Northern Minerals Price To Sales vs. Total Debt
| NUN Stock | EUR 0.01 0.00 0.00% |
For Northern Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Minerals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Minerals Limited over time as well as its relative position and ranking within its peers.
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Northern Minerals Total Debt vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Minerals's current stock value. Our valuation model uses many indicators to compare Northern Minerals value to that of its competitors to determine the firm's financial worth. Northern Minerals Limited is considered to be number one stock in price to sales category among its peers. It is regarded third in total debt category among its peers making up about 6,531 of Total Debt per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Minerals' earnings, one of the primary drivers of an investment's value.Northern Total Debt vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 28.59 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Northern Minerals |
| = | 186.72 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Northern Total Debt vs Competition
Northern Minerals Limited is regarded third in total debt category among its peers. Total debt of Industrial Metals & Minerals industry is now estimated at about 32.88 Billion. Northern Minerals adds roughly 186,725 in total debt claiming only tiny portion of equities under Industrial Metals & Minerals industry.
Northern Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Northern Minerals' change in net profit over the period of time. It can combine multiple indicators of Northern Minerals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Northern Minerals Limited engages in the exploration and evaluation of rare earth element mineral interests in Australia. Northern Minerals Limited was incorporated in 2006 and is based in West Perth, Australia. NORTHERN MINERALS operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Minerals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Minerals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Minerals' important profitability drivers and their relationship over time.
Use Northern Minerals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Minerals will appreciate offsetting losses from the drop in the long position's value.Northern Minerals Pair Trading
Northern Minerals Limited Pair Trading Analysis
The ability to find closely correlated positions to Northern Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Minerals Limited to buy it.
The correlation of Northern Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Northern Minerals position
In addition to having Northern Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Northern Stock
To fully project Northern Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Minerals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Minerals' income statement, its balance sheet, and the statement of cash flows.