National Net Receivables vs Common Stock Total Equity Analysis
NKSH Stock | USD 31.98 0.06 0.19% |
National Bankshares financial indicator trend analysis is infinitely more than just investigating National Bankshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bankshares is a good investment. Please check the relationship between National Bankshares Net Receivables and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.
Net Receivables vs Common Stock Total Equity
Net Receivables vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Bankshares Net Receivables account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Bankshares' Net Receivables and Common Stock Total Equity is 0.68. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of National Bankshares, assuming nothing else is changed. The correlation between historical values of National Bankshares' Net Receivables and Common Stock Total Equity 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 Receivables of National Bankshares are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., National Bankshares' Net Receivables and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from National Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bankshares 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 Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.As of now, National Bankshares' Tax Provision is decreasing as compared to previous years. The National Bankshares' current Enterprise Value Over EBITDA is estimated to increase to 7.16, while Selling General Administrative is projected to decrease to under 5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.1M | 3.1M | 21.6M | 22.6M | Depreciation And Amortization | 636K | 609K | 754K | 987.0K |
National Bankshares fundamental ratios Correlations
Click cells to compare fundamentals
National Bankshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Bankshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.5B | 1.7B | 1.7B | 1.7B | 1.1B | |
Short Long Term Debt Total | 2.3M | 2.0M | 1.6M | 1.4M | 1.1M | 977.1K | |
Total Stockholder Equity | 183.7M | 200.6M | 191.8M | 122.7M | 140.5M | 130.0M | |
Property Plant And Equipment Net | 11.2M | 10.0M | 9.7M | 10.4M | 12.2M | 10.7M | |
Net Debt | (84.9M) | (131.9M) | (137.2M) | (70.0M) | (86.6M) | (90.9M) | |
Retained Earnings | 184.1M | 189.5M | 188.2M | 199.1M | 198.0M | 129.7M | |
Cash | 87.2M | 133.9M | 138.8M | 71.4M | 86.6M | 70.2M | |
Non Current Assets Total | 452.3M | 562.6M | 701.7M | 673.1M | 2.2B | 2.3B | |
Non Currrent Assets Other | (4.9M) | (6.3M) | (5.0M) | (25.6M) | (636.7M) | (604.8M) | |
Other Assets | 342.8M | 271.4M | 170.6M | 270.2M | (1.2B) | (1.1B) | |
Cash And Short Term Investments | 522.4M | 680.6M | 824.9M | 728.3M | 631.6M | 663.1M | |
Net Receivables | 4.3M | 5.0M | 5.1M | 6.0M | 6.3M | 5.6M | |
Common Stock Total Equity | 8.1M | 8.0M | 7.6M | 7.4M | 6.6M | 6.8M | |
Common Stock Shares Outstanding | 6.6M | 6.5M | 6.2M | 6.0M | 5.9M | 5.5M | |
Liabilities And Stockholders Equity | 1.3B | 1.5B | 1.7B | 1.7B | 1.7B | 1.1B | |
Other Stockholder Equity | 494K | 3.0M | (4.1M) | (83.8M) | (75.4M) | (71.6M) | |
Property Plant And Equipment Gross | 8.9M | 10.0M | 21.8M | 22.1M | 23.6M | 11.9M | |
Total Current Assets | 526.7M | 685.6M | 830.0M | 734.3M | 637.9M | 669.8M | |
Accumulated Other Comprehensive Income | (8.5M) | 3.0M | (4.1M) | (83.8M) | (64.9M) | (61.6M) | |
Common Stock | 8.1M | 8.0M | 7.6M | 7.4M | 7.4M | 6.8M | |
Non Current Liabilities Total | 2.3M | 286.3M | 307.3M | 106K | 1.5B | 1.6B | |
Other Current Liab | (144K) | 251K | 197K | 148K | (1.8M) | (1.7M) | |
Other Liab | 15.9M | 19.9M | 15.8M | 10.6M | 12.2M | 9.2M | |
Short Term Investments | 435.3M | 546.7M | 686.1M | 656.9M | 618.6M | 649.5M | |
Inventory | (98.0M) | (148.7M) | (152.5M) | (85.7M) | (637.9M) | (606.0M) | |
Property Plant Equipment | 10.5M | 12.0M | 9.7M | 11.0M | 12.7M | 12.4M | |
Other Current Assets | 98.0M | 148.7M | 152.5M | 85.7M | 100.6M | 95.5M | |
Current Deferred Revenue | (210K) | (307K) | (245K) | (254K) | (1.4M) | (1.5M) | |
Net Tangible Assets | 177.9M | 194.8M | 185.9M | 116.8M | 134.4M | 179.3M | |
Retained Earnings Total Equity | 193.6M | 184.1M | 188.2M | 199.1M | 229.0M | 189.6M | |
Long Term Investments | 727.5M | 546.7M | 686.1M | 656.9M | 618.6M | 609.7M | |
Non Current Liabilities Other | 13.8M | 18.2M | 15.8M | 12.0M | 13.8M | 11.7M | |
Capital Stock | 8.1M | 8.0M | 7.6M | 7.4M | 7.4M | 6.3M |
Currently Active Assets on Macroaxis
When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' 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 Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Bankshares. 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 Bankshares 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 (0.19) | Dividend Share 1.51 | Earnings Share 1.46 | Revenue Per Share 7.192 | Quarterly Revenue Growth 0.051 |
The market value of National Bankshares 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 Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.