NACCO Inventory vs Total Assets Analysis

NC Stock  USD 32.40  0.33  1.03%   
NACCO Industries financial indicator trend analysis is infinitely more than just investigating NACCO Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NACCO Industries is a good investment. Please check the relationship between NACCO Industries Inventory and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NACCO Industries Inventory account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NACCO Industries' Inventory and Total Assets is 0.9. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of NACCO Industries, assuming nothing else is changed. The correlation between historical values of NACCO Industries' Inventory and Total 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 Inventory of NACCO Industries are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., NACCO Industries' Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Assets

Total assets refers to the total amount of NACCO Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NACCO Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from NACCO Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NACCO Industries 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 NACCO Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.At present, NACCO Industries' Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M2.0M2.5M2.3M
Depreciation And Amortization23.1M26.8M29.4M41.4M

NACCO Industries fundamental ratios Correlations

0.720.960.920.420.450.440.510.820.440.530.820.920.690.610.90.770.290.960.180.930.910.510.950.320.73
0.720.60.44-0.190.710.93-0.140.360.740.920.360.450.860.980.430.240.740.850.290.440.430.630.570.820.64
0.960.60.910.580.440.290.650.90.420.460.90.890.560.460.870.860.290.870.250.920.940.30.90.260.59
0.920.440.910.490.10.140.610.830.130.20.830.990.420.310.980.85-0.070.84-0.10.990.960.460.98-0.050.59
0.42-0.190.580.490.19-0.460.990.70.08-0.210.70.47-0.02-0.330.460.73-0.110.140.380.540.58-0.450.37-0.280.12
0.450.710.440.10.190.660.150.310.940.820.310.110.680.680.090.190.880.450.780.140.19-0.030.180.820.36
0.440.930.290.14-0.460.66-0.43-0.010.720.89-0.010.170.740.970.17-0.050.750.640.280.130.110.580.30.840.44
0.51-0.140.650.610.990.15-0.430.770.07-0.20.770.590.01-0.280.580.79-0.170.240.270.650.68-0.330.49-0.310.2
0.820.360.90.830.70.31-0.010.770.260.261.00.790.420.210.750.810.120.670.130.850.910.170.770.110.58
0.440.740.420.130.080.940.720.070.260.830.260.130.570.710.130.180.840.490.60.140.180.050.220.790.25
0.530.920.460.2-0.210.820.89-0.20.260.830.260.190.790.920.160.10.90.650.450.190.230.40.320.950.49
0.820.360.90.830.70.31-0.010.771.00.260.260.790.420.210.750.810.120.670.130.850.910.170.770.110.58
0.920.450.890.990.470.110.170.590.790.130.190.790.450.340.990.83-0.080.85-0.080.990.950.490.98-0.050.63
0.690.860.560.42-0.020.680.740.010.420.570.790.420.450.850.430.220.590.760.420.450.430.580.530.710.87
0.610.980.460.31-0.330.680.97-0.280.210.710.920.210.340.850.320.080.730.780.270.310.280.670.470.840.62
0.90.430.870.980.460.090.170.580.750.130.160.750.990.430.320.81-0.120.84-0.090.980.910.480.98-0.090.58
0.770.240.860.850.730.19-0.050.790.810.180.10.810.830.220.080.810.00.610.10.850.90.050.77-0.080.32
0.290.740.29-0.07-0.110.880.75-0.170.120.840.90.12-0.080.590.73-0.120.00.370.67-0.060.020.050.020.960.22
0.960.850.870.840.140.450.640.240.670.490.650.670.850.760.780.840.610.370.080.840.80.680.920.450.74
0.180.290.25-0.10.380.780.280.270.130.60.450.13-0.080.420.27-0.090.10.670.08-0.040.0-0.42-0.070.510.12
0.930.440.920.990.540.140.130.650.850.140.190.850.990.450.310.980.85-0.060.84-0.040.970.440.97-0.040.63
0.910.430.940.960.580.190.110.680.910.180.230.910.950.430.280.910.90.020.80.00.970.340.920.020.58
0.510.630.30.46-0.45-0.030.58-0.330.170.050.40.170.490.580.670.480.050.050.68-0.420.440.340.570.290.7
0.950.570.90.980.370.180.30.490.770.220.320.770.980.530.470.980.770.020.92-0.070.970.920.570.080.66
0.320.820.26-0.05-0.280.820.84-0.310.110.790.950.11-0.050.710.84-0.09-0.080.960.450.51-0.040.020.290.080.38
0.730.640.590.590.120.360.440.20.580.250.490.580.630.870.620.580.320.220.740.120.630.580.70.660.38
Click cells to compare fundamentals

NACCO Industries Account Relationship Matchups

NACCO Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets444.8M476.2M507.2M568.1M539.7M512.7M
Short Long Term Debt Total37.4M57.7M30.4M27.2M46.2M43.9M
Other Current Liab8.9M8.1M26.5M27.3M36.1M34.3M
Total Current Liabilities62.0M52.3M46.0M44.3M70.0M66.5M
Total Stockholder Equity289.4M300.6M352.1M427.0M382.3M435.2M
Property Plant And Equipment Net149.5M182.7M202.1M224.4M232.6M297.3M
Net Debt(85.5M)(30.8M)(55.6M)(83.6M)(38.9M)(36.9M)
Retained Earnings284.9M294.3M336.8M404.9M355.9M433.5M
Cash122.9M88.5M86.0M110.7M85.1M120.0M
Non Current Assets Total244.1M288.0M304.2M307.7M307.7M600.9M
Non Currrent Assets Other28.2M23.4M36.4M(12.1M)41.7M39.6M
Cash And Short Term Investments122.9M88.5M86.0M110.7M85.1M120.0M
Net Receivables21.9M41.3M46.3M60.3M46.1M43.8M
Common Stock Shares Outstanding7.0M7.1M7.2M7.4M7.5M6.6M
Liabilities And Stockholders Equity444.8M476.2M507.2M568.1M539.7M512.7M
Non Current Liabilities Total93.4M123.3M109.1M96.8M87.4M83.0M
Inventory40.5M47.6M54.1M71.5M77M73.2M
Other Current Assets15.5M10.9M14.6M17.9M23.8M32.8M
Other Stockholder Equity8.9M10.9M16.3M23.7M28.7M27.2M
Total Liab155.4M175.6M155.1M141.1M157.4M149.5M
Property Plant And Equipment Gross149.5M182.7M344.5M388.6M460.8M308.2M
Total Current Assets200.7M188.1M203.1M260.4M232.0M220.4M
Accumulated Other Comprehensive Income(11.3M)(11.6M)(8.2M)(9.0M)(9.7M)(10.1M)
Short Term Debt7.8M20.9M2.5M4.7M15.4M14.7M
Intangible Assets37.9M35.3M31.8M28.1M6.0M5.7M
Accounts Payable10.0M5.6M12.9M13.3M17.6M16.7M
Good Will43.6M40.5M37.9M35.3M31.8M30.2M
Common Stock Total Equity7.0M7.1M7.2M7.3M6.6M6.2M
Common Stock7.0M7.1M7.2M7.3M7.4M6.2M
Other Liab63.8M87.7M81.2M73.3M66.0M62.7M
Current Deferred Revenue35.3M16.3M4.1M833K878K834.1K
Other Assets32.1M80.3M51.2M40.3M1.00.95
Long Term Debt17.1M24.4M18.0M16M22.0M20.9M
Property Plant Equipment149.5M182.7M202.1M224.4M201.9M247.3M
Net Tangible Assets251.5M265.3M320.3M398.9M458.7M278.1M
Retained Earnings Total Equity284.9M294.3M336.8M404.9M364.4M246.9M
Long Term Debt Total17.1M24.4M18.2M16.0M14.4M13.7M
Capital Surpluse8.9M10.9M16.3M23.7M27.3M28.6M
Deferred Long Term Liab12.3M17.6M14.8M6.1M5.5M10.2M

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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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Oil, Gas & Consumable Fuels 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 NACCO Industries. If investors know NACCO 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 NACCO Industries 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
1.408
Dividend Share
0.89
Earnings Share
(2.33)
Revenue Per Share
30.255
Quarterly Revenue Growth
0.325
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.