North Total Current Liabilities vs Property Plant And Equipment Net 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 Total Current Liabilities and its Property Plant And Equipment Net 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.
Total Current Liabilities vs Property Plant And Equipment Net
Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Atlantic Smaller Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between North Atlantic's Total Current Liabilities and Property Plant And Equipment Net is 0.02. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Liabilities and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of North Atlantic Smaller are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., North Atlantic's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on North Atlantic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of North Atlantic Smaller are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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
Click cells to compare fundamentals
North Atlantic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North Atlantic fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 622.7M | 750.0M | 790.0M | 697.1M | 690.9M | 442.4M | |
| Other Current Liab | (161K) | (224K) | (159K) | (306K) | (314K) | (329.7K) | |
| Total Current Liabilities | 2.0M | 7.8M | 535K | 3.7M | 314K | 298.3K | |
| Total Stockholder Equity | 620.7M | 742.2M | 789.5M | 693.4M | 690.2M | 428.4M | |
| Net Debt | (17.8M) | (33.9M) | (76.0M) | (9.0M) | (9.2M) | (9.7M) | |
| Accounts Payable | 161K | 224K | 159K | 306K | 314K | 298.3K | |
| Cash | 17.8M | 33.9M | 76.0M | 9.0M | 9.2M | 8.7M | |
| Non Current Assets Total | 601.2M | 712.9M | 712.4M | 685.5M | 612.4M | 406.5M | |
| Non Currrent Assets Other | (601.2M) | (712.9M) | (712.4M) | (685.5M) | (612.4M) | (581.8M) | |
| Cash And Short Term Investments | 17.8M | 33.9M | 76.0M | 9.0M | 9.2M | 8.7M | |
| Net Receivables | 825K | 623K | 1.5M | 1.5M | 3.7M | 1.9M | |
| Common Stock Shares Outstanding | 14.2M | 14.1M | 13.9M | 13.7M | 13.5M | 15.6M | |
| Liabilities And Stockholders Equity | 622.7M | 750.0M | 790.0M | 697.1M | 690.9M | 442.4M | |
| Non Current Liabilities Total | 2.0M | 7.8M | 535K | 3.7M | 670K | 636.5K | |
| Total Liab | 2.0M | 7.8M | 535K | 3.7M | 670K | 636.5K | |
| Total Current Assets | 21.5M | 37.1M | 77.6M | 11.6M | 78.5M | 82.4M | |
| Common Stock | 708K | 701K | 683K | 680K | 673K | 775.0K | |
| Retained Earnings | 6.5M | 2.8M | 4.2M | 5.7M | 17.9M | 18.8M | |
| Inventory | 49.8M | (2.9M) | 1.0 | (1.1M) | (1.0M) | 0.95 | |
| Other Current Assets | 2.9M | 2.6M | 1.1M | 1.0M | 65.6M | 68.9M | |
| Accumulated Other Comprehensive Income | 612.2M | 737.4M | 783.3M | 685.7M | 670.4M | 574.8M |
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.