Northwest Common Stock vs Total Current Assets Analysis
NWBI Stock | USD 14.93 0.30 2.05% |
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 Common Stock and its Total Current Assets 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.
Common Stock vs Total Current Assets
Common Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Bancshares Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Northwest Bancshares' Common Stock and Total Current Assets is -0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets 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' Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Northwest Bancshares are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Northwest Bancshares' Common Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Expense | 27.2M | 28.1M | 152.2M | 78.4M | Depreciation And Amortization | 17.7M | 15.9M | 24.5M | 25.7M |
Northwest Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
Northwest Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northwest Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.5B | 13.8B | 14.5B | 14.1B | 14.4B | 8.1B | |
Short Long Term Debt Total | 368.1M | 411.8M | 391.7M | 900.2M | 642.7M | 621.5M | |
Other Current Liab | (93.9M) | (139.7M) | (140.9M) | (660.3M) | (412.6M) | (391.9M) | |
Total Current Liabilities | 93.9M | 139.7M | 140.9M | 660.3M | 7.4B | 7.7B | |
Total Stockholder Equity | 1.4B | 1.5B | 1.6B | 1.5B | 1.6B | 924.2M | |
Property Plant And Equipment Net | 147.4M | 161.5M | 156.5M | 145.9M | 200.6M | 116.7M | |
Net Debt | 307.3M | (324.4M) | (887.5M) | 760.9M | 520.4M | 299.4M | |
Retained Earnings | 583.4M | 555.5M | 609.5M | 641.7M | 674.7M | 450.4M | |
Accounts Payable | 1.1M | 2.1M | 1.8M | 3.2M | 13.7M | 14.4M | |
Cash | 60.8M | 736.3M | 1.3B | 139.4M | 122.3M | 116.1M | |
Non Current Assets Total | 1.4B | 2.1B | 2.9B | 2.6B | 2.4B | 1.5B | |
Non Currrent Assets Other | (1.4B) | (2.1B) | (2.9B) | (2.6B) | (2.4B) | (2.3B) | |
Other Assets | 8.2B | 9.5B | 8.8B | 10.1B | 10.6B | 5.7B | |
Cash And Short Term Investments | 880.7M | 2.1B | 2.8B | 1.4B | 1.2B | 802.7M | |
Net Receivables | 25.8M | 35.6M | 25.6M | 35.5M | 47.4M | 25.0M | |
Common Stock Shares Outstanding | 105.8M | 120.2M | 127.0M | 126.7M | 127.0M | 118.6M | |
Liabilities And Stockholders Equity | 10.5B | 13.8B | 14.5B | 14.1B | 14.4B | 8.1B | |
Non Current Liabilities Total | 275.4M | 274.2M | 252.6M | 243.2M | 12.9B | 13.5B | |
Other Stockholder Equity | 805.8M | 1.0B | 1.0B | 1.0B | 1.0B | 1.1B | |
Total Liab | 9.1B | 12.3B | 12.9B | 12.6B | 12.9B | 7.1B | |
Property Plant And Equipment Gross | 147.4M | 161.5M | 336.6M | 325.7M | 321.4M | 337.5M | |
Total Current Assets | 906.5M | 2.2B | 2.9B | 1.4B | 1.3B | 832.2M | |
Accumulated Other Comprehensive Income | (36.9M) | (33.5M) | (37.6M) | (171.2M) | (149.5M) | (142.0M) | |
Short Term Debt | 92.7M | 137.7M | 139.1M | 657.1M | 398.9M | 239.4M | |
Common Stock | 1.0M | 1.1M | 1.3M | 1.3M | 1.3M | 2.2M | |
Other Liab | 106.3M | 254.4M | 223.2M | 126.5M | 145.5M | 98.7M | |
Long Term Debt | 121.8M | 128.8M | 391.7M | 924.3M | 243.8M | 274.6M | |
Common Stock Total Equity | 1.0M | 1.1M | 1.3M | 1.3M | 1.1M | 2.1M | |
Short Term Investments | 819.9M | 1.4B | 1.5B | 1.2B | 1.0B | 646.3M | |
Inventory | (87.6M) | (774.1M) | (1.3B) | (175.3M) | (13.3B) | (12.7B) | |
Intangible Assets | 23.1M | 19.9M | 12.8M | 8.6M | 5.3M | 5.0M | |
Property Plant Equipment | 147.4M | 161.5M | 156.5M | 145.9M | 167.8M | 131.5M | |
Other Current Assets | 87.6M | 774.1M | 1.3B | 175.3M | 169.7M | 161.2M | |
Net Tangible Assets | 984.1M | 1.1B | 1.2B | 1.1B | 1.3B | 1.1B | |
Retained Earnings Total Equity | 583.4M | 555.5M | 609.5M | 641.7M | 738.0M | 601.6M | |
Long Term Debt Total | 121.8M | 128.8M | 252.6M | 243.2M | 279.6M | 147.0M | |
Capital Surpluse | 805.8M | 1.0B | 1.0B | 1.0B | 1.2B | 850.9M | |
Long Term Investments | 9.6B | 1.6B | 2.3B | 2.1B | 1.9B | 1.9B | |
Non Current Liabilities Other | 179.3M | 254.4M | 223.2M | 229.7M | 264.2M | 169.0M |
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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 0.77 | 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.