Navarre Net Debt vs Non Current Assets Total Analysis

NML Stock

0.14 0.01 7.69%

Navarre Minerals financial indicator trend analysis is infinitely more than just investigating Navarre Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navarre Minerals is a good investment. Please check the relationship between Navarre Minerals Net Debt and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navarre 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 board of governors.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navarre Minerals Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Navarre Minerals' Net Debt and Non Current Assets Total is -0.49. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Navarre Minerals, assuming nothing else is changed. The correlation between historical values of Navarre Minerals' Net Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Navarre Minerals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Navarre Minerals' Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

Most indicators from Navarre Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navarre 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 Navarre 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 board of governors.

Selling General Administrative is likely to gain to about 1.4 M in 2024. Tax Provision is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	78.4K	190.8K	19.9K	18.9K
Interest Income	813.0	4.0K	5.3K	5.0K

Reconciled Depreciation Interest Income

Navarre Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Other Assets	Short Term Investments	Short Term Debt	Net Tangible Assets	Other Stockholder Equity	Other Liab
Total Assets		0.97	0.98	0.96	0.74	0.96	0.58	0.57	0.99	-0.56	-0.17	0.99	0.38	0.66	0.76	0.52	0.45	1.0	0.91	0.96	0.55	-0.12	0.1	0.58	-0.68	0.55
Total Current Liabilities	0.97		0.92	0.96	0.6	0.98	0.56	0.57	0.98	-0.43	-0.18	0.98	0.31	0.52	0.74	0.41	0.43	0.98	0.85	0.98	0.57	-0.17	0.12	0.56	-0.66	0.57
Total Stockholder Equity	0.98	0.92		0.9	0.78	0.89	0.65	0.61	0.97	-0.58	-0.25	0.97	0.45	0.71	0.7	0.63	0.53	0.97	0.89	0.9	0.58	-0.09	0.17	0.64	-0.74	0.57
Accounts Payable	0.96	0.96	0.9		0.73	0.99	0.37	0.36	0.94	-0.62	0.07	0.94	0.26	0.66	0.85	0.3	0.22	0.95	0.94	0.99	0.36	-0.09	-0.05	0.37	-0.46	0.35
Cash	0.74	0.6	0.78	0.73		0.63	0.24	0.15	0.68	-0.92	0.16	0.68	0.28	0.93	0.65	0.38	0.11	0.68	0.88	0.63	0.1	-0.1	-0.16	0.23	-0.33	0.08
Total Liab	0.96	0.98	0.89	0.99	0.63		0.43	0.45	0.96	-0.51	-0.02	0.96	0.24	0.56	0.79	0.3	0.3	0.96	0.89	1.0	0.45	-0.15	0.01	0.44	-0.53	0.45
Common Stock	0.58	0.56	0.65	0.37	0.24	0.43		0.99	0.63	0.04	-0.88	0.63	0.54	0.14	0.15	0.86	0.99	0.62	0.29	0.44	0.97	-0.19	0.44	1.0	-0.98	0.97
Property Plant Equipment	0.57	0.57	0.61	0.36	0.15	0.45	0.99		0.63	0.12	-0.89	0.63	0.49	0.05	0.14	0.79	0.98	0.62	0.24	0.45	1.0	-0.24	0.43	0.99	-0.96	0.99
Property Plant And Equipment Net	0.99	0.98	0.97	0.94	0.68	0.96	0.63	0.63		-0.49	-0.24	1.0	0.38	0.6	0.72	0.53	0.51	1.0	0.87	0.96	0.61	-0.15	0.14	0.63	-0.72	0.61
Net Debt	-0.56	-0.43	-0.58	-0.62	-0.92	-0.51	0.04	0.12	-0.49		-0.42	-0.49	-0.18	-0.94	-0.57	-0.12	0.17	-0.49	-0.83	-0.51	0.16	0.07	0.34	0.04	0.05	0.18
Retained Earnings	-0.17	-0.18	-0.25	0.07	0.16	-0.02	-0.88	-0.89	-0.24	-0.42		-0.24	-0.43	0.24	0.23	-0.72	-0.94	-0.23	0.17	-0.02	-0.89	0.17	-0.55	-0.88	0.83	-0.89
Non Current Assets Total	0.99	0.98	0.97	0.94	0.68	0.96	0.63	0.63	1.0	-0.49	-0.24		0.38	0.59	0.72	0.53	0.51	1.0	0.87	0.96	0.61	-0.15	0.14	0.63	-0.72	0.61
Non Currrent Assets Other	0.38	0.31	0.45	0.26	0.28	0.24	0.54	0.49	0.38	-0.18	-0.43	0.38		0.38	0.34	0.69	0.55	0.37	0.33	0.23	0.46	0.38	0.4	0.54	-0.57	0.45
Cash And Short Term Investments	0.66	0.52	0.71	0.66	0.93	0.56	0.14	0.05	0.6	-0.94	0.24	0.59	0.38		0.55	0.36	0.03	0.6	0.88	0.57	-0.01	0.07	-0.05	0.13	-0.25	-0.02
Net Receivables	0.76	0.74	0.7	0.85	0.65	0.79	0.15	0.14	0.72	-0.57	0.23	0.72	0.34	0.55		0.1	0.02	0.73	0.8	0.79	0.14	-0.06	-0.17	0.15	-0.23	0.13
Common Stock Total Equity	0.52	0.41	0.63	0.3	0.38	0.3	0.86	0.79	0.53	-0.12	-0.72	0.53	0.69	0.36	0.1		0.87	0.52	0.34	0.31	0.74	0.19	0.48	0.84	-0.85	0.73
Common Stock Shares Outstanding	0.45	0.43	0.53	0.22	0.11	0.3	0.99	0.98	0.51	0.17	-0.94	0.51	0.55	0.03	0.02	0.87		0.5	0.14	0.3	0.96	-0.12	0.49	0.98	-0.95	0.96
Property Plant And Equipment Gross	1.0	0.98	0.97	0.95	0.68	0.96	0.62	0.62	1.0	-0.49	-0.23	1.0	0.37	0.6	0.73	0.52	0.5		0.87	0.97	0.61	-0.15	0.13	0.62	-0.71	0.6
Total Current Assets	0.91	0.85	0.89	0.94	0.88	0.89	0.29	0.24	0.87	-0.83	0.17	0.87	0.33	0.88	0.8	0.34	0.14	0.87		0.89	0.22	-0.04	-0.06	0.29	-0.4	0.21
Other Current Liab	0.96	0.98	0.9	0.99	0.63	1.0	0.44	0.45	0.96	-0.51	-0.02	0.96	0.23	0.57	0.79	0.31	0.3	0.97	0.89		0.45	-0.16	0.01	0.44	-0.53	0.45
Other Assets	0.55	0.57	0.58	0.36	0.1	0.45	0.97	1.0	0.61	0.16	-0.89	0.61	0.46	-0.01	0.14	0.74	0.96	0.61	0.22	0.45		-0.26	0.4	0.98	-0.95	1.0
Short Term Investments	-0.12	-0.17	-0.09	-0.09	-0.1	-0.15	-0.19	-0.24	-0.15	0.07	0.17	-0.15	0.38	0.07	-0.06	0.19	-0.12	-0.15	-0.04	-0.16	-0.26		0.31	-0.22	0.2	-0.27
Short Term Debt	0.1	0.12	0.17	-0.05	-0.16	0.01	0.44	0.43	0.14	0.34	-0.55	0.14	0.4	-0.05	-0.17	0.48	0.49	0.13	-0.06	0.01	0.4	0.31		0.43	-0.49	0.42
Net Tangible Assets	0.58	0.56	0.64	0.37	0.23	0.44	1.0	0.99	0.63	0.04	-0.88	0.63	0.54	0.13	0.15	0.84	0.98	0.62	0.29	0.44	0.98	-0.22	0.43		-0.98	0.98
Other Stockholder Equity	-0.68	-0.66	-0.74	-0.46	-0.33	-0.53	-0.98	-0.96	-0.72	0.05	0.83	-0.72	-0.57	-0.25	-0.23	-0.85	-0.95	-0.71	-0.4	-0.53	-0.95	0.2	-0.49	-0.98		-0.94
Other Liab	0.55	0.57	0.57	0.35	0.08	0.45	0.97	0.99	0.61	0.18	-0.89	0.61	0.45	-0.02	0.13	0.73	0.96	0.6	0.21	0.45	1.0	-0.27	0.42	0.98	-0.94

Click cells to compare fundamentals

Navarre Minerals Account Relationship Matchups

Navarre Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.2M	41.9M	159.3M	33.7M	33.6M	23.6M
Total Current Liabilities	541.4K	1.4M	20.4M	5.3M	2.4M	2.2M
Total Stockholder Equity	20.7M	40.4M	93.0M	28.4M	31.2M	18.5M
Accounts Payable	429.7K	1.2M	7.5M	302.4K	162.7K	154.6K
Cash	2.6M	14.1M	12.8M	77.9K	506.5K	481.1K
Total Liab	543.7K	1.4M	66.2M	5.4M	2.4M	2.3M
Common Stock	29.6M	51.8M	108.1M	108.2M	124.4M	130.6M
Property Plant Equipment	11.0M	15.3M	26.4M	123.6M	142.1M	149.2M
Property Plant And Equipment Net	15.3M	26.4M	123.6M	32.4M	32.7M	20.6M
Net Debt	(2.6M)	(14.0M)	(11.4M)	3.9M	1.2M	1.3M
Retained Earnings	(9.6M)	(12.3M)	(15.2M)	(82.1M)	(79.4M)	(75.4M)
Non Current Assets Total	15.4M	26.6M	125.9M	33.3M	32.8M	20.9M
Cash And Short Term Investments	5.6M	14.2M	12.8M	258.7K	674.4K	640.7K
Net Receivables	180.8K	683.5K	2.3M	5.5K	61.7K	58.6K
Common Stock Shares Outstanding	464.7M	548.2M	1.1B	1.5B	1.7B	1.8B
Liabilities And Stockholders Equity	21.2M	41.9M	159.3M	33.7M	33.6M	26.8M
Property Plant And Equipment Gross	15.3M	26.7M	131.5M	32.8M	32.7M	21.2M
Total Current Assets	5.8M	15.3M	33.3M	416.9K	736.1K	699.3K
Other Current Liab	111.7K	437.3K	12.9M	1.1M	512.3K	486.7K
Accumulated Other Comprehensive Income	672.7K	907.6K	210.1K	2.3M	2.4M	2.5M
Other Assets	120K	0.0	110K	1.4M	1.6M	1.7M
Short Term Investments	3.0M	80K	20K	180.8K	168.0K	159.6K
Net Tangible Assets	17.0M	20.7M	40.4M	93.0M	107.0M	112.3M
Other Stockholder Equity	(16.5M)	(20.0M)	(39.5M)	(92.8M)	(83.5M)	(79.4M)
Non Current Liabilities Total	2.4K	90.8K	45.8M	37.9K	24.9K	23.7K
Other Current Assets	237.6K	473.3K	3.0M	152.7K	175.6K	166.8K
Net Invested Capital	20.7M	40.4M	93.4M	32.3M	32.8M	34.7M
Net Working Capital	5.2M	14.0M	12.9M	(4.9M)	(1.6M)	(1.6M)
Capital Stock	29.6M	51.8M	108.1M	108.2M	124.4M	79.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Navarre Stock Analysis

When running Navarre Minerals' price analysis, check to measure Navarre Minerals' 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 Navarre Minerals is operating at the current time. Most of Navarre Minerals' value examination focuses on studying past and present price action to predict the probability of Navarre Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navarre Minerals' price. Additionally, you may evaluate how the addition of Navarre Minerals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC