North Springs Retained Earnings vs. Working Capital

NSRS Stock  USD 0.0001  0.00  0.00%   
Based on North Springs' profitability indicators, North Springs Resources may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess North Springs' ability to earn profits and add value for shareholders.
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
-1.4 M
Current Value
-1.5 M
Quarterly Volatility
626.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, North Springs' Effective Tax Rate is comparatively stable compared to the past year. Price Cash Flow Ratio is likely to gain to 329.01 in 2024, whereas Book Value Per Share is likely to drop (0) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.00930.0098
Notably Down
Slightly volatile
For North Springs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North Springs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North Springs Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North Springs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North Springs Resources over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Precious Metals & Minerals 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 North Springs. If investors know North 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 North Springs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.15)
Return On Equity
(1.98)
The market value of North Springs Resources is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North Springs' value that differs from its market value or its book value, called intrinsic value, which is North Springs' 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 North Springs' market value can be influenced by many factors that don't directly affect North Springs' 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 North Springs' value and its price as these two are different measures arrived at by different means. Investors typically determine if North Springs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North Springs' 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.

North Springs Resources Working Capital vs. Retained Earnings Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining North Springs's current stock value. Our valuation model uses many indicators to compare North Springs value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15GSACQEBRNSRS -800K-600K-400K-200K0 -90M-80M-70M-60M-50M-40M-30M-20M-10M0
North Springs Resources is considered to be number one stock in retained earnings category among its peers. It also is considered to be number one stock in working capital category among its peers . At this time, North Springs' Retained Earnings are comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value North Springs 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.

North Working Capital vs. Retained Earnings

Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

North Springs

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

 = 
(1.6 M)
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

North Springs

Working Capital

 = 

Current Assets

-

Current Liabilities

 = 
(827.97 K)
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

North Working Capital Comparison

100%
North Springs is currently under evaluation in working capital category among its peers.

North Springs Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in North Springs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North Springs will eventually generate negative long term returns. The profitability progress is the general direction of North Springs' change in net profit over the period of time. It can combine multiple indicators of North Springs, 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
Operating Income-7 K-7.4 K
Net Loss-7 K-7.4 K
Income Before Tax-7 K-7.4 K
Total Other Income Expense Net-990 K-1 M
Net Loss-7 K-7.4 K
Net Loss-7 K-7.4 K
Net Interest Income-5.4 K-5.7 K
Change To Netincome5.4 K4.8 K
Income Quality(2.62)(2.48)
Net Income Per E B T 1.14  1.02 

North Profitability Driver Comparison

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

Use North Springs 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 North Springs 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 North Springs will appreciate offsetting losses from the drop in the long position's value.

North Springs Pair Trading

North Springs Resources Pair Trading Analysis

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

Use Investing Themes to Complement your North Springs position

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Israel Wall Street Theme
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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.