Northern Historical Financial Ratios
| NOG Stock | USD 42.97 0.14 0.32% |
Northern Oil is lately reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 117 will help investors to properly organize and evaluate Northern Oil Gas financial condition quickly.
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About Northern Financial Ratios Analysis
Northern Oil GasFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Northern Oil investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Northern financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Northern Oil history.
Northern Oil Financial Ratios Chart
Northern Oil Gas financial ratios usually calculated using numerical values taken directly from Northern Oil financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Northern Oil. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Northern Oil's Invested Capital is most likely to increase slightly in the upcoming years. The Northern Oil's current PB Ratio is estimated to increase to 1.74, while Dividend Yield is projected to decrease to 0.03. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Northern Oil Gas stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Northern Oil sales, a figure that is much harder to manipulate than other Northern Oil Gas multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Northern Oil Gas dividend as a percentage of Northern Oil stock price. Northern Oil Gas dividend yield is a measure of Northern Oil stock productivity, which can be interpreted as interest rate earned on an Northern Oil investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Northern Oil's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Northern Oil's Invested Capital is most likely to increase slightly in the upcoming years. The Northern Oil's current PB Ratio is estimated to increase to 1.74, while Dividend Yield is projected to decrease to 0.03.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0303 | 0.0365 | 0.0347 | Price To Sales Ratio | 1.22 | 1.78 | 1.69 |
Northern Oil fundamentals Correlations
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Northern Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Northern Stock analysis
When running Northern Oil's price analysis, check to measure Northern Oil'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 Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil'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 Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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Is Northern Oil'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 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 1.379 | Dividend Share 1.49 | Earnings Share 10.03 | Revenue Per Share 19.095 | Quarterly Revenue Growth 0.226 |
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.