Northern Star Total Debt vs. Return On Equity
| NST Stock | 16.44 0.31 1.85% |
For Northern Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Star Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Star Resources over time as well as its relative position and ranking within its peers.
Northern |
Northern Star Resources Return On Equity vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Star's current stock value. Our valuation model uses many indicators to compare Northern Star value to that of its competitors to determine the firm's financial worth. Northern Star Resources is rated top company in total debt category among its peers. It is regarded third in return on equity category among its peers . The ratio of Total Debt to Return On Equity for Northern Star Resources is about 18,190,798,376 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Star's earnings, one of the primary drivers of an investment's value.Northern Total Debt vs. Competition
Northern Star Resources is rated top company in total debt category among its peers. Total debt of Materials industry is now estimated at about 1.74 Billion. Northern Star totals roughly 1.34 Billion in total debt claiming about 77% of all equities under Materials industry.
Northern Return On Equity 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 Star |
| = | 1.34 B |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Northern Star |
| = | 0.0739 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Northern Return On Equity Comparison
Northern Star is currently under evaluation in return on equity category among its peers.
Northern Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Star will eventually generate negative long term returns. The profitability progress is the general direction of Northern Star's change in net profit over the period of time. It can combine multiple indicators of Northern Star, 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 | 102.2 M | 107.3 M | |
| Operating Income | 1 B | 1.1 B | |
| Income Before Tax | 927.4 M | 973.8 M | |
| Total Other Income Expense Net | -102.9 M | -97.8 M | |
| Net Income | 638.5 M | 670.4 M | |
| Income Tax Expense | 288.9 M | 303.3 M | |
| Net Income Applicable To Common Shares | 673 M | 706.6 M | |
| Net Income From Continuing Ops | 638.5 M | 413.2 M | |
| Net Interest Income | -60 M | -57 M | |
| Interest Income | 54.3 M | 57 M | |
| Change To Netincome | -385.6 M | -366.3 M |
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Star. 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 Star 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 Star's important profitability drivers and their relationship over time.
Use Northern Star 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 Star 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 Star will appreciate offsetting losses from the drop in the long position's value.Northern Star Pair Trading
Northern Star Resources Pair Trading Analysis
The ability to find closely correlated positions to Northern Star 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 Star 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 Star - 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 Star Resources to buy it.
The correlation of Northern Star 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 Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Star 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 Northern Star 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 Star position
In addition to having Northern Star 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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Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Care ETFs Theme or any other thematic opportunities.
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Additional Tools for Northern Stock Analysis
When running Northern Star's price analysis, check to measure Northern Star'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 Northern Star is operating at the current time. Most of Northern Star's value examination focuses on studying past and present price action to predict the probability of Northern Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Star's price. Additionally, you may evaluate how the addition of Northern Star to your portfolios can decrease your overall portfolio volatility.