Northern Total Assets vs Total Current Assets Analysis

601999 Stock   6.95  0.07  1.00%   
Northern United financial indicator trend analysis is infinitely more than just investigating Northern United Publ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern United Publ is a good investment. Please check the relationship between Northern United Total Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern United Publ Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northern United's Total Assets and Total Current Assets is 0.54. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Northern United Publishing, assuming nothing else is changed. The correlation between historical values of Northern United's Total Assets and Total Current Assets 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 Northern United Publishing are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Northern United's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Northern United 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 Northern United Publ 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Northern United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern United Publ 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 270.9 M, whereas Tax Provision is projected to grow to (23.5 M).
 2021 2022 2023 2024 (projected)
Operating Income113.5M69.1M72.2M84.6M
Total Revenue2.9B2.6B2.4B1.9B

Northern United fundamental ratios Correlations

-0.020.930.970.970.870.650.840.390.89-0.010.940.030.710.77-0.10.820.8-0.780.760.790.220.650.54-0.180.71
-0.020.02-0.050.170.1-0.39-0.140.05-0.170.290.020.32-0.4-0.260.160.1-0.25-0.18-0.24-0.010.2-0.05-0.560.6-0.41
0.930.020.850.910.90.510.850.440.75-0.130.970.280.530.79-0.160.920.81-0.850.780.790.260.620.57-0.170.71
0.97-0.050.850.940.860.660.760.40.880.090.84-0.090.820.68-0.060.730.7-0.70.660.690.210.520.44-0.170.62
0.970.170.910.940.880.530.840.380.840.080.920.090.610.72-0.080.820.78-0.820.710.810.290.580.39-0.090.64
0.870.10.90.860.880.420.740.480.67-0.050.820.240.610.62-0.050.860.59-0.790.590.620.340.330.31-0.120.48
0.65-0.390.510.660.530.420.46-0.110.84-0.450.57-0.150.690.410.210.540.57-0.260.580.390.010.510.73-0.280.61
0.84-0.140.850.760.840.740.460.420.73-0.130.860.070.550.94-0.280.770.92-0.820.930.960.360.660.6-0.510.88
0.390.050.440.40.380.48-0.110.420.180.260.33-0.180.250.47-0.540.260.28-0.530.370.40.590.10.04-0.080.25
0.89-0.170.750.880.840.670.840.730.18-0.150.82-0.150.690.630.090.670.75-0.570.740.720.210.660.62-0.190.72
-0.010.29-0.130.090.08-0.05-0.45-0.130.26-0.15-0.15-0.210.03-0.15-0.06-0.32-0.170.05-0.3-0.09-0.05-0.23-0.50.25-0.27
0.940.020.970.840.920.820.570.860.330.82-0.150.20.50.81-0.130.860.85-0.810.820.850.220.770.63-0.160.77
0.030.320.28-0.090.090.24-0.150.07-0.18-0.15-0.210.2-0.240.010.420.490.0-0.190.020.00.01-0.01-0.020.04-0.02
0.71-0.40.530.820.610.610.690.550.250.690.030.5-0.240.540.010.470.54-0.330.490.40.050.280.45-0.50.54
0.77-0.260.790.680.720.620.410.940.470.63-0.150.810.010.54-0.470.690.91-0.80.930.920.20.720.69-0.60.92
-0.10.16-0.16-0.06-0.08-0.050.21-0.28-0.540.09-0.06-0.130.420.01-0.470.04-0.320.4-0.31-0.33-0.06-0.18-0.180.16-0.29
0.820.10.920.730.820.860.540.770.260.67-0.320.860.490.470.690.040.72-0.830.740.680.230.50.54-0.230.66
0.8-0.250.810.70.780.590.570.920.280.75-0.170.850.00.540.91-0.320.72-0.730.930.890.20.710.75-0.480.94
-0.78-0.18-0.85-0.7-0.82-0.79-0.26-0.82-0.53-0.570.05-0.81-0.19-0.33-0.80.4-0.83-0.73-0.78-0.82-0.26-0.51-0.420.19-0.66
0.76-0.240.780.660.710.590.580.930.370.74-0.30.820.020.490.93-0.310.740.93-0.780.910.290.750.8-0.580.97
0.79-0.010.790.690.810.620.390.960.40.72-0.090.850.00.40.92-0.330.680.89-0.820.910.340.790.56-0.380.85
0.220.20.260.210.290.340.010.360.590.21-0.050.220.010.050.2-0.060.230.2-0.260.290.34-0.01-0.120.040.11
0.65-0.050.620.520.580.330.510.660.10.66-0.230.77-0.010.280.72-0.180.50.71-0.510.750.79-0.010.7-0.240.75
0.54-0.560.570.440.390.310.730.60.040.62-0.50.63-0.020.450.69-0.180.540.75-0.420.80.56-0.120.7-0.570.87
-0.180.6-0.17-0.17-0.09-0.12-0.28-0.51-0.08-0.190.25-0.160.04-0.5-0.60.16-0.23-0.480.19-0.58-0.380.04-0.24-0.57-0.65
0.71-0.410.710.620.640.480.610.880.250.72-0.270.77-0.020.540.92-0.290.660.94-0.660.970.850.110.750.87-0.65
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Northern United Account Relationship Matchups

Northern United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.8B4.2B4.2B4.2B3.2B
Other Current Liab258.0M277.8M349.4M10.0M7.0M6.7M
Total Current Liabilities1.3B1.3B1.4B1.5B1.5B1.1B
Total Stockholder Equity2.3B2.4B2.4B2.4B2.5B2.0B
Retained Earnings1.2B1.3B1.3B1.1B1.2B801.2M
Accounts Payable971.2M978.2M847.7M918.1M905.6M829.2M
Cash693.2M938.4M932.0M1.1B1.3B785.6M
Other Assets205.3M287.6M238.1M268.8M309.1M324.6M
Net Receivables525.0M408.7M381.4M431.3M389.8M422.6M
Inventory752.9M787.0M823.1M861.3M818.6M693.8M
Other Current Assets114.9M118.5M127.7M24.1M23.5M22.3M
Total Liab1.4B1.4B1.7B1.7B1.6B1.2B
Intangible Assets66.5M66.0M66.6M60.9M69.7M57.1M
Property Plant Equipment779.3M820.9M783.3M1.0B1.2B1.2B
Short Term Investments33.5M543.6540.0M651.07748.73711.29
Other Liab49.6M73.5M90.5M74.8M86.1M65.0M
Net Tangible Assets2.1B2.2B2.3B2.3B2.7B2.3B
Other Stockholder Equity(3.2M)(3.3M)(4.1M)(3.4M)(3.1M)(3.2M)
Deferred Long Term Liab51.6M162.2M174.0M188.6M216.9M227.7M
Non Current Assets Total1.6B1.5B1.7B1.6B1.5B1.6B
Non Currrent Assets Other23.3M1.6B18.5M13.8M65.0M61.7M
Non Current Liabilities Total93.5M90.5M358.4M250.7M180.7M159.7M
Total Current Assets2.1B2.4B2.4B2.6B2.7B2.5B
Net Invested Capital2.3B2.4B2.4B2.5B2.6B2.6B
Net Working Capital811.4M1.0B1.1B1.2B1.2B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Northern Stock

Balance Sheet is a snapshot of the financial position of Northern United Publ at a specified time, usually calculated after every quarter, six months, or one year. Northern United Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern United 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.