Northland Free Cash Flow Yield vs Price To Sales Ratio Analysis

NPI Stock

CAD 20.39 0.36 1.80%

Northland Power financial indicator trend analysis is infinitely more than just investigating Northland Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northland Power is a good investment. Please check the relationship between Northland Power Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northland Power. 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northland Power Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Northland Power's Free Cash Flow Yield and Price To Sales Ratio is 0.03. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Northland Power, assuming nothing else is changed. The correlation between historical values of Northland Power's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Northland Power are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Northland Power's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Northland Power stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Northland Power sales, a figure that is much harder to manipulate than other Northland Power multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Northland Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northland Power 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 Northland Power. 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, Northland Power's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 477.2 M, while Tax Provision is likely to drop about 37.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.2B	1.6B	1.7B
Total Revenue	2.1B	2.4B	2.2B	2.3B

Gross Profit Total Revenue

Northland Power fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total
Common Stock Shares Outstanding		0.95	0.62	0.85	0.83	0.92	0.84	-0.5	0.49	0.78	0.95	0.79	0.82	0.91	0.98	-0.4	0.53	-0.36	0.9	0.94	0.87	0.94	0.87	0.7	0.86	0.74
Total Assets	0.95		0.71	0.93	0.79	0.99	0.93	-0.44	0.57	0.83	1.0	0.74	0.85	0.94	0.96	-0.29	0.65	-0.48	0.98	0.98	0.93	0.92	0.95	0.63	0.91	0.85
Other Current Liab	0.62	0.71		0.88	0.65	0.66	0.56	-0.02	0.19	0.85	0.67	0.66	0.81	0.67	0.59	0.07	0.7	-0.33	0.65	0.68	0.89	0.67	0.61	0.55	0.77	0.57
Total Current Liabilities	0.85	0.93	0.88		0.8	0.89	0.79	-0.21	0.47	0.89	0.91	0.77	0.89	0.92	0.85	-0.16	0.7	-0.4	0.88	0.92	0.97	0.88	0.83	0.63	0.97	0.75
Total Stockholder Equity	0.83	0.79	0.65	0.8		0.69	0.51	0.06	0.17	0.88	0.77	0.94	0.94	0.81	0.78	-0.56	0.24	-0.26	0.63	0.86	0.84	0.95	0.58	0.93	0.82	0.41
Property Plant And Equipment Net	0.92	0.99	0.66	0.89	0.69		0.97	-0.53	0.65	0.76	0.99	0.65	0.77	0.9	0.95	-0.21	0.7	-0.52	1.0	0.95	0.88	0.86	0.99	0.51	0.86	0.91
Net Debt	0.84	0.93	0.56	0.79	0.51	0.97		-0.66	0.67	0.6	0.94	0.47	0.61	0.82	0.9	-0.14	0.75	-0.59	0.98	0.86	0.78	0.73	1.0	0.35	0.77	0.93
Retained Earnings	-0.5	-0.44	-0.02	-0.21	0.06	-0.53	-0.66		-0.58	0.0	-0.47	0.04	0.0	-0.3	-0.52	-0.04	-0.45	0.23	-0.57	-0.33	-0.18	-0.21	-0.61	0.14	-0.19	-0.62
Accounts Payable	0.49	0.57	0.19	0.47	0.17	0.65	0.67	-0.58		0.34	0.59	0.11	0.29	0.51	0.53	0.27	0.46	-0.28	0.67	0.55	0.42	0.37	0.67	-0.14	0.39	0.75
Cash	0.78	0.83	0.85	0.89	0.88	0.76	0.6	0.0	0.34		0.8	0.8	0.99	0.81	0.75	-0.14	0.44	-0.35	0.72	0.85	0.94	0.88	0.67	0.74	0.82	0.6
Non Current Assets Total	0.95	1.0	0.67	0.91	0.77	0.99	0.94	-0.47	0.59	0.8		0.73	0.82	0.94	0.97	-0.3	0.64	-0.48	0.98	0.98	0.91	0.91	0.96	0.61	0.9	0.86
Non Currrent Assets Other	0.79	0.74	0.66	0.77	0.94	0.65	0.47	0.04	0.11	0.8	0.73		0.86	0.75	0.74	-0.57	0.23	-0.16	0.59	0.81	0.78	0.9	0.53	0.9	0.79	0.37
Cash And Short Term Investments	0.82	0.85	0.81	0.89	0.94	0.77	0.61	0.0	0.29	0.99	0.82	0.86		0.84	0.79	-0.29	0.39	-0.35	0.73	0.89	0.94	0.93	0.68	0.83	0.85	0.57
Net Receivables	0.91	0.94	0.67	0.92	0.81	0.9	0.82	-0.3	0.51	0.81	0.94	0.75	0.84		0.9	-0.31	0.57	-0.32	0.9	0.93	0.91	0.9	0.86	0.65	0.95	0.76
Common Stock Total Equity	0.98	0.96	0.59	0.85	0.78	0.95	0.9	-0.52	0.53	0.75	0.97	0.74	0.79	0.9		-0.37	0.55	-0.5	0.93	0.95	0.85	0.93	0.92	0.64	0.86	0.79
Inventory	-0.4	-0.29	0.07	-0.16	-0.56	-0.21	-0.14	-0.04	0.27	-0.14	-0.3	-0.57	-0.29	-0.31	-0.37		0.22	0.05	-0.16	-0.37	-0.17	-0.49	-0.14	-0.73	-0.34	0.08
Other Current Assets	0.53	0.65	0.7	0.7	0.24	0.7	0.75	-0.45	0.46	0.44	0.64	0.23	0.39	0.57	0.55	0.22		-0.42	0.74	0.56	0.68	0.41	0.75	0.1	0.62	0.78
Other Stockholder Equity	-0.36	-0.48	-0.33	-0.4	-0.26	-0.52	-0.59	0.23	-0.28	-0.35	-0.48	-0.16	-0.35	-0.32	-0.5	0.05	-0.42		-0.5	-0.46	-0.41	-0.4	-0.59	-0.18	-0.37	-0.49
Total Liab	0.9	0.98	0.65	0.88	0.63	1.0	0.98	-0.57	0.67	0.72	0.98	0.59	0.73	0.9	0.93	-0.16	0.74	-0.5		0.93	0.87	0.82	0.99	0.46	0.86	0.93
Property Plant And Equipment Gross	0.94	0.98	0.68	0.92	0.86	0.95	0.86	-0.33	0.55	0.85	0.98	0.81	0.89	0.93	0.95	-0.37	0.56	-0.46	0.93		0.92	0.96	0.9	0.71	0.91	0.77
Total Current Assets	0.87	0.93	0.89	0.97	0.84	0.88	0.78	-0.18	0.42	0.94	0.91	0.78	0.94	0.91	0.85	-0.17	0.68	-0.41	0.87	0.92		0.9	0.83	0.69	0.92	0.74
Common Stock	0.94	0.92	0.67	0.88	0.95	0.86	0.73	-0.21	0.37	0.88	0.91	0.9	0.93	0.9	0.93	-0.49	0.41	-0.4	0.82	0.96	0.9		0.78	0.84	0.89	0.62
Short Long Term Debt Total	0.87	0.95	0.61	0.83	0.58	0.99	1.0	-0.61	0.67	0.67	0.96	0.53	0.68	0.86	0.92	-0.14	0.75	-0.59	0.99	0.9	0.83	0.78		0.4	0.81	0.93
Current Deferred Revenue	0.7	0.63	0.55	0.63	0.93	0.51	0.35	0.14	-0.14	0.74	0.61	0.9	0.83	0.65	0.64	-0.73	0.1	-0.18	0.46	0.71	0.69	0.84	0.4		0.69	0.2
Short Term Debt	0.86	0.91	0.77	0.97	0.82	0.86	0.77	-0.19	0.39	0.82	0.9	0.79	0.85	0.95	0.86	-0.34	0.62	-0.37	0.86	0.91	0.92	0.89	0.81	0.69		0.69
Non Current Liabilities Total	0.74	0.85	0.57	0.75	0.41	0.91	0.93	-0.62	0.75	0.6	0.86	0.37	0.57	0.76	0.79	0.08	0.78	-0.49	0.93	0.77	0.74	0.62	0.93	0.2	0.69

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Northland Power Account Relationship Matchups

Northland Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	187.6M	201.2M	218.9M	236.2M	252.7M	265.3M
Total Assets	10.5B	11.4B	12.9B	14.2B	13.6B	14.3B
Other Current Liab	486.8M	198.7M	222.6M	803.4M	250.1M	262.6M
Total Current Liabilities	1.4B	1.1B	1.4B	1.9B	1.3B	1.3B
Total Stockholder Equity	1.1B	1.6B	2.8B	4.4B	4.2B	4.4B
Property Plant And Equipment Net	8.1B	8.7B	9.6B	9.4B	9.2B	9.6B
Net Debt	6.9B	7.2B	7.0B	5.9B	6.6B	6.9B
Retained Earnings	(1.5B)	(1.4B)	(1.2B)	(701.1M)	(1.2B)	(1.2B)
Accounts Payable	193.2M	252.7M	504.6M	153.6M	161.6M	127.4M
Cash	268.2M	435.0M	673.7M	1.3B	642.5M	674.6M
Non Current Assets Total	9.2B	10.3B	11.5B	11.9B	12.2B	12.8B
Non Currrent Assets Other	350.6M	333.3M	433.1M	798.9M	812.9M	853.5M
Cash And Short Term Investments	268.2M	435.0M	673.7M	1.3B	813.5M	854.2M
Net Receivables	299.6M	376.7M	388.2M	403.1M	396.0M	415.8M
Common Stock Total Equity	2.3B	2.4B	2.4B	3.0B	3.4B	3.6B
Liabilities And Stockholders Equity	10.5B	11.4B	12.9B	14.2B	13.6B	14.3B
Inventory	21.5M	24.1M	36.6M	43.8M	(121.4M)	(115.4M)
Other Current Assets	689.5M	240.9M	316.2M	442.1M	237.2M	149.8M
Other Stockholder Equity	702K	6.5M	3.6M	5.5M	6.0M	5.7M
Total Liab	9.0B	9.4B	9.9B	9.5B	9.1B	9.6B
Property Plant And Equipment Gross	8.1B	8.7B	13.0B	12.9B	13.3B	13.9B
Total Current Assets	1.3B	1.1B	1.4B	2.3B	1.4B	1.5B
Accumulated Other Comprehensive Income	(174.6M)	(283.2M)	(280.0M)	(4.0M)	107.7M	113.0M
Common Stock	2.4B	3.0B	4.0B	4.9B	5.1B	5.3B
Short Long Term Debt Total	7.3B	7.6B	7.8B	7.2B	7.2B	7.6B
Current Deferred Revenue	18.0M	20.2M	24.9M	299.0M	343.8M	361.0M
Short Term Debt	718.0M	608.4M	677.4M	821.1M	776.0M	814.7M
Non Current Liabilities Total	7.6B	8.3B	8.5B	7.6B	7.9B	4.0B
Intangible Assets	521.1M	533.2M	497.6M	515.8M	446.9M	412.7M
Other Liab	622.2M	847.0M	1.1B	1.3B	1.5B	1.5B
Net Tangible Assets	76.7M	72.3M	1.2B	3.0B	3.5B	3.6B
Other Assets	401.2M	398.1M	466.6M	660.4M	759.5M	446.5M
Long Term Debt	6.5B	7.0B	7.0B	6.2B	6.4B	6.3B
Short Term Investments	99K	75K	115K	25M	121.4M	127.5M
Long Term Investments	166K	1.8M	131.1M	441.6M	899.9M	944.9M
Short Long Term Debt	718.0M	608.4M	677.4M	784.1M	759.8M	494.5M
Property Plant Equipment	8.1B	8.7B	9.6B	9.4B	10.8B	7.8B
Long Term Debt Total	6.6B	7.0B	7.1B	6.3B	7.3B	7.2B
Capital Surpluse	351K	3.2M	3.6M	5.5M	6.4M	6.7M

Other Information on Investing in Northland Stock

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

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Northland Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

Northland Power fundamental ratios Correlations

Northland Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northland Power fundamental ratios Accounts

Other Information on Investing in Northland Stock

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Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Net Debt
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Property Plant And Equipment Net

Current Deferred Revenue	- 0.73	Inventory
Retained Earnings	- 0.66	Net Debt
Non Current Liabilities Total	- 0.62	Retained Earnings
Short Long Term Debt Total	- 0.61	Retained Earnings
Short Long Term Debt Total	- 0.59	Other Stockholder Equity
Other Stockholder Equity	- 0.59	Net Debt