NorthIsle Price To Sales Ratio vs Roe 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 Price To Sales Ratio and its Roe 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 Roe
Price To Sales Ratio vs Roe 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 Roe. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NorthIsle Copper's Price To Sales Ratio and Roe is 0.11. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe 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 Roe 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 Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., NorthIsle Copper's Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Roe
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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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.