Northern Other Stockholder Equity vs Short Long Term Debt Total Analysis
NOG Stock | USD 43.06 0.09 0.21% |
Northern Oil financial indicator trend analysis is infinitely more than just investigating Northern Oil Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Oil Gas is a good investment. Please check the relationship between Northern Oil Other Stockholder Equity and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Other Stockholder Equity vs Short Long Term Debt Total
Other Stockholder Equity vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Oil Gas Other Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northern Oil's Other Stockholder Equity and Short Long Term Debt Total is 0.58. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Northern Oil Gas, assuming nothing else is changed. The correlation between historical values of Northern Oil's Other Stockholder Equity and Short Long Term Debt 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 Other Stockholder Equity of Northern Oil Gas are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Stockholder Equity i.e., Northern Oil's Other Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Short Long Term Debt Total
Most indicators from Northern Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Oil Gas 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 Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Northern Oil's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Northern Oil's current Enterprise Value Multiple is estimated to increase to 4.03, while Issuance Of Capital Stock is projected to decrease to roughly 223.3 M.
2023 | 2024 (projected) | Extraordinary Items | 720K | 640K | Reconciled Depreciation | 412.2M | 213.1M |
Northern Oil fundamental ratios Correlations
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Northern Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Long Term Debt Total | 1.1B | 944.8M | 803.4M | 1.5B | 1.8B | 1.9B | |
Total Current Liabilities | 203.5M | 182.5M | 327.6M | 345.0M | 385.8M | 405.0M | |
Total Stockholder Equity | 558.6M | (223.3M) | 215.1M | 745.3M | 2.0B | 2.2B | |
Net Debt | 1.1B | 943.4M | 793.9M | 1.5B | 1.8B | 1.9B | |
Retained Earnings | (873.2M) | (1.8B) | (1.8B) | (1.0B) | (77.8M) | (81.7M) | |
Common Stock Total Equity | 66.8K | 378.3K | 406K | 448K | 515.2K | 541.0K | |
Common Stock Shares Outstanding | 38.7M | 42.7M | 63.0M | 86.7M | 92.1M | 96.7M | |
Non Current Liabilities Total | 1.1B | 912.9M | 980.2M | 1.8B | 2.1B | 2.2B | |
Other Stockholder Equity | 1.4B | 1.6B | 2.0B | 1.7B | 2.1B | 2.2B | |
Total Liab | 1.3B | 1.1B | 1.3B | 2.1B | 2.4B | 2.6B | |
Common Stock | 406K | 448K | 479K | 487K | 503K | 528.2K | |
Accounts Payable | 69.4M | 35.8M | 65.5M | 128.6M | 192.7M | 202.3M | |
Other Current Liab | 134.1M | 4.7M | 262.1M | 216.4M | 193.1M | 202.7M | |
Total Assets | 1.9B | 872.1M | 1.5B | 2.9B | 4.5B | 4.7B | |
Property Plant And Equipment Net | 1.7B | 735.2M | 1.3B | 2.5B | 3.9B | 4.1B | |
Cash | 16.1M | 1.4M | 9.5M | 2.5M | 8.2M | 7.8M | |
Non Current Assets Total | 1.8B | 746.5M | 1.3B | 2.6B | 4.0B | 4.2B | |
Cash And Short Term Investments | 16.1M | 1.4M | 9.5M | 2.5M | 8.2M | 7.8M | |
Liabilities And Stockholders Equity | 1.9B | 872.1M | 1.5B | 2.9B | 4.5B | 4.7B | |
Other Current Assets | 2.0M | 1.4M | 3.4M | 2.0M | 127.4M | 133.8M | |
Property Plant And Equipment Gross | 1.7B | 735.2M | 5.1B | 6.5B | 8.5B | 8.9B | |
Total Current Assets | 133.0M | 125.6M | 215.3M | 320.5M | 509.4M | 534.9M | |
Property Plant Equipment | 1.7B | 735.2M | 1.3B | 2.5B | 2.9B | 3.0B | |
Non Currrent Assets Other | 23.6M | 6.7M | 48.3M | 56.0M | 30.2M | 31.7M | |
Other Assets | 23.8M | 744.0M | 54.2M | 71.8M | 82.5M | 78.1M | |
Net Receivables | 108.5M | 71.0M | 193.6M | 271.7M | 373.8M | 392.5M | |
Inventory | 6.5M | 51.8M | 8.8M | 44.3M | 1.0 | 0.95 | |
Other Liab | 25.2M | 32.6M | 176.7M | 259.5M | 298.5M | 313.4M | |
Long Term Debt | 1.1B | 879.8M | 803.4M | 1.5B | 1.8B | 1.9B | |
Net Tangible Assets | 558.6M | (223.3M) | 215.1M | 745.3M | 857.0M | 899.9M | |
Long Term Debt Total | 1.1B | 879.8M | 803.4M | 1.5B | 1.8B | 1.1B | |
Capital Surpluse | 1.4B | 1.6B | 2.0B | 1.7B | 2.0B | 1.2B | |
Deferred Long Term Liab | 9.8M | 6.5M | 5.7M | 10.9M | 12.5M | 8.3M | |
Non Current Liabilities Other | 346K | 50K | 3.1M | 2.0M | 2.7M | 2.9M | |
Cash And Equivalents | 16.1M | 1.4M | 9.5M | 2.5M | 2.3M | 2.2M | |
Net Invested Capital | 1.7B | 721.5M | 1.0B | 2.3B | 3.9B | 4.1B |
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Is Northern Oil'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 Northern Oil. If investors know Northern 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 Northern Oil 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 1.379 | Dividend Share 1.49 | Earnings Share 10.03 | Revenue Per Share 19.095 | Quarterly Revenue Growth 0.226 |
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil'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 Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil'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 Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil'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.