Northwest Accounts Payable vs Total Current Liabilities Analysis

NWBI Stock  USD 14.68  0.12  0.81%   
Northwest Bancshares financial indicator trend analysis is infinitely more than just investigating Northwest Bancshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Bancshares is a good investment. Please check the relationship between Northwest Bancshares Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Bancshares Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Northwest Bancshares' Accounts Payable and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Northwest Bancshares, assuming nothing else is changed. The correlation between historical values of Northwest Bancshares' Accounts Payable and Total Current Liabilities 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 Northwest Bancshares are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Northwest Bancshares' Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Northwest Bancshares 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 Northwest Bancshares 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.

Total Current Liabilities

Total Current Liabilities is an item on Northwest Bancshares balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northwest Bancshares are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Northwest Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Bancshares 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 Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.As of now, Northwest Bancshares' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Northwest Bancshares' current Enterprise Value Multiple is estimated to increase to 18.57, while Selling General Administrative is projected to decrease to under 121.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense27.2M28.1M152.2M78.4M
Depreciation And Amortization17.7M15.9M24.5M25.7M

Northwest Bancshares fundamental ratios Correlations

0.04-0.540.20.950.81-0.210.850.140.370.280.060.490.470.860.70.150.881.00.730.470.13-0.580.820.49-0.59
0.04-0.160.030.180.280.670.37-0.010.040.050.0-0.050.160.12-0.290.090.080.030.150.160.54-0.44-0.190.14-0.45
-0.54-0.16-0.54-0.39-0.31-0.31-0.42-0.530.28-0.55-0.43-0.010.21-0.61-0.64-0.47-0.64-0.55-0.760.21-0.150.1-0.2-0.80.12
0.20.03-0.540.070.190.150.150.98-0.260.990.99-0.69-0.550.50.50.990.490.210.63-0.560.050.130.060.150.1
0.950.18-0.390.070.91-0.120.95-0.040.380.14-0.060.560.540.790.460.040.820.940.610.550.2-0.790.730.31-0.8
0.810.28-0.310.190.910.080.90.030.20.240.10.340.340.740.220.180.730.790.520.340.16-0.880.520.07-0.89
-0.210.67-0.310.15-0.120.080.080.12-0.710.090.17-0.23-0.50.03-0.40.17-0.14-0.22-0.09-0.490.25-0.17-0.590.07-0.18
0.850.37-0.420.150.950.90.080.020.270.220.040.410.430.770.340.140.770.830.610.430.38-0.850.530.3-0.86
0.14-0.01-0.530.98-0.040.030.120.02-0.260.970.97-0.73-0.580.450.560.970.40.160.59-0.580.030.30.050.210.28
0.370.040.28-0.260.380.2-0.710.27-0.26-0.17-0.330.340.870.080.24-0.250.240.370.220.870.14-0.220.640.03-0.21
0.280.05-0.550.990.140.240.090.220.97-0.170.97-0.64-0.460.550.560.990.560.290.7-0.470.080.080.150.190.05
0.060.0-0.430.99-0.060.10.170.040.97-0.330.97-0.78-0.640.40.390.990.360.080.5-0.650.010.2-0.050.020.17
0.49-0.05-0.01-0.690.560.34-0.230.41-0.730.34-0.64-0.780.720.10.06-0.740.270.470.00.72-0.04-0.50.470.27-0.48
0.470.160.21-0.550.540.34-0.50.43-0.580.87-0.46-0.640.720.090.1-0.550.260.450.131.00.16-0.470.630.13-0.46
0.860.12-0.610.50.790.740.030.770.450.080.550.40.10.090.690.470.810.860.680.090.33-0.450.620.4-0.47
0.7-0.29-0.640.50.460.22-0.40.340.560.240.560.390.060.10.690.440.70.720.770.090.040.130.680.670.11
0.150.09-0.470.990.040.180.170.140.97-0.250.990.99-0.74-0.550.470.440.450.170.59-0.550.080.110.030.080.09
0.880.08-0.640.490.820.73-0.140.770.40.240.560.360.270.260.810.70.450.880.860.260.12-0.530.710.45-0.54
1.00.03-0.550.210.940.79-0.220.830.160.370.290.080.470.450.860.720.170.880.740.460.12-0.550.820.51-0.57
0.730.15-0.760.630.610.52-0.090.610.590.220.70.50.00.130.680.770.590.860.740.130.18-0.280.50.66-0.29
0.470.160.21-0.560.550.34-0.490.43-0.580.87-0.47-0.650.721.00.090.09-0.550.260.460.130.16-0.480.630.14-0.46
0.130.54-0.150.050.20.160.250.380.030.140.080.01-0.040.160.330.040.080.120.120.180.16-0.29-0.070.3-0.3
-0.58-0.440.10.13-0.79-0.88-0.17-0.850.3-0.220.080.2-0.5-0.47-0.450.130.11-0.53-0.55-0.28-0.48-0.29-0.310.041.0
0.82-0.19-0.20.060.730.52-0.590.530.050.640.15-0.050.470.630.620.680.030.710.820.50.63-0.07-0.310.25-0.32
0.490.14-0.80.150.310.070.070.30.210.030.190.020.270.130.40.670.080.450.510.660.140.30.040.250.04
-0.59-0.450.120.1-0.8-0.89-0.18-0.860.28-0.210.050.17-0.48-0.46-0.470.110.09-0.54-0.57-0.29-0.46-0.31.0-0.320.04
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Northwest Bancshares Account Relationship Matchups

Northwest Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B13.8B14.5B14.1B14.4B8.1B
Short Long Term Debt Total368.1M411.8M391.7M900.2M642.7M621.5M
Other Current Liab(93.9M)(139.7M)(140.9M)(660.3M)(412.6M)(391.9M)
Total Current Liabilities93.9M139.7M140.9M660.3M7.4B7.7B
Total Stockholder Equity1.4B1.5B1.6B1.5B1.6B924.2M
Property Plant And Equipment Net147.4M161.5M156.5M145.9M200.6M116.7M
Net Debt307.3M(324.4M)(887.5M)760.9M520.4M299.4M
Retained Earnings583.4M555.5M609.5M641.7M674.7M450.4M
Accounts Payable1.1M2.1M1.8M3.2M13.7M14.4M
Cash60.8M736.3M1.3B139.4M122.3M116.1M
Non Current Assets Total1.4B2.1B2.9B2.6B14.2B15.0B
Non Currrent Assets Other(1.4B)(2.1B)(2.9B)(2.6B)11.8B12.4B
Other Assets8.2B9.5B8.8B10.1B47.5M45.1M
Cash And Short Term Investments880.7M2.1B2.8B1.4B122.3M116.1M
Net Receivables25.8M35.6M25.6M35.5M47.4M25.0M
Common Stock Shares Outstanding105.8M120.2M127.0M126.7M127.0M118.6M
Liabilities And Stockholders Equity10.5B13.8B14.5B14.1B14.4B8.1B
Non Current Liabilities Total275.4M274.2M252.6M243.2M12.9B13.5B
Other Stockholder Equity805.8M1.0B1.0B1.0B1.0B1.1B
Total Liab9.1B12.3B12.9B12.6B12.9B7.1B
Property Plant And Equipment Gross147.4M161.5M336.6M325.7M321.4M337.5M
Total Current Assets906.5M2.2B2.9B1.4B122.3M116.1M
Accumulated Other Comprehensive Income(36.9M)(33.5M)(37.6M)(171.2M)(149.5M)(142.0M)
Short Term Debt92.7M137.7M139.1M657.1M398.9M239.4M
Common Stock1.0M1.1M1.3M1.3M1.3M2.2M
Other Liab106.3M254.4M223.2M126.5M145.5M98.7M
Long Term Debt121.8M128.8M391.7M924.3M243.8M274.6M
Common Stock Total Equity1.0M1.1M1.3M1.3M1.1M2.1M
Short Term Investments819.9M1.4B1.5B1.2B1.0B646.3M
Inventory(87.6M)(774.1M)(1.3B)(175.3M)(13.3B)(12.7B)
Intangible Assets23.1M19.9M12.8M8.6M5.3M5.0M
Property Plant Equipment147.4M161.5M156.5M145.9M167.8M131.5M
Other Current Assets87.6M774.1M1.3B175.3M169.7M161.2M
Net Tangible Assets984.1M1.1B1.2B1.1B1.3B1.1B
Retained Earnings Total Equity583.4M555.5M609.5M641.7M738.0M601.6M
Long Term Debt Total121.8M128.8M252.6M243.2M279.6M147.0M
Capital Surpluse805.8M1.0B1.0B1.0B1.2B850.9M
Long Term Investments9.6B1.6B2.3B2.1B1.9B1.9B
Non Current Liabilities Other179.3M254.4M223.2M229.7M264.2M169.0M

Currently Active Assets on Macroaxis

When determining whether Northwest Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northwest Bancshares' 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 Northwest Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northwest Bancshares Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Regional Banks 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 Northwest Bancshares. If investors know Northwest 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 Northwest Bancshares 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
(0.16)
Dividend Share
0.8
Earnings Share
0.76
Revenue Per Share
3.843
Quarterly Revenue Growth
(0.03)
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' 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 Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' 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 Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.