Northern Net Debt from 2010 to 2024
| NTRS Stock | USD 85.40 0.23 0.27% |
Net Debt | First Reported 1989-03-31 | Previous Quarter -23.8 B | Current Value -30.5 B | Quarterly Volatility 9.4 B |
Check Northern Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern main balance sheet or income statement drivers, such as Interest Expense of 5.6 B, Other Operating Expenses of 11.2 B or Operating Income of 995.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0398 or PTB Ratio of 2.87. Northern financial statements analysis is a perfect complement when working with Northern Trust Valuation or Volatility modules.
Northern | Net Debt |
Latest Northern Trust's Net Debt Growth Pattern
Below is the plot of the Net Debt of Northern Trust over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Northern Trust's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Trust's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Northern Net Debt Regression Statistics
| Arithmetic Mean | (1,218,084,667) | |
| Geometric Mean | 5,644,858,918 | |
| Coefficient Of Variation | (1,014) | |
| Mean Deviation | 9,303,162,133 | |
| Median | 3,779,200,000 | |
| Standard Deviation | 12,350,014,348 | |
| Sample Variance | 152522854.4T | |
| Range | 36.3B | |
| R-Value | (0.11) | |
| Mean Square Error | 162146315.8T | |
| R-Squared | 0.01 | |
| Significance | 0.69 | |
| Slope | (312,923,179) | |
| Total Sum of Squares | 2135319961.7T |
Northern Net Debt History
Other Fundumenentals of Northern Trust
Northern Trust Net Debt component correlations
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About Northern Trust Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Northern Trust income statement, its balance sheet, and the statement of cash flows. Northern Trust investors use historical funamental indicators, such as Northern Trust's Net Debt, to determine how well the company is positioned to perform in the future. Although Northern Trust investors may use each financial statement separately, they are all related. The changes in Northern Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Trust'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 Northern Trust Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northern Trust. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Debt | -23.8 B | -22.6 B | |
| Net Debt To EBITDA | 446.08 | 468.38 |
Pair Trading with Northern Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Trust will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Northern Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Trust to buy it.
The correlation of Northern Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Northern Trust Correlation against competitors. For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Northern Stock analysis
When running Northern Trust's price analysis, check to measure Northern Trust'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 Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
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Is Northern Trust'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 Northern Trust. If investors know Northern 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 Northern Trust 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 (0.36) | Dividend Share 3 | Earnings Share 4.53 | Revenue Per Share 32.345 | Quarterly Revenue Growth (0.04) |
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust'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 Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust'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 Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust'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.