NiSource Non Recurring vs Total Revenue Analysis

NI Stock  USD 36.17  0.30  0.84%   
NiSource financial indicator trend analysis is infinitely more than just investigating NiSource recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NiSource is a good investment. Please check the relationship between NiSource Non Recurring and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

Non Recurring vs Total Revenue

Non Recurring vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NiSource Non Recurring account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NiSource's Non Recurring and Total Revenue is -0.05. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Total Revenue in the same time period over historical financial statements of NiSource, assuming nothing else is changed. The correlation between historical values of NiSource's Non Recurring and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of NiSource are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Recurring i.e., NiSource's Non Recurring and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Recurring

Total Revenue

Total revenue comprises all receipts NiSource generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from NiSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NiSource 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 NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.The NiSource's current Sales General And Administrative To Revenue is estimated to increase to 0, while Selling General Administrative is projected to decrease to under 22.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.3B2.5B3.5B
Total Revenue4.9B5.9B5.5B5.0B

NiSource fundamental ratios Correlations

0.880.920.440.690.880.960.440.92-0.540.810.120.890.380.120.630.840.520.730.750.840.650.24-0.690.80.18
0.880.980.690.860.960.950.430.98-0.170.820.271.00.20.270.830.960.690.670.760.990.860.49-0.810.580.0
0.920.980.570.850.950.980.440.98-0.290.830.330.970.320.330.750.920.610.750.790.950.860.51-0.750.65-0.06
0.440.690.570.730.620.50.050.640.160.520.120.690.030.120.80.690.860.30.510.730.580.49-0.770.240.15
0.690.860.850.730.80.790.330.83-0.10.790.390.840.350.390.790.760.690.650.690.860.880.78-0.70.52-0.14
0.880.960.950.620.80.950.390.94-0.190.840.280.960.270.280.760.890.610.720.750.910.820.42-0.680.50.03
0.960.950.980.50.790.950.480.97-0.40.860.260.960.340.260.710.90.560.750.80.920.780.41-0.720.70.03
0.440.430.440.050.330.390.480.45-0.190.490.090.430.030.090.40.440.370.350.380.430.310.16-0.370.37-0.12
0.920.980.980.640.830.940.970.45-0.290.870.20.980.260.20.830.960.680.660.780.970.770.44-0.820.650.08
-0.54-0.17-0.290.16-0.1-0.19-0.4-0.19-0.29-0.39-0.19-0.19-0.69-0.190.02-0.140.14-0.48-0.57-0.14-0.01-0.080.22-0.8-0.02
0.810.820.830.520.790.840.860.490.87-0.390.190.830.370.190.830.760.540.590.760.80.610.49-0.680.60.11
0.120.270.330.120.390.280.260.090.2-0.190.190.210.591.00.040.13-0.020.640.620.20.60.77-0.110.14-0.89
0.891.00.970.690.840.960.960.430.98-0.190.830.210.170.210.840.980.70.640.760.990.810.44-0.830.590.07
0.380.20.320.030.350.270.340.030.26-0.690.370.590.170.590.00.04-0.030.720.60.120.320.52-0.060.48-0.33
0.120.270.330.120.390.280.260.090.2-0.190.191.00.210.590.040.13-0.020.640.620.20.60.77-0.110.14-0.89
0.630.830.750.80.790.760.710.40.830.020.830.040.840.00.040.860.760.30.610.880.610.46-0.860.40.2
0.840.960.920.690.760.890.90.440.96-0.140.760.130.980.040.130.860.710.520.720.990.740.35-0.90.580.1
0.520.690.610.860.690.610.560.370.680.140.54-0.020.7-0.03-0.020.760.710.390.430.740.540.34-0.720.280.19
0.730.670.750.30.650.720.750.350.66-0.480.590.640.640.720.640.30.520.390.770.570.770.55-0.350.56-0.38
0.750.760.790.510.690.750.80.380.78-0.570.760.620.760.60.620.610.720.430.770.740.670.64-0.730.7-0.3
0.840.990.950.730.860.910.920.430.97-0.140.80.20.990.120.20.880.990.740.570.740.810.48-0.890.590.05
0.650.860.860.580.880.820.780.310.77-0.010.610.60.810.320.60.610.740.540.770.670.810.71-0.570.39-0.4
0.240.490.510.490.780.420.410.160.44-0.080.490.770.440.520.770.460.350.340.550.640.480.71-0.420.28-0.62
-0.69-0.81-0.75-0.77-0.7-0.68-0.72-0.37-0.820.22-0.68-0.11-0.83-0.06-0.11-0.86-0.9-0.72-0.35-0.73-0.89-0.57-0.42-0.66-0.12
0.80.580.650.240.520.50.70.370.65-0.80.60.140.590.480.140.40.580.280.560.70.590.390.28-0.660.09
0.180.0-0.060.15-0.140.030.03-0.120.08-0.020.11-0.890.07-0.33-0.890.20.10.19-0.38-0.30.05-0.4-0.62-0.120.09
Click cells to compare fundamentals

NiSource Account Relationship Matchups

NiSource fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding376.0M384.3M417.3M442.7M447.9M263.6M
Total Assets22.7B22.0B24.2B26.7B31.1B19.2B
Short Long Term Debt Total9.6B9.7B9.8B11.7B14.1B7.8B
Other Current Liab1.0B676.7M908.6M1.4B950.6M1.2B
Total Current Liabilities3.7B2.3B2.7B4.7B5.3B3.5B
Total Stockholder Equity6.0B5.8B6.9B7.6B8.3B4.9B
Property Plant And Equipment Net16.9B16.6B17.9B19.8B22.3B12.3B
Current Deferred Revenue256.4M243.3M237.9M324.7M294.4M242.8M
Net Debt9.5B9.6B9.7B11.6B11.9B7.7B
Retained Earnings(1.4B)(1.8B)(1.6B)(1.2B)(967M)(918.7M)
Accounts Payable666M589M697.8M899.5M749.4M629.6M
Cash139.3M116.5M84.2M40.8M2.2B2.4B
Non Current Assets Total20.8B20.4B22.2B24.2B26.6B17.0B
Non Currrent Assets Other764.5M553.1M949.3M2.6B2.5B2.7B
Cash And Short Term Investments139.3M116.5M84.2M40.8M2.2B2.4B
Net Receivables905.4M825.4M925.2M1.2B928M942.9M
Liabilities And Stockholders Equity22.7B22.0B24.2B26.7B31.1B19.2B
Non Current Liabilities Total12.9B13.9B14.1B14.2B15.7B10.9B
Inventory424.7M401.1M498.7M751.9M503.2M499.5M
Other Current Assets225.7M316.4M412.7M621.6M822.8M418.9M
Other Stockholder Equity6.6B6.8B7.1B7.3B8.8B9.2B
Total Liab16.7B16.2B16.9B18.8B20.9B14.2B
Total Current Assets1.9B1.7B1.9B2.6B4.5B2.3B
Accumulated Other Comprehensive Income(92.6M)(156.7M)(126.8M)(37.1M)(33.6M)(35.3M)
Short Term Debt1.8B526.3M624.8M1.8B3.1B3.3B
Other Liab4.9B4.6B5.0B4.6B5.3B3.6B
Other Assets2.3B2.0B2.6B2.6B63.6M60.4M
Long Term Debt7.9B9.0B9.2B9.5B11.1B7.5B
Property Plant Equipment17.0B39.9M17.9B35.7M41.1M39.0M
Property Plant And Equipment Gross16.9B16.6B25.2B27.6B30.5B15.6B
Net Tangible Assets13.0B14.1B14.6B15.6B17.9B13.9B
Retained Earnings Total Equity(1.4B)(1.8B)(1.6B)(1.2B)(1.1B)(1.0B)

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Multi-Utilities 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 NiSource. If investors know NiSource 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 NiSource 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
0.097
Dividend Share
1.06
Earnings Share
1.65
Revenue Per Share
11.933
Quarterly Revenue Growth
0.048
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.