Natwest Cash vs Total Current Assets Analysis
NWG Stock | USD 9.99 0.09 0.91% |
Natwest Group financial indicator trend analysis is infinitely more than just investigating Natwest Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natwest Group PLC is a good investment. Please check the relationship between Natwest Group Cash and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natwest Group PLC Cash account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Natwest Group's Cash and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Natwest Group PLC, assuming nothing else is changed. The correlation between historical values of Natwest Group's Cash 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 Cash of Natwest Group PLC 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 Cash i.e., Natwest Group's Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Natwest Group PLC, which is listed under current asset account on Natwest Group PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Natwest Group customers. The amounts must be unrestricted with restricted cash listed in a different Natwest Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Natwest Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natwest Group PLC 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 Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Natwest Group's Selling General Administrative is most likely to decrease significantly in the upcoming years. The Natwest Group's current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to roughly 898.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 7.8B | 7.3B | 8.0B | 9.5B | Income Tax Expense | 996M | 1.3B | 1.4B | 855.7M |
Natwest Group fundamental ratios Correlations
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Natwest Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natwest Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 723.0B | 799.5B | 782.0B | 720.1B | 692.7B | 657.9B | |
Short Long Term Debt Total | 99.3B | 80.1B | 110.5B | 104.8B | 127.3B | 84.2B | |
Total Stockholder Equity | 43.5B | 43.9B | 41.8B | 36.5B | 33.3B | 32.7B | |
Property Plant And Equipment Net | 4.9B | 4.4B | 4.2B | 4.2B | 4.2B | 7.2B | |
Net Debt | (67.9B) | (114.5B) | (169.3B) | (138.6B) | (104.5B) | (99.3B) | |
Cash | 77.9B | 124.5B | 177.8B | 144.8B | 114.3B | 120.0B | |
Non Current Assets Total | 299.8B | 301.7B | 222.4B | 16.3B | 712.3B | 747.9B | |
Non Currrent Assets Other | (1.0B) | (901M) | (1.2B) | (173.3B) | (145.7B) | (153.0B) | |
Other Assets | 345.1B | 373.1B | 381.6B | 558.9B | (133.9B) | (127.2B) | |
Cash And Short Term Investments | 77.9B | 124.5B | 177.8B | 145.1B | 114.3B | 120.0B | |
Common Stock Shares Outstanding | 11.2B | 11.2B | 10.1B | 9.9B | 9.2B | 9.7B | |
Liabilities And Stockholders Equity | 723.0B | 799.5B | 782.0B | 720.1B | 692.7B | 657.9B | |
Non Current Liabilities Total | 10.0B | 10.0B | 8.4B | 233.2B | 617.9B | 542.3B | |
Total Liab | 10.0B | 10.0B | 8.4B | 683.6B | 655.5B | 556.8B | |
Total Current Assets | 78.1B | 124.7B | 178.0B | 144.8B | 114.3B | 120.0B | |
Retained Earnings | 13.9B | 12.6B | 13.0B | 10.0B | 21.5B | 12.9B | |
Other Stockholder Equity | 11.4B | 16.5B | 15.1B | 15.7B | (503M) | (477.9M) | |
Intangible Assets | 1.0B | 1.0B | 1.2B | 1.6B | 1.9B | 1.8B | |
Common Stock | 16.2B | 12.1B | 11.5B | 10.5B | 10.8B | 10.9B | |
Short Term Investments | 1.0B | (54.1B) | 67M | 229M | (133.1B) | (126.4B) | |
Net Receivables | 275M | 216M | 248M | 327M | 292M | 437.6M | |
Long Term Debt | 44.4B | 44.1B | 42.5B | 45.7B | 52.5B | 45.7B | |
Long Term Debt Total | 46.0B | 45.6B | 42.7B | 45.8B | 52.7B | 46.2B | |
Capital Surpluse | 5.1B | 5.2B | 6.1B | 5.1B | 4.5B | 9.0B | |
Treasury Stock | (21M) | (42M) | (24M) | (371M) | (333.9M) | (317.2M) | |
Property Plant Equipment | 4.9B | 4.4B | 4.2B | 4.2B | 4.9B | 4.8B | |
Earning Assets | 266.6B | 286.3B | 289.3B | 211.4B | 190.3B | 238.0B | |
Other Current Liab | 196.8B | 215.1B | 155.6B | (61.0B) | (734M) | (697.3M) | |
Total Current Liabilities | 254.5B | 255.6B | 225.8B | 450.3B | 182.5B | 325.1B | |
Other Liab | 24.0B | 30.6B | 25.7B | 12.6B | 11.3B | 20.1B | |
Net Tangible Assets | 36.9B | 37.2B | 35.1B | 29.4B | 26.4B | 29.9B | |
Accounts Payable | 4.1B | 5.5B | 2.1B | 2.0B | 6.6B | 6.3B | |
Other Current Assets | 309.8B | 363.2B | 355.2B | 300.4B | 238.0B | 224.5B | |
Long Term Investments | 284.4B | 291.1B | 178.0B | 138.1B | 133.9B | 180.2B | |
Net Invested Capital | 100.7B | 101.3B | 98.9B | 90.7B | 96.6B | 100.6B | |
Capital Stock | 16.2B | 17.1B | 15.4B | 14.4B | 10.8B | 12.0B |
Currently Active Assets on Macroaxis
When determining whether Natwest Group PLC is a strong investment it is important to analyze Natwest Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Natwest Group's future performance. For an informed investment choice regarding Natwest Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified 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 Natwest Group. If investors know Natwest 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 Natwest Group 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 0.429 | Dividend Share 0.235 | Earnings Share 1.17 | Revenue Per Share 3.252 | Quarterly Revenue Growth 0.074 |
The market value of Natwest Group PLC is measured differently than its book value, which is the value of Natwest that is recorded on the company's balance sheet. Investors also form their own opinion of Natwest Group's value that differs from its market value or its book value, called intrinsic value, which is Natwest Group's 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 Natwest Group's market value can be influenced by many factors that don't directly affect Natwest Group's 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 Natwest Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natwest Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natwest Group'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.