New Investments vs Net Income Analysis
NUAG Stock | CAD 1.68 0.15 8.20% |
New Pacific financial indicator trend analysis is infinitely more than just investigating New Pacific Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Pacific Metals is a good investment. Please check the relationship between New Pacific Investments and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. 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.
Investments vs Net Income
Investments vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Pacific Metals Investments account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between New Pacific's Investments and Net Income is -0.1. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income in the same time period over historical financial statements of New Pacific Metals, assuming nothing else is changed. The correlation between historical values of New Pacific's Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of New Pacific Metals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., New Pacific's Investments and Net Income go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in New Pacific Metals financial statement analysis. It represents the amount of money remaining after all of New Pacific Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from New Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Pacific Metals 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 New Pacific Metals. 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. As of the 30th of March 2025, Selling General Administrative is likely to grow to about 7.9 M, while Issuance Of Capital Stock is likely to drop about 15.4 M.
New Pacific fundamental ratios Correlations
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New Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Pacific fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 126.8M | 124.1M | 118.3M | 137.7M | 158.3M | 166.2M | |
Other Current Liab | 957.0K | 467.9K | 1.8M | 945.1K | 1.1M | 726.7K | |
Total Current Liabilities | 1.1M | 3.9M | 2.3M | 1.2M | 1.4M | 1.1M | |
Total Stockholder Equity | 125.7M | 120.3M | 116.1M | 136.6M | 157.1M | 165.0M | |
Property Plant And Equipment Net | 76.7M | 86.8M | 104.9M | 115.0M | 132.3M | 138.9M | |
Net Debt | (29.8M) | (46.4M) | (29.3M) | (6.3M) | (5.7M) | (6.0M) | |
Retained Earnings | (54.1M) | (60.5M) | (68.6M) | (74.6M) | (67.2M) | (63.8M) | |
Accounts Payable | 626.7K | 2.1M | 1.4M | 575.3K | 661.6K | 496.2K | |
Cash | 46.4M | 29.3M | 6.3M | 22.0M | 25.2M | 13.5M | |
Non Current Assets Total | 79.4M | 90.9M | 110.8M | 115.1M | 132.3M | 138.9M | |
Non Currrent Assets Other | (101.8K) | (95.6K) | (112.3K) | (139.4K) | (125.5K) | (119.2K) | |
Cash And Short Term Investments | 44.9M | 46.6M | 29.5M | 6.5M | 7.5M | 7.1M | |
Net Receivables | 343.6K | 3.2M | 421.9K | 51.3K | 59.0K | 56.1K | |
Common Stock Shares Outstanding | 153.3M | 155.6M | 156.9M | 171.3M | 197.0M | 206.8M | |
Liabilities And Stockholders Equity | 130.9M | 126.8M | 124.1M | 118.3M | 136.1M | 142.9M | |
Other Current Assets | 8.7M | 523.1K | 479.3K | 558.85 | 642.68 | 610.54 | |
Other Stockholder Equity | (142.9K) | (118.4K) | (119.9K) | (115.5K) | (104.0K) | (98.8K) | |
Total Liab | 1.1M | 3.9M | 2.3M | 1.2M | 1.4M | 1.1M | |
Total Current Assets | 47.5M | 33.2M | 7.5M | 22.6M | 26.0M | 21.3M | |
Accumulated Other Comprehensive Income | 4.8M | 13.6M | 11.7M | 10.2M | 11.8M | 12.4M | |
Short Term Investments | 143.9K | 192.4K | 198.4K | 258.7K | 232.8K | 221.2K | |
Common Stock | 140.3M | 149.6M | 153.7M | 155.8M | 179.2M | 97.6M | |
Net Tangible Assets | 176.7M | 125.7M | 120.2M | 116.1M | 133.5M | 124.9M | |
Net Invested Capital | 125.7M | 120.3M | 116.1M | 136.6M | 157.1M | 128.1M | |
Long Term Investments | 496.5K | 496.7K | 283.1K | 56.5K | 50.9K | 48.3K | |
Net Working Capital | 46.4M | 29.3M | 5.2M | 21.4M | 19.2M | 26.2M | |
Property Plant Equipment | 96.5M | 76.6M | 86.7M | 104.9M | 120.7M | 80.6M | |
Capital Stock | 149.6M | 153.7M | 155.8M | 182.0M | 209.3M | 164.2M | |
Intangible Assets | 121.5 | 91.51 | 60.9 | 30.5 | 35.07 | 66.98 | |
Property Plant And Equipment Gross | 77.1M | 87.4M | 105.7M | 115.8M | 133.2M | 100.9M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. 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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.