Northcliff Resources Current Valuation vs. Cash And Equivalents

NCF Stock  CAD 0.02  0.01  20.00%   
Based on Northcliff Resources' profitability indicators, Northcliff Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Northcliff Resources' ability to earn profits and add value for shareholders. At this time, Northcliff Resources' Capex To Depreciation is very stable compared to the past year. As of the 25th of December 2024, Payables Turnover is likely to grow to 0.92, while PTB Ratio is likely to drop 0.28.
For Northcliff Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northcliff Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northcliff Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northcliff Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northcliff Resources over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Northcliff Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northcliff Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northcliff Resources' 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.

Northcliff Resources Cash And Equivalents vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Northcliff Resources's current stock value. Our valuation model uses many indicators to compare Northcliff Resources value to that of its competitors to determine the firm's financial worth.
Northcliff Resources is regarded third in current valuation category among its peers. It is regarded second in cash and equivalents category among its peers creating about  0.09  of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for Northcliff Resources is roughly  11.46 . At this time, Northcliff Resources' Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Northcliff Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northcliff Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Northcliff Current Valuation vs. Competition

Northcliff Resources is regarded third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 115.41 Million. Northcliff Resources retains roughly 15.24 Million in current valuation claiming about 13% of all equities under Materials industry.

Northcliff Cash And Equivalents vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Northcliff Resources

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
15.24 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.

Northcliff Resources

Cash

 = 

Bank Deposits

+

Liquidities

 = 
1.33 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).

Northcliff Cash And Equivalents Comparison

Northcliff Resources is currently under evaluation in cash and equivalents category among its peers.

Northcliff Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Northcliff Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northcliff Resources will eventually generate negative long term returns. The profitability progress is the general direction of Northcliff Resources' change in net profit over the period of time. It can combine multiple indicators of Northcliff Resources, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income5.2 M3.8 M
Operating Income-2.6 M-2.7 M
Income Before Tax-3.2 M-3.4 M
Total Other Income Expense Net-456.9 K-434.1 K
Net Loss-3.2 M-3.4 M
Income Tax Expense-116.8 K-110.9 K
Net Loss-3.2 M-3.4 M
Net Loss-2.2 M-2.3 M
Interest Income207 K217.3 K
Net Interest Income-455.4 K-432.6 K
Change To Netincome333.4 K350 K
Net Loss(0.01)(0.01)
Income Quality 1.23  1.29 
Net Income Per E B T 0.86  0.78 

Northcliff Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Northcliff Resources. 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 Northcliff Resources 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 Northcliff Resources' important profitability drivers and their relationship over time.

Use Northcliff Resources 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 Northcliff Resources 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 Northcliff Resources will appreciate offsetting losses from the drop in the long position's value.

Northcliff Resources Pair Trading

Northcliff Resources Pair Trading Analysis

The ability to find closely correlated positions to Northcliff Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northcliff Resources 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 Northcliff Resources - 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 Northcliff Resources to buy it.
The correlation of Northcliff Resources 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 Northcliff Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northcliff Resources 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 Northcliff Resources 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.
Pair CorrelationCorrelation Matching

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Other Information on Investing in Northcliff Stock

To fully project Northcliff Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northcliff Resources 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 Northcliff Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Northcliff Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Northcliff Resources investors may work on each financial statement separately, they are all related. The changes in Northcliff Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northcliff Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.