NTRS Stock | | | USD 101.63 0.85 0.83% |
Northern Trust financial indicator trend analysis is infinitely more than just investigating Northern Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Trust is a good investment. Please check the relationship between Northern Trust Accounts Payable and its Treasury Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our
How to Invest in Northern Trust guide.
Accounts Payable vs Treasury Stock
Accounts Payable vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern Trust Accounts Payable account and
Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Northern Trust's Accounts Payable and Treasury Stock is -0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Northern Trust, assuming nothing else is changed. The correlation between historical values of Northern Trust's Accounts Payable and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Northern Trust are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Accounts Payable i.e., Northern Trust's Accounts Payable and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Northern Trust obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Northern Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Treasury Stock
Most indicators from Northern Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Trust 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 Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our
How to Invest in Northern Trust guide.At this time, Northern Trust's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.42 in 2024, whereas
Tax Provision is likely to drop slightly above 349.8
M in 2024.
Northern Trust fundamental ratios Correlations
Click cells to compare fundamentals
Northern Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern Trust fundamental ratios Accounts
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Additional Tools for Northern Stock Analysis
When running Northern Trust's price analysis, check to
measure Northern Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to
predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.