Great Net Income vs Stock Based Compensation Analysis
GNM Stock | 0.01 0 7.14% |
Great Northern financial indicator trend analysis is much more than just examining Great Northern Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Northern Minerals is a good investment. Please check the relationship between Great Northern Net Income and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Northern Minerals. 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.
Net Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Northern Minerals Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have no relationship.
The correlation between Great Northern's Net Income and Stock Based Compensation is 0.03. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Great Northern Minerals, assuming nothing else is changed. The correlation between historical values of Great Northern's Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Great Northern Minerals are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Great Northern's Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Great Northern Minerals financial statement analysis. It represents the amount of money remaining after all of Great Northern Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Great Northern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Northern Minerals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Northern Minerals. 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. Selling General Administrative is likely to drop to about 776.3 K in 2024. Issuance Of Capital Stock is likely to drop to 1,900 in 2024
Great Northern fundamental ratios Correlations
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Great Northern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Northern fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6M | 3.9M | 6.2M | 4.7M | 3.7M | 4.3M | |
Other Current Liab | 204.0K | 29.7K | 4.4M | 37.5K | 40.8K | 38.7K | |
Total Current Liabilities | 720.7K | 151.2K | 4.6M | 145.6K | 112.5K | 106.9K | |
Total Stockholder Equity | 4.0M | 4.7M | 638.2K | 3.6M | 2.5M | 3.9M | |
Property Plant And Equipment Net | 200.3K | 160.5K | 118.7K | 3.4M | 3.4M | 2.0M | |
Net Debt | (2.4M) | (1.8M) | (2.7M) | (1.2M) | (230.2K) | (241.7K) | |
Retained Earnings | (76.2M) | (79.5M) | (86.4M) | (84.9M) | (86.1M) | (90.4M) | |
Accounts Payable | 489.4K | 91.3K | 120.0K | 96.5K | 71.7K | 68.2K | |
Cash | 2.5M | 1.9M | 2.7M | 1.2M | 230.2K | 218.7K | |
Non Current Assets Total | 762.4K | 1.7M | 3.4M | 3.4M | 3.4M | 3.1M | |
Cash And Short Term Investments | 2.5M | 1.9M | 2.7M | 1.2M | 230.2K | 218.7K | |
Net Receivables | 259.4K | 174.3K | 71.4K | 69.5K | 101.8K | 112.5K | |
Common Stock Shares Outstanding | 24.0M | 63.5M | 97.3M | 118.3M | 154.6M | 162.4M | |
Liabilities And Stockholders Equity | 3.6M | 3.9M | 6.2M | 4.7M | 3.7M | 4.3M | |
Total Liab | 796.0K | 425.7K | 6.8M | 2.4M | 2.3M | 2.4M | |
Property Plant And Equipment Gross | 762.4K | 1.7M | 3.4M | 3.5M | 3.5M | 2.3M | |
Total Current Assets | 2.8M | 2.3M | 2.8M | 1.3M | 356.2K | 338.4K | |
Accumulated Other Comprehensive Income | 349.2K | 295.1K | 702.5K | 954.3K | 957.2K | 909.4K | |
Common Stock | 79.8M | 83.5M | 86.3M | 87.6M | 87.6M | 78.2M | |
Non Current Liabilities Total | 75.2K | 274.4K | 2.2M | 2.2M | 2.6M | 2.7M | |
Non Currrent Assets Other | 562.1K | 1.5M | 3.2M | (3.4M) | 3.3M | 3.5M | |
Other Current Assets | 20.3K | 198.8K | 29.1K | 28.1K | 24.2K | 23.0K | |
Current Deferred Revenue | 54.0K | (30.3K) | (33.3K) | (11.7K) | (13.4K) | (14.1K) | |
Property Plant Equipment | 762.4K | 1.7M | 3.4M | 3.4M | 3.9M | 4.1M | |
Net Tangible Assets | 4.0M | 4.7M | 638.2K | 3.6M | 4.1M | 3.1M | |
Other Stockholder Equity | 349.2K | (3.7M) | (4.0M) | 702.5K | (2.6M) | 0.95 | |
Cash And Equivalents | 2.5M | 1.9M | 2.7M | 1.2M | 1.1M | 1.6M | |
Net Invested Capital | 4.0M | 4.7M | 638.2K | 3.6M | 2.5M | 2.5M | |
Net Working Capital | 2.1M | 2.1M | (1.7M) | 1.2M | 243.7K | 231.5K | |
Capital Stock | 79.8M | 83.5M | 86.3M | 87.6M | 87.6M | 91.7M |
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