| NPI Stock | | | CAD 20.31 0.02 0.1% |
Northland Power financial indicator trend analysis is infinitely more than just investigating Northland Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northland Power is a good investment. Please check the relationship between Northland Power Dividend Yield and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northland Power. 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.
Dividend Yield vs Price To Sales Ratio
Dividend Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northland Power Dividend Yield account and
Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northland Power's Dividend Yield and Price To Sales Ratio is 0.47. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Northland Power, assuming nothing else is changed. The correlation between historical values of Northland Power's Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Northland Power are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Northland Power's Dividend Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Dividend Yield
Dividend Yield is Northland Power dividend as a percentage of Northland Power stock price. Northland Power dividend yield is a measure of Northland Power stock productivity, which can be interpreted as interest rate earned on an Northland Power investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Northland Power stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Northland Power sales, a figure that is much harder to manipulate than other Northland Power multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Northland Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northland Power 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 Northland Power. 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.
At this time, Northland Power's
Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024,
Issuance Of Capital Stock is likely to grow to about 477.2
M, while
Tax Provision is likely to drop about 37.2
M.
Northland Power fundamental ratios Correlations
Click cells to compare fundamentals
Northland Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northland Power fundamental ratios Accounts
Other Information on Investing in Northland Stock
Balance Sheet is a snapshot of the
financial position of Northland Power at a specified time, usually calculated after every quarter, six months, or one year. Northland Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northland Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northland currently owns. An asset can also be divided into two categories, current and non-current.