Norwest Net Debt vs Cash Analysis

NWM Stock

0.02 0 5.56%

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

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norwest Minerals Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Norwest Minerals' Net Debt and Cash is -0.8. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Norwest Minerals, assuming nothing else is changed. The correlation between historical values of Norwest Minerals' Net Debt and Cash 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 Norwest Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Norwest Minerals' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

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.

Cash

Cash refers to the most liquid asset of Norwest Minerals, which is listed under current asset account on Norwest Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Norwest Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Norwest Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

Issuance Of Capital Stock is likely to gain to about 3.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 268.7 K in 2024.

Norwest Minerals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		-0.16	-0.5	0.41	1.0	0.58	0.67	0.59	0.67	-0.98	-0.47	-0.79	0.96	-0.66	0.33	0.84	0.93	-0.69	-0.44	0.42	0.41	0.92	0.89	-0.8	0.92	-0.68
Short Long Term Debt Total	-0.16		0.77	0.29	-0.17	-0.66	0.04	-0.8	-0.66	0.34	0.51	0.71	-0.41	0.69	-0.79	-0.52	-0.1	0.24	-0.32	-0.68	0.29	-0.18	-0.42	0.69	-0.25	0.65
Other Current Liab	-0.5	0.77		0.32	-0.52	-0.86	-0.01	-0.72	-0.55	0.65	0.65	0.88	-0.7	0.59	-0.83	-0.56	-0.26	0.22	-0.18	-0.59	0.32	-0.34	-0.51	0.88	-0.4	0.54
Total Current Liabilities	0.41	0.29	0.32		0.38	-0.34	0.28	-0.12	0.1	-0.33	0.33	-0.05	0.28	-0.06	-0.27	0.3	0.54	-0.17	-0.59	-0.13	1.0	0.4	0.29	-0.06	0.37	-0.12
Total Stockholder Equity	1.0	-0.17	-0.52	0.38		0.6	0.67	0.6	0.67	-0.98	-0.49	-0.8	0.97	-0.67	0.34	0.84	0.92	-0.69	-0.42	0.43	0.38	0.92	0.89	-0.81	0.92	-0.68
Net Tangible Assets	0.58	-0.66	-0.86	-0.34	0.6		0.33	0.83	0.73	-0.71	-0.49	-0.84	0.73	-0.77	0.71	0.67	0.42	-0.47	-0.11	0.7	-0.34	0.56	0.7	-0.84	0.61	-0.73
Property Plant And Equipment Net	0.67	0.04	-0.01	0.28	0.67	0.33		0.54	0.66	-0.59	-0.33	-0.34	0.57	-0.64	0.12	0.6	0.84	-0.91	-0.42	0.21	0.28	0.87	0.78	-0.36	0.84	-0.67
Current Deferred Revenue	0.59	-0.8	-0.72	-0.12	0.6	0.83	0.54		0.96	-0.7	-0.62	-0.85	0.73	-0.97	0.73	0.83	0.6	-0.71	-0.06	0.79	-0.12	0.7	0.84	-0.85	0.74	-0.95
Net Debt	0.67	-0.66	-0.55	0.1	0.67	0.73	0.66	0.96		-0.74	-0.51	-0.8	0.76	-1.0	0.55	0.92	0.74	-0.79	-0.24	0.8	0.1	0.82	0.93	-0.81	0.86	-1.0
Retained Earnings	-0.98	0.34	0.65	-0.33	-0.98	-0.71	-0.59	-0.7	-0.74		0.51	0.89	-0.99	0.74	-0.49	-0.89	-0.88	0.63	0.42	-0.55	-0.33	-0.89	-0.91	0.9	-0.91	0.75
Accounts Payable	-0.47	0.51	0.65	0.33	-0.49	-0.49	-0.33	-0.62	-0.51	0.51		0.65	-0.57	0.52	-0.58	-0.53	-0.4	0.47	-0.39	-0.42	0.33	-0.43	-0.5	0.64	-0.43	0.49
Cash	-0.79	0.71	0.88	-0.05	-0.8	-0.84	-0.34	-0.85	-0.8	0.89	0.65		-0.92	0.82	-0.72	-0.87	-0.65	0.51	0.12	-0.73	-0.05	-0.7	-0.83	1.0	-0.74	0.81
Non Current Assets Total	0.96	-0.41	-0.7	0.28	0.97	0.73	0.57	0.73	0.76	-0.99	-0.57	-0.92		-0.77	0.52	0.9	0.86	-0.65	-0.33	0.58	0.28	0.88	0.91	-0.93	0.89	-0.77
Cash And Short Term Investments	-0.66	0.69	0.59	-0.06	-0.67	-0.77	-0.64	-0.97	-1.0	0.74	0.52	0.82	-0.77		-0.58	-0.91	-0.72	0.78	0.22	-0.81	-0.06	-0.8	-0.92	0.82	-0.84	1.0
Net Receivables	0.33	-0.79	-0.83	-0.27	0.34	0.71	0.12	0.73	0.55	-0.49	-0.58	-0.72	0.52	-0.58		0.43	0.2	-0.21	0.08	0.41	-0.27	0.26	0.44	-0.72	0.32	-0.54
Common Stock Total Equity	0.84	-0.52	-0.56	0.3	0.84	0.67	0.6	0.83	0.92	-0.89	-0.53	-0.87	0.9	-0.91	0.43		0.85	-0.71	-0.35	0.81	0.3	0.88	0.95	-0.88	0.91	-0.92
Common Stock Shares Outstanding	0.93	-0.1	-0.26	0.54	0.92	0.42	0.84	0.6	0.74	-0.88	-0.4	-0.65	0.86	-0.72	0.2	0.85		-0.82	-0.5	0.41	0.54	0.98	0.93	-0.66	0.97	-0.75
Non Current Liabilities Total	-0.69	0.24	0.22	-0.17	-0.69	-0.47	-0.91	-0.71	-0.79	0.63	0.47	0.51	-0.65	0.78	-0.21	-0.71	-0.82		0.14	-0.38	-0.17	-0.87	-0.85	0.52	-0.86	0.79
Inventory	-0.44	-0.32	-0.18	-0.59	-0.42	-0.11	-0.42	-0.06	-0.24	0.42	-0.39	0.12	-0.33	0.22	0.08	-0.35	-0.5	0.14		-0.15	-0.59	-0.48	-0.4	0.14	-0.49	0.27
Other Current Assets	0.42	-0.68	-0.59	-0.13	0.43	0.7	0.21	0.79	0.8	-0.55	-0.42	-0.73	0.58	-0.81	0.41	0.81	0.41	-0.38	-0.15		-0.13	0.5	0.66	-0.73	0.56	-0.79
Total Liab	0.41	0.29	0.32	1.0	0.38	-0.34	0.28	-0.12	0.1	-0.33	0.33	-0.05	0.28	-0.06	-0.27	0.3	0.54	-0.17	-0.59	-0.13		0.4	0.29	-0.06	0.37	-0.12
Net Invested Capital	0.92	-0.18	-0.34	0.4	0.92	0.56	0.87	0.7	0.82	-0.89	-0.43	-0.7	0.88	-0.8	0.26	0.88	0.98	-0.87	-0.48	0.5	0.4		0.97	-0.71	1.0	-0.83
Property Plant And Equipment Gross	0.89	-0.42	-0.51	0.29	0.89	0.7	0.78	0.84	0.93	-0.91	-0.5	-0.83	0.91	-0.92	0.44	0.95	0.93	-0.85	-0.4	0.66	0.29	0.97		-0.83	0.98	-0.93
Total Current Assets	-0.8	0.69	0.88	-0.06	-0.81	-0.84	-0.36	-0.85	-0.81	0.9	0.64	1.0	-0.93	0.82	-0.72	-0.88	-0.66	0.52	0.14	-0.73	-0.06	-0.71	-0.83		-0.75	0.81
Capital Stock	0.92	-0.25	-0.4	0.37	0.92	0.61	0.84	0.74	0.86	-0.91	-0.43	-0.74	0.89	-0.84	0.32	0.91	0.97	-0.86	-0.49	0.56	0.37	1.0	0.98	-0.75		-0.86
Net Working Capital	-0.68	0.65	0.54	-0.12	-0.68	-0.73	-0.67	-0.95	-1.0	0.75	0.49	0.81	-0.77	1.0	-0.54	-0.92	-0.75	0.79	0.27	-0.79	-0.12	-0.83	-0.93	0.81	-0.86

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Norwest Minerals Account Relationship Matchups

Norwest Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.2M	12.3M	13.3M	16.7M	19.9M	21.7M
Other Current Liab	7.9K	49.2K	56.1K	41.1K	187.2K	500K
Total Current Liabilities	450.1K	460.2K	794.4K	499.3K	659.5K	994.2K
Total Stockholder Equity	9.8M	11.8M	12.5M	16.2M	19.2M	20.8M
Net Tangible Assets	11.8M	12.5M	16.2M	19.2M	3.9M	3.7M
Property Plant And Equipment Net	38.5K	7.7K	15.0M	18.8M	21.4M	22.5M
Net Debt	(1.5M)	(1.1M)	(1.6M)	(1.0M)	130.3K	136.8K
Retained Earnings	(2.2M)	(3.5M)	(5.2M)	(6.6M)	(7.9M)	(9.0M)
Accounts Payable	433.4K	430.5K	745.2K	443.2K	618.4K	432.0K
Cash	3.3M	1.5M	1.1M	1.6M	1.0M	244.7K
Non Current Assets Total	6.7M	10.5M	12.0M	15.0M	18.8M	21.4M
Cash And Short Term Investments	1.5M	1.1M	1.6M	1.0M	244.7K	232.5K
Net Receivables	226.2K	56.8K	156.4K	143.2K	69.9K	82.4K
Common Stock Shares Outstanding	86.5M	112.1M	171.6M	221.7M	317.4M	163.7M
Liabilities And Stockholders Equity	12.3M	13.3M	16.7M	19.9M	21.7M	16.5M
Other Current Assets	203.7K	156.4K	143.2K	69.9K	82.4K	104.3K
Total Liab	450.1K	460.2K	794.4K	499.3K	659.5K	994.2K
Net Invested Capital	11.8M	12.5M	16.2M	19.2M	21.1M	15.8M
Property Plant And Equipment Gross	10.5M	12.0M	15.0M	18.8M	21.4M	13.9M
Total Current Assets	3.6M	1.8M	1.2M	1.7M	1.1M	327.1K
Accumulated Other Comprehensive Income	607.2K	898.9K	1.4M	1.7M	1.8M	1.1M
Capital Stock	14.7M	16.7M	21.4M	25.5M	27.9M	20.3M
Cash And Equivalents	1.5M	1.1M	1.6M	1.0M	912.3K	1.1M
Net Working Capital	1.3M	453.0K	1.2M	424.1K	(667.1K)	(633.8K)
Common Stock	14.7M	16.7M	21.4M	25.5M	27.9M	4.0M
Property Plant Equipment	10.5M	12.0M	15.0M	18.8M	4.0M	3.8M
Non Currrent Assets Other	10.5M	12.0M	(15.0M)	(18.8M)	21.4M	4.0M
Other Stockholder Equity	(11.2M)	(11.6M)	(14.8M)	(17.5M)	1.0	1.05

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