Northern Total Assets vs Short Long Term Debt Analysis

NTRS Stock  USD 108.94  1.06  0.98%   
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 Total Assets and its Short Long Term Debt 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Trust Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Northern Trust's Total Assets and Short Long Term Debt is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt 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 Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Northern Trust are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Northern Trust's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Northern Trust assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northern Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Northern Stock Analysis

When running Northern Trust's price analysis, check to measure Northern Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.