National Long Term Investments vs Retained Earnings Analysis
NWLI Stock | USD 490.00 1.23 0.25% |
National Western financial indicator trend analysis is infinitely more than just investigating National Western Life recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Western Life is a good investment. Please check the relationship between National Western Long Term Investments and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Western Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Long Term Investments vs Retained Earnings
Long Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Western Life Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National Western's Long Term Investments and Retained Earnings is -0.2. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of National Western Life, assuming nothing else is changed. The correlation between historical values of National Western's Long Term Investments and Retained Earnings 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 Investments of National Western Life are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., National Western's Long Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of National Western balance sheet that represents investments National Western Life intends to hold for over a year. National Western Life long term investments may include different instruments such as stocks, bonds, real estate and cash.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from National Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Western Life 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 Western Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of now, National Western's Enterprise Value Multiple is increasing as compared to previous years. The National Western's current Enterprise Value is estimated to increase to about 765.5 M, while Tax Provision is projected to decrease to under 8.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 824.1M | 558.4M | 665.4M | 508.5M | Total Revenue | 824.1M | 558.4M | 698.2M | 525.9M |
National Western fundamental ratios Correlations
Click cells to compare fundamentals
National Western Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Western fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.6B | 14.6B | 14.3B | 13.1B | 10.9B | 7.2B | |
Total Stockholder Equity | 2.1B | 2.5B | 2.5B | 2.0B | 2.4B | 2.6B | |
Retained Earnings | 2.0B | 2.1B | 2.3B | 2.4B | 2.7B | 2.9B | |
Other Assets | (1.7B) | (9.5B) | (7.4B) | 5.1B | 2.4B | 1.3B | |
Liabilities And Stockholders Equity | 12.6B | 14.6B | 14.3B | 13.1B | 10.9B | 7.2B | |
Total Liab | 39.9M | 145.1M | 101.2M | 11.1B | 8.5B | 5.2B | |
Other Current Liab | 39.9M | 11.7M | 14.4M | 18.4M | (1.5B) | (1.5B) | |
Total Current Liabilities | 3.7M | 11.7M | 14.4M | 18.4M | (1.5B) | (1.5B) | |
Property Plant And Equipment Net | 153.6M | 83.3M | 81.3M | 68.9M | 171.1M | 179.7M | |
Net Debt | (253.5M) | (581.1M) | (714.6M) | (295.3M) | (482.8M) | (458.6M) | |
Non Current Assets Total | 10.6B | 11.1B | 10.4B | 57.9M | 9.6B | 8.9B | |
Non Currrent Assets Other | (357.8M) | (7.7M) | (8.3M) | (8.9B) | 8.7B | 9.1B | |
Non Current Liabilities Total | 39.9M | 145.1M | 101.2M | 1.3M | 10.0B | 5.4B | |
Total Current Assets | 3.6B | 13.1B | 11.3B | 7.9B | 1.4B | 1.3B | |
Accumulated Other Comprehensive Income | 60.1M | 395.4M | 216.0M | (416.4M) | (322.6M) | (306.4M) | |
Other Liab | 10.3B | 11.9B | 11.6B | 11.4B | 13.1B | 13.7B | |
Cash | 253.5M | 581.1M | 714.6M | 295.3M | 482.8M | 506.9M | |
Short Term Investments | 3.4B | 10.8B | 9.1B | 7.6B | 715.5M | 679.7M | |
Intangible Assets | 138.1M | 171.2M | 162.0M | 153.2M | 129.9M | 123.4M | |
Cash And Short Term Investments | 253.5M | 581.1M | 714.6M | 295.3M | 7.6B | 8.0B | |
Net Tangible Assets | 2.1B | 2.5B | 2.6B | 2.0B | 2.3B | 2.2B | |
Other Current Assets | 1.0B | 1.5B | 1.1B | 1.2B | 1.4B | 966.8M | |
Deferred Long Term Liab | 104.4M | 43.8M | 101.2M | 114.4M | 103.0M | 97.7M | |
Long Term Investments | 10.5B | 10.8B | 11.1B | 9.7B | 8.2B | 8.0B | |
Retained Earnings Total Equity | 2.0B | 2.1B | 2.3B | 2.4B | 2.7B | 2.2B | |
Non Current Liabilities Other | 10.4B | 12.0B | 10.2B | 9.8B | 11.2B | 11.4B | |
Net Invested Capital | 2.1B | 2.5B | 2.5B | 2.0B | 2.4B | 2.4B |
Currently Active Assets on Macroaxis
When determining whether National Western Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Western'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 National Western Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Western Life Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Western Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for National Stock analysis
When running National Western's price analysis, check to measure National Western'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 Western is operating at the current time. Most of National Western's value examination focuses on studying past and present price action to predict the probability of National Western'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 Western's price. Additionally, you may evaluate how the addition of National Western to your portfolios can decrease your overall portfolio volatility.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Stocks Directory Find actively traded stocks across global markets | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is National Western'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 Western. 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 Western 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 4.982 | Dividend Share 0.36 | Earnings Share 44.07 | Revenue Per Share 205.804 | Quarterly Revenue Growth 0.295 |
The market value of National Western Life 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 Western's value that differs from its market value or its book value, called intrinsic value, which is National Western'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 Western's market value can be influenced by many factors that don't directly affect National Western'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 Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Western'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.