Norfolk Net Tangible Assets vs Total Assets Analysis
NSC Stock | USD 235.55 1.75 0.75% |
Norfolk Southern financial indicator trend analysis is infinitely more than just investigating Norfolk Southern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norfolk Southern is a good investment. Please check the relationship between Norfolk Southern Net Tangible Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.
Net Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norfolk Southern Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Norfolk Southern's Net Tangible Assets and Total Assets is 0.58. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Norfolk Southern, assuming nothing else is changed. The correlation between historical values of Norfolk Southern's Net Tangible Assets and Total Assets 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 Tangible Assets of Norfolk Southern are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Norfolk Southern's Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Assets
Total assets refers to the total amount of Norfolk Southern assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Norfolk Southern books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Norfolk Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norfolk Southern 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 Norfolk Southern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.At present, Norfolk Southern's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 48.1 B, whereas Selling General Administrative is forecasted to decline to about 61.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.0B | 5.5B | 6.1B | 4.4B | Total Revenue | 11.1B | 12.7B | 12.2B | 8.4B |
Norfolk Southern fundamental ratios Correlations
Click cells to compare fundamentals
Norfolk Southern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norfolk Southern fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.9B | 38.0B | 38.5B | 38.9B | 41.7B | 25.5B | |
Short Long Term Debt Total | 12.2B | 12.7B | 13.8B | 15.2B | 17.6B | 18.4B | |
Other Current Liab | 327M | 302M | 312M | (6.6B) | 1.3B | 1.3B | |
Total Current Liabilities | 2.3B | 2.2B | 2.5B | 2.6B | 2.6B | 2.0B | |
Total Stockholder Equity | 15.2B | 14.8B | 13.6B | 12.7B | 12.8B | 9.5B | |
Property Plant And Equipment Net | 31.6B | 31.3B | 31.7B | 32.2B | 33.3B | 20.1B | |
Net Debt | 11.6B | 11.6B | 13.0B | 14.7B | 16.0B | 16.8B | |
Retained Earnings | 13.2B | 12.9B | 11.6B | 10.7B | 10.7B | 8.2B | |
Cash | 580M | 1.1B | 839M | 456M | 1.6B | 1.6B | |
Non Current Assets Total | 35.8B | 35.6B | 36.3B | 36.9B | 38.4B | 23.4B | |
Non Currrent Assets Other | 800M | 709M | 966M | (6.2B) | 1.2B | 1.3B | |
Cash And Short Term Investments | 580M | 1.1B | 839M | 456M | 1.6B | 1.6B | |
Net Receivables | 920M | 848M | 976M | 1.1B | 1.1B | 939.9M | |
Common Stock Shares Outstanding | 265.6M | 256.6M | 248.1M | 235.6M | 227.4M | 305.0M | |
Liabilities And Stockholders Equity | 37.9B | 38.0B | 38.5B | 38.9B | 41.7B | 25.5B | |
Non Current Liabilities Total | 20.4B | 21.0B | 22.3B | 23.5B | 26.2B | 14.0B | |
Inventory | 244M | 221M | 218M | 253M | 264M | 155.8M | |
Other Current Assets | 288M | 337M | 134M | 150M | 292M | 165.1M | |
Other Stockholder Equity | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 1.8B | |
Total Liab | 22.7B | 23.2B | 24.9B | 26.2B | 28.9B | 16.0B | |
Total Current Assets | 2.1B | 2.3B | 2.2B | 2.0B | 3.3B | 2.1B | |
Short Term Debt | 316M | 579M | 553M | 703M | 109M | 103.6M | |
Accounts Payable | 1.4B | 1.0B | 1.4B | 1.3B | 997M | 1.1B | |
Current Deferred Revenue | 229M | 263M | 305M | 7.3B | 262M | 497.3M | |
Common Stock Total Equity | 259M | 254M | 242M | 230M | 207M | 259.0M | |
Property Plant And Equipment Gross | 31.6B | 31.7B | 43.7B | 44.7B | 46.6B | 24.9B | |
Accumulated Other Comprehensive Income | (491M) | (594M) | (402M) | (351M) | (320M) | (336M) | |
Common Stock | 259M | 254M | 242M | 230M | 227M | 256.5M | |
Other Liab | 7.8B | 8.9B | 9.0B | 8.2B | 9.4B | 9.9B | |
Other Assets | 1.0B | 35.6B | 966M | 621M | 714.2M | 678.4M | |
Long Term Debt | 11.9B | 12.1B | 13.3B | 14.5B | 17.2B | 10.0B | |
Property Plant Equipment | 31.6B | 31.3B | 31.7B | 32.2B | 37.0B | 26.3B | |
Net Tangible Assets | 15.2B | 14.8B | 13.6B | 12.7B | 14.6B | 14.0B | |
Retained Earnings Total Equity | 13.2B | 12.9B | 11.6B | 10.7B | 12.3B | 9.6B | |
Long Term Debt Total | 11.9B | 12.1B | 13.3B | 14.5B | 16.7B | 11.0B | |
Capital Surpluse | 2.2B | 2.2B | 2.2B | 2.2B | 2.5B | 2.3B |
Norfolk Southern Investors Sentiment
The influence of Norfolk Southern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Norfolk. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Norfolk Southern's public news can be used to forecast risks associated with an investment in Norfolk. The trend in average sentiment can be used to explain how an investor holding Norfolk can time the market purely based on public headlines and social activities around Norfolk Southern. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Norfolk Southern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Norfolk Southern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Norfolk Southern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Norfolk Southern.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Norfolk Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Norfolk Southern's short interest history, or implied volatility extrapolated from Norfolk Southern options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Norfolk Stock analysis
When running Norfolk Southern's price analysis, check to measure Norfolk Southern'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 Norfolk Southern is operating at the current time. Most of Norfolk Southern's value examination focuses on studying past and present price action to predict the probability of Norfolk Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norfolk Southern's price. Additionally, you may evaluate how the addition of Norfolk Southern to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Norfolk Southern'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 Norfolk Southern. If investors know Norfolk 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 Norfolk Southern 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 (0.89) | Dividend Share 5.4 | Earnings Share 6.22 | Revenue Per Share 53.121 | Quarterly Revenue Growth (0.04) |
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern'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 Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern'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 Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern'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.