National Net Receivables vs Inventory Analysis

0RCR Stock

2.78 0.00 0.00%

National Bank financial indicator trend analysis is infinitely more than just investigating National Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bank is a good investment. Please check the relationship between National Bank Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in National Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Bank Net Receivables account and Inventory. At this time, the significance of the direction appears to have almost no relationship.

The correlation between National Bank's Net Receivables and Inventory is 0.1. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of National Bank of, assuming nothing else is changed. The correlation between historical values of National Bank's Net Receivables and Inventory 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 Bank of are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., National Bank's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Inventory

Most indicators from National Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bank 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in National Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 15.5 M in 2024. Discontinued Operations is likely to gain to about 277.7 M in 2024

	2019	2020	2023	2024 (projected)
Net Interest Income	1.2B	1.2B	1.1B	1.1B
Tax Provision	14M	11M	9.9M	15.5M

Net Interest Income Tax Provision

National Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Retained Earnings	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Other Stockholder Equity	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Earning Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Net Receivables	Inventory	Other Current Assets	Total Current Assets
Total Assets		-0.46	0.56	-0.49	-0.44	-0.86	0.66	0.66	0.16	0.47	-0.45	-0.1	0.3	-0.13	0.68	0.43	-0.25	-0.18	-0.29	-0.24	0.28	-0.27	0.36	-0.08
Short Long Term Debt Total	-0.46		-0.91	0.92	0.93	0.74	-0.32	-0.32	-0.46	0.01	0.43	0.87	-0.62	0.81	-0.13	-0.61	0.59	0.7	0.65	0.73	0.18	0.9	-0.55	0.56
Total Stockholder Equity	0.56	-0.91		-0.98	-0.97	-0.77	0.52	0.52	0.42	-0.07	-0.53	-0.82	0.71	-0.68	0.07	0.7	-0.7	-0.48	-0.68	-0.77	-0.01	-0.86	0.56	-0.64
Retained Earnings	-0.49	0.92	-0.98		0.97	0.75	-0.4	-0.4	-0.53	0.02	0.4	0.81	-0.65	0.7	-0.06	-0.63	0.6	0.58	0.6	0.7	0.12	0.85	-0.5	0.61
Other Assets	-0.44	0.93	-0.97	0.97		0.73	-0.37	-0.37	-0.42	0.11	0.5	0.87	-0.7	0.7	-0.01	-0.69	0.67	0.49	0.73	0.79	0.02	0.86	-0.63	0.57
Long Term Debt	-0.86	0.74	-0.77	0.75	0.73		-0.36	-0.36	-0.5	-0.51	0.32	0.39	-0.33	0.27	-0.66	-0.39	0.28	0.44	0.35	0.35	0.0	0.46	-0.36	0.21
Good Will	0.66	-0.32	0.52	-0.4	-0.37	-0.36		1.0	-0.31	-0.29	-0.8	-0.29	0.64	-0.4	-0.04	0.75	-0.67	0.1	-0.6	-0.59	0.52	-0.48	0.55	-0.4
Capital Surpluse	0.66	-0.32	0.52	-0.4	-0.37	-0.36	1.0		-0.31	-0.29	-0.8	-0.29	0.64	-0.4	-0.04	0.75	-0.67	0.1	-0.6	-0.59	0.52	-0.48	0.55	-0.4
Other Stockholder Equity	0.16	-0.46	0.42	-0.53	-0.42	-0.5	-0.31	-0.31		0.46	0.32	-0.24	-0.2	-0.19	0.31	-0.33	0.16	-0.7	0.28	0.12	-0.76	-0.22	-0.37	-0.25
Total Liab	0.47	0.01	-0.07	0.02	0.11	-0.51	-0.29	-0.29	0.46		0.53	0.45	-0.46	0.45	0.93	-0.43	0.63	-0.25	0.54	0.58	-0.24	0.38	-0.35	0.43
Treasury Stock	-0.45	0.43	-0.53	0.4	0.5	0.32	-0.8	-0.8	0.32	0.53		0.51	-0.64	0.52	0.24	-0.76	0.82	-0.11	0.84	0.78	-0.52	0.57	-0.7	0.37
Intangible Assets	-0.1	0.87	-0.82	0.81	0.87	0.39	-0.29	-0.29	-0.24	0.45	0.51		-0.75	0.86	0.3	-0.68	0.8	0.48	0.77	0.9	0.13	0.96	-0.57	0.75
Common Stock	0.3	-0.62	0.71	-0.65	-0.7	-0.33	0.64	0.64	-0.2	-0.46	-0.64	-0.75		-0.64	-0.25	0.87	-0.9	-0.01	-0.87	-0.91	0.26	-0.8	0.81	-0.69
Property Plant Equipment	-0.13	0.81	-0.68	0.7	0.7	0.27	-0.4	-0.4	-0.19	0.45	0.52	0.86	-0.64		0.34	-0.63	0.67	0.65	0.68	0.77	0.16	0.91	-0.54	0.63
Earning Assets	0.68	-0.13	0.07	-0.06	-0.01	-0.66	-0.04	-0.04	0.31	0.93	0.24	0.3	-0.25	0.34		-0.19	0.37	-0.2	0.3	0.35	-0.08	0.21	-0.15	0.29
Other Current Liab	0.43	-0.61	0.7	-0.63	-0.69	-0.39	0.75	0.75	-0.33	-0.43	-0.76	-0.68	0.87	-0.63	-0.19		-0.8	-0.05	-0.91	-0.88	0.57	-0.75	0.89	-0.43
Total Current Liabilities	-0.25	0.59	-0.7	0.6	0.67	0.28	-0.67	-0.67	0.16	0.63	0.82	0.8	-0.9	0.67	0.37	-0.8		-0.02	0.88	0.96	-0.2	0.82	-0.67	0.79
Other Liab	-0.18	0.7	-0.48	0.58	0.49	0.44	0.1	0.1	-0.7	-0.25	-0.11	0.48	-0.01	0.65	-0.2	-0.05	-0.02		0.02	0.14	0.57	0.53	0.03	0.25
Net Tangible Assets	-0.29	0.65	-0.68	0.6	0.73	0.35	-0.6	-0.6	0.28	0.54	0.84	0.77	-0.87	0.68	0.3	-0.91	0.88	0.02		0.95	-0.45	0.77	-0.92	0.46
Accounts Payable	-0.24	0.73	-0.77	0.7	0.79	0.35	-0.59	-0.59	0.12	0.58	0.78	0.9	-0.91	0.77	0.35	-0.88	0.96	0.14	0.95		-0.23	0.9	-0.78	0.71
Net Receivables	0.28	0.18	-0.01	0.12	0.02	0.0	0.52	0.52	-0.76	-0.24	-0.52	0.13	0.26	0.16	-0.08	0.57	-0.2	0.57	-0.45	-0.23		0.1	0.59	0.36
Inventory	-0.27	0.9	-0.86	0.85	0.86	0.46	-0.48	-0.48	-0.22	0.38	0.57	0.96	-0.8	0.91	0.21	-0.75	0.82	0.53	0.77	0.9	0.1		-0.6	0.78
Other Current Assets	0.36	-0.55	0.56	-0.5	-0.63	-0.36	0.55	0.55	-0.37	-0.35	-0.7	-0.57	0.81	-0.54	-0.15	0.89	-0.67	0.03	-0.92	-0.78	0.59	-0.6		-0.18
Total Current Assets	-0.08	0.56	-0.64	0.61	0.57	0.21	-0.4	-0.4	-0.25	0.43	0.37	0.75	-0.69	0.63	0.29	-0.43	0.79	0.25	0.46	0.71	0.36	0.78	-0.18

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National Bank Account Relationship Matchups

National Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.8B	65.1B	64.2B	77.5B	69.7B	56.0B
Short Long Term Debt Total	1.2B	1.4B	2.6B	2.1B	2.5B	1.8B
Total Stockholder Equity	6.7B	5.0B	5.3B	5.1B	4.6B	4.6B
Retained Earnings	(9.9B)	331M	308M	310M	356.5M	374.3M
Other Assets	34.9B	32.3B	35.7B	40.5B	46.6B	31.2B
Long Term Debt	1.2B	1.4B	1.4B	970M	1.1B	1.2B
Other Stockholder Equity	(11.7B)	(11.9B)	(9.3B)	1.7B	1.5B	1.6B
Total Liab	58.1B	60.1B	59.0B	72.4B	83.3B	70.7B
Intangible Assets	132M	150M	202M	282M	324.3M	198.4M
Property Plant Equipment	1.7B	1.7B	1.7B	1.6B	1.8B	1.6B
Earning Assets	7.2B	11.6B	10.8B	16.9B	19.4B	14.0B
Other Current Liab	4.6B	4.6B	4.6B	1.6B	1.4B	1.3B
Total Current Liabilities	52.5B	58.1B	63.0B	59.4B	68.3B	63.3B
Other Liab	1.3B	1.2B	925M	869M	782.1M	807.8M
Net Tangible Assets	5.1B	4.8B	5.4B	6.0B	6.9B	5.7B
Accounts Payable	44.3B	49.4B	53.9B	55.4B	63.7B	54.2B
Net Receivables	3.0B	3.6B	4.2B	1.1B	1.0B	975.6M
Other Current Assets	5.6B	7.9B	6.1B	3.8B	3.4B	4.8B
Total Current Assets	18.5B	27.9B	31.4B	22.1B	25.4B	26.4B

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National Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

National Bank fundamental ratios Correlations

National Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Bank fundamental ratios Accounts

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Additional Tools for National Stock Analysis

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Capital Surpluse	+ 1.0	Good Will
Other Assets	+ 0.97	Retained Earnings
Inventory	+ 0.96	Intangible Assets
Accounts Payable	+ 0.96	Total Current Liabilities
Accounts Payable	+ 0.95	Net Tangible Assets
Other Assets	+ 0.93	Short Long Term Debt Total

Retained Earnings	- 0.98	Total Stockholder Equity
Other Assets	- 0.97	Total Stockholder Equity
Other Current Assets	- 0.92	Net Tangible Assets
Net Tangible Assets	- 0.91	Other Current Liab
Accounts Payable	- 0.91	Common Stock
Total Stockholder Equity	- 0.91	Short Long Term Debt Total