Northwest Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

NWN Stock  USD 38.10  0.26  0.68%   
Northwest Natural financial indicator trend analysis is infinitely more than just investigating Northwest Natural Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Natural Gas is a good investment. Please check the relationship between Northwest Natural Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Natural 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 housing.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Natural Gas Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Northwest Natural's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Northwest Natural Gas, assuming nothing else is changed. The correlation between historical values of Northwest Natural's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Northwest Natural Gas 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 Property Plant And Equipment Net i.e., Northwest Natural's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Northwest Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Natural 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 Northwest Natural 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 housing.
At this time, Northwest Natural's Discontinued Operations is very stable compared to the past year. As of the 10th of May 2024, Issuance Of Capital Stock is likely to grow to about 69.2 M, while Selling General Administrative is likely to drop about 8 M.
 2021 2022 2023 2024 (projected)
Gross Profit329.1M341.2M152.6M234.0M
Total Revenue860.4M1.0B1.2B695.7M

Northwest Natural fundamental ratios Correlations

0.830.960.890.760.830.78-0.220.780.470.790.790.78-0.010.780.790.960.990.620.90.230.780.970.750.550.98
0.830.730.670.820.960.96-0.260.870.720.820.450.970.090.430.820.730.840.70.650.040.960.730.80.610.78
0.960.730.910.780.770.74-0.140.810.310.780.880.72-0.140.850.790.950.940.560.870.190.730.980.740.60.96
0.890.670.910.740.750.65-0.270.730.250.830.80.64-0.010.790.840.910.850.630.90.10.660.920.830.40.92
0.760.820.780.740.850.9-0.210.950.460.880.510.89-0.160.440.920.660.710.580.59-0.20.920.720.890.850.69
0.830.960.770.750.850.95-0.30.930.650.850.550.970.10.520.890.760.820.760.690.060.960.770.90.580.8
0.780.960.740.650.90.95-0.140.950.610.860.451.0-0.10.40.850.670.780.590.56-0.080.990.720.820.720.73
-0.22-0.26-0.14-0.27-0.21-0.3-0.14-0.14-0.6-0.11-0.08-0.19-0.49-0.09-0.3-0.17-0.2-0.62-0.340.04-0.21-0.11-0.41-0.14-0.16
0.780.870.810.730.950.930.95-0.140.490.880.590.94-0.130.530.90.720.760.630.62-0.060.960.770.880.750.74
0.470.720.310.250.460.650.61-0.60.490.350.010.650.550.010.530.340.50.730.390.220.650.30.540.440.34
0.790.820.780.830.880.850.86-0.110.880.350.520.84-0.110.480.910.730.760.550.62-0.120.870.770.880.550.78
0.790.450.880.80.510.550.45-0.080.590.010.520.45-0.170.990.530.880.760.430.80.240.440.860.520.320.85
0.780.970.720.640.890.971.0-0.190.940.650.840.45-0.020.40.850.670.780.660.58-0.041.00.710.830.70.73
-0.010.09-0.14-0.01-0.160.1-0.1-0.49-0.130.55-0.11-0.17-0.02-0.110.090.040.010.580.170.53-0.01-0.10.17-0.27-0.06
0.780.430.850.790.440.520.4-0.090.530.010.480.990.4-0.110.490.870.750.450.830.310.390.850.480.250.84
0.790.820.790.840.920.890.85-0.30.90.530.910.530.850.090.490.760.750.710.68-0.030.880.770.980.640.75
0.960.730.950.910.660.760.67-0.170.720.340.730.880.670.040.870.760.950.620.920.320.670.970.710.420.97
0.990.840.940.850.710.820.78-0.20.760.50.760.760.780.010.750.750.950.610.880.260.770.950.70.520.97
0.620.70.560.630.580.760.59-0.620.630.730.550.430.660.580.450.710.620.610.750.360.670.570.80.330.57
0.90.650.870.90.590.690.56-0.340.620.390.620.80.580.170.830.680.920.880.750.40.580.910.70.340.9
0.230.040.190.1-0.20.06-0.080.04-0.060.22-0.120.24-0.040.530.31-0.030.320.260.360.4-0.060.29-0.01-0.240.22
0.780.960.730.660.920.960.99-0.210.960.650.870.441.0-0.010.390.880.670.770.670.58-0.060.70.860.720.72
0.970.730.980.920.720.770.72-0.110.770.30.770.860.71-0.10.850.770.970.950.570.910.290.70.720.490.97
0.750.80.740.830.890.90.82-0.410.880.540.880.520.830.170.480.980.710.70.80.7-0.010.860.720.580.71
0.550.610.60.40.850.580.72-0.140.750.440.550.320.7-0.270.250.640.420.520.330.34-0.240.720.490.580.44
0.980.780.960.920.690.80.73-0.160.740.340.780.850.73-0.060.840.750.970.970.570.90.220.720.970.710.44
Click cells to compare fundamentals

Northwest Natural Account Relationship Matchups

Northwest Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.8B4.1B4.7B4.9B5.2B
Common Stock Shares Outstanding29.9M30.6M30.8M34.0M36.3M27.2M
Short Long Term Debt Total1.0B1.3B1.5B1.7B1.7B1.8B
Other Current Liab123.1M106.9M177.1M367.7M293.1M307.7M
Total Current Liabilities482.2M627.1M724.8M898.7M696.9M419.1M
Total Stockholder Equity866.0M888.7M935.1M1.2B1.3B753.7M
Property Plant And Equipment Net2.6B2.9B3.1B3.3B3.4B1.9B
Current Deferred Revenue19.4M21.3M23.0M15.5M17.8M18.7M
Net Debt1.0B1.3B1.5B1.6B1.7B859.5M
Retained Earnings318.5M336.5M355.8M376.5M399.9M289.3M
Accounts Payable113.4M98.0M133.5M180.7M145.4M105.5M
Cash9.6M30.2M18.6M29.3M49.6M52.1M
Non Current Assets Total3.1B3.4B3.6B4.0B4.3B2.3B
Non Currrent Assets Other86.9M83.6M56.8M365.4M439.7M301.3M
Cash And Short Term Investments9.6M30.2M18.6M29.3M61.0M64.0M
Net Receivables122.9M148.8M181.6M254.7M201.0M143.2M
Common Stock Total Equity319.6M565.1M590.8M805.3M926.0M972.3M
Liabilities And Stockholders Equity3.4B3.8B4.1B4.7B4.9B2.6B
Non Current Liabilities Total2.1B2.2B2.4B2.7B3.0B3.1B
Inventory44.0M42.7M57.3M87.1M112.6M60.8M
Other Current Assets95.2M87.9M131.7M178.8M226.9M238.2M
Other Stockholder Equity44.1M(12.9M)935.1M(6.3M)1.3B1.3B
Total Liab2.6B2.9B3.1B3.6B3.7B1.9B
Property Plant And Equipment Gross2.6B2.9B4.0B4.3B4.8B5.0B
Total Current Assets293.7M323.2M437.3M744.2M601.4M318.5M
Accumulated Other Comprehensive Income(10.7M)(12.9M)(11.4M)(6.3M)(7.0M)(7.4M)
Short Term Debt226.3M401.0M391.1M350.4M243.0M196.6M
Common Stock558.3M565.1M590.8M805.3M891.0M935.5M
Other Liab1.3B1.3B1.3B1.3B1.6B1.6B
Other Assets629.5M582.4M521.1M437.0M502.5M402.7M
Long Term Debt806.0M860.1M1.0B1.2B1.4B739.0M
Property Plant Equipment2.4B2.7B2.9B3.1B3.6B1.9B
Short Term Investments15.3M13.7M48.1M194.4M11.4M10.8M
Good Will49.9M69.2M70.6M149.3M163.3M171.5M
Retained Earnings Total Equity318.5M336.5M355.8M376.5M432.9M221.3M
Deferred Long Term Liab343.1M1.4B1.4B1.4B1.6B1.7B
Net Tangible Assets816.1M819.5M864.6M1.0B1.2B907.1M
Long Term Investments98.2M55.4M100.0M100.7M103.0M103.1M
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 Northwest Natural 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, Northwest Natural's short interest history, or implied volatility extrapolated from Northwest Natural options trading.

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When determining whether Northwest Natural Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northwest Natural's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northwest Natural Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northwest Natural Gas Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Natural 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 housing.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Northwest Natural's price analysis, check to measure Northwest Natural'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 Northwest Natural is operating at the current time. Most of Northwest Natural's value examination focuses on studying past and present price action to predict the probability of Northwest Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Natural's price. Additionally, you may evaluate how the addition of Northwest Natural to your portfolios can decrease your overall portfolio volatility.
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Is Northwest Natural'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 Northwest Natural. If investors know Northwest 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 Northwest Natural 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
(0.16)
Dividend Share
1.945
Earnings Share
2.27
Revenue Per Share
31.795
Quarterly Revenue Growth
(0.06)
The market value of Northwest Natural Gas is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Natural's value that differs from its market value or its book value, called intrinsic value, which is Northwest Natural'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 Northwest Natural's market value can be influenced by many factors that don't directly affect Northwest Natural'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 Northwest Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Natural'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.