Northstar Total Assets vs Common Stock Shares Outstanding Analysis

ROOF Stock   0.34  0.01  3.03%   
Northstar Clean financial indicator trend analysis is infinitely more than just investigating Northstar Clean Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northstar Clean Tech is a good investment. Please check the relationship between Northstar Clean Total Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northstar Clean Tech Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Northstar Clean's Total Assets and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Northstar Clean Technologies, assuming nothing else is changed. The correlation between historical values of Northstar Clean's Total Assets 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 Total Assets of Northstar Clean Technologies 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 Total Assets i.e., Northstar Clean's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Northstar Clean assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northstar Clean Tech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Northstar Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northstar Clean Tech 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to drop to about 4.2 M in 2024. Tax Provision is likely to drop to about (274.9 K) in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation462.0K1.1M1.1M820.0K
Total Operating Expenses6.8M8.1M6.6M7.7M

Northstar Clean fundamental ratios Correlations

-0.060.80.97-0.840.90.960.970.850.820.860.980.830.16-0.850.95-0.850.960.930.940.860.85-0.66-0.66
-0.06-0.590.040.010.06-0.070.010.36-0.160.2-0.030.28-0.9-0.010.120.38-0.13-0.15-0.280.350.4-0.23-0.23
0.8-0.590.67-0.570.550.840.680.440.620.550.720.480.71-0.580.6-0.790.870.720.930.40.44-0.42-0.42
0.970.040.67-0.910.970.881.00.890.890.91.00.87-0.02-0.930.99-0.870.870.970.840.940.89-0.69-0.69
-0.840.01-0.57-0.91-0.94-0.69-0.92-0.89-0.98-0.94-0.9-0.920.111.0-0.920.91-0.68-0.95-0.66-0.89-0.850.830.83
0.90.060.550.97-0.940.750.980.870.940.880.970.85-0.14-0.950.98-0.880.740.970.70.950.85-0.66-0.66
0.96-0.070.840.88-0.690.750.870.770.650.770.890.740.28-0.70.84-0.721.00.810.980.740.8-0.6-0.6
0.970.010.681.0-0.920.980.870.880.910.91.00.870.0-0.930.99-0.890.860.980.830.940.88-0.68-0.68
0.850.360.440.89-0.890.870.770.880.790.980.870.99-0.31-0.90.91-0.690.740.820.660.950.99-0.9-0.9
0.82-0.160.620.89-0.980.940.650.910.790.870.90.830.0-0.980.89-0.960.660.960.660.830.75-0.72-0.72
0.860.20.550.9-0.940.880.770.90.980.870.881.0-0.18-0.950.9-0.780.760.860.70.910.96-0.93-0.93
0.98-0.030.721.0-0.90.970.891.00.870.90.880.850.04-0.920.99-0.890.880.980.860.920.86-0.66-0.66
0.830.280.480.87-0.920.850.740.870.990.831.00.85-0.25-0.920.88-0.730.720.820.660.910.97-0.95-0.95
0.16-0.90.71-0.020.11-0.140.280.0-0.310.0-0.180.04-0.250.11-0.12-0.260.330.090.46-0.35-0.310.210.21
-0.85-0.01-0.58-0.931.0-0.95-0.7-0.93-0.9-0.98-0.95-0.92-0.920.11-0.930.91-0.7-0.95-0.68-0.9-0.860.820.82
0.950.120.60.99-0.920.980.840.990.910.890.90.990.88-0.12-0.93-0.850.820.960.780.970.9-0.69-0.69
-0.850.38-0.79-0.870.91-0.88-0.72-0.89-0.69-0.96-0.78-0.89-0.73-0.260.91-0.85-0.74-0.96-0.77-0.72-0.640.620.62
0.96-0.130.870.87-0.680.741.00.860.740.660.760.880.720.33-0.70.82-0.740.810.990.710.77-0.59-0.59
0.93-0.150.720.97-0.950.970.810.980.820.960.860.980.820.09-0.950.96-0.960.810.810.870.79-0.66-0.66
0.94-0.280.930.84-0.660.70.980.830.660.660.70.860.660.46-0.680.78-0.770.990.810.630.68-0.53-0.53
0.860.350.40.94-0.890.950.740.940.950.830.910.920.91-0.35-0.90.97-0.720.710.870.630.95-0.73-0.73
0.850.40.440.89-0.850.850.80.880.990.750.960.860.97-0.31-0.860.9-0.640.770.790.680.95-0.87-0.87
-0.66-0.23-0.42-0.690.83-0.66-0.6-0.68-0.9-0.72-0.93-0.66-0.950.210.82-0.690.62-0.59-0.66-0.53-0.73-0.871.0
-0.66-0.23-0.42-0.690.83-0.66-0.6-0.68-0.9-0.72-0.93-0.66-0.950.210.82-0.690.62-0.59-0.66-0.53-0.73-0.871.0
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Northstar Clean Account Relationship Matchups

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Additional Tools for Northstar Stock Analysis

When running Northstar Clean's price analysis, check to measure Northstar Clean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northstar Clean is operating at the current time. Most of Northstar Clean's value examination focuses on studying past and present price action to predict the probability of Northstar Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northstar Clean's price. Additionally, you may evaluate how the addition of Northstar Clean to your portfolios can decrease your overall portfolio volatility.