Northland Other Current Liab vs Common Stock 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 Other Current Liab and its Common Stock 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.
Other Current Liab vs Common Stock
Other Current Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northland Power Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northland Power's Other Current Liab and Common Stock is 0.49. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock 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 Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Northland Power are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Northland Power's Other Current Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Common Stock
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 |
Northland Power fundamental ratios Correlations
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Northland Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.