Northland Power Stock Cash Flow From Operations
| NPI Stock | CAD 22.78 0.06 0.26% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Northland Power's long-term financial health and intrinsic value.
Northland | Cash Flow From Operations |
Northland Power Company Cash Flow From Operations Analysis
Northland Power's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Northland Power Cash Flow From Operations | 1.03 B |
Most of Northland Power's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northland Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northland Cash Flow From Operations Driver Correlations
Understanding the fundamental principles of building solid financial models for Northland Power is extremely important. It helps to project a fair market value of Northland Stock properly, considering its historical fundamentals such as Cash Flow From Operations. Since Northland Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northland Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northland Power's interrelated accounts and indicators.
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Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, Northland Power has 1.03 B in Cash Flow From Operations. This is 255.09% higher than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The cash flow from operations for all Canada stocks is 5.95% lower than that of the firm.
Northland Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northland Power's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northland Power could also be used in its relative valuation, which is a method of valuing Northland Power by comparing valuation metrics of similar companies.Northland Power is currently under evaluation in cash flow from operations category among its peers.
Northland Fundamentals
| Return On Equity | 0.0709 | ||||
| Return On Asset | 0.0325 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 12.58 B | ||||
| Shares Outstanding | 261.5 M | ||||
| Shares Owned By Insiders | 0.09 % | ||||
| Shares Owned By Institutions | 46.10 % | ||||
| Number Of Shares Shorted | 6.36 M | ||||
| Price To Earning | 22.66 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 2.65 X | ||||
| Revenue | 2.36 B | ||||
| Gross Profit | 1.59 B | ||||
| EBITDA | 1.4 B | ||||
| Net Income | 371.39 M | ||||
| Cash And Equivalents | 613.32 M | ||||
| Cash Per Share | 2.03 X | ||||
| Total Debt | 878.6 M | ||||
| Debt To Equity | 4.12 % | ||||
| Current Ratio | 0.82 X | ||||
| Book Value Per Share | 16.14 X | ||||
| Cash Flow From Operations | 1.03 B | ||||
| Short Ratio | 8.96 X | ||||
| Earnings Per Share | 0.99 X | ||||
| Price To Earnings To Growth | 3.20 X | ||||
| Target Price | 27.11 | ||||
| Beta | 0.54 | ||||
| Market Capitalization | 5.97 B | ||||
| Total Asset | 13.6 B | ||||
| Retained Earnings | (1.2 B) | ||||
| Working Capital | 60.97 M | ||||
| Current Asset | 593.29 M | ||||
| Current Liabilities | 416.34 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.66 % | ||||
| Net Asset | 13.6 B | ||||
| Last Dividend Paid | 1.2 |
About Northland Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northland Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northland Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northland Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Northland Power
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 Northland Power 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 Northland Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Northland Stock
| 0.93 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.95 | AMZN | Amazon CDR Earnings Call Tomorrow | PairCorr |
| 0.95 | AMZN | Amazon CDR | PairCorr |
Moving against Northland Stock
The ability to find closely correlated positions to Northland Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northland Power 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 Northland Power - 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 Northland Power to buy it.
The correlation of Northland Power 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 Northland Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northland Power 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 Northland Power 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.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.