Navarre Property Plant Equipment vs Common Stock Total Equity 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 Property Plant Equipment and its Common Stock Total Equity 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.

Property Plant Equipment vs Common Stock Total Equity

Property Plant Equipment vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navarre Minerals Property Plant Equipment account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Navarre Minerals' Property Plant Equipment and Common Stock Total Equity is 0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock Total Equity 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' Property Plant Equipment and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Navarre Minerals are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant Equipment i.e., Navarre Minerals' Property Plant Equipment and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

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Property Plant Equipment

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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

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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

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