Northern Payables Turnover from 2010 to 2024

NAK Stock  USD 0.54  0.05  10.20%   
Northern Dynasty Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 0.19 this year. Payables Turnover is a liquidity ratio that shows how quickly Northern Dynasty Minerals pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.17653391
Current Value
0.19
Quarterly Volatility
246.41195984
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northern Dynasty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Dynasty's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 68.2 K or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.75. Northern financial statements analysis is a perfect complement when working with Northern Dynasty Valuation or Volatility modules.
  
Check out the analysis of Northern Dynasty Correlation against competitors.

Latest Northern Dynasty's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Northern Dynasty Minerals over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Northern Dynasty's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Dynasty's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Northern Payables Turnover Regression Statistics

Arithmetic Mean(59.57)
Coefficient Of Variation(413.62)
Mean Deviation118.73
Median0.16
Standard Deviation246.41
Sample Variance60,719
Range972
R-Value0.42
Mean Square Error53,931
R-Squared0.18
Significance0.12
Slope23.07
Total Sum of Squares850,064

Northern Payables Turnover History

2024 0.19
2023 0.18
2022 0.0618
2021 0.0999
2020 0.0845
2019 0.0522
2018 0.0442

About Northern Dynasty Financial Statements

Northern Dynasty investors utilize fundamental indicators, such as Payables Turnover, to predict how Northern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 0.18  0.19 

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When determining whether Northern Dynasty Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northern Dynasty Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Northern Dynasty Minerals Stock:
Check out the analysis of Northern Dynasty Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.