Nicola Short Long Term Debt Total vs Net Receivables Analysis
NIM Stock | CAD 0.28 0.01 3.70% |
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 Short Long Term Debt Total and its Net Receivables 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.
Short Long Term Debt Total vs Net Receivables
Short Long Term Debt Total vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nicola Mining Short Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nicola Mining's Short Long Term Debt Total and Net Receivables is 0.5. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Receivables 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 Short Long Term Debt Total 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 Short Long Term Debt Total of Nicola Mining 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 Short Long Term Debt Total i.e., Nicola Mining's Short Long Term Debt Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Long Term Debt Total
Net Receivables
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
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Nicola Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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