Northern Current Deferred Revenue vs Total Current Assets Analysis

NAK Stock  USD 0.44  0.02  4.35%   
Northern Dynasty financial indicator trend analysis is infinitely more than just investigating Northern Dynasty Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Dynasty Minerals is a good investment. Please check the relationship between Northern Dynasty Current Deferred Revenue and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Dynasty Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Current Deferred Revenue vs Total Current Assets

Current Deferred Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Dynasty Minerals Current Deferred Revenue account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northern Dynasty's Current Deferred Revenue and Total Current Assets is -0.07. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Northern Dynasty Minerals, assuming nothing else is changed. The correlation between historical values of Northern Dynasty's Current Deferred Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Northern Dynasty Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., Northern Dynasty's Current Deferred Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Northern Dynasty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Dynasty Minerals 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 Dynasty Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Northern Dynasty's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 122.8 K this year, although Enterprise Value Multiple is projected to rise to (8.99).
 2021 2022 2023 2024 (projected)
Net Interest Income109K212K252K188.4K
Interest Income347K267K312K392.4K

Northern Dynasty fundamental ratios Correlations

0.2-0.58-0.610.570.920.080.020.490.440.140.58-0.080.930.410.520.50.110.080.250.760.630.630.570.390.41
0.2-0.09-0.60.190.21-0.29-0.260.660.530.610.150.810.050.190.610.35-0.410.54-0.250.330.390.370.160.60.14
-0.58-0.090.16-0.99-0.220.34-0.3-0.05-0.70.07-0.990.1-0.36-0.74-0.03-0.36-0.110.17-0.33-0.26-0.010.03-1.0-0.1-0.77
-0.61-0.60.16-0.22-0.670.30.34-0.93-0.24-0.81-0.19-0.48-0.62-0.03-0.84-0.220.37-0.650.19-0.9-0.69-0.64-0.19-0.950.01
0.570.19-0.99-0.220.22-0.380.290.120.720.020.990.010.350.730.090.360.05-0.090.30.270.02-0.011.00.170.76
0.920.21-0.22-0.670.220.25-0.170.580.220.20.22-0.040.940.160.630.430.090.170.130.790.770.780.220.450.14
0.08-0.290.340.3-0.380.250.01-0.18-0.27-0.49-0.35-0.230.18-0.170.02-0.090.34-0.04-0.02-0.210.210.32-0.37-0.44-0.18
0.02-0.26-0.30.340.29-0.170.01-0.4-0.14-0.360.39-0.10.08-0.1-0.48-0.27-0.02-0.10.34-0.25-0.55-0.570.28-0.46-0.04
0.490.66-0.05-0.930.120.58-0.18-0.40.260.770.090.550.480.040.890.23-0.350.69-0.50.780.720.70.090.89-0.01
0.440.53-0.7-0.240.720.22-0.27-0.140.260.010.680.230.090.930.30.58-0.120.01-0.030.190.290.270.720.220.91
0.140.610.07-0.810.020.2-0.49-0.360.770.01-0.020.540.19-0.240.630.09-0.40.64-0.30.650.390.33-0.010.89-0.28
0.580.15-0.99-0.190.990.22-0.350.390.090.68-0.020.00.370.690.060.320.04-0.070.310.26-0.02-0.050.990.120.72
-0.080.810.1-0.480.01-0.04-0.23-0.10.550.230.540.0-0.12-0.080.44-0.26-0.60.7-0.320.160.130.08-0.030.54-0.11
0.930.05-0.36-0.620.350.940.180.080.480.090.190.37-0.120.070.490.30.140.130.270.770.590.590.350.390.08
0.410.19-0.74-0.030.730.16-0.17-0.10.040.93-0.240.69-0.080.070.130.510.02-0.180.030.060.20.190.740.021.0
0.520.61-0.03-0.840.090.630.02-0.480.890.30.630.060.440.490.130.32-0.280.65-0.340.710.890.870.070.820.05
0.50.35-0.36-0.220.360.43-0.09-0.270.230.580.090.32-0.260.30.510.320.32-0.240.10.30.460.510.370.120.5
0.11-0.41-0.110.370.050.090.34-0.02-0.35-0.12-0.40.04-0.60.140.02-0.280.32-0.530.27-0.16-0.10.040.07-0.450.05
0.080.540.17-0.65-0.090.17-0.04-0.10.690.010.64-0.070.70.13-0.180.65-0.24-0.53-0.40.440.370.37-0.120.66-0.23
0.25-0.25-0.330.190.30.13-0.020.34-0.5-0.03-0.30.31-0.320.270.03-0.340.10.27-0.4-0.04-0.26-0.240.3-0.290.08
0.760.33-0.26-0.90.270.79-0.21-0.250.780.190.650.260.160.770.060.710.3-0.160.44-0.040.720.660.260.790.04
0.630.39-0.01-0.690.020.770.21-0.550.720.290.39-0.020.130.590.20.890.46-0.10.37-0.260.720.970.010.610.13
0.630.370.03-0.64-0.010.780.32-0.570.70.270.33-0.050.080.590.190.870.510.040.37-0.240.660.97-0.020.550.12
0.570.16-1.0-0.191.00.22-0.370.280.090.72-0.010.99-0.030.350.740.070.370.07-0.120.30.260.01-0.020.140.77
0.390.6-0.1-0.950.170.45-0.44-0.460.890.220.890.120.540.390.020.820.12-0.450.66-0.290.790.610.550.14-0.03
0.410.14-0.770.010.760.14-0.18-0.04-0.010.91-0.280.72-0.110.081.00.050.50.05-0.230.080.040.130.120.77-0.03
Click cells to compare fundamentals

Northern Dynasty Account Relationship Matchups

Northern Dynasty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.6M180.4M159.3M145.2M143.8M117.2M
Total Current Liabilities15.2M7.4M2.4M2.1M20.2M21.2M
Net Debt(11.5M)(41.5M)(21.6M)(13.6M)(15.5M)(16.3M)
Retained Earnings(556.1M)(620.0M)(651.5M)(676.0M)(697.0M)(662.1M)
Cash14.0M42.5M22.3M14.2M18.2M24.5M
Non Current Assets Total139.7M136.4M135.1M128.4M122.7M102.0M
Non Currrent Assets Other805K791K785K852K766.8K728.5K
Net Receivables416K654K164K130K675K1.3M
Common Stock Total Equity513.3M517.3M587.4M683.0M785.5M824.8M
Liabilities And Stockholders Equity154.6M180.4M159.3M145.2M143.8M117.2M
Total Liab16.1M8.1M3.8M2.5M20.6M18.4M
Property Plant And Equipment Gross140.5M135.6M136.8M129.7M149.1M156.6M
Total Current Assets15.0M43.9M24.2M16.8M21.1M25.8M
Other Current Liab43K848K376K237K17.0M17.8M
Total Stockholder Equity138.5M172.3M155.5M142.7M123.3M113.1M
Other Liab7.2M88.8K657K804K924.6K878.4K
Net Tangible Assets148.2M138.5M172.3M155.5M178.8M187.8M
Accounts Payable12.4M6.3M1.9M1.7M929K882.6K
Other Current Assets498K823K1.9M2.5M2.9M3.1M
Other Stockholder Equity108.8M111.4M28.8M38.1M1K950.0
Accumulated Other Comprehensive Income107.2M109.2M106.7M118.4M117.3M123.2M
Short Term Debt1.6M259K126K150K2.3M2.4M
Common Stock517.3M587.4M683.0M700.3M703.0M401.4M
Property Plant Equipment138.9M135.6M134.3M127.5M146.7M84.5M
Property Plant And Equipment Net138.9M135.6M134.3M127.5M121.9M99.9M
Cash And Short Term Investments14.0M42.5M22.3M14.2M18.2M21.6M
Common Stock Shares Outstanding358.3M473.7M521.5M529.8M530.3M556.8M
Non Current Liabilities Total934K657K1.4M463K338K321.1K
Long Term Debt Total934K657K561K463K532.5K319.6K
Capital Lease Obligations1.2M916K687K613K705.0K420.0K
Short Long Term Debt Total2.6M916K687K613K2.7M2.8M
Net Invested Capital139.9M172.3M155.5M142.7M164.1M164.3M
Net Working Capital(233K)36.5M21.7M14.8M13.3M18.6M

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When determining whether Northern Dynasty Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northern Dynasty Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Northern Dynasty Minerals Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Dynasty Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Diversified Metals & Mining 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 Northern Dynasty. If investors know Northern 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 Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Return On Assets
(0.08)
Return On Equity
(0.14)
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's 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 Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's 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 Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty's 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.