North Historical Balance Sheet

NWC Stock  CAD 51.98  1.04  1.96%   
Trend analysis of North West balance sheet accounts such as Total Current Liabilities of 169.7 M provides information on North West's total assets, liabilities, and equity, which is the actual value of North West to its prevalent stockholders. By breaking down trends over time using North West balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining North West latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether North West is a good buy for the upcoming year.

North West Inventory

193.15 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North West. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About North Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of North West at a specified time, usually calculated after every quarter, six months, or one year. North West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which North currently owns. An asset can also be divided into two categories, current and non-current.

North West Balance Sheet Chart

At this time, North West's Property Plant And Equipment Gross is very stable compared to the past year. As of the 26th of November 2024, Accumulated Other Comprehensive Income is likely to grow to about 34.5 M, while Total Assets are likely to drop about 731.3 M.

Total Assets

Total assets refers to the total amount of North West 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 North West 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.

Total Current Liabilities

Total Current Liabilities is an item on North West balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of North West are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from North West's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into North West current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 North West. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, North West's Property Plant And Equipment Gross is very stable compared to the past year. As of the 26th of November 2024, Accumulated Other Comprehensive Income is likely to grow to about 34.5 M, while Total Assets are likely to drop about 731.3 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total349.7M402.5M405.5M248.1M
Total Assets1.2B1.3B1.4B731.3M

North West balance sheet Correlations

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0.730.530.270.640.930.530.990.70.620.930.540.620.750.50.510.730.48-0.480.620.950.75-0.180.170.830.9
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0.780.530.690.870.620.610.460.590.840.640.811.00.67-0.090.50.710.36-0.680.70.50.8-0.08-0.350.410.36
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0.540.270.840.790.540.50.240.540.590.810.530.810.410.10.210.38-0.15-0.730.450.50.48-0.01-0.610.220.33
0.780.530.690.870.620.610.460.590.841.00.640.810.67-0.090.50.710.36-0.680.70.50.8-0.08-0.350.410.36
0.960.840.310.670.750.830.850.720.880.670.840.410.67-0.040.870.950.73-0.630.920.710.96-0.190.160.680.56
-0.060.070.03-0.010.50.490.080.5-0.13-0.090.470.1-0.09-0.04-0.01-0.14-0.05-0.01-0.010.46-0.11-0.060.070.360.76
0.870.950.280.480.510.720.960.460.760.50.740.210.50.87-0.010.80.69-0.590.950.420.80.00.090.470.46
0.950.750.220.690.730.750.730.70.940.710.770.380.710.95-0.140.80.74-0.550.870.660.99-0.060.230.650.49
0.660.7-0.10.340.480.560.660.450.590.360.56-0.150.360.73-0.050.690.74-0.130.660.390.72-0.350.420.630.41
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0.650.450.210.560.950.880.460.980.60.50.860.50.50.710.460.420.660.39-0.480.530.67-0.280.20.810.86
0.970.770.340.760.750.790.750.720.960.80.810.480.80.96-0.110.80.990.72-0.620.90.67-0.110.120.650.51
-0.06-0.14-0.03-0.07-0.18-0.18-0.09-0.220.03-0.08-0.13-0.01-0.08-0.19-0.060.0-0.06-0.350.1-0.03-0.28-0.11-0.1-0.19-0.16
-0.03-0.03-0.82-0.40.170.060.00.15-0.05-0.350.05-0.61-0.350.160.070.090.230.420.38-0.070.20.12-0.10.230.17
0.610.480.030.420.830.790.490.850.520.410.760.220.410.680.360.470.650.63-0.120.510.810.65-0.190.230.8
0.530.520.140.40.90.90.520.90.440.360.880.330.360.560.760.460.490.41-0.320.50.860.51-0.160.170.8
Click cells to compare fundamentals

North West Account Relationship Matchups

North West balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.2B1.3B1.4B731.3M
Short Long Term Debt Total550.1M402.0M349.7M402.5M405.5M248.1M
Other Current Liab32.1M117.4M80.8M27.9M2.7M2.6M
Total Current Liabilities194.1M315.1M294.5M248.6M250.7M169.7M
Total Stockholder Equity413.9M491.3M563.6M629.2M684.7M718.9M
Property Plant And Equipment Net682.9M639.6M655.3M708.9M759.2M797.1M
Net Debt521.9M330.5M300.3M343.7M352.1M216.7M
Retained Earnings211.3M282.1M355.7M407.2M464.6M487.8M
Accounts Payable173.1M205.2M221.3M225.5M228.3M121.5M
Cash28.2M71.5M49.4M58.8M53.4M27.3M
Non Current Assets Total815.9M794.3M815.9M862.0M893.1M937.8M
Non Currrent Assets Other1.3M50.6M41.8M34.1M15.3M16.3M
Cash And Short Term Investments28.2M71.5M49.4M58.8M53.4M27.3M
Net Receivables111.0M91.4M99.2M113.8M121.6M80.1M
Common Stock Shares Outstanding49.4M49.5M49.0M48.6M48.4M53.0M
Liabilities And Stockholders Equity1.2B1.2B1.2B1.3B1.4B730.4M
Non Current Liabilities Total594.5M370.8M344.6M440.4M439.6M227.0M
Inventory248.0M227.0M248.0M293.8M313.4M193.1M
Other Current Assets12.4M6.9M6.7M8.4M14.5M7.6M
Other Stockholder Equity(384.9M)(456.3M)(528.8M)(583.3M)8.9M8.5M
Total Liab788.6M685.9M639.1M689.0M690.2M396.7M
Property Plant And Equipment Gross682.9M639.6M1.5B1.6B1.7B1.8B
Total Current Assets399.6M396.9M403.4M474.8M502.9M308.1M
Accumulated Other Comprehensive Income20.3M21.6M22.4M32.9M32.8M34.5M
Short Term Debt21.0M106.8M64.3M18.9M19.7M18.7M
Current Deferred Revenue(32.1M)(114.3M)(71.9M)(23.7M)(21.3M)(22.4M)
Good Will49.6M48.3M48.5M50.4M50.5M41.3M
Intangible Assets41.6M36.2M34.1M30.7M29.8M30.8M
Other Liab57.9M65.4M75.6M59.2M68.1M63.7M
Net Tangible Assets314.0M322.7M406.9M481.0M553.2M359.7M
Other Assets29.6M57.9M63.6M29.5M33.9M41.8M
Long Term Debt409.1M191.0M189.4M289.8M281.3M279.5M
Long Term Investments12.3M12.5M14.5M16.2M16.9M13.0M
Short Long Term Debt1.9M90.5M46.3M268K241.2K229.1K
Property Plant Equipment682.9M639.6M655.3M708.9M815.3M561.2M
Long Term Debt Total529.0M295.2M285.4M383.6M441.2M377.5M
Non Current Liabilities Other16.6M24.7M23.0M24.2M21.7M24.0M

Pair Trading with North West

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if North West position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in North West will appreciate offsetting losses from the drop in the long position's value.

Moving together with North Stock

  0.78AMZN Amazon CDRPairCorr
The ability to find closely correlated positions to North West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North West when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back North West - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling North West to buy it.
The correlation of North West is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as North West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North West moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for North West can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in North Stock

Balance Sheet is a snapshot of the financial position of North West at a specified time, usually calculated after every quarter, six months, or one year. North West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which North currently owns. An asset can also be divided into two categories, current and non-current.