Nobel29 Free Cash Flow Per Share vs Pocfratio 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 Free Cash Flow Per Share and its Pocfratio 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.
Free Cash Flow Per Share vs Pocfratio
Free Cash Flow Per Share vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nobel29 Resources Corp Free Cash Flow Per Share account and Pocfratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Nobel29 Resources' Free Cash Flow Per Share and Pocfratio is -0.73. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Pocfratio 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' Free Cash Flow Per Share and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Nobel29 Resources Corp are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Free Cash Flow Per Share i.e., Nobel29 Resources' Free Cash Flow Per Share and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Pocfratio
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
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Nobel29 Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) |
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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.