Northern Selling General Administrative vs Total Operating Expenses Analysis

NTRS Stock  USD 109.46  0.52  0.48%   
Northern Trust financial indicator trend analysis is infinitely more than just investigating Northern Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Trust is a good investment. Please check the relationship between Northern Trust Selling General Administrative and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Trust Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northern Trust's Selling General Administrative and Total Operating Expenses is -0.12. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Northern Trust, assuming nothing else is changed. The correlation between historical values of Northern Trust's Selling General Administrative and Total Operating 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 Selling General Administrative of Northern Trust are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Northern Trust's Selling General Administrative and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Northern Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Trust 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 Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.At this time, Northern Trust's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 349.8 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income2.0B2.3B1.5B995.8M
Other Operating Expenses4.5B4.5B4.8B5.1B

Northern Trust fundamental ratios Correlations

0.10.170.660.650.310.26-0.160.150.330.450.5-0.180.330.060.10.510.110.10.250.03-0.10.170.170.02-0.23
0.10.6-0.010.020.830.210.250.75-0.070.14-0.410.42-0.07-0.03-0.650.070.620.390.340.190.690.420.540.980.61
0.170.60.280.350.620.120.330.53-0.110.21-0.040.39-0.11-0.03-0.610.50.390.870.130.060.610.280.010.510.75
0.66-0.010.281.0-0.08-0.240.18-0.270.220.110.870.020.22-0.330.010.30.170.290.45-0.380.07-0.09-0.05-0.14-0.21
0.650.020.351.0-0.05-0.270.23-0.250.210.070.850.080.21-0.37-0.030.330.20.360.47-0.390.13-0.11-0.07-0.12-0.16
0.310.830.62-0.08-0.050.62-0.020.96-0.130.52-0.50.26-0.130.4-0.530.390.350.430.040.540.490.590.470.850.67
0.260.210.12-0.24-0.270.62-0.680.710.010.86-0.45-0.270.010.950.120.48-0.34-0.03-0.530.85-0.30.840.170.350.42
-0.160.250.330.180.23-0.02-0.68-0.11-0.58-0.590.150.52-0.58-0.72-0.5-0.190.50.410.69-0.530.68-0.540.030.110.11
0.150.750.53-0.27-0.250.960.71-0.11-0.170.5-0.660.3-0.170.53-0.420.390.170.4-0.090.70.390.630.390.810.74
0.33-0.07-0.110.220.21-0.130.01-0.58-0.170.010.24-0.131.0-0.080.30.07-0.02-0.09-0.19-0.06-0.260.01-0.01-0.11-0.31
0.450.140.210.110.070.520.86-0.590.50.01-0.08-0.530.010.82-0.030.42-0.11-0.08-0.410.49-0.290.760.180.250.22
0.5-0.41-0.040.870.85-0.5-0.450.15-0.660.24-0.08-0.160.24-0.440.260.17-0.030.020.36-0.57-0.2-0.32-0.32-0.53-0.51
-0.180.420.390.020.080.26-0.270.520.3-0.13-0.53-0.16-0.13-0.38-0.210.230.060.70.460.170.63-0.21-0.170.310.51
0.33-0.07-0.110.220.21-0.130.01-0.58-0.171.00.010.24-0.13-0.080.30.07-0.02-0.09-0.19-0.06-0.260.01-0.01-0.11-0.31
0.06-0.03-0.03-0.33-0.370.40.95-0.720.53-0.080.82-0.44-0.38-0.080.220.38-0.5-0.16-0.660.81-0.450.770.020.140.34
0.1-0.65-0.610.01-0.03-0.530.12-0.5-0.420.3-0.030.26-0.210.30.220.18-0.81-0.36-0.30.26-0.870.05-0.41-0.62-0.39
0.510.070.50.30.330.390.48-0.190.390.070.420.170.230.070.380.18-0.440.6-0.120.53-0.060.48-0.420.020.48
0.110.620.390.170.20.35-0.340.50.17-0.02-0.11-0.030.06-0.02-0.5-0.81-0.440.10.49-0.560.69-0.230.60.540.0
0.10.390.870.290.360.43-0.030.410.4-0.09-0.080.020.7-0.09-0.16-0.360.60.10.190.150.570.05-0.20.270.7
0.250.340.130.450.470.04-0.530.69-0.09-0.19-0.410.360.46-0.19-0.66-0.3-0.120.490.19-0.450.52-0.370.070.21-0.12
0.030.190.06-0.38-0.390.540.85-0.530.7-0.060.49-0.570.17-0.060.810.260.53-0.560.15-0.45-0.210.69-0.010.30.55
-0.10.690.610.070.130.49-0.30.680.39-0.26-0.29-0.20.63-0.26-0.45-0.87-0.060.690.570.52-0.21-0.20.290.60.44
0.170.420.28-0.09-0.110.590.84-0.540.630.010.76-0.32-0.210.010.770.050.48-0.230.05-0.370.69-0.20.130.530.56
0.170.540.01-0.05-0.070.470.170.030.39-0.010.18-0.32-0.17-0.010.02-0.41-0.420.6-0.20.07-0.010.290.130.57-0.07
0.020.980.51-0.14-0.120.850.350.110.81-0.110.25-0.530.31-0.110.14-0.620.020.540.270.210.30.60.530.570.63
-0.230.610.75-0.21-0.160.670.420.110.74-0.310.22-0.510.51-0.310.34-0.390.480.00.7-0.120.550.440.56-0.070.63
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Northern Trust Account Relationship Matchups

Northern Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding215.6M209.0M208.9M208.9M207.6M242.2M
Total Assets136.8B170.0B183.9B155.0B150.8B80.5B
Short Long Term Debt Total18.3B13.2B7.7B12.4B13.4B8.4B
Other Current Liab(7.8B)43.1B(499.8M)25.3B22.8B21.7B
Total Current Liabilities7.8B48.0B499.8M35.5B22.8B21.7B
Total Stockholder Equity11.1B11.7B12.0B11.3B11.9B12.5B
Property Plant And Equipment Net483.3M514.9M488.7M500.5M1.0B1.1B
Net Debt7.3B4.2B4.2B7.7B(23.8B)(22.6B)
Retained Earnings11.7B12.2B13.1B13.8B14.2B14.9B
Cash4.5B4.4B3.1B4.7B4.8B4.6B
Non Current Assets Total53.4B62.3B63.9B(719.7M)152.9B160.6B
Non Currrent Assets Other(53.4B)(62.3B)(63.9B)(55.5B)(53.1B)(50.5B)
Other Assets25.9B23.1B34.8B147.5B(7.0B)(6.6B)
Cash And Short Term Investments4.5B4.4B3.1B4.7B4.8B4.6B
Liabilities And Stockholders Equity136.8B170.0B183.9B155.0B150.8B80.5B
Non Current Liabilities Total4.0B8.6B7.2B1.3B138.9B145.8B
Other Stockholder Equity(11.5B)(12.6B)(13.1B)(2.3B)(2.5B)(2.6B)
Total Liab125.7B8.6B7.2B143.8B138.9B145.8B
Total Current Assets57.5B84.6B85.2B8.3B4.8B4.6B
Accumulated Other Comprehensive Income(194.7M)428M(35.6M)(1.6B)(1.1B)(1.1B)
Short Term Debt7.8B4.9B499.8M10.1B3.8B3.6B
Net Receivables845.7M1.2B1.9B1.7B212.6M202.0M
Property Plant And Equipment Gross483.3M514.9M488.7M1.3B1.3B1.4B
Common Stock9.6B9.8B10.8B11.1B10.4B388.2M
Other Liab2.5B5.5B4.2B2.4B2.7B3.1B
Accounts Payable109.1B143.9B159.9B123.9B142.5B83.3B
Long Term Debt10.5B8.3B7.2B12.4B13.4B7.5B
Good Will696.8M707.2M706.2M691.3M702.3M507.5M
Short Term Investments13.4B19.2B13.6B26.7B10.1B13.5B
Inventory6.5B11.1B6.7B68.6B(1.7B)(1.7B)
Treasury Stock(2.2B)(3.1B)(3.2B)(3.3B)(3.0B)(2.8B)
Intangible Assets120.6M1.7B1.8B2.0B2.1B2.2B
Property Plant Equipment483.3M514.9M488.7M985.3M1.1B1.2B
Other Current Assets45.7B68.0B73.5B(66.7B)42.1B44.2B
Retained Earnings Total Equity10.8B11.7B12.2B13.1B15.1B8.6B
Net Tangible Assets9.1B10.1B10.4B7.6B8.8B9.1B
Long Term Debt Total11.0B10.5B8.3B7.2B8.3B8.0B
Capital Surpluse1.1B1.0B963.6M939.3M845.4M811.6M

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