Northland Operating Income vs Ebitda Analysis

NPI Stock

CAD 19.86 0.14 0.70%

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 Operating Income and its Ebitda 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.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northland Power Operating Income account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between Northland Power's Operating Income and Ebitda is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda 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 Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Northland Power are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Northland Power's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Northland Power operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northland Power is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

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 22nd 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.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.2B	2.0B	2.1B
Total Revenue	2.1B	2.4B	2.2B	2.3B

Gross Profit Total Revenue

Northland Power fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total
Common Stock Shares Outstanding		0.95	0.44	0.85	0.83	0.92	0.84	-0.5	0.47	0.78	0.95	0.79	0.78	0.91	0.98	-0.4	0.45	-0.37	0.9	0.94	0.87	0.94	0.87	0.7	0.86	0.74
Total Assets	0.95		0.55	0.93	0.79	0.99	0.93	-0.44	0.54	0.83	1.0	0.73	0.83	0.94	0.96	-0.29	0.55	-0.49	0.98	0.98	0.93	0.92	0.95	0.63	0.91	0.85
Other Current Liab	0.44	0.55		0.76	0.49	0.52	0.42	0.07	0.15	0.77	0.51	0.4	0.77	0.54	0.41	0.32	0.8	-0.25	0.52	0.51	0.78	0.49	0.48	0.36	0.6	0.49
Total Current Liabilities	0.85	0.93	0.76		0.8	0.89	0.79	-0.21	0.45	0.89	0.91	0.73	0.89	0.92	0.85	-0.16	0.66	-0.4	0.88	0.92	0.97	0.88	0.83	0.63	0.96	0.75
Total Stockholder Equity	0.83	0.79	0.49	0.8		0.69	0.51	0.06	0.14	0.88	0.77	0.94	0.88	0.81	0.78	-0.56	0.27	-0.27	0.63	0.86	0.84	0.95	0.58	0.93	0.81	0.41
Property Plant And Equipment Net	0.92	0.99	0.52	0.89	0.69		0.97	-0.53	0.61	0.76	0.99	0.63	0.76	0.9	0.95	-0.21	0.57	-0.53	1.0	0.95	0.88	0.86	0.99	0.51	0.86	0.91
Net Debt	0.84	0.93	0.42	0.79	0.51	0.97		-0.66	0.64	0.6	0.94	0.46	0.6	0.82	0.9	-0.14	0.57	-0.6	0.98	0.86	0.78	0.73	1.0	0.35	0.78	0.93
Retained Earnings	-0.5	-0.44	0.07	-0.21	0.06	-0.53	-0.66		-0.6	0.0	-0.47	0.03	0.0	-0.3	-0.52	-0.04	-0.24	0.24	-0.57	-0.33	-0.18	-0.21	-0.61	0.14	-0.19	-0.62
Accounts Payable	0.47	0.54	0.15	0.45	0.14	0.61	0.64	-0.6		0.33	0.56	0.04	0.33	0.45	0.52	0.29	0.24	-0.31	0.63	0.51	0.38	0.35	0.64	-0.16	0.38	0.72
Cash	0.78	0.83	0.77	0.89	0.88	0.76	0.6	0.0	0.33		0.8	0.75	1.0	0.81	0.75	-0.14	0.48	-0.36	0.72	0.85	0.94	0.88	0.67	0.74	0.81	0.6
Non Current Assets Total	0.95	1.0	0.51	0.91	0.77	0.99	0.94	-0.47	0.56	0.8		0.71	0.8	0.93	0.97	-0.3	0.52	-0.49	0.98	0.98	0.91	0.91	0.96	0.61	0.9	0.86
Non Currrent Assets Other	0.79	0.73	0.4	0.73	0.94	0.63	0.46	0.03	0.04	0.75	0.71		0.75	0.74	0.73	-0.66	0.23	-0.17	0.57	0.8	0.74	0.9	0.51	0.93	0.77	0.33
Cash And Short Term Investments	0.78	0.83	0.77	0.89	0.88	0.76	0.6	0.0	0.33	1.0	0.8	0.75		0.81	0.75	-0.14	0.48	-0.36	0.72	0.85	0.94	0.88	0.67	0.74	0.81	0.6
Net Receivables	0.91	0.94	0.54	0.92	0.81	0.9	0.82	-0.3	0.45	0.81	0.93	0.74	0.81		0.9	-0.31	0.49	-0.32	0.9	0.93	0.91	0.9	0.85	0.65	0.95	0.76
Common Stock Total Equity	0.98	0.96	0.41	0.85	0.78	0.95	0.9	-0.52	0.52	0.75	0.97	0.73	0.75	0.9		-0.37	0.45	-0.51	0.93	0.95	0.85	0.93	0.92	0.64	0.86	0.79
Inventory	-0.4	-0.29	0.32	-0.16	-0.56	-0.21	-0.14	-0.04	0.29	-0.14	-0.3	-0.66	-0.14	-0.31	-0.37		0.32	0.05	-0.16	-0.37	-0.17	-0.49	-0.14	-0.73	-0.33	0.08
Other Current Assets	0.45	0.55	0.8	0.66	0.27	0.57	0.57	-0.24	0.24	0.48	0.52	0.23	0.48	0.49	0.45	0.32		-0.33	0.59	0.48	0.65	0.38	0.58	0.12	0.55	0.61
Other Stockholder Equity	-0.37	-0.49	-0.25	-0.4	-0.27	-0.53	-0.6	0.24	-0.31	-0.36	-0.49	-0.17	-0.36	-0.32	-0.51	0.05	-0.33		-0.51	-0.47	-0.42	-0.41	-0.59	-0.18	-0.38	-0.5
Total Liab	0.9	0.98	0.52	0.88	0.63	1.0	0.98	-0.57	0.63	0.72	0.98	0.57	0.72	0.9	0.93	-0.16	0.59	-0.51		0.93	0.87	0.82	0.99	0.46	0.86	0.93
Property Plant And Equipment Gross	0.94	0.98	0.51	0.92	0.86	0.95	0.86	-0.33	0.51	0.85	0.98	0.8	0.85	0.93	0.95	-0.37	0.48	-0.47	0.93		0.92	0.96	0.9	0.71	0.91	0.77
Total Current Assets	0.87	0.93	0.78	0.97	0.84	0.88	0.78	-0.18	0.38	0.94	0.91	0.74	0.94	0.91	0.85	-0.17	0.65	-0.42	0.87	0.92		0.9	0.83	0.69	0.92	0.74
Common Stock	0.94	0.92	0.49	0.88	0.95	0.86	0.73	-0.21	0.35	0.88	0.91	0.9	0.88	0.9	0.93	-0.49	0.38	-0.41	0.82	0.96	0.9		0.78	0.84	0.88	0.62
Short Long Term Debt Total	0.87	0.95	0.48	0.83	0.58	0.99	1.0	-0.61	0.64	0.67	0.96	0.51	0.67	0.85	0.92	-0.14	0.58	-0.59	0.99	0.9	0.83	0.78		0.4	0.81	0.93
Current Deferred Revenue	0.7	0.63	0.36	0.63	0.93	0.51	0.35	0.14	-0.16	0.74	0.61	0.93	0.74	0.65	0.64	-0.73	0.12	-0.18	0.46	0.71	0.69	0.84	0.4		0.67	0.2
Short Term Debt	0.86	0.91	0.6	0.96	0.81	0.86	0.78	-0.19	0.38	0.81	0.9	0.77	0.81	0.95	0.86	-0.33	0.55	-0.38	0.86	0.91	0.92	0.88	0.81	0.67		0.7
Non Current Liabilities Total	0.74	0.85	0.49	0.75	0.41	0.91	0.93	-0.62	0.72	0.6	0.86	0.33	0.6	0.76	0.79	0.08	0.61	-0.5	0.93	0.77	0.74	0.62	0.93	0.2	0.7

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Northland Power Account Relationship Matchups

Northland Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	187.6M	201.2M	218.9M	236.2M	252.7M	265.3M
Total Assets	10.5B	11.4B	12.9B	14.2B	13.6B	14.3B
Other Current Liab	486.8M	198.7M	222.6M	944.7M	55.6M	109.8M
Total Current Liabilities	1.4B	1.1B	1.4B	1.9B	1.3B	1.3B
Total Stockholder Equity	1.1B	1.6B	2.8B	4.4B	4.2B	4.4B
Property Plant And Equipment Net	8.1B	8.7B	9.6B	9.4B	9.2B	9.6B
Net Debt	6.9B	7.2B	7.0B	5.9B	6.6B	6.9B
Retained Earnings	(1.5B)	(1.4B)	(1.2B)	(701.1M)	(1.2B)	(1.2B)
Accounts Payable	193.2M	252.7M	504.6M	163.3M	161.6M	133.6M
Cash	268.2M	435.0M	673.7M	1.3B	642.5M	674.6M
Non Current Assets Total	9.2B	10.3B	11.5B	11.9B	12.2B	12.8B
Non Currrent Assets Other	350.6M	333.3M	433.1M	798.9M	968.8M	1.0B
Cash And Short Term Investments	268.2M	435.0M	673.7M	1.3B	642.5M	674.6M
Net Receivables	299.6M	376.7M	388.2M	403.1M	396.0M	415.8M
Common Stock Total Equity	2.3B	2.4B	2.4B	3.0B	3.4B	3.6B
Liabilities And Stockholders Equity	10.5B	11.4B	12.9B	14.2B	13.6B	14.3B
Inventory	21.5M	24.1M	36.6M	43.8M	(121.4M)	(115.4M)
Other Current Assets	689.5M	240.9M	316.2M	602.2M	97.5M	143.2M
Other Stockholder Equity	702K	6.5M	3.6M	5.5M	6.0M	5.7M
Total Liab	9.0B	9.4B	9.9B	9.5B	9.1B	9.6B
Property Plant And Equipment Gross	8.1B	8.7B	13.0B	12.9B	13.3B	13.9B
Total Current Assets	1.3B	1.1B	1.4B	2.3B	1.4B	1.5B
Accumulated Other Comprehensive Income	(174.6M)	(283.2M)	(280.0M)	(4.0M)	107.7M	113.0M
Common Stock	2.4B	3.0B	4.0B	4.9B	5.1B	5.3B
Short Long Term Debt Total	7.3B	7.6B	7.8B	7.2B	7.2B	7.6B
Current Deferred Revenue	18.0M	20.2M	24.9M	299.0M	343.8M	361.0M
Short Term Debt	718.0M	608.4M	677.4M	800.9M	759.8M	797.8M
Non Current Liabilities Total	7.6B	8.3B	8.5B	7.6B	7.9B	4.0B
Intangible Assets	521.1M	533.2M	497.6M	515.8M	446.9M	412.7M
Other Liab	622.2M	847.0M	1.1B	1.3B	1.5B	1.5B
Net Tangible Assets	76.7M	72.3M	1.2B	3.0B	3.5B	3.6B
Other Assets	401.2M	398.1M	466.6M	660.4M	759.5M	446.5M
Long Term Debt	6.5B	7.0B	7.0B	6.2B	6.4B	6.3B
Short Term Investments	99K	75K	115K	25M	121.4M	127.5M
Long Term Investments	166K	1.8M	131.1M	441.6M	899.9M	944.9M
Short Long Term Debt	718.0M	608.4M	677.4M	784.1M	759.8M	494.5M
Property Plant Equipment	8.1B	8.7B	9.6B	9.4B	10.8B	7.8B
Long Term Debt Total	6.6B	7.0B	7.1B	6.3B	7.3B	7.2B
Capital Surpluse	351K	3.2M	3.6M	5.5M	6.4M	6.7M

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.

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Northland Operating Income vs Ebitda Analysis

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

Northland Power fundamental ratios Correlations

Northland Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northland Power fundamental ratios Accounts

Other Information on Investing in Northland Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Current Deferred Revenue	- 0.73	Inventory
Inventory	- 0.66	Non Currrent Assets Other
Retained Earnings	- 0.66	Net Debt
Non Current Liabilities Total	- 0.62	Retained Earnings
Short Long Term Debt Total	- 0.61	Retained Earnings
Accounts Payable	- 0.6	Retained Earnings