Northern Long Term Debt Total vs Net Tangible Assets Analysis

NTRS Stock  USD 83.38  0.06  0.07%   
Northern Trust financial indicator trend analysis is infinitely more than just investigating Northern Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Trust is a good investment. Please check the relationship between Northern Trust Long Term Debt Total and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.

Long Term Debt Total vs Net Tangible Assets

Long Term Debt Total vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Trust Long Term Debt Total account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northern Trust's Long Term Debt Total and Net Tangible Assets is 0.7. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Northern Trust, assuming nothing else is changed. The correlation between historical values of Northern Trust's Long Term Debt Total and Net Tangible 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 Long Term Debt Total of Northern Trust are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt Total i.e., Northern Trust's Long Term Debt Total and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

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.
Most indicators from Northern Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Trust 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 Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.At this time, Northern Trust's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 349.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B6.7B12.1B12.7B
Total Revenue6.5B6.7B12.1B12.7B

Northern Trust fundamental ratios Correlations

0.10.260.660.710.310.57-0.160.150.220.590.57-0.060.310.060.160.510.110.10.250.03-0.060.170.170.02-0.23
0.10.41-0.01-0.020.830.80.250.75-0.090.22-0.470.2-0.06-0.02-0.690.070.730.390.340.190.680.420.540.980.61
0.260.41-0.060.060.780.54-0.320.830.590.59-0.050.83-0.160.71-0.680.720.130.54-0.330.760.690.720.010.470.76
0.66-0.01-0.060.99-0.080.170.18-0.27-0.180.320.78-0.330.26-0.340.320.30.040.290.45-0.38-0.21-0.09-0.05-0.14-0.21
0.71-0.020.060.990.00.20.15-0.19-0.110.380.78-0.240.24-0.250.250.40.030.360.39-0.29-0.13-0.07-0.07-0.14-0.16
0.310.830.78-0.080.00.84-0.020.960.270.52-0.360.56-0.180.4-0.820.390.580.430.040.540.830.590.470.850.67
0.570.80.540.170.20.84-0.10.740.250.46-0.170.270.20.18-0.450.370.520.30.180.360.470.540.520.770.39
-0.160.25-0.320.180.15-0.02-0.1-0.11-0.95-0.43-0.21-0.43-0.47-0.72-0.09-0.190.230.410.69-0.530.11-0.540.030.110.11
0.150.750.83-0.27-0.190.960.74-0.110.360.42-0.470.72-0.240.53-0.870.390.440.4-0.090.70.850.630.390.810.74
0.22-0.090.59-0.18-0.110.270.25-0.950.360.560.160.630.340.85-0.140.39-0.16-0.18-0.70.70.130.68-0.020.040.14
0.590.220.590.320.380.520.46-0.430.420.560.430.29-0.030.62-0.280.370.42-0.04-0.220.260.340.650.260.290.13
0.57-0.47-0.050.780.78-0.36-0.17-0.21-0.470.160.43-0.180.210.030.550.39-0.34-0.060.05-0.2-0.440.05-0.37-0.51-0.38
-0.060.20.83-0.33-0.240.560.27-0.430.720.630.29-0.18-0.270.8-0.610.56-0.210.28-0.410.960.590.67-0.130.320.68
0.31-0.06-0.160.260.24-0.180.2-0.47-0.240.34-0.030.21-0.27-0.220.40.01-0.04-0.06-0.09-0.17-0.39-0.1-0.01-0.13-0.35
0.06-0.020.71-0.34-0.250.40.18-0.720.530.850.620.030.8-0.22-0.390.37-0.09-0.16-0.660.810.370.770.030.150.34
0.16-0.69-0.680.320.25-0.82-0.45-0.09-0.87-0.14-0.280.55-0.610.4-0.39-0.21-0.48-0.450.07-0.5-0.99-0.45-0.3-0.75-0.79
0.510.070.720.30.40.390.37-0.190.390.390.370.390.560.010.37-0.21-0.320.6-0.120.530.270.48-0.420.020.48
0.110.730.130.040.030.580.520.230.44-0.160.42-0.34-0.21-0.04-0.09-0.48-0.320.050.24-0.260.490.160.680.720.2
0.10.390.540.290.360.430.30.410.4-0.18-0.04-0.060.28-0.06-0.16-0.450.60.050.190.150.470.05-0.20.270.7
0.250.34-0.330.450.390.040.180.69-0.09-0.7-0.220.05-0.41-0.09-0.660.07-0.120.240.19-0.45-0.02-0.370.070.21-0.12
0.030.190.76-0.38-0.290.540.36-0.530.70.70.26-0.20.96-0.170.81-0.50.53-0.260.15-0.450.470.69-0.010.30.55
-0.060.680.69-0.21-0.130.830.470.110.850.130.34-0.440.59-0.390.37-0.990.270.490.47-0.020.470.440.290.730.75
0.170.420.72-0.09-0.070.590.54-0.540.630.680.650.050.67-0.10.77-0.450.480.160.05-0.370.690.440.130.530.56
0.170.540.01-0.05-0.070.470.520.030.39-0.020.26-0.37-0.13-0.010.03-0.3-0.420.68-0.20.07-0.010.290.130.57-0.07
0.020.980.47-0.14-0.140.850.770.110.810.040.29-0.510.32-0.130.15-0.750.020.720.270.210.30.730.530.570.63
-0.230.610.76-0.21-0.160.670.390.110.740.140.13-0.380.68-0.350.34-0.790.480.20.7-0.120.550.750.56-0.070.63
Click cells to compare fundamentals

Northern Trust Account Relationship Matchups

Northern Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding215.6M209.0M208.9M208.9M207.6M242.2M
Total Assets136.8B170.0B183.9B155.0B150.8B80.5B
Short Long Term Debt Total11.8B8.6B7.2B12.4B17.2B18.1B
Other Current Liab(7.8B)43.1B(499.8M)25.3B22.8B21.7B
Total Current Liabilities7.8B48.0B499.8M35.5B26.7B51.3B
Total Stockholder Equity11.1B11.7B12.0B11.3B11.9B12.5B
Property Plant And Equipment Net483.3M514.9M488.7M500.5M502.2M463.6M
Net Debt7.3B4.2B4.2B7.7B(23.8B)(22.6B)
Retained Earnings11.7B12.2B13.1B13.8B14.2B14.9B
Cash4.5B4.4B3.1B4.7B41.1B43.1B
Non Current Assets Total53.4B62.3B63.9B(719.7M)108.7B114.2B
Non Currrent Assets Other(53.4B)(62.3B)(63.9B)(55.5B)7.9B8.3B
Other Assets25.9B23.1B34.8B147.5B169.6B178.1B
Cash And Short Term Investments4.5B4.4B3.1B4.7B1.5B1.5B
Liabilities And Stockholders Equity136.8B170.0B183.9B155.0B150.8B80.5B
Non Current Liabilities Total4.0B8.6B7.2B1.3B112.2B117.8B
Other Stockholder Equity(11.5B)(12.6B)(13.1B)(12.2B)(13.1B)(12.4B)
Total Liab125.7B8.6B7.2B143.8B138.9B145.8B
Total Current Assets57.5B84.6B85.2B8.3B42.1B29.6B
Accumulated Other Comprehensive Income(194.7M)428M(35.6M)(1.6B)(1.1B)(1.1B)
Short Term Debt7.8B4.9B499.8M10.1B3.8B3.6B
Net Receivables845.7M1.2B1.9B1.7B212.6M202.0M
Property Plant And Equipment Gross483.3M514.9M488.7M1.3B1.3B1.4B
Common Stock9.8B10.8B11.1B10.4B11.0B11.6B
Other Liab2.5B5.5B4.2B2.4B2.7B3.1B
Accounts Payable109.1B143.9B159.9B123.9B142.5B83.3B
Long Term Debt10.5B8.3B7.2B12.4B13.4B7.5B
Good Will696.8M707.2M706.2M691.3M702.3M507.5M
Short Term Investments13.4B19.2B13.6B26.7B10.1B13.5B
Inventory6.5B11.1B6.7B68.6B(1.7B)(1.7B)
Treasury Stock(2.2B)(3.1B)(3.2B)(3.3B)(3.0B)(2.8B)
Intangible Assets120.6M1.7B1.8B2.0B2.1B2.2B
Property Plant Equipment483.3M514.9M488.7M985.3M1.1B1.2B
Other Current Assets45.7B68.0B73.5B(66.7B)42.1B44.2B
Retained Earnings Total Equity10.8B11.7B12.2B13.1B15.1B8.6B
Net Tangible Assets9.1B10.1B10.4B7.6B8.8B9.1B
Long Term Debt Total11.0B10.5B8.3B7.2B8.3B8.0B
Capital Surpluse1.1B1.0B963.6M939.3M845.4M811.6M

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When determining whether Northern Trust is a strong investment it is important to analyze Northern Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Trust's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Northern Trust'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 Trust. 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 Trust 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
(0.36)
Dividend Share
3
Earnings Share
4.53
Revenue Per Share
32.345
Quarterly Revenue Growth
(0.04)
The market value of Northern Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust'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 Trust's market value can be influenced by many factors that don't directly affect Northern Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust'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.