Nevada Total Cash From Operating Activities vs Total Current Assets 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 Total Cash From Operating Activities and its Total Current Assets 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.

Total Cash From Operating Activities vs Total Current Assets

Total Cash From Operating Activities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nevada Sunrise Gold Total Cash From Operating Activities account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nevada Sunrise's Total Cash From Operating Activities and Total Current Assets is -0.16. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Assets 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 Total Cash From Operating Activities and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Nevada Sunrise Gold are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Cash From Operating Activities i.e., Nevada Sunrise's Total Cash From Operating Activities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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. Enterprise Value is likely to climb to about 16.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 311.4 K in 2024.
 2010 2016 2023 2024 (projected)
Interest Income500.0468.0421.2387.2
Net Interest Income500.0468.0421.2387.2

Nevada Sunrise fundamental ratios Correlations

-0.38-0.550.990.87-0.430.290.420.870.390.75-0.350.010.74-0.550.77-0.110.00.0-0.46-0.270.00.440.620.140.76
-0.380.05-0.36-0.490.01-0.020.0-0.49-0.47-0.10.13-0.02-0.530.05-0.1-0.030.02-0.03-0.110.550.020.17-0.340.35-0.11
-0.550.05-0.65-0.550.4-0.59-0.39-0.520.12-0.350.36-0.25-0.471.0-0.370.4-0.06-0.030.970.1-0.06-0.19-0.58-0.22-0.86
0.99-0.36-0.650.87-0.450.350.440.870.340.73-0.360.050.74-0.650.75-0.150.0-0.01-0.57-0.250.00.430.640.160.82
0.87-0.49-0.550.87-0.040.330.021.00.560.33-0.40.00.69-0.550.35-0.170.020.03-0.5-0.380.020.420.7-0.140.69
-0.430.010.4-0.45-0.04-0.24-1.0-0.020.22-0.80.24-0.11-0.370.4-0.770.16-0.1-0.040.280.05-0.10.11-0.22-0.58-0.36
0.29-0.02-0.590.350.33-0.240.230.3-0.370.19-0.86-0.410.37-0.590.15-0.940.790.79-0.56-0.560.790.210.55-0.240.6
0.420.0-0.390.440.02-1.00.230.01-0.220.8-0.220.120.37-0.390.76-0.140.090.04-0.28-0.050.09-0.120.210.590.35
0.87-0.49-0.520.871.0-0.020.30.010.580.33-0.39-0.010.67-0.520.35-0.140.00.02-0.47-0.360.00.420.67-0.140.67
0.39-0.470.120.340.560.22-0.37-0.220.58-0.020.03-0.040.230.12-0.030.47-0.41-0.390.15-0.13-0.410.190.26-0.08-0.03
0.75-0.1-0.350.730.33-0.80.190.80.33-0.02-0.2-0.040.53-0.350.98-0.050.070.03-0.24-0.090.070.240.280.440.57
-0.350.130.36-0.36-0.40.24-0.86-0.22-0.390.03-0.20.62-0.450.36-0.10.83-0.81-0.780.290.73-0.81-0.21-0.620.24-0.42
0.01-0.02-0.250.050.0-0.11-0.410.12-0.01-0.04-0.040.620.08-0.250.080.48-0.67-0.65-0.30.59-0.67-0.26-0.080.210.04
0.74-0.53-0.470.740.69-0.370.370.370.670.230.53-0.450.08-0.470.52-0.230.130.14-0.38-0.40.130.140.82-0.150.57
-0.550.051.0-0.65-0.550.4-0.59-0.39-0.520.12-0.350.36-0.25-0.47-0.370.4-0.06-0.030.970.1-0.06-0.19-0.58-0.22-0.86
0.77-0.1-0.370.750.35-0.770.150.760.35-0.030.98-0.10.080.52-0.37-0.01-0.04-0.06-0.280.0-0.040.30.290.440.58
-0.11-0.030.4-0.15-0.170.16-0.94-0.14-0.140.47-0.050.830.48-0.230.4-0.01-0.85-0.850.380.55-0.85-0.12-0.420.27-0.38
0.00.02-0.060.00.02-0.10.790.090.0-0.410.07-0.81-0.670.13-0.06-0.04-0.850.990.0-0.661.0-0.030.18-0.350.14
0.0-0.03-0.03-0.010.03-0.040.790.040.02-0.390.03-0.78-0.650.14-0.03-0.06-0.850.990.02-0.660.99-0.020.19-0.420.12
-0.46-0.110.97-0.57-0.50.28-0.56-0.28-0.470.15-0.240.29-0.3-0.380.97-0.280.380.00.02-0.050.0-0.26-0.54-0.16-0.83
-0.270.550.1-0.25-0.380.05-0.56-0.05-0.36-0.13-0.090.730.59-0.40.10.00.55-0.66-0.66-0.05-0.66-0.15-0.50.33-0.2
0.00.02-0.060.00.02-0.10.790.090.0-0.410.07-0.81-0.670.13-0.06-0.04-0.851.00.990.0-0.66-0.030.18-0.350.14
0.440.17-0.190.430.420.110.21-0.120.420.190.24-0.21-0.260.14-0.190.3-0.12-0.03-0.02-0.26-0.15-0.030.46-0.010.49
0.62-0.34-0.580.640.7-0.220.550.210.670.260.28-0.62-0.080.82-0.580.29-0.420.180.19-0.54-0.50.180.46-0.190.62
0.140.35-0.220.16-0.14-0.58-0.240.59-0.14-0.080.440.240.21-0.15-0.220.440.27-0.35-0.42-0.160.33-0.35-0.01-0.190.05
0.76-0.11-0.860.820.69-0.360.60.350.67-0.030.57-0.420.040.57-0.860.58-0.380.140.12-0.83-0.20.140.490.620.05
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Nevada Sunrise Account Relationship Matchups

Nevada Sunrise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M1.2M4.0M2.0M1.8M2.5M
Other Current Liab21.5K85.7K153.3K100.5K90.5K56.3K
Total Current Liabilities779.9K754.9K153.3K310.1K356.6K435.9K
Total Stockholder Equity1.7M444.9K3.8M1.7M1.5M2.2M
Property Plant And Equipment Net1.1M946.4K1.4M1.4M1.3M1.7M
Net Debt(1.2M)12.9K(2.0M)(221.8K)(199.7K)(209.6K)
Retained Earnings(23.5M)(25.6M)(25.2M)(27.9M)(25.1M)(23.9M)
Cash1.2M72.8K2.1M221.8K255.1K242.4K
Non Current Assets Total1.2M1.0M1.5M1.5M1.3M1.8M
Other Assets109.3K110.4K102.2K92.1K105.9K79.1K
Cash And Short Term Investments1.2M112.3K2.3M341.8K393.1K373.4K
Common Stock Shares Outstanding56.0M76.5M85.2M99.3M114.2M119.9M
Liabilities And Stockholders Equity2.5M1.2M4.0M2.0M1.8M2.5M
Other Current Assets11.6K35.6K130.9K155.9K179.3K188.2K
Other Stockholder Equity812.0K812.9K778.3K872.7K785.4K746.1K
Total Liab779.9K754.9K153.3K310.1K356.6K435.9K
Total Current Assets1.2M151.2K2.5M522.7K601.1K1.0M
Accumulated Other Comprehensive Income4.2M4.5M4.7M4.7M5.4M2.8M
Common Stock21.0M21.6M24.3M25.0M28.7M19.2M
Accounts Payable758.4K669.2K151.1K209.6K241.0K295.7K
Non Currrent Assets Other4.3K4.1K92.1K88.3K101.5K106.6K
Net Receivables10.1K3.3K41.9K25.0K22.5K36.5K
Net Tangible Assets374.3K1.7M444.9K3.8M3.4M2.5M
Property Plant Equipment836.4K1.1M946.4K1.4M1.3M1.8M
Short Term Investments5.3K39.4K240.4K120.0K108.0K102.6K
Net Invested Capital1.7M444.9K3.8M1.7M1.5M1.6M
Net Working Capital422.3K(603.7K)2.3M212.6K244.5K400.8K
Capital Stock21.0M21.6M24.3M25.0M28.7M23.8M

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