NPI Stock | | | CAD 20.37 0.67 3.40% |
Northland Power financial indicator trend analysis is infinitely more than just investigating Northland Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northland Power is a good investment. Please check the relationship between Northland Power Income Before Tax and its Selling And Marketing Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northland Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Income Before Tax vs Selling And Marketing Expenses
Income Before Tax vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northland Power Income Before Tax account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Northland Power's Income Before Tax and Selling And Marketing Expenses is 0.14. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Northland Power, assuming nothing else is changed. The correlation between historical values of Northland Power's Income Before Tax and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Northland Power are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Before Tax i.e., Northland Power's Income Before Tax and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Northland Power income statement and is an important metric when analyzing Northland Power profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Selling And Marketing Expenses
Most indicators from Northland Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northland Power 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 Northland Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Northland Power's
Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024,
Issuance Of Capital Stock is likely to grow to about 477.2
M, while
Tax Provision is likely to drop about 37.2
M.
Northland Power fundamental ratios Correlations
Click cells to compare fundamentals
Northland Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northland Power fundamental ratios Accounts
Other Information on Investing in Northland Stock
Balance Sheet is a snapshot of the
financial position of Northland Power at a specified time, usually calculated after every quarter, six months, or one year. Northland Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northland Power 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 Northland currently owns. An asset can also be divided into two categories, current and non-current.