National Property Plant And Equipment Net vs Short Term Investments Analysis

NAB Stock

39.60 0.30 0.76%

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 Property Plant And Equipment Net and its Short Term Investments 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.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Australia Bank Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between National Australia's Property Plant And Equipment Net and Short Term Investments is -0.48. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Property Plant And Equipment Net and Short Term Investments 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 National Australia Bank are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., National Australia's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Short Term Investments

Short Term Investments is an item under the current assets section of National Australia balance sheet. It contains any investments National Australia Bank undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that National Australia Bank can easily liquidate in the marketplace.

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 Revenue	25.0B	51.7B	20.6B	15.8B
Interest Expense	2.3B	31.3B	41.5B	43.6B

Total Revenue Interest Expense

National Australia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other
Total Assets		0.67	0.3	0.35	0.95	0.44	0.41	0.95	0.05	0.36	0.82	0.04	0.12	0.31	0.67	0.89	-0.13	0.39	0.21	-0.59	0.84	0.31	0.28	0.71	0.76	0.35
Short Long Term Debt Total	0.67		0.35	0.5	0.71	0.18	0.16	0.56	0.35	0.42	0.83	0.37	-0.25	-0.05	0.88	0.73	-0.38	0.36	0.15	-0.36	0.73	0.0	0.32	0.31	0.86	0.03
Other Current Liab	0.3	0.35		0.53	0.43	0.43	0.59	0.08	-0.43	0.43	0.23	-0.41	-0.74	-0.61	0.49	0.62	-0.28	0.16	0.75	-0.27	0.38	0.32	0.66	-0.23	0.58	0.64
Total Current Liabilities	0.35	0.5	0.53		0.35	0.78	-0.15	0.32	0.33	0.89	0.59	0.35	-0.31	-0.38	0.75	0.49	-0.68	0.61	0.01	-0.69	0.32	0.68	0.88	0.02	0.61	0.45
Total Stockholder Equity	0.95	0.71	0.43	0.35		0.35	0.52	0.84	0.0	0.33	0.78	0.0	-0.07	0.17	0.73	0.96	-0.01	0.31	0.39	-0.44	0.84	0.23	0.31	0.57	0.86	0.38
Property Plant And Equipment Net	0.44	0.18	0.43	0.78	0.35		0.04	0.44	-0.05	0.77	0.36	-0.05	-0.05	-0.27	0.38	0.43	-0.48	0.55	0.03	-0.66	0.39	0.94	0.86	0.25	0.32	0.68
Net Debt	0.41	0.16	0.59	-0.15	0.52	0.04		0.21	-0.8	-0.16	0.08	-0.8	-0.27	-0.11	0.1	0.56	0.33	-0.22	0.88	0.01	0.43	0.02	0.12	0.1	0.39	0.54
Retained Earnings	0.95	0.56	0.08	0.32	0.84	0.44	0.21		0.19	0.37	0.83	0.17	0.35	0.48	0.58	0.73	-0.16	0.45	-0.04	-0.67	0.74	0.31	0.18	0.8	0.62	0.25
Cash	0.05	0.35	-0.43	0.33	0.0	-0.05	-0.8	0.19		0.34	0.43	1.0	0.2	0.26	0.42	-0.06	-0.32	0.43	-0.71	-0.22	-0.01	-0.1	-0.07	0.15	0.18	-0.47
Non Current Assets Total	0.36	0.42	0.43	0.89	0.33	0.77	-0.16	0.37	0.34		0.58	0.32	-0.18	-0.23	0.66	0.44	-0.63	0.89	-0.06	-0.72	0.42	0.69	0.78	0.12	0.53	0.61
Other Assets	0.82	0.83	0.23	0.59	0.78	0.36	0.08	0.83	0.43	0.58		0.43	0.08	0.3	0.89	0.75	-0.39	0.59	-0.03	-0.7	0.72	0.22	0.33	0.57	0.85	0.19
Cash And Short Term Investments	0.04	0.37	-0.41	0.35	0.0	-0.05	-0.8	0.17	1.0	0.32	0.43		0.17	0.22	0.44	-0.05	-0.34	0.38	-0.7	-0.2	-0.01	-0.1	-0.05	0.13	0.19	-0.51
Net Receivables	0.12	-0.25	-0.74	-0.31	-0.07	-0.05	-0.27	0.35	0.2	-0.18	0.08	0.17		0.77	-0.3	-0.28	0.14	0.07	-0.53	-0.18	-0.12	0.04	-0.36	0.55	-0.33	-0.19
Good Will	0.31	-0.05	-0.61	-0.38	0.17	-0.27	-0.11	0.48	0.26	-0.23	0.3	0.22	0.77		-0.12	-0.07	0.39	0.1	-0.48	-0.18	0.03	-0.16	-0.55	0.76	-0.06	-0.21
Common Stock Total Equity	0.67	0.88	0.49	0.75	0.73	0.38	0.1	0.58	0.42	0.66	0.89	0.44	-0.3	-0.12		0.8	-0.49	0.53	0.19	-0.59	0.65	0.21	0.53	0.2	0.94	0.23
Common Stock Shares Outstanding	0.89	0.73	0.62	0.49	0.96	0.43	0.56	0.73	-0.06	0.44	0.75	-0.05	-0.28	-0.07	0.8		-0.15	0.34	0.52	-0.48	0.83	0.28	0.46	0.37	0.91	0.47
Short Term Investments	-0.13	-0.38	-0.28	-0.68	-0.01	-0.48	0.33	-0.16	-0.32	-0.63	-0.39	-0.34	0.14	0.39	-0.49	-0.15		-0.5	0.11	0.57	-0.2	-0.28	-0.57	0.22	-0.23	-0.09
Non Current Liabilities Total	0.39	0.36	0.16	0.61	0.31	0.55	-0.22	0.45	0.43	0.89	0.59	0.38	0.07	0.1	0.53	0.34	-0.5		-0.22	-0.68	0.43	0.49	0.47	0.28	0.42	0.52
Other Current Assets	0.21	0.15	0.75	0.01	0.39	0.03	0.88	-0.04	-0.71	-0.06	-0.03	-0.7	-0.53	-0.48	0.19	0.52	0.11	-0.22		0.09	0.3	-0.03	0.28	-0.32	0.4	0.5
Other Stockholder Equity	-0.59	-0.36	-0.27	-0.69	-0.44	-0.66	0.01	-0.67	-0.22	-0.72	-0.7	-0.2	-0.18	-0.18	-0.59	-0.48	0.57	-0.68	0.09		-0.33	-0.53	-0.52	-0.39	-0.48	-0.47
Total Liab	0.84	0.73	0.38	0.32	0.84	0.39	0.43	0.74	-0.01	0.42	0.72	-0.01	-0.12	0.03	0.65	0.83	-0.2	0.43	0.3	-0.33		0.23	0.31	0.49	0.73	0.37
Property Plant And Equipment Gross	0.31	0.0	0.32	0.68	0.23	0.94	0.02	0.31	-0.1	0.69	0.22	-0.1	0.04	-0.16	0.21	0.28	-0.28	0.49	-0.03	-0.53	0.23		0.82	0.29	0.2	0.71
Total Current Assets	0.28	0.32	0.66	0.88	0.31	0.86	0.12	0.18	-0.07	0.78	0.33	-0.05	-0.36	-0.55	0.53	0.46	-0.57	0.47	0.28	-0.52	0.31	0.82		-0.06	0.48	0.67
Short Term Debt	0.71	0.31	-0.23	0.02	0.57	0.25	0.1	0.8	0.15	0.12	0.57	0.13	0.55	0.76	0.2	0.37	0.22	0.28	-0.32	-0.39	0.49	0.29	-0.06		0.31	0.13
Common Stock	0.76	0.86	0.58	0.61	0.86	0.32	0.39	0.62	0.18	0.53	0.85	0.19	-0.33	-0.06	0.94	0.91	-0.23	0.42	0.4	-0.48	0.73	0.2	0.48	0.31		0.36
Non Currrent Assets Other	0.35	0.03	0.64	0.45	0.38	0.68	0.54	0.25	-0.47	0.61	0.19	-0.51	-0.19	-0.21	0.23	0.47	-0.09	0.52	0.5	-0.47	0.37	0.71	0.67	0.13	0.36

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National Australia Account Relationship Matchups

National Australia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	866.9B	926.2B	1.1T	1.1T	1.1T	587.6B
Short Long Term Debt Total	281.9B	300.0B	318.5B	310.1B	356.6B	374.5B
Other Current Liab	366.7B	392.9B	413.5B	401.1B	(8.6B)	(8.2B)
Total Current Liabilities	471.2B	524.2B	543.1B	516.0B	593.4B	623.0B
Total Stockholder Equity	61.3B	62.8B	59.0B	61.2B	61.5B	36.2B
Property Plant And Equipment Net	2.4B	2.8B	3.0B	3.0B	2.9B	1.7B
Net Debt	222.4B	249.4B	288.0B	286.4B	(112.9B)	(107.3B)
Retained Earnings	15.7B	19.0B	21.5B	23.8B	25.2B	14.2B
Cash	34.7B	27.0B	2.7B	2.9B	112.9B	118.6B
Non Current Assets Total	701.7B	799.4B	902.3B	899.3B	967.3B	1.0T
Other Assets	825.7B	892.1B	1.0T	1.0T	1.1T	1.1T
Cash And Short Term Investments	34.7B	27.0B	2.7B	2.9B	112.9B	118.6B
Net Receivables	1.7B	1.4B	2.2B	2.9B	2.6B	2.5B
Good Will	1.8B	2.0B	2.1B	2.1B	2.4B	3.2B
Common Stock Shares Outstanding	3.3B	3.5B	3.5B	3.4B	3.3B	2.2B
Short Term Investments	40.6B	44.2B	121.1B	(117.3B)	(134.9B)	(128.2B)
Liabilities And Stockholders Equity	866.9B	926.2B	1.1T	1.1T	1.1T	581.7B
Non Current Liabilities Total	334.4B	339.2B	453.1B	481.7B	554.0B	581.7B
Other Current Assets	165.2B	126.8B	152.9B	159.9B	(2.6B)	(2.5B)
Other Stockholder Equity	2.0B	550M	(1.8B)	(1.2B)	(362M)	(343.9M)
Total Liab	805.6B	863.4B	996.2B	997.7B	1.0T	530.7B
Total Current Assets	165.2B	126.8B	152.9B	159.9B	112.9B	96.4B
Accumulated Other Comprehensive Income	99M	550M	(1.8B)	(1.2B)	(1.1B)	(1.0B)
Short Term Debt	103.6B	130.2B	128.3B	113.8B	130.9B	87.7B
Common Stock	43.5B	43.2B	39.4B	38.5B	36.6B	38.4B
Non Currrent Assets Other	685.5B	783.6B	881.0B	881.7B	(129.5B)	(123.0B)
Current Deferred Revenue	(469.9B)	(523.3B)	(541.8B)	(107.4B)	(96.7B)	(101.5B)
Accounts Payable	805M	1.1B	1.4B	1.1B	7.6B	5.4B
Inventory	(36.4B)	(28.4B)	(4.8B)	(5.8B)	(6.6B)	(7.0B)
Intangible Assets	3.8B	4.1B	4.7B	5.0B	5.2B	3.1B
Other Liab	11.3B	10.5B	9.1B	9.4B	8.4B	8.0B
Long Term Debt	176.7B	167.9B	188.0B	194.1B	223.2B	134.3B
Property Plant Equipment	2.4B	2.8B	3.0B	3.0B	2.7B	1.6B
Net Tangible Assets	50.0B	57.5B	58.7B	54.4B	62.5B	44.9B
Long Term Investments	140.1B	124.8B	147.1B	130.6B	117.5B	97.8B

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