National Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Australia Bank Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between National Australia's Total Assets and Non Currrent Assets Other is 0.35. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other 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 National Australia Bank are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., National Australia's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of National Australia 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 National Australia Bank 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for National Stock Analysis

When running National Australia's price analysis, check to measure National Australia'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 National Australia is operating at the current time. Most of National Australia's value examination focuses on studying past and present price action to predict the probability of National Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Australia's price. Additionally, you may evaluate how the addition of National Australia to your portfolios can decrease your overall portfolio volatility.