National Cash vs Long Term Debt Analysis
| NNN Stock | USD 44.40 0.56 1.28% |
National Retail financial indicator trend analysis is infinitely more than just investigating National Retail Prop recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Retail Prop is a good investment. Please check the relationship between National Retail Cash and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Retail Properties. 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.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Retail Prop Cash account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between National Retail's Cash and Long Term Debt is 0.2. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of National Retail Properties, assuming nothing else is changed. The correlation between historical values of National Retail's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of National Retail Properties are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., National Retail's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of National Retail Prop, which is listed under current asset account on National Retail Properties balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from National Retail customers. The amounts must be unrestricted with restricted cash listed in a different National Retail account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Long Term Debt
Long-term debt is a debt that National Retail Prop has held for over one year. Long-term debt appears on National Retail Properties balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Retail Properties balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from National Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Retail Prop 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 Retail Properties. 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. At this time, National Retail's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 24.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 698.0M | 746.8M | 799.7M | 839.7M | Total Revenue | 726.4M | 773.1M | 828.1M | 869.5M |
National Retail fundamental ratios Correlations
Click cells to compare fundamentals
National Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Retail fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.4B | 7.6B | 7.8B | 8.1B | 8.7B | 9.1B | |
| Total Stockholder Equity | 4.3B | 4.3B | 3.9B | 4.1B | 4.2B | 4.4B | |
| Retained Earnings | (499.2M) | (644.8M) | (747.9M) | (793.8M) | (805.9M) | (765.6M) | |
| Common Stock Shares Outstanding | 165.1M | 172.2M | 174.8M | 174.7M | 181.7M | 190.8M | |
| Liabilities And Stockholders Equity | 7.4B | 7.6B | 7.8B | 8.1B | 8.7B | 9.1B | |
| Other Stockholder Equity | 4.5B | 4.6B | 4.7B | 4.9B | 5.0B | 5.2B | |
| Property Plant And Equipment Net | 7.5M | 6.7M | 7.4B | 8.0B | 8.5B | 9.0B | |
| Non Current Assets Total | 7.4B | 7.3B | 7.5B | 8.1B | 8.6B | 9.0B | |
| Non Currrent Assets Other | 7.3B | 7.2B | 23.5M | 24.2M | 8.6B | 9.0B | |
| Other Assets | 7.4B | 32.4M | 216.3M | 37.4M | (210K) | (199.5K) | |
| Net Receivables | 31.8M | 58.3M | 35.1M | 31.4M | 38.3M | 25.7M | |
| Total Current Assets | 42.7M | 333.1M | 219.4M | 43.5M | 51.2M | 48.7M | |
| Short Long Term Debt Total | 3.0B | 3.2B | 3.7B | 3.9B | 4.4B | 4.6B | |
| Net Debt | 3.0B | 3.0B | 3.6B | 3.9B | 4.4B | 4.6B | |
| Non Current Liabilities Total | 3.0B | 3.3B | 3.8B | 3.8B | 4.3B | 4.6B | |
| Total Liab | 3.1B | 3.3B | 3.8B | 4.0B | 4.5B | 4.7B | |
| Other Current Liab | 18.3M | 18.8M | 23.3M | 23.8M | 166.4M | 174.7M | |
| Total Current Liabilities | 151.9M | 19.4M | 23.9M | 190.0M | 166.4M | 234.9M | |
| Accounts Payable | 18.3M | 19.4M | 23.9M | 23.8M | 27.4M | 31.0M | |
| Cash | 1.1M | 267.2M | 171.3M | 2.5M | 1.2M | 1.1M | |
| Cash And Short Term Investments | 1.1M | 267.2M | 171.3M | 2.5M | 1.2M | 1.1M | |
| Common Stock Total Equity | 1.7M | 1.8M | 1.8M | 1.8M | 2.1M | 2.2M | |
| Common Stock | 1.7M | 1.8M | 1.8M | 1.8M | 1.8M | 1.0M | |
| Short Term Debt | 133.6M | 630K | 664K | 10.0M | 132M | 125.4M | |
| Other Liab | 81.3M | 69.3M | 79.0M | 82.7M | 95.1M | 66.0M | |
| Long Term Debt | 2.9B | 3.2B | 3.7B | 3.7B | 4.2B | 4.4B | |
| Accumulated Other Comprehensive Income | (11.1M) | (16.4M) | (15.0M) | (12.6M) | (10.1M) | (10.6M) | |
| Inventory | 7.0M | 5.7M | 5.6M | 4.3M | 8.5M | 8.1M | |
| Other Current Assets | 2.8M | 1.9M | 7.4M | 10.4M | 8.5M | 10.5M | |
| Noncontrolling Interest In Consolidated Entity | 355K | 7K | 4K | 1K | 900.0 | 855.0 | |
| Retained Earnings Total Equity | (499.2M) | (644.8M) | (747.9M) | (793.8M) | (714.4M) | (678.7M) | |
| Deferred Long Term Liab | 2.8M | 1.9M | 7.4M | 5.4M | 6.2M | 3.3M | |
| Intangible Assets | 76.4M | 69.5M | 67.5M | 61.7M | 40.7M | 58.6M | |
| Property Plant Equipment | 7.3B | 7.2B | 7.4B | 8.0B | 8.5B | 5.9B | |
| Net Tangible Assets | 4.0B | 4.0B | 3.9B | 4.1B | 4.7B | 3.5B |
Pair Trading with National Retail
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Retail position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Retail will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
Moving against National Stock
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| 0.5 | DRH | Diamondrock Hospitality Sell-off Trend | PairCorr |
The ability to find closely correlated positions to National Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Retail when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Retail - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Retail Properties to buy it.
The correlation of National Retail is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Retail Prop moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Retail can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Retail Properties. 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. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Retail REITs 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 Retail. 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 Retail 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 (0.1) | Dividend Share 2.275 | Earnings Share 2.16 | Revenue Per Share 4.753 | Quarterly Revenue Growth 0.065 |
The market value of National Retail Prop 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 Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail'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 Retail's market value can be influenced by many factors that don't directly affect National Retail'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 Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail'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.