Northland Power Stock Today

NPI Stock  CAD 19.86  0.14  0.70%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
Northland Power is selling at 19.86 as of the 21st of November 2024; that is 0.7% down since the beginning of the trading day. The stock's open price was 20.0. Northland Power has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Northland Power are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Utilities
Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects primarily in Canada and Europe. The company was founded in 1987 and is headquartered in Toronto, Canada. NORTHLAND POWER operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange.. The company has 258.95 M outstanding shares of which 2.46 M shares are now shorted by private and institutional investors with about 2.7 days to cover all short positions. More on Northland Power

Moving against Northland Stock

  0.69JPM JPMorgan ChasePairCorr
  0.4TSLA Tesla Inc CDRPairCorr
  0.32GOOG Alphabet CDRPairCorr

Northland Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northland Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northland Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NonIndependent ChairmanJohn Eng
Business ConcentrationIndependent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors)
Northland Power's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Northland Power's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Northland Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northland Power's financial leverage. It provides some insight into what part of Northland Power's total assets is financed by creditors.
Liquidity
Northland Power cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Northland Power has accumulated 7.2 B in total debt with debt to equity ratio (D/E) of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northland Power has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northland Power until it has trouble settling it off, either with new capital or with free cash flow. So, Northland Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northland Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northland to invest in growth at high rates of return. When we think about Northland Power's use of debt, we should always consider it together with cash and equity.

Dividends Paid

119.91 Million
Northland Power (NPI) is traded on Toronto Exchange in Canada and employs 32 people. Northland Power is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northland Power's market, we take the total number of its shares issued and multiply it by Northland Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Northland Power operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 258.95 M outstanding shares of which 2.46 M shares are now shorted by private and institutional investors with about 2.7 days to cover all short positions. Northland Power has accumulated about 1.3 B in cash with 785.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.03.
Check Northland Power Probability Of Bankruptcy
Ownership Allocation
Northland Power maintains a total of 258.95 Million outstanding shares. 30% of Northland Power outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Northland Ownership Details

Northland Power Risk Profiles

Although Northland Power's alpha and beta are two of the key measurements used to evaluate Northland Power's performance over the market, the standard measures of volatility play an important role as well.

Northland Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northland Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Northland Power Corporate Directors

Barry GilmourIndependent DirectorProfile
Keith HalbertIndependent DirectorProfile
Linda BertoldiSecretary, Director, Member of Governance and Nominating Committee, Member of GemSee Special Committee and Secretary of NPIF Commercial TrustProfile
Russell GoodmanLead Independent DirectorProfile

Other Information on Investing in Northland Stock

Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.