Nevada Retained Earnings vs Common Stock Shares Outstanding Analysis

NKG Stock

CAD 0.30 0.01 3.23%

Nevada King financial indicator trend analysis is infinitely more than just investigating Nevada King Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nevada King Gold is a good investment. Please check the relationship between Nevada King Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevada King 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nevada King Gold Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between Nevada King's Retained Earnings and Common Stock Shares Outstanding is -0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Nevada King Gold, assuming nothing else is changed. The correlation between historical values of Nevada King's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Nevada King Gold are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Nevada King's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Nevada King's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nevada King 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 King 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 King's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.41 in 2025, whereas Enterprise Value Over EBITDA is likely to drop (5.36) in 2025.

	2022	2023	2024	2025 (projected)
Interest Income	423.1K	405.4K	466.2K	489.5K
Net Interest Income	423.1K	405.4K	466.2K	489.5K

Interest Income Net Interest Income

Nevada King fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Net Receivables	Other Stockholder Equity	Capital Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Other Current Assets	Deferred Long Term Liab	Property Plant And Equipment Gross
Other Current Liab		0.41	0.64	-0.6	0.58	0.66	0.6	0.67	0.66	0.55	0.64	0.65	0.66	0.63	0.57	0.46	0.24	0.61	0.52	0.66	0.68	-0.19	-0.19	0.53
Total Current Liabilities	0.41		0.45	-0.58	0.62	0.46	0.48	0.2	0.19	0.3	0.46	0.71	0.19	-0.02	-0.08	0.24	-0.31	0.54	0.25	0.31	0.4	-0.21	-0.21	0.31
Net Tangible Assets	0.64	0.45		-0.92	0.89	1.0	0.99	0.88	0.87	0.83	0.98	0.79	0.87	0.63	0.57	0.52	0.0	0.92	0.86	0.89	0.93	-0.6	-0.6	0.9
Retained Earnings	-0.6	-0.58	-0.92		-0.97	-0.92	-0.92	-0.66	-0.65	-0.61	-0.96	-0.86	-0.65	-0.43	-0.35	-0.53	0.07	-0.92	-0.64	-0.81	-0.84	0.58	0.58	-0.71
Accounts Payable	0.58	0.62	0.89	-0.97		0.9	0.89	0.59	0.58	0.56	0.94	0.89	0.58	0.4	0.31	0.5	-0.12	0.85	0.58	0.75	0.77	-0.67	-0.67	0.66
Common Stock	0.66	0.46	1.0	-0.92	0.9		1.0	0.86	0.86	0.83	0.99	0.8	0.86	0.59	0.52	0.46	-0.07	0.92	0.86	0.85	0.91	-0.62	-0.62	0.9
Property Plant Equipment	0.6	0.48	0.99	-0.92	0.89	1.0		0.85	0.85	0.84	0.98	0.78	0.85	0.54	0.47	0.42	-0.12	0.93	0.87	0.83	0.9	-0.61	-0.61	0.92
Total Assets	0.67	0.2	0.88	-0.66	0.59	0.86	0.85		1.0	0.94	0.79	0.6	1.0	0.77	0.74	0.43	0.13	0.8	0.95	0.83	0.91	-0.29	-0.29	0.94
Total Stockholder Equity	0.66	0.19	0.87	-0.65	0.58	0.86	0.85	1.0		0.94	0.78	0.59	1.0	0.77	0.74	0.42	0.14	0.79	0.95	0.83	0.91	-0.29	-0.29	0.94
Cash	0.55	0.3	0.83	-0.61	0.56	0.83	0.84	0.94	0.94		0.73	0.61	0.94	0.56	0.51	0.18	-0.17	0.78	0.98	0.66	0.81	-0.24	-0.24	0.97
Common Stock Shares Outstanding	0.64	0.46	0.98	-0.96	0.94	0.99	0.98	0.79	0.78	0.73		0.8	0.78	0.54	0.47	0.49	-0.06	0.91	0.78	0.84	0.88	-0.68	-0.68	0.83
Total Liab	0.65	0.71	0.79	-0.86	0.89	0.8	0.78	0.6	0.59	0.61	0.8		0.59	0.42	0.32	0.5	-0.09	0.82	0.55	0.69	0.76	-0.31	-0.31	0.6
Net Invested Capital	0.66	0.19	0.87	-0.65	0.58	0.86	0.85	1.0	1.0	0.94	0.78	0.59		0.77	0.74	0.42	0.14	0.79	0.95	0.83	0.91	-0.29	-0.29	0.94
Total Current Assets	0.63	-0.02	0.63	-0.43	0.4	0.59	0.54	0.77	0.77	0.56	0.54	0.42	0.77		0.99	0.77	0.7	0.44	0.56	0.84	0.76	-0.22	-0.22	0.55
Net Working Capital	0.57	-0.08	0.57	-0.35	0.31	0.52	0.47	0.74	0.74	0.51	0.47	0.32	0.74	0.99		0.76	0.74	0.37	0.52	0.8	0.71	-0.19	-0.19	0.51
Net Receivables	0.46	0.24	0.52	-0.53	0.5	0.46	0.42	0.43	0.42	0.18	0.49	0.5	0.42	0.77	0.76		0.76	0.43	0.19	0.82	0.68	-0.27	-0.27	0.23
Other Stockholder Equity	0.24	-0.31	0.0	0.07	-0.12	-0.07	-0.12	0.13	0.14	-0.17	-0.06	-0.09	0.14	0.7	0.74	0.76		-0.13	-0.15	0.43	0.23	0.08	0.08	-0.17
Capital Stock	0.61	0.54	0.92	-0.92	0.85	0.92	0.93	0.8	0.79	0.78	0.91	0.82	0.79	0.44	0.37	0.43	-0.13		0.8	0.82	0.91	-0.41	-0.41	0.84
Property Plant And Equipment Net	0.52	0.25	0.86	-0.64	0.58	0.86	0.87	0.95	0.95	0.98	0.78	0.55	0.95	0.56	0.52	0.19	-0.15	0.8		0.69	0.82	-0.34	-0.34	0.99
Non Currrent Assets Other	0.66	0.31	0.89	-0.81	0.75	0.85	0.83	0.83	0.83	0.66	0.84	0.69	0.83	0.84	0.8	0.82	0.43	0.82	0.69		0.97	-0.44	-0.44	0.72
Other Assets	0.68	0.4	0.93	-0.84	0.77	0.91	0.9	0.91	0.91	0.81	0.88	0.76	0.91	0.76	0.71	0.68	0.23	0.91	0.82	0.97		-0.36	-0.36	0.84
Other Current Assets	-0.19	-0.21	-0.6	0.58	-0.67	-0.62	-0.61	-0.29	-0.29	-0.24	-0.68	-0.31	-0.29	-0.22	-0.19	-0.27	0.08	-0.41	-0.34	-0.44	-0.36		1.0	-0.42
Deferred Long Term Liab	-0.19	-0.21	-0.6	0.58	-0.67	-0.62	-0.61	-0.29	-0.29	-0.24	-0.68	-0.31	-0.29	-0.22	-0.19	-0.27	0.08	-0.41	-0.34	-0.44	-0.36	1.0		-0.42
Property Plant And Equipment Gross	0.53	0.31	0.9	-0.71	0.66	0.9	0.92	0.94	0.94	0.97	0.83	0.6	0.94	0.55	0.51	0.23	-0.17	0.84	0.99	0.72	0.84	-0.42	-0.42

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Nevada King Account Relationship Matchups

Nevada King fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	156.4K	255.6K	1.3M	755.3K	868.6K	625.2K
Net Tangible Assets	7.4M	9.3M	28.4M	74.5M	85.7M	89.9M
Retained Earnings	(32.6M)	(42.4M)	(100.1M)	(127.1M)	(114.4M)	(108.6M)
Accounts Payable	124.9K	156.4K	249.8K	1.3M	1.5M	1.5M
Common Stock	33.3M	37.4M	40.9M	114.8M	132.1M	138.7M
Property Plant Equipment	3.1M	7.6M	8.1M	59.9M	68.8M	72.3M
Total Assets	28.6M	74.7M	37.7M	36.2M	41.6M	30.7M
Total Stockholder Equity	28.4M	74.5M	36.4M	35.5M	40.8M	30.2M
Cash	987.7K	13.2M	7.9M	5.4M	6.3M	5.0M
Non Current Assets Total	9.4M	61.5M	29.5M	30.6M	35.2M	22.3M
Common Stock Shares Outstanding	99.1M	243.6M	278.6M	343.5M	395.0M	414.8M
Total Liab	156.4K	255.6K	1.3M	755.3K	868.6K	491.4K
Net Invested Capital	28.4M	74.5M	36.4M	35.5M	40.8M	30.2M
Total Current Assets	19.2M	13.2M	8.2M	5.6M	6.5M	8.3M
Net Working Capital	19.0M	13.0M	6.9M	4.9M	5.6M	7.9M
Net Receivables	70.4K	16.2K	44.7K	35.7K	41.0K	36.2K
Capital Stock	40.9M	114.8M	130.5M	156.4M	179.9M	94.1M
Property Plant And Equipment Net	8.1M	59.9M	28.5M	29.5M	33.9M	29.4M
Non Currrent Assets Other	1.3M	908.5K	983.9K	1.1M	1.3M	962.1K

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