Northern Dynasty Total Debt vs. Cash And Equivalents
| NAK Stock | USD 0.44 0.02 4.35% |
For Northern Dynasty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Dynasty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Dynasty Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Dynasty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Dynasty Minerals over time as well as its relative position and ranking within its peers.
Northern |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Dynasty. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.08) | Return On Equity (0.14) |
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Northern Dynasty Minerals Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Dynasty's current stock value. Our valuation model uses many indicators to compare Northern Dynasty value to that of its competitors to determine the firm's financial worth. Northern Dynasty Minerals is rated below average in total debt category among its peers. It is rated below average in cash and equivalents category among its peers creating about 5.33 of Cash And Equivalents per Total Debt. At this time, Northern Dynasty's Cash And Equivalents is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Northern Dynasty by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Northern Total Debt vs. Competition
Northern Dynasty Minerals is rated below average in total debt category among its peers. Total debt of Materials industry is now estimated at about 816.71 Million. Northern Dynasty adds roughly 2.66 Million in total debt claiming only tiny portion of all equities under Materials industry.
Northern Cash And Equivalents vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Northern Dynasty |
| = | 2.66 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Northern Dynasty |
| = | 14.17 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Northern Cash And Equivalents Comparison
Northern Dynasty is currently under evaluation in cash and equivalents category among its peers.
Northern Dynasty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Dynasty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Dynasty will eventually generate negative long term returns. The profitability progress is the general direction of Northern Dynasty's change in net profit over the period of time. It can combine multiple indicators of Northern Dynasty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 117.3 M | 123.2 M | |
| Operating Income | -22.3 M | -23.5 M | |
| Net Loss | -23.8 M | -25 M | |
| Income Before Tax | -21.1 M | -22.2 M | |
| Total Other Income Expense Net | 1.2 M | 1.2 M | |
| Net Loss | -22 M | -23.1 M | |
| Net Loss | -21 M | -22 M | |
| Income Tax Expense | 110 K | 104.5 K | |
| Interest Income | 312 K | 392.4 K | |
| Net Interest Income | 252 K | 188.4 K | |
| Change To Netincome | 2.4 M | 2.6 M | |
| Net Loss | (0.04) | (0.04) | |
| Income Quality | 1.05 | 0.73 | |
| Net Income Per E B T | 0.99 | 0.63 |
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Dynasty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Dynasty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Dynasty's important profitability drivers and their relationship over time.
Use Northern Dynasty in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Dynasty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Dynasty will appreciate offsetting losses from the drop in the long position's value.Northern Dynasty Pair Trading
Northern Dynasty Minerals Pair Trading Analysis
The ability to find closely correlated positions to Northern Dynasty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Dynasty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Dynasty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Dynasty Minerals to buy it.
The correlation of Northern Dynasty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Dynasty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Dynasty Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Dynasty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Northern Dynasty position
In addition to having Northern Dynasty in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
To fully project Northern Dynasty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Dynasty Minerals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Dynasty's income statement, its balance sheet, and the statement of cash flows.