National Other Current Liab vs Other Stockholder Equity Analysis

NAB Stock   37.59  0.05  0.13%   
National Australia financial indicator trend analysis is infinitely more than just investigating National Australia Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Australia Bank is a good investment. Please check the relationship between National Australia Other Current Liab and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Australia Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Australia Bank Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Australia's Other Current Liab and Other Stockholder Equity is -0.27. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of National Australia Bank, assuming nothing else is changed. The correlation between historical values of National Australia's Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of National Australia Bank are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., National Australia's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Other Stockholder Equity

Most indicators from National Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Australia Bank 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 National Australia Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 2 B in 2024, whereas Discontinued Operations is likely to drop (204.1 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue25.0B51.7B20.6B15.8B
Interest Expense2.3B31.3B41.5B43.6B

National Australia fundamental ratios Correlations

0.670.30.350.950.440.410.950.050.360.820.040.120.310.670.89-0.130.390.21-0.590.840.310.280.710.760.35
0.670.350.50.710.180.160.560.350.420.830.37-0.25-0.050.880.73-0.380.360.15-0.360.730.00.320.310.860.03
0.30.350.530.430.430.590.08-0.430.430.23-0.41-0.74-0.610.490.62-0.280.160.75-0.270.380.320.66-0.230.580.64
0.350.50.530.350.78-0.150.320.330.890.590.35-0.31-0.380.750.49-0.680.610.01-0.690.320.680.880.020.610.45
0.950.710.430.350.350.520.840.00.330.780.0-0.070.170.730.96-0.010.310.39-0.440.840.230.310.570.860.38
0.440.180.430.780.350.040.44-0.050.770.36-0.05-0.05-0.270.380.43-0.480.550.03-0.660.390.940.860.250.320.68
0.410.160.59-0.150.520.040.21-0.8-0.160.08-0.8-0.27-0.110.10.560.33-0.220.880.010.430.020.120.10.390.54
0.950.560.080.320.840.440.210.190.370.830.170.350.480.580.73-0.160.45-0.04-0.670.740.310.180.80.620.25
0.050.35-0.430.330.0-0.05-0.80.190.340.431.00.20.260.42-0.06-0.320.43-0.71-0.22-0.01-0.1-0.070.150.18-0.47
0.360.420.430.890.330.77-0.160.370.340.580.32-0.18-0.230.660.44-0.630.89-0.06-0.720.420.690.780.120.530.61
0.820.830.230.590.780.360.080.830.430.580.430.080.30.890.75-0.390.59-0.03-0.70.720.220.330.570.850.19
0.040.37-0.410.350.0-0.05-0.80.171.00.320.430.170.220.44-0.05-0.340.38-0.7-0.2-0.01-0.1-0.050.130.19-0.51
0.12-0.25-0.74-0.31-0.07-0.05-0.270.350.2-0.180.080.170.77-0.3-0.280.140.07-0.53-0.18-0.120.04-0.360.55-0.33-0.19
0.31-0.05-0.61-0.380.17-0.27-0.110.480.26-0.230.30.220.77-0.12-0.070.390.1-0.48-0.180.03-0.16-0.550.76-0.06-0.21
0.670.880.490.750.730.380.10.580.420.660.890.44-0.3-0.120.8-0.490.530.19-0.590.650.210.530.20.940.23
0.890.730.620.490.960.430.560.73-0.060.440.75-0.05-0.28-0.070.8-0.150.340.52-0.480.830.280.460.370.910.47
-0.13-0.38-0.28-0.68-0.01-0.480.33-0.16-0.32-0.63-0.39-0.340.140.39-0.49-0.15-0.50.110.57-0.2-0.28-0.570.22-0.23-0.09
0.390.360.160.610.310.55-0.220.450.430.890.590.380.070.10.530.34-0.5-0.22-0.680.430.490.470.280.420.52
0.210.150.750.010.390.030.88-0.04-0.71-0.06-0.03-0.7-0.53-0.480.190.520.11-0.220.090.3-0.030.28-0.320.40.5
-0.59-0.36-0.27-0.69-0.44-0.660.01-0.67-0.22-0.72-0.7-0.2-0.18-0.18-0.59-0.480.57-0.680.09-0.33-0.53-0.52-0.39-0.48-0.47
0.840.730.380.320.840.390.430.74-0.010.420.72-0.01-0.120.030.650.83-0.20.430.3-0.330.230.310.490.730.37
0.310.00.320.680.230.940.020.31-0.10.690.22-0.10.04-0.160.210.28-0.280.49-0.03-0.530.230.820.290.20.71
0.280.320.660.880.310.860.120.18-0.070.780.33-0.05-0.36-0.550.530.46-0.570.470.28-0.520.310.82-0.060.480.67
0.710.31-0.230.020.570.250.10.80.150.120.570.130.550.760.20.370.220.28-0.32-0.390.490.29-0.060.310.13
0.760.860.580.610.860.320.390.620.180.530.850.19-0.33-0.060.940.91-0.230.420.4-0.480.730.20.480.310.36
0.350.030.640.450.380.680.540.25-0.470.610.19-0.51-0.19-0.210.230.47-0.090.520.5-0.470.370.710.670.130.36
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National Australia Account Relationship Matchups

National Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets866.9B926.2B1.1T1.1T1.1T587.6B
Short Long Term Debt Total281.9B300.0B318.5B310.1B356.6B374.5B
Other Current Liab366.7B392.9B413.5B401.1B(8.6B)(8.2B)
Total Current Liabilities471.2B524.2B543.1B516.0B593.4B623.0B
Total Stockholder Equity61.3B62.8B59.0B61.2B61.5B36.2B
Property Plant And Equipment Net2.4B2.8B3.0B3.0B2.9B1.7B
Net Debt222.4B249.4B288.0B286.4B(112.9B)(107.3B)
Retained Earnings15.7B19.0B21.5B23.8B25.2B14.2B
Cash34.7B27.0B2.7B2.9B112.9B118.6B
Non Current Assets Total701.7B799.4B902.3B899.3B967.3B1.0T
Other Assets825.7B892.1B1.0T1.0T1.1T1.1T
Cash And Short Term Investments34.7B27.0B2.7B2.9B112.9B118.6B
Net Receivables1.7B1.4B2.2B2.9B2.6B2.5B
Good Will1.8B2.0B2.1B2.1B2.4B3.2B
Common Stock Shares Outstanding3.3B3.5B3.5B3.4B3.3B2.2B
Short Term Investments40.6B44.2B121.1B(117.3B)(134.9B)(128.2B)
Liabilities And Stockholders Equity866.9B926.2B1.1T1.1T1.1T581.7B
Non Current Liabilities Total334.4B339.2B453.1B481.7B554.0B581.7B
Other Current Assets165.2B126.8B152.9B159.9B(2.6B)(2.5B)
Other Stockholder Equity2.0B550M(1.8B)(1.2B)(362M)(343.9M)
Total Liab805.6B863.4B996.2B997.7B1.0T530.7B
Total Current Assets165.2B126.8B152.9B159.9B112.9B96.4B
Accumulated Other Comprehensive Income99M550M(1.8B)(1.2B)(1.1B)(1.0B)
Short Term Debt103.6B130.2B128.3B113.8B130.9B87.7B
Common Stock43.5B43.2B39.4B38.5B36.6B38.4B
Non Currrent Assets Other685.5B783.6B881.0B881.7B(129.5B)(123.0B)
Current Deferred Revenue(469.9B)(523.3B)(541.8B)(107.4B)(96.7B)(101.5B)
Accounts Payable805M1.1B1.4B1.1B7.6B5.4B
Inventory(36.4B)(28.4B)(4.8B)(5.8B)(6.6B)(7.0B)
Intangible Assets3.8B4.1B4.7B5.0B5.2B3.1B
Other Liab11.3B10.5B9.1B9.4B8.4B8.0B
Long Term Debt176.7B167.9B188.0B194.1B223.2B134.3B
Property Plant Equipment2.4B2.8B3.0B3.0B2.7B1.6B
Net Tangible Assets50.0B57.5B58.7B54.4B62.5B44.9B
Long Term Investments140.1B124.8B147.1B130.6B117.5B97.8B

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