National Long Term Debt vs Total Permanent Equity Analysis
NFG Stock | USD 56.61 0.02 0.04% |
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 Long Term Debt and its Total Permanent Equity 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.
Long Term Debt vs Total Permanent Equity
Long Term Debt vs Total Permanent Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Fuel Gas Long Term Debt account and Total Permanent Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Fuel's Long Term Debt and Total Permanent Equity is 0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Permanent Equity 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 Long Term Debt and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of National Fuel Gas are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Long Term Debt i.e., National Fuel's Long Term Debt and Total Permanent Equity go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that National Fuel Gas has held for over one year. Long-term debt appears on National Fuel Gas balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Fuel Gas balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Permanent Equity
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 Profit | 903.0M | 847.8M | 763.1M | 680.4M | Total Revenue | 2.2B | 2.2B | 2.5B | 1.7B |
National Fuel fundamental ratios Correlations
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National Fuel Account Relationship Matchups
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National Fuel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 88.0M | 91.7M | 92.1M | 92.3M | 106.1M | 84.3M | |
Total Assets | 7.0B | 7.5B | 7.9B | 8.3B | 9.5B | 5.2B | |
Short Long Term Debt Total | 2.7B | 2.8B | 2.7B | 2.7B | 3.1B | 1.7B | |
Other Current Liab | 262.9M | 869.5M | 1.1B | 316.9M | 364.4M | 197.3M | |
Total Current Liabilities | 459.6M | 1.2B | 1.9B | 806.3M | 927.3M | 636.7M | |
Total Stockholder Equity | 2.0B | 1.8B | 2.1B | 3.0B | 3.4B | 3.6B | |
Property Plant And Equipment Net | 6.0B | 6.4B | 6.6B | 7.3B | 8.4B | 4.2B | |
Current Deferred Revenue | 32.5M | 36.5M | 50.4M | 49.8M | 44.8M | 39.7M | |
Net Debt | 2.6B | 2.8B | 2.6B | 2.6B | 3.0B | 1.6B | |
Retained Earnings | 991.6M | 1.2B | 1.6B | 1.9B | 2.2B | 2.3B | |
Accounts Payable | 134.1M | 171.7M | 178.9M | 152.2M | 175.0M | 136.0M | |
Cash | 20.5M | 31.5M | 46.0M | 55.4M | 63.8M | 109.5M | |
Non Current Assets Total | 6.7B | 6.9B | 7.1B | 7.9B | 9.0B | 4.8B | |
Non Currrent Assets Other | 209.6M | 60.1M | (230.1M) | 77.0M | 69.3M | 65.9M | |
Cash And Short Term Investments | 20.5M | 31.5M | 46.0M | 55.4M | 63.8M | 109.5M | |
Net Receivables | 160.9M | 222.3M | 391.7M | 177.2M | 203.8M | 175.2M | |
Common Stock Total Equity | 86.3M | 91.0M | 91.2M | 91.5M | 105.2M | 80.4M | |
Liabilities And Stockholders Equity | 7.0B | 7.5B | 7.9B | 8.3B | 9.5B | 5.2B | |
Non Current Liabilities Total | 4.5B | 4.4B | 3.9B | 4.5B | 5.2B | 2.9B | |
Inventory | 85.2M | 120.4M | 172.3M | 81.5M | 93.7M | 95.0M | |
Other Current Assets | 47.6M | 59.7M | 59.4M | 100.3M | 115.3M | 78.5M | |
Other Stockholder Equity | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 770.7M | |
Total Liab | 5.0B | 5.7B | 5.8B | 5.3B | 6.1B | 3.5B | |
Property Plant And Equipment Gross | 6.0B | 6.4B | 6.6B | 13.6B | 15.7B | 16.5B | |
Total Current Assets | 314.2M | 522.4M | 761.1M | 414.4M | 476.6M | 476.8M | |
Accumulated Other Comprehensive Income | (114.8M) | (513.6M) | (625.7M) | (55.1M) | (63.3M) | (66.5M) | |
Short Term Debt | 30M | 158.5M | 609M | 287.5M | 258.8M | 198.2M | |
Common Stock | 91.0M | 91.2M | 91.5M | 91.8M | 105.6M | 81.1M | |
Other Liab | 1.9B | 1.8B | 1.8B | 2.1B | 2.4B | 2.5B | |
Other Assets | 514.8M | 7.2B | 468.2M | 486.5M | 559.5M | 815.7M | |
Long Term Debt | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 1.7B | |
Property Plant Equipment | 53.4M | 6.4B | 6.6B | 7.3B | 8.4B | 4.5B | |
Net Tangible Assets | 4.6B | 1.8B | 2.1B | 3.0B | 2.7B | 2.7B | |
Retained Earnings Total Equity | 1.3B | 991.6M | 1.2B | 1.6B | 1.8B | 1.2B | |
Long Term Debt Total | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 2.1B | |
Capital Surpluse | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 908.4M | |
Deferred Long Term Liab | 835.2M | 252.7M | 259.7M | 191.2M | 172.1M | 163.5M |
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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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.