Northern Free Cash Flow Yield vs Price To Sales Ratio Analysis

NGC Stock

CAD 0.16 0.01 5.88%

Northern Graphite financial indicator trend analysis is infinitely more than just investigating Northern Graphite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Graphite is a good investment. Please check the relationship between Northern Graphite Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Graphite. 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Graphite Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Northern Graphite's Free Cash Flow Yield and Price To Sales Ratio is 0.77. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Northern Graphite, assuming nothing else is changed. The correlation between historical values of Northern Graphite's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Northern Graphite are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Northern Graphite's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Northern Graphite stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Northern Graphite sales, a figure that is much harder to manipulate than other Northern Graphite multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Northern Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Graphite 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 Northern Graphite. 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, Northern Graphite's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 52.7 M in 2024, despite the fact that Tax Provision is likely to grow to (685.9 K).

Northern Graphite fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Assets	Other Current Liab	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment
Total Assets		0.18	0.96	0.56	0.99	0.87	-0.92	0.96	0.31	1.0	0.92	0.36	0.95	0.78	0.97	0.2	0.97	0.98	0.59	0.97	0.77	0.87	0.8	0.72	-0.69	0.69
Short Long Term Debt Total	0.18		0.06	0.61	0.25	-0.15	-0.14	0.02	0.29	0.19	0.13	0.31	0.1	0.59	0.02	0.46	0.03	0.16	0.66	0.04	0.05	0.39	0.38	0.36	0.05	0.43
Total Current Liabilities	0.96	0.06		0.32	0.94	0.95	-0.97	0.99	0.19	0.95	0.87	0.25	0.87	0.68	0.99	0.19	0.99	0.94	0.55	0.99	0.9	0.81	0.83	0.71	-0.8	0.65
Total Stockholder Equity	0.56	0.61	0.32		0.61	0.11	-0.31	0.31	0.53	0.56	0.51	0.57	0.59	0.69	0.35	0.15	0.34	0.55	0.6	0.35	0.12	0.56	0.38	0.44	-0.1	0.51
Property Plant And Equipment Net	0.99	0.25	0.94	0.61		0.84	-0.93	0.92	0.25	0.99	0.91	0.3	0.91	0.82	0.94	0.16	0.94	0.95	0.66	0.95	0.76	0.86	0.82	0.72	-0.72	0.76
Net Debt	0.87	-0.15	0.95	0.11	0.84		-0.91	0.95	-0.06	0.88	0.82	-0.01	0.82	0.56	0.96	0.1	0.96	0.83	0.31	0.95	0.81	0.74	0.75	0.6	-0.74	0.58
Retained Earnings	-0.92	-0.14	-0.97	-0.31	-0.93	-0.91		-0.94	-0.12	-0.93	-0.84	-0.17	-0.78	-0.75	-0.94	-0.1	-0.95	-0.88	-0.61	-0.95	-0.9	-0.8	-0.9	-0.75	0.84	-0.77
Accounts Payable	0.96	0.02	0.99	0.31	0.92	0.95	-0.94		0.22	0.95	0.87	0.26	0.9	0.65	1.0	0.21	1.0	0.95	0.49	1.0	0.85	0.8	0.78	0.67	-0.74	0.59
Cash	0.31	0.29	0.19	0.53	0.25	-0.06	-0.12	0.22		0.25	0.18	0.99	0.32	0.27	0.19	0.05	0.19	0.44	0.28	0.19	0.16	0.26	0.12	0.31	-0.01	0.01
Non Current Assets Total	1.0	0.19	0.95	0.56	0.99	0.88	-0.93	0.95	0.25		0.92	0.31	0.95	0.79	0.97	0.19	0.97	0.97	0.61	0.97	0.77	0.87	0.81	0.71	-0.7	0.71
Non Currrent Assets Other	0.92	0.13	0.87	0.51	0.91	0.82	-0.84	0.87	0.18	0.92		0.22	0.89	0.73	0.89	0.17	0.89	0.88	0.49	0.89	0.65	0.81	0.75	0.66	-0.61	0.7
Cash And Short Term Investments	0.36	0.31	0.25	0.57	0.3	-0.01	-0.17	0.26	0.99	0.31	0.22		0.38	0.35	0.24	0.06	0.24	0.49	0.31	0.24	0.22	0.34	0.2	0.39	-0.03	0.09
Net Receivables	0.95	0.1	0.87	0.59	0.91	0.82	-0.78	0.9	0.32	0.95	0.89	0.38		0.71	0.92	0.22	0.91	0.96	0.4	0.91	0.62	0.85	0.67	0.63	-0.49	0.56
Common Stock Shares Outstanding	0.78	0.59	0.68	0.69	0.82	0.56	-0.75	0.65	0.27	0.79	0.73	0.35	0.71		0.68	0.13	0.68	0.74	0.58	0.69	0.56	0.94	0.89	0.87	-0.38	0.9
Non Current Liabilities Total	0.97	0.02	0.99	0.35	0.94	0.96	-0.94	1.0	0.19	0.97	0.89	0.24	0.92	0.68		0.17	1.0	0.96	0.48	1.0	0.83	0.83	0.79	0.68	-0.74	0.62
Other Stockholder Equity	0.2	0.46	0.19	0.15	0.16	0.1	-0.1	0.21	0.05	0.19	0.17	0.06	0.22	0.13	0.17		0.18	0.21	0.42	0.18	0.19	0.22	0.17	0.15	-0.06	0.04
Total Liab	0.97	0.03	0.99	0.34	0.94	0.96	-0.95	1.0	0.19	0.97	0.89	0.24	0.91	0.68	1.0	0.18		0.96	0.49	1.0	0.84	0.83	0.8	0.69	-0.75	0.63
Total Current Assets	0.98	0.16	0.94	0.55	0.95	0.83	-0.88	0.95	0.44	0.97	0.88	0.49	0.96	0.74	0.96	0.21	0.96		0.54	0.96	0.77	0.85	0.76	0.71	-0.64	0.61
Short Term Debt	0.59	0.66	0.55	0.6	0.66	0.31	-0.61	0.49	0.28	0.61	0.49	0.31	0.4	0.58	0.48	0.42	0.49	0.54		0.5	0.55	0.44	0.58	0.44	-0.63	0.57
Other Current Assets	0.97	0.04	0.99	0.35	0.95	0.95	-0.95	1.0	0.19	0.97	0.89	0.24	0.91	0.69	1.0	0.18	1.0	0.96	0.5		0.84	0.83	0.8	0.69	-0.76	0.64
Other Current Liab	0.77	0.05	0.9	0.12	0.76	0.81	-0.9	0.85	0.16	0.77	0.65	0.22	0.62	0.56	0.83	0.19	0.84	0.77	0.55	0.84		0.65	0.82	0.71	-0.8	0.6
Common Stock	0.87	0.39	0.81	0.56	0.86	0.74	-0.8	0.8	0.26	0.87	0.81	0.34	0.85	0.94	0.83	0.22	0.83	0.85	0.44	0.83	0.65		0.89	0.88	-0.41	0.8
Other Liab	0.8	0.38	0.83	0.38	0.82	0.75	-0.9	0.78	0.12	0.81	0.75	0.2	0.67	0.89	0.79	0.17	0.8	0.76	0.58	0.8	0.82	0.89		0.89	-0.62	0.9
Net Tangible Assets	0.72	0.36	0.71	0.44	0.72	0.6	-0.75	0.67	0.31	0.71	0.66	0.39	0.63	0.87	0.68	0.15	0.69	0.71	0.44	0.69	0.71	0.88	0.89		-0.47	0.84
Other Assets	-0.69	0.05	-0.8	-0.1	-0.72	-0.74	0.84	-0.74	-0.01	-0.7	-0.61	-0.03	-0.49	-0.38	-0.74	-0.06	-0.75	-0.64	-0.63	-0.76	-0.8	-0.41	-0.62	-0.47		-0.54
Property Plant Equipment	0.69	0.43	0.65	0.51	0.76	0.58	-0.77	0.59	0.01	0.71	0.7	0.09	0.56	0.9	0.62	0.04	0.63	0.61	0.57	0.64	0.6	0.8	0.9	0.84	-0.54

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Northern Graphite Account Relationship Matchups

Northern Graphite fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.8M	15.2M	19.7M	102.1M	91.8M	96.4M
Total Current Liabilities	111.5K	207.7K	1.6M	10.3M	14.8M	15.6M
Total Stockholder Equity	15.3M	14.7M	17.7M	36.2M	15.8M	14.6M
Property Plant And Equipment Net	13.5M	12.7M	13.6M	43.5M	42.3M	44.4M
Net Debt	(1.4M)	(1.2M)	(3.6M)	16.8M	24.4M	25.7M
Retained Earnings	(13.1M)	(13.8M)	(16.3M)	(30.7M)	(54.4M)	(51.7M)
Accounts Payable	108.7K	111.9K	207K	3.3M	4.0M	4.2M
Cash	1.4M	1.2M	3.6M	5.1M	3.1M	2.8M
Non Current Assets Total	14.3M	13.7M	14.4M	72.4M	66.9M	70.3M
Non Currrent Assets Other	14.3M	845.1K	845.9K	23.7M	19.4M	20.4M
Cash And Short Term Investments	1.4M	1.4M	4.3M	5.6M	3.6M	3.0M
Net Receivables	18.0K	15.5K	79.4K	4.1M	2.2M	2.4M
Liabilities And Stockholders Equity	15.8M	15.2M	19.7M	102.1M	91.8M	96.4M
Non Current Liabilities Total	342.5K	345.9K	362.2K	55.6M	61.2M	64.3M
Other Stockholder Equity	2.4M	2.4M	2.5M	4.0M	5.0M	3.0M
Total Liab	454.0K	553.7K	1.9M	65.9M	76.1M	79.9M
Total Current Assets	1.5M	1.5M	5.2M	29.7M	24.9M	26.2M
Other Current Assets	54.0K	89.2K	64.8K	1.7M	1.9M	2.0M
Other Current Liab	2.8K	95.9K	1.4M	770.0K	2.5M	2.6M
Other Liab	335.1K	342.5K	345.9K	362.2K	416.5K	368.4K
Net Tangible Assets	15.9M	15.3M	14.7M	17.7M	20.4M	16.4M
Other Assets	829.1K	842.0K	845.1K	845.9K	761.3K	673.9K
Property Plant Equipment	13.1M	13.5M	12.7M	13.6M	15.6M	13.5M
Net Invested Capital	15.3M	14.7M	17.7M	56.5M	41.9M	28.1M
Net Working Capital	1.0M	945.3K	3.7M	19.4M	10.1M	6.4M

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