NiSource Historical Balance Sheet
NI Stock | USD 38.25 0.30 0.79% |
Trend analysis of NiSource balance sheet accounts such as Other Current Liab of 1.2 B, Total Current Liabilities of 3.5 B or Total Stockholder Equity of 4.9 B provides information on NiSource's total assets, liabilities, and equity, which is the actual value of NiSource to its prevalent stockholders. By breaking down trends over time using NiSource balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NiSource latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NiSource is a good buy for the upcoming year.
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About NiSource Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NiSource at a specified time, usually calculated after every quarter, six months, or one year. NiSource Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NiSource 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 NiSource currently owns. An asset can also be divided into two categories, current and non-current.
NiSource Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of NiSource assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NiSource books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on NiSource balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NiSource are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from NiSource's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NiSource current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.As of now, NiSource's Net Receivables is increasing as compared to previous years. The NiSource's current Other Stockholder Equity is estimated to increase to about 9.2 B, while Common Stock Shares Outstanding is projected to decrease to under 263.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.8B | 11.7B | 14.1B | 7.8B | Total Assets | 24.2B | 26.7B | 31.1B | 19.2B |
NiSource balance sheet Correlations
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NiSource Account Relationship Matchups
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NiSource balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 376.0M | 384.3M | 417.3M | 442.7M | 447.9M | 263.6M | |
Total Assets | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Short Long Term Debt Total | 9.6B | 9.7B | 9.8B | 11.7B | 14.1B | 7.8B | |
Other Current Liab | 1.0B | 676.7M | 908.6M | 1.4B | 1.2B | 1.2B | |
Total Current Liabilities | 3.7B | 2.3B | 2.7B | 4.7B | 5.3B | 3.5B | |
Total Stockholder Equity | 6.0B | 5.8B | 6.9B | 7.6B | 8.3B | 4.9B | |
Property Plant And Equipment Net | 16.9B | 16.6B | 17.9B | 19.8B | 22.3B | 12.3B | |
Current Deferred Revenue | 256.4M | 243.3M | 237.9M | 324.7M | (248.8M) | (236.4M) | |
Net Debt | 9.5B | 9.6B | 9.7B | 11.6B | 11.9B | 7.7B | |
Retained Earnings | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (967M) | (918.7M) | |
Accounts Payable | 666M | 589M | 697.8M | 899.5M | 749.4M | 629.6M | |
Cash | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Non Current Assets Total | 20.8B | 20.4B | 22.2B | 24.2B | 26.6B | 17.0B | |
Non Currrent Assets Other | 764.5M | 553.1M | 949.3M | 2.6B | 2.5B | 2.7B | |
Cash And Short Term Investments | 139.3M | 116.5M | 84.2M | 40.8M | 2.2B | 2.4B | |
Net Receivables | 905.4M | 825.4M | 925.2M | 1.2B | 928M | 942.9M | |
Liabilities And Stockholders Equity | 22.7B | 22.0B | 24.2B | 26.7B | 31.1B | 19.2B | |
Non Current Liabilities Total | 12.9B | 13.9B | 14.1B | 14.2B | 15.7B | 10.9B | |
Inventory | 424.7M | 401.1M | 498.7M | 751.9M | 503.2M | 499.5M | |
Other Current Assets | 225.7M | 316.4M | 412.7M | 621.6M | 822.8M | 418.9M | |
Other Stockholder Equity | 6.6B | 6.8B | 7.1B | 7.3B | 8.8B | 9.2B | |
Total Liab | 16.7B | 16.2B | 16.9B | 18.8B | 20.9B | 14.2B | |
Total Current Assets | 1.9B | 1.7B | 1.9B | 2.6B | 4.5B | 2.3B | |
Accumulated Other Comprehensive Income | (92.6M) | (156.7M) | (126.8M) | (37.1M) | (33.6M) | (35.3M) | |
Short Term Debt | 1.8B | 526.3M | 624.8M | 1.8B | 3.1B | 3.3B | |
Other Liab | 4.9B | 4.6B | 5.0B | 4.6B | 5.3B | 3.6B | |
Other Assets | 2.3B | 2.0B | 2.6B | 2.6B | 63.6M | 60.4M | |
Long Term Debt | 7.9B | 9.0B | 9.2B | 9.5B | 11.1B | 7.5B | |
Property Plant Equipment | 17.0B | 39.9M | 17.9B | 35.7M | 41.1M | 39.0M | |
Property Plant And Equipment Gross | 16.9B | 16.6B | 25.2B | 27.6B | 30.5B | 15.6B | |
Net Tangible Assets | 13.0B | 14.1B | 14.6B | 15.6B | 17.9B | 13.9B | |
Retained Earnings Total Equity | (1.4B) | (1.8B) | (1.6B) | (1.2B) | (1.1B) | (1.0B) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 NiSource. If investors know NiSource 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 NiSource 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 0.097 | Dividend Share 1.06 | Earnings Share 1.64 | Revenue Per Share 11.933 | Quarterly Revenue Growth 0.048 |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.