Northern Net Income From Continuing Ops vs Other Operating Expenses Analysis

NTRS Stock  USD 84.62  1.12  1.34%   
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 Net Income From Continuing Ops and its Other Operating Expenses 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.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Trust Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Northern Trust's Net Income From Continuing Ops and Other Operating Expenses is 0.36. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses 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 Net Income From Continuing Ops and Other Operating Expenses 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 Income From Continuing Ops of Northern Trust are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Northern Trust's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Northern Trust. It is also known as Northern Trust overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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)
Operating Income2.0B2.3B1.5B995.8M
Other Operating Expenses4.5B4.5B10.7B11.2B

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

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 Architect
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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Northern Stock analysis

When running Northern Trust's price analysis, check to measure Northern Trust'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 Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance
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.