| NAR Stock | | | CAD 0.11 0.02 15.38% |
North Arrow financial indicator trend analysis is infinitely more than just investigating North Arrow Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Arrow Minerals is a good investment. Please check the relationship between North Arrow Net Invested Capital and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Arrow 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 Invested Capital vs Retained Earnings
Net Invested Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
North Arrow Minerals Net Invested Capital account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between North Arrow's Net Invested Capital and Retained Earnings is -0.71. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of North Arrow Minerals, assuming nothing else is changed. The correlation between historical values of North Arrow's Net Invested Capital and Retained Earnings 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 Invested Capital of North Arrow Minerals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., North Arrow's Net Invested Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from North Arrow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Arrow 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Arrow 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 815.2
K in 2025.
Issuance Of Capital Stock is likely to drop to about 1.2
M in 2025
North Arrow fundamental ratios Correlations
Click cells to compare fundamentals
North Arrow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North Arrow fundamental ratios Accounts
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