National Interest Coverage from 2010 to 2024

NKSH Stock  USD 30.31  0.45  1.46%   
National Bankshares' Interest Coverage is increasing with slightly volatile movements from year to year. Interest Coverage is estimated to finish at 208.92 this year. For the period between 2010 and 2024, National Bankshares, Interest Coverage quarterly trend regression had mean deviation of  45.93 and range of 207. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
198.97333333
Current Value
208.92
Quarterly Volatility
69.98678541
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Bankshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 987 K, Interest Expense of 285 K or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0815 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Bankshares Valuation or Volatility modules.
  
Check out the analysis of National Bankshares Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.

Latest National Bankshares' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of National Bankshares over the last few years. It is National Bankshares' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Bankshares' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

National Interest Coverage Regression Statistics

Arithmetic Mean31.72
Geometric Mean7.78
Coefficient Of Variation220.64
Mean Deviation45.93
Median5.66
Standard Deviation69.99
Sample Variance4,898
Range207
R-Value0.61
Mean Square Error3,336
R-Squared0.37
Significance0.02
Slope9.49
Total Sum of Squares68,574

National Interest Coverage History

2024 208.92
2023 198.97
2022 11.3
2021 7.95
2020 3.28
2019 2.8
2018 4.71

About National Bankshares Financial Statements

Investors use fundamental indicators, such as National Bankshares' Interest Coverage, to determine how well the company is positioned to perform in the future. Although National Bankshares' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Interest Coverage 198.97  208.92 

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Additional Information and Resources on Investing in National Stock

When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' 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 Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:
Check out the analysis of National Bankshares Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks 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 Bankshares. 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 Bankshares 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
(0.52)
Dividend Share
1.51
Earnings Share
1.54
Revenue Per Share
7.233
Quarterly Revenue Growth
(0.20)
The market value of National Bankshares 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 Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.