NiSource Total Current Liabilities vs Common Stock Analysis
NI Stock | USD 28.59 0.61 2.18% |
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 Total Current Liabilities and its Common Stock 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 tightly coupled 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.
Total Current Liabilities vs Common Stock
Total Current Liabilities vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NiSource Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NiSource's Total Current Liabilities and Common Stock is -0.7. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of NiSource, assuming nothing else is changed. The correlation between historical values of NiSource's Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of NiSource are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., NiSource's Total Current Liabilities and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on NiSource balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NiSource are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Common Stock
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 tightly coupled 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 Profit | 2.1B | 2.3B | 2.5B | 3.5B | Total Revenue | 4.9B | 5.9B | 5.5B | 5.0B |
NiSource fundamental ratios Correlations
Click cells to compare fundamentals
NiSource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NiSource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 376.0M | 384.3M | 417.3M | 442.7M | 447.9M | 263.6M | |
Total Assets | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Short Long Term Debt Total | 9.6B | 9.7B | 9.8B | 11.7B | 14.1B | 7.8B | |
Other Current Liab | 1.0B | 920.8M | 1.2B | 1.3B | 1.1B | 1.2B | |
Total Current Liabilities | 3.7B | 2.3B | 2.7B | 4.7B | 5.3B | 3.5B | |
Total Stockholder Equity | 6.0B | 5.8B | 6.9B | 7.6B | 8.3B | 4.9B | |
Property Plant And Equipment Net | 16.9B | 16.6B | 17.9B | 19.8B | 22.3B | 12.3B | |
Current Deferred Revenue | 256.4M | 243.3M | 237.9M | 324.7M | 294.4M | 242.8M | |
Net Debt | 9.5B | 9.6B | 9.7B | 11.6B | 11.9B | 7.7B | |
Retained Earnings | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (967M) | (918.7M) | |
Accounts Payable | 666M | 589M | 697.8M | 899.5M | 749.4M | 629.6M | |
Cash | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Non Current Assets Total | 20.8B | 20.4B | 22.2B | 24.2B | 26.6B | 17.0B | |
Non Currrent Assets Other | 764.5M | 553.1M | 949.3M | 2.6B | 1.8B | 1.9B | |
Cash And Short Term Investments | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Net Receivables | 905.4M | 825.4M | 925.2M | 1.2B | 928M | 942.9M | |
Liabilities And Stockholders Equity | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Non Current Liabilities Total | 12.9B | 13.9B | 14.1B | 14.2B | 15.7B | 10.9B | |
Inventory | 424.7M | 401.1M | 498.7M | 751.9M | 503.2M | 499.5M | |
Other Current Assets | 225.7M | 135.7M | 206.2M | 233.2M | 332.9M | 385.2M | |
Other Stockholder Equity | 6.6B | 6.8B | 7.1B | 7.3B | 8.8B | 9.2B | |
Total Liab | 16.7B | 16.2B | 16.9B | 18.8B | 20.9B | 14.2B | |
Total Current Assets | 1.9B | 1.7B | 1.9B | 2.6B | 4.5B | 2.3B | |
Accumulated Other Comprehensive Income | (92.6M) | (156.7M) | (126.8M) | (37.1M) | (33.6M) | (35.3M) | |
Short Term Debt | 1.8B | 526.3M | 618.1M | 2.1B | 3.1B | 3.2B | |
Other Liab | 4.9B | 4.6B | 5.0B | 4.6B | 5.3B | 3.6B | |
Other Assets | 2.3B | 2.0B | 2.6B | 2.6B | 63.6M | 60.4M | |
Long Term Debt | 7.9B | 9.0B | 9.2B | 9.5B | 11.1B | 7.5B | |
Property Plant Equipment | 17.0B | 39.9M | 17.9B | 35.7M | 41.1M | 39.0M | |
Property Plant And Equipment Gross | 16.9B | 16.6B | 25.2B | 27.6B | 30.5B | 15.6B | |
Net Tangible Assets | 13.0B | 14.1B | 14.6B | 15.6B | 17.9B | 13.9B | |
Retained Earnings Total Equity | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (1.1B) | (1.0B) |
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When determining whether NiSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NiSource'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 Nisource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisource Stock: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 tightly coupled 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running NiSource's price analysis, check to measure NiSource'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 NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
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Is NiSource'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 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 0.075 | Dividend Share 1.03 | Earnings Share 1.53 | Revenue Per Share 12.346 | Quarterly Revenue Growth (0.13) |
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.