National Cash And Short Term Investments vs Non Current Liabilities Total Analysis

NKSH Stock  USD 30.89  0.41  1.31%   
National Bankshares financial indicator trend analysis is infinitely more than just investigating National Bankshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bankshares is a good investment. Please check the relationship between National Bankshares Cash And Short Term Investments and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.

Cash And Short Term Investments vs Non Current Liabilities Total

Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Bankshares Cash And Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National Bankshares' Cash And Short Term Investments and Non Current Liabilities Total is -0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of National Bankshares, assuming nothing else is changed. The correlation between historical values of National Bankshares' Cash And Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of National Bankshares are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., National Bankshares' Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of National Bankshares balance sheet. This account contains National Bankshares investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National Bankshares fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Liabilities Total

Most indicators from National Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bankshares 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 Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.As of now, National Bankshares' Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense3.1M3.1M300K285K
Depreciation And Amortization636K609K754K987.0K

National Bankshares fundamental ratios Correlations

0.640.70.77-0.530.930.550.430.22-0.020.840.640.420.48-0.350.290.770.630.490.03-0.120.13-0.1-0.830.70.45
0.640.780.44-0.20.750.240.020.00.340.550.190.50.510.180.170.130.720.5-0.390.03-0.21-0.37-0.630.80.32
0.70.780.55-0.640.850.660.05-0.120.330.50.520.810.820.27-0.150.130.640.82-0.030.24-0.18-0.43-0.850.730.53
0.770.440.55-0.590.720.560.570.31-0.10.580.80.470.52-0.430.390.60.170.550.46-0.080.40.18-0.840.40.69
-0.53-0.2-0.64-0.59-0.49-0.99-0.10.240.13-0.33-0.63-0.61-0.62-0.120.37-0.25-0.24-0.62-0.39-0.430.070.260.63-0.35-0.57
0.930.750.850.72-0.490.520.280.090.220.70.660.650.69-0.180.210.520.660.710.00.020.01-0.25-0.90.710.48
0.550.240.660.56-0.990.520.0-0.32-0.090.310.610.630.650.18-0.410.260.30.650.310.49-0.17-0.36-0.620.380.53
0.430.020.050.57-0.10.280.00.91-0.40.630.37-0.24-0.2-0.780.690.61-0.18-0.150.6-0.770.940.83-0.390.220.22
0.220.0-0.120.310.240.09-0.320.91-0.370.510.02-0.47-0.44-0.690.730.44-0.23-0.390.37-0.950.920.88-0.120.22-0.03
-0.020.340.33-0.10.130.22-0.09-0.4-0.37-0.190.090.480.460.4-0.05-0.310.430.45-0.240.38-0.41-0.45-0.170.090.2
0.840.550.50.58-0.330.70.310.630.51-0.190.320.050.07-0.490.50.720.620.09-0.01-0.460.350.16-0.620.730.17
0.640.190.520.8-0.630.660.610.370.020.090.320.680.71-0.350.090.480.10.740.580.230.22-0.01-0.830.110.77
0.420.50.810.47-0.610.650.63-0.24-0.470.480.050.680.990.34-0.34-0.10.390.990.090.64-0.38-0.59-0.760.260.67
0.480.510.820.52-0.620.690.65-0.2-0.440.460.070.710.990.31-0.32-0.030.371.00.120.6-0.34-0.56-0.780.280.66
-0.350.180.27-0.43-0.12-0.180.18-0.78-0.690.4-0.49-0.350.340.31-0.78-0.680.160.27-0.40.62-0.73-0.670.210.07-0.08
0.290.17-0.150.390.370.21-0.410.690.73-0.050.50.09-0.34-0.32-0.780.470.03-0.280.14-0.70.650.63-0.180.160.02
0.770.130.130.6-0.250.520.260.610.44-0.310.720.48-0.1-0.03-0.680.470.28-0.010.19-0.370.410.29-0.430.290.2
0.630.720.640.17-0.240.660.3-0.18-0.230.430.620.10.390.370.160.030.280.35-0.570.17-0.46-0.6-0.460.690.08
0.490.50.820.55-0.620.710.65-0.15-0.390.450.090.740.991.00.27-0.28-0.010.350.170.57-0.29-0.51-0.80.290.68
0.03-0.39-0.030.46-0.390.00.310.60.37-0.24-0.010.580.090.12-0.40.140.19-0.570.17-0.120.70.61-0.26-0.30.38
-0.120.030.24-0.08-0.430.020.49-0.77-0.950.38-0.460.230.640.60.62-0.7-0.370.170.57-0.12-0.79-0.81-0.08-0.230.27
0.13-0.21-0.180.40.070.01-0.170.940.92-0.410.350.22-0.38-0.34-0.730.650.41-0.46-0.290.7-0.790.96-0.14-0.010.09
-0.1-0.37-0.430.180.26-0.25-0.360.830.88-0.450.16-0.01-0.59-0.56-0.670.630.29-0.6-0.510.61-0.810.960.13-0.17-0.08
-0.83-0.63-0.85-0.840.63-0.9-0.62-0.39-0.12-0.17-0.62-0.83-0.76-0.780.21-0.18-0.43-0.46-0.8-0.26-0.08-0.140.13-0.55-0.73
0.70.80.730.4-0.350.710.380.220.220.090.730.110.260.280.070.160.290.690.29-0.3-0.23-0.01-0.17-0.550.17
0.450.320.530.69-0.570.480.530.22-0.030.20.170.770.670.66-0.080.020.20.080.680.380.270.09-0.08-0.730.17
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National Bankshares Account Relationship Matchups

National Bankshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.7B1.7B1.7B1.1B
Short Long Term Debt Total2.3M2.0M1.6M1.4M1.1M977.1K
Total Stockholder Equity183.7M200.6M191.8M122.7M140.5M130.0M
Property Plant And Equipment Net11.2M10.0M9.7M10.4M12.2M10.7M
Net Debt(84.9M)(131.9M)(137.2M)(70.0M)(85.5M)(89.7M)
Retained Earnings184.1M189.5M188.2M199.1M198.0M129.7M
Cash87.2M133.9M138.8M71.4M86.6M70.2M
Non Current Assets Total452.3M562.6M701.7M673.1M1.6B1.6B
Non Currrent Assets Other(4.9M)(6.3M)(5.0M)(25.6M)932.1M978.7M
Other Assets342.8M271.4M170.6M270.2M(14.0M)(13.3M)
Cash And Short Term Investments522.4M680.6M824.9M728.3M631.6M663.1M
Net Receivables4.3M5.0M5.1M6.0M6.3M5.6M
Common Stock Total Equity8.1M8.0M7.6M7.4M6.6M6.8M
Common Stock Shares Outstanding6.6M6.5M6.2M6.0M5.9M5.5M
Liabilities And Stockholders Equity1.3B1.5B1.7B1.7B1.7B1.1B
Other Stockholder Equity494K3.0M(4.1M)(83.8M)(75.4M)(71.6M)
Property Plant And Equipment Gross8.9M10.0M21.8M22.1M23.6M11.9M
Total Current Assets526.7M685.6M830.0M734.3M100.6M95.5M
Accumulated Other Comprehensive Income(8.5M)3.0M(4.1M)(83.8M)(64.9M)(61.6M)
Common Stock8.1M8.0M7.6M7.4M7.4M6.8M
Non Current Liabilities Total2.3M286.3M307.3M106K1.5B1.6B
Other Current Liab(144K)(112K)(96K)(212K)(1.8M)(1.7M)
Other Liab15.9M19.9M15.8M10.6M12.2M9.2M
Short Term Investments435.3M546.7M686.1M656.9M618.6M649.5M
Inventory(98.0M)(148.7M)(152.5M)(85.7M)(637.9M)(606.0M)
Property Plant Equipment10.5M12.0M9.7M11.0M12.7M12.4M
Other Current Assets98.0M148.7M152.5M85.7M100.6M95.5M
Current Deferred Revenue(210K)(307K)(245K)(254K)(1.4M)(1.5M)
Net Tangible Assets177.9M194.8M185.9M116.8M134.4M179.3M
Retained Earnings Total Equity193.6M184.1M188.2M199.1M229.0M189.6M
Long Term Investments727.5M546.7M686.1M656.9M618.6M609.7M
Non Current Liabilities Other13.8M18.2M15.8M12.0M13.8M11.7M
Capital Stock8.1M8.0M7.6M7.4M7.4M6.3M

Currently Active Assets on Macroaxis

When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' 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 Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Bankshares. 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 Bankshares 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
(0.19)
Dividend Share
1.51
Earnings Share
1.46
Revenue Per Share
7.192
Quarterly Revenue Growth
0.051
The market value of National Bankshares 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 Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.