North Net Debt vs Total Stockholder Equity Analysis

NAS Stock   3,770  10.00  0.26%   
North Atlantic financial indicator trend analysis is infinitely more than just investigating North Atlantic Smaller recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Atlantic Smaller is a good investment. Please check the relationship between North Atlantic Net Debt and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Atlantic Smaller. 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 economic analysis.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Atlantic Smaller Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between North Atlantic's Net Debt and Total Stockholder Equity is -0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of North Atlantic Smaller, assuming nothing else is changed. The correlation between historical values of North Atlantic's Net Debt and Total Stockholder Equity 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 Debt of North Atlantic Smaller are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., North Atlantic's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from North Atlantic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Atlantic Smaller 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 Atlantic Smaller. 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 economic analysis.
The current year's Selling General Administrative is expected to grow to about 1.7 M

North Atlantic fundamental ratios Correlations

-0.380.490.261.0-0.67-0.610.430.99-0.960.430.43-0.18-0.61-0.05-0.570.48-0.090.57-0.32-0.69-0.080.030.18-0.08
-0.38-0.080.03-0.40.410.41-0.1-0.410.53-0.10.09-0.210.710.090.62-0.29-0.47-0.30.290.730.37-0.11-0.220.37
0.49-0.08-0.110.49-0.07-0.72-0.110.51-0.53-0.110.340.03-0.340.15-0.310.12-0.120.45-0.17-0.16-0.160.220.21-0.16
0.260.03-0.110.25-0.060.20.110.28-0.230.11-0.31-0.030.27-0.270.14-0.22-0.11-0.120.160.020.27-0.3-0.320.27
1.0-0.40.490.25-0.68-0.620.420.99-0.970.420.43-0.19-0.63-0.06-0.60.47-0.090.56-0.35-0.71-0.080.020.18-0.08
-0.670.41-0.07-0.06-0.680.32-0.9-0.650.62-0.9-0.050.130.50.320.4-0.52-0.01-0.140.330.53-0.12-0.110.11-0.12
-0.610.41-0.720.2-0.620.32-0.04-0.650.68-0.04-0.490.30.62-0.030.57-0.270.08-0.50.670.510.21-0.24-0.260.21
0.43-0.1-0.110.110.42-0.9-0.040.37-0.321.0-0.08-0.11-0.09-0.35-0.020.44-0.05-0.05-0.08-0.180.270.04-0.260.27
0.99-0.410.510.280.99-0.65-0.650.37-0.970.370.41-0.22-0.64-0.1-0.610.4-0.110.54-0.39-0.7-0.050.030.14-0.05
-0.960.53-0.53-0.23-0.970.620.68-0.32-0.97-0.32-0.460.130.67-0.060.65-0.520.0-0.680.410.690.27-0.01-0.30.27
0.43-0.1-0.110.110.42-0.9-0.041.00.37-0.32-0.08-0.11-0.09-0.35-0.020.44-0.05-0.05-0.08-0.180.270.04-0.260.27
0.430.090.34-0.310.43-0.05-0.49-0.080.41-0.46-0.08-0.36-0.260.67-0.360.6-0.230.75-0.42-0.15-0.57-0.110.69-0.57
-0.18-0.210.03-0.03-0.190.130.3-0.11-0.220.13-0.11-0.360.050.090.090.00.86-0.070.67-0.09-0.20.00.07-0.2
-0.610.71-0.340.27-0.630.50.62-0.09-0.640.67-0.09-0.260.050.040.86-0.34-0.15-0.380.580.850.25-0.24-0.290.25
-0.050.090.15-0.27-0.060.32-0.03-0.35-0.1-0.06-0.350.670.090.04-0.070.610.040.710.010.19-0.89-0.20.91-0.89
-0.570.62-0.310.14-0.60.40.57-0.02-0.610.65-0.02-0.360.090.86-0.07-0.28-0.09-0.360.550.740.320.25-0.260.32
0.48-0.290.12-0.220.47-0.52-0.270.440.4-0.520.440.60.0-0.340.61-0.280.120.76-0.21-0.3-0.690.040.75-0.69
-0.09-0.47-0.12-0.11-0.09-0.010.08-0.05-0.110.0-0.05-0.230.86-0.150.04-0.090.120.020.36-0.36-0.290.060.14-0.29
0.57-0.30.45-0.120.56-0.14-0.5-0.050.54-0.68-0.050.75-0.07-0.380.71-0.360.760.02-0.27-0.3-0.780.00.85-0.78
-0.320.29-0.170.16-0.350.330.67-0.08-0.390.41-0.08-0.420.670.580.010.55-0.210.36-0.270.310.14-0.13-0.170.14
-0.690.73-0.160.02-0.710.530.51-0.18-0.70.69-0.18-0.15-0.090.850.190.74-0.3-0.36-0.30.310.11-0.15-0.160.11
-0.080.37-0.160.27-0.08-0.120.210.27-0.050.270.27-0.57-0.20.25-0.890.32-0.69-0.29-0.780.140.110.14-0.931.0
0.03-0.110.22-0.30.02-0.11-0.240.040.03-0.010.04-0.110.0-0.24-0.20.250.040.060.0-0.13-0.150.140.030.14
0.18-0.220.21-0.320.180.11-0.26-0.260.14-0.3-0.260.690.07-0.290.91-0.260.750.140.85-0.17-0.16-0.930.03-0.93
-0.080.37-0.160.27-0.08-0.120.210.27-0.050.270.27-0.57-0.20.25-0.890.32-0.69-0.29-0.780.140.111.00.14-0.93
Click cells to compare fundamentals

North Atlantic Account Relationship Matchups

North Atlantic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets622.7M750.0M790.0M697.1M690.9M442.4M
Other Current Liab(161K)(224K)(159K)(306K)(314K)(329.7K)
Total Current Liabilities2.0M7.8M535K3.7M314K298.3K
Total Stockholder Equity620.7M742.2M789.5M693.4M690.2M428.4M
Net Debt(17.8M)(33.9M)(76.0M)(9.0M)(9.2M)(9.7M)
Accounts Payable161K224K159K306K314K298.3K
Cash17.8M33.9M76.0M9.0M9.2M8.7M
Non Current Assets Total601.2M712.9M712.4M685.5M612.4M406.5M
Non Currrent Assets Other(601.2M)(712.9M)(712.4M)(685.5M)(612.4M)(581.8M)
Cash And Short Term Investments17.8M33.9M76.0M9.0M9.2M8.7M
Net Receivables825K623K1.5M1.5M3.7M1.9M
Common Stock Shares Outstanding14.2M14.1M13.9M13.7M13.5M15.6M
Liabilities And Stockholders Equity622.7M750.0M790.0M697.1M690.9M442.4M
Non Current Liabilities Total2.0M7.8M535K3.7M670K636.5K
Total Liab2.0M7.8M535K3.7M670K636.5K
Total Current Assets21.5M37.1M77.6M11.6M78.5M82.4M
Common Stock708K701K683K680K673K775.0K
Retained Earnings6.5M2.8M4.2M5.7M17.9M18.8M
Inventory49.8M(2.9M)1.0(1.1M)(1.0M)0.95
Other Current Assets2.9M2.6M1.1M1.0M65.6M68.9M
Accumulated Other Comprehensive Income612.2M737.4M783.3M685.7M670.4M574.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in North Stock

Balance Sheet is a snapshot of the financial position of North Atlantic Smaller at a specified time, usually calculated after every quarter, six months, or one year. North Atlantic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North Atlantic 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.