National Deferred Long Term Liab vs Long Term Investments Analysis

NFG Stock  USD 56.59  0.29  0.51%   
National Fuel financial indicator trend analysis is infinitely more than just investigating National Fuel Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Fuel Gas is a good investment. Please check the relationship between National Fuel Deferred Long Term Liab and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Deferred Long Term Liab vs Long Term Investments

Deferred Long Term Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Fuel Gas Deferred Long Term Liab account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Fuel's Deferred Long Term Liab and Long Term Investments is 0.74. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of National Fuel Gas, assuming nothing else is changed. The correlation between historical values of National Fuel's Deferred Long Term Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of National Fuel Gas are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Deferred Long Term Liab i.e., National Fuel's Deferred Long Term Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Long Term Investments

Long Term Investments is an item on the asset side of National Fuel balance sheet that represents investments National Fuel Gas intends to hold for over a year. National Fuel Gas long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from National Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Fuel Gas 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 National Fuel Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, National Fuel's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit903.0M847.8M763.1M680.4M
Total Revenue2.2B2.2B2.5B1.7B

National Fuel fundamental ratios Correlations

0.940.880.420.40.660.92-0.730.860.640.750.040.93-0.190.040.430.990.930.420.740.220.930.560.440.120.99
0.940.90.520.50.60.99-0.560.910.620.8-0.11.0-0.1-0.10.50.930.940.450.710.40.970.530.370.180.93
0.880.90.580.520.430.88-0.530.980.390.790.080.88-0.410.080.510.870.890.490.60.540.940.450.480.130.87
0.420.520.580.950.140.52-0.030.630.310.57-0.220.49-0.34-0.220.90.390.330.90.140.540.630.20.470.50.39
0.40.50.520.950.180.480.070.550.360.57-0.120.46-0.35-0.120.910.360.260.90.160.510.590.250.560.730.36
0.660.60.430.140.180.62-0.360.450.960.48-0.140.610.05-0.140.210.60.490.190.790.160.480.940.10.030.61
0.920.990.880.520.480.62-0.50.920.630.77-0.181.0-0.07-0.180.490.90.920.440.730.460.950.550.280.130.9
-0.73-0.56-0.53-0.030.07-0.36-0.5-0.49-0.27-0.46-0.18-0.55-0.01-0.18-0.03-0.78-0.74-0.07-0.390.38-0.6-0.15-0.30.26-0.78
0.860.910.980.630.550.450.92-0.490.440.79-0.150.91-0.29-0.150.550.850.890.530.630.60.950.480.330.090.85
0.640.620.390.310.360.960.63-0.270.440.5-0.240.620.08-0.240.380.570.440.370.730.170.50.880.140.180.58
0.750.80.790.570.570.480.77-0.460.790.5-0.020.77-0.15-0.020.560.730.740.50.530.360.830.440.530.230.73
0.04-0.10.08-0.22-0.12-0.14-0.18-0.18-0.15-0.24-0.02-0.16-0.541.0-0.220.06-0.01-0.2-0.12-0.26-0.05-0.130.670.160.05
0.931.00.880.490.460.611.0-0.550.910.620.77-0.16-0.04-0.160.470.920.940.420.720.410.960.540.290.140.92
-0.19-0.1-0.41-0.34-0.350.05-0.07-0.01-0.290.08-0.15-0.54-0.04-0.54-0.39-0.16-0.07-0.36-0.12-0.37-0.19-0.12-0.61-0.25-0.16
0.04-0.10.08-0.22-0.12-0.14-0.18-0.18-0.15-0.24-0.021.0-0.16-0.54-0.220.06-0.01-0.2-0.12-0.26-0.05-0.130.670.160.05
0.430.50.510.90.910.210.49-0.030.550.380.56-0.220.47-0.39-0.220.40.290.950.180.440.580.220.520.60.39
0.990.930.870.390.360.60.9-0.780.850.570.730.060.92-0.160.060.40.950.390.680.160.930.480.420.091.0
0.930.940.890.330.260.490.92-0.740.890.440.74-0.010.94-0.07-0.010.290.950.270.630.250.930.40.32-0.060.95
0.420.450.490.90.90.190.44-0.070.530.370.5-0.20.42-0.36-0.20.950.390.270.130.390.560.210.530.580.39
0.740.710.60.140.160.790.73-0.390.630.730.53-0.120.72-0.12-0.120.180.680.630.130.310.590.760.090.00.69
0.220.40.540.540.510.160.460.380.60.170.36-0.260.41-0.37-0.260.440.160.250.390.310.390.380.020.160.17
0.930.970.940.630.590.480.95-0.60.950.50.83-0.050.96-0.19-0.050.580.930.930.560.590.390.420.470.220.93
0.560.530.450.20.250.940.55-0.150.480.880.44-0.130.54-0.12-0.130.220.480.40.210.760.380.420.080.090.5
0.440.370.480.470.560.10.28-0.30.330.140.530.670.29-0.610.670.520.420.320.530.090.020.470.080.550.42
0.120.180.130.50.730.030.130.260.090.180.230.160.14-0.250.160.60.09-0.060.580.00.160.220.090.550.09
0.990.930.870.390.360.610.9-0.780.850.580.730.050.92-0.160.050.391.00.950.390.690.170.930.50.420.09
Click cells to compare fundamentals

National Fuel Account Relationship Matchups

National Fuel fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding88.0M91.7M92.1M92.3M106.1M84.3M
Total Assets7.0B7.5B7.9B8.3B9.5B5.2B
Short Long Term Debt Total2.7B2.8B2.7B2.7B3.1B1.7B
Other Current Liab262.9M869.5M1.1B316.9M364.4M197.3M
Total Current Liabilities459.6M1.2B1.9B806.3M927.3M636.7M
Total Stockholder Equity2.0B1.8B2.1B3.0B3.4B3.6B
Property Plant And Equipment Net6.0B6.4B6.6B7.3B8.4B4.2B
Current Deferred Revenue32.5M36.5M50.4M49.8M44.8M39.7M
Net Debt2.6B2.8B2.6B2.6B3.0B1.6B
Retained Earnings991.6M1.2B1.6B1.9B2.2B2.3B
Accounts Payable134.1M171.7M178.9M152.2M175.0M136.0M
Cash20.5M31.5M46.0M55.4M63.8M109.5M
Non Current Assets Total6.7B6.9B7.1B7.9B9.0B4.8B
Non Currrent Assets Other209.6M60.1M(230.1M)77.0M69.3M65.9M
Cash And Short Term Investments20.5M31.5M46.0M55.4M63.8M109.5M
Net Receivables160.9M222.3M391.7M177.2M203.8M175.2M
Common Stock Total Equity86.3M91.0M91.2M91.5M105.2M80.4M
Liabilities And Stockholders Equity7.0B7.5B7.9B8.3B9.5B5.2B
Non Current Liabilities Total4.5B4.4B3.9B4.5B5.2B2.9B
Inventory85.2M120.4M172.3M81.5M93.7M95.0M
Other Current Assets47.6M59.7M59.4M100.3M115.3M78.5M
Other Stockholder Equity1.0B1.0B1.0B1.0B1.2B770.7M
Total Liab5.0B5.7B5.8B5.3B6.1B3.5B
Property Plant And Equipment Gross6.0B6.4B6.6B13.6B15.7B16.5B
Total Current Assets314.2M522.4M761.1M414.4M476.6M476.8M
Accumulated Other Comprehensive Income(114.8M)(513.6M)(625.7M)(55.1M)(63.3M)(66.5M)
Short Term Debt30M158.5M609M287.5M258.8M198.2M
Common Stock91.0M91.2M91.5M91.8M105.6M81.1M
Other Liab1.9B1.8B1.8B2.1B2.4B2.5B
Other Assets514.8M7.2B468.2M486.5M559.5M815.7M
Long Term Debt2.6B2.6B2.1B2.4B2.7B1.7B
Property Plant Equipment53.4M6.4B6.6B7.3B8.4B4.5B
Net Tangible Assets4.6B1.8B2.1B3.0B2.7B2.7B
Retained Earnings Total Equity1.3B991.6M1.2B1.6B1.8B1.2B
Long Term Debt Total2.6B2.6B2.1B2.4B2.7B2.1B
Capital Surpluse1.0B1.0B1.0B1.0B1.2B908.4M
Deferred Long Term Liab835.2M252.7M259.7M191.2M172.1M163.5M

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel'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 National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running National Fuel's price analysis, check to measure National Fuel'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 National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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Is National Fuel'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 National Fuel. If investors know National 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 National Fuel 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
0.176
Dividend Share
1.98
Earnings Share
5.04
Revenue Per Share
21.248
Quarterly Revenue Growth
(0.12)
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel'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 National Fuel's market value can be influenced by many factors that don't directly affect National Fuel'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 National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel'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.