Nobel29 Cash Per Share vs Free Cash Flow Yield Analysis

NBLC Stock

CAD 0.04 0.00 0.00%

Nobel29 Resources financial indicator trend analysis is infinitely more than just investigating Nobel29 Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nobel29 Resources Corp is a good investment. Please check the relationship between Nobel29 Resources Cash Per Share and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nobel29 Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash Per Share vs Free Cash Flow Yield

Cash Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nobel29 Resources Corp Cash Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Nobel29 Resources' Cash Per Share and Free Cash Flow Yield is -0.3. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Nobel29 Resources Corp, assuming nothing else is changed. The correlation between historical values of Nobel29 Resources' Cash Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Nobel29 Resources Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Per Share i.e., Nobel29 Resources' Cash Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Per Share

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Nobel29 Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nobel29 Resources Corp 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 Nobel29 Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Selling General Administrative is likely to climb to about 1.9 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop (1.47) in 2025.

Nobel29 Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Net Tangible Assets	Accounts Payable	Net Receivables	Other Stockholder Equity	Common Stock	Property Plant Equipment	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		0.15	0.94	0.96	-0.37	1.0	0.96	0.46	0.48	0.94	0.98	0.61	0.94	0.62	-0.6	0.62	0.56	0.62	-0.62	-0.11	-0.11
Total Current Liabilities	0.15		-0.21	-0.09	-0.93	0.13	-0.09	0.9	0.88	-0.21	0.03	0.83	-0.21	0.81	-0.86	0.81	0.9	0.81	-0.84	-0.98	-0.98
Total Stockholder Equity	0.94	-0.21		0.98	-0.03	0.94	0.98	0.14	0.15	1.0	0.96	0.3	1.0	0.31	-0.29	0.31	0.24	0.31	-0.31	0.24	0.24
Property Plant And Equipment Net	0.96	-0.09	0.98		-0.12	0.97	1.0	0.25	0.25	0.98	0.98	0.39	0.98	0.4	-0.38	0.4	0.34	0.4	-0.4	0.15	0.15
Retained Earnings	-0.37	-0.93	-0.03	-0.12		-0.35	-0.12	-0.91	-0.96	-0.03	-0.23	-0.94	-0.03	-0.93	0.95	-0.93	-0.95	-0.93	0.95	0.96	0.96
Cash	1.0	0.13	0.94	0.97	-0.35		0.97	0.45	0.46	0.94	0.98	0.59	0.94	0.6	-0.59	0.6	0.55	0.6	-0.61	-0.09	-0.09
Non Current Assets Total	0.96	-0.09	0.98	1.0	-0.12	0.97		0.25	0.25	0.98	0.98	0.39	0.98	0.4	-0.38	0.4	0.34	0.4	-0.4	0.15	0.15
Common Stock Shares Outstanding	0.46	0.9	0.14	0.25	-0.91	0.45	0.25		0.95	0.14	0.35	0.95	0.14	0.94	-0.95	0.94	0.95	0.94	-0.94	-0.86	-0.86
Total Liab	0.48	0.88	0.15	0.25	-0.96	0.46	0.25	0.95		0.15	0.36	0.99	0.15	0.98	-0.98	0.99	0.95	0.99	-0.98	-0.88	-0.88
Net Invested Capital	0.94	-0.21	1.0	0.98	-0.03	0.94	0.98	0.14	0.15		0.96	0.3	1.0	0.31	-0.29	0.31	0.24	0.31	-0.31	0.24	0.24
Total Current Assets	0.98	0.03	0.96	0.98	-0.23	0.98	0.98	0.35	0.36	0.96		0.5	0.96	0.5	-0.49	0.5	0.45	0.5	-0.51	0.02	0.02
Capital Stock	0.61	0.83	0.3	0.39	-0.94	0.59	0.39	0.95	0.99	0.3	0.5		0.3	1.0	-1.0	1.0	0.97	1.0	-1.0	-0.83	-0.83
Net Working Capital	0.94	-0.21	1.0	0.98	-0.03	0.94	0.98	0.14	0.15	1.0	0.96	0.3		0.31	-0.29	0.31	0.24	0.31	-0.31	0.24	0.24
Net Tangible Assets	0.62	0.81	0.31	0.4	-0.93	0.6	0.4	0.94	0.98	0.31	0.5	1.0	0.31		-0.99	1.0	0.95	1.0	-0.99	-0.81	-0.81
Accounts Payable	-0.6	-0.86	-0.29	-0.38	0.95	-0.59	-0.38	-0.95	-0.98	-0.29	-0.49	-1.0	-0.29	-0.99		-0.99	-0.99	-0.99	1.0	0.85	0.85
Net Receivables	0.62	0.81	0.31	0.4	-0.93	0.6	0.4	0.94	0.99	0.31	0.5	1.0	0.31	1.0	-0.99		0.95	1.0	-0.99	-0.81	-0.81
Other Stockholder Equity	0.56	0.9	0.24	0.34	-0.95	0.55	0.34	0.95	0.95	0.24	0.45	0.97	0.24	0.95	-0.99	0.95		0.95	-0.98	-0.87	-0.87
Common Stock	0.62	0.81	0.31	0.4	-0.93	0.6	0.4	0.94	0.99	0.31	0.5	1.0	0.31	1.0	-0.99	1.0	0.95		-0.99	-0.81	-0.81
Property Plant Equipment	-0.62	-0.84	-0.31	-0.4	0.95	-0.61	-0.4	-0.94	-0.98	-0.31	-0.51	-1.0	-0.31	-0.99	1.0	-0.99	-0.98	-0.99		0.83	0.83
Capital Lease Obligations	-0.11	-0.98	0.24	0.15	0.96	-0.09	0.15	-0.86	-0.88	0.24	0.02	-0.83	0.24	-0.81	0.85	-0.81	-0.87	-0.81	0.83		1.0
Property Plant And Equipment Gross	-0.11	-0.98	0.24	0.15	0.96	-0.09	0.15	-0.86	-0.88	0.24	0.02	-0.83	0.24	-0.81	0.85	-0.81	-0.87	-0.81	0.83	1.0

Click cells to compare fundamentals

Nobel29 Resources Account Relationship Matchups

Nobel29 Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	22.9K	4.3M	1.2M	447.4K	514.6K	488.8K
Total Current Liabilities	234.0K	173.9K	817.6K	949.1K	1.1M	1.1M
Total Stockholder Equity	(57.9K)	3.7M	334.4K	(501.7K)	(451.5K)	(429.0K)
Retained Earnings	(1.3M)	(10.5M)	(19.5M)	(19.6M)	(17.7M)	(16.8M)
Cash	8.2K	4.1M	841.1K	415.0K	477.3K	453.4K
Total Liab	80.8K	657.8K	817.6K	949.1K	1.1M	566.0K
Net Invested Capital	(57.9K)	3.7M	334.4K	(501.7K)	(451.5K)	(429.0K)
Total Current Assets	1.1M	7.8M	1.2M	447.4K	514.6K	488.8K
Net Working Capital	(57.9K)	3.7M	334.4K	(501.7K)	(451.5K)	(429.0K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Nobel29 Stock Analysis

When running Nobel29 Resources' price analysis, check to measure Nobel29 Resources' 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 Nobel29 Resources is operating at the current time. Most of Nobel29 Resources' value examination focuses on studying past and present price action to predict the probability of Nobel29 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel29 Resources' price. Additionally, you may evaluate how the addition of Nobel29 Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC