NiSource Net Debt vs Net Working Capital Analysis

NI Stock

USD 27.94 0.16 0.57%

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 Net Debt and its Net Working Capital 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.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NiSource Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between NiSource's Net Debt and Net Working Capital is 0.02. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of NiSource, assuming nothing else is changed. The correlation between historical values of NiSource's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of NiSource are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., NiSource's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

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 current Selling General Administrative is estimated to decrease to about 8.9 M. The current Discontinued Operations is estimated to decrease to about 85.5 K

	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

Gross Profit Total Revenue

NiSource fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets
Common Stock Shares Outstanding		0.88	0.92	0.58	0.69	0.88	0.96	0.44	0.92	-0.54	0.81	0.12	0.89	0.4	0.12	0.63	0.84	0.52	0.42	0.75	0.84	0.65	0.28	-0.69	0.8	0.18
Total Assets	0.88		0.98	0.79	0.86	0.96	0.95	0.43	0.98	-0.17	0.82	0.27	1.0	0.17	0.27	0.83	0.96	0.69	0.5	0.76	0.99	0.86	0.51	-0.81	0.58	0.0
Short Long Term Debt Total	0.92	0.98		0.69	0.85	0.95	0.98	0.44	0.98	-0.29	0.83	0.33	0.97	0.29	0.33	0.75	0.92	0.61	0.51	0.79	0.95	0.86	0.53	-0.75	0.65	-0.06
Other Current Liab	0.58	0.79	0.69		0.72	0.74	0.64	0.05	0.74	0.04	0.56	0.2	0.79	0.06	0.2	0.79	0.8	0.8	0.48	0.64	0.82	0.66	0.47	-0.82	0.34	0.12
Total Current Liabilities	0.69	0.86	0.85	0.72		0.8	0.79	0.33	0.83	-0.1	0.79	0.39	0.84	0.31	0.39	0.79	0.76	0.69	0.65	0.69	0.86	0.88	0.81	-0.7	0.52	-0.14
Total Stockholder Equity	0.88	0.96	0.95	0.74	0.8		0.95	0.39	0.94	-0.19	0.84	0.28	0.96	0.24	0.28	0.76	0.89	0.61	0.43	0.75	0.91	0.82	0.45	-0.68	0.5	0.03
Property Plant And Equipment Net	0.96	0.95	0.98	0.64	0.79	0.95		0.48	0.97	-0.4	0.86	0.26	0.96	0.33	0.26	0.71	0.9	0.56	0.48	0.8	0.92	0.78	0.43	-0.72	0.7	0.03
Current Deferred Revenue	0.44	0.43	0.44	0.05	0.33	0.39	0.48		0.45	-0.19	0.49	0.09	0.43	0.01	0.09	0.4	0.44	0.37	0.35	0.38	0.43	0.31	0.18	-0.37	0.37	-0.12
Net Debt	0.92	0.98	0.98	0.74	0.83	0.94	0.97	0.45		-0.29	0.87	0.2	0.98	0.25	0.2	0.83	0.96	0.68	0.47	0.78	0.97	0.77	0.47	-0.82	0.65	0.08
Retained Earnings	-0.54	-0.17	-0.29	0.04	-0.1	-0.19	-0.4	-0.19	-0.29		-0.39	-0.19	-0.19	-0.73	-0.19	0.02	-0.14	0.14	-0.42	-0.57	-0.14	-0.01	-0.1	0.22	-0.8	-0.02
Accounts Payable	0.81	0.82	0.83	0.56	0.79	0.84	0.86	0.49	0.87	-0.39		0.19	0.83	0.37	0.19	0.83	0.76	0.54	0.5	0.76	0.8	0.61	0.53	-0.68	0.6	0.11
Cash	0.12	0.27	0.33	0.2	0.39	0.28	0.26	0.09	0.2	-0.19	0.19		0.21	0.46	1.0	0.04	0.13	-0.02	0.72	0.62	0.2	0.6	0.75	-0.11	0.14	-0.89
Non Current Assets Total	0.89	1.0	0.97	0.79	0.84	0.96	0.96	0.43	0.98	-0.19	0.83	0.21		0.15	0.21	0.84	0.98	0.7	0.47	0.76	0.99	0.81	0.46	-0.83	0.59	0.07
Non Currrent Assets Other	0.4	0.17	0.29	0.06	0.31	0.24	0.33	0.01	0.25	-0.73	0.37	0.46	0.15		0.46	0.0	0.02	-0.03	0.49	0.54	0.09	0.23	0.45	-0.04	0.51	-0.19
Cash And Short Term Investments	0.12	0.27	0.33	0.2	0.39	0.28	0.26	0.09	0.2	-0.19	0.19	1.0	0.21	0.46		0.04	0.13	-0.02	0.72	0.62	0.2	0.6	0.75	-0.11	0.14	-0.89
Net Receivables	0.63	0.83	0.75	0.79	0.79	0.76	0.71	0.4	0.83	0.02	0.83	0.04	0.84	0.0	0.04		0.86	0.76	0.4	0.61	0.88	0.61	0.48	-0.86	0.4	0.2
Non Current Liabilities Total	0.84	0.96	0.92	0.8	0.76	0.89	0.9	0.44	0.96	-0.14	0.76	0.13	0.98	0.02	0.13	0.86		0.71	0.42	0.72	0.99	0.74	0.37	-0.9	0.58	0.1
Inventory	0.52	0.69	0.61	0.8	0.69	0.61	0.56	0.37	0.68	0.14	0.54	-0.02	0.7	-0.03	-0.02	0.76	0.71		0.41	0.43	0.74	0.54	0.39	-0.72	0.28	0.19
Other Current Assets	0.42	0.5	0.51	0.48	0.65	0.43	0.48	0.35	0.47	-0.42	0.5	0.72	0.47	0.49	0.72	0.4	0.42	0.41		0.81	0.5	0.6	0.81	-0.57	0.59	-0.52
Other Stockholder Equity	0.75	0.76	0.79	0.64	0.69	0.75	0.8	0.38	0.78	-0.57	0.76	0.62	0.76	0.54	0.62	0.61	0.72	0.43	0.81		0.74	0.67	0.65	-0.73	0.7	-0.3
Total Liab	0.84	0.99	0.95	0.82	0.86	0.91	0.92	0.43	0.97	-0.14	0.8	0.2	0.99	0.09	0.2	0.88	0.99	0.74	0.5	0.74		0.81	0.49	-0.89	0.59	0.05
Total Current Assets	0.65	0.86	0.86	0.66	0.88	0.82	0.78	0.31	0.77	-0.01	0.61	0.6	0.81	0.23	0.6	0.61	0.74	0.54	0.6	0.67	0.81		0.72	-0.57	0.39	-0.4
Short Term Debt	0.28	0.51	0.53	0.47	0.81	0.45	0.43	0.18	0.47	-0.1	0.53	0.75	0.46	0.45	0.75	0.48	0.37	0.39	0.81	0.65	0.49	0.72		-0.42	0.29	-0.58
Common Stock	-0.69	-0.81	-0.75	-0.82	-0.7	-0.68	-0.72	-0.37	-0.82	0.22	-0.68	-0.11	-0.83	-0.04	-0.11	-0.86	-0.9	-0.72	-0.57	-0.73	-0.89	-0.57	-0.42		-0.66	-0.12
Other Liab	0.8	0.58	0.65	0.34	0.52	0.5	0.7	0.37	0.65	-0.8	0.6	0.14	0.59	0.51	0.14	0.4	0.58	0.28	0.59	0.7	0.59	0.39	0.29	-0.66		0.09
Other Assets	0.18	0.0	-0.06	0.12	-0.14	0.03	0.03	-0.12	0.08	-0.02	0.11	-0.89	0.07	-0.19	-0.89	0.2	0.1	0.19	-0.52	-0.3	0.05	-0.4	-0.58	-0.12	0.09

Click cells to compare fundamentals

NiSource Account Relationship Matchups

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:

How To Invest In NiSource

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Is NiSource Stock a good investment?

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What is NiSource's Net Worth?

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for NiSource Stock analysis

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

(0.03)

Dividend Share

1.015

Earnings Share

1.48

Revenue Per Share

13.231

Quarterly Revenue Growth

(0.17)

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.

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NiSource Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

NiSource fundamental ratios Correlations

NiSource Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NiSource fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for NiSource Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.98	Total Assets

Common Stock	- 0.9	Non Current Liabilities Total
Common Stock	- 0.89	Total Liab
Other Assets	- 0.89	Cash And Short Term Investments
Other Assets	- 0.89	Cash
Common Stock	- 0.86	Net Receivables
Common Stock	- 0.83	Non Current Assets Total