National Historical Balance Sheet

NFG Stock  USD 63.97  0.51  0.80%   
Trend analysis of National Fuel Gas balance sheet accounts such as Other Current Liab of 208.1 M provides information on National Fuel's total assets, liabilities, and equity, which is the actual value of National Fuel Gas to its prevalent stockholders. By breaking down trends over time using National Fuel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining National Fuel Gas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Fuel Gas is a good buy for the upcoming year.

National Fuel Inventory

94.91 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About National Balance Sheet Analysis

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

National Fuel Balance Sheet Chart

At this time, National Fuel's Inventory is most likely to increase significantly in the upcoming years. The National Fuel's current Property Plant And Equipment Gross is estimated to increase to about 16.5 B, while Total Assets are projected to decrease to roughly 5.4 B.

Total Assets

Total assets refers to the total amount of National Fuel 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 Fuel Gas 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.

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.

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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from National Fuel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into National Fuel Gas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, National Fuel's Inventory is most likely to increase significantly in the upcoming years. The National Fuel's current Property Plant And Equipment Gross is estimated to increase to about 16.5 B, while Total Assets are projected to decrease to roughly 5.4 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.7B2.7B2.8B1.8B
Total Assets7.9B8.3B8.3B5.4B

National Fuel balance sheet Correlations

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0.430.330.450.440.490.030.23-0.30.280.10.480.670.23-0.60.670.510.340.30.530.43-0.050.44-0.030.330.42
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National Fuel Account Relationship Matchups

National Fuel balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding88.0M91.7M92.1M92.3M92.3M84.7M
Total Assets7.0B7.5B7.9B8.3B8.3B5.4B
Short Long Term Debt Total2.7B2.8B2.7B2.7B2.8B1.8B
Other Current Liab290.3M901.9M1.1B366.6M340.1M208.1M
Total Current Liabilities459.6M1.2B1.9B806.3M1.1B655.1M
Total Stockholder Equity2.0B1.8B2.1B3.0B2.8B1.7B
Property Plant And Equipment Net6.0B6.4B6.6B7.3B7.3B4.3B
Current Deferred Revenue32.5M36.5M50.4M49.8M44.8M39.7M
Net Debt2.6B2.8B2.6B2.6B2.7B1.7B
Retained Earnings991.6M1.2B1.6B1.9B1.7B1.0B
Accounts Payable134.1M171.7M178.9M152.2M165.1M137.5M
Cash20.5M31.5M46.0M55.4M38.2M36.3M
Non Current Assets Total6.7B6.9B7.1B7.9B8.0B4.9B
Non Currrent Assets Other209.6M60.1M(230.1M)489.1M537.5M564.3M
Cash And Short Term Investments20.5M31.5M46.0M55.4M38.2M36.3M
Net Receivables179.0M238.6M412.0M177.2M142.7M176.6M
Common Stock Total Equity86.3M91.0M91.2M91.5M105.2M80.4M
Liabilities And Stockholders Equity7.0B7.5B7.9B8.3B8.3B5.4B
Non Current Liabilities Total4.5B4.4B3.9B4.5B4.4B3.0B
Inventory85.2M120.4M172.3M81.5M82.7M94.9M
Other Current Assets33.3M132.0M130.8M86.1M92.2M83.4M
Other Stockholder Equity1.0B1.0B1.0B1.0B1.0B783.0M
Total Liab5.0B5.7B5.8B5.3B5.5B3.6B
Property Plant And Equipment Gross6.0B6.4B6.6B13.6B15.7B16.5B
Total Current Assets314.2M522.4M761.1M414.4M355.9M474.1M
Accumulated Other Comprehensive Income(114.8M)(513.6M)(625.7M)(55.1M)(15.5M)(16.2M)
Short Term Debt34.9M162.5M623.2M287.5M590.7M620.2M
Common Stock91.0M91.2M91.5M91.8M91.0M81.7M
Other Liab1.9B1.8B1.8B2.1B2.4B2.5B
Other Assets514.8M7.2B468.2M486.5M559.5M815.7M
Long Term Debt2.6B2.6B2.1B2.4B2.7B1.7B
Property Plant Equipment53.4M6.4B6.6B7.3B8.4B4.5B
Net Tangible Assets4.6B1.8B2.1B3.0B2.7B2.7B
Retained Earnings Total Equity1.3B991.6M1.2B1.6B1.8B1.2B
Long Term Debt Total2.6B2.6B2.1B2.4B2.7B2.1B
Capital Surpluse1.0B1.0B1.0B1.0B1.2B908.4M
Deferred Long Term Liab835.2M252.7M259.7M191.2M172.1M163.5M

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
2.02
Earnings Share
0.84
Revenue Per Share
21.187
Quarterly Revenue Growth
0.008
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.