North Net Invested Capital vs Cash 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 Net Invested Capital and its Cash 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.

Net Invested Capital vs Cash

Net Invested Capital vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Arrow Minerals Net Invested Capital account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between North Arrow's Net Invested Capital and Cash is -0.37. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash 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 Net Invested Capital and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of North Arrow Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., North Arrow's Net Invested Capital and Cash go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Cash

Cash refers to the most liquid asset of North Arrow Minerals, which is listed under current asset account on North Arrow Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from North Arrow customers. The amounts must be unrestricted with restricted cash listed in a different North Arrow account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Expenses	841.3K	822.3K	1.4M	1.0M
Depreciation And Amortization	50.5K	43.7K	42.0K	24.7K

Other Operating Expenses Depreciation And Amortization

North Arrow fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Retained Earnings	Other Stockholder Equity	Short Long Term Debt Total	Short Term Investments	Net Tangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Current Assets	Net Invested Capital	Net Working Capital
Total Assets		0.48	0.64	1.0	0.95	-0.01	0.35	0.01	0.95	0.01	0.18	0.71	-0.46	0.41	0.02	-0.78	-0.23	-0.45	0.36	0.69	0.77	0.88	-0.33	0.07	0.73	-0.5
Other Current Liab	0.48		0.84	0.44	0.53	0.23	-0.17	-0.19	0.52	-0.19	-0.23	0.4	-0.08	0.78	-0.2	-0.37	-0.46	0.19	-0.07	0.65	0.53	0.56	-0.54	0.08	0.65	-0.62
Total Current Liabilities	0.64	0.84		0.58	0.65	0.17	0.24	-0.12	0.65	-0.12	0.04	0.63	-0.16	0.89	-0.12	-0.64	-0.44	0.17	-0.23	0.59	0.72	0.65	-0.67	-0.18	0.63	-0.83
Total Stockholder Equity	1.0	0.44	0.58		0.94	-0.03	0.35	0.02	0.94	0.03	0.18	0.69	-0.5	0.34	0.04	-0.76	-0.2	-0.5	0.4	0.67	0.74	0.86	-0.29	0.09	0.71	-0.45
Property Plant And Equipment Net	0.95	0.53	0.65	0.94		0.31	0.2	-0.32	1.0	-0.31	0.1	0.74	-0.37	0.46	-0.3	-0.8	-0.39	-0.29	0.44	0.76	0.86	0.97	-0.36	0.11	0.8	-0.56
Net Debt	-0.01	0.23	0.17	-0.03	0.31		-0.38	-0.99	0.31	-0.99	-0.18	0.34	0.3	0.3	-0.99	-0.29	-0.54	0.48	0.2	0.34	0.46	0.45	-0.25	0.08	0.38	-0.37
Accounts Payable	0.35	-0.17	0.24	0.35	0.2	-0.38		0.38	0.2	0.38	0.67	0.22	-0.3	0.1	0.39	-0.35	0.23	-0.4	-0.16	-0.07	0.14	0.12	0.06	-0.46	0.0	-0.1
Cash	0.01	-0.19	-0.12	0.02	-0.32	-0.99	0.38		-0.32	1.0	0.18	-0.3	-0.22	-0.21	1.0	0.24	0.52	-0.41	-0.26	-0.32	-0.43	-0.45	0.18	-0.12	-0.37	0.3
Non Current Assets Total	0.95	0.52	0.65	0.94	1.0	0.31	0.2	-0.32		-0.31	0.1	0.75	-0.36	0.46	-0.3	-0.8	-0.39	-0.29	0.43	0.76	0.86	0.97	-0.36	0.11	0.8	-0.57
Cash And Short Term Investments	0.01	-0.19	-0.12	0.03	-0.31	-0.99	0.38	1.0	-0.31		0.18	-0.3	-0.22	-0.22	1.0	0.24	0.52	-0.43	-0.24	-0.32	-0.43	-0.44	0.2	-0.11	-0.36	0.31
Net Receivables	0.18	-0.23	0.04	0.18	0.1	-0.18	0.67	0.18	0.1	0.18		0.11	0.0	0.04	0.2	-0.17	0.29	-0.27	-0.16	-0.17	-0.05	0.05	0.11	-0.25	-0.12	0.17
Common Stock Shares Outstanding	0.71	0.4	0.63	0.69	0.74	0.34	0.22	-0.3	0.75	-0.3	0.11		-0.19	0.52	-0.3	-0.91	-0.43	0.01	0.01	0.7	0.92	0.84	-0.67	-0.08	0.79	-0.82
Non Current Liabilities Total	-0.46	-0.08	-0.16	-0.5	-0.37	0.3	-0.3	-0.22	-0.36	-0.22	0.0	-0.19		0.3	-0.23	0.12	-0.11	0.59	-0.23	-0.15	-0.19	-0.3	0.0	-0.13	-0.18	0.07
Total Liab	0.41	0.78	0.89	0.34	0.46	0.3	0.1	-0.21	0.46	-0.22	0.04	0.52	0.3		-0.22	-0.56	-0.48	0.43	-0.33	0.5	0.61	0.49	-0.64	-0.23	0.52	-0.77
Total Current Assets	0.02	-0.2	-0.12	0.04	-0.3	-0.99	0.39	1.0	-0.3	1.0	0.2	-0.3	-0.23	-0.22		0.24	0.52	-0.43	-0.24	-0.32	-0.43	-0.43	0.2	-0.11	-0.36	0.31
Retained Earnings	-0.78	-0.37	-0.64	-0.76	-0.8	-0.29	-0.35	0.24	-0.8	0.24	-0.17	-0.91	0.12	-0.56	0.24		0.29	0.17	-0.12	-0.6	-0.88	-0.83	0.56	0.01	-0.7	0.76
Other Stockholder Equity	-0.23	-0.46	-0.44	-0.2	-0.39	-0.54	0.23	0.52	-0.39	0.52	0.29	-0.43	-0.11	-0.48	0.52	0.29		-0.46	-0.09	-0.77	-0.64	-0.51	0.35	0.37	-0.72	0.53
Short Long Term Debt Total	-0.45	0.19	0.17	-0.5	-0.29	0.48	-0.4	-0.41	-0.29	-0.43	-0.27	0.01	0.59	0.43	-0.43	0.17	-0.46		-0.46	-0.02	0.05	-0.17	-0.34	-0.27	-0.03	-0.35
Short Term Investments	0.36	-0.07	-0.23	0.4	0.44	0.2	-0.16	-0.26	0.43	-0.24	-0.16	0.01	-0.23	-0.33	-0.24	-0.12	-0.09	-0.46		0.3	0.18	0.39	0.49	0.47	0.28	0.28
Net Tangible Assets	0.69	0.65	0.59	0.67	0.76	0.34	-0.07	-0.32	0.76	-0.32	-0.17	0.7	-0.15	0.5	-0.32	-0.6	-0.77	-0.02	0.3		0.83	0.84	-0.42	-0.09	0.98	-0.57
Common Stock	0.77	0.53	0.72	0.74	0.86	0.46	0.14	-0.43	0.86	-0.43	-0.05	0.92	-0.19	0.61	-0.43	-0.88	-0.64	0.05	0.18	0.83		0.93	-0.61	-0.07	0.88	-0.82
Property Plant Equipment	0.88	0.56	0.65	0.86	0.97	0.45	0.12	-0.45	0.97	-0.44	0.05	0.84	-0.3	0.49	-0.43	-0.83	-0.51	-0.17	0.39	0.84	0.93		-0.45	0.07	0.89	-0.65
Non Currrent Assets Other	-0.33	-0.54	-0.67	-0.29	-0.36	-0.25	0.06	0.18	-0.36	0.2	0.11	-0.67	0.0	-0.64	0.2	0.56	0.35	-0.34	0.49	-0.42	-0.61	-0.45		-0.03	-0.48	0.8
Other Current Assets	0.07	0.08	-0.18	0.09	0.11	0.08	-0.46	-0.12	0.11	-0.11	-0.25	-0.08	-0.13	-0.23	-0.11	0.01	0.37	-0.27	0.47	-0.09	-0.07	0.07	-0.03		-0.06	0.21
Net Invested Capital	0.73	0.65	0.63	0.71	0.8	0.38	0.0	-0.37	0.8	-0.36	-0.12	0.79	-0.18	0.52	-0.36	-0.7	-0.72	-0.03	0.28	0.98	0.88	0.89	-0.48	-0.06		-0.65
Net Working Capital	-0.5	-0.62	-0.83	-0.45	-0.56	-0.37	-0.1	0.3	-0.57	0.31	0.17	-0.82	0.07	-0.77	0.31	0.76	0.53	-0.35	0.28	-0.57	-0.82	-0.65	0.8	0.21	-0.65

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North Arrow Account Relationship Matchups

North Arrow fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.0M	20.6M	20.1M	16.2M	17.9M	12.5M
Other Current Liab	288.1K	1.1M	904.1K	188.4K	172.1K	257.0K
Total Current Liabilities	477.1K	1.6M	1.7M	1.1M	1.0M	600.2K
Total Stockholder Equity	19.5M	19.0M	18.3M	15.0M	16.7M	11.8M
Property Plant And Equipment Net	19.3M	19.4M	19.0M	15.9M	17.1M	10.8M
Net Debt	(484.8K)	(680.2K)	(467.1K)	322.0K	143.4K	150.6K
Accounts Payable	98.4K	77.5K	317.3K	358.7K	235.8K	270.7K
Cash	579.6K	1.1M	1.0M	271.5K	428.6K	407.1K
Non Current Assets Total	19.3M	19.4M	19.0M	15.9M	17.4M	10.8M
Cash And Short Term Investments	651.5K	1.1M	1.0M	274.4K	429.8K	408.3K
Net Receivables	19.8K	17.9K	61.7K	16.1K	82.3K	53.4K
Common Stock Shares Outstanding	106.8M	110.9M	120.1M	126.7M	174.0M	182.7M
Liabilities And Stockholders Equity	20.0M	20.6M	20.1M	16.2M	17.9M	12.5M
Non Current Liabilities Total	4.2K	883.0	57.0K	23.9K	196.0K	113.8K
Total Liab	481.3K	1.6M	1.8M	1.1M	1.2M	704.5K
Total Current Assets	704.7K	1.2M	1.1M	296.1K	524.0K	497.8K
Retained Earnings	(23.0M)	(23.6M)	(25.3M)	(29.5M)	(30.4M)	(28.9M)
Other Stockholder Equity	5.3M	5.3M	5.5M	5.8M	5.2M	9.9M
Short Term Investments	71.9K	27.5K	10K	2.9K	1.3K	1.2K
Accumulated Other Comprehensive Income	5.3M	5.3M	5.5M	5.8M	6.3M	3.9M
Net Tangible Assets	19.5M	19.0M	18.3M	15.0M	17.3M	17.5M
Common Stock	37.1M	37.2M	38.2M	38.8M	40.8M	36.9M
Property Plant Equipment	19.3M	19.4M	19.0M	15.9M	18.3M	16.1M
Other Current Assets	33.4K	29.9K	16.6K	5.6K	11.9K	17.6K
Net Invested Capital	19.5M	19.4M	18.8M	15.6M	17.2M	19.1M
Net Working Capital	227.6K	(439.6K)	(624.1K)	(820.6K)	(487.7K)	(463.3K)
Capital Stock	37.1M	37.2M	38.2M	38.8M	40.8M	41.8M

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