Nobel29 Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nobel29 Resources Corp Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Nobel29 Resources' Property Plant And Equipment Net and Total Current Liabilities is -0.09. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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' Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Nobel29 Resources Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Nobel29 Resources' Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Nobel29 Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nobel29 Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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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