National Net Receivables vs Cash Analysis

NWLI Stock  USD 493.00  0.02  0%   
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 Receivables and its Cash 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Western Life Net Receivables account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Western's Net Receivables and Cash is 0.8. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash 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 Receivables and Cash 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 Receivables of National Western Life are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., National Western's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Cash

Cash refers to the most liquid asset of National Western Life, which is listed under current asset account on National Western Life balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from National Western customers. The amounts must be unrestricted with restricted cash listed in a different National Western account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 closely tied 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 Profit824.1M558.4M665.4M508.5M
Total Revenue824.1M558.4M698.2M525.9M

National Western fundamental ratios Correlations

0.720.59-0.420.090.820.160.40.230.18-0.08-0.510.57-0.210.050.740.040.070.32-0.490.66-0.490.540.420.550.23
0.720.95-0.3-0.480.75-0.11-0.08-0.43-0.480.42-0.840.540.37-0.110.80.56-0.380.73-0.730.56-0.730.810.80.48-0.24
0.590.95-0.01-0.610.730.04-0.24-0.59-0.630.46-0.760.370.41-0.060.790.71-0.420.74-0.730.38-0.730.820.720.33-0.29
-0.42-0.3-0.01-0.29-0.110.55-0.34-0.33-0.32-0.030.44-0.57-0.090.24-0.050.290.04-0.110.16-0.680.16-0.17-0.43-0.55-0.01
0.09-0.48-0.61-0.29-0.16-0.210.240.820.84-0.160.3-0.28-0.68-0.34-0.56-0.560.09-0.250.230.320.23-0.41-0.320.320.07
0.820.750.73-0.11-0.160.280.18-0.2-0.260.05-0.480.540.120.250.750.27-0.030.38-0.650.35-0.650.650.40.220.12
0.16-0.110.040.55-0.210.280.290.050.02-0.690.420.01-0.220.790.38-0.090.6-0.510.1-0.390.10.0-0.47-0.460.72
0.4-0.08-0.24-0.340.240.180.290.580.54-0.720.350.59-0.310.480.28-0.830.64-0.50.17-0.040.17-0.15-0.43-0.140.76
0.23-0.43-0.59-0.330.82-0.20.050.581.0-0.540.41-0.04-0.8-0.07-0.27-0.740.43-0.480.330.250.33-0.42-0.460.220.47
0.18-0.48-0.63-0.320.84-0.260.020.541.0-0.520.43-0.09-0.8-0.1-0.34-0.740.41-0.490.360.240.36-0.46-0.470.210.44
-0.080.420.46-0.03-0.160.05-0.69-0.72-0.54-0.52-0.61-0.290.36-0.78-0.10.67-0.870.89-0.430.37-0.430.370.670.47-0.98
-0.51-0.84-0.760.440.3-0.480.420.350.410.43-0.61-0.33-0.360.38-0.49-0.650.53-0.790.48-0.690.48-0.64-0.99-0.690.51
0.570.540.37-0.57-0.280.540.010.59-0.04-0.09-0.29-0.330.360.440.65-0.20.28-0.02-0.260.14-0.260.360.27-0.020.42
-0.210.370.41-0.09-0.680.12-0.22-0.31-0.8-0.80.36-0.360.360.160.170.41-0.310.28-0.28-0.18-0.280.430.41-0.23-0.29
0.05-0.11-0.060.24-0.340.250.790.48-0.07-0.1-0.780.380.440.160.37-0.280.7-0.670.19-0.560.19-0.06-0.43-0.680.82
0.740.80.79-0.05-0.560.750.380.28-0.27-0.34-0.1-0.490.650.170.370.310.140.32-0.410.21-0.410.590.410.150.26
0.040.560.710.29-0.560.27-0.09-0.83-0.74-0.740.67-0.65-0.20.41-0.280.31-0.570.7-0.420.18-0.420.50.680.24-0.61
0.07-0.38-0.420.040.09-0.030.60.640.430.41-0.870.530.28-0.310.70.14-0.57-0.760.41-0.350.41-0.32-0.58-0.420.85
0.320.730.74-0.11-0.250.38-0.51-0.5-0.48-0.490.89-0.79-0.020.28-0.670.320.7-0.76-0.580.55-0.580.590.80.63-0.81
-0.49-0.73-0.730.160.23-0.650.10.170.330.36-0.430.48-0.26-0.280.19-0.41-0.420.41-0.58-0.421.0-0.78-0.46-0.220.26
0.660.560.38-0.680.320.35-0.39-0.040.250.240.37-0.690.14-0.18-0.560.210.18-0.350.55-0.42-0.420.430.660.95-0.3
-0.49-0.73-0.730.160.23-0.650.10.170.330.36-0.430.48-0.26-0.280.19-0.41-0.420.41-0.581.0-0.42-0.78-0.46-0.220.26
0.540.810.82-0.17-0.410.650.0-0.15-0.42-0.460.37-0.640.360.43-0.060.590.5-0.320.59-0.780.43-0.780.610.31-0.21
0.420.80.72-0.43-0.320.4-0.47-0.43-0.46-0.470.67-0.990.270.41-0.430.410.68-0.580.8-0.460.66-0.460.610.67-0.58
0.550.480.33-0.550.320.22-0.46-0.140.220.210.47-0.69-0.02-0.23-0.680.150.24-0.420.63-0.220.95-0.220.310.67-0.44
0.23-0.24-0.29-0.010.070.120.720.760.470.44-0.980.510.42-0.290.820.26-0.610.85-0.810.26-0.30.26-0.21-0.58-0.44
Click cells to compare fundamentals

National Western Account Relationship Matchups

National Western fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.6B14.6B14.3B13.1B10.9B7.2B
Total Stockholder Equity2.1B2.5B2.5B2.0B2.4B2.6B
Retained Earnings2.0B2.1B2.3B2.4B2.7B2.9B
Other Assets(1.7B)(9.5B)(7.4B)5.1B2.4B1.3B
Liabilities And Stockholders Equity12.6B14.6B14.3B13.1B10.9B7.2B
Total Liab39.9M145.1M101.2M11.1B8.5B5.2B
Other Current Liab39.9M11.7M14.4M18.4M(1.5B)(1.5B)
Total Current Liabilities3.7M11.7M14.4M18.4M(1.5B)(1.5B)
Property Plant And Equipment Net153.6M83.3M81.3M68.9M171.1M179.7M
Net Debt(253.5M)(581.1M)(714.6M)(295.3M)(482.8M)(458.6M)
Non Current Assets Total10.6B11.1B10.4B57.9M9.6B8.9B
Non Currrent Assets Other(357.8M)(7.7M)(8.3M)(8.9B)8.7B9.1B
Non Current Liabilities Total39.9M145.1M101.2M1.3M10.0B5.4B
Total Current Assets3.6B13.1B11.3B7.9B1.4B1.3B
Accumulated Other Comprehensive Income60.1M395.4M216.0M(416.4M)(322.6M)(306.4M)
Other Liab10.3B11.9B11.6B11.4B13.1B13.7B
Cash253.5M581.1M714.6M295.3M482.8M506.9M
Short Term Investments3.4B10.8B9.1B7.6B715.5M679.7M
Intangible Assets138.1M171.2M162.0M153.2M129.9M123.4M
Cash And Short Term Investments253.5M581.1M714.6M295.3M7.6B8.0B
Net Tangible Assets2.1B2.5B2.6B2.0B2.3B2.2B
Other Current Assets1.0B1.5B1.1B1.2B1.4B966.8M
Deferred Long Term Liab104.4M43.8M101.2M114.4M103.0M97.7M
Long Term Investments10.5B10.8B11.1B9.7B8.2B8.0B
Retained Earnings Total Equity2.0B2.1B2.3B2.4B2.7B2.2B
Non Current Liabilities Other10.4B12.0B10.2B9.8B11.2B11.4B
Net Invested Capital2.1B2.5B2.5B2.0B2.4B2.4B

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Additional Information and Resources on Investing in National Stock

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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Life & Health Insurance space 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.