National Total Current Liabilities vs Non Current Assets Total Analysis

NHI Stock  USD 66.64  0.01  0.01%   
National Health financial indicator trend analysis is infinitely more than just investigating National Health Investors recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Health Investors is a good investment. Please check the relationship between National Health Total Current Liabilities and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Health Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Health Investors Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Health's Total Current Liabilities and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of National Health Investors, assuming nothing else is changed. The correlation between historical values of National Health's Total Current Liabilities and Non Current Assets 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 Total Current Liabilities of National Health Investors are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., National Health's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on National Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National Health Investors 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from National Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Health Investors 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 Health Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
As of now, National Health's Selling General Administrative is increasing as compared to previous years. The National Health's current Enterprise Value is estimated to increase to about 3.7 B, while Discontinued Operations is projected to decrease to under 16.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit287.1M268.4M308.3M169.0M
Total Revenue298.7M278.2M319.8M170.8M

National Health fundamental ratios Correlations

0.990.990.690.93-0.060.20.450.920.930.520.990.581.00.90.88-0.370.90.70.250.210.950.950.36-0.190.99
0.990.960.650.94-0.060.190.450.850.940.511.00.480.980.90.86-0.380.920.690.220.170.920.920.38-0.221.0
0.990.960.720.9-0.060.220.430.950.910.530.960.660.990.890.87-0.340.870.690.270.250.950.940.31-0.160.95
0.690.650.720.670.010.440.160.70.660.350.650.630.720.570.52-0.140.50.50.1-0.040.610.620.090.140.64
0.930.940.90.670.170.130.390.821.00.320.940.350.920.910.87-0.370.90.840.330.190.890.890.36-0.330.96
-0.06-0.06-0.060.010.17-0.28-0.180.040.18-0.87-0.06-0.1-0.070.140.110.090.150.60.360.170.190.2-0.11-0.46-0.03
0.20.190.220.440.13-0.28-0.340.140.120.340.180.290.28-0.11-0.20.39-0.15-0.15-0.58-0.590.060.06-0.410.350.16
0.450.450.430.160.39-0.18-0.340.360.410.380.450.080.40.50.57-0.510.460.210.730.760.390.390.52-0.130.45
0.920.850.950.70.820.040.140.360.830.430.860.770.910.860.85-0.380.810.720.350.340.920.920.34-0.220.85
0.930.940.910.661.00.180.120.410.830.320.940.350.920.910.87-0.380.910.850.360.220.890.90.37-0.340.96
0.520.510.530.350.32-0.870.340.380.430.320.510.350.530.320.34-0.260.29-0.14-0.14-0.020.280.270.260.290.48
0.991.00.960.650.94-0.060.180.450.860.940.510.490.980.90.87-0.390.920.690.220.180.930.930.38-0.221.0
0.580.480.660.630.35-0.10.290.080.770.350.350.490.610.410.41-0.130.390.280.080.20.610.610.060.240.45
1.00.980.990.720.92-0.070.280.40.910.920.530.980.610.860.83-0.340.870.680.210.170.930.930.32-0.130.97
0.90.90.890.570.910.14-0.110.50.860.910.320.90.410.860.99-0.40.960.80.440.350.90.910.4-0.470.91
0.880.860.870.520.870.11-0.20.570.850.870.340.870.410.830.99-0.450.930.770.510.440.890.890.44-0.480.88
-0.37-0.38-0.34-0.14-0.370.090.39-0.51-0.38-0.38-0.26-0.39-0.13-0.34-0.4-0.45-0.45-0.36-0.62-0.61-0.37-0.37-0.990.31-0.39
0.90.920.870.50.90.15-0.150.460.810.910.290.920.390.870.960.93-0.450.790.380.320.910.910.45-0.40.93
0.70.690.690.50.840.6-0.150.210.720.85-0.140.690.280.680.80.77-0.360.790.510.330.810.820.33-0.550.72
0.250.220.270.10.330.36-0.580.730.350.36-0.140.220.080.210.440.51-0.620.380.510.940.350.360.59-0.390.25
0.210.170.25-0.040.190.17-0.590.760.340.22-0.020.180.20.170.350.44-0.610.320.330.940.310.310.59-0.270.18
0.950.920.950.610.890.190.060.390.920.890.280.930.610.930.90.89-0.370.910.810.350.311.00.35-0.330.93
0.950.920.940.620.890.20.060.390.920.90.270.930.610.930.910.89-0.370.910.820.360.311.00.35-0.340.93
0.360.380.310.090.36-0.11-0.410.520.340.370.260.380.060.320.40.44-0.990.450.330.590.590.350.35-0.340.39
-0.19-0.22-0.160.14-0.33-0.460.35-0.13-0.22-0.340.29-0.220.24-0.13-0.47-0.480.31-0.4-0.55-0.39-0.27-0.33-0.34-0.34-0.26
0.991.00.950.640.96-0.030.160.450.850.960.481.00.450.970.910.88-0.390.930.720.250.180.930.930.39-0.26
Click cells to compare fundamentals

National Health Account Relationship Matchups

National Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B2.8B2.5B2.5B1.3B
Short Long Term Debt Total1.5B1.5B1.3B1.1B1.1B586.0M
Total Stockholder Equity1.5B1.5B1.5B1.3B1.3B729.6M
Net Debt1.4B1.5B1.2B1.1B1.1B1.2B
Retained Earnings(5.3M)(22.0M)(84.6M)(329.6M)2.5B2.6B
Non Currrent Assets Other(308K)6.8M7.5M965K8.4M8.0M
Other Assets304.3M2.8B2.5B45.5M52.4M49.7M
Common Stock Shares Outstanding43.7M44.7M45.7M44.8M43.4M32.0M
Liabilities And Stockholders Equity3.0B3.1B2.8B2.5B2.5B1.3B
Non Current Liabilities Total1.5B1.5B1.3B1.1B1.1B1.2B
Other Stockholder Equity1.5B1.5B1.6B1.6B(1.2B)(1.2B)
Total Liab1.5B1.6B1.3B1.2B1.2B610.1M
Non Current Assets Total2.6B2.7B2.3B2.1B2.1B1.2B
Net Receivables429.4M390.7M399.4M315.0M334.9M238.8M
Total Current Assets463.5M437.1M505.2M379.8M364.5M257.1M
Other Current Liab45.6M(408.6M)(34.1M)(376.4M)(36.4M)(34.5M)
Total Current Liabilities92.9M87.6M70.2M70.0M79.4M53.2M
Accounts Payable26.3M25.2M23.2M25.9M34.3M36.0M
Cash5.2M43.3M37.4M19.3M22.3M34.0M
Cash And Short Term Investments5.2M43.3M37.4M19.3M22.3M21.2M
Common Stock Total Equity446K452K459K434K499.1K351.3K
Accumulated Other Comprehensive Income(3.4M)(7.1M)(84.6M)(329.6M)(350.2M)(332.7M)
Common Stock446K452K459K434K499.1K355.8K
Short Term Debt1.2M458.4M75.4M415.4M75.4M63.4M
Other Liab30.4M23.3M14.6M5.1M4.5M4.3M
Long Term Debt1.4B1.5B1.2B1.1B1.1B663.6M
Current Deferred Revenue19.8M12.6M5.7M5.1M6.0M4.6M
Other Current Assets(431.4M)(431.5M)(433.6M)45.5M(352.3M)(334.7M)
Net Tangible Assets1.5B1.5B1.5B1.3B1.5B1.2B
Capital Surpluse1.5B1.5B1.6B1.6B1.8B1.2B
Deferred Long Term Liab10.1M12.6M5.7M5.1M5.8M4.6M
Long Term Investments141.5M246.1M292.4M300.0M344.9M187.0M

Currently Active Assets on Macroaxis

When determining whether National Health Investors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Health'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 National Health Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Health Investors Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Health Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the National Health Investors information on this page should be used as a complementary analysis to other National Health'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running National Health's price analysis, check to measure National Health'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 Health is operating at the current time. Most of National Health's value examination focuses on studying past and present price action to predict the probability of National Health'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 Health's price. Additionally, you may evaluate how the addition of National Health to your portfolios can decrease your overall portfolio volatility.
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Is National Health'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 Health. 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 Health 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
(0.14)
Dividend Share
3.6
Earnings Share
3.05
Revenue Per Share
7.368
Quarterly Revenue Growth
(0.12)
The market value of National Health Investors 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 Health's value that differs from its market value or its book value, called intrinsic value, which is National Health'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 Health's market value can be influenced by many factors that don't directly affect National Health'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 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Health'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.