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Northern Trust (Northern Trust) Net Debt Paydown Yield % : -14.81% (As of Apr. 28, 2024)


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What is Northern Trust Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Northern Trust's Net Debt Paydown Yield % was -14.81%.


Northern Trust Net Debt Paydown Yield % Historical Data

The historical data trend for Northern Trust's Net Debt Paydown Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Northern Trust Net Debt Paydown Yield % Chart

Northern Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.31 4.24 5.96 -2.62 -32.03

Northern Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.05 -40.64 -45.70 -32.03 -13.89

Competitive Comparison of Northern Trust's Net Debt Paydown Yield %

For the Asset Management subindustry, Northern Trust's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Trust's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Northern Trust's Net Debt Paydown Yield % falls into.



Northern Trust Net Debt Paydown Yield % Calculation

Northern Trust's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 11858-14384.55 )/18192.32064
=-13.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Northern Trust  (NAS:NTRS) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Northern Trust Net Debt Paydown Yield % Related Terms

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Northern Trust (Northern Trust) Business Description

Address
50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.
Executives
Jason J. Tyler officer: EVP & Chief Financial Officer C/O MULTI PACKAGING SOLUTIONS, 150 E 52ND ST, 28TH FLOOR, NEW YORK NY 10022
Levy Susan Cohen officer: Executive VP & General Counsel 50 S LASALLE ST, M9, CHICAGO IL 60603
Michael O'grady officer: President / C&IS 50 S LASALLE STREET, CHICAGO IL 60603
Peter Cherecwich officer: EVP, Global Fund Services 50 SOUTH LASALLE ST, M9, CHICAGO IL 60603
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Daniel Gamba officer: President / Asset Management 50 SOUTH LA SALLE ST, CHICAGO IL 60603
Lauren E Allnutt officer: SVP & Controller 50 S LA SALLE ST, CHICAGO IL 60603
Alexandria Taylor officer: Chief Human Resources Officer 50 SOUTH LA SALLE STREET, CHICAGO IL 60603
Thomas A South officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Clair Joyce St officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Teresa Parker officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Shundrawn A Thomas officer: President / Asset Management 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Robert P Browne officer: EVP & Chief Investment Officer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven L Fradkin officer: Executive Vice President & CFO 50 S LASALLE ST, CHICAGO IL 60603
Mark C Gossett officer: Executive Vice President 50 SOUTH LA SALLE STREET, CHICAGO IL 60603