National Accounts Payable vs Common Stock Shares Outstanding Analysis

NBHC Stock  USD 43.57  0.19  0.44%   
National Bank financial indicator trend analysis is infinitely more than just investigating National Bank Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bank Holdings is a good investment. Please check the relationship between National Bank Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Bank Holdings Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Bank's Accounts Payable and Common Stock Shares Outstanding is -0.41. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of National Bank Holdings, assuming nothing else is changed. The correlation between historical values of National Bank's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of National Bank Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., National Bank's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents National Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of National Bank Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from National Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bank Holdings 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 National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, National Bank's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.78, whereas Selling General Administrative is forecasted to decline to about 102.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit298.0M340.3M417.6M254.2M
Total Revenue298.0M340.3M417.6M256.4M

National Bank fundamental ratios Correlations

0.330.850.040.770.220.560.350.2-0.05-0.56-0.34-0.10.670.83-0.03-0.560.770.72-0.510.730.73-0.630.08-0.40.15
0.330.15-0.20.210.290.240.13-0.17-0.040.170.670.880.260.18-0.020.170.250.270.440.270.280.320.680.310.66
0.850.150.210.58-0.010.510.370.030.11-0.66-0.29-0.170.690.750.12-0.660.540.47-0.720.480.58-0.490.0-0.6-0.05
0.04-0.20.210.3-0.930.270.43-0.11-0.56-0.27-0.4-0.230.150.31-0.58-0.270.270.290.00.290.46-0.31-0.33-0.630.28
0.770.210.580.30.00.840.74-0.17-0.48-0.74-0.45-0.180.390.92-0.47-0.740.970.97-0.190.970.94-0.670.06-0.430.47
0.220.29-0.01-0.930.00.02-0.190.050.43-0.020.310.220.040.010.46-0.020.0-0.02-0.1-0.02-0.140.140.350.51-0.11
0.560.240.510.270.840.020.95-0.62-0.56-0.83-0.170.00.420.81-0.56-0.830.750.75-0.090.770.87-0.380.11-0.240.6
0.350.130.370.430.74-0.190.95-0.74-0.69-0.75-0.2-0.040.30.67-0.69-0.750.630.640.040.660.78-0.34-0.02-0.260.61
0.2-0.170.03-0.11-0.170.05-0.62-0.740.410.38-0.33-0.250.04-0.140.420.38-0.06-0.09-0.31-0.11-0.22-0.27-0.17-0.16-0.49
-0.05-0.040.11-0.56-0.480.43-0.56-0.690.410.220.310.06-0.03-0.251.00.22-0.45-0.5-0.45-0.51-0.570.40.20.04-0.62
-0.560.17-0.66-0.27-0.74-0.02-0.83-0.750.380.220.40.36-0.44-0.840.221.0-0.64-0.60.55-0.62-0.730.450.060.49-0.17
-0.340.67-0.29-0.4-0.450.31-0.17-0.2-0.330.310.40.91-0.1-0.370.30.4-0.43-0.410.49-0.41-0.340.90.670.590.35
-0.10.88-0.17-0.23-0.180.220.0-0.04-0.250.060.360.910.1-0.150.070.36-0.15-0.120.59-0.12-0.030.710.680.50.62
0.670.260.690.150.390.040.420.30.04-0.03-0.44-0.10.10.53-0.03-0.440.320.28-0.370.30.53-0.25-0.06-0.260.24
0.830.180.750.310.920.010.810.67-0.14-0.25-0.84-0.37-0.150.53-0.24-0.840.860.83-0.430.840.91-0.540.07-0.510.38
-0.03-0.020.12-0.58-0.470.46-0.56-0.690.421.00.220.30.07-0.03-0.240.22-0.43-0.49-0.45-0.49-0.560.370.20.04-0.61
-0.560.17-0.66-0.27-0.74-0.02-0.83-0.750.380.221.00.40.36-0.44-0.840.22-0.64-0.60.55-0.62-0.730.450.060.49-0.18
0.770.250.540.270.970.00.750.63-0.06-0.45-0.64-0.43-0.150.320.86-0.43-0.641.0-0.151.00.9-0.670.15-0.40.45
0.720.270.470.290.97-0.020.750.64-0.09-0.5-0.6-0.41-0.120.280.83-0.49-0.61.0-0.061.00.89-0.640.16-0.370.5
-0.510.44-0.720.0-0.19-0.1-0.090.04-0.31-0.450.550.490.59-0.37-0.43-0.450.55-0.15-0.06-0.07-0.120.450.290.560.61
0.730.270.480.290.97-0.020.770.66-0.11-0.51-0.62-0.41-0.120.30.84-0.49-0.621.01.0-0.070.9-0.640.15-0.370.51
0.730.280.580.460.94-0.140.870.78-0.22-0.57-0.73-0.34-0.030.530.91-0.56-0.730.90.89-0.120.9-0.550.07-0.420.63
-0.630.32-0.49-0.31-0.670.14-0.38-0.34-0.270.40.450.90.71-0.25-0.540.370.45-0.67-0.640.45-0.64-0.550.470.550.16
0.080.680.0-0.330.060.350.11-0.02-0.170.20.060.670.68-0.060.070.20.060.150.160.290.150.070.470.450.42
-0.40.31-0.6-0.63-0.430.51-0.24-0.26-0.160.040.490.590.5-0.26-0.510.040.49-0.4-0.370.56-0.37-0.420.550.450.19
0.150.66-0.050.280.47-0.110.60.61-0.49-0.62-0.170.350.620.240.38-0.61-0.180.450.50.610.510.630.160.420.19
Click cells to compare fundamentals

National Bank Account Relationship Matchups

National Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B6.7B7.2B9.6B10.0B6.4B
Total Stockholder Equity766.9M820.7M840.1M1.1B1.2B697.4M
Property Plant And Equipment Net112.2M107.0M96.7M136.1M191.8M111.0M
Net Debt97.5M(556.7M)(806.2M)243.4M203.4M213.5M
Retained Earnings164.1M223.2M289.9M330.7M433.1M454.8M
Cash110.2M605.6M845.7M195.5M190.8M361.7M
Non Current Assets Total1.1B1.3B1.6B1.9B9.8B10.2B
Non Currrent Assets Other(1.1B)(1.3B)(1.6B)(1.9B)7.9B8.3B
Other Assets4.1B4.1B4.1B6.7B5.6M5.3M
Cash And Short Term Investments748.4M1.3B1.5B901.8M190.8M181.3M
Common Stock Shares Outstanding31.5M31.1M31.1M32.7M38.1M31.4M
Liabilities And Stockholders Equity5.9B6.7B7.2B9.6B10.0B6.4B
Other Stockholder Equity600.3M587.2M556.7M849.2M855.6M601.5M
Total Liab207.7M5.8B39.5M8.5B8.7B4.6B
Property Plant And Equipment Gross112.2M107.0M180.3M237.3M267.6M281.0M
Total Current Assets748.4M1.3B1.5B901.8M190.8M181.3M
Other Current Liab3.9B4.7B5.2B6.6B7.2B7.6B
Total Current Liabilities4.1B4.7B5.2B6.6B7.3B7.6B
Other Liab74.3M140.1M83.5M99.9M89.9M95.5M
Accounts Payable4.7B5.7B6.2B7.9B9.1B9.5B
Short Term Investments638.2M662.0M691.8M706.3M628.8M878.6M
Inventory7.3M4.7M7.0M3.7M3.4M3.5M
Other Current Assets127.5M620.3M857.2M202.2M196.4M186.6M
Accumulated Other Comprehensive Income2.1M9.8M(7.0M)(88.2M)(76.4M)(72.6M)
Intangible Assets11.4M17.9M12.3M59.9M66.0M69.3M
Property Plant Equipment112.2M107.0M96.7M169.7M195.2M114.7M
Short Long Term Debt Total207.7M48.9M66.8M438.9M394.2M413.9M
Net Tangible Assets640.5M687.7M712.8M765.0M688.5M537.9M
Long Term Debt301.7M207.7M39.5M438.9M394.2M413.9M
Net Receivables21.6M4.4B4.3B4.5B5.1B5.4B
Retained Earnings Total Equity107.0M164.1M223.2M289.9M333.4M350.0M
Non Current Liabilities Total207.7M1.1B39.5M8.5B8.7B9.2B
Capital Surpluse1.0B1.0B1.0B1.0B1.2B1.1B
Long Term Investments938.6M1.3B1.4B1.4B1.3B937.0M
Non Current Liabilities Other446.0M391.5M163.0M106.3M122.2M116.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether National Bank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bank Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Regional 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 National Bank. If investors know National 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 National Bank 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
(0.09)
Dividend Share
1.12
Earnings Share
3.23
Revenue Per Share
10.533
Quarterly Revenue Growth
(0.02)
The market value of National Bank Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bank's value that differs from its market value or its book value, called intrinsic value, which is National Bank'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 National Bank's market value can be influenced by many factors that don't directly affect National Bank'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 National Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bank'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.