NorthWestern Total Assets vs Common Stock Shares Outstanding Analysis

NWE Stock  USD 51.02  0.15  0.29%   
NorthWestern financial indicator trend analysis is infinitely more than just investigating NorthWestern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthWestern is a good investment. Please check the relationship between NorthWestern Total Assets and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWestern Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NorthWestern's Total Assets and Common Stock Shares Outstanding is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of NorthWestern, assuming nothing else is changed. The correlation between historical values of NorthWestern's Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of NorthWestern are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., NorthWestern's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of NorthWestern 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 NorthWestern 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from NorthWestern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthWestern 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 NorthWestern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.At present, NorthWestern's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.70, whereas Issuance Of Capital Stock is forecasted to decline to about 127.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit946.8M985.8M781.4M484.9M
Total Revenue1.4B1.5B1.4B1.3B

NorthWestern fundamental ratios Correlations

0.980.970.50.60.80.840.070.970.740.75-0.030.840.36-0.030.85-0.740.980.750.550.820.980.730.750.08-0.74
0.981.00.530.580.820.850.01.00.760.78-0.020.850.41-0.020.84-0.691.00.770.60.830.990.750.780.05-0.69
0.971.00.50.580.810.850.031.00.760.73-0.010.860.41-0.010.81-0.680.990.720.560.830.990.740.740.09-0.68
0.50.530.50.110.80.76-0.630.50.820.63-0.020.740.66-0.020.62-0.280.510.750.630.770.490.860.67-0.33-0.28
0.60.580.580.110.460.50.280.580.250.530.490.550.030.490.73-0.770.540.510.440.560.630.420.650.79-0.77
0.80.820.810.80.460.99-0.320.810.970.720.050.990.680.050.83-0.570.790.770.620.990.80.980.77-0.04-0.57
0.840.850.850.760.50.99-0.190.850.940.690.070.990.620.070.84-0.640.830.720.590.990.840.940.760.01-0.64
0.070.00.03-0.630.28-0.32-0.190.03-0.41-0.270.21-0.19-0.570.21-0.07-0.410.04-0.43-0.37-0.260.07-0.49-0.230.37-0.41
0.971.01.00.50.580.810.850.030.760.73-0.020.850.41-0.020.81-0.670.990.720.560.820.990.740.740.08-0.67
0.740.760.760.820.250.970.94-0.410.760.68-0.130.930.75-0.130.73-0.420.750.720.570.930.730.950.68-0.23-0.42
0.750.780.730.630.530.720.69-0.270.730.680.080.710.330.080.88-0.570.740.880.880.730.760.730.930.0-0.57
-0.03-0.02-0.01-0.020.490.050.070.21-0.02-0.130.080.1-0.131.00.27-0.35-0.040.090.010.140.040.050.250.46-0.35
0.840.850.860.740.550.990.99-0.190.850.930.710.10.650.10.86-0.670.840.750.60.990.850.950.790.06-0.67
0.360.410.410.660.030.680.62-0.570.410.750.33-0.130.65-0.130.4-0.150.410.560.240.630.40.740.42-0.29-0.15
-0.03-0.02-0.01-0.020.490.050.070.21-0.02-0.130.081.00.1-0.130.27-0.35-0.040.090.010.140.040.050.250.46-0.35
0.850.840.810.620.730.830.84-0.070.810.730.880.270.860.40.27-0.840.810.840.750.870.850.820.950.2-0.84
-0.74-0.69-0.68-0.28-0.77-0.57-0.64-0.41-0.67-0.42-0.57-0.35-0.67-0.15-0.35-0.84-0.7-0.54-0.45-0.64-0.75-0.5-0.73-0.331.0
0.981.00.990.510.540.790.830.040.990.750.74-0.040.840.41-0.040.81-0.70.730.570.80.990.720.750.01-0.7
0.750.770.720.750.510.770.72-0.430.720.720.880.090.750.560.090.84-0.540.730.710.780.740.830.89-0.02-0.54
0.550.60.560.630.440.620.59-0.370.560.570.880.010.60.240.010.75-0.450.570.710.630.590.670.870.0-0.46
0.820.830.830.770.560.990.99-0.260.820.930.730.140.990.630.140.87-0.640.80.780.630.820.970.80.07-0.64
0.980.990.990.490.630.80.840.070.990.730.760.040.850.40.040.85-0.750.990.740.590.820.730.790.12-0.75
0.730.750.740.860.420.980.94-0.490.740.950.730.050.950.740.050.82-0.50.720.830.670.970.730.8-0.06-0.5
0.750.780.740.670.650.770.76-0.230.740.680.930.250.790.420.250.95-0.730.750.890.870.80.790.80.11-0.73
0.080.050.09-0.330.79-0.040.010.370.08-0.230.00.460.06-0.290.460.2-0.330.01-0.020.00.070.12-0.060.11-0.33
-0.74-0.69-0.68-0.28-0.77-0.57-0.64-0.41-0.67-0.42-0.57-0.35-0.67-0.15-0.35-0.841.0-0.7-0.54-0.46-0.64-0.75-0.5-0.73-0.33
Click cells to compare fundamentals

NorthWestern Account Relationship Matchups

NorthWestern fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.8M50.7M51.9M56.3M60.5M38.9M
Total Assets5.9B6.4B6.8B7.3B7.6B3.9B
Short Long Term Debt Total2.3B2.4B2.6B2.6B2.8B1.5B
Other Current Liab235.1M55.9M232.5M245.6M279.6M293.6M
Total Current Liabilities334.3M466.4M379.6M620.8M534.9M491.8M
Total Stockholder Equity2.0B2.1B2.3B2.7B2.8B2.9B
Property Plant And Equipment Net5.3B5.0B5.2B5.7B6.0B6.3B
Net Debt2.2B2.4B2.6B2.6B2.8B1.5B
Retained Earnings635.2M670.1M728.5M771.4M811.5M852.1M
Accounts Payable96.7M100.4M115.2M201.5M124.3M92.8M
Cash5.1M5.8M2.8M8.5M9.2M13.3M
Non Current Assets Total5.6B6.1B6.3B6.8B7.2B7.6B
Non Currrent Assets Other66.3M770.2M737.8M224.9M796.3M836.1M
Cash And Short Term Investments5.1M5.8M2.8M8.5M9.2M13.3M
Net Receivables167.4M168.2M198.7M245.0M212.3M197.2M
Common Stock Total Equity530K539K541K633K569.7K541.2K
Liabilities And Stockholders Equity5.9B6.4B6.8B7.3B7.6B3.9B
Non Current Liabilities Total3.5B3.8B4.1B4.0B4.3B2.2B
Inventory53.9M61.0M80.6M107.4M114.5M68.7M
Other Current Assets68.3M45.0M115.5M164.1M55.0M78.1M
Other Stockholder Equity1.4B1.4B1.6B1.9B2.0B2.1B
Total Liab3.9B4.3B4.4B4.7B4.8B2.8B
Property Plant And Equipment Gross4.7B5.0B7.3B7.8B8.3B8.7B
Total Current Assets301.6M308.7M437.8M538.8M407.0M375.4M
Accumulated Other Comprehensive Income(9.6M)(7.3M)(7.3M)(7.8M)(7.7M)(7.3M)
Short Term Debt2.5M102.7M2.9M147.6M103.3M145.7M
Other Liab1.3B1.5B1.5B1.5B1.8B959.4M
Other Assets528.6M752.0M737.8M763.9M878.5M922.4M
Long Term Debt2.2B2.3B2.5B2.5B2.7B1.6B
Property Plant Equipment4.7B5.0B5.2B5.7B6.5B6.8B
Treasury Stock(95.5M)(96.0M)(98.1M)(98.4M)(88.6M)(93.0M)
Net Tangible Assets1.7B1.7B2.0B2.3B2.7B1.4B
Retained Earnings Total Equity548.3M635.2M670.1M771.4M887.1M931.5M
Long Term Debt Total2.1B2.3B2.3B2.5B2.8B1.9B
Capital Surpluse1.5B1.5B1.5B2.0B2.3B1.4B

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When determining whether NorthWestern is a strong investment it is important to analyze NorthWestern'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 NorthWestern's future performance. For an informed investment choice regarding NorthWestern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is NorthWestern'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 NorthWestern. If investors know NorthWestern 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 NorthWestern 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
0.013
Dividend Share
2.57
Earnings Share
3.23
Revenue Per Share
23.774
Quarterly Revenue Growth
0.046
The market value of NorthWestern is measured differently than its book value, which is the value of NorthWestern that is recorded on the company's balance sheet. Investors also form their own opinion of NorthWestern's value that differs from its market value or its book value, called intrinsic value, which is NorthWestern'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 NorthWestern's market value can be influenced by many factors that don't directly affect NorthWestern'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 NorthWestern's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthWestern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthWestern'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.