NiSource Net Tangible Assets from 2010 to 2024

NI Stock  USD 28.50  0.40  1.42%   
NiSource's Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about 13.9 B. Net Tangible Assets is the total assets of NiSource minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
17.1 B
Current Value
4.6 B
Quarterly Volatility
2.6 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NiSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NiSource main balance sheet or income statement drivers, such as Interest Expense of 526.3 M, Total Revenue of 5 B or Gross Profit of 3.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0393 or PTB Ratio of 0.7. NiSource financial statements analysis is a perfect complement when working with NiSource Valuation or Volatility modules.
  
This module can also supplement NiSource's financial leverage analysis and stock options assessment as well as various NiSource Technical models . Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

Latest NiSource's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of NiSource over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. NiSource's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NiSource's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

NiSource Net Tangible Assets Regression Statistics

Arithmetic Mean13,076,948,500
Geometric Mean12,918,942,452
Coefficient Of Variation16.24
Mean Deviation1,642,211,733
Median12,962,900,000
Standard Deviation2,124,269,441
Sample Variance4512520.7T
Range8.1B
R-Value0.62
Mean Square Error2996490.7T
R-Squared0.38
Significance0.01
Slope294,114,348
Total Sum of Squares63175289.2T

NiSource Net Tangible Assets History

202413.9 B
202317.9 B
202215.6 B
202114.6 B
202014.1 B
201913 B
201812 B

About NiSource Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NiSource income statement, its balance sheet, and the statement of cash flows. NiSource investors use historical funamental indicators, such as NiSource's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although NiSource investors may use each financial statement separately, they are all related. The changes in NiSource's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NiSource's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NiSource Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NiSource. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets17.9 B13.9 B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether NiSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NiSource'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 Nisource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisource Stock:
Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for NiSource Stock analysis

When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Stocks Directory
Find actively traded stocks across global markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is NiSource's industry 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
(0.03)
Dividend Share
1.015
Earnings Share
1.48
Revenue Per Share
13.231
Quarterly Revenue Growth
(0.17)
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.