Norfolk Cash And Short Term Investments vs Other Current Liab Analysis
NSC Stock | USD 275.38 0.71 0.26% |
Norfolk Southern financial indicator trend analysis is infinitely more than just investigating Norfolk Southern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norfolk Southern is a good investment. Please check the relationship between Norfolk Southern Cash And Short Term Investments and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.
Cash And Short Term Investments vs Other Current Liab
Cash And Short Term Investments vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norfolk Southern Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Norfolk Southern's Cash And Short Term Investments and Other Current Liab is 0.38. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Norfolk Southern, assuming nothing else is changed. The correlation between historical values of Norfolk Southern's Cash And Short Term Investments and Other Current 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 Cash And Short Term Investments of Norfolk Southern are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Norfolk Southern's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Norfolk Southern balance sheet. This account contains Norfolk Southern investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Norfolk Southern fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Current Liab
Most indicators from Norfolk Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norfolk Southern 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 Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.The current year's Enterprise Value is expected to grow to about 48.1 B, whereas Selling General Administrative is forecasted to decline to about 61.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.0B | 5.5B | 6.1B | 4.4B | Total Revenue | 11.1B | 12.7B | 12.2B | 8.4B |
Norfolk Southern fundamental ratios Correlations
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Norfolk Southern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norfolk Southern fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.9B | 38.0B | 38.5B | 38.9B | 41.7B | 25.5B | |
Short Long Term Debt Total | 12.2B | 12.7B | 13.8B | 15.2B | 17.6B | 18.4B | |
Other Current Liab | 327M | 253M | 230M | 247M | 623M | 654.2M | |
Total Current Liabilities | 2.3B | 2.2B | 2.5B | 2.6B | 2.6B | 2.0B | |
Total Stockholder Equity | 15.2B | 14.8B | 13.6B | 12.7B | 12.8B | 9.5B | |
Property Plant And Equipment Net | 31.6B | 31.3B | 31.7B | 32.2B | 33.3B | 20.1B | |
Net Debt | 11.6B | 11.6B | 13.0B | 14.7B | 16.0B | 16.8B | |
Retained Earnings | 13.2B | 12.9B | 11.6B | 10.7B | 10.7B | 8.2B | |
Cash | 580M | 1.1B | 839M | 456M | 1.6B | 1.6B | |
Non Current Assets Total | 35.8B | 35.6B | 36.3B | 36.9B | 38.4B | 23.4B | |
Non Currrent Assets Other | 800M | 709M | 966M | (6.2B) | 677M | 710.9M | |
Cash And Short Term Investments | 580M | 1.1B | 839M | 456M | 1.6B | 1.6B | |
Net Receivables | 920M | 848M | 976M | 1.1B | 1.1B | 939.9M | |
Common Stock Shares Outstanding | 265.6M | 256.6M | 248.1M | 235.6M | 227.4M | 305.0M | |
Liabilities And Stockholders Equity | 37.9B | 38.0B | 38.5B | 38.9B | 41.7B | 25.5B | |
Non Current Liabilities Total | 20.4B | 21.0B | 22.3B | 23.5B | 26.2B | 14.0B | |
Inventory | 244M | 221M | 218M | 253M | 264M | 155.8M | |
Other Current Assets | 288M | 337M | 134M | 150M | 292M | 165.1M | |
Other Stockholder Equity | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 1.8B | |
Total Liab | 22.7B | 23.2B | 24.9B | 26.2B | 28.9B | 16.0B | |
Total Current Assets | 2.1B | 2.3B | 2.2B | 2.0B | 3.3B | 2.1B | |
Short Term Debt | 316M | 668M | 635M | 797M | 109M | 103.6M | |
Accounts Payable | 1.4B | 976M | 1.4B | 1.3B | 1.6B | 1.1B | |
Current Deferred Revenue | 229M | 263M | 305M | 7.3B | 117M | 111.2M | |
Common Stock Total Equity | 259M | 254M | 242M | 230M | 207M | 259.0M | |
Property Plant And Equipment Gross | 31.6B | 31.7B | 43.7B | 44.7B | 46.6B | 24.9B | |
Accumulated Other Comprehensive Income | (491M) | (594M) | (402M) | (351M) | (320M) | (336M) | |
Common Stock | 259M | 254M | 242M | 230M | 227M | 256.5M | |
Other Liab | 7.8B | 8.9B | 9.0B | 8.2B | 9.4B | 9.9B | |
Other Assets | 1.0B | 35.6B | 966M | 621M | 714.2M | 678.4M | |
Long Term Debt | 11.9B | 12.1B | 13.3B | 14.5B | 17.2B | 10.0B | |
Property Plant Equipment | 31.6B | 31.3B | 31.7B | 32.2B | 37.0B | 26.3B | |
Net Tangible Assets | 15.2B | 14.8B | 13.6B | 12.7B | 14.6B | 14.0B | |
Retained Earnings Total Equity | 13.2B | 12.9B | 11.6B | 10.7B | 12.3B | 9.6B | |
Long Term Debt Total | 11.9B | 12.1B | 13.3B | 14.5B | 16.7B | 11.0B | |
Capital Surpluse | 2.2B | 2.2B | 2.2B | 2.2B | 2.5B | 2.3B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Norfolk Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norfolk Southern'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 Norfolk Southern Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norfolk Southern Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Ground Transportation 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 Norfolk Southern. If investors know Norfolk 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 Norfolk Southern 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 1.31 | Dividend Share 5.4 | Earnings Share 10.63 | Revenue Per Share 53.858 | Quarterly Revenue Growth 0.027 |
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern'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 Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern'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 Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern'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.