Nicola Ev To Sales vs Free Cash Flow Yield Analysis

NIM Stock

CAD 0.27 0.01 3.57%

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

Ev To Sales vs Free Cash Flow Yield

Ev To Sales vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nicola Mining Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Nicola Mining's Ev To Sales and Free Cash Flow Yield is 0.11. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Nicola Mining, assuming nothing else is changed. The correlation between historical values of Nicola Mining's Ev To Sales and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Nicola Mining are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., Nicola Mining's Ev To Sales and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

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Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.

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

Enterprise Value is likely to climb to about 46.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

Nicola Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Net	Non Currrent Assets Other	Non Current Liabilities Total	Short Term Investments	Other Liab	Net Tangible Assets	Other Assets	Short Long Term Debt
Total Assets		0.29	-0.12	0.15	0.65	0.06	0.06	0.24	0.49	0.99	0.49	0.72	0.0	0.41	0.23	0.51	0.82	0.14	0.98	-0.42	0.36	0.33	0.46	-0.09	0.32	0.09
Short Long Term Debt Total	0.29		0.77	0.92	-0.4	0.93	0.01	0.82	-0.23	0.33	-0.23	0.5	-0.33	0.59	0.6	0.81	0.05	0.89	0.39	-0.54	-0.34	0.43	-0.32	-0.41	-0.36	0.4
Other Current Liab	-0.12	0.77		0.85	-0.69	0.75	0.11	0.71	-0.22	-0.11	-0.22	0.17	-0.28	0.47	0.45	0.63	-0.11	0.74	-0.06	-0.34	-0.44	0.26	-0.46	-0.48	-0.41	0.44
Total Current Liabilities	0.15	0.92	0.85		-0.43	0.9	0.2	0.79	-0.32	0.19	-0.32	0.45	-0.42	0.52	0.61	0.67	-0.06	0.95	0.22	-0.32	-0.6	0.22	-0.48	-0.59	-0.49	0.6
Total Stockholder Equity	0.65	-0.4	-0.69	-0.43		-0.44	0.34	-0.3	0.28	0.65	0.28	0.47	-0.04	-0.05	-0.15	-0.32	0.49	-0.38	0.6	0.06	0.22	-0.15	0.29	-0.05	0.2	0.06
Net Debt	0.06	0.93	0.75	0.9	-0.44		0.14	0.76	-0.56	0.14	-0.56	0.48	-0.45	0.41	0.52	0.57	-0.28	0.9	0.18	-0.41	-0.57	0.29	-0.55	-0.51	-0.58	0.51
Retained Earnings	0.06	0.01	0.11	0.2	0.34	0.14		0.3	-0.36	0.1	-0.36	0.46	-0.82	0.15	0.27	-0.3	-0.09	0.19	0.04	0.39	-0.59	-0.6	-0.55	-0.9	-0.62	0.88
Accounts Payable	0.24	0.82	0.71	0.79	-0.3	0.76	0.3		-0.17	0.26	-0.17	0.53	-0.67	0.7	0.87	0.64	0.13	0.69	0.3	-0.43	-0.36	0.27	-0.41	-0.59	-0.5	0.59
Cash	0.49	-0.23	-0.22	-0.32	0.28	-0.56	-0.36	-0.17		0.37	1.0	-0.14	0.47	0.23	-0.02	0.3	0.86	-0.41	0.38	-0.18	0.74	0.27	0.73	0.45	0.76	-0.47
Non Current Assets Total	0.99	0.33	-0.11	0.19	0.65	0.14	0.1	0.26	0.37		0.37	0.77	-0.04	0.37	0.23	0.49	0.73	0.21	0.99	-0.4	0.28	0.31	0.39	-0.14	0.24	0.14
Cash And Short Term Investments	0.49	-0.23	-0.22	-0.32	0.28	-0.56	-0.36	-0.17	1.0	0.37		-0.14	0.47	0.23	-0.02	0.3	0.86	-0.41	0.38	-0.18	0.74	0.27	0.73	0.45	0.76	-0.47
Net Receivables	0.72	0.5	0.17	0.45	0.47	0.48	0.46	0.53	-0.14	0.77	-0.14		-0.45	0.42	0.36	0.36	0.38	0.46	0.78	-0.44	-0.21	0.22	-0.11	-0.55	-0.3	0.58
Common Stock Shares Outstanding	0.0	-0.33	-0.28	-0.42	-0.04	-0.45	-0.82	-0.67	0.47	-0.04	0.47	-0.45		-0.41	-0.65	0.05	0.19	-0.4	-0.02	-0.16	0.61	0.34	0.66	0.85	0.74	-0.85
Other Current Assets	0.41	0.59	0.47	0.52	-0.05	0.41	0.15	0.7	0.23	0.37	0.23	0.42	-0.41		0.63	0.57	0.46	0.54	0.43	-0.53	-0.08	0.4	-0.19	-0.34	-0.08	0.37
Other Stockholder Equity	0.23	0.6	0.45	0.61	-0.15	0.52	0.27	0.87	-0.02	0.23	-0.02	0.36	-0.65	0.63		0.45	0.17	0.48	0.25	-0.26	-0.32	0.15	-0.36	-0.45	-0.49	0.45
Total Liab	0.51	0.81	0.63	0.67	-0.32	0.57	-0.3	0.64	0.3	0.49	0.3	0.36	0.05	0.57	0.45		0.46	0.61	0.55	-0.59	0.19	0.59	0.24	-0.06	0.17	0.04
Total Current Assets	0.82	0.05	-0.11	-0.06	0.49	-0.28	-0.09	0.13	0.86	0.73	0.86	0.38	0.19	0.46	0.17	0.46		-0.15	0.74	-0.4	0.58	0.36	0.61	0.13	0.55	-0.14
Short Term Debt	0.14	0.89	0.74	0.95	-0.38	0.9	0.19	0.69	-0.41	0.21	-0.41	0.46	-0.4	0.54	0.48	0.61	-0.15		0.23	-0.27	-0.6	0.2	-0.47	-0.56	-0.44	0.6
Property Plant And Equipment Net	0.98	0.39	-0.06	0.22	0.6	0.18	0.04	0.3	0.38	0.99	0.38	0.78	-0.02	0.43	0.25	0.55	0.74	0.23		-0.52	0.3	0.42	0.38	-0.1	0.24	0.1
Non Currrent Assets Other	-0.42	-0.54	-0.34	-0.32	0.06	-0.41	0.39	-0.43	-0.18	-0.4	-0.18	-0.44	-0.16	-0.53	-0.26	-0.59	-0.4	-0.27	-0.52		-0.22	-0.9	-0.05	-0.19	-0.08	0.19
Non Current Liabilities Total	0.36	-0.34	-0.44	-0.6	0.22	-0.57	-0.59	-0.36	0.74	0.28	0.74	-0.21	0.61	-0.08	-0.32	0.19	0.58	-0.6	0.3	-0.22		0.34	0.89	0.71	0.83	-0.75
Short Term Investments	0.33	0.43	0.26	0.22	-0.15	0.29	-0.6	0.27	0.27	0.31	0.27	0.22	0.34	0.4	0.15	0.59	0.36	0.2	0.42	-0.9	0.34		0.2	0.4	0.34	-0.39
Other Liab	0.46	-0.32	-0.46	-0.48	0.29	-0.55	-0.55	-0.41	0.73	0.39	0.73	-0.11	0.66	-0.19	-0.36	0.24	0.61	-0.47	0.38	-0.05	0.89	0.2		0.63	0.86	-0.63
Net Tangible Assets	-0.09	-0.41	-0.48	-0.59	-0.05	-0.51	-0.9	-0.59	0.45	-0.14	0.45	-0.55	0.85	-0.34	-0.45	-0.06	0.13	-0.56	-0.1	-0.19	0.71	0.4	0.63		0.7	-0.98
Other Assets	0.32	-0.36	-0.41	-0.49	0.2	-0.58	-0.62	-0.5	0.76	0.24	0.76	-0.3	0.74	-0.08	-0.49	0.17	0.55	-0.44	0.24	-0.08	0.83	0.34	0.86	0.7		-0.7
Short Long Term Debt	0.09	0.4	0.44	0.6	0.06	0.51	0.88	0.59	-0.47	0.14	-0.47	0.58	-0.85	0.37	0.45	0.04	-0.14	0.6	0.1	0.19	-0.75	-0.39	-0.63	-0.98	-0.7

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Nicola Mining Account Relationship Matchups

Nicola Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.1M	11.3M	12.4M	18.6M	25.7M	27.0M
Short Long Term Debt Total	5.6M	6.6M	7.0M	5.7M	4.3M	6.0M
Other Current Liab	644.1K	767.1K	569.8K	601.7K	682.2K	648.1K
Total Current Liabilities	923.0K	826.7K	7.0M	1.2M	698.6K	663.6K
Total Stockholder Equity	945.2K	198.8K	841.4K	2.1M	6.3M	6.6M
Net Debt	5.1M	5.7M	6.1M	4.8M	(502.9K)	(477.8K)
Retained Earnings	(87.0M)	(89.9M)	(93.3M)	(93.3M)	(92.7M)	(88.1M)
Accounts Payable	644.1K	671.8K	569.8K	560.3K	644.3K	654.0K
Cash	500.8K	824.7K	916.3K	895.8K	4.8M	5.0M
Non Current Assets Total	10.3M	10.4M	10.6M	16.5M	20.3M	21.3M
Cash And Short Term Investments	500.8K	824.7K	916.3K	895.8K	4.8M	5.0M
Net Receivables	241.0K	100.9K	734.9K	1.2M	566.7K	400.2K
Common Stock Shares Outstanding	116.7M	124.8M	138.5M	146.3M	161.5M	169.6M
Liabilities And Stockholders Equity	11.1M	11.3M	12.4M	18.6M	25.7M	27.0M
Other Current Assets	26.0K	52.7K	93.9K	11.9K	123.0K	129.2K
Other Stockholder Equity	7.5M	7.6M	7.9M	8.2M	8.7M	13.5M
Total Liab	10.1M	11.2M	11.5M	16.5M	19.4M	20.4M
Total Current Assets	767.8K	978.3K	1.7M	2.1M	5.4M	5.7M
Short Term Debt	278.9K	59.7K	6.4M	638.0K	16.4K	15.5K
Property Plant And Equipment Net	9.1M	9.2M	9.4M	15.2M	19.0M	20.0M
Non Current Liabilities Total	9.2M	10.3M	4.5M	15.3M	18.7M	19.7M
Other Liab	3.7M	3.8M	3.9M	10.2M	11.7M	12.3M
Net Tangible Assets	(3.4M)	945.2K	198.8K	841.4K	967.6K	1.0M
Short Long Term Debt	256.4K	43.7K	6.4M	617.3K	555.6K	527.8K
Common Stock	76.6M	78.6M	82.3M	82.9M	85.9M	77.9M
Property Plant Equipment	9.2M	9.1M	9.2M	9.4M	10.8M	9.6M
Long Term Debt	5.4M	6.4M	555.7K	5.1M	4.2M	3.3M
Accumulated Other Comprehensive Income	3.8M	3.9M	3.8M	4.2M	4.4M	3.3M
Net Invested Capital	6.6M	6.7M	7.8M	7.8M	10.5M	7.4M
Net Working Capital	(155.2K)	151.5K	(5.3M)	867.0K	4.7M	5.0M
Capital Stock	76.6M	78.6M	82.3M	82.9M	85.9M	88.3M

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