Northwest Change To Inventory vs Depreciation Analysis

NWPX Stock

USD 45.19 0.82 1.78%

Northwest Pipe financial indicator trend analysis is infinitely more than just investigating Northwest Pipe recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Pipe is a good investment. Please check the relationship between Northwest Pipe Change To Inventory and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Pipe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Pipe Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Northwest Pipe's Change To Inventory and Depreciation is -0.39. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Northwest Pipe, assuming nothing else is changed. The correlation between historical values of Northwest Pipe's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Northwest Pipe are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Northwest Pipe's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of Northwest Pipe value has been used up. For tax purposes Northwest Pipe can deduct the cost of the tangible assets it purchases as business expenses. However, Northwest Pipe must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Northwest Pipe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Pipe 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 Pipe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.At this time, Northwest Pipe's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 10.86 in 2025, whereas Selling General Administrative is likely to drop slightly above 27.7 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	3.6M	4.9M	4.4M	3.4M
Depreciation And Amortization	17.1M	15.8M	18.2M	19.1M

Interest Expense Depreciation And Amortization

Northwest Pipe fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.8	0.72	0.92	0.92	0.97	0.78	0.83	0.88	-0.32	0.85	0.26	-0.32	0.92	0.69	0.91	0.72	0.24	0.67	0.94	0.61	0.96	0.56	0.64	0.47	0.49
Short Long Term Debt Total	0.8		0.74	0.84	0.55	0.78	0.99	0.81	0.89	-0.51	0.93	0.19	-0.51	0.71	0.27	0.92	0.61	0.22	0.21	0.92	0.69	0.72	0.71	0.79	0.43	0.45
Other Current Liab	0.72	0.74		0.76	0.6	0.72	0.71	0.72	0.63	-0.27	0.78	-0.12	-0.27	0.75	0.39	0.69	0.41	-0.01	0.37	0.73	0.49	0.65	0.55	0.64	0.31	0.32
Total Current Liabilities	0.92	0.84	0.76		0.76	0.88	0.83	0.8	0.9	-0.4	0.83	0.28	-0.4	0.84	0.44	0.88	0.71	0.22	0.41	0.94	0.67	0.87	0.79	0.76	0.58	0.6
Total Stockholder Equity	0.92	0.55	0.6	0.76		0.9	0.5	0.79	0.71	-0.06	0.71	0.23	-0.06	0.89	0.9	0.69	0.6	0.18	0.9	0.73	0.56	0.91	0.29	0.33	0.39	0.41
Property Plant And Equipment Net	0.97	0.78	0.72	0.88	0.9		0.76	0.8	0.83	-0.33	0.86	0.09	-0.33	0.88	0.69	0.89	0.64	0.22	0.68	0.91	0.61	0.88	0.51	0.66	0.51	0.52
Net Debt	0.78	0.99	0.71	0.83	0.5	0.76		0.77	0.89	-0.63	0.9	0.2	-0.63	0.66	0.21	0.92	0.66	0.25	0.15	0.91	0.66	0.69	0.7	0.8	0.4	0.42
Retained Earnings	0.83	0.81	0.72	0.8	0.79	0.8	0.77		0.81	-0.22	0.94	0.28	-0.22	0.8	0.65	0.72	0.6	0.19	0.57	0.76	0.87	0.83	0.49	0.42	0.38	0.41
Accounts Payable	0.88	0.89	0.63	0.9	0.71	0.83	0.89	0.81		-0.49	0.85	0.48	-0.49	0.84	0.45	0.9	0.71	0.21	0.4	0.92	0.65	0.85	0.6	0.71	0.49	0.51
Cash	-0.32	-0.51	-0.27	-0.4	-0.06	-0.33	-0.63	-0.22	-0.49		-0.34	-0.14	1.0	-0.15	0.17	-0.53	-0.64	-0.31	0.2	-0.5	-0.23	-0.28	-0.4	-0.48	-0.08	-0.09
Non Current Assets Total	0.85	0.93	0.78	0.83	0.71	0.86	0.9	0.94	0.85	-0.34		0.12	-0.34	0.78	0.52	0.83	0.55	0.17	0.46	0.85	0.82	0.76	0.56	0.63	0.44	0.47
Non Currrent Assets Other	0.26	0.19	-0.12	0.28	0.23	0.09	0.2	0.28	0.48	-0.14	0.12		-0.14	0.3	0.12	0.23	0.46	0.18	0.09	0.25	0.18	0.44	0.16	0.04	0.05	0.06
Cash And Short Term Investments	-0.32	-0.51	-0.27	-0.4	-0.06	-0.33	-0.63	-0.22	-0.49	1.0	-0.34	-0.14		-0.15	0.17	-0.53	-0.64	-0.31	0.2	-0.5	-0.23	-0.28	-0.4	-0.48	-0.08	-0.09
Net Receivables	0.92	0.71	0.75	0.84	0.89	0.88	0.66	0.8	0.84	-0.15	0.78	0.3	-0.15		0.7	0.79	0.51	-0.03	0.69	0.82	0.53	0.89	0.45	0.52	0.49	0.5
Common Stock Shares Outstanding	0.69	0.27	0.39	0.44	0.9	0.69	0.21	0.65	0.45	0.17	0.52	0.12	0.17	0.7		0.39	0.39	0.15	0.99	0.42	0.42	0.72	-0.11	-0.02	0.19	0.2
Non Current Liabilities Total	0.91	0.92	0.69	0.88	0.69	0.89	0.92	0.72	0.9	-0.53	0.83	0.23	-0.53	0.79	0.39		0.72	0.28	0.38	0.99	0.5	0.83	0.66	0.83	0.42	0.43
Inventory	0.72	0.61	0.41	0.71	0.6	0.64	0.66	0.6	0.71	-0.64	0.55	0.46	-0.64	0.51	0.39	0.72		0.49	0.35	0.73	0.48	0.8	0.5	0.42	0.12	0.14
Other Current Assets	0.24	0.22	-0.01	0.22	0.18	0.22	0.25	0.19	0.21	-0.31	0.17	0.18	-0.31	-0.03	0.15	0.28	0.49		0.12	0.27	0.14	0.32	0.16	0.2	-0.11	-0.1
Other Stockholder Equity	0.67	0.21	0.37	0.41	0.9	0.68	0.15	0.57	0.4	0.2	0.46	0.09	0.2	0.69	0.99	0.38	0.35	0.12		0.4	0.33	0.7	-0.13	-0.01	0.17	0.18
Total Liab	0.94	0.92	0.73	0.94	0.73	0.91	0.91	0.76	0.92	-0.5	0.85	0.25	-0.5	0.82	0.42	0.99	0.73	0.27	0.4		0.57	0.87	0.71	0.83	0.48	0.49
Property Plant And Equipment Gross	0.61	0.69	0.49	0.67	0.56	0.61	0.66	0.87	0.65	-0.23	0.82	0.18	-0.23	0.53	0.42	0.5	0.48	0.14	0.33	0.57		0.57	0.51	0.31	0.49	0.53
Total Current Assets	0.96	0.72	0.65	0.87	0.91	0.88	0.69	0.83	0.85	-0.28	0.76	0.44	-0.28	0.89	0.72	0.83	0.8	0.32	0.7	0.87	0.57		0.5	0.49	0.34	0.36
Short Term Debt	0.56	0.71	0.55	0.79	0.29	0.51	0.7	0.49	0.6	-0.4	0.56	0.16	-0.4	0.45	-0.11	0.66	0.5	0.16	-0.13	0.71	0.51	0.5		0.75	0.49	0.51
Intangible Assets	0.64	0.79	0.64	0.76	0.33	0.66	0.8	0.42	0.71	-0.48	0.63	0.04	-0.48	0.52	-0.02	0.83	0.42	0.2	-0.01	0.83	0.31	0.49	0.75		0.45	0.45
Common Stock Total Equity	0.47	0.43	0.31	0.58	0.39	0.51	0.4	0.38	0.49	-0.08	0.44	0.05	-0.08	0.49	0.19	0.42	0.12	-0.11	0.17	0.48	0.49	0.34	0.49	0.45		1.0
Common Stock	0.49	0.45	0.32	0.6	0.41	0.52	0.42	0.41	0.51	-0.09	0.47	0.06	-0.09	0.5	0.2	0.43	0.14	-0.1	0.18	0.49	0.53	0.36	0.51	0.45	1.0

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Northwest Pipe Account Relationship Matchups

Northwest Pipe fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	373.0M	547.7M	601.3M	597.9M	687.6M	361.2M
Short Long Term Debt Total	43.7M	185.2M	188.6M	162.9M	187.4M	196.7M
Other Current Liab	16.4M	24.5M	53.9M	26.2M	30.1M	31.6M
Total Current Liabilities	45.9M	64.1M	90.8M	96.2M	110.6M	56.7M
Total Stockholder Equity	269.6M	283.4M	318.3M	340.4M	391.4M	210.1M
Property Plant And Equipment Net	141.0M	219.8M	226.3M	232.1M	266.9M	135.2M
Net Debt	5.8M	182.2M	184.9M	158.9M	182.7M	191.8M
Retained Earnings	148.4M	159.9M	191.1M	212.1M	243.9M	256.1M
Accounts Payable	13.0M	32.3M	27.0M	31.1M	35.8M	25.4M
Cash	37.9M	3.0M	3.7M	4.1M	4.7M	6.5M
Non Current Assets Total	181.1M	319.5M	322.6M	325.4M	374.2M	392.9M
Non Currrent Assets Other	6.6M	6.6M	(5.9M)	6.4M	7.3M	4.7M
Cash And Short Term Investments	37.9M	3.0M	3.7M	4.1M	4.7M	6.7M
Net Receivables	119.7M	159.8M	193.3M	168.2M	193.4M	110.9M
Common Stock Shares Outstanding	9.9M	9.9M	10.0M	10.1M	11.6M	8.9M
Liabilities And Stockholders Equity	373.0M	547.7M	601.3M	597.9M	687.6M	361.2M
Non Current Liabilities Total	57.5M	200.2M	192.2M	161.3M	185.5M	94.4M
Inventory	29.2M	59.7M	71.0M	91.2M	104.9M	60.6M
Other Current Assets	5.2M	5.7M	10.7M	9.0M	10.4M	9.3M
Other Stockholder Equity	123.0M	125.1M	127.9M	129.1M	148.5M	90.7M
Total Liab	103.4M	264.3M	283.1M	257.5M	296.1M	151.2M
Property Plant And Equipment Gross	141.0M	121.3M	133.2M	358.5M	412.2M	432.9M
Total Current Assets	192.0M	228.2M	278.7M	272.5M	313.4M	190.4M
Accumulated Other Comprehensive Income	(1.9M)	(1.7M)	(789K)	(960K)	(1.1M)	(1.2M)
Short Term Debt	10.3M	4.7M	15.5M	17.4M	15.7M	9.7M
Intangible Assets	10.5M	39.4M	35.3M	31.1M	28.0M	14.1M
Other Liab	13.1M	23.7M	19.7M	16.5M	19.0M	15.7M
Other Assets	6.7M	37.4M	6.6M	5.5M	6.4M	12.5M
Property Plant Equipment	99.6M	110.2M	219.8M	133.2M	153.1M	144.3M
Current Deferred Revenue	6.2M	2.6M	17.5M	21.5M	24.7M	25.9M
Net Tangible Assets	248.2M	236.1M	190.3M	318.3M	366.0M	253.5M
Retained Earnings Total Equity	129.3M	148.4M	159.9M	191.1M	219.7M	134.3M
Long Term Debt Total	1.2M	5.9M	86.8M	83.7M	75.3M	79.1M
Capital Surpluse	120.5M	123.0M	125.1M	127.9M	147.1M	130.6M
Capital Lease Obligations	30.5M	98.9M	94.2M	90.2M	103.7M	108.9M

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When running Northwest Pipe's price analysis, check to measure Northwest Pipe'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 Northwest Pipe is operating at the current time. Most of Northwest Pipe's value examination focuses on studying past and present price action to predict the probability of Northwest Pipe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Pipe's price. Additionally, you may evaluate how the addition of Northwest Pipe to your portfolios can decrease your overall portfolio volatility.

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Northwest Change To Inventory vs Depreciation Analysis

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Inventory

Depreciation

Northwest Pipe fundamental ratios Correlations

Northwest Pipe Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northwest Pipe fundamental ratios Accounts

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Additional Tools for Northwest Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.97	Total Assets

Inventory	- 0.64	Cash And Short Term Investments
Inventory	- 0.64	Cash
Cash And Short Term Investments	- 0.63	Net Debt
Cash	- 0.63	Net Debt
Non Current Liabilities Total	- 0.53	Cash And Short Term Investments
Non Current Liabilities Total	- 0.53	Cash