NorthWestern Common Stock Total Equity vs Other Current Assets Analysis

NWE Stock  USD 54.72  0.24  0.44%   
NorthWestern financial indicator trend analysis is infinitely more than just investigating NorthWestern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthWestern is a good investment. Please check the relationship between NorthWestern Common Stock Total Equity and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.

Common Stock Total Equity vs Other Current Assets

Common Stock Total Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWestern Common Stock Total Equity account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NorthWestern's Common Stock Total Equity and Other Current Assets is -0.42. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of NorthWestern, assuming nothing else is changed. The correlation between historical values of NorthWestern's Common Stock Total Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of NorthWestern are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Total Equity i.e., NorthWestern's Common Stock Total Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from NorthWestern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthWestern 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 NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.At present, NorthWestern's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.29, whereas Issuance Of Capital Stock is forecasted to decline to about 127.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit946.8M985.8M781.4M484.9M
Total Revenue1.4B1.5B1.4B1.3B

NorthWestern fundamental ratios Correlations

0.980.970.650.60.80.840.070.970.740.75-0.030.840.36-0.030.85-0.740.980.750.590.820.980.730.750.09-0.74
0.981.00.690.580.820.850.01.00.760.78-0.020.850.41-0.020.84-0.691.00.770.660.830.990.750.780.06-0.69
0.971.00.670.580.810.850.031.00.760.73-0.010.860.41-0.010.81-0.680.990.720.630.830.990.740.740.09-0.68
0.650.690.670.070.710.72-0.320.670.780.63-0.180.680.61-0.180.56-0.330.70.670.610.660.660.690.6-0.43-0.33
0.60.580.580.070.460.50.280.580.250.530.490.550.030.490.73-0.770.540.510.360.560.630.420.650.8-0.77
0.80.820.810.710.460.99-0.320.810.970.720.050.990.680.050.83-0.570.790.770.660.990.80.980.77-0.03-0.57
0.840.850.850.720.50.99-0.190.850.940.690.070.990.620.070.84-0.640.830.720.620.990.840.940.760.02-0.64
0.070.00.03-0.320.28-0.32-0.190.03-0.41-0.270.21-0.19-0.570.21-0.07-0.410.04-0.43-0.43-0.260.07-0.49-0.230.37-0.41
0.971.01.00.670.580.810.850.030.760.73-0.020.850.41-0.020.81-0.670.990.720.630.820.990.740.740.09-0.67
0.740.760.760.780.250.970.94-0.410.760.68-0.130.930.75-0.130.73-0.420.750.720.650.930.730.950.68-0.22-0.42
0.750.780.730.630.530.720.69-0.270.730.680.080.710.330.080.88-0.570.740.880.870.730.760.730.930.0-0.57
-0.03-0.02-0.01-0.180.490.050.070.21-0.02-0.130.080.1-0.131.00.27-0.35-0.040.09-0.10.140.040.050.250.45-0.35
0.840.850.860.680.550.990.99-0.190.850.930.710.10.650.10.86-0.670.840.750.640.990.850.950.790.06-0.67
0.360.410.410.610.030.680.62-0.570.410.750.33-0.130.65-0.130.4-0.150.410.560.420.630.40.740.42-0.28-0.15
-0.03-0.02-0.01-0.180.490.050.070.21-0.02-0.130.081.00.1-0.130.27-0.35-0.040.09-0.10.140.040.050.250.45-0.35
0.850.840.810.560.730.830.84-0.070.810.730.880.270.860.40.27-0.840.810.840.740.870.850.820.950.2-0.84
-0.74-0.69-0.68-0.33-0.77-0.57-0.64-0.41-0.67-0.42-0.57-0.35-0.67-0.15-0.35-0.84-0.7-0.54-0.42-0.64-0.75-0.5-0.73-0.331.0
0.981.00.990.70.540.790.830.040.990.750.74-0.040.840.41-0.040.81-0.70.730.650.80.990.720.750.02-0.7
0.750.770.720.670.510.770.72-0.430.720.720.880.090.750.560.090.84-0.540.730.740.780.740.830.89-0.02-0.54
0.590.660.630.610.360.660.62-0.430.630.650.87-0.10.640.42-0.10.74-0.420.650.740.650.650.720.87-0.1-0.42
0.820.830.830.660.560.990.99-0.260.820.930.730.140.990.630.140.87-0.640.80.780.650.820.970.80.07-0.64
0.980.990.990.660.630.80.840.070.990.730.760.040.850.40.040.85-0.750.990.740.650.820.730.790.12-0.75
0.730.750.740.690.420.980.94-0.490.740.950.730.050.950.740.050.82-0.50.720.830.720.970.730.8-0.06-0.5
0.750.780.740.60.650.770.76-0.230.740.680.930.250.790.420.250.95-0.730.750.890.870.80.790.80.12-0.73
0.090.060.09-0.430.8-0.030.020.370.09-0.220.00.450.06-0.280.450.2-0.330.02-0.02-0.10.070.12-0.060.12-0.33
-0.74-0.69-0.68-0.33-0.77-0.57-0.64-0.41-0.67-0.42-0.57-0.35-0.67-0.15-0.35-0.841.0-0.7-0.54-0.42-0.64-0.75-0.5-0.73-0.33
Click cells to compare fundamentals

NorthWestern Account Relationship Matchups

NorthWestern fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.8M50.7M51.9M56.3M60.4M38.9M
Total Assets5.9B6.4B6.8B7.3B7.6B3.9B
Short Long Term Debt Total2.3B2.4B2.6B2.6B2.8B1.5B
Other Current Liab235.1M171.3M172.5M172.5M200.4M111.3M
Total Current Liabilities334.3M466.4M379.6M620.8M534.9M491.8M
Total Stockholder Equity2.0B2.1B2.3B2.7B2.8B2.9B
Property Plant And Equipment Net5.3B5.0B5.2B5.7B6.0B6.3B
Net Debt2.2B2.4B2.6B2.6B2.8B1.5B
Retained Earnings635.2M670.1M728.5M771.4M811.5M852.1M
Accounts Payable96.7M100.4M115.2M201.5M124.3M92.8M
Cash5.1M5.8M2.8M8.5M9.2M13.3M
Non Current Assets Total5.6B6.1B6.3B6.8B7.2B7.6B
Non Currrent Assets Other66.3M770.2M737.8M224.9M796.3M836.1M
Cash And Short Term Investments5.1M5.8M2.8M8.5M9.2M13.3M
Net Receivables167.4M168.2M198.7M245.0M212.3M197.2M
Common Stock Total Equity530K539K541K633K569.7K541.2K
Liabilities And Stockholders Equity5.9B6.4B6.8B7.3B7.6B3.9B
Non Current Liabilities Total3.5B3.8B4.1B4.0B4.3B2.2B
Inventory53.9M61.0M80.6M107.4M114.5M68.7M
Other Current Assets68.3M73.6M155.7M178.0M71.0M81.8M
Other Stockholder Equity1.4B1.4B1.6B1.9B2.0B2.1B
Total Liab3.9B4.3B4.4B4.7B4.8B2.8B
Property Plant And Equipment Gross4.7B5.0B7.3B7.8B8.3B8.7B
Total Current Assets301.6M308.7M437.8M538.8M407.0M375.4M
Accumulated Other Comprehensive Income(9.6M)(7.3M)(7.3M)(7.8M)(7.7M)(7.3M)
Short Term Debt2.5M105.3M5.8M150.7M103.3M146.0M
Other Liab1.3B1.5B1.5B1.5B1.8B959.4M
Other Assets528.6M752.0M737.8M763.9M878.5M922.4M
Long Term Debt2.2B2.3B2.5B2.5B2.7B1.6B
Property Plant Equipment4.7B5.0B5.2B5.7B6.5B6.8B
Treasury Stock(95.5M)(96.0M)(98.1M)(98.4M)(88.6M)(93.0M)
Net Tangible Assets1.7B1.7B2.0B2.3B2.7B1.4B
Retained Earnings Total Equity548.3M635.2M670.1M771.4M887.1M931.5M
Long Term Debt Total2.1B2.3B2.3B2.5B2.8B1.9B
Capital Surpluse1.5B1.5B1.5B2.0B2.3B1.4B

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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 NorthWestern is a strong investment it is important to analyze NorthWestern'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 NorthWestern's future performance. For an informed investment choice regarding NorthWestern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Multi-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 NorthWestern. If investors know NorthWestern 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 NorthWestern 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
0.583
Dividend Share
2.59
Earnings Share
3.71
Revenue Per Share
24.421
Quarterly Revenue Growth
0.075
The market value of NorthWestern is measured differently than its book value, which is the value of NorthWestern that is recorded on the company's balance sheet. Investors also form their own opinion of NorthWestern's value that differs from its market value or its book value, called intrinsic value, which is NorthWestern'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 NorthWestern's market value can be influenced by many factors that don't directly affect NorthWestern'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 NorthWestern's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthWestern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthWestern'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.