Northwest Capital Expenditures vs Depreciation Analysis

NWBI Stock  USD 14.84  0.19  1.26%   
Northwest Bancshares financial indicator trend analysis is infinitely more than just investigating Northwest Bancshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Bancshares is a good investment. Please check the relationship between Northwest Bancshares Capital Expenditures and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Bancshares Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Northwest Bancshares' Capital Expenditures and Depreciation is 0.09. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Northwest Bancshares, assuming nothing else is changed. The correlation between historical values of Northwest Bancshares' Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Northwest Bancshares are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Northwest Bancshares' Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Northwest Bancshares to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Northwest Bancshares operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Northwest Bancshares value has been used up. For tax purposes Northwest Bancshares can deduct the cost of the tangible assets it purchases as business expenses. However, Northwest Bancshares must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Northwest Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Bancshares 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 Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.As of now, Northwest Bancshares' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Northwest Bancshares' current Enterprise Value Multiple is estimated to increase to 18.57, while Selling General Administrative is projected to decrease to under 121.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense27.2M28.1M152.2M78.4M
Depreciation And Amortization17.7M15.9M24.5M25.7M

Northwest Bancshares fundamental ratios Correlations

0.04-0.540.20.950.81-0.210.850.140.370.280.060.490.470.860.70.150.881.00.730.470.13-0.580.820.49-0.59
0.04-0.160.030.180.280.670.37-0.010.040.050.0-0.050.160.12-0.290.090.080.030.150.160.54-0.44-0.190.14-0.45
-0.54-0.16-0.54-0.39-0.31-0.31-0.42-0.530.28-0.55-0.43-0.010.21-0.61-0.64-0.47-0.64-0.55-0.760.21-0.150.1-0.2-0.80.12
0.20.03-0.540.070.190.150.150.98-0.260.990.99-0.69-0.550.50.50.990.490.210.63-0.560.050.130.060.150.1
0.950.18-0.390.070.91-0.120.95-0.040.380.14-0.060.560.540.790.460.040.820.940.610.550.2-0.790.730.31-0.8
0.810.28-0.310.190.910.080.90.030.20.240.10.340.340.740.220.180.730.790.520.340.16-0.880.520.07-0.89
-0.210.67-0.310.15-0.120.080.080.12-0.710.090.17-0.23-0.50.03-0.40.17-0.14-0.22-0.09-0.490.25-0.17-0.590.07-0.18
0.850.37-0.420.150.950.90.080.020.270.220.040.410.430.770.340.140.770.830.610.430.38-0.850.530.3-0.86
0.14-0.01-0.530.98-0.040.030.120.02-0.260.970.97-0.73-0.580.450.560.970.40.160.59-0.580.030.30.050.210.28
0.370.040.28-0.260.380.2-0.710.27-0.26-0.17-0.330.340.870.080.24-0.250.240.370.220.870.14-0.220.640.03-0.21
0.280.05-0.550.990.140.240.090.220.97-0.170.97-0.64-0.460.550.560.990.560.290.7-0.470.080.080.150.190.05
0.060.0-0.430.99-0.060.10.170.040.97-0.330.97-0.78-0.640.40.390.990.360.080.5-0.650.010.2-0.050.020.17
0.49-0.05-0.01-0.690.560.34-0.230.41-0.730.34-0.64-0.780.720.10.06-0.740.270.470.00.72-0.04-0.50.470.27-0.48
0.470.160.21-0.550.540.34-0.50.43-0.580.87-0.46-0.640.720.090.1-0.550.260.450.131.00.16-0.470.630.13-0.46
0.860.12-0.610.50.790.740.030.770.450.080.550.40.10.090.690.470.810.860.680.090.33-0.450.620.4-0.47
0.7-0.29-0.640.50.460.22-0.40.340.560.240.560.390.060.10.690.440.70.720.770.090.040.130.680.670.11
0.150.09-0.470.990.040.180.170.140.97-0.250.990.99-0.74-0.550.470.440.450.170.59-0.550.080.110.030.080.09
0.880.08-0.640.490.820.73-0.140.770.40.240.560.360.270.260.810.70.450.880.860.260.12-0.530.710.45-0.54
1.00.03-0.550.210.940.79-0.220.830.160.370.290.080.470.450.860.720.170.880.740.460.12-0.550.820.51-0.57
0.730.15-0.760.630.610.52-0.090.610.590.220.70.50.00.130.680.770.590.860.740.130.18-0.280.50.66-0.29
0.470.160.21-0.560.550.34-0.490.43-0.580.87-0.47-0.650.721.00.090.09-0.550.260.460.130.16-0.480.630.14-0.46
0.130.54-0.150.050.20.160.250.380.030.140.080.01-0.040.160.330.040.080.120.120.180.16-0.29-0.070.3-0.3
-0.58-0.440.10.13-0.79-0.88-0.17-0.850.3-0.220.080.2-0.5-0.47-0.450.130.11-0.53-0.55-0.28-0.48-0.29-0.310.041.0
0.82-0.19-0.20.060.730.52-0.590.530.050.640.15-0.050.470.630.620.680.030.710.820.50.63-0.07-0.310.25-0.32
0.490.14-0.80.150.310.070.070.30.210.030.190.020.270.130.40.670.080.450.510.660.140.30.040.250.04
-0.59-0.450.120.1-0.8-0.89-0.18-0.860.28-0.210.050.17-0.48-0.46-0.470.110.09-0.54-0.57-0.29-0.46-0.31.0-0.320.04
Click cells to compare fundamentals

Northwest Bancshares Account Relationship Matchups

Northwest Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B13.8B14.5B14.1B14.4B8.1B
Short Long Term Debt Total368.1M411.8M391.7M900.2M642.7M621.5M
Other Current Liab(93.9M)(139.7M)(140.9M)(660.3M)(412.6M)(391.9M)
Total Current Liabilities93.9M139.7M140.9M660.3M7.4B7.7B
Total Stockholder Equity1.4B1.5B1.6B1.5B1.6B924.2M
Property Plant And Equipment Net147.4M161.5M156.5M145.9M200.6M116.7M
Net Debt307.3M(324.4M)(887.5M)760.9M520.4M299.4M
Retained Earnings583.4M555.5M609.5M641.7M674.7M450.4M
Accounts Payable1.1M2.1M1.8M3.2M13.7M14.4M
Cash60.8M736.3M1.3B139.4M122.3M116.1M
Non Current Assets Total1.4B2.1B2.9B2.6B14.2B15.0B
Non Currrent Assets Other(1.4B)(2.1B)(2.9B)(2.6B)11.8B12.4B
Other Assets8.2B9.5B8.8B10.1B47.5M45.1M
Cash And Short Term Investments880.7M2.1B2.8B1.4B122.3M116.1M
Net Receivables25.8M35.6M25.6M35.5M47.4M25.0M
Common Stock Shares Outstanding105.8M120.2M127.0M126.7M127.0M118.6M
Liabilities And Stockholders Equity10.5B13.8B14.5B14.1B14.4B8.1B
Non Current Liabilities Total275.4M274.2M252.6M243.2M12.9B13.5B
Other Stockholder Equity805.8M1.0B1.0B1.0B1.0B1.1B
Total Liab9.1B12.3B12.9B12.6B12.9B7.1B
Property Plant And Equipment Gross147.4M161.5M336.6M325.7M321.4M337.5M
Total Current Assets906.5M2.2B2.9B1.4B122.3M116.1M
Accumulated Other Comprehensive Income(36.9M)(33.5M)(37.6M)(171.2M)(149.5M)(142.0M)
Short Term Debt92.7M137.7M139.1M657.1M398.9M239.4M
Common Stock1.0M1.1M1.3M1.3M1.3M2.2M
Other Liab106.3M254.4M223.2M126.5M145.5M98.7M
Long Term Debt121.8M128.8M391.7M924.3M243.8M274.6M
Common Stock Total Equity1.0M1.1M1.3M1.3M1.1M2.1M
Short Term Investments819.9M1.4B1.5B1.2B1.0B646.3M
Inventory(87.6M)(774.1M)(1.3B)(175.3M)(13.3B)(12.7B)
Intangible Assets23.1M19.9M12.8M8.6M5.3M5.0M
Property Plant Equipment147.4M161.5M156.5M145.9M167.8M131.5M
Other Current Assets87.6M774.1M1.3B175.3M169.7M161.2M
Net Tangible Assets984.1M1.1B1.2B1.1B1.3B1.1B
Retained Earnings Total Equity583.4M555.5M609.5M641.7M738.0M601.6M
Long Term Debt Total121.8M128.8M252.6M243.2M279.6M147.0M
Capital Surpluse805.8M1.0B1.0B1.0B1.2B850.9M
Long Term Investments9.6B1.6B2.3B2.1B1.9B1.9B
Non Current Liabilities Other179.3M254.4M223.2M229.7M264.2M169.0M

Currently Active Assets on Macroaxis

When determining whether Northwest Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northwest Bancshares' 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 Northwest Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northwest Bancshares Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northwest Bancshares. If investors know Northwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northwest Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
0.8
Earnings Share
0.76
Revenue Per Share
3.843
Quarterly Revenue Growth
(0.03)
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.