North Discontinued Operations vs Gross Profit Analysis

000737 Stock   9.06  0.13  1.41%   
North Copper financial indicator trend analysis is infinitely more than just investigating North Copper Shanxi recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Copper Shanxi is a good investment. Please check the relationship between North Copper Discontinued Operations and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in North Copper Shanxi. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Discontinued Operations vs Gross Profit

Discontinued Operations vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Copper Shanxi Discontinued Operations account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between North Copper's Discontinued Operations and Gross Profit is 0.53. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Gross Profit in the same time period over historical financial statements of North Copper Shanxi, assuming nothing else is changed. The correlation between historical values of North Copper's Discontinued Operations and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of North Copper Shanxi are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Discontinued Operations i.e., North Copper's Discontinued Operations and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Discontinued Operations

Gross Profit

Gross profit is a required income statement account that reflects total revenue of North Copper Shanxi minus its cost of goods sold. It is profit before North Copper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from North Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Copper Shanxi 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in North Copper Shanxi. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 247.1 M, whereas Selling General Administrative is forecasted to decline to about 56.5 M.
 2022 2024 2025 (projected)
Other Operating Expenses111.9M128.7M69.4M
Gross Profit1.3B1.6B823.7M

North Copper fundamental ratios Correlations

-0.490.80.950.850.750.850.880.94-0.610.950.640.980.650.930.860.750.470.85-0.560.790.880.880.351.00.05
-0.49-0.23-0.59-0.57-0.17-0.47-0.59-0.570.61-0.57-0.43-0.41-0.4-0.55-0.48-0.62-0.72-0.640.75-0.56-0.62-0.56-0.59-0.52-0.31
0.8-0.230.660.560.880.50.620.87-0.460.880.640.840.510.660.790.710.320.7-0.40.680.780.90.250.780.34
0.95-0.590.660.960.540.940.860.89-0.70.920.760.880.550.980.90.840.530.93-0.680.740.80.870.380.960.14
0.85-0.570.560.960.410.910.790.82-0.60.830.790.750.40.910.890.840.430.9-0.640.60.650.820.30.860.24
0.75-0.170.880.540.410.350.670.78-0.240.750.30.840.70.520.570.440.240.48-0.180.630.760.720.220.750.11
0.85-0.470.50.940.910.350.760.73-0.670.770.750.750.480.960.830.770.450.87-0.640.610.630.730.310.850.05
0.88-0.590.620.860.790.670.760.89-0.690.840.610.850.730.860.790.740.690.82-0.680.760.840.780.610.910.2
0.94-0.570.870.890.820.780.730.89-0.690.980.740.920.610.860.910.860.560.9-0.660.820.890.970.420.950.36
-0.610.61-0.46-0.7-0.6-0.24-0.67-0.69-0.69-0.69-0.77-0.53-0.43-0.75-0.72-0.81-0.82-0.830.94-0.64-0.65-0.69-0.62-0.63-0.42
0.95-0.570.880.920.830.750.770.840.98-0.690.750.930.620.90.910.870.560.91-0.670.820.910.980.420.950.28
0.64-0.430.640.760.790.30.750.610.74-0.770.750.540.220.780.930.960.530.92-0.770.540.520.830.40.650.64
0.98-0.410.840.880.750.840.750.850.92-0.530.930.540.680.860.790.670.420.76-0.460.780.90.850.320.98-0.01
0.65-0.40.510.550.40.70.480.730.61-0.430.620.220.680.590.390.370.570.48-0.420.60.750.530.540.67-0.07
0.93-0.550.660.980.910.520.960.860.86-0.750.90.780.860.590.90.840.590.93-0.720.730.80.850.450.940.12
0.86-0.480.790.90.890.570.830.790.91-0.720.910.930.790.390.90.960.510.96-0.710.70.710.940.370.860.49
0.75-0.620.710.840.840.440.770.740.86-0.810.870.960.670.370.840.960.630.98-0.840.680.690.920.490.770.62
0.47-0.720.320.530.430.240.450.690.56-0.820.560.530.420.570.590.510.630.65-0.870.60.710.540.940.510.34
0.85-0.640.70.930.90.480.870.820.9-0.830.910.920.760.480.930.960.980.65-0.840.720.750.930.490.860.46
-0.560.75-0.4-0.68-0.64-0.18-0.64-0.68-0.660.94-0.67-0.77-0.46-0.42-0.72-0.71-0.84-0.87-0.84-0.63-0.65-0.69-0.73-0.59-0.49
0.79-0.560.680.740.60.630.610.760.82-0.640.820.540.780.60.730.70.680.60.72-0.630.820.770.470.80.2
0.88-0.620.780.80.650.760.630.840.89-0.650.910.520.90.750.80.710.690.710.75-0.650.820.840.630.890.09
0.88-0.560.90.870.820.720.730.780.97-0.690.980.830.850.530.850.940.920.540.93-0.690.770.840.410.890.47
0.35-0.590.250.380.30.220.310.610.42-0.620.420.40.320.540.450.370.490.940.49-0.730.470.630.410.380.27
1.0-0.520.780.960.860.750.850.910.95-0.630.950.650.980.670.940.860.770.510.86-0.590.80.890.890.380.08
0.05-0.310.340.140.240.110.050.20.36-0.420.280.64-0.01-0.070.120.490.620.340.46-0.490.20.090.470.270.08
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North Copper Account Relationship Matchups

North Copper fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B8.3B8.5B15.3B17.5B18.4B
Other Current Liab112.2M161.2M143.0M1.9M1.7M1.6M
Total Current Liabilities4.2B3.1B1.7B5.0B5.7B6.0B
Total Stockholder Equity501.7M3.8B4.3B4.9B5.6B5.9B
Retained Earnings(582.7M)342.1M949.9M896.7M807.0M847.4M
Accounts Payable903.3M222.8M407.6M1.9B2.2B2.3B
Cash286.7M1.1B1.2B910.2M1.0B1.1B
Other Assets34.9M31.5M28.7M164.8M189.6M199.1M
Long Term Debt2.5B1.2B2.3B5.1B5.9B6.2B
Net Receivables96.0M32.6M3.4M1.4M1.2M1.2M
Inventory2.1B2.7B1.7B4.8B5.5B5.8B
Other Current Assets582.3M538.9M545.5M403.1M463.5M486.7M
Total Liab743.4M4.5B4.2B10.4B11.9B12.5B
Intangible Assets83.7M196.7M223.9M396.9M456.5M479.3M
Property Plant Equipment514.3M4.0B3.7B4.7B5.4B5.7B
Other Liab23.6M138.4M110.0M118.2M136.0M142.8M
Net Tangible Assets184.1M3.0B3.6B4.1B4.7B4.9B
Short Long Term Debt348.4M807.3M180.4M1.7B2.0B2.1B
Total Current Assets5.6B4.4B3.4B6.8B7.8B8.2B
Non Current Assets Total695.6M3.9B5.1B8.5B9.7B10.2B
Non Currrent Assets Other445.9M8.0M150.5M65.0M74.8M99.8M
Non Current Liabilities Total29.6M1.4B2.5B5.4B6.2B6.6B
Non Current Liabilities Other112.6M17.7M98.4M114.7M103.2M105.3M
Net Debt61.7M939.4M1.3B5.9B6.8B7.2B
Net Invested Capital850.1M5.8B6.8B11.7B13.5B14.1B
Net Working Capital(153.4M)1.3B1.7B1.8B2.1B2.2B
Property Plant And Equipment Net445.5M3.7B4.7B8.0B9.2B9.7B
Property Plant And Equipment Gross1.0B5.8B4.7B10.7B12.3B12.9B

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Other Information on Investing in North Stock

Balance Sheet is a snapshot of the financial position of North Copper Shanxi at a specified time, usually calculated after every quarter, six months, or one year. North Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which North currently owns. An asset can also be divided into two categories, current and non-current.