Nationwide Total Assets vs Short Long Term Debt Total 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 Total Assets and its Short Long Term Debt Total 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.

Total Assets vs Short Long Term Debt Total

Total Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nationwide Building Total Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nationwide Building's Total Assets and Short Long Term Debt Total is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt Total 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 Total Assets and Short Long Term Debt Total 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 Nationwide Building Society are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Assets i.e., Nationwide Building's Total Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Nationwide Building 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 Nationwide Building 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.

Short Long Term Debt Total

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 Profit5.0B9.3B14.5B15.3B
Total Revenue5.0B9.3B4.7B3.4B

Nationwide Building fundamental ratios Correlations

0.95-0.350.780.140.040.840.491.00.070.27-0.070.880.580.71-0.070.32-0.760.30.290.780.790.30.870.80.56
0.95-0.30.72-0.040.070.740.440.940.010.39-0.170.760.60.48-0.310.14-0.70.220.210.720.80.210.830.690.58
-0.35-0.3-0.16-0.330.73-0.32-0.51-0.36-0.380.59-0.23-0.440.02-0.25-0.12-0.460.430.260.26-0.16-0.140.26-0.1-0.240.12
0.780.72-0.16-0.240.070.680.210.79-0.330.18-0.50.740.90.65-0.14-0.08-0.730.490.481.00.740.480.910.810.89
0.14-0.04-0.33-0.24-0.140.190.180.150.56-0.310.940.2-0.420.340.340.910.05-0.3-0.3-0.24-0.11-0.26-0.03-0.01-0.56
0.040.070.730.07-0.140.020.040.04-0.080.87-0.140.020.09-0.02-0.06-0.12-0.040.060.060.070.40.050.30.040.24
0.840.74-0.320.680.190.020.50.850.250.12-0.060.890.390.670.260.43-0.710.250.240.680.560.240.690.850.43
0.490.44-0.510.210.180.040.50.490.60.160.060.67-0.130.290.290.48-0.72-0.35-0.360.210.41-0.380.30.4-0.02
1.00.94-0.360.790.150.040.850.490.070.26-0.060.880.580.73-0.040.34-0.760.310.30.790.790.310.870.810.56
0.070.01-0.38-0.330.56-0.080.250.60.07-0.120.540.36-0.66-0.110.420.78-0.24-0.72-0.73-0.33-0.19-0.71-0.230.09-0.61
0.270.390.590.18-0.310.870.120.160.26-0.12-0.270.110.22-0.03-0.3-0.25-0.150.110.110.180.560.090.430.120.36
-0.07-0.17-0.23-0.50.94-0.14-0.060.06-0.060.54-0.27-0.07-0.590.10.210.790.3-0.39-0.39-0.5-0.27-0.36-0.24-0.27-0.74
0.880.76-0.440.740.20.020.890.670.880.360.11-0.070.40.660.240.51-0.910.060.040.740.640.050.740.880.45
0.580.60.020.9-0.420.090.39-0.130.58-0.660.22-0.590.40.48-0.39-0.39-0.460.590.590.90.670.590.810.530.95
0.710.48-0.250.650.34-0.020.670.290.73-0.11-0.030.10.660.480.390.4-0.490.570.560.650.510.570.690.610.45
-0.07-0.31-0.12-0.140.34-0.060.260.29-0.040.42-0.30.210.24-0.390.390.48-0.130.090.08-0.14-0.240.08-0.210.17-0.24
0.320.14-0.46-0.080.91-0.120.430.480.340.78-0.250.790.51-0.390.40.48-0.28-0.39-0.4-0.080.03-0.370.090.25-0.45
-0.76-0.70.43-0.730.05-0.04-0.71-0.72-0.76-0.24-0.150.3-0.91-0.46-0.49-0.13-0.280.030.05-0.73-0.690.05-0.68-0.74-0.54
0.30.220.260.49-0.30.060.25-0.350.31-0.720.11-0.390.060.590.570.09-0.390.031.00.490.291.00.40.330.62
0.290.210.260.48-0.30.060.24-0.360.3-0.730.11-0.390.040.590.560.08-0.40.051.00.480.281.00.390.320.62
0.780.72-0.161.0-0.240.070.680.210.79-0.330.18-0.50.740.90.65-0.14-0.08-0.730.490.480.740.480.910.810.89
0.790.8-0.140.74-0.110.40.560.410.79-0.190.56-0.270.640.670.51-0.240.03-0.690.290.280.740.280.890.610.71
0.30.210.260.48-0.260.050.24-0.380.31-0.710.09-0.360.050.590.570.08-0.370.051.01.00.480.280.40.330.6
0.870.83-0.10.91-0.030.30.690.30.87-0.230.43-0.240.740.810.69-0.210.09-0.680.40.390.910.890.40.750.78
0.80.69-0.240.81-0.010.040.850.40.810.090.12-0.270.880.530.610.170.25-0.740.330.320.810.610.330.750.59
0.560.580.120.89-0.560.240.43-0.020.56-0.610.36-0.740.450.950.45-0.24-0.45-0.540.620.620.890.710.60.780.59
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Nationwide Building Account Relationship Matchups

Nationwide Building fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets248.0B254.9B272.4B271.9B271.9B199.1B
Total Stockholder Equity12.4B12.8B14.4B15.6B17.7B9.2B
Cash14.5B17.7B30.8B26.0B24.5B25.7B
Other Assets231.2B235.1B239.8B244.3B(326M)(309.7M)
Total Liab235.7B242.1B258.0B256.3B254.2B189.9B
Intangible Assets1.2B1.1B913M862M836M759.5M
Short Long Term Debt Total68.2B64.4B72.1B61.2B54.9B45.7B
Other Current Liab(1M)(7M)3.9B3.5B3.4B3.3B
Total Current Liabilities22.4B22.9B32.4B17.2B3.4B5.0B
Property Plant And Equipment Net1.2B1B862M742M654M931.0M
Net Debt53.7B46.7B41.2B35.2B(23.8B)(22.6B)
Non Current Assets Total234.0B238.0B241.8B245.9B247.8B260.1B
Non Currrent Assets Other225.0B231.1B237.7B242.3B243.3B255.5B
Cash And Short Term Investments14.5B17.7B30.8B26.0B24.5B25.7B
Net Receivables205M213M252M302M294M189M
Liabilities And Stockholders Equity248.0B254.9B272.4B271.9B271.9B215.1B
Non Current Liabilities Total213.3B219.2B225.6B239.1B221.4B232.5B
Other Current Assets14.0B16.9B30.5B26.0B24.2B14.8B
Property Plant And Equipment Gross1.2B1.0B1.9B1.8B2.1B2.2B
Total Current Assets14.0B16.9B30.5B26.0B24.5B19.5B
Accumulated Other Comprehensive Income295M303M276M153M1.4B848.9M
Retained Earnings10.7B11.1B12.8B14.2B15.1B9.8B
Inventory(14.7B)(17.9B)(31.1B)(26.3B)23.5B24.7B
Short Term Debt20.1B20.5B28.4B13.7B9.2B17.7B
Long Term Investments26.5B30.2B27.8B29.5B29.5B27.0B
Net Invested Capital58.3B48.5B49.7B51.6B54.8B42.4B

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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.