Northern Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.
Total Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Dynasty Minerals Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northern Dynasty's Total Assets and Other Current Liab is -0.08. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Northern Dynasty Minerals are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Northern Dynasty's Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Northern Dynasty 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 Northern Dynasty Minerals 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.Other Current Liab
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 Income | 109K | 212K | 252K | 188.4K | Interest Income | 347K | 267K | 312K | 392.4K |
Northern Dynasty fundamental ratios Correlations
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Northern Dynasty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern Dynasty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 154.6M | 180.4M | 159.3M | 145.2M | 143.8M | 117.2M | |
Total Current Liabilities | 15.2M | 7.4M | 2.4M | 2.1M | 20.2M | 21.2M | |
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) | |
Cash | 14.0M | 42.5M | 22.3M | 14.2M | 18.2M | 24.5M | |
Non Current Assets Total | 139.7M | 136.4M | 135.1M | 128.4M | 122.7M | 102.0M | |
Non Currrent Assets Other | 805K | 791K | 785K | 852K | 766.8K | 728.5K | |
Net Receivables | 416K | 654K | 164K | 130K | 675K | 1.3M | |
Common Stock Total Equity | 513.3M | 517.3M | 587.4M | 683.0M | 785.5M | 824.8M | |
Liabilities And Stockholders Equity | 154.6M | 180.4M | 159.3M | 145.2M | 143.8M | 117.2M | |
Total Liab | 16.1M | 8.1M | 3.8M | 2.5M | 20.6M | 18.4M | |
Property Plant And Equipment Gross | 140.5M | 135.6M | 136.8M | 129.7M | 149.1M | 156.6M | |
Total Current Assets | 15.0M | 43.9M | 24.2M | 16.8M | 21.1M | 25.8M | |
Other Current Liab | 43K | 848K | 376K | 237K | 17.0M | 17.8M | |
Total Stockholder Equity | 138.5M | 172.3M | 155.5M | 142.7M | 123.3M | 113.1M | |
Other Liab | 7.2M | 88.8K | 657K | 804K | 924.6K | 878.4K | |
Net Tangible Assets | 148.2M | 138.5M | 172.3M | 155.5M | 178.8M | 187.8M | |
Accounts Payable | 12.4M | 6.3M | 1.9M | 1.7M | 929K | 882.6K | |
Other Current Assets | 498K | 823K | 1.9M | 2.5M | 2.9M | 3.1M | |
Other Stockholder Equity | 108.8M | 111.4M | 28.8M | 38.1M | 1K | 950.0 | |
Accumulated Other Comprehensive Income | 107.2M | 109.2M | 106.7M | 118.4M | 117.3M | 123.2M | |
Short Term Debt | 1.6M | 259K | 126K | 150K | 2.3M | 2.4M | |
Common Stock | 517.3M | 587.4M | 683.0M | 700.3M | 703.0M | 401.4M | |
Property Plant Equipment | 138.9M | 135.6M | 134.3M | 127.5M | 146.7M | 84.5M | |
Property Plant And Equipment Net | 138.9M | 135.6M | 134.3M | 127.5M | 121.9M | 99.9M | |
Cash And Short Term Investments | 14.0M | 42.5M | 22.3M | 14.2M | 18.2M | 21.6M | |
Common Stock Shares Outstanding | 358.3M | 473.7M | 521.5M | 529.8M | 530.3M | 556.8M | |
Non Current Liabilities Total | 934K | 657K | 1.4M | 463K | 338K | 321.1K | |
Long Term Debt Total | 934K | 657K | 561K | 463K | 532.5K | 319.6K | |
Capital Lease Obligations | 1.2M | 916K | 687K | 613K | 705.0K | 420.0K | |
Short Long Term Debt Total | 2.6M | 916K | 687K | 613K | 2.7M | 2.8M | |
Net Invested Capital | 139.9M | 172.3M | 155.5M | 142.7M | 164.1M | 164.3M | |
Net Working Capital | (233K) | 36.5M | 21.7M | 14.8M | 13.3M | 18.6M |
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Try AI Portfolio ArchitectCheck 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.