National Total Assets vs Current Deferred Revenue 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 Total Assets and its Current Deferred Revenue 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.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Fuel Gas Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between National Fuel's Total Assets and Current Deferred Revenue is -0.56. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue 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 Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of National Fuel Gas are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., National Fuel's Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of National Fuel 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 National Fuel Gas 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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
Click cells to compare fundamentals
National Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for National Stock analysis
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.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |
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.