Natwest Other Assets vs Non Current Assets Total Analysis

NWG Stock  USD 9.90  0.31  3.04%   
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 Other Assets and its Non Current Assets Total 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.

Other Assets vs Non Current Assets Total

Other Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natwest Group PLC Other Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Natwest Group's Other Assets and Non Current Assets Total is -0.12. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total 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 Other Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Natwest Group PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Natwest Group's Other Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Expenses7.8B7.3B8.0B9.5B
Income Tax Expense996M1.3B1.4B855.7M

Natwest Group fundamental ratios Correlations

0.750.960.920.50.190.63-0.830.690.190.080.770.760.20.040.560.010.310.220.19-0.11-0.14-0.150.310.13-0.05
0.750.580.750.150.430.64-0.460.30.430.410.40.440.430.480.00.180.38-0.120.06-0.040.380.37-0.08-0.320.23
0.960.580.830.50.140.52-0.80.750.140.030.760.740.15-0.080.62-0.120.390.310.1-0.23-0.3-0.30.320.29-0.11
0.920.750.830.580.080.76-0.830.490.080.010.790.770.080.150.430.190.230.030.40.14-0.09-0.10.330.080.11
0.50.150.50.58-0.720.38-0.820.4-0.72-0.720.770.69-0.72-0.20.70.59-0.170.30.810.59-0.42-0.450.780.57-0.03
0.190.430.140.08-0.720.060.250.061.00.8-0.24-0.151.00.34-0.41-0.520.43-0.21-0.67-0.650.330.34-0.66-0.62-0.03
0.630.640.520.760.380.06-0.57-0.120.050.10.660.580.060.220.110.10.17-0.50.250.070.280.260.2-0.110.34
-0.83-0.46-0.8-0.83-0.820.25-0.57-0.580.250.44-0.96-0.950.250.18-0.74-0.30.01-0.21-0.6-0.250.310.36-0.67-0.220.14
0.690.30.750.490.40.06-0.12-0.580.06-0.110.420.470.07-0.220.67-0.010.180.790.12-0.11-0.51-0.50.310.35-0.38
0.190.430.140.08-0.721.00.050.250.060.79-0.24-0.151.00.34-0.41-0.530.43-0.21-0.68-0.650.320.33-0.66-0.62-0.04
0.080.410.030.01-0.720.80.10.44-0.110.79-0.44-0.380.790.38-0.56-0.550.55-0.28-0.78-0.670.540.61-0.74-0.410.23
0.770.40.760.790.77-0.240.66-0.960.42-0.24-0.440.97-0.24-0.140.660.190.010.010.550.17-0.27-0.330.590.21-0.07
0.760.440.740.770.69-0.150.58-0.950.47-0.15-0.380.97-0.15-0.120.620.160.010.020.510.12-0.21-0.270.530.08-0.1
0.20.430.150.08-0.721.00.060.250.071.00.79-0.24-0.150.34-0.4-0.530.43-0.2-0.68-0.650.320.33-0.66-0.61-0.04
0.040.48-0.080.15-0.20.340.220.18-0.220.340.38-0.14-0.120.34-0.690.190.34-0.4-0.160.030.350.37-0.67-0.170.64
0.560.00.620.430.7-0.410.11-0.740.67-0.41-0.560.660.62-0.4-0.690.1-0.290.620.480.2-0.54-0.570.870.41-0.46
0.010.18-0.120.190.59-0.520.1-0.3-0.01-0.53-0.550.190.16-0.530.190.1-0.260.140.780.84-0.1-0.130.430.110.07
0.310.380.390.23-0.170.430.170.010.180.430.550.010.010.430.34-0.29-0.26-0.12-0.53-0.630.110.15-0.50.10.03
0.22-0.120.310.030.3-0.21-0.5-0.210.79-0.21-0.280.010.02-0.2-0.40.620.14-0.120.170.12-0.67-0.640.40.46-0.42
0.190.060.10.40.81-0.670.25-0.60.12-0.68-0.780.550.51-0.68-0.160.480.78-0.530.170.87-0.34-0.390.740.19-0.03
-0.11-0.04-0.230.140.59-0.650.07-0.25-0.11-0.65-0.670.170.12-0.650.030.20.84-0.630.120.87-0.15-0.170.550.140.11
-0.140.38-0.3-0.09-0.420.330.280.31-0.510.320.54-0.27-0.210.320.35-0.54-0.10.11-0.67-0.34-0.150.99-0.39-0.550.37
-0.150.37-0.3-0.1-0.450.340.260.36-0.50.330.61-0.33-0.270.330.37-0.57-0.130.15-0.64-0.39-0.170.99-0.43-0.510.39
0.31-0.080.320.330.78-0.660.2-0.670.31-0.66-0.740.590.53-0.66-0.670.870.43-0.50.40.740.55-0.39-0.430.31-0.35
0.13-0.320.290.080.57-0.62-0.11-0.220.35-0.62-0.410.210.08-0.61-0.170.410.110.10.460.190.14-0.55-0.510.310.01
-0.050.23-0.110.11-0.03-0.030.340.14-0.38-0.040.23-0.07-0.1-0.040.64-0.460.070.03-0.42-0.030.110.370.39-0.350.01
Click cells to compare fundamentals

Natwest Group Account Relationship Matchups

Natwest Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets723.0B799.5B782.0B720.1B692.7B657.9B
Short Long Term Debt Total99.3B80.1B110.5B104.8B127.3B84.2B
Total Stockholder Equity43.5B43.9B41.8B36.5B33.3B32.7B
Property Plant And Equipment Net4.9B4.4B4.2B4.2B4.2B7.2B
Net Debt(67.9B)(114.5B)(169.3B)(138.6B)(104.5B)(99.3B)
Cash77.9B124.5B177.8B144.8B114.3B120.0B
Non Current Assets Total299.8B301.7B222.4B16.3B712.3B747.9B
Non Currrent Assets Other(1.0B)(901M)(1.2B)(173.3B)(145.7B)(153.0B)
Other Assets345.1B373.1B381.6B558.9B(133.9B)(127.2B)
Cash And Short Term Investments77.9B124.5B177.8B145.1B114.3B120.0B
Common Stock Shares Outstanding11.2B11.2B10.1B9.9B9.2B9.7B
Liabilities And Stockholders Equity723.0B799.5B782.0B720.1B692.7B657.9B
Non Current Liabilities Total10.0B10.0B8.4B233.2B617.9B542.3B
Total Liab10.0B10.0B8.4B683.6B655.5B556.8B
Total Current Assets78.1B124.7B178.0B144.8B114.3B120.0B
Retained Earnings13.9B12.6B13.0B10.0B21.5B12.9B
Other Stockholder Equity11.4B16.5B15.1B15.7B(503M)(477.9M)
Intangible Assets1.0B1.0B1.2B1.6B1.9B1.8B
Common Stock16.2B12.1B11.5B10.5B10.8B10.9B
Short Term Investments1.0B(54.1B)67M229M(133.1B)(126.4B)
Net Receivables275M216M248M327M292M437.6M
Long Term Debt44.4B44.1B42.5B45.7B52.5B45.7B
Long Term Debt Total46.0B45.6B42.7B45.8B52.7B46.2B
Capital Surpluse5.1B5.2B6.1B5.1B4.5B9.0B
Treasury Stock(21M)(42M)(24M)(371M)(333.9M)(317.2M)
Property Plant Equipment4.9B4.4B4.2B4.2B4.9B4.8B
Earning Assets266.6B286.3B289.3B211.4B190.3B238.0B
Other Current Liab196.8B215.1B155.6B(61.0B)(734M)(697.3M)
Total Current Liabilities254.5B255.6B225.8B450.3B182.5B325.1B
Other Liab24.0B30.6B25.7B12.6B11.3B20.1B
Net Tangible Assets36.9B37.2B35.1B29.4B26.4B29.9B
Accounts Payable4.1B5.5B2.1B2.0B6.6B6.3B
Other Current Assets309.8B363.2B355.2B300.4B238.0B224.5B
Long Term Investments284.4B291.1B178.0B138.1B133.9B180.2B
Net Invested Capital100.7B101.3B98.9B90.7B96.6B100.6B
Capital Stock16.2B17.1B15.4B14.4B10.8B12.0B

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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
1.18
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.