National Net Invested Capital vs Total Current Assets 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 Net Invested Capital and its Total Current Assets 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.

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Western Life Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between National Western's Net Invested Capital and Total Current Assets is 0.58. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets 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 Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of National Western Life are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., National Western's Net Invested Capital and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Gross Profit Total Revenue

National Western fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Property Plant And Equipment Gross	Short Term Debt	Accounts Payable	Net Receivables	Common Stock Total Equity	Total Current Assets	Common Stock	Other Liab	Cash	Short Term Investments	Intangible Assets
Total Assets		0.72	0.59	-0.42	0.09	0.82	0.16	0.4	0.23	0.18	-0.08	-0.51	0.57	-0.21	0.05	0.74	0.04	0.07	0.32	-0.49	0.66	-0.49	0.54	0.42	0.55	0.23
Total Stockholder Equity	0.72		0.95	-0.3	-0.48	0.75	-0.11	-0.08	-0.43	-0.48	0.42	-0.84	0.54	0.37	-0.11	0.8	0.56	-0.38	0.73	-0.73	0.56	-0.73	0.81	0.8	0.48	-0.24
Retained Earnings	0.59	0.95		-0.01	-0.61	0.73	0.04	-0.24	-0.59	-0.63	0.46	-0.76	0.37	0.41	-0.06	0.79	0.71	-0.42	0.74	-0.73	0.38	-0.73	0.82	0.72	0.33	-0.29
Other Assets	-0.42	-0.3	-0.01		-0.29	-0.11	0.55	-0.34	-0.33	-0.32	-0.03	0.44	-0.57	-0.09	0.24	-0.05	0.29	0.04	-0.11	0.16	-0.68	0.16	-0.17	-0.43	-0.55	-0.01
Common Stock Shares Outstanding	0.09	-0.48	-0.61	-0.29		-0.16	-0.21	0.24	0.82	0.84	-0.16	0.3	-0.28	-0.68	-0.34	-0.56	-0.56	0.09	-0.25	0.23	0.32	0.23	-0.41	-0.32	0.32	0.07
Other Stockholder Equity	0.82	0.75	0.73	-0.11	-0.16		0.28	0.18	-0.2	-0.26	0.05	-0.48	0.54	0.12	0.25	0.75	0.27	-0.03	0.38	-0.65	0.35	-0.65	0.65	0.4	0.22	0.12
Total Liab	0.16	-0.11	0.04	0.55	-0.21	0.28		0.29	0.05	0.02	-0.69	0.42	0.01	-0.22	0.79	0.38	-0.09	0.6	-0.51	0.1	-0.39	0.1	0.0	-0.47	-0.46	0.72
Short Long Term Debt Total	0.4	-0.08	-0.24	-0.34	0.24	0.18	0.29		0.58	0.54	-0.72	0.35	0.59	-0.31	0.48	0.28	-0.83	0.64	-0.5	0.17	-0.04	0.17	-0.15	-0.43	-0.14	0.76
Other Current Liab	0.23	-0.43	-0.59	-0.33	0.82	-0.2	0.05	0.58		1.0	-0.54	0.41	-0.04	-0.8	-0.07	-0.27	-0.74	0.43	-0.48	0.33	0.25	0.33	-0.42	-0.46	0.22	0.47
Total Current Liabilities	0.18	-0.48	-0.63	-0.32	0.84	-0.26	0.02	0.54	1.0		-0.52	0.43	-0.09	-0.8	-0.1	-0.34	-0.74	0.41	-0.49	0.36	0.24	0.36	-0.46	-0.47	0.21	0.44
Property Plant And Equipment Net	-0.08	0.42	0.46	-0.03	-0.16	0.05	-0.69	-0.72	-0.54	-0.52		-0.61	-0.29	0.36	-0.78	-0.1	0.67	-0.87	0.89	-0.43	0.37	-0.43	0.37	0.67	0.47	-0.98
Net Debt	-0.51	-0.84	-0.76	0.44	0.3	-0.48	0.42	0.35	0.41	0.43	-0.61		-0.33	-0.36	0.38	-0.49	-0.65	0.53	-0.79	0.48	-0.69	0.48	-0.64	-0.99	-0.69	0.51
Non Current Assets Total	0.57	0.54	0.37	-0.57	-0.28	0.54	0.01	0.59	-0.04	-0.09	-0.29	-0.33		0.36	0.44	0.65	-0.2	0.28	-0.02	-0.26	0.14	-0.26	0.36	0.27	-0.02	0.42
Non Currrent Assets Other	-0.21	0.37	0.41	-0.09	-0.68	0.12	-0.22	-0.31	-0.8	-0.8	0.36	-0.36	0.36		0.16	0.17	0.41	-0.31	0.28	-0.28	-0.18	-0.28	0.43	0.41	-0.23	-0.29
Non Current Liabilities Total	0.05	-0.11	-0.06	0.24	-0.34	0.25	0.79	0.48	-0.07	-0.1	-0.78	0.38	0.44	0.16		0.37	-0.28	0.7	-0.67	0.19	-0.56	0.19	-0.06	-0.43	-0.68	0.82
Property Plant And Equipment Gross	0.74	0.8	0.79	-0.05	-0.56	0.75	0.38	0.28	-0.27	-0.34	-0.1	-0.49	0.65	0.17	0.37		0.31	0.14	0.32	-0.41	0.21	-0.41	0.59	0.41	0.15	0.26
Short Term Debt	0.04	0.56	0.71	0.29	-0.56	0.27	-0.09	-0.83	-0.74	-0.74	0.67	-0.65	-0.2	0.41	-0.28	0.31		-0.57	0.7	-0.42	0.18	-0.42	0.5	0.68	0.24	-0.61
Accounts Payable	0.07	-0.38	-0.42	0.04	0.09	-0.03	0.6	0.64	0.43	0.41	-0.87	0.53	0.28	-0.31	0.7	0.14	-0.57		-0.76	0.41	-0.35	0.41	-0.32	-0.58	-0.42	0.85
Net Receivables	0.32	0.73	0.74	-0.11	-0.25	0.38	-0.51	-0.5	-0.48	-0.49	0.89	-0.79	-0.02	0.28	-0.67	0.32	0.7	-0.76		-0.58	0.55	-0.58	0.59	0.8	0.63	-0.81
Common Stock Total Equity	-0.49	-0.73	-0.73	0.16	0.23	-0.65	0.1	0.17	0.33	0.36	-0.43	0.48	-0.26	-0.28	0.19	-0.41	-0.42	0.41	-0.58		-0.42	1.0	-0.78	-0.46	-0.22	0.26
Total Current Assets	0.66	0.56	0.38	-0.68	0.32	0.35	-0.39	-0.04	0.25	0.24	0.37	-0.69	0.14	-0.18	-0.56	0.21	0.18	-0.35	0.55	-0.42		-0.42	0.43	0.66	0.95	-0.3
Common Stock	-0.49	-0.73	-0.73	0.16	0.23	-0.65	0.1	0.17	0.33	0.36	-0.43	0.48	-0.26	-0.28	0.19	-0.41	-0.42	0.41	-0.58	1.0	-0.42		-0.78	-0.46	-0.22	0.26
Other Liab	0.54	0.81	0.82	-0.17	-0.41	0.65	0.0	-0.15	-0.42	-0.46	0.37	-0.64	0.36	0.43	-0.06	0.59	0.5	-0.32	0.59	-0.78	0.43	-0.78		0.61	0.31	-0.21
Cash	0.42	0.8	0.72	-0.43	-0.32	0.4	-0.47	-0.43	-0.46	-0.47	0.67	-0.99	0.27	0.41	-0.43	0.41	0.68	-0.58	0.8	-0.46	0.66	-0.46	0.61		0.67	-0.58
Short Term Investments	0.55	0.48	0.33	-0.55	0.32	0.22	-0.46	-0.14	0.22	0.21	0.47	-0.69	-0.02	-0.23	-0.68	0.15	0.24	-0.42	0.63	-0.22	0.95	-0.22	0.31	0.67		-0.44
Intangible Assets	0.23	-0.24	-0.29	-0.01	0.07	0.12	0.72	0.76	0.47	0.44	-0.98	0.51	0.42	-0.29	0.82	0.26	-0.61	0.85	-0.81	0.26	-0.3	0.26	-0.21	-0.58	-0.44

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National Western Account Relationship Matchups

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

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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:

How To Invest In National

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Is National Stock a good investment?

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What is National Western's Net Worth?

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.

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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.

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National Net Invested Capital vs Total Current Assets Analysis

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Current Assets

National Western fundamental ratios Correlations

National Western Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Western fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.95	Total Stockholder Equity
Short Term Investments	+ 0.95	Total Current Assets
Net Receivables	+ 0.89	Property Plant And Equipment Net
Intangible Assets	+ 0.85	Accounts Payable

Cash	- 0.99	Net Debt
Intangible Assets	- 0.98	Property Plant And Equipment Net
Accounts Payable	- 0.87	Property Plant And Equipment Net
Net Debt	- 0.84	Total Stockholder Equity
Short Term Debt	- 0.83	Short Long Term Debt Total
Intangible Assets	- 0.81	Net Receivables