NorthWestern Other Non Cash Items vs Net Income Analysis
| NWE Stock | USD 55.19 0.34 0.62% |
NorthWestern financial indicator trend analysis is infinitely more than just investigating NorthWestern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthWestern is a good investment. Please check the relationship between NorthWestern Other Non Cash Items and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWestern Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between NorthWestern's Other Non Cash Items and Net Income is 0.36. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of NorthWestern, assuming nothing else is changed. The correlation between historical values of NorthWestern's Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of NorthWestern are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., NorthWestern's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in NorthWestern financial statement analysis. It represents the amount of money remaining after all of NorthWestern operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from NorthWestern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthWestern 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 NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.At present, NorthWestern's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.30, whereas Issuance Of Capital Stock is forecasted to decline to about 127.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 946.8M | 985.8M | 781.4M | 484.9M | Total Revenue | 1.4B | 1.5B | 1.4B | 1.3B |
NorthWestern fundamental ratios Correlations
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NorthWestern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NorthWestern fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 50.8M | 50.7M | 51.9M | 56.3M | 60.4M | 38.9M | |
| Total Assets | 5.9B | 6.4B | 6.8B | 7.3B | 7.6B | 3.9B | |
| Short Long Term Debt Total | 2.3B | 2.4B | 2.6B | 2.6B | 2.8B | 1.5B | |
| Other Current Liab | 235.1M | 171.3M | 172.5M | 172.5M | 200.4M | 111.3M | |
| Total Current Liabilities | 334.3M | 466.4M | 379.6M | 620.8M | 534.9M | 491.8M | |
| Total Stockholder Equity | 2.0B | 2.1B | 2.3B | 2.7B | 2.8B | 2.9B | |
| Property Plant And Equipment Net | 5.3B | 5.0B | 5.2B | 5.7B | 6.0B | 6.3B | |
| Net Debt | 2.2B | 2.4B | 2.6B | 2.6B | 2.8B | 1.5B | |
| Retained Earnings | 635.2M | 670.1M | 728.5M | 771.4M | 811.5M | 852.1M | |
| Accounts Payable | 96.7M | 100.4M | 115.2M | 201.5M | 124.3M | 92.8M | |
| Cash | 5.1M | 5.8M | 2.8M | 8.5M | 9.2M | 13.3M | |
| Non Current Assets Total | 5.6B | 6.1B | 6.3B | 6.8B | 7.2B | 7.6B | |
| Non Currrent Assets Other | 66.3M | 770.2M | 737.8M | 224.9M | 796.3M | 836.1M | |
| Cash And Short Term Investments | 5.1M | 5.8M | 2.8M | 8.5M | 9.2M | 13.3M | |
| Net Receivables | 167.4M | 168.2M | 198.7M | 245.0M | 212.3M | 197.2M | |
| Common Stock Total Equity | 530K | 539K | 541K | 633K | 569.7K | 541.2K | |
| Liabilities And Stockholders Equity | 5.9B | 6.4B | 6.8B | 7.3B | 7.6B | 3.9B | |
| Non Current Liabilities Total | 3.5B | 3.8B | 4.1B | 4.0B | 4.3B | 2.2B | |
| Inventory | 53.9M | 61.0M | 80.6M | 107.4M | 114.5M | 68.7M | |
| Other Current Assets | 68.3M | 73.6M | 155.7M | 178.0M | 71.0M | 81.8M | |
| Other Stockholder Equity | 1.4B | 1.4B | 1.6B | 1.9B | 2.0B | 2.1B | |
| Total Liab | 3.9B | 4.3B | 4.4B | 4.7B | 4.8B | 2.8B | |
| Property Plant And Equipment Gross | 4.7B | 5.0B | 7.3B | 7.8B | 8.3B | 8.7B | |
| Total Current Assets | 301.6M | 308.7M | 437.8M | 538.8M | 407.0M | 375.4M | |
| Accumulated Other Comprehensive Income | (9.6M) | (7.3M) | (7.3M) | (7.8M) | (7.7M) | (7.3M) | |
| Short Term Debt | 2.5M | 105.3M | 5.8M | 150.7M | 103.3M | 146.0M | |
| Other Liab | 1.3B | 1.5B | 1.5B | 1.5B | 1.8B | 959.4M | |
| Other Assets | 528.6M | 752.0M | 737.8M | 763.9M | 878.5M | 922.4M | |
| Long Term Debt | 2.2B | 2.3B | 2.5B | 2.5B | 2.7B | 1.6B | |
| Property Plant Equipment | 4.7B | 5.0B | 5.2B | 5.7B | 6.5B | 6.8B | |
| Treasury Stock | (95.5M) | (96.0M) | (98.1M) | (98.4M) | (88.6M) | (93.0M) | |
| Net Tangible Assets | 1.7B | 1.7B | 2.0B | 2.3B | 2.7B | 1.4B | |
| Retained Earnings Total Equity | 548.3M | 635.2M | 670.1M | 771.4M | 887.1M | 931.5M | |
| Long Term Debt Total | 2.1B | 2.3B | 2.3B | 2.5B | 2.8B | 1.9B | |
| Capital Surpluse | 1.5B | 1.5B | 1.5B | 2.0B | 2.3B | 1.4B |
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 NorthWestern is a strong investment it is important to analyze NorthWestern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NorthWestern's future performance. For an informed investment choice regarding NorthWestern Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 NorthWestern. If investors know NorthWestern 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 NorthWestern 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 0.583 | Dividend Share 2.59 | Earnings Share 3.71 | Revenue Per Share 24.421 | Quarterly Revenue Growth 0.075 |
The market value of NorthWestern is measured differently than its book value, which is the value of NorthWestern that is recorded on the company's balance sheet. Investors also form their own opinion of NorthWestern's value that differs from its market value or its book value, called intrinsic value, which is NorthWestern'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 NorthWestern's market value can be influenced by many factors that don't directly affect NorthWestern'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 NorthWestern's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthWestern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthWestern'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.