NorthIsle Gross Profit vs Ebitda 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 Gross Profit and its Ebitda 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.
Gross Profit vs Ebitda
Gross Profit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthIsle Copper Gross Profit account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NorthIsle Copper's Gross Profit and Ebitda is -0.22. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda 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 Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of NorthIsle Copper and are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., NorthIsle Copper's Gross Profit and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of NorthIsle Copper and minus its cost of goods sold. It is profit before NorthIsle Copper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Ebitda
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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Additional Tools for NorthIsle Stock Analysis
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.