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.
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.
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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
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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.Total Current Liabilities
Total Current Liabilities is an item on National Fuel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National Fuel Gas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Total | 2.7B | 2.7B | 2.8B | 1.8B | Total Assets | 7.9B | 8.3B | 8.3B | 5.4B |
National Fuel balance sheet Correlations
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National Fuel balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 88.0M | 91.7M | 92.1M | 92.3M | 92.3M | 84.7M | |
Total Assets | 7.0B | 7.5B | 7.9B | 8.3B | 8.3B | 5.4B | |
Short Long Term Debt Total | 2.7B | 2.8B | 2.7B | 2.7B | 2.8B | 1.8B | |
Other Current Liab | 290.3M | 901.9M | 1.1B | 366.6M | 340.1M | 208.1M | |
Total Current Liabilities | 459.6M | 1.2B | 1.9B | 806.3M | 1.1B | 655.1M | |
Total Stockholder Equity | 2.0B | 1.8B | 2.1B | 3.0B | 2.8B | 1.7B | |
Property Plant And Equipment Net | 6.0B | 6.4B | 6.6B | 7.3B | 7.3B | 4.3B | |
Current Deferred Revenue | 32.5M | 36.5M | 50.4M | 49.8M | 44.8M | 39.7M | |
Net Debt | 2.6B | 2.8B | 2.6B | 2.6B | 2.7B | 1.7B | |
Retained Earnings | 991.6M | 1.2B | 1.6B | 1.9B | 1.7B | 1.0B | |
Accounts Payable | 134.1M | 171.7M | 178.9M | 152.2M | 165.1M | 137.5M | |
Cash | 20.5M | 31.5M | 46.0M | 55.4M | 38.2M | 36.3M | |
Non Current Assets Total | 6.7B | 6.9B | 7.1B | 7.9B | 8.0B | 4.9B | |
Non Currrent Assets Other | 209.6M | 60.1M | (230.1M) | 489.1M | 537.5M | 564.3M | |
Cash And Short Term Investments | 20.5M | 31.5M | 46.0M | 55.4M | 38.2M | 36.3M | |
Net Receivables | 179.0M | 238.6M | 412.0M | 177.2M | 142.7M | 176.6M | |
Common Stock Total Equity | 86.3M | 91.0M | 91.2M | 91.5M | 105.2M | 80.4M | |
Liabilities And Stockholders Equity | 7.0B | 7.5B | 7.9B | 8.3B | 8.3B | 5.4B | |
Non Current Liabilities Total | 4.5B | 4.4B | 3.9B | 4.5B | 4.4B | 3.0B | |
Inventory | 85.2M | 120.4M | 172.3M | 81.5M | 82.7M | 94.9M | |
Other Current Assets | 33.3M | 132.0M | 130.8M | 86.1M | 92.2M | 83.4M | |
Other Stockholder Equity | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B | 783.0M | |
Total Liab | 5.0B | 5.7B | 5.8B | 5.3B | 5.5B | 3.6B | |
Property Plant And Equipment Gross | 6.0B | 6.4B | 6.6B | 13.6B | 15.7B | 16.5B | |
Total Current Assets | 314.2M | 522.4M | 761.1M | 414.4M | 355.9M | 474.1M | |
Accumulated Other Comprehensive Income | (114.8M) | (513.6M) | (625.7M) | (55.1M) | (15.5M) | (16.2M) | |
Short Term Debt | 34.9M | 162.5M | 623.2M | 287.5M | 590.7M | 620.2M | |
Common Stock | 91.0M | 91.2M | 91.5M | 91.8M | 91.0M | 81.7M | |
Other Liab | 1.9B | 1.8B | 1.8B | 2.1B | 2.4B | 2.5B | |
Other Assets | 514.8M | 7.2B | 468.2M | 486.5M | 559.5M | 815.7M | |
Long Term Debt | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 1.7B | |
Property Plant Equipment | 53.4M | 6.4B | 6.6B | 7.3B | 8.4B | 4.5B | |
Net Tangible Assets | 4.6B | 1.8B | 2.1B | 3.0B | 2.7B | 2.7B | |
Retained Earnings Total Equity | 1.3B | 991.6M | 1.2B | 1.6B | 1.8B | 1.2B | |
Long Term Debt Total | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 2.1B | |
Capital Surpluse | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 908.4M | |
Deferred Long Term Liab | 835.2M | 252.7M | 259.7M | 191.2M | 172.1M | 163.5M |
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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.