North Dividend Yield vs Pb Ratio Analysis

NAR Stock  CAD 0.13  0.01  7.14%   
North Arrow financial indicator trend analysis is infinitely more than just investigating North Arrow Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Arrow Minerals is a good investment. Please check the relationship between North Arrow Dividend Yield and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Arrow Minerals. 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.

Dividend Yield vs Pb Ratio

Dividend Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Arrow Minerals Dividend Yield account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between North Arrow's Dividend Yield and Pb Ratio is -0.11. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of North Arrow Minerals, assuming nothing else is changed. The correlation between historical values of North Arrow's Dividend Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of North Arrow Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Dividend Yield i.e., North Arrow's Dividend Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is North Arrow Minerals dividend as a percentage of North Arrow stock price. North Arrow Minerals dividend yield is a measure of North Arrow stock productivity, which can be interpreted as interest rate earned on an North Arrow investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Pb Ratio

Most indicators from North Arrow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Arrow Minerals 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 North Arrow Minerals. 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.
Issuance Of Capital Stock is likely to climb to about 2.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 815.2 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses841.3K822.3K1.4M1.0M
Depreciation And Amortization50.5K43.7K42.0K24.7K

North Arrow fundamental ratios Correlations

0.480.641.00.95-0.010.350.010.950.010.180.71-0.460.410.02-0.78-0.23-0.450.360.690.770.88-0.330.070.73-0.5
0.480.840.440.530.23-0.17-0.190.52-0.19-0.230.4-0.080.78-0.2-0.37-0.460.19-0.070.650.530.56-0.540.080.65-0.62
0.640.840.580.650.170.24-0.120.65-0.120.040.63-0.160.89-0.12-0.64-0.440.17-0.230.590.720.65-0.67-0.180.63-0.83
1.00.440.580.94-0.030.350.020.940.030.180.69-0.50.340.04-0.76-0.2-0.50.40.670.740.86-0.290.090.71-0.45
0.950.530.650.940.310.2-0.321.0-0.310.10.74-0.370.46-0.3-0.8-0.39-0.290.440.760.860.97-0.360.110.8-0.56
-0.010.230.17-0.030.31-0.38-0.990.31-0.99-0.180.340.30.3-0.99-0.29-0.540.480.20.340.460.45-0.250.080.38-0.37
0.35-0.170.240.350.2-0.380.380.20.380.670.22-0.30.10.39-0.350.23-0.4-0.16-0.070.140.120.06-0.460.0-0.1
0.01-0.19-0.120.02-0.32-0.990.38-0.321.00.18-0.3-0.22-0.211.00.240.52-0.41-0.26-0.32-0.43-0.450.18-0.12-0.370.3
0.950.520.650.941.00.310.2-0.32-0.310.10.75-0.360.46-0.3-0.8-0.39-0.290.430.760.860.97-0.360.110.8-0.57
0.01-0.19-0.120.03-0.31-0.990.381.0-0.310.18-0.3-0.22-0.221.00.240.52-0.43-0.24-0.32-0.43-0.440.2-0.11-0.360.31
0.18-0.230.040.180.1-0.180.670.180.10.180.110.00.040.2-0.170.29-0.27-0.16-0.17-0.050.050.11-0.25-0.120.17
0.710.40.630.690.740.340.22-0.30.75-0.30.11-0.190.52-0.3-0.91-0.430.010.010.70.920.84-0.67-0.080.79-0.82
-0.46-0.08-0.16-0.5-0.370.3-0.3-0.22-0.36-0.220.0-0.190.3-0.230.12-0.110.59-0.23-0.15-0.19-0.30.0-0.13-0.180.07
0.410.780.890.340.460.30.1-0.210.46-0.220.040.520.3-0.22-0.56-0.480.43-0.330.50.610.49-0.64-0.230.52-0.77
0.02-0.2-0.120.04-0.3-0.990.391.0-0.31.00.2-0.3-0.23-0.220.240.52-0.43-0.24-0.32-0.43-0.430.2-0.11-0.360.31
-0.78-0.37-0.64-0.76-0.8-0.29-0.350.24-0.80.24-0.17-0.910.12-0.560.240.290.17-0.12-0.6-0.88-0.830.560.01-0.70.76
-0.23-0.46-0.44-0.2-0.39-0.540.230.52-0.390.520.29-0.43-0.11-0.480.520.29-0.46-0.09-0.77-0.64-0.510.350.37-0.720.53
-0.450.190.17-0.5-0.290.48-0.4-0.41-0.29-0.43-0.270.010.590.43-0.430.17-0.46-0.46-0.020.05-0.17-0.34-0.27-0.03-0.35
0.36-0.07-0.230.40.440.2-0.16-0.260.43-0.24-0.160.01-0.23-0.33-0.24-0.12-0.09-0.460.30.180.390.490.470.280.28
0.690.650.590.670.760.34-0.07-0.320.76-0.32-0.170.7-0.150.5-0.32-0.6-0.77-0.020.30.830.84-0.42-0.090.98-0.57
0.770.530.720.740.860.460.14-0.430.86-0.43-0.050.92-0.190.61-0.43-0.88-0.640.050.180.830.93-0.61-0.070.88-0.82
0.880.560.650.860.970.450.12-0.450.97-0.440.050.84-0.30.49-0.43-0.83-0.51-0.170.390.840.93-0.450.070.89-0.65
-0.33-0.54-0.67-0.29-0.36-0.250.060.18-0.360.20.11-0.670.0-0.640.20.560.35-0.340.49-0.42-0.61-0.45-0.03-0.480.8
0.070.08-0.180.090.110.08-0.46-0.120.11-0.11-0.25-0.08-0.13-0.23-0.110.010.37-0.270.47-0.09-0.070.07-0.03-0.060.21
0.730.650.630.710.80.380.0-0.370.8-0.36-0.120.79-0.180.52-0.36-0.7-0.72-0.030.280.980.880.89-0.48-0.06-0.65
-0.5-0.62-0.83-0.45-0.56-0.37-0.10.3-0.570.310.17-0.820.07-0.770.310.760.53-0.350.28-0.57-0.82-0.650.80.21-0.65
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North Arrow Account Relationship Matchups

North Arrow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.0M20.6M20.1M16.2M17.9M12.5M
Other Current Liab288.1K1.1M904.1K188.4K172.1K257.0K
Total Current Liabilities477.1K1.6M1.7M1.1M1.0M600.2K
Total Stockholder Equity19.5M19.0M18.3M15.0M16.7M11.8M
Property Plant And Equipment Net19.3M19.4M19.0M15.9M17.1M10.8M
Net Debt(484.8K)(680.2K)(467.1K)322.0K143.4K150.6K
Accounts Payable98.4K77.5K317.3K358.7K235.8K270.7K
Cash579.6K1.1M1.0M271.5K428.6K407.1K
Non Current Assets Total19.3M19.4M19.0M15.9M17.4M10.8M
Cash And Short Term Investments651.5K1.1M1.0M274.4K429.8K408.3K
Net Receivables19.8K17.9K61.7K16.1K82.3K53.4K
Common Stock Shares Outstanding106.8M110.9M120.1M126.7M174.0M182.7M
Liabilities And Stockholders Equity20.0M20.6M20.1M16.2M17.9M12.5M
Non Current Liabilities Total4.2K883.057.0K23.9K196.0K113.8K
Total Liab481.3K1.6M1.8M1.1M1.2M704.5K
Total Current Assets704.7K1.2M1.1M296.1K524.0K497.8K
Retained Earnings(23.0M)(23.6M)(25.3M)(29.5M)(30.4M)(28.9M)
Other Stockholder Equity5.3M5.3M5.5M5.8M5.2M9.9M
Short Term Investments71.9K27.5K10K2.9K1.3K1.2K
Accumulated Other Comprehensive Income5.3M5.3M5.5M5.8M6.3M3.9M
Net Tangible Assets19.5M19.0M18.3M15.0M17.3M17.5M
Common Stock37.1M37.2M38.2M38.8M40.8M36.9M
Property Plant Equipment19.3M19.4M19.0M15.9M18.3M16.1M
Other Current Assets33.4K29.9K16.6K5.6K11.9K17.6K
Net Invested Capital19.5M19.4M18.8M15.6M17.2M19.1M
Net Working Capital227.6K(439.6K)(624.1K)(820.6K)(487.7K)(463.3K)
Capital Stock37.1M37.2M38.2M38.8M40.8M41.8M

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