Northern Long Term Debt vs Net Receivables Analysis

NGC Stock

CAD 0.17 0.01 6.25%

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 Long Term Debt and its Net Receivables 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.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Graphite Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Northern Graphite's Long Term Debt and Net Receivables is 0.62. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables 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 Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Northern Graphite are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Northern Graphite's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Northern Graphite has held for over one year. Long-term debt appears on Northern Graphite balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Northern Graphite balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

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.

Selling General Administrative is likely to climb to about 12.1 M in 2025, despite the fact that Tax Provision is likely to grow to (617.3 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		0.38	0.97	0.52	0.99	0.91	-0.94	0.97	0.3	1.0	0.94	0.37	0.96	0.95	0.98	0.24	0.98	0.99	0.72	0.98	0.85	0.98	0.82	0.75	-0.65	0.71
Short Long Term Debt Total	0.38		0.33	0.56	0.42	0.18	-0.42	0.29	0.3	0.38	0.32	0.34	0.28	0.44	0.29	0.47	0.29	0.35	0.65	0.3	0.32	0.35	0.55	0.52	-0.01	0.55
Total Current Liabilities	0.97	0.33		0.31	0.96	0.96	-0.97	0.99	0.21	0.97	0.9	0.27	0.88	0.94	0.99	0.24	0.99	0.96	0.71	0.99	0.94	0.99	0.82	0.73	-0.7	0.67
Total Stockholder Equity	0.52	0.56	0.31		0.55	0.14	-0.34	0.31	0.53	0.52	0.49	0.57	0.57	0.51	0.34	0.17	0.33	0.52	0.53	0.34	0.15	0.42	0.43	0.47	-0.12	0.54
Property Plant And Equipment Net	0.99	0.42	0.96	0.55		0.89	-0.95	0.95	0.25	1.0	0.93	0.32	0.92	0.97	0.96	0.21	0.96	0.96	0.78	0.96	0.84	0.98	0.84	0.75	-0.68	0.77
Net Debt	0.91	0.18	0.96	0.14	0.89		-0.93	0.97	0.0	0.91	0.87	0.07	0.85	0.86	0.97	0.16	0.97	0.88	0.55	0.97	0.88	0.93	0.76	0.65	-0.66	0.61
Retained Earnings	-0.94	-0.42	-0.97	-0.34	-0.95	-0.93		-0.95	-0.16	-0.94	-0.88	-0.23	-0.83	-0.95	-0.95	-0.17	-0.96	-0.91	-0.72	-0.96	-0.91	-0.96	-0.84	-0.76	0.62	-0.75
Accounts Payable	0.97	0.29	0.99	0.31	0.95	0.97	-0.95		0.23	0.97	0.9	0.29	0.91	0.91	1.0	0.25	1.0	0.97	0.66	1.0	0.9	0.97	0.79	0.7	-0.67	0.62
Cash	0.3	0.3	0.21	0.53	0.25	0.0	-0.16	0.23		0.26	0.2	0.99	0.33	0.24	0.21	0.06	0.21	0.42	0.28	0.21	0.18	0.22	0.17	0.35	-0.03	0.06
Non Current Assets Total	1.0	0.38	0.97	0.52	1.0	0.91	-0.94	0.97	0.26		0.94	0.32	0.95	0.96	0.98	0.23	0.98	0.98	0.74	0.98	0.85	0.98	0.83	0.74	-0.66	0.73
Non Currrent Assets Other	0.94	0.32	0.9	0.49	0.93	0.87	-0.88	0.9	0.2	0.94		0.26	0.91	0.89	0.92	0.22	0.92	0.91	0.64	0.92	0.75	0.92	0.78	0.7	-0.59	0.73
Cash And Short Term Investments	0.37	0.34	0.27	0.57	0.32	0.07	-0.23	0.29	0.99	0.32	0.26		0.39	0.31	0.27	0.08	0.27	0.48	0.31	0.27	0.26	0.3	0.26	0.44	-0.05	0.14
Net Receivables	0.96	0.28	0.88	0.57	0.92	0.85	-0.83	0.91	0.33	0.95	0.91	0.39		0.83	0.93	0.26	0.92	0.96	0.55	0.92	0.7	0.9	0.72	0.68	-0.5	0.61
Common Stock Shares Outstanding	0.95	0.44	0.94	0.51	0.97	0.86	-0.95	0.91	0.24	0.96	0.89	0.31	0.83		0.92	0.16	0.92	0.91	0.83	0.93	0.89	0.98	0.89	0.79	-0.73	0.83
Non Current Liabilities Total	0.98	0.29	0.99	0.34	0.96	0.97	-0.95	1.0	0.21	0.98	0.92	0.27	0.93	0.92		0.22	1.0	0.97	0.65	1.0	0.89	0.98	0.8	0.71	-0.67	0.65
Other Stockholder Equity	0.24	0.47	0.24	0.17	0.21	0.16	-0.17	0.25	0.06	0.23	0.22	0.08	0.26	0.16	0.22		0.23	0.25	0.41	0.23	0.24	0.22	0.16	0.17	-0.01	0.05
Total Liab	0.98	0.29	0.99	0.33	0.96	0.97	-0.96	1.0	0.21	0.98	0.92	0.27	0.92	0.92	1.0	0.23		0.97	0.67	1.0	0.9	0.98	0.81	0.72	-0.67	0.65
Total Current Assets	0.99	0.35	0.96	0.52	0.96	0.88	-0.91	0.97	0.42	0.98	0.91	0.48	0.96	0.91	0.97	0.25	0.97		0.69	0.97	0.84	0.96	0.79	0.75	-0.61	0.64
Short Term Debt	0.72	0.65	0.71	0.53	0.78	0.55	-0.72	0.66	0.28	0.74	0.64	0.31	0.55	0.83	0.65	0.41	0.67	0.69		0.67	0.72	0.74	0.67	0.54	-0.67	0.63
Other Current Assets	0.98	0.3	0.99	0.34	0.96	0.97	-0.96	1.0	0.21	0.98	0.92	0.27	0.92	0.93	1.0	0.23	1.0	0.97	0.67		0.9	0.98	0.81	0.72	-0.68	0.66
Other Current Liab	0.85	0.32	0.94	0.15	0.84	0.88	-0.91	0.9	0.18	0.85	0.75	0.26	0.7	0.89	0.89	0.24	0.9	0.84	0.72	0.9		0.92	0.81	0.73	-0.7	0.63
Common Stock	0.98	0.35	0.99	0.42	0.98	0.93	-0.96	0.97	0.22	0.98	0.92	0.3	0.9	0.98	0.98	0.22	0.98	0.96	0.74	0.98	0.92		0.87	0.79	-0.72	0.76
Other Liab	0.82	0.55	0.82	0.43	0.84	0.76	-0.84	0.79	0.17	0.83	0.78	0.26	0.72	0.89	0.8	0.16	0.81	0.79	0.67	0.81	0.81	0.87		0.89	-0.58	0.9
Net Tangible Assets	0.75	0.52	0.73	0.47	0.75	0.65	-0.76	0.7	0.35	0.74	0.7	0.44	0.68	0.79	0.71	0.17	0.72	0.75	0.54	0.72	0.73	0.79	0.89		-0.43	0.84
Other Assets	-0.65	-0.01	-0.7	-0.12	-0.68	-0.66	0.62	-0.67	-0.03	-0.66	-0.59	-0.05	-0.5	-0.73	-0.67	-0.01	-0.67	-0.61	-0.67	-0.68	-0.7	-0.72	-0.58	-0.43		-0.51
Property Plant Equipment	0.71	0.55	0.67	0.54	0.77	0.61	-0.75	0.62	0.06	0.73	0.73	0.14	0.61	0.83	0.65	0.05	0.65	0.64	0.63	0.66	0.63	0.76	0.9	0.84	-0.51

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Northern Graphite Account Relationship Matchups

Northern Graphite fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.2M	19.7M	102.1M	91.8M	105.6M	110.9M
Total Current Liabilities	207.7K	1.6M	10.3M	14.8M	17.0M	17.9M
Total Stockholder Equity	14.7M	17.7M	36.2M	15.8M	18.2M	14.6M
Property Plant And Equipment Net	12.7M	13.6M	43.5M	42.3M	48.7M	51.1M
Net Debt	(1.2M)	(3.6M)	16.8M	24.4M	28.1M	29.5M
Retained Earnings	(13.8M)	(16.3M)	(30.7M)	(54.4M)	(49.0M)	(46.5M)
Accounts Payable	111.9K	207K	3.3M	4.0M	4.5M	4.8M
Cash	1.2M	3.6M	5.1M	3.1M	3.6M	2.8M
Non Current Assets Total	13.7M	14.4M	72.4M	66.9M	77.0M	80.8M
Non Currrent Assets Other	845.1K	845.9K	23.7M	19.4M	22.3M	23.4M
Cash And Short Term Investments	1.4M	4.3M	5.6M	3.6M	4.1M	3.0M
Net Receivables	15.5K	79.4K	4.1M	2.2M	2.6M	2.7M
Liabilities And Stockholders Equity	15.2M	19.7M	102.1M	91.8M	105.6M	110.9M
Non Current Liabilities Total	345.9K	362.2K	55.6M	61.2M	70.4M	73.9M
Other Stockholder Equity	2.4M	2.5M	4.0M	5.0M	4.5M	3.0M
Total Liab	553.7K	1.9M	65.9M	76.1M	87.5M	91.8M
Total Current Assets	1.5M	5.2M	29.7M	24.9M	28.7M	30.1M
Other Current Assets	89.2K	64.8K	1.7M	1.9M	2.2M	2.3M
Other Current Liab	95.9K	1.4M	770.0K	2.5M	2.9M	3.0M
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	14.7M	17.7M	56.5M	41.9M	48.1M	28.1M
Net Working Capital	945.3K	3.7M	19.4M	10.1M	11.6M	6.4M
Property Plant And Equipment Gross	13.9M	14.8M	67.6M	69.7M	80.1M	84.1M

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