North End Period Cash Flow vs Net Income Analysis

FFN Stock

CAD 7.52 0.06 0.79%

North American financial indicator trend analysis is infinitely more than just investigating North American Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North American Financial is a good investment. Please check the relationship between North American End Period Cash Flow and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in North American Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

End Period Cash Flow vs Net Income

End Period Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North American Financial End Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between North American's End Period Cash Flow and Net Income is -0.11. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of North American Financial, assuming nothing else is changed. The correlation between historical values of North American's End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of North American Financial are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., North American's End Period Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

End Period Cash Flow

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in North American Financial financial statement analysis. It represents the amount of money remaining after all of North American Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from North American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North American Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in North American Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, North American's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value is likely to grow to about 683.7 M, while Issuance Of Capital Stock is likely to drop about 48.4 M.

North American fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Common Stock Total Equity	Other Liab	Net Tangible Assets	Other Assets	Long Term Debt	Short Term Investments	Short Long Term Debt
Total Assets		-0.56	0.94	0.96	0.95	-0.04	0.58	0.9	1.0	-0.97	0.75	0.78	0.97	0.77	-0.6	0.87	0.74	0.86	0.94	0.6	-0.62	0.99	0.8	0.99	1.0	0.64
Other Current Liab	-0.56		-0.61	-0.65	-0.51	0.15	-0.87	-0.75	-0.55	0.63	-0.21	-0.12	-0.43	-0.07	0.13	-0.37	-0.09	-0.72	-0.32	-0.29	0.05	-0.55	-0.47	-0.5	-0.56	-0.39
Total Current Liabilities	0.94	-0.61		0.88	0.88	-0.22	0.66	0.85	0.94	-0.9	0.8	0.78	0.92	0.71	-0.45	0.9	0.79	0.83	0.88	0.56	-0.62	0.97	0.64	0.95	0.96	0.56
Total Stockholder Equity	0.96	-0.65	0.88		0.85	0.1	0.68	0.93	0.96	-0.97	0.6	0.61	0.87	0.63	-0.51	0.76	0.59	0.91	0.87	0.54	-0.49	0.94	0.73	0.92	0.95	0.65
Net Debt	0.95	-0.51	0.88	0.85		-0.1	0.43	0.83	0.95	-0.9	0.79	0.83	0.97	0.83	-0.66	0.84	0.74	0.76	0.85	0.58	-0.66	0.94	0.88	0.97	0.95	0.52
Retained Earnings	-0.04	0.15	-0.22	0.1	-0.1		-0.3	-0.07	-0.04	0.04	-0.05	-0.02	-0.07	-0.12	0.32	-0.05	-0.06	-0.1	-0.12	-0.24	0.0	-0.1	-0.1	-0.09	-0.1	-0.18
Accounts Payable	0.58	-0.87	0.66	0.68	0.43	-0.3		0.79	0.57	-0.67	0.12	0.06	0.43	0.05	-0.25	0.41	0.1	0.82	0.48	0.3	0.03	0.58	0.34	0.52	0.59	0.54
Cash	0.9	-0.75	0.85	0.93	0.83	-0.07	0.79		0.89	-0.93	0.46	0.48	0.82	0.48	-0.55	0.71	0.43	0.92	0.79	0.43	-0.37	0.87	0.74	0.87	0.9	0.59
Non Current Assets Total	1.0	-0.55	0.94	0.96	0.95	-0.04	0.57	0.89		-0.97	0.76	0.79	0.97	0.78	-0.6	0.87	0.75	0.85	0.94	0.61	-0.63	0.99	0.79	0.99	1.0	0.64
Non Currrent Assets Other	-0.97	0.63	-0.9	-0.97	-0.9	0.04	-0.67	-0.93	-0.97		-0.64	-0.66	-0.91	-0.68	0.62	-0.8	-0.64	-0.92	-0.91	-0.58	0.42	-0.96	-0.78	-0.95	-0.97	-0.7
Cash And Short Term Investments	0.75	-0.21	0.8	0.6	0.79	-0.05	0.12	0.46	0.76	-0.64		0.97	0.83	0.85	-0.27	0.84	0.97	0.44	0.71	0.56	-0.77	0.79	0.52	0.8	0.76	0.34
Net Receivables	0.78	-0.12	0.78	0.61	0.83	-0.02	0.06	0.48	0.79	-0.66	0.97		0.88	0.9	-0.39	0.86	0.95	0.45	0.76	0.51	-0.79	0.81	0.6	0.84	0.79	0.34
Common Stock Shares Outstanding	0.97	-0.43	0.92	0.87	0.97	-0.07	0.43	0.82	0.97	-0.91	0.83	0.88		0.83	-0.61	0.92	0.83	0.75	0.93	0.59	-0.7	0.97	0.8	0.99	0.97	0.57
Non Current Liabilities Total	0.77	-0.07	0.71	0.63	0.83	-0.12	0.05	0.48	0.78	-0.68	0.85	0.9	0.83		-0.61	0.67	0.86	0.49	0.78	0.57	-0.73	0.8	0.71	0.81	0.78	0.48
Other Stockholder Equity	-0.6	0.13	-0.45	-0.51	-0.66	0.32	-0.25	-0.55	-0.6	0.62	-0.27	-0.39	-0.61	-0.61		-0.38	-0.33	-0.51	-0.68	-0.46	0.26	-0.57	-0.75	-0.62	-0.6	-0.61
Total Liab	0.87	-0.37	0.9	0.76	0.84	-0.05	0.41	0.71	0.87	-0.8	0.84	0.86	0.92	0.67	-0.38		0.85	0.65	0.86	0.51	-0.67	0.87	0.53	0.9	0.88	0.39
Total Current Assets	0.74	-0.09	0.79	0.59	0.74	-0.06	0.1	0.43	0.75	-0.64	0.97	0.95	0.83	0.86	-0.33	0.85		0.43	0.78	0.58	-0.76	0.78	0.45	0.79	0.76	0.4
Common Stock	0.86	-0.72	0.83	0.91	0.76	-0.1	0.82	0.92	0.85	-0.92	0.44	0.45	0.75	0.49	-0.51	0.65	0.43		0.77	0.5	-0.21	0.85	0.66	0.82	0.86	0.68
Short Long Term Debt Total	0.94	-0.32	0.88	0.87	0.85	-0.12	0.48	0.79	0.94	-0.91	0.71	0.76	0.93	0.78	-0.68	0.86	0.78	0.77		0.62	-0.6	0.93	0.68	0.94	0.94	0.68
Common Stock Total Equity	0.6	-0.29	0.56	0.54	0.58	-0.24	0.3	0.43	0.61	-0.58	0.56	0.51	0.59	0.57	-0.46	0.51	0.58	0.5	0.62		-0.38	0.59	0.51	0.6	0.6	0.7
Other Liab	-0.62	0.05	-0.62	-0.49	-0.66	0.0	0.03	-0.37	-0.63	0.42	-0.77	-0.79	-0.7	-0.73	0.26	-0.67	-0.76	-0.21	-0.6	-0.38		-0.64	-0.47	-0.66	-0.63	-0.1
Net Tangible Assets	0.99	-0.55	0.97	0.94	0.94	-0.1	0.58	0.87	0.99	-0.96	0.79	0.81	0.97	0.8	-0.57	0.87	0.78	0.85	0.93	0.59	-0.64		0.77	0.99	1.0	0.62
Other Assets	0.8	-0.47	0.64	0.73	0.88	-0.1	0.34	0.74	0.79	-0.78	0.52	0.6	0.8	0.71	-0.75	0.53	0.45	0.66	0.68	0.51	-0.47	0.77		0.8	0.79	0.62
Long Term Debt	0.99	-0.5	0.95	0.92	0.97	-0.09	0.52	0.87	0.99	-0.95	0.8	0.84	0.99	0.81	-0.62	0.9	0.79	0.82	0.94	0.6	-0.66	0.99	0.8		0.99	0.61
Short Term Investments	1.0	-0.56	0.96	0.95	0.95	-0.1	0.59	0.9	1.0	-0.97	0.76	0.79	0.97	0.78	-0.6	0.88	0.76	0.86	0.94	0.6	-0.63	1.0	0.79	0.99		0.64
Short Long Term Debt	0.64	-0.39	0.56	0.65	0.52	-0.18	0.54	0.59	0.64	-0.7	0.34	0.34	0.57	0.48	-0.61	0.39	0.4	0.68	0.68	0.7	-0.1	0.62	0.62	0.61	0.64

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North American Account Relationship Matchups

North American fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	232.7M	595.7M	812.4M	726.8M	835.8M	877.6M
Other Current Liab	(960.2K)	(6.8M)	(10.8M)	(3.9M)	(3.5M)	(3.3M)
Total Current Liabilities	960.2K	6.8M	10.8M	9.9M	11.4M	11.9M
Total Stockholder Equity	64.9M	231.5M	276.1M	200.5M	230.6M	242.2M
Net Debt	142.9M	299.5M	432.2M	475.6M	546.9M	574.3M
Accounts Payable	960.2K	6.8M	10.8M	3.9M	4.5M	2.9M
Cash	22.6M	57.6M	90.6M	44.7M	51.4M	54.0M
Non Current Assets Total	209.7M	537.4M	720.2M	662.3M	761.7M	799.8M
Non Currrent Assets Other	(209.7M)	(537.4M)	(720.2M)	(662.3M)	(596.1M)	(566.3M)
Cash And Short Term Investments	22.6M	57.6M	90.6M	707.0M	813.1M	853.7M
Net Receivables	339.3K	697.0K	1.6M	19.8M	22.7M	23.9M
Common Stock Shares Outstanding	16.6M	25.7M	49.5M	54.3M	62.5M	65.6M
Liabilities And Stockholders Equity	232.7M	595.7M	812.4M	726.8M	835.8M	877.6M
Non Current Liabilities Total	165.5M	357.1M	10.8M	520.3M	598.3M	628.2M
Total Liab	960.2K	6.8M	536.3M	526.2M	605.2M	635.4M
Total Current Assets	22.9M	58.3M	92.2M	726.8M	835.8M	877.6M
Common Stock	64.9M	231.5M	276.1M	200.5M	230.6M	137.3M
Short Long Term Debt Total	165.5M	357.1M	522.8M	520.3M	598.3M	628.2M
Net Tangible Assets	119.1M	64.9M	231.5M	276.1M	317.5M	333.4M
Short Term Investments	209.7M	537.4M	720.2M	662.3M	761.7M	799.8M
Short Term Debt	165.5M	357.1M	522.8M	520.3M	598.3M	628.2M
Long Term Investments	209.7M	537.4M	720.2M	662.3M	761.7M	429.8M
Current Deferred Revenue	(164.6M)	(350.3M)	(512.0M)	(516.4M)	(464.7M)	(488.0M)

Pair Trading with North American

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 American 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 American will appreciate offsetting losses from the drop in the long position's value.

Moving against North Stock

0.79	AEMC	Alaska Energy Metals	Pair Corr
0.79	EOG	Eco Atlantic Oil	Pair Corr
0.78	CMC	Cielo Waste Solutions	Pair Corr

The ability to find closely correlated positions to North American 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 American 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 American - 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 American Financial to buy it.

The correlation of North American 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 American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Financial 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 American 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 Correlation Correlation Matching

Other Information on Investing in North Stock

Balance Sheet is a snapshot of the financial position of North American Financial at a specified time, usually calculated after every quarter, six months, or one year. North American Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North American and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which North currently owns. An asset can also be divided into two categories, current and non-current.

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North End Period Cash Flow vs Net Income Analysis

End Period Cash Flow vs Net Income

End Period Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

End Period Cash Flow

Net Income

North American fundamental ratios Correlations

North American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

North American fundamental ratios Accounts

Pair Trading with North American

Moving against North Stock

Other Information on Investing in North Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Non Current Assets Total
Short Term Investments	+ 1.0	Net Tangible Assets
Net Tangible Assets	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Total Assets

Short Term Investments	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.97	Non Current Assets Total
Non Currrent Assets Other	- 0.97	Total Stockholder Equity
Non Currrent Assets Other	- 0.97	Total Assets
Net Tangible Assets	- 0.96	Non Currrent Assets Other
Long Term Debt	- 0.95	Non Currrent Assets Other