NorthIsle Non Current Assets Total vs Total Current Liabilities Analysis
NCX Stock | CAD 0.41 0.01 2.38% |
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 Non Current Assets Total and its Total Current Liabilities 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.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthIsle Copper Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NorthIsle Copper's Non Current Assets Total and Total Current Liabilities is -0.19. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of NorthIsle Copper and are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., NorthIsle Copper's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on NorthIsle Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NorthIsle Copper and 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.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
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NorthIsle Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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