North Total Assets vs Net Invested Capital Analysis

NSRS Stock

USD 0.0001 0.00 0.00%

North Springs financial indicator trend analysis is infinitely more than just investigating North Springs Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Springs Resources is a good investment. Please check the relationship between North Springs Total Assets and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Springs Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Springs Resources Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between North Springs' Total Assets and Net Invested Capital is 0.26. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of North Springs Resources, assuming nothing else is changed. The correlation between historical values of North Springs' Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of North Springs Resources are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., North Springs' Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of North Springs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in North Springs Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from North Springs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Springs Resources 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 North Springs Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Enterprise Value is likely to gain to about 1.8 M in 2024, whereas Selling General Administrative is likely to drop 8,522 in 2024.

North Springs fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net
Total Assets		-0.63	0.79	0.22	0.8	0.71	-0.62	-0.36	0.13	0.13	0.23	0.88	0.41	0.56	0.83	0.38	0.88	-0.97	1.0	0.55	0.26	0.26	0.26	0.26
Total Current Liabilities	-0.63		-0.86	0.6	-0.86	-0.9	1.0	-0.42	0.58	0.58	0.6	-0.51	0.39	0.22	-0.34	0.34	-0.43	0.79	-0.63	-0.59	-0.29	-0.12	-0.28	-0.12
Total Stockholder Equity	0.79	-0.86		-0.32	1.0	0.98	-0.85	0.16	-0.38	-0.38	-0.32	0.49	-0.15	0.06	0.51	-0.25	0.49	-0.87	0.8	0.48	0.29	0.17	0.29	0.17
Other Liab	0.22	0.6	-0.32		-0.32	-0.45	0.61	-0.92	0.87	0.87	1.0	0.32	0.95	0.89	0.48	0.86	0.43	0.02	0.21	-0.11	-0.06	0.14	-0.06	0.14
Net Tangible Assets	0.8	-0.86	1.0	-0.32		0.98	-0.86	0.16	-0.38	-0.38	-0.32	0.5	-0.15	0.06	0.51	-0.25	0.5	-0.88	0.8	0.48	0.29	0.17	0.29	0.17
Retained Earnings	0.71	-0.9	0.98	-0.45	0.98		-0.9	0.32	-0.53	-0.53	-0.45	0.44	-0.27	-0.09	0.39	-0.36	0.4	-0.82	0.72	0.51	0.31	0.21	0.3	0.21
Accounts Payable	-0.62	1.0	-0.85	0.61	-0.86	-0.9		-0.42	0.58	0.58	0.6	-0.51	0.39	0.22	-0.34	0.34	-0.43	0.79	-0.63	-0.59	-0.29	-0.12	-0.28	-0.12
Cash	-0.36	-0.42	0.16	-0.92	0.16	0.32	-0.42		-0.91	-0.91	-0.92	-0.39	-0.89	-0.95	-0.66	-0.82	-0.57	0.15	-0.34	0.11	0.07	0.0	0.07	0.0
Non Current Assets Total	0.13	0.58	-0.38	0.87	-0.38	-0.53	0.58	-0.91		1.0	0.87	0.22	0.77	0.77	0.35	0.83	0.39	0.08	0.12	-0.36	0.01	-0.32	0.02	-0.32
Non Currrent Assets Other	0.13	0.58	-0.38	0.87	-0.38	-0.53	0.58	-0.91	1.0		0.87	0.22	0.77	0.77	0.35	0.83	0.39	0.08	0.12	-0.36	0.01	-0.32	0.02	-0.32
Other Assets	0.23	0.6	-0.32	1.0	-0.32	-0.45	0.6	-0.92	0.87	0.87		0.32	0.95	0.89	0.49	0.86	0.43	0.01	0.21	-0.1	-0.06	0.14	-0.06	0.14
Long Term Debt	0.88	-0.51	0.49	0.32	0.5	0.44	-0.51	-0.39	0.22	0.22	0.32		0.53	0.6	0.78	0.62	0.95	-0.83	0.87	0.62	0.31	0.28	0.3	0.28
Non Current Liabilities Total	0.41	0.39	-0.15	0.95	-0.15	-0.27	0.39	-0.89	0.77	0.77	0.95	0.53		0.92	0.62	0.89	0.59	-0.19	0.4	0.2	0.08	0.28	0.07	0.28
Other Current Assets	0.56	0.22	0.06	0.89	0.06	-0.09	0.22	-0.95	0.77	0.77	0.89	0.6	0.92		0.81	0.83	0.74	-0.36	0.55	0.1	0.06	0.16	0.06	0.16
Other Stockholder Equity	0.83	-0.34	0.51	0.48	0.51	0.39	-0.34	-0.66	0.35	0.35	0.49	0.78	0.62	0.81		0.52	0.89	-0.74	0.82	0.46	0.06	0.34	0.06	0.34
Total Liab	0.38	0.34	-0.25	0.86	-0.25	-0.36	0.34	-0.82	0.83	0.83	0.86	0.62	0.89	0.83	0.52		0.66	-0.19	0.37	0.05	0.1	0.03	0.1	0.03
Total Current Assets	0.88	-0.43	0.49	0.43	0.5	0.4	-0.43	-0.57	0.39	0.39	0.43	0.95	0.59	0.74	0.89	0.66		-0.81	0.88	0.45	0.31	0.12	0.31	0.12
Common Stock	-0.97	0.79	-0.87	0.02	-0.88	-0.82	0.79	0.15	0.08	0.08	0.01	-0.83	-0.19	-0.36	-0.74	-0.19	-0.81		-0.97	-0.62	-0.24	-0.26	-0.24	-0.26
Property Plant Equipment	1.0	-0.63	0.8	0.21	0.8	0.72	-0.63	-0.34	0.12	0.12	0.21	0.87	0.4	0.55	0.82	0.37	0.88	-0.97		0.56	0.26	0.26	0.26	0.26
Net Debt	0.55	-0.59	0.48	-0.11	0.48	0.51	-0.59	0.11	-0.36	-0.36	-0.1	0.62	0.2	0.1	0.46	0.05	0.45	-0.62	0.56		0.23	0.67	0.22	0.67
Net Invested Capital	0.26	-0.29	0.29	-0.06	0.29	0.31	-0.29	0.07	0.01	0.01	-0.06	0.31	0.08	0.06	0.06	0.1	0.31	-0.24	0.26	0.23		-0.38	1.0	-0.38
Capital Stock	0.26	-0.12	0.17	0.14	0.17	0.21	-0.12	0.0	-0.32	-0.32	0.14	0.28	0.28	0.16	0.34	0.03	0.12	-0.26	0.26	0.67	-0.38		-0.39	1.0
Net Working Capital	0.26	-0.28	0.29	-0.06	0.29	0.3	-0.28	0.07	0.02	0.02	-0.06	0.3	0.07	0.06	0.06	0.1	0.31	-0.24	0.26	0.22	1.0	-0.39		-0.39
Property Plant And Equipment Net	0.26	-0.12	0.17	0.14	0.17	0.21	-0.12	0.0	-0.32	-0.32	0.14	0.28	0.28	0.16	0.34	0.03	0.12	-0.26	0.26	0.67	-0.38	1.0	-0.39

Click cells to compare fundamentals

North Springs Account Relationship Matchups

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 North Stock Analysis

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

North Total Assets vs Net Invested Capital Analysis

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Assets

Net Invested Capital

North Springs fundamental ratios Correlations

North Springs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for North Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Net Working Capital	+ 1.0	Net Invested Capital

Property Plant Equipment	- 0.97	Common Stock
Common Stock	- 0.97	Total Assets
Other Current Assets	- 0.95	Cash
Other Assets	- 0.92	Cash
Cash	- 0.92	Other Liab
Non Currrent Assets Other	- 0.91	Cash