National Total Current Assets vs Property Plant And Equipment Net 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 Total Current Assets and its Property Plant And Equipment Net 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.
Total Current Assets vs Property Plant And Equipment Net
Total Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Western Life Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between National Western's Total Current Assets and Property Plant And Equipment Net is 0.37. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Assets and Property Plant And Equipment Net 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 Current Assets of National Western Life are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., National Western's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.37 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 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 |
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.