Nobel29 Net Invested Capital vs Cash Analysis

NBLC Stock

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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 Net Invested Capital and its Cash 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.

Net Invested Capital vs Cash

Net Invested Capital vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nobel29 Resources Corp Net Invested Capital account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Nobel29 Resources' Net Invested Capital and Cash is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash 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' Net Invested Capital and Cash 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 Nobel29 Resources Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., Nobel29 Resources' Net Invested Capital and Cash go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Cash

Cash refers to the most liquid asset of Nobel29 Resources Corp, which is listed under current asset account on Nobel29 Resources Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nobel29 Resources customers. The amounts must be unrestricted with restricted cash listed in a different Nobel29 Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

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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)

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