NiSource Cost Of Revenue vs Revenue Per Share Analysis
NI Stock | USD 37.95 0.24 0.64% |
NiSource financial indicator trend analysis is infinitely more than just investigating NiSource recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NiSource is a good investment. Please check the relationship between NiSource Cost Of Revenue and its Revenue Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
Cost Of Revenue vs Revenue Per Share
Cost Of Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NiSource Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between NiSource's Cost Of Revenue and Revenue Per Share is 0.33. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of NiSource, assuming nothing else is changed. The correlation between historical values of NiSource's Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of NiSource are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., NiSource's Cost Of Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on NiSource income statement and represents the costs associated with goods and services NiSource provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most indicators from NiSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NiSource 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 NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.The NiSource's current Sales General And Administrative To Revenue is estimated to increase to 0, while Selling General Administrative is projected to decrease to under 22.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.3B | 2.5B | 3.5B | Total Revenue | 4.9B | 5.9B | 5.5B | 5.0B |
NiSource fundamental ratios Correlations
Click cells to compare fundamentals
NiSource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NiSource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 376.0M | 384.3M | 417.3M | 442.7M | 447.9M | 263.6M | |
Total Assets | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Short Long Term Debt Total | 9.6B | 9.7B | 9.8B | 11.7B | 14.1B | 7.8B | |
Other Current Liab | 1.0B | 676.7M | 908.6M | 1.4B | 981.6M | 1.2B | |
Total Current Liabilities | 3.7B | 2.3B | 2.7B | 4.7B | 5.3B | 3.5B | |
Total Stockholder Equity | 6.0B | 5.8B | 6.9B | 7.6B | 8.3B | 4.9B | |
Property Plant And Equipment Net | 16.9B | 16.6B | 17.9B | 19.8B | 22.3B | 12.3B | |
Current Deferred Revenue | 256.4M | 243.3M | 237.9M | 324.7M | 287.2M | 242.5M | |
Net Debt | 9.5B | 9.6B | 9.7B | 11.6B | 11.9B | 7.7B | |
Retained Earnings | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (967M) | (918.7M) | |
Accounts Payable | 666M | 589M | 697.8M | 899.5M | 749.4M | 629.6M | |
Cash | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Non Current Assets Total | 20.8B | 20.4B | 22.2B | 24.2B | 26.6B | 17.0B | |
Non Currrent Assets Other | 764.5M | 553.1M | 949.3M | 2.6B | 2.7B | 2.8B | |
Cash And Short Term Investments | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Net Receivables | 905.4M | 825.4M | 925.2M | 1.2B | 928M | 942.9M | |
Liabilities And Stockholders Equity | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Non Current Liabilities Total | 12.9B | 13.9B | 14.1B | 14.2B | 15.7B | 10.9B | |
Inventory | 424.7M | 401.1M | 498.7M | 751.9M | 503.2M | 499.5M | |
Other Current Assets | 225.7M | 316.4M | 412.7M | 621.6M | 822.8M | 418.9M | |
Other Stockholder Equity | 6.6B | 6.8B | 7.1B | 7.3B | 8.8B | 9.2B | |
Total Liab | 16.7B | 16.2B | 16.9B | 18.8B | 20.9B | 14.2B | |
Total Current Assets | 1.9B | 1.7B | 1.9B | 2.6B | 4.5B | 2.3B | |
Accumulated Other Comprehensive Income | (92.6M) | (156.7M) | (126.8M) | (37.1M) | (33.6M) | (35.3M) | |
Short Term Debt | 1.8B | 526.3M | 624.8M | 1.8B | 3.1B | 3.2B | |
Other Liab | 4.9B | 4.6B | 5.0B | 4.6B | 5.3B | 3.6B | |
Other Assets | 2.3B | 2.0B | 2.6B | 2.6B | 63.6M | 60.4M | |
Long Term Debt | 7.9B | 9.0B | 9.2B | 9.5B | 11.1B | 7.5B | |
Property Plant Equipment | 17.0B | 39.9M | 17.9B | 35.7M | 41.1M | 39.0M | |
Property Plant And Equipment Gross | 16.9B | 16.6B | 25.2B | 27.6B | 30.5B | 15.6B | |
Net Tangible Assets | 13.0B | 14.1B | 14.6B | 15.6B | 17.9B | 13.9B | |
Retained Earnings Total Equity | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (1.1B) | (1.0B) |
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Multi-Utilities 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 NiSource. If investors know NiSource 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 NiSource 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 0.097 | Dividend Share 1.06 | Earnings Share 1.64 | Revenue Per Share 11.933 | Quarterly Revenue Growth 0.048 |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.