280.770.92-0.820.930.960.360.660.6-0.510.88
0.390.050.440.40.380.48-0.110.420.180.260.33-0.180.250.47-0.540.260.28-0.530.370.40.590.10.04-0.080.25
0.89-0.170.750.880.840.670.840.730.18-0.150.82-0.150.690.630.090.670.75-0.570.740.720.210.660.62-0.190.72
-0.010.29-0.130.090.08-0.05-0.45-0.130.26-0.15-0.15-0.210.03-0.15-0.06-0.32-0.170.05-0.3-0.09-0.05-0.23-0.50.25-0.27
0.940.020.970.840.920.820.570.860.330.82-0.150.20.50.81-0.130.860.85-0.810.820.850.220.770.63-0.160.77
0.030.320.28-0.090.090.24-0.150.07-0.18-0.15-0.210.2-0.240.010.420.490.0-0.190.020.00.01-0.01-0.020.04-0.02
0.71-0.40.530.820.610.610.690.550.250.690.030.5-0.240.540.010.470.54-0.330.490.40.050.280.45-0.50.54
0.77-0.260.790.680.720.620.410.940.470.63-0.150.810.010.54-0.470.690.91-0.80.930.920.20.720.69-0.60.92
-0.10.16-0.16-0.06-0.08-0.050.21-0.28-0.540.09-0.06-0.130.420.01-0.470.04-0.320.4-0.31-0.33-0.06-0.18-0.180.16-0.29
0.820.10.920.730.820.860.540.770.260.67-0.320.860.490.470.690.040.72-0.830.740.680.230.50.54-0.230.66
0.8-0.250.810.70.780.590.570.920.280.75-0.170.850.00.540.91-0.320.72-0.730.930.890.20.710.75-0.480.94
-0.78-0.18-0.85-0.7-0.82-0.79-0.26-0.82-0.53-0.570.05-0.81-0.19-0.33-0.80.4-0.83-0.73-0.78-0.82-0.26-0.51-0.420.19-0.66
0.76-0.240.780.660.710.590.580.930.370.74-0.30.820.020.490.93-0.310.740.93-0.780.910.290.750.8-0.580.97
0.79-0.010.790.690.810.620.390.960.40.72-0.090.850.00.40.92-0.330.680.89-0.820.910.340.790.56-0.380.85
0.220.20.260.210.290.340.010.360.590.21-0.050.220.010.050.2-0.060.230.2-0.260.290.34-0.01-0.120.040.11
0.65-0.050.620.520.580.330.510.660.10.66-0.230.77-0.010.280.72-0.180.50.71-0.510.750.79-0.010.7-0.240.75
0.54-0.560.570.440.390.310.730.60.040.62-0.50.63-0.020.450.69-0.180.540.75-0.420.80.56-0.120.7-0.570.87
-0.180.6-0.17-0.17-0.09-0.12-0.28-0.51-0.08-0.190.25-0.160.04-0.5-0.60.16-0.23-0.480.19-0.58-0.380.04-0.24-0.57-0.65
0.71-0.410.710.620.640.480.610.880.250.72-0.270.77-0.020.540.92-0.290.660.94-0.660.970.850.110.750.87-0.65
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Northern United Account Relationship Matchups

Northern United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.8B4.2B4.2B4.2B3.2B
Other Current Liab258.0M277.8M349.4M10.0M7.0M6.7M
Total Current Liabilities1.3B1.3B1.4B1.5B1.5B1.1B
Total Stockholder Equity2.3B2.4B2.4B2.4B2.5B2.0B
Retained Earnings1.2B1.3B1.3B1.1B1.2B801.2M
Accounts Payable971.2M978.2M847.7M918.1M905.6M829.2M
Cash693.2M938.4M932.0M1.1B1.3B785.6M
Other Assets205.3M287.6M238.1M268.8M309.1M324.6M
Net Receivables525.0M408.7M381.4M431.3M389.8M422.6M
Inventory752.9M787.0M823.1M861.3M818.6M693.8M
Other Current Assets114.9M118.5M127.7M24.1M23.5M22.3M
Total Liab1.4B1.4B1.7B1.7B1.6B1.2B
Intangible Assets66.5M66.0M66.6M60.9M69.7M57.1M
Property Plant Equipment779.3M820.9M783.3M1.0B1.2B1.2B
Short Term Investments33.5M543.6540.0M651.07748.73711.29
Other Liab49.6M73.5M90.5M74.8M86.1M65.0M
Net Tangible Assets2.1B2.2B2.3B2.3B2.7B2.3B
Other Stockholder Equity(3.2M)(3.3M)(4.1M)(3.4M)(3.1M)(3.2M)
Deferred Long Term Liab51.6M162.2M174.0M188.6M216.9M227.7M
Non Current Assets Total1.6B1.5B1.7B1.6B1.5B1.6B
Non Currrent Assets Other23.3M1.6B18.5M13.8M65.0M61.7M
Non Current Liabilities Total93.5M90.5M358.4M250.7M180.7M159.7M
Total Current Assets2.1B2.4B2.4B2.6B2.7B2.5B
Net Invested Capital2.3B2.4B2.4B2.5B2.6B2.6B
Net Working Capital811.4M1.0B1.1B1.2B1.2B1.1B

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Other Information on Investing in Northern Stock

Balance Sheet is a snapshot of the financial position of Northern United Publ at a specified time, usually calculated after every quarter, six months, or one year. Northern United Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern United and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.