National Net Income From Continuing Ops vs Gross Profit Analysis

NSA-PB Stock

21.07 0.01 0.05%

National Storage financial indicator trend analysis is infinitely more than just investigating National Storage Aff recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Storage Aff is a good investment. Please check the relationship between National Storage Net Income From Continuing Ops and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. 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.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Storage Aff Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between National Storage's Net Income From Continuing Ops and Gross Profit is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of National Storage Affiliates, assuming nothing else is changed. The correlation between historical values of National Storage's Net Income From Continuing Ops and Gross Profit 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 Income From Continuing Ops of National Storage Affiliates are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., National Storage's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of National Storage Affiliates minus its cost of goods sold. It is profit before National Storage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from National Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Storage Aff 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 Storage Affiliates. 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.

The current year's Tax Provision is expected to grow to about 2.7 M, whereas Selling General Administrative is forecasted to decline to about 58.6 M.

	2022	2023	2024	2025 (projected)
Gross Profit	590.5M	629.1M	723.4M	538.7M
Total Revenue	801.6M	858.1M	986.8M	736.3M

Gross Profit Total Revenue

National Storage fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Other Current Assets
Total Assets		0.98	0.95	-0.72	0.99	-0.92	0.99	0.87	0.99	0.98	0.96	-0.55	0.97	0.98	0.6	0.99	1.0	0.72	-0.72	0.96	0.78	0.77	0.33	0.89	0.79
Total Current Liabilities	0.98		0.99	-0.68	0.95	-0.87	0.96	0.76	1.0	0.92	0.94	-0.49	0.98	0.92	0.5	0.95	0.98	0.62	-0.68	1.0	0.67	0.63	0.16	0.89	0.79
Total Stockholder Equity	0.95	0.99		-0.71	0.91	-0.81	0.94	0.69	0.98	0.87	0.89	-0.51	0.98	0.87	0.48	0.9	0.96	0.55	-0.71	1.0	0.63	0.57	0.11	0.92	0.72
Property Plant And Equipment Net	-0.72	-0.68	-0.71		-0.7	0.72	-0.72	-0.61	-0.72	-0.69	-0.61	0.96	-0.79	-0.7	-0.79	-0.71	-0.71	-0.68	1.0	-0.67	-0.85	-0.62	-0.6	-0.73	-0.53
Net Debt	0.99	0.95	0.91	-0.7		-0.94	0.98	0.92	0.97	1.0	0.97	-0.54	0.93	1.0	0.62	1.0	0.99	0.77	-0.7	0.92	0.81	0.82	0.39	0.85	0.8
Retained Earnings	-0.92	-0.87	-0.81	0.72	-0.94		-0.87	-0.88	-0.89	-0.95	-0.93	0.6	-0.83	-0.94	-0.58	-0.94	-0.92	-0.77	0.72	-0.83	-0.88	-0.79	-0.53	-0.73	-0.82
Accounts Payable	0.99	0.96	0.94	-0.72	0.98	-0.87		0.89	0.97	0.97	0.92	-0.55	0.96	0.97	0.62	0.98	0.99	0.72	-0.72	0.93	0.78	0.8	0.35	0.91	0.72
Cash	0.87	0.76	0.69	-0.61	0.92	-0.88	0.89		0.79	0.94	0.83	-0.49	0.74	0.95	0.6	0.92	0.86	0.77	-0.61	0.7	0.88	0.97	0.65	0.74	0.6
Non Current Assets Total	0.99	1.0	0.98	-0.72	0.97	-0.89	0.97	0.79		0.95	0.96	-0.54	0.98	0.94	0.57	0.97	0.99	0.68	-0.72	0.99	0.71	0.67	0.22	0.88	0.81
Long Term Debt	0.98	0.92	0.87	-0.69	1.0	-0.95	0.97	0.94	0.95		0.96	-0.54	0.91	1.0	0.64	1.0	0.98	0.8	-0.69	0.88	0.84	0.86	0.45	0.83	0.78
Net Receivables	0.96	0.94	0.89	-0.61	0.97	-0.93	0.92	0.83	0.96	0.96		-0.47	0.9	0.95	0.59	0.96	0.96	0.78	-0.61	0.92	0.71	0.69	0.26	0.73	0.92
Good Will	-0.55	-0.49	-0.51	0.96	-0.54	0.6	-0.55	-0.49	-0.54	-0.54	-0.47		-0.62	-0.55	-0.83	-0.55	-0.54	-0.69	0.96	-0.47	-0.8	-0.52	-0.66	-0.52	-0.46
Common Stock Shares Outstanding	0.97	0.98	0.98	-0.79	0.93	-0.83	0.96	0.74	0.98	0.91	0.9	-0.62		0.9	0.62	0.93	0.97	0.66	-0.79	0.97	0.71	0.64	0.22	0.91	0.75
Non Current Liabilities Total	0.98	0.92	0.87	-0.7	1.0	-0.94	0.97	0.95	0.94	1.0	0.95	-0.55	0.9		0.65	1.0	0.97	0.8	-0.7	0.88	0.84	0.87	0.46	0.82	0.78
Capital Lease Obligations	0.6	0.5	0.48	-0.79	0.62	-0.58	0.62	0.6	0.57	0.64	0.59	-0.83	0.62	0.65		0.63	0.58	0.92	-0.79	0.46	0.71	0.63	0.56	0.42	0.62
Total Liab	0.99	0.95	0.9	-0.71	1.0	-0.94	0.98	0.92	0.97	1.0	0.96	-0.55	0.93	1.0	0.63		0.99	0.78	-0.71	0.91	0.82	0.83	0.41	0.85	0.79
Net Invested Capital	1.0	0.98	0.96	-0.71	0.99	-0.92	0.99	0.86	0.99	0.98	0.96	-0.54	0.97	0.97	0.58	0.99		0.71	-0.71	0.97	0.76	0.75	0.3	0.89	0.79
Long Term Investments	0.72	0.62	0.55	-0.68	0.77	-0.77	0.72	0.77	0.68	0.8	0.78	-0.69	0.66	0.8	0.92	0.78	0.71		-0.68	0.56	0.76	0.74	0.57	0.43	0.8
Property Plant And Equipment Gross	-0.72	-0.68	-0.71	1.0	-0.7	0.72	-0.72	-0.61	-0.72	-0.69	-0.61	0.96	-0.79	-0.7	-0.79	-0.71	-0.71	-0.68		-0.67	-0.85	-0.62	-0.6	-0.73	-0.53
Short Long Term Debt	0.96	1.0	1.0	-0.67	0.92	-0.83	0.93	0.7	0.99	0.88	0.92	-0.47	0.97	0.88	0.46	0.91	0.97	0.56	-0.67		0.61	0.56	0.08	0.89	0.77
Total Current Assets	0.78	0.67	0.63	-0.85	0.81	-0.88	0.78	0.88	0.71	0.84	0.71	-0.8	0.71	0.84	0.71	0.82	0.76	0.76	-0.85	0.61		0.9	0.84	0.7	0.54
Capital Stock	0.77	0.63	0.57	-0.62	0.82	-0.79	0.8	0.97	0.67	0.86	0.69	-0.52	0.64	0.87	0.63	0.83	0.75	0.74	-0.62	0.56	0.9		0.76	0.68	0.45
Net Working Capital	0.33	0.16	0.11	-0.6	0.39	-0.53	0.35	0.65	0.22	0.45	0.26	-0.66	0.22	0.46	0.56	0.41	0.3	0.57	-0.6	0.08	0.84	0.76		0.28	0.14
Intangible Assets	0.89	0.89	0.92	-0.73	0.85	-0.73	0.91	0.74	0.88	0.83	0.73	-0.52	0.91	0.82	0.42	0.85	0.89	0.43	-0.73	0.89	0.7	0.68	0.28		0.44
Other Current Assets	0.79	0.79	0.72	-0.53	0.8	-0.82	0.72	0.6	0.81	0.78	0.92	-0.46	0.75	0.78	0.62	0.79	0.79	0.8	-0.53	0.77	0.54	0.45	0.14	0.44

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When determining whether National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage's 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 Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:

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Please note, there is a significant difference between National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage'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.

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National Net Income From Continuing Ops vs Gross Profit Analysis

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Gross Profit

National Storage fundamental ratios Correlations

National Storage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Short Long Term Debt	+ 1.0	Total Current Liabilities
Short Long Term Debt	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Net Debt

Long Term Debt	- 0.95	Retained Earnings
Total Liab	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Net Debt
Net Receivables	- 0.93	Retained Earnings
Net Invested Capital	- 0.92	Retained Earnings