Nevada Interest Income vs Other Operating Expenses Analysis

NEV Stock

CAD 0.01 0.01 25.00%

Nevada Sunrise financial indicator trend analysis is infinitely more than just investigating Nevada Sunrise Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nevada Sunrise Gold is a good investment. Please check the relationship between Nevada Sunrise Interest Income and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevada Sunrise Gold. 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.

Interest Income vs Other Operating Expenses

Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nevada Sunrise Gold Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nevada Sunrise's Interest Income and Other Operating Expenses is 0.42. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Nevada Sunrise Gold, assuming nothing else is changed. The correlation between historical values of Nevada Sunrise's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Nevada Sunrise Gold are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Nevada Sunrise's Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nevada Sunrise Gold. It is also known as Nevada Sunrise overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Nevada Sunrise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nevada Sunrise Gold 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 Nevada Sunrise Gold. 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.

At this time, Nevada Sunrise's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 762.5 K in 2025, whereas Enterprise Value Over EBITDA is likely to drop (3.52) in 2025.

Nevada Sunrise fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Accounts Payable	Non Currrent Assets Other	Short Term Debt	Net Receivables	Inventory	Non Current Liabilities Total	Net Tangible Assets
Total Assets		-0.23	-0.44	0.99	0.86	-0.44	0.32	0.43	0.87	0.39	0.76	-0.37	-0.03	0.75	-0.44	0.77	-0.14	0.05	0.05	-0.38	-0.22	0.05	0.44	0.63	0.15	0.75
Other Current Liab	-0.23		0.16	-0.24	-0.37	-0.12	0.16	0.09	-0.36	-0.4	0.03	-0.2	-0.27	-0.38	0.16	-0.01	-0.23	0.25	0.19	0.01	0.53	0.25	0.2	-0.18	0.37	-0.07
Total Current Liabilities	-0.44	0.16		-0.55	-0.47	0.28	-0.39	-0.29	-0.44	0.17	-0.23	0.06	-0.45	-0.36	1.0	-0.29	0.24	0.14	0.14	0.98	0.03	0.14	-0.15	-0.44	-0.17	-0.8
Total Stockholder Equity	0.99	-0.24	-0.55		0.87	-0.45	0.36	0.44	0.87	0.34	0.74	-0.36	0.03	0.75	-0.55	0.76	-0.17	0.03	0.03	-0.5	-0.21	0.03	0.43	0.65	0.16	0.82
Property Plant And Equipment Net	0.86	-0.37	-0.47	0.87		-0.05	0.34	0.03	1.0	0.56	0.33	-0.39	-0.02	0.69	-0.47	0.36	-0.17	0.04	0.06	-0.44	-0.37	0.04	0.42	0.7	-0.14	0.68
Net Debt	-0.44	-0.12	0.28	-0.45	-0.05		-0.28	-0.99	-0.04	0.2	-0.81	0.29	-0.06	-0.39	0.28	-0.77	0.19	-0.14	-0.1	0.2	-0.07	-0.14	0.09	-0.24	-0.59	-0.35
Retained Earnings	0.32	0.16	-0.39	0.36	0.34	-0.28		0.25	0.31	-0.32	0.24	-0.85	-0.47	0.4	-0.39	0.19	-0.95	0.82	0.82	-0.4	-0.51	0.82	0.22	0.57	-0.21	0.55
Cash	0.43	0.09	-0.29	0.44	0.03	-0.99	0.25		0.02	-0.23	0.8	-0.22	0.12	0.37	-0.29	0.78	-0.17	0.1	0.07	-0.21	0.07	0.1	-0.11	0.22	0.59	0.33
Non Current Assets Total	0.87	-0.36	-0.44	0.87	1.0	-0.04	0.31	0.02		0.59	0.34	-0.38	-0.04	0.68	-0.44	0.36	-0.15	0.03	0.05	-0.41	-0.35	0.03	0.42	0.67	-0.13	0.66
Other Assets	0.39	-0.4	0.17	0.34	0.56	0.2	-0.32	-0.23	0.59		-0.01	-0.01	-0.06	0.23	0.17	-0.02	0.43	-0.37	-0.34	0.18	-0.08	-0.37	0.2	0.27	-0.07	-0.03
Cash And Short Term Investments	0.76	0.03	-0.23	0.74	0.33	-0.81	0.24	0.8	0.34	-0.01		-0.26	-0.08	0.54	-0.23	0.98	-0.09	0.12	0.09	-0.16	0.02	0.12	0.25	0.31	0.45	0.55
Common Stock Shares Outstanding	-0.37	-0.2	0.06	-0.36	-0.39	0.29	-0.85	-0.22	-0.38	-0.01	-0.26		0.67	-0.46	0.06	-0.16	0.82	-0.82	-0.8	0.06	0.48	-0.82	-0.22	-0.62	0.18	-0.36
Other Current Assets	-0.03	-0.27	-0.45	0.03	-0.02	-0.06	-0.47	0.12	-0.04	-0.06	-0.08	0.67		0.04	-0.45	0.03	0.52	-0.7	-0.68	-0.43	0.39	-0.7	-0.27	-0.12	0.18	0.05
Other Stockholder Equity	0.75	-0.38	-0.36	0.75	0.69	-0.39	0.4	0.37	0.68	0.23	0.54	-0.46	0.04		-0.36	0.54	-0.25	0.17	0.18	-0.3	-0.37	0.17	0.15	0.83	-0.14	0.55
Total Liab	-0.44	0.16	1.0	-0.55	-0.47	0.28	-0.39	-0.29	-0.44	0.17	-0.23	0.06	-0.45	-0.36		-0.29	0.24	0.14	0.14	0.98	0.03	0.14	-0.15	-0.44	-0.17	-0.8
Total Current Assets	0.77	-0.01	-0.29	0.76	0.36	-0.77	0.19	0.78	0.36	-0.02	0.98	-0.16	0.03	0.54	-0.29		-0.06	0.02	0.01	-0.22	0.04	0.02	0.3	0.31	0.45	0.57
Common Stock	-0.14	-0.23	0.24	-0.17	-0.17	0.19	-0.95	-0.17	-0.15	0.43	-0.09	0.82	0.52	-0.25	0.24	-0.06		-0.86	-0.86	0.26	0.51	-0.86	-0.14	-0.44	0.24	-0.35
Short Long Term Debt Total	0.05	0.25	0.14	0.03	0.04	-0.14	0.82	0.1	0.03	-0.37	0.12	-0.82	-0.7	0.17	0.14	0.02	-0.86		0.99	0.14	-0.52	1.0	0.0	0.22	-0.31	0.12
Current Deferred Revenue	0.05	0.19	0.14	0.03	0.06	-0.1	0.82	0.07	0.05	-0.34	0.09	-0.8	-0.68	0.18	0.14	0.01	-0.86	0.99		0.15	-0.57	0.99	0.01	0.24	-0.37	0.1
Accounts Payable	-0.38	0.01	0.98	-0.5	-0.44	0.2	-0.4	-0.21	-0.41	0.18	-0.16	0.06	-0.43	-0.3	0.98	-0.22	0.26	0.14	0.15		-0.07	0.14	-0.23	-0.44	-0.13	-0.79
Non Currrent Assets Other	-0.22	0.53	0.03	-0.21	-0.37	-0.07	-0.51	0.07	-0.35	-0.08	0.02	0.48	0.39	-0.37	0.03	0.04	0.51	-0.52	-0.57	-0.07		-0.52	-0.14	-0.46	0.45	-0.16
Short Term Debt	0.05	0.25	0.14	0.03	0.04	-0.14	0.82	0.1	0.03	-0.37	0.12	-0.82	-0.7	0.17	0.14	0.02	-0.86	1.0	0.99	0.14	-0.52		0.0	0.22	-0.31	0.12
Net Receivables	0.44	0.2	-0.15	0.43	0.42	0.09	0.22	-0.11	0.42	0.2	0.25	-0.22	-0.27	0.15	-0.15	0.3	-0.14	0.0	0.01	-0.23	-0.14	0.0		0.47	0.0	0.49
Inventory	0.63	-0.18	-0.44	0.65	0.7	-0.24	0.57	0.22	0.67	0.27	0.31	-0.62	-0.12	0.83	-0.44	0.31	-0.44	0.22	0.24	-0.44	-0.46	0.22	0.47		-0.17	0.61
Non Current Liabilities Total	0.15	0.37	-0.17	0.16	-0.14	-0.59	-0.21	0.59	-0.13	-0.07	0.45	0.18	0.18	-0.14	-0.17	0.45	0.24	-0.31	-0.37	-0.13	0.45	-0.31	0.0	-0.17		0.04
Net Tangible Assets	0.75	-0.07	-0.8	0.82	0.68	-0.35	0.55	0.33	0.66	-0.03	0.55	-0.36	0.05	0.55	-0.8	0.57	-0.35	0.12	0.1	-0.79	-0.16	0.12	0.49	0.61	0.04

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Nevada Sunrise Account Relationship Matchups

Nevada Sunrise fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2M	4.0M	2.0M	2.1M	1.9M	2.5M
Other Current Liab	85.7K	153.3K	100.5K	4.5K	4.0K	3.8K
Total Current Liabilities	754.9K	153.3K	310.1K	158.0K	181.7K	172.6K
Total Stockholder Equity	444.9K	3.8M	1.7M	1.9M	1.8M	2.2M
Property Plant And Equipment Net	946.4K	1.4M	1.4M	1.6M	1.4M	1.7M
Net Debt	(1.2M)	12.9K	(2.0M)	(221.8K)	(199.7K)	(209.6K)
Retained Earnings	(25.6M)	(25.2M)	(27.9M)	(28.5M)	(25.7M)	(24.4M)
Cash	72.8K	2.1M	221.8K	282.5K	254.2K	503.0K
Non Current Assets Total	1.0M	1.5M	1.5M	1.6M	1.4M	1.7M
Other Assets	109.3K	110.4K	102.2K	92.1K	105.9K	79.1K
Cash And Short Term Investments	1.2M	112.3K	2.3M	341.8K	393.1K	373.4K
Common Stock Shares Outstanding	76.5M	85.2M	99.3M	110.3M	126.8M	133.1M
Liabilities And Stockholders Equity	2.5M	1.2M	4.0M	2.0M	1.8M	2.5M
Other Current Assets	11.6K	35.6K	130.9K	155.9K	179.3K	188.2K
Other Stockholder Equity	812.0K	812.9K	778.3K	872.7K	785.4K	746.1K
Total Liab	754.9K	153.3K	310.1K	158.0K	181.7K	172.6K
Total Current Assets	151.2K	2.5M	522.7K	507.4K	583.5K	1.0M
Accumulated Other Comprehensive Income	4.2M	4.5M	4.7M	4.7M	5.4M	2.8M
Common Stock	21.0M	21.6M	24.3M	25.0M	28.7M	19.2M
Accounts Payable	669.2K	151.1K	209.6K	123.2K	141.7K	134.6K
Non Currrent Assets Other	4.1K	92.1K	88.3K	46.8K	53.9K	30.4K
Net Receivables	10.1K	3.3K	41.9K	25.0K	22.5K	36.5K
Net Tangible Assets	374.3K	1.7M	444.9K	3.8M	3.4M	2.5M
Property Plant Equipment	836.4K	1.1M	946.4K	1.4M	1.3M	1.8M
Short Term Investments	39.4K	240.4K	120.0K	161.4K	145.2K	138.0K
Net Invested Capital	444.9K	3.8M	1.7M	1.9M	1.8M	1.6M
Net Working Capital	(603.7K)	2.3M	212.6K	349.4K	401.8K	398.8K
Capital Stock	21.6M	24.3M	25.0M	25.5M	29.3M	24.4M

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