NorthIsle Price To Sales Ratio vs Pb Ratio 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 Price To Sales Ratio and its Pb Ratio 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.

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthIsle Copper Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NorthIsle Copper's Price To Sales Ratio and Pb Ratio is 0.48. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio 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 Price To Sales Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of NorthIsle Copper and are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., NorthIsle Copper's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing NorthIsle Copper stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NorthIsle Copper sales, a figure that is much harder to manipulate than other NorthIsle Copper and multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Pb Ratio

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

0.470.970.47-0.77-0.290.750.50.750.01-0.40.470.750.530.470.640.490.640.440.59-0.360.630.670.61-0.280.68
0.470.26-0.22-0.61-0.650.59-0.190.59-0.14-0.481.00.620.940.740.560.690.740.260.87-0.480.670.530.47-0.160.71
0.970.260.58-0.68-0.150.660.60.660.05-0.310.260.660.330.320.560.360.50.410.42-0.270.520.590.54-0.260.55
0.47-0.220.580.180.68-0.21.0-0.20.20.3-0.22-0.2-0.22-0.44-0.3-0.4-0.32-0.27-0.210.41-0.34-0.3-0.370.35-0.29
-0.77-0.61-0.680.180.81-1.00.15-1.00.120.63-0.61-1.0-0.72-0.78-0.88-0.85-0.88-0.74-0.740.68-0.96-0.94-0.960.68-0.94
-0.29-0.65-0.150.680.81-0.810.66-0.810.260.63-0.65-0.81-0.71-0.87-0.79-0.88-0.87-0.73-0.650.72-0.88-0.82-0.860.67-0.88
0.750.590.66-0.2-1.0-0.81-0.171.0-0.12-0.620.591.00.720.760.860.860.860.750.72-0.680.960.930.97-0.710.93
0.5-0.190.61.00.150.66-0.17-0.170.20.27-0.19-0.17-0.19-0.41-0.27-0.37-0.28-0.26-0.180.39-0.31-0.27-0.340.34-0.26
0.750.590.66-0.2-1.0-0.811.0-0.17-0.12-0.620.591.00.720.760.860.860.860.740.73-0.680.960.930.97-0.710.93
0.01-0.140.050.20.120.26-0.120.2-0.120.19-0.14-0.12-0.12-0.31-0.22-0.11-0.23-0.11-0.180.06-0.17-0.2-0.180.08-0.19
-0.4-0.48-0.310.30.630.63-0.620.27-0.620.19-0.48-0.64-0.5-0.74-0.66-0.64-0.64-0.35-0.50.65-0.57-0.63-0.630.33-0.58
0.471.00.26-0.22-0.61-0.650.59-0.190.59-0.14-0.480.620.940.740.560.690.740.260.87-0.480.670.530.47-0.160.71
0.750.620.66-0.2-1.0-0.811.0-0.171.0-0.12-0.640.620.730.770.870.860.870.730.75-0.670.960.930.96-0.690.93
0.530.940.33-0.22-0.72-0.710.72-0.190.72-0.12-0.50.940.730.70.560.730.730.40.81-0.490.740.580.59-0.390.75
0.470.740.32-0.44-0.78-0.870.76-0.410.76-0.31-0.740.740.770.70.880.770.940.540.76-0.80.780.830.76-0.340.86
0.640.560.56-0.3-0.88-0.790.86-0.270.86-0.22-0.660.560.870.560.880.70.930.580.77-0.730.850.980.9-0.380.9
0.490.690.36-0.4-0.85-0.880.86-0.370.86-0.11-0.640.690.860.730.770.70.810.740.64-0.720.890.770.83-0.720.86
0.640.740.5-0.32-0.88-0.870.86-0.280.86-0.23-0.640.740.870.730.940.930.810.710.77-0.70.870.920.85-0.450.97
0.440.260.41-0.27-0.74-0.730.75-0.260.74-0.11-0.350.260.730.40.540.580.740.710.24-0.430.740.710.77-0.850.79
0.590.870.42-0.21-0.74-0.650.72-0.180.73-0.18-0.50.870.750.810.760.770.640.770.24-0.510.80.730.66-0.170.76
-0.36-0.48-0.270.410.680.72-0.680.39-0.680.060.65-0.48-0.67-0.49-0.8-0.73-0.72-0.7-0.43-0.51-0.63-0.69-0.690.39-0.64
0.630.670.52-0.34-0.96-0.880.96-0.310.96-0.17-0.570.670.960.740.780.850.890.870.740.8-0.630.910.94-0.70.94
0.670.530.59-0.3-0.94-0.820.93-0.270.93-0.2-0.630.530.930.580.830.980.770.920.710.73-0.690.910.96-0.540.94
0.610.470.54-0.37-0.96-0.860.97-0.340.97-0.18-0.630.470.960.590.760.90.830.850.770.66-0.690.940.96-0.730.91
-0.28-0.16-0.260.350.680.67-0.710.34-0.710.080.33-0.16-0.69-0.39-0.34-0.38-0.72-0.45-0.85-0.170.39-0.7-0.54-0.73-0.59
0.680.710.55-0.29-0.94-0.880.93-0.260.93-0.19-0.580.710.930.750.860.90.860.970.790.76-0.640.940.940.91-0.59
Click cells to compare fundamentals

NorthIsle Copper Account Relationship Matchups

NorthIsle Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8M13.0M16.6M16.7M18.0M14.1M
Total Current Liabilities598.9K162.3K813.6K3.1M1.4M751.9K
Total Stockholder Equity10.2M12.9M15.8M13.6M16.6M13.3M
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)
Cash378.9K2.9M5.8M5.9M7.5M7.9M
Cash And Short Term Investments378.9K2.9M5.9M5.9M7.5M7.9M
Net Receivables51.3K60.1K0.022.0K19.8K30.4K
Liabilities And Stockholders Equity10.8M13.0M16.6M16.7M18.0M14.1M
Other Stockholder Equity1.6M2.3M3.1M3.7M4.3M4.1M
Total Liab598.9K162.3K813.6K3.1M1.4M751.9K
Total Current Assets769.9K3.0M6.4M6.5M7.8M8.2M
Accumulated Other Comprehensive Income1.4M1.6M1.6M2.3M2.7M1.4M
Other Current Liab230.0K482.3K429.3K3.1M1.4M1.4M
Common Stock Shares Outstanding118.7M124.7M164.4M190.8M202.2M125.5M
Net Tangible Assets10.2M12.9M15.8M13.6M15.7M12.5M
Accounts Payable116.6K162.3K384.3K599.0K688.8K723.3K
Common Stock22.2M25.4M32.8M36.6M44.3M28.4M
Other Current Assets67.4K26.0K471.2K622.9K251.4K194.7K
Net Invested Capital10.2M12.9M15.8M13.6M16.6M14.1M
Net Working Capital171.0K2.8M5.6M3.4M6.4M6.7M
Capital Stock22.2M25.4M32.8M36.6M44.3M33.6M

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Additional Tools for NorthIsle Stock Analysis

When running NorthIsle Copper's price analysis, check to measure NorthIsle Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NorthIsle Copper is operating at the current time. Most of NorthIsle Copper's value examination focuses on studying past and present price action to predict the probability of NorthIsle Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthIsle Copper's price. Additionally, you may evaluate how the addition of NorthIsle Copper to your portfolios can decrease your overall portfolio volatility.