Norfolk Accounts Payable vs Cash Analysis

NSC Stock  USD 275.38  0.71  0.26%   
Norfolk Southern financial indicator trend analysis is infinitely more than just investigating Norfolk Southern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norfolk Southern is a good investment. Please check the relationship between Norfolk Southern Accounts Payable and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norfolk Southern Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Norfolk Southern's Accounts Payable and Cash is -0.14. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Norfolk Southern, assuming nothing else is changed. The correlation between historical values of Norfolk Southern's Accounts Payable 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 Accounts Payable of Norfolk Southern 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 Accounts Payable i.e., Norfolk Southern's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Norfolk Southern obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Norfolk Southern are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Norfolk Southern, which is listed under current asset account on Norfolk Southern balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Norfolk Southern customers. The amounts must be unrestricted with restricted cash listed in a different Norfolk Southern 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 Norfolk Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norfolk Southern 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 Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.The current year's Enterprise Value is expected to grow to about 48.1 B, whereas Selling General Administrative is forecasted to decline to about 61.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.0B5.5B6.1B4.4B
Total Revenue11.1B12.7B12.2B8.4B

Norfolk Southern fundamental ratios Correlations

0.66-0.770.830.870.990.690.84-0.141.0-0.25-0.140.52-0.960.960.890.390.950.960.280.490.70.220.330.40.88
0.66-0.30.640.470.611.00.450.310.66-0.030.290.42-0.820.680.470.250.620.690.190.130.520.260.00.770.76
-0.77-0.3-0.51-0.72-0.82-0.35-0.710.4-0.780.310.38-0.430.75-0.72-0.8-0.1-0.89-0.71-0.02-0.54-0.41-0.14-0.790.06-0.5
0.830.64-0.510.760.810.670.73-0.080.83-0.47-0.080.45-0.80.750.650.290.730.780.180.640.760.330.030.470.83
0.870.47-0.720.760.890.511.0-0.270.88-0.36-0.280.18-0.810.690.690.560.880.710.050.570.610.060.30.340.65
0.990.61-0.820.810.890.640.86-0.211.0-0.3-0.210.51-0.940.940.910.380.960.950.230.520.690.210.390.340.84
0.691.0-0.350.670.510.640.490.210.69-0.070.190.45-0.850.710.490.260.650.720.130.160.550.30.030.780.79
0.840.45-0.710.731.00.860.49-0.310.86-0.35-0.320.15-0.780.650.650.550.860.67-0.020.560.590.040.30.350.61
-0.140.310.4-0.08-0.27-0.210.21-0.31-0.180.411.0-0.140.04-0.04-0.13-0.04-0.17-0.050.69-0.26-0.14-0.31-0.250.13-0.04
1.00.66-0.780.830.881.00.690.86-0.18-0.27-0.180.51-0.960.950.880.380.950.960.230.510.690.230.330.410.88
-0.25-0.030.31-0.47-0.36-0.3-0.07-0.350.41-0.270.42-0.150.21-0.14-0.25-0.09-0.28-0.160.31-0.56-0.24-0.41-0.10.09-0.19
-0.140.290.38-0.08-0.28-0.210.19-0.321.0-0.180.42-0.130.05-0.04-0.12-0.07-0.16-0.050.71-0.26-0.14-0.32-0.220.11-0.05
0.520.42-0.430.450.180.510.450.15-0.140.51-0.15-0.13-0.540.640.570.110.470.640.32-0.050.680.430.320.090.61
-0.96-0.820.75-0.8-0.81-0.94-0.85-0.780.04-0.960.210.05-0.54-0.93-0.82-0.32-0.94-0.94-0.22-0.42-0.67-0.25-0.35-0.51-0.87
0.960.68-0.720.750.690.940.710.65-0.040.95-0.14-0.040.64-0.930.910.240.881.00.390.370.660.270.320.380.9
0.890.47-0.80.650.690.910.490.65-0.130.88-0.25-0.120.57-0.820.910.30.880.910.390.440.560.210.520.060.72
0.390.25-0.10.290.560.380.260.55-0.040.38-0.09-0.070.11-0.320.240.30.360.250.2-0.120.53-0.11-0.060.260.27
0.950.62-0.890.730.880.960.650.86-0.170.95-0.28-0.160.47-0.940.880.880.360.880.20.480.620.110.570.260.74
0.960.69-0.710.780.710.950.720.67-0.050.96-0.16-0.050.64-0.941.00.910.250.880.380.40.680.280.30.390.91
0.280.19-0.020.180.050.230.13-0.020.690.230.310.710.32-0.220.390.390.20.20.38-0.120.26-0.20.04-0.10.26
0.490.13-0.540.640.570.520.160.56-0.260.51-0.56-0.26-0.05-0.420.370.44-0.120.480.4-0.120.070.40.120.040.4
0.70.52-0.410.760.610.690.550.59-0.140.69-0.24-0.140.68-0.670.660.560.530.620.680.260.070.050.150.350.68
0.220.26-0.140.330.060.210.30.04-0.310.23-0.41-0.320.43-0.250.270.21-0.110.110.28-0.20.40.05-0.20.260.43
0.330.0-0.790.030.30.390.030.3-0.250.33-0.1-0.220.32-0.350.320.52-0.060.570.30.040.120.15-0.2-0.44-0.01
0.40.770.060.470.340.340.780.350.130.410.090.110.09-0.510.380.060.260.260.39-0.10.040.350.26-0.440.58
0.880.76-0.50.830.650.840.790.61-0.040.88-0.19-0.050.61-0.870.90.720.270.740.910.260.40.680.43-0.010.58
Click cells to compare fundamentals

Norfolk Southern Account Relationship Matchups

Norfolk Southern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.9B38.0B38.5B38.9B41.7B25.5B
Short Long Term Debt Total12.2B12.7B13.8B15.2B17.6B18.4B
Other Current Liab327M253M230M247M623M654.2M
Total Current Liabilities2.3B2.2B2.5B2.6B2.6B2.0B
Total Stockholder Equity15.2B14.8B13.6B12.7B12.8B9.5B
Property Plant And Equipment Net31.6B31.3B31.7B32.2B33.3B20.1B
Net Debt11.6B11.6B13.0B14.7B16.0B16.8B
Retained Earnings13.2B12.9B11.6B10.7B10.7B8.2B
Cash580M1.1B839M456M1.6B1.6B
Non Current Assets Total35.8B35.6B36.3B36.9B38.4B23.4B
Non Currrent Assets Other800M709M966M(6.2B)677M710.9M
Cash And Short Term Investments580M1.1B839M456M1.6B1.6B
Net Receivables920M848M976M1.1B1.1B939.9M
Common Stock Shares Outstanding265.6M256.6M248.1M235.6M227.4M305.0M
Liabilities And Stockholders Equity37.9B38.0B38.5B38.9B41.7B25.5B
Non Current Liabilities Total20.4B21.0B22.3B23.5B26.2B14.0B
Inventory244M221M218M253M264M155.8M
Other Current Assets288M337M134M150M292M165.1M
Other Stockholder Equity2.2B2.2B2.2B2.2B2.2B1.8B
Total Liab22.7B23.2B24.9B26.2B28.9B16.0B
Total Current Assets2.1B2.3B2.2B2.0B3.3B2.1B
Short Term Debt316M668M635M797M109M103.6M
Accounts Payable1.4B976M1.4B1.3B1.6B1.1B
Current Deferred Revenue229M263M305M7.3B117M111.2M
Common Stock Total Equity259M254M242M230M207M259.0M
Property Plant And Equipment Gross31.6B31.7B43.7B44.7B46.6B24.9B
Accumulated Other Comprehensive Income(491M)(594M)(402M)(351M)(320M)(336M)
Common Stock259M254M242M230M227M256.5M
Other Liab7.8B8.9B9.0B8.2B9.4B9.9B
Other Assets1.0B35.6B966M621M714.2M678.4M
Long Term Debt11.9B12.1B13.3B14.5B17.2B10.0B
Property Plant Equipment31.6B31.3B31.7B32.2B37.0B26.3B
Net Tangible Assets15.2B14.8B13.6B12.7B14.6B14.0B
Retained Earnings Total Equity13.2B12.9B11.6B10.7B12.3B9.6B
Long Term Debt Total11.9B12.1B13.3B14.5B16.7B11.0B
Capital Surpluse2.2B2.2B2.2B2.2B2.5B2.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Norfolk Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norfolk Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norfolk Southern Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norfolk Southern Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Ground Transportation 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 Norfolk Southern. If investors know Norfolk 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 Norfolk Southern 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
1.31
Dividend Share
5.4
Earnings Share
10.63
Revenue Per Share
53.858
Quarterly Revenue Growth
0.027
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern'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 Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern'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 Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern'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.