NorthIsle Cost Of Revenue vs Net Income Analysis
NCX Stock | CAD 0.44 0.03 7.32% |
NorthIsle Copper financial indicator trend analysis is infinitely more than just investigating NorthIsle Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthIsle Copper is a good investment. Please check the relationship between NorthIsle Copper Cost Of Revenue and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthIsle Copper and. 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.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthIsle Copper Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NorthIsle Copper's Cost Of Revenue and Net Income is 0.12. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of NorthIsle Copper and, assuming nothing else is changed. The correlation between historical values of NorthIsle Copper's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of NorthIsle Copper and are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., NorthIsle Copper's Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on NorthIsle Copper income statement and represents the costs associated with goods and services NorthIsle Copper provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in NorthIsle Copper financial statement analysis. It represents the amount of money remaining after all of NorthIsle Copper and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from NorthIsle Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthIsle Copper 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 NorthIsle Copper and. 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 1.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 5.1 M in 2024
NorthIsle Copper fundamental ratios Correlations
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NorthIsle Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NorthIsle Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.8M | 13.0M | 16.6M | 16.7M | 18.0M | 14.1M | |
Total Current Liabilities | 598.9K | 162.3K | 813.6K | 3.1M | 1.4M | 751.9K | |
Total Stockholder Equity | 10.2M | 12.9M | 15.8M | 13.6M | 16.6M | 13.3M | |
Net Debt | (378.9K) | (2.9M) | (5.8M) | (5.9M) | (7.5M) | (7.2M) | |
Retained Earnings | (13.6M) | (14.8M) | (20.1M) | (26.7M) | (32.1M) | (30.5M) | |
Cash | 378.9K | 2.9M | 5.8M | 5.9M | 7.5M | 7.9M | |
Cash And Short Term Investments | 378.9K | 2.9M | 5.9M | 5.9M | 7.5M | 7.9M | |
Net Receivables | 51.3K | 60.1K | 0.0 | 22.0K | 19.8K | 30.4K | |
Liabilities And Stockholders Equity | 10.8M | 13.0M | 16.6M | 16.7M | 18.0M | 14.1M | |
Other Stockholder Equity | 1.6M | 2.3M | 3.1M | 3.7M | 4.3M | 4.1M | |
Total Liab | 598.9K | 162.3K | 813.6K | 3.1M | 1.4M | 751.9K | |
Total Current Assets | 769.9K | 3.0M | 6.4M | 6.5M | 7.8M | 8.2M | |
Accumulated Other Comprehensive Income | 1.4M | 1.6M | 1.6M | 2.3M | 2.7M | 1.4M | |
Other Current Liab | 230.0K | 482.3K | 429.3K | 3.1M | 1.4M | 1.4M | |
Common Stock Shares Outstanding | 118.7M | 124.7M | 164.4M | 190.8M | 202.2M | 125.5M | |
Net Tangible Assets | 10.2M | 12.9M | 15.8M | 13.6M | 15.7M | 12.5M | |
Accounts Payable | 116.6K | 162.3K | 384.3K | 599.0K | 688.8K | 723.3K | |
Common Stock | 22.2M | 25.4M | 32.8M | 36.6M | 44.3M | 28.4M | |
Other Current Assets | 67.4K | 26.0K | 471.2K | 622.9K | 251.4K | 194.7K | |
Net Invested Capital | 10.2M | 12.9M | 15.8M | 13.6M | 16.6M | 14.1M | |
Net Working Capital | 171.0K | 2.8M | 5.6M | 3.4M | 6.4M | 6.7M | |
Capital Stock | 22.2M | 25.4M | 32.8M | 36.6M | 44.3M | 33.6M |
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When running NorthIsle Copper's price analysis, check to measure NorthIsle Copper's 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 NorthIsle Copper is operating at the current time. Most of NorthIsle Copper's value examination focuses on studying past and present price action to predict the probability of NorthIsle Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthIsle Copper's price. Additionally, you may evaluate how the addition of NorthIsle Copper to your portfolios can decrease your overall portfolio volatility.