New Retained Earnings vs Long Term Debt Analysis

GBR Stock

USD 1.18 0.04 3.28%

New Concept financial indicator trend analysis is infinitely more than just investigating New Concept Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Concept Energy is a good investment. Please check the relationship between New Concept Retained Earnings and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Concept Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Concept Energy Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between New Concept's Retained Earnings and Long Term Debt is 0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of New Concept Energy, assuming nothing else is changed. The correlation between historical values of New Concept's Retained Earnings and Long Term Debt 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 New Concept Energy are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., New Concept's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Long Term Debt

Long-term debt is a debt that New Concept Energy has held for over one year. Long-term debt appears on New Concept Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on New Concept Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from New Concept's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Concept Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Concept Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, New Concept's Discontinued Operations is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 2.33, though Enterprise Value Over EBITDA is likely to grow to (556.34).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	437K	374K	338K	321.1K
Cost Of Revenue	77K	57K	51.3K	48.7K

Total Operating Expenses Cost Of Revenue

New Concept fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity	Other Liab	Other Assets
Total Assets		0.97	0.9	0.86	0.78	0.48	0.94	0.89	0.14	0.58	0.84	0.55	0.58	0.26	-0.77	0.92	-0.21	-0.81	0.96	0.49	0.81	0.52	-0.83	0.13	0.77	0.79
Short Long Term Debt Total	0.97		0.88	0.87	0.73	0.46	0.96	0.89	0.16	0.6	0.83	0.58	0.6	0.21	-0.75	0.89	-0.26	-0.81	0.95	0.45	0.83	0.51	-0.84	0.08	0.77	0.8
Other Current Liab	0.9	0.88		0.91	0.67	0.17	0.76	0.93	-0.05	0.77	0.61	0.66	0.77	0.46	-0.59	0.75	-0.16	-0.87	0.87	0.66	0.86	0.22	-0.9	0.33	0.87	0.86
Total Current Liabilities	0.86	0.87	0.91		0.52	0.03	0.82	0.97	0.11	0.56	0.53	0.75	0.56	0.55	-0.6	0.73	-0.12	-0.94	0.89	0.72	0.99	0.09	-0.97	0.41	0.95	0.97
Total Stockholder Equity	0.78	0.73	0.67	0.52		0.46	0.67	0.6	-0.17	0.52	0.7	0.38	0.52	0.2	-0.39	0.55	-0.28	-0.49	0.58	0.32	0.49	0.49	-0.49	0.11	0.48	0.46
Property Plant And Equipment Net	0.48	0.46	0.17	0.03	0.46		0.5	0.08	0.47	0.16	0.83	-0.23	0.16	-0.68	-0.64	0.61	-0.27	0.02	0.42	-0.44	-0.06	1.0	0.02	-0.72	-0.16	-0.12
Net Debt	0.94	0.96	0.76	0.82	0.67	0.5		0.84	0.29	0.35	0.83	0.5	0.35	0.17	-0.76	0.9	-0.28	-0.78	0.93	0.39	0.8	0.54	-0.79	0.05	0.72	0.76
Retained Earnings	0.89	0.89	0.93	0.97	0.6	0.08	0.84		-0.02	0.56	0.57	0.72	0.56	0.55	-0.63	0.76	-0.11	-0.96	0.9	0.72	0.97	0.13	-0.99	0.42	0.97	0.97
Accounts Payable	0.14	0.16	-0.05	0.11	-0.17	0.47	0.29	-0.02		-0.24	0.36	-0.17	-0.24	-0.44	-0.39	0.33	-0.11	0.02	0.27	-0.31	0.01	0.47	0.02	-0.45	-0.12	-0.05
Cash	0.58	0.6	0.77	0.56	0.52	0.16	0.35	0.56	-0.24		0.44	0.45	1.0	0.17	-0.4	0.45	-0.06	-0.47	0.53	0.35	0.49	0.2	-0.52	0.08	0.48	0.47
Non Current Assets Total	0.84	0.83	0.61	0.53	0.7	0.83	0.83	0.57	0.36	0.44		0.34	0.44	-0.28	-0.77	0.86	-0.36	-0.46	0.78	-0.06	0.46	0.85	-0.48	-0.41	0.37	0.4
Non Currrent Assets Other	0.55	0.58	0.66	0.75	0.38	-0.23	0.5	0.72	-0.17	0.45	0.34		0.45	0.56	-0.16	0.37	-0.24	-0.71	0.55	0.46	0.78	-0.19	-0.74	0.36	0.78	0.77
Cash And Short Term Investments	0.58	0.6	0.77	0.56	0.52	0.16	0.35	0.56	-0.24	1.0	0.44	0.45		0.17	-0.4	0.45	-0.06	-0.47	0.53	0.35	0.49	0.2	-0.52	0.08	0.48	0.47
Net Receivables	0.26	0.21	0.46	0.55	0.2	-0.68	0.17	0.55	-0.44	0.17	-0.28	0.56	0.17		0.16	0.04	0.17	-0.57	0.25	0.91	0.62	-0.65	-0.6	0.97	0.72	0.67
Common Stock Shares Outstanding	-0.77	-0.75	-0.59	-0.6	-0.39	-0.64	-0.76	-0.63	-0.39	-0.4	-0.77	-0.16	-0.4	0.16		-0.89	-0.07	0.54	-0.83	-0.17	-0.54	-0.67	0.59	0.24	-0.46	-0.51
Non Current Liabilities Total	0.92	0.89	0.75	0.73	0.55	0.61	0.9	0.76	0.33	0.45	0.86	0.37	0.45	0.04	-0.89		-0.14	-0.69	0.96	0.32	0.67	0.65	-0.72	-0.08	0.63	0.65
Other Current Assets	-0.21	-0.26	-0.16	-0.12	-0.28	-0.27	-0.28	-0.11	-0.11	-0.06	-0.36	-0.24	-0.06	0.17	-0.07	-0.14		0.12	-0.14	0.2	-0.09	-0.28	0.07	0.24	-0.04	-0.08
Other Stockholder Equity	-0.81	-0.81	-0.87	-0.94	-0.49	0.02	-0.78	-0.96	0.02	-0.47	-0.46	-0.71	-0.47	-0.57	0.54	-0.69	0.12		-0.84	-0.74	-0.95	-0.03	0.97	-0.42	-0.96	-0.96
Total Liab	0.96	0.95	0.87	0.89	0.58	0.42	0.93	0.9	0.27	0.53	0.78	0.55	0.53	0.25	-0.83	0.96	-0.14	-0.84		0.5	0.85	0.46	-0.87	0.12	0.8	0.82
Total Current Assets	0.49	0.45	0.66	0.72	0.32	-0.44	0.39	0.72	-0.31	0.35	-0.06	0.46	0.35	0.91	-0.17	0.32	0.2	-0.74	0.5		0.76	-0.4	-0.75	0.88	0.82	0.79
Short Term Debt	0.81	0.83	0.86	0.99	0.49	-0.06	0.8	0.97	0.01	0.49	0.46	0.78	0.49	0.62	-0.54	0.67	-0.09	-0.95	0.85	0.76		-0.01	-0.98	0.49	0.97	0.99
Property Plant And Equipment Gross	0.52	0.51	0.22	0.09	0.49	1.0	0.54	0.13	0.47	0.2	0.85	-0.19	0.2	-0.65	-0.67	0.65	-0.28	-0.03	0.46	-0.4	-0.01		-0.03	-0.69	-0.11	-0.07
Common Stock	-0.83	-0.84	-0.9	-0.97	-0.49	0.02	-0.79	-0.99	0.02	-0.52	-0.48	-0.74	-0.52	-0.6	0.59	-0.72	0.07	0.97	-0.87	-0.75	-0.98	-0.03		-0.46	-0.98	-0.99
Common Stock Total Equity	0.13	0.08	0.33	0.41	0.11	-0.72	0.05	0.42	-0.45	0.08	-0.41	0.36	0.08	0.97	0.24	-0.08	0.24	-0.42	0.12	0.88	0.49	-0.69	-0.46		0.59	0.54
Other Liab	0.77	0.77	0.87	0.95	0.48	-0.16	0.72	0.97	-0.12	0.48	0.37	0.78	0.48	0.72	-0.46	0.63	-0.04	-0.96	0.8	0.82	0.97	-0.11	-0.98	0.59		0.99
Other Assets	0.79	0.8	0.86	0.97	0.46	-0.12	0.76	0.97	-0.05	0.47	0.4	0.77	0.47	0.67	-0.51	0.65	-0.08	-0.96	0.82	0.79	0.99	-0.07	-0.99	0.54	0.99

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New Concept Account Relationship Matchups

New Concept fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8M	4.6M	4.5M	4.6M	4.6M	4.4M
Short Long Term Debt Total	324K	260K	221K	174K	156.6K	148.8K
Other Current Liab	29K	32K	35K	40K	39K	37.1K
Total Current Liabilities	434K	164K	60K	63K	75K	71.3K
Total Stockholder Equity	2.4M	4.3M	4.4M	4.6M	4.6M	4.3M
Property Plant And Equipment Net	1.4M	656K	643K	631K	629K	597.6K
Net Debt	199K	147K	(252K)	(436K)	(447K)	(424.7K)
Retained Earnings	(61.2M)	(59.3M)	(59.2M)	(59.1M)	(59.1M)	(62.0M)
Accounts Payable	355K	80K	28K	23K	36K	34.2K
Cash	22K	27K	252K	436K	447K	424.7K
Non Current Assets Total	1.6M	809K	643K	631K	4.2M	4.0M
Non Currrent Assets Other	214K	153K	(643K)	(631K)	3.5M	4.7M
Cash And Short Term Investments	22K	27K	252K	436K	447K	424.7K
Net Receivables	4.1M	3.7M	3.6M	3.5M	3.2M	2.5M
Liabilities And Stockholders Equity	5.8M	4.6M	4.5M	4.6M	4.6M	4.4M
Non Current Liabilities Total	2.9M	122K	28K	23K	75K	71.3K
Other Current Assets	0.0	92K	3.6M	30K	12K	11.4K
Total Liab	3.4M	286K	60K	63K	75K	71.3K
Total Current Assets	4.1M	3.8M	3.8M	4.0M	459K	436.1K
Property Plant And Equipment Gross	3.4M	3.1M	1.4M	773K	784K	744.8K
Accumulated Other Comprehensive Income	(4.4M)	(4.6M)	(4.7M)	(51K)	(58.7K)	(61.6K)
Property Plant Equipment	668K	656K	643K	631K	567.9K	539.5K
Net Tangible Assets	2.4M	4.3M	4.4M	4.6M	5.3M	3.2M
Retained Earnings Total Equity	(58.4M)	(58.9M)	(61.2M)	(59.3M)	(53.4M)	(56.0M)
Short Long Term Debt	81K	59K	44K	52K	46.8K	44.5K
Cash And Equivalents	22K	27K	252K	436K	501.4K	256.1K
Net Invested Capital	2.6M	4.5M	4.4M	4.6M	4.6M	4.2M

Pair Trading with New Concept

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 New Concept 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 New Concept will appreciate offsetting losses from the drop in the long position's value.

Moving against New Stock

0.36

CPTP

Capital Properties

Pair Corr

The ability to find closely correlated positions to New Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Concept 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 New Concept - 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 New Concept Energy to buy it.

The correlation of New Concept 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 New Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Concept Energy 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 New Concept 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.

Pair Correlation Correlation Matching

Additional Tools for New Stock Analysis

When running New Concept's price analysis, check to measure New Concept'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 New Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.

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