Nationwide Net Debt vs Cash And Short Term Investments Analysis

NBS Stock

132.00 0.00 0.00%

Nationwide Building financial indicator trend analysis is infinitely more than just investigating Nationwide Building recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nationwide Building is a good investment. Please check the relationship between Nationwide Building Net Debt and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Building Society. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nationwide Building Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Nationwide Building's Net Debt and Cash And Short Term Investments is -0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nationwide Building Society, assuming nothing else is changed. The correlation between historical values of Nationwide Building's Net Debt and Cash 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 Net Debt of Nationwide Building Society are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Nationwide Building's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nationwide Building balance sheet. This account contains Nationwide Building investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nationwide Building Society fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Nationwide Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nationwide Building 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 Nationwide Building Society. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is forecasted to decline to about 334.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	5.0B	9.3B	14.5B	15.3B
Total Revenue	5.0B	9.3B	4.7B	3.4B

Gross Profit Total Revenue

Nationwide Building fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Cash	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Intangible Assets	Property Plant Equipment	Good Will	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross
Total Assets		0.95	-0.35	0.78	0.14	0.04	0.84	0.49	1.0	0.07	0.27	-0.07	0.88	0.58	0.71	-0.07	0.32	-0.76	0.3	0.29	0.78	0.79	0.3	0.87	0.8	0.56
Total Stockholder Equity	0.95		-0.3	0.72	-0.04	0.07	0.74	0.44	0.94	0.01	0.39	-0.17	0.76	0.6	0.48	-0.31	0.14	-0.7	0.22	0.21	0.72	0.8	0.21	0.83	0.69	0.58
Other Liab	-0.35	-0.3		-0.16	-0.33	0.73	-0.32	-0.51	-0.36	-0.38	0.59	-0.23	-0.44	0.02	-0.25	-0.12	-0.46	0.43	0.26	0.26	-0.16	-0.14	0.26	-0.1	-0.24	0.12
Cash	0.78	0.72	-0.16		-0.24	0.07	0.68	0.21	0.79	-0.33	0.18	-0.5	0.74	0.9	0.65	-0.14	-0.08	-0.73	0.49	0.48	1.0	0.74	0.48	0.91	0.81	0.89
Other Assets	0.14	-0.04	-0.33	-0.24		-0.14	0.19	0.18	0.15	0.56	-0.31	0.94	0.2	-0.42	0.34	0.34	0.91	0.05	-0.3	-0.3	-0.24	-0.11	-0.26	-0.03	-0.01	-0.56
Long Term Debt	0.04	0.07	0.73	0.07	-0.14		0.02	0.04	0.04	-0.08	0.87	-0.14	0.02	0.09	-0.02	-0.06	-0.12	-0.04	0.06	0.06	0.07	0.4	0.05	0.3	0.04	0.24
Common Stock Shares Outstanding	0.84	0.74	-0.32	0.68	0.19	0.02		0.5	0.85	0.25	0.12	-0.06	0.89	0.39	0.67	0.26	0.43	-0.71	0.25	0.24	0.68	0.56	0.24	0.69	0.85	0.43
Short Term Investments	0.49	0.44	-0.51	0.21	0.18	0.04	0.5		0.49	0.6	0.16	0.06	0.67	-0.13	0.29	0.29	0.48	-0.72	-0.35	-0.36	0.21	0.41	-0.38	0.3	0.4	-0.02
Total Liab	1.0	0.94	-0.36	0.79	0.15	0.04	0.85	0.49		0.07	0.26	-0.06	0.88	0.58	0.73	-0.04	0.34	-0.76	0.31	0.3	0.79	0.79	0.31	0.87	0.81	0.56
Intangible Assets	0.07	0.01	-0.38	-0.33	0.56	-0.08	0.25	0.6	0.07		-0.12	0.54	0.36	-0.66	-0.11	0.42	0.78	-0.24	-0.72	-0.73	-0.33	-0.19	-0.71	-0.23	0.09	-0.61
Property Plant Equipment	0.27	0.39	0.59	0.18	-0.31	0.87	0.12	0.16	0.26	-0.12		-0.27	0.11	0.22	-0.03	-0.3	-0.25	-0.15	0.11	0.11	0.18	0.56	0.09	0.43	0.12	0.36
Good Will	-0.07	-0.17	-0.23	-0.5	0.94	-0.14	-0.06	0.06	-0.06	0.54	-0.27		-0.07	-0.59	0.1	0.21	0.79	0.3	-0.39	-0.39	-0.5	-0.27	-0.36	-0.24	-0.27	-0.74
Short Long Term Debt Total	0.88	0.76	-0.44	0.74	0.2	0.02	0.89	0.67	0.88	0.36	0.11	-0.07		0.4	0.66	0.24	0.51	-0.91	0.06	0.04	0.74	0.64	0.05	0.74	0.88	0.45
Other Current Liab	0.58	0.6	0.02	0.9	-0.42	0.09	0.39	-0.13	0.58	-0.66	0.22	-0.59	0.4		0.48	-0.39	-0.39	-0.46	0.59	0.59	0.9	0.67	0.59	0.81	0.53	0.95
Total Current Liabilities	0.71	0.48	-0.25	0.65	0.34	-0.02	0.67	0.29	0.73	-0.11	-0.03	0.1	0.66	0.48		0.39	0.4	-0.49	0.57	0.56	0.65	0.51	0.57	0.69	0.61	0.45
Property Plant And Equipment Net	-0.07	-0.31	-0.12	-0.14	0.34	-0.06	0.26	0.29	-0.04	0.42	-0.3	0.21	0.24	-0.39	0.39		0.48	-0.13	0.09	0.08	-0.14	-0.24	0.08	-0.21	0.17	-0.24
Net Debt	0.32	0.14	-0.46	-0.08	0.91	-0.12	0.43	0.48	0.34	0.78	-0.25	0.79	0.51	-0.39	0.4	0.48		-0.28	-0.39	-0.4	-0.08	0.03	-0.37	0.09	0.25	-0.45
Accounts Payable	-0.76	-0.7	0.43	-0.73	0.05	-0.04	-0.71	-0.72	-0.76	-0.24	-0.15	0.3	-0.91	-0.46	-0.49	-0.13	-0.28		0.03	0.05	-0.73	-0.69	0.05	-0.68	-0.74	-0.54
Non Current Assets Total	0.3	0.22	0.26	0.49	-0.3	0.06	0.25	-0.35	0.31	-0.72	0.11	-0.39	0.06	0.59	0.57	0.09	-0.39	0.03		1.0	0.49	0.29	1.0	0.4	0.33	0.62
Non Currrent Assets Other	0.29	0.21	0.26	0.48	-0.3	0.06	0.24	-0.36	0.3	-0.73	0.11	-0.39	0.04	0.59	0.56	0.08	-0.4	0.05	1.0		0.48	0.28	1.0	0.39	0.32	0.62
Cash And Short Term Investments	0.78	0.72	-0.16	1.0	-0.24	0.07	0.68	0.21	0.79	-0.33	0.18	-0.5	0.74	0.9	0.65	-0.14	-0.08	-0.73	0.49	0.48		0.74	0.48	0.91	0.81	0.89
Net Receivables	0.79	0.8	-0.14	0.74	-0.11	0.4	0.56	0.41	0.79	-0.19	0.56	-0.27	0.64	0.67	0.51	-0.24	0.03	-0.69	0.29	0.28	0.74		0.28	0.89	0.61	0.71
Non Current Liabilities Total	0.3	0.21	0.26	0.48	-0.26	0.05	0.24	-0.38	0.31	-0.71	0.09	-0.36	0.05	0.59	0.57	0.08	-0.37	0.05	1.0	1.0	0.48	0.28		0.4	0.33	0.6
Other Current Assets	0.87	0.83	-0.1	0.91	-0.03	0.3	0.69	0.3	0.87	-0.23	0.43	-0.24	0.74	0.81	0.69	-0.21	0.09	-0.68	0.4	0.39	0.91	0.89	0.4		0.75	0.78
Other Stockholder Equity	0.8	0.69	-0.24	0.81	-0.01	0.04	0.85	0.4	0.81	0.09	0.12	-0.27	0.88	0.53	0.61	0.17	0.25	-0.74	0.33	0.32	0.81	0.61	0.33	0.75		0.59
Property Plant And Equipment Gross	0.56	0.58	0.12	0.89	-0.56	0.24	0.43	-0.02	0.56	-0.61	0.36	-0.74	0.45	0.95	0.45	-0.24	-0.45	-0.54	0.62	0.62	0.89	0.71	0.6	0.78	0.59

Click cells to compare fundamentals

Nationwide Building Account Relationship Matchups

Nationwide Building fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	248.0B	254.9B	272.4B	271.9B	271.9B	199.1B
Total Stockholder Equity	12.4B	12.8B	14.4B	15.6B	17.7B	9.2B
Cash	14.5B	17.7B	30.8B	26.0B	24.5B	25.7B
Other Assets	231.2B	235.1B	239.8B	244.3B	(326M)	(309.7M)
Total Liab	235.7B	242.1B	258.0B	256.3B	254.2B	189.9B
Intangible Assets	1.2B	1.1B	913M	862M	836M	759.5M
Short Long Term Debt Total	68.2B	64.4B	72.1B	61.2B	54.9B	45.7B
Other Current Liab	(1M)	(7M)	3.9B	3.5B	3.4B	3.3B
Total Current Liabilities	22.4B	22.9B	32.4B	17.2B	3.4B	5.0B
Property Plant And Equipment Net	1.2B	1B	862M	742M	654M	931.0M
Net Debt	53.7B	46.7B	41.2B	35.2B	(23.8B)	(22.6B)
Non Current Assets Total	234.0B	238.0B	241.8B	245.9B	247.8B	260.1B
Non Currrent Assets Other	225.0B	231.1B	237.7B	242.3B	243.3B	255.5B
Cash And Short Term Investments	14.5B	17.7B	30.8B	26.0B	24.5B	25.7B
Net Receivables	205M	213M	252M	302M	294M	189M
Liabilities And Stockholders Equity	248.0B	254.9B	272.4B	271.9B	271.9B	215.1B
Non Current Liabilities Total	213.3B	219.2B	225.6B	239.1B	221.4B	232.5B
Other Current Assets	14.0B	16.9B	30.5B	26.0B	24.2B	14.8B
Property Plant And Equipment Gross	1.2B	1.0B	1.9B	1.8B	2.1B	2.2B
Total Current Assets	14.0B	16.9B	30.5B	26.0B	24.5B	19.5B
Accumulated Other Comprehensive Income	295M	303M	276M	153M	1.4B	848.9M
Retained Earnings	10.7B	11.1B	12.8B	14.2B	15.1B	9.8B
Inventory	(14.7B)	(17.9B)	(31.1B)	(26.3B)	23.5B	24.7B
Short Term Debt	20.1B	20.5B	28.4B	13.7B	9.2B	17.7B
Long Term Investments	26.5B	30.2B	27.8B	29.5B	29.5B	27.0B
Net Invested Capital	58.3B	48.5B	49.7B	51.6B	54.8B	42.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Nationwide Stock

Balance Sheet is a snapshot of the financial position of Nationwide Building at a specified time, usually calculated after every quarter, six months, or one year. Nationwide Building Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nationwide Building 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 Nationwide currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nationwide Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Nationwide Building fundamental ratios Correlations

Nationwide Building Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nationwide Building fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Nationwide Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Non Currrent Assets Other
Total Stockholder Equity	+ 0.95	Total Assets

Accounts Payable	- 0.91	Short Long Term Debt Total
Accounts Payable	- 0.76	Total Liab
Accounts Payable	- 0.76	Total Assets
Other Stockholder Equity	- 0.74	Accounts Payable
Property Plant And Equipment Gross	- 0.74	Good Will
Cash And Short Term Investments	- 0.73	Accounts Payable