Northstar Intangible Assets vs Long Term Investments Analysis
ROOF Stock | 0.29 0.01 3.57% |
Northstar Clean financial indicator trend analysis is infinitely more than just investigating Northstar Clean Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northstar Clean Tech is a good investment. Please check the relationship between Northstar Clean Intangible Assets and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Intangible Assets vs Long Term Investments
Intangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northstar Clean Tech Intangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Northstar Clean's Intangible Assets and Long Term Investments is -0.86. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Northstar Clean Technologies, assuming nothing else is changed. The correlation between historical values of Northstar Clean's Intangible Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Northstar Clean Technologies are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Intangible Assets i.e., Northstar Clean's Intangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Investments
Long Term Investments is an item on the asset side of Northstar Clean balance sheet that represents investments Northstar Clean Tech intends to hold for over a year. Northstar Clean Technologies long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Northstar Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northstar Clean Tech 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to drop to about (274.9 K) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 462.0K | 1.1M | 1.1M | 820.0K | Total Operating Expenses | 6.8M | 8.1M | 6.6M | 7.7M |
Northstar Clean fundamental ratios Correlations
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Northstar Clean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Northstar Stock Analysis
When running Northstar Clean's price analysis, check to measure Northstar Clean'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 Northstar Clean is operating at the current time. Most of Northstar Clean's value examination focuses on studying past and present price action to predict the probability of Northstar Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northstar Clean's price. Additionally, you may evaluate how the addition of Northstar Clean to your portfolios can decrease your overall portfolio volatility.