NorthWest Historical Balance Sheet
NWH-UN Stock | CAD 5.04 0.02 0.40% |
Trend analysis of NorthWest Healthcare Properties balance sheet accounts such as Total Stockholder Equity of 1.2 B provides information on NorthWest Healthcare's total assets, liabilities, and equity, which is the actual value of NorthWest Healthcare to its prevalent stockholders. By breaking down trends over time using NorthWest Healthcare balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NorthWest Healthcare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NorthWest Healthcare is a good buy for the upcoming year.
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About NorthWest Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NorthWest Healthcare at a specified time, usually calculated after every quarter, six months, or one year. NorthWest Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NorthWest Healthcare 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 NorthWest currently owns. An asset can also be divided into two categories, current and non-current.
NorthWest Healthcare Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NorthWest Healthcare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NorthWest Healthcare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on NorthWest Healthcare 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 Healthcare Properties 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from NorthWest Healthcare's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NorthWest Healthcare current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Healthcare Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, NorthWest Healthcare's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 256.4 M, whereas Total Assets are forecasted to decline to about 4.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.9B | 3.7B | 3.9B | 2.1B | Total Assets | 7.1B | 8.5B | 7.6B | 4.4B |
NorthWest Healthcare balance sheet Correlations
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NorthWest Healthcare Account Relationship Matchups
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NorthWest Healthcare balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 5.8B | 7.1B | 8.5B | 7.6B | 4.4B | |
Short Long Term Debt Total | 2.7B | 2.8B | 2.9B | 3.7B | 3.9B | 2.1B | |
Other Current Liab | 9.8M | 36.0M | 496.6M | 441.7M | (71.1M) | (67.6M) | |
Total Current Liabilities | 263.9M | 571.8M | 752.3M | 1.1B | 531.6M | 323.5M | |
Total Stockholder Equity | 1.3B | 1.6B | 2.4B | 2.5B | 2.0B | 1.2B | |
Property Plant And Equipment Net | 7.5M | 6.4M | 6.8M | 9.1M | 8M | 7.6M | |
Net Debt | 2.5B | 2.6B | 2.9B | 3.6B | 3.8B | 2.1B | |
Accounts Payable | 91.3M | 92.3M | 90.0M | 133.3M | 128.7M | 67.6M | |
Cash | 192.2M | 144.1M | 62.7M | 88.0M | 72.0M | 60.5M | |
Non Current Assets Total | 5.2B | 5.7B | 6.9B | 7.4B | 7.4B | 4.2B | |
Non Currrent Assets Other | 10.2M | 7.8M | 6.3B | 6.7B | 6.9B | 7.3B | |
Cash And Short Term Investments | 192.2M | 144.1M | 62.7M | 88.0M | 72.0M | 60.5M | |
Net Receivables | 55.1M | 31.5M | 73.5M | 38.8M | 46.0M | 28.9M | |
Common Stock Shares Outstanding | 140.2M | 200.8M | 218.8M | 240.4M | 244.2M | 256.4M | |
Liabilities And Stockholders Equity | 5.5B | 5.8B | 7.1B | 8.5B | 7.6B | 4.4B | |
Non Current Liabilities Total | 3.2B | 2.7B | 2.8B | 3.7B | 3.9B | 2.3B | |
Inventory | 111.3M | (15.3M) | (510.0K) | (37.6M) | 181.7M | 190.8M | |
Other Current Assets | 3.5M | 5.9M | 7.2M | 987.1M | 63.7M | 94.1M | |
Other Stockholder Equity | (352.1M) | 39.7M | (1.2B) | (548.8M) | (1.0B) | 41.7M | |
Total Liab | 3.5B | 3.3B | 3.5B | 4.8B | 4.5B | 2.6B | |
Total Current Assets | 366.4M | 181.5M | 143.4M | 1.1B | 181.7M | 211.7M | |
Other Liab | 284.2M | 322.2M | 287.8M | 386.2M | 444.1M | 466.4M | |
Net Tangible Assets | 819.0M | 1.2B | 1.5B | 2.3B | 2.6B | 2.8B | |
Retained Earnings | (90.5M) | 85.3M | 354.2M | 229.0M | (277.0M) | (263.2M) | |
Other Assets | 12.1M | 14.7M | 14.8M | 41.0M | 47.1M | 49.5M | |
Long Term Debt | 2.6B | 2.3B | 2.3B | 3.2B | 3.5B | 2.0B | |
Short Long Term Debt | 138.8M | 446.5M | 636.0M | 506.8M | 450.4M | 299.7M | |
Short Term Debt | 140.5M | 904.8M | 637.8M | 508.7M | 452.5M | 479.4M | |
Common Stock | 1.5B | 1.7B | 2.3B | 2.5B | 2.5B | 2.7B | |
Property Plant Equipment | 4.7B | 4.9B | 5.3B | 6.3B | 7.2B | 7.6B | |
Intangible Assets | 47.3M | 47.3M | 47.3M | 45.0M | 43.8M | 47.4M | |
Long Term Investments | 134.1M | 298.0M | 481.4M | 619.6M | 439.1M | 300.7M | |
Accumulated Other Comprehensive Income | (140.2M) | (181.5M) | (291.8M) | (315.8M) | (293.4M) | (278.7M) | |
Short Term Investments | 900K | 535K | 510K | 37.6M | 25.9M | 27.2M | |
Non Current Liabilities Other | 211.3M | 21.5M | 23.6M | 16.2M | 8.7M | 8.3M | |
Capital Lease Obligations | 11.3M | 12.4M | 12.7M | 12.9M | 14.4M | 12.0M | |
Net Invested Capital | 4.0B | 4.4B | 5.3B | 6.1B | 5.9B | 5.2B | |
Net Working Capital | 69.8M | (408.2M) | (608.9M) | 14.4M | (459.8M) | (436.8M) |
Pair Trading with NorthWest Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NorthWest Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NorthWest Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with NorthWest Stock
Moving against NorthWest Stock
The ability to find closely correlated positions to NorthWest Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthWest Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NorthWest Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NorthWest Healthcare Properties to buy it.
The correlation of NorthWest Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NorthWest Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthWest Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NorthWest Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NorthWest Stock
Balance Sheet is a snapshot of the financial position of NorthWest Healthcare at a specified time, usually calculated after every quarter, six months, or one year. NorthWest Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NorthWest Healthcare 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 NorthWest currently owns. An asset can also be divided into two categories, current and non-current.