Northland Total Stockholder Equity vs Cash 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 Total Stockholder Equity and its Cash 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.

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northland Power Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Northland Power's Total Stockholder Equity and Cash is 0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Total Stockholder Equity and Cash 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 Stockholder Equity of Northland Power are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Northland Power's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Northland Power, which is listed under current asset account on Northland Power balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Northland Power customers. The amounts must be unrestricted with restricted cash listed in a different Northland Power 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.

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 Total Stockholder Equity vs Cash Analysis

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Cash

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

COMMON DESTINATIONS

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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