NorthIsle Cash vs Net Invested Capital Analysis

NCX Stock

CAD 0.44 0.03 7.32%

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

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthIsle Copper Cash account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NorthIsle Copper's Cash and Net Invested Capital is 0.93. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of NorthIsle Copper and, assuming nothing else is changed. The correlation between historical values of NorthIsle Copper's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of NorthIsle Copper and are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., NorthIsle Copper's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of NorthIsle Copper, which is listed under current asset account on NorthIsle Copper and balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NorthIsle Copper customers. The amounts must be unrestricted with restricted cash listed in a different NorthIsle Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Selling General Administrative is likely to drop to about 1.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 5.1 M in 2024

NorthIsle Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Other Current Assets	Non Currrent Assets Other	Other Assets	Net Invested Capital	Net Working Capital	Inventory	Capital Stock
Total Assets		0.47	0.97	0.47	-0.77	-0.29	0.75	0.5	0.75	0.01	-0.4	0.47	0.75	0.53	0.47	0.64	0.49	0.64	0.44	0.59	-0.36	0.63	0.67	0.61	-0.28	0.68
Total Current Liabilities	0.47		0.26	-0.22	-0.61	-0.65	0.59	-0.19	0.59	-0.14	-0.48	1.0	0.62	0.94	0.74	0.56	0.69	0.74	0.26	0.87	-0.48	0.67	0.53	0.47	-0.16	0.71
Total Stockholder Equity	0.97	0.26		0.58	-0.68	-0.15	0.66	0.6	0.66	0.05	-0.31	0.26	0.66	0.33	0.32	0.56	0.36	0.5	0.41	0.42	-0.27	0.52	0.59	0.54	-0.26	0.55
Property Plant And Equipment Net	0.47	-0.22	0.58		0.18	0.68	-0.2	1.0	-0.2	0.2	0.3	-0.22	-0.2	-0.22	-0.44	-0.3	-0.4	-0.32	-0.27	-0.21	0.41	-0.34	-0.3	-0.37	0.35	-0.29
Net Debt	-0.77	-0.61	-0.68	0.18		0.81	-1.0	0.15	-1.0	0.12	0.63	-0.61	-1.0	-0.72	-0.78	-0.88	-0.85	-0.88	-0.74	-0.74	0.68	-0.96	-0.94	-0.96	0.68	-0.94
Retained Earnings	-0.29	-0.65	-0.15	0.68	0.81		-0.81	0.66	-0.81	0.26	0.63	-0.65	-0.81	-0.71	-0.87	-0.79	-0.88	-0.87	-0.73	-0.65	0.72	-0.88	-0.82	-0.86	0.67	-0.88
Cash	0.75	0.59	0.66	-0.2	-1.0	-0.81		-0.17	1.0	-0.12	-0.62	0.59	1.0	0.72	0.76	0.86	0.86	0.86	0.75	0.72	-0.68	0.96	0.93	0.97	-0.71	0.93
Non Current Assets Total	0.5	-0.19	0.6	1.0	0.15	0.66	-0.17		-0.17	0.2	0.27	-0.19	-0.17	-0.19	-0.41	-0.27	-0.37	-0.28	-0.26	-0.18	0.39	-0.31	-0.27	-0.34	0.34	-0.26
Cash And Short Term Investments	0.75	0.59	0.66	-0.2	-1.0	-0.81	1.0	-0.17		-0.12	-0.62	0.59	1.0	0.72	0.76	0.86	0.86	0.86	0.74	0.73	-0.68	0.96	0.93	0.97	-0.71	0.93
Net Receivables	0.01	-0.14	0.05	0.2	0.12	0.26	-0.12	0.2	-0.12		0.19	-0.14	-0.12	-0.12	-0.31	-0.22	-0.11	-0.23	-0.11	-0.18	0.06	-0.17	-0.2	-0.18	0.08	-0.19
Other Stockholder Equity	-0.4	-0.48	-0.31	0.3	0.63	0.63	-0.62	0.27	-0.62	0.19		-0.48	-0.64	-0.5	-0.74	-0.66	-0.64	-0.64	-0.35	-0.5	0.65	-0.57	-0.63	-0.63	0.33	-0.58
Total Liab	0.47	1.0	0.26	-0.22	-0.61	-0.65	0.59	-0.19	0.59	-0.14	-0.48		0.62	0.94	0.74	0.56	0.69	0.74	0.26	0.87	-0.48	0.67	0.53	0.47	-0.16	0.71
Total Current Assets	0.75	0.62	0.66	-0.2	-1.0	-0.81	1.0	-0.17	1.0	-0.12	-0.64	0.62		0.73	0.77	0.87	0.86	0.87	0.73	0.75	-0.67	0.96	0.93	0.96	-0.69	0.93
Other Current Liab	0.53	0.94	0.33	-0.22	-0.72	-0.71	0.72	-0.19	0.72	-0.12	-0.5	0.94	0.73		0.7	0.56	0.73	0.73	0.4	0.81	-0.49	0.74	0.58	0.59	-0.39	0.75
Common Stock Shares Outstanding	0.47	0.74	0.32	-0.44	-0.78	-0.87	0.76	-0.41	0.76	-0.31	-0.74	0.74	0.77	0.7		0.88	0.77	0.94	0.54	0.76	-0.8	0.78	0.83	0.76	-0.34	0.86
Net Tangible Assets	0.64	0.56	0.56	-0.3	-0.88	-0.79	0.86	-0.27	0.86	-0.22	-0.66	0.56	0.87	0.56	0.88		0.7	0.93	0.58	0.77	-0.73	0.85	0.98	0.9	-0.38	0.9
Accounts Payable	0.49	0.69	0.36	-0.4	-0.85	-0.88	0.86	-0.37	0.86	-0.11	-0.64	0.69	0.86	0.73	0.77	0.7		0.81	0.74	0.64	-0.72	0.89	0.77	0.83	-0.72	0.86
Common Stock	0.64	0.74	0.5	-0.32	-0.88	-0.87	0.86	-0.28	0.86	-0.23	-0.64	0.74	0.87	0.73	0.94	0.93	0.81		0.71	0.77	-0.7	0.87	0.92	0.85	-0.45	0.97
Property Plant Equipment	0.44	0.26	0.41	-0.27	-0.74	-0.73	0.75	-0.26	0.74	-0.11	-0.35	0.26	0.73	0.4	0.54	0.58	0.74	0.71		0.24	-0.43	0.74	0.71	0.77	-0.85	0.79
Other Current Assets	0.59	0.87	0.42	-0.21	-0.74	-0.65	0.72	-0.18	0.73	-0.18	-0.5	0.87	0.75	0.81	0.76	0.77	0.64	0.77	0.24		-0.51	0.8	0.73	0.66	-0.17	0.76
Non Currrent Assets Other	-0.36	-0.48	-0.27	0.41	0.68	0.72	-0.68	0.39	-0.68	0.06	0.65	-0.48	-0.67	-0.49	-0.8	-0.73	-0.72	-0.7	-0.43	-0.51		-0.63	-0.69	-0.69	0.39	-0.64
Other Assets	0.63	0.67	0.52	-0.34	-0.96	-0.88	0.96	-0.31	0.96	-0.17	-0.57	0.67	0.96	0.74	0.78	0.85	0.89	0.87	0.74	0.8	-0.63		0.91	0.94	-0.7	0.94
Net Invested Capital	0.67	0.53	0.59	-0.3	-0.94	-0.82	0.93	-0.27	0.93	-0.2	-0.63	0.53	0.93	0.58	0.83	0.98	0.77	0.92	0.71	0.73	-0.69	0.91		0.96	-0.54	0.94
Net Working Capital	0.61	0.47	0.54	-0.37	-0.96	-0.86	0.97	-0.34	0.97	-0.18	-0.63	0.47	0.96	0.59	0.76	0.9	0.83	0.85	0.77	0.66	-0.69	0.94	0.96		-0.73	0.91
Inventory	-0.28	-0.16	-0.26	0.35	0.68	0.67	-0.71	0.34	-0.71	0.08	0.33	-0.16	-0.69	-0.39	-0.34	-0.38	-0.72	-0.45	-0.85	-0.17	0.39	-0.7	-0.54	-0.73		-0.59
Capital Stock	0.68	0.71	0.55	-0.29	-0.94	-0.88	0.93	-0.26	0.93	-0.19	-0.58	0.71	0.93	0.75	0.86	0.9	0.86	0.97	0.79	0.76	-0.64	0.94	0.94	0.91	-0.59

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NorthIsle Copper Account Relationship Matchups

NorthIsle Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8M	13.0M	16.6M	16.7M	18.0M	14.1M
Total Current Liabilities	598.9K	162.3K	813.6K	3.1M	1.4M	751.9K
Total Stockholder Equity	10.2M	12.9M	15.8M	13.6M	16.6M	13.3M
Net Debt	(378.9K)	(2.9M)	(5.8M)	(5.9M)	(7.5M)	(7.2M)
Retained Earnings	(13.6M)	(14.8M)	(20.1M)	(26.7M)	(32.1M)	(30.5M)
Cash	378.9K	2.9M	5.8M	5.9M	7.5M	7.9M
Cash And Short Term Investments	378.9K	2.9M	5.9M	5.9M	7.5M	7.9M
Net Receivables	51.3K	60.1K	0.0	22.0K	19.8K	30.4K
Liabilities And Stockholders Equity	10.8M	13.0M	16.6M	16.7M	18.0M	14.1M
Other Stockholder Equity	1.6M	2.3M	3.1M	3.7M	4.3M	4.1M
Total Liab	598.9K	162.3K	813.6K	3.1M	1.4M	751.9K
Total Current Assets	769.9K	3.0M	6.4M	6.5M	7.8M	8.2M
Accumulated Other Comprehensive Income	1.4M	1.6M	1.6M	2.3M	2.7M	1.4M
Other Current Liab	230.0K	482.3K	429.3K	3.1M	1.4M	1.4M
Common Stock Shares Outstanding	118.7M	124.7M	164.4M	190.8M	202.2M	125.5M
Net Tangible Assets	10.2M	12.9M	15.8M	13.6M	15.7M	12.5M
Accounts Payable	116.6K	162.3K	384.3K	599.0K	688.8K	723.3K
Common Stock	22.2M	25.4M	32.8M	36.6M	44.3M	28.4M
Other Current Assets	67.4K	26.0K	471.2K	622.9K	251.4K	194.7K
Net Invested Capital	10.2M	12.9M	15.8M	13.6M	16.6M	14.1M
Net Working Capital	171.0K	2.8M	5.6M	3.4M	6.4M	6.7M
Capital Stock	22.2M	25.4M	32.8M	36.6M	44.3M	33.6M

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