Northland Inventory vs Total Liab Analysis

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 Inventory and its Total Liab 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.

Inventory vs Total Liab

Inventory vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northland Power Inventory account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northland Power's Inventory and Total Liab is -0.16. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab 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 Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Northland Power are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., Northland Power's Inventory and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.2B1.6B1.7B
Total Revenue2.1B2.4B2.2B2.3B

Northland Power fundamental ratios Correlations

0.950.620.850.830.920.84-0.50.490.780.950.790.820.910.98-0.40.53-0.360.90.940.870.940.870.70.860.74
0.950.710.930.790.990.93-0.440.570.831.00.740.850.940.96-0.290.65-0.480.980.980.930.920.950.630.910.85
0.620.710.880.650.660.56-0.020.190.850.670.660.810.670.590.070.7-0.330.650.680.890.670.610.550.770.57
0.850.930.880.80.890.79-0.210.470.890.910.770.890.920.85-0.160.7-0.40.880.920.970.880.830.630.970.75
0.830.790.650.80.690.510.060.170.880.770.940.940.810.78-0.560.24-0.260.630.860.840.950.580.930.820.41
0.920.990.660.890.690.97-0.530.650.760.990.650.770.90.95-0.210.7-0.521.00.950.880.860.990.510.860.91
0.840.930.560.790.510.97-0.660.670.60.940.470.610.820.9-0.140.75-0.590.980.860.780.731.00.350.770.93
-0.5-0.44-0.02-0.210.06-0.53-0.66-0.580.0-0.470.040.0-0.3-0.52-0.04-0.450.23-0.57-0.33-0.18-0.21-0.610.14-0.19-0.62
0.490.570.190.470.170.650.67-0.580.340.590.110.290.510.530.270.46-0.280.670.550.420.370.67-0.140.390.75
0.780.830.850.890.880.760.60.00.340.80.80.990.810.75-0.140.44-0.350.720.850.940.880.670.740.820.6
0.951.00.670.910.770.990.94-0.470.590.80.730.820.940.97-0.30.64-0.480.980.980.910.910.960.610.90.86
0.790.740.660.770.940.650.470.040.110.80.730.860.750.74-0.570.23-0.160.590.810.780.90.530.90.790.37
0.820.850.810.890.940.770.610.00.290.990.820.860.840.79-0.290.39-0.350.730.890.940.930.680.830.850.57
0.910.940.670.920.810.90.82-0.30.510.810.940.750.840.9-0.310.57-0.320.90.930.910.90.860.650.950.76
0.980.960.590.850.780.950.9-0.520.530.750.970.740.790.9-0.370.55-0.50.930.950.850.930.920.640.860.79
-0.4-0.290.07-0.16-0.56-0.21-0.14-0.040.27-0.14-0.3-0.57-0.29-0.31-0.370.220.05-0.16-0.37-0.17-0.49-0.14-0.73-0.340.08
0.530.650.70.70.240.70.75-0.450.460.440.640.230.390.570.550.22-0.420.740.560.680.410.750.10.620.78
-0.36-0.48-0.33-0.4-0.26-0.52-0.590.23-0.28-0.35-0.48-0.16-0.35-0.32-0.50.05-0.42-0.5-0.46-0.41-0.4-0.59-0.18-0.37-0.49
0.90.980.650.880.631.00.98-0.570.670.720.980.590.730.90.93-0.160.74-0.50.930.870.820.990.460.860.93
0.940.980.680.920.860.950.86-0.330.550.850.980.810.890.930.95-0.370.56-0.460.930.920.960.90.710.910.77
0.870.930.890.970.840.880.78-0.180.420.940.910.780.940.910.85-0.170.68-0.410.870.920.90.830.690.920.74
0.940.920.670.880.950.860.73-0.210.370.880.910.90.930.90.93-0.490.41-0.40.820.960.90.780.840.890.62
0.870.950.610.830.580.991.0-0.610.670.670.960.530.680.860.92-0.140.75-0.590.990.90.830.780.40.810.93
0.70.630.550.630.930.510.350.14-0.140.740.610.90.830.650.64-0.730.1-0.180.460.710.690.840.40.690.2
0.860.910.770.970.820.860.77-0.190.390.820.90.790.850.950.86-0.340.62-0.370.860.910.920.890.810.690.69
0.740.850.570.750.410.910.93-0.620.750.60.860.370.570.760.790.080.78-0.490.930.770.740.620.930.20.69
Click cells to compare fundamentals

Northland Power Account Relationship Matchups

Northland Power fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding187.6M201.2M218.9M236.2M252.7M265.3M
Total Assets10.5B11.4B12.9B14.2B13.6B14.3B
Other Current Liab486.8M198.7M222.6M803.4M250.1M262.6M
Total Current Liabilities1.4B1.1B1.4B1.9B1.3B1.3B
Total Stockholder Equity1.1B1.6B2.8B4.4B4.2B4.4B
Property Plant And Equipment Net8.1B8.7B9.6B9.4B9.2B9.6B
Net Debt6.9B7.2B7.0B5.9B6.6B6.9B
Retained Earnings(1.5B)(1.4B)(1.2B)(701.1M)(1.2B)(1.2B)
Accounts Payable193.2M252.7M504.6M153.6M161.6M127.4M
Cash268.2M435.0M673.7M1.3B642.5M674.6M
Non Current Assets Total9.2B10.3B11.5B11.9B12.2B12.8B
Non Currrent Assets Other350.6M333.3M433.1M798.9M812.9M853.5M
Cash And Short Term Investments268.2M435.0M673.7M1.3B813.5M854.2M
Net Receivables299.6M376.7M388.2M403.1M396.0M415.8M
Common Stock Total Equity2.3B2.4B2.4B3.0B3.4B3.6B
Liabilities And Stockholders Equity10.5B11.4B12.9B14.2B13.6B14.3B
Inventory21.5M24.1M36.6M43.8M(121.4M)(115.4M)
Other Current Assets689.5M240.9M316.2M442.1M237.2M149.8M
Other Stockholder Equity702K6.5M3.6M5.5M6.0M5.7M
Total Liab9.0B9.4B9.9B9.5B9.1B9.6B
Property Plant And Equipment Gross8.1B8.7B13.0B12.9B13.3B13.9B
Total Current Assets1.3B1.1B1.4B2.3B1.4B1.5B
Accumulated Other Comprehensive Income(174.6M)(283.2M)(280.0M)(4.0M)107.7M113.0M
Common Stock2.4B3.0B4.0B4.9B5.1B5.3B
Short Long Term Debt Total7.3B7.6B7.8B7.2B7.2B7.6B
Current Deferred Revenue18.0M20.2M24.9M299.0M343.8M361.0M
Short Term Debt718.0M608.4M677.4M821.1M776.0M814.7M
Non Current Liabilities Total7.6B8.3B8.5B7.6B7.9B4.0B
Intangible Assets521.1M533.2M497.6M515.8M446.9M412.7M
Other Liab622.2M847.0M1.1B1.3B1.5B1.5B
Net Tangible Assets76.7M72.3M1.2B3.0B3.5B3.6B
Other Assets401.2M398.1M466.6M660.4M759.5M446.5M
Long Term Debt6.5B7.0B7.0B6.2B6.4B6.3B
Short Term Investments99K75K115K25M121.4M127.5M
Long Term Investments166K1.8M131.1M441.6M899.9M944.9M
Short Long Term Debt718.0M608.4M677.4M784.1M759.8M494.5M
Property Plant Equipment8.1B8.7B9.6B9.4B10.8B7.8B
Long Term Debt Total6.6B7.0B7.1B6.3B7.3B7.2B
Capital Surpluse351K3.2M3.6M5.5M6.4M6.7M

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.