National Income Quality from 2010 to 2024

NFG Stock  USD 57.16  1.79  3.23%   
National Fuel's Income Quality is decreasing over the last several years with very volatile swings. Income Quality is predicted to flatten to 2.38. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
2.98
Current Value
2.38
Quarterly Volatility
2.60421139
 
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Yuan Drop
 
Covid
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National main balance sheet or income statement drivers, such as Interest Expense of 159.3 M, Total Revenue of 1.7 B or Gross Profit of 680.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0382 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
This module can also supplement National Fuel's financial leverage analysis and stock options assessment as well as various National Fuel Technical models . Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Income Quality Growth Pattern

Below is the plot of the Income Quality of National Fuel Gas over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. National Fuel's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

National Income Quality Regression Statistics

Arithmetic Mean1.26
Coefficient Of Variation207.00
Mean Deviation1.87
Median2.38
Standard Deviation2.60
Sample Variance6.78
Range9.0225
R-Value(0.02)
Mean Square Error7.30
R-Squared0.0003
Significance0.95
Slope(0.01)
Total Sum of Squares94.95

National Income Quality History

2024 2.38
2023 2.98
2022 2.59
2021 1.44
2020 2.18
2019 -5.99
2018 2.28

About National Fuel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Fuel income statement, its balance sheet, and the statement of cash flows. National Fuel investors use historical funamental indicators, such as National Fuel's Income Quality, to determine how well the company is positioned to perform in the future. Although National Fuel investors may use each financial statement separately, they are all related. The changes in National Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Fuel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on National Fuel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Fuel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 2.98  2.38 

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel'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 National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running National Fuel's price analysis, check to measure National Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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Is National Fuel's industry 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 Fuel. 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 Fuel 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
0.176
Dividend Share
1.98
Earnings Share
5.04
Revenue Per Share
21.248
Quarterly Revenue Growth
(0.12)
The market value of National Fuel Gas 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 Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel'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 Fuel's market value can be influenced by many factors that don't directly affect National Fuel'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 Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel'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.