National Property Plant Equipment vs Total Current Assets Analysis
NBHC Stock | USD 48.01 1.01 2.15% |
National Bank financial indicator trend analysis is infinitely more than just investigating National Bank Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bank Holdings is a good investment. Please check the relationship between National Bank Property Plant Equipment and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Property Plant Equipment vs Total Current Assets
Property Plant Equipment vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Bank Holdings Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National Bank's Property Plant Equipment and Total Current Assets is -0.04. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of National Bank Holdings, assuming nothing else is changed. The correlation between historical values of National Bank's Property Plant Equipment and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of National Bank Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., National Bank's Property Plant Equipment and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from National Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bank Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, National Bank's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.50, whereas Selling General Administrative is forecasted to decline to about 102.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 298.0M | 340.3M | 417.6M | 254.2M | Total Revenue | 298.0M | 340.3M | 417.6M | 256.4M |
National Bank fundamental ratios Correlations
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National Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 6.7B | 7.2B | 9.6B | 10.0B | 6.4B | |
Total Stockholder Equity | 766.9M | 820.7M | 840.1M | 1.1B | 1.2B | 697.4M | |
Property Plant And Equipment Net | 112.2M | 107.0M | 96.7M | 136.1M | 191.8M | 111.0M | |
Net Debt | 97.5M | (556.7M) | (806.2M) | 243.4M | 203.4M | 213.5M | |
Retained Earnings | 164.1M | 223.2M | 289.9M | 330.7M | 433.1M | 454.8M | |
Cash | 110.2M | 605.6M | 845.7M | 195.5M | 190.8M | 361.7M | |
Non Current Assets Total | 1.1B | 1.3B | 1.6B | 1.9B | 1.8B | 988.3M | |
Non Currrent Assets Other | (1.1B) | (1.3B) | (1.6B) | (1.9B) | (1.8B) | (1.9B) | |
Other Assets | 4.1B | 4.1B | 4.1B | 6.7B | 7.9B | 4.1B | |
Cash And Short Term Investments | 748.4M | 1.3B | 1.5B | 901.8M | 190.8M | 181.3M | |
Common Stock Shares Outstanding | 31.5M | 31.1M | 31.1M | 32.7M | 38.1M | 31.4M | |
Liabilities And Stockholders Equity | 5.9B | 6.7B | 7.2B | 9.6B | 10.0B | 6.4B | |
Other Stockholder Equity | 600.3M | 587.2M | 556.7M | 849.2M | 855.6M | 601.5M | |
Total Liab | 207.7M | 5.8B | 39.5M | 8.5B | 8.7B | 4.6B | |
Property Plant And Equipment Gross | 112.2M | 107.0M | 180.3M | 237.3M | 267.6M | 281.0M | |
Total Current Assets | 748.4M | 1.3B | 1.5B | 901.8M | 190.8M | 181.3M | |
Other Current Liab | 3.9B | 4.7B | 5.2B | 6.6B | 7.2B | 7.6B | |
Total Current Liabilities | 4.1B | 4.7B | 5.2B | 6.6B | 7.3B | 7.6B | |
Other Liab | 74.3M | 140.1M | 83.5M | 99.9M | 89.9M | 95.5M | |
Accounts Payable | 4.7B | 5.7B | 6.2B | 7.9B | 9.1B | 9.5B | |
Short Term Investments | 638.2M | 662.0M | 691.8M | 706.3M | 628.8M | 878.6M | |
Inventory | 7.3M | 4.7M | 7.0M | 3.7M | 3.4M | 3.5M | |
Other Current Assets | 127.5M | 620.3M | 857.2M | 202.2M | 196.4M | 186.6M | |
Accumulated Other Comprehensive Income | 2.1M | 9.8M | (7.0M) | (88.2M) | (76.4M) | (72.6M) | |
Intangible Assets | 11.4M | 17.9M | 12.3M | 59.9M | 66.0M | 69.3M | |
Property Plant Equipment | 112.2M | 107.0M | 96.7M | 169.7M | 195.2M | 114.7M | |
Short Long Term Debt Total | 207.7M | 48.9M | 66.8M | 438.9M | 394.2M | 413.9M | |
Net Tangible Assets | 640.5M | 687.7M | 712.8M | 765.0M | 688.5M | 537.9M | |
Long Term Debt | 301.7M | 207.7M | 39.5M | 438.9M | 394.2M | 413.9M | |
Net Receivables | 21.6M | 4.4B | 4.3B | 4.5B | 5.1B | 5.4B | |
Retained Earnings Total Equity | 107.0M | 164.1M | 223.2M | 289.9M | 333.4M | 350.0M | |
Non Current Liabilities Total | 207.7M | 1.1B | 39.5M | 8.5B | 8.7B | 9.2B | |
Capital Surpluse | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 1.1B | |
Long Term Investments | 938.6M | 1.3B | 1.4B | 1.4B | 1.3B | 937.0M | |
Non Current Liabilities Other | 446.0M | 391.5M | 163.0M | 106.3M | 122.2M | 116.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether National Bank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bank Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 Bank. 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 Bank 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 (0.09) | Dividend Share 1.12 | Earnings Share 3.23 | Revenue Per Share 10.533 | Quarterly Revenue Growth (0.02) |
The market value of National Bank Holdings 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is National Bank'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 Bank's market value can be influenced by many factors that don't directly affect National Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bank'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.