Northern Historical Balance Sheet

NOG Stock

USD 39.66 0.58 1.48%

Trend analysis of Northern Oil Gas balance sheet accounts such as Net Debt of 1.9 B provides information on Northern Oil's total assets, liabilities, and equity, which is the actual value of Northern Oil Gas to its prevalent stockholders. By breaking down trends over time using Northern Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Northern Oil Gas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northern Oil Gas is a good buy for the upcoming year.

Northern Oil Inventory

0.95

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Northern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Northern Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Northern Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.

Northern Oil Balance Sheet Chart

At this time, Northern Oil's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Northern Oil's current Net Debt is estimated to increase to about 1.9 B, while Accumulated Other Comprehensive Income is projected to decrease to 0.00.

Short Long Term Debt Total Total Current Liabilities Net Debt Common Stock Total Equity Accounts Payable

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Total Current Liabilities

Total Current Liabilities is an item on Northern Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northern Oil Gas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Accounts Payable

An accounting item on the balance sheet that represents Northern Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Northern Oil Gas are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Northern Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Northern Oil Gas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	327.6M	345.0M	385.8M	405.0M
Short and Long Term Debt Total	803.6M	1.5B	1.8B	1.9B

Total Current Liabilities Short Long Term Debt Total

Northern Oil balance sheet Correlations

	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Accounts Payable	Other Current Liab	Current Deferred Revenue	Total Assets	Property Plant And Equipment Net	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Non Currrent Assets Other	Other Assets
Short Long Term Debt Total		0.46	0.22	0.79	-0.16	0.32	0.42	0.78	0.65	0.74	0.05	0.31	0.41	0.36	-0.04	0.51	0.49	0.31	0.49	0.31	0.46	0.46	0.59	0.47	0.44	-0.01
Total Current Liabilities	0.46		0.76	0.8	-0.08	0.8	0.86	0.84	0.34	0.89	-0.51	0.8	0.7	0.86	0.1	0.89	0.88	-0.19	0.89	-0.19	0.64	0.89	0.89	0.91	0.14	0.1
Total Stockholder Equity	0.22	0.76		0.63	0.48	0.55	0.7	0.67	-0.02	0.7	-0.41	0.53	0.75	0.58	-0.03	0.93	0.94	-0.31	0.93	-0.31	0.84	0.83	0.85	0.9	-0.05	-0.13
Net Debt	0.79	0.8	0.63		-0.18	0.78	0.85	0.99	0.57	0.98	-0.45	0.76	0.5	0.71	0.22	0.86	0.86	-0.03	0.86	-0.03	0.74	0.83	0.88	0.84	0.36	0.16
Retained Earnings	-0.16	-0.08	0.48	-0.18		-0.45	-0.26	-0.13	-0.51	-0.12	0.35	-0.48	0.53	-0.29	-0.49	0.2	0.22	-0.11	0.22	-0.11	0.26	0.02	0.09	0.18	-0.42	-0.52
Common Stock Total Equity	0.32	0.8	0.55	0.78	-0.45		0.91	0.76	0.46	0.79	-0.82	1.0	0.22	0.81	0.51	0.72	0.71	-0.25	0.71	-0.25	0.58	0.76	0.74	0.71	0.36	0.41
Common Stock Shares Outstanding	0.42	0.86	0.7	0.85	-0.26	0.91		0.87	0.34	0.89	-0.72	0.92	0.35	0.87	0.3	0.85	0.85	-0.22	0.85	-0.22	0.72	0.94	0.87	0.83	0.31	0.22
Non Current Liabilities Total	0.78	0.84	0.67	0.99	-0.13	0.76	0.87		0.52	1.0	-0.43	0.75	0.56	0.75	0.16	0.89	0.89	-0.01	0.89	-0.01	0.74	0.87	0.91	0.87	0.32	0.1
Other Stockholder Equity	0.65	0.34	-0.02	0.57	-0.51	0.46	0.34	0.52		0.5	-0.17	0.45	0.12	0.37	-0.07	0.25	0.22	0.2	0.23	0.2	0.28	0.26	0.42	0.2	0.44	0.06
Total Liab	0.74	0.89	0.7	0.98	-0.12	0.79	0.89	1.0	0.5		-0.45	0.78	0.59	0.78	0.15	0.91	0.9	-0.04	0.91	-0.04	0.74	0.89	0.93	0.9	0.3	0.1
Short Term Debt	0.05	-0.51	-0.41	-0.45	0.35	-0.82	-0.72	-0.43	-0.17	-0.45		-0.82	0.08	-0.66	-0.54	-0.47	-0.46	0.37	-0.47	0.37	-0.4	-0.56	-0.47	-0.46	-0.4	-0.32
Common Stock	0.31	0.8	0.53	0.76	-0.48	1.0	0.92	0.75	0.45	0.78	-0.82		0.2	0.83	0.51	0.7	0.69	-0.25	0.7	-0.25	0.54	0.76	0.72	0.7	0.36	0.4
Accounts Payable	0.41	0.7	0.75	0.5	0.53	0.22	0.35	0.56	0.12	0.59	0.08	0.2		0.34	-0.34	0.73	0.73	-0.08	0.73	-0.08	0.54	0.55	0.69	0.75	-0.22	-0.21
Other Current Liab	0.36	0.86	0.58	0.71	-0.29	0.81	0.87	0.75	0.37	0.78	-0.66	0.83	0.34		0.13	0.74	0.72	-0.14	0.73	-0.14	0.52	0.87	0.75	0.76	0.3	-0.1
Current Deferred Revenue	-0.04	0.1	-0.03	0.22	-0.49	0.51	0.3	0.16	-0.07	0.15	-0.54	0.51	-0.34	0.13		0.06	0.07	-0.13	0.07	-0.13	-0.02	0.02	-0.02	0.1	0.24	0.66
Total Assets	0.51	0.89	0.93	0.86	0.2	0.72	0.85	0.89	0.25	0.91	-0.47	0.7	0.73	0.74	0.06		1.0	-0.2	1.0	-0.2	0.86	0.93	0.96	0.97	0.13	-0.02
Property Plant And Equipment Net	0.49	0.88	0.94	0.86	0.22	0.71	0.85	0.89	0.22	0.9	-0.46	0.69	0.73	0.72	0.07	1.0		-0.21	1.0	-0.21	0.86	0.93	0.95	0.98	0.1	-0.03
Cash	0.31	-0.19	-0.31	-0.03	-0.11	-0.25	-0.22	-0.01	0.2	-0.04	0.37	-0.25	-0.08	-0.14	-0.13	-0.2	-0.21		-0.21	1.0	-0.1	-0.19	-0.09	-0.24	0.12	-0.18
Non Current Assets Total	0.49	0.89	0.93	0.86	0.22	0.71	0.85	0.89	0.23	0.91	-0.47	0.7	0.73	0.73	0.07	1.0	1.0	-0.21		-0.21	0.86	0.93	0.95	0.98	0.11	-0.03
Cash And Short Term Investments	0.31	-0.19	-0.31	-0.03	-0.11	-0.25	-0.22	-0.01	0.2	-0.04	0.37	-0.25	-0.08	-0.14	-0.13	-0.2	-0.21	1.0	-0.21		-0.1	-0.19	-0.09	-0.24	0.12	-0.18
Other Current Assets	0.46	0.64	0.84	0.74	0.26	0.58	0.72	0.74	0.28	0.74	-0.4	0.54	0.54	0.52	-0.02	0.86	0.86	-0.1	0.86	-0.1		0.81	0.87	0.73	0.17	0.0
Property Plant And Equipment Gross	0.46	0.89	0.83	0.83	0.02	0.76	0.94	0.87	0.26	0.89	-0.56	0.76	0.55	0.87	0.02	0.93	0.93	-0.19	0.93	-0.19	0.81		0.93	0.9	0.2	-0.03
Total Current Assets	0.59	0.89	0.85	0.88	0.09	0.74	0.87	0.91	0.42	0.93	-0.47	0.72	0.69	0.75	-0.02	0.96	0.95	-0.09	0.95	-0.09	0.87	0.93		0.9	0.27	0.02
Property Plant Equipment	0.47	0.91	0.9	0.84	0.18	0.71	0.83	0.87	0.2	0.9	-0.46	0.7	0.75	0.76	0.1	0.97	0.98	-0.24	0.98	-0.24	0.73	0.9	0.9		0.07	-0.04
Non Currrent Assets Other	0.44	0.14	-0.05	0.36	-0.42	0.36	0.31	0.32	0.44	0.3	-0.4	0.36	-0.22	0.3	0.24	0.13	0.1	0.12	0.11	0.12	0.17	0.2	0.27	0.07		0.15
Other Assets	-0.01	0.1	-0.13	0.16	-0.52	0.41	0.22	0.1	0.06	0.1	-0.32	0.4	-0.21	-0.1	0.66	-0.02	-0.03	-0.18	-0.03	-0.18	0.0	-0.03	0.02	-0.04	0.15

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Northern Oil Account Relationship Matchups

Northern Oil balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Short Long Term Debt Total	1.1B	944.8M	803.6M	1.5B	1.8B	1.9B
Total Current Liabilities	203.5M	182.5M	327.6M	345.0M	385.8M	405.0M
Total Stockholder Equity	558.6M	(223.3M)	215.1M	745.3M	2.0B	2.2B
Net Debt	1.1B	943.4M	793.9M	1.5B	1.8B	1.9B
Retained Earnings	(873.2M)	(1.8B)	(1.8B)	(1.0B)	(77.8M)	(81.7M)
Common Stock Total Equity	66.8K	378.3K	406K	448K	515.2K	541.0K
Common Stock Shares Outstanding	38.7M	42.7M	63.0M	86.7M	92.1M	96.7M
Non Current Liabilities Total	1.1B	912.9M	980.2M	1.8B	2.1B	2.2B
Other Stockholder Equity	1.4B	1.6B	2.0B	1.7B	2.1B	2.2B
Total Liab	1.3B	1.1B	1.3B	2.1B	2.4B	2.6B
Common Stock	406K	448K	479K	487K	503K	528.2K
Accounts Payable	69.4M	35.8M	65.5M	128.6M	192.7M	202.3M
Other Current Liab	134.1M	4.7M	262.1M	216.4M	193.1M	202.7M
Total Assets	1.9B	872.1M	1.5B	2.9B	4.5B	4.7B
Property Plant And Equipment Net	1.7B	735.2M	1.3B	2.5B	3.9B	4.1B
Cash	16.1M	1.4M	9.5M	2.5M	8.2M	7.8M
Non Current Assets Total	1.8B	746.5M	1.3B	2.6B	4.0B	4.2B
Cash And Short Term Investments	16.1M	1.4M	9.5M	2.5M	8.2M	7.8M
Liabilities And Stockholders Equity	1.9B	872.1M	1.5B	2.9B	4.5B	4.7B
Other Current Assets	2.0M	1.4M	3.4M	2.0M	127.4M	133.8M
Property Plant And Equipment Gross	1.7B	735.2M	5.1B	6.5B	8.5B	8.9B
Total Current Assets	133.0M	125.6M	215.3M	320.5M	509.4M	534.9M
Property Plant Equipment	1.7B	735.2M	1.3B	2.5B	2.9B	3.0B
Non Currrent Assets Other	23.6M	6.7M	48.3M	56.0M	30.2M	31.7M
Other Assets	23.8M	744.0M	54.2M	71.8M	82.5M	78.1M
Net Receivables	108.5M	71.0M	193.6M	271.7M	373.8M	392.5M
Inventory	6.5M	51.8M	8.8M	44.3M	1.0	0.95
Other Liab	25.2M	32.6M	176.7M	259.5M	298.5M	313.4M
Long Term Debt	1.1B	879.8M	803.4M	1.5B	1.8B	1.9B
Net Tangible Assets	558.6M	(223.3M)	215.1M	745.3M	857.0M	899.9M
Long Term Debt Total	1.1B	879.8M	803.4M	1.5B	1.8B	1.1B
Capital Surpluse	1.4B	1.6B	2.0B	1.7B	2.0B	1.2B
Deferred Long Term Liab	9.8M	6.5M	5.7M	10.9M	12.5M	8.3M
Non Current Liabilities Other	346K	50K	3.1M	2.0M	2.7M	2.9M
Cash And Equivalents	16.1M	1.4M	9.5M	2.5M	2.3M	2.2M

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Additional Information and Resources on Investing in Northern Stock

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil'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 Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:

How To Invest In Northern

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Is Northern Stock a good investment?

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What is Northern Oil's Net Worth?

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You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Is Oil & Gas Exploration & Production space 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 Oil. 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 Oil 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

(0.28)

Dividend Share

1.58

Earnings Share

5.68

Revenue Per Share

20.065

Quarterly Revenue Growth

0.351

The market value of Northern Oil Gas 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil'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 Oil's market value can be influenced by many factors that don't directly affect Northern Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Northern Historical Balance Sheet

Northern Oil Inventory

0.95

About Northern Balance Sheet Analysis

Northern Oil Balance Sheet Chart

Total Current Liabilities

Net Debt

Common Stock Total Equity

Accounts Payable

Northern Oil balance sheet Correlations

Northern Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Oil balance sheet Accounts

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Additional Information and Resources on Investing in Northern Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Common Stock	- 0.82	Short Term Debt
Short Term Debt	- 0.82	Common Stock Total Equity
Short Term Debt	- 0.72	Common Stock Shares Outstanding
Other Current Liab	- 0.66	Short Term Debt
Property Plant And Equipment Gross	- 0.56	Short Term Debt
Current Deferred Revenue	- 0.54	Short Term Debt