Northeast Cash Flow To Debt Ratio vs Cash Ratio Analysis

NBN Stock

USD 98.45 0.01 0.01%

Northeast Bancorp financial indicator trend analysis is infinitely more than just investigating Northeast Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northeast Bancorp is a good investment. Please check the relationship between Northeast Bancorp Cash Flow To Debt Ratio and its Cash Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. 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.

To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.

Cash Flow To Debt Ratio vs Cash Ratio

Cash Flow To Debt Ratio vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northeast Bancorp Cash Flow To Debt Ratio account and Cash Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Northeast Bancorp's Cash Flow To Debt Ratio and Cash Ratio is -0.26. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Northeast Bancorp, assuming nothing else is changed. The correlation between historical values of Northeast Bancorp's Cash Flow To Debt Ratio and Cash 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 Cash Flow To Debt Ratio of Northeast Bancorp are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Cash Flow To Debt Ratio i.e., Northeast Bancorp's Cash Flow To Debt Ratio and Cash Ratio go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Flow To Debt Ratio

Cash Ratio

Most indicators from Northeast Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northeast Bancorp 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 Northeast Bancorp. 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.

To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.At this time, Northeast Bancorp's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 19.2 M, though Discontinued Operations is likely to grow to (6.8 K).

	2021	2022	2023	2024 (projected)
EBIT	61.5M	65.2M	88.1M	92.5M
Operating Income	66.7M	65.2M	89.4M	93.8M

Ebit Operating Income

Northeast Bancorp fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Net Receivables	Common Stock	Other Current Assets	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		-0.04	-0.19	0.42	0.16	-0.04	-0.1	-0.2	-0.18	0.11	-0.24	0.53	0.4	0.2	-0.14	0.69	-0.1	-0.16	0.47	-0.02	0.07	0.78	0.33	0.14	0.11	-0.29
Total Assets	-0.04		0.83	-0.41	0.32	0.98	0.92	0.11	0.96	0.47	0.73	-0.39	0.0	0.27	0.51	-0.3	0.83	0.9	-0.12	0.39	0.5	-0.05	-0.02	0.78	0.87	0.88
Short Long Term Debt Total	-0.19	0.83		-0.43	-0.01	0.77	0.93	0.54	0.78	0.08	0.59	-0.26	0.16	-0.08	0.31	-0.33	0.87	0.9	-0.3	0.7	0.43	-0.13	-0.25	0.37	0.48	0.89
Other Current Liab	0.42	-0.41	-0.43		-0.16	-0.36	-0.34	0.03	-0.52	-0.35	0.01	0.51	-0.28	-0.23	-0.34	0.71	-0.26	-0.45	0.49	-0.58	0.31	0.49	0.32	-0.46	-0.44	-0.31
Total Current Liabilities	0.16	0.32	-0.01	-0.16		0.21	0.04	-0.75	0.2	0.88	-0.03	-0.33	0.16	0.86	-0.18	0.03	-0.15	-0.04	0.58	0.07	-0.22	0.08	0.72	0.63	0.63	0.01
Total Stockholder Equity	-0.04	0.98	0.77	-0.36	0.21		0.91	0.14	0.97	0.39	0.78	-0.37	-0.07	0.2	0.64	-0.26	0.84	0.92	-0.19	0.28	0.56	-0.01	-0.11	0.75	0.84	0.86
Property Plant And Equipment Net	-0.1	0.92	0.93	-0.34	0.04	0.91		0.39	0.88	0.22	0.76	-0.23	-0.01	0.05	0.44	-0.23	0.91	0.95	-0.23	0.47	0.62	-0.02	-0.18	0.51	0.63	0.93
Net Debt	-0.2	0.11	0.54	0.03	-0.75	0.14	0.39		0.14	-0.79	0.28	0.02	0.04	-0.84	0.15	-0.12	0.55	0.41	-0.55	0.39	0.28	-0.1	-0.67	-0.38	-0.35	0.44
Retained Earnings	-0.18	0.96	0.78	-0.52	0.2	0.97	0.88	0.14		0.39	0.74	-0.44	-0.08	0.16	0.69	-0.47	0.83	0.93	-0.3	0.33	0.47	-0.21	-0.18	0.75	0.84	0.87
Cash	0.11	0.47	0.08	-0.35	0.88	0.39	0.22	-0.79	0.39		0.1	-0.21	0.07	0.94	0.05	-0.1	-0.02	0.16	0.43	0.04	-0.02	0.02	0.61	0.72	0.76	0.12
Non Current Assets Total	-0.24	0.73	0.59	0.01	-0.03	0.78	0.76	0.28	0.74	0.1		-0.25	-0.61	-0.12	0.44	-0.24	0.75	0.7	-0.23	-0.15	0.83	-0.21	-0.15	0.38	0.49	0.88
Non Currrent Assets Other	0.53	-0.39	-0.26	0.51	-0.33	-0.37	-0.23	0.02	-0.44	-0.21	-0.25		0.04	-0.13	-0.26	0.43	-0.27	-0.29	0.2	-0.17	0.32	0.35	0.11	-0.48	-0.42	-0.35
Other Assets	0.4	0.0	0.16	-0.28	0.16	-0.07	-0.01	0.04	-0.08	0.07	-0.61	0.04		0.2	-0.07	0.17	-0.02	0.04	0.23	0.75	-0.57	0.41	0.13	0.1	0.08	-0.25
Cash And Short Term Investments	0.2	0.27	-0.08	-0.23	0.86	0.2	0.05	-0.84	0.16	0.94	-0.12	-0.13	0.2		-0.1	0.15	-0.21	-0.03	0.55	0.03	-0.19	0.24	0.67	0.57	0.59	-0.11
Non Current Liabilities Total	-0.14	0.51	0.31	-0.34	-0.18	0.64	0.44	0.15	0.69	0.05	0.44	-0.26	-0.07	-0.1		-0.44	0.56	0.67	-0.36	0.03	0.28	-0.16	-0.32	0.38	0.48	0.42
Other Stockholder Equity	0.69	-0.3	-0.33	0.71	0.03	-0.26	-0.23	-0.12	-0.47	-0.1	-0.24	0.43	0.17	0.15	-0.44		-0.29	-0.39	0.54	-0.25	0.05	0.92	0.3	-0.22	-0.25	-0.41
Total Liab	-0.1	0.83	0.87	-0.26	-0.15	0.84	0.91	0.55	0.83	-0.02	0.75	-0.27	-0.02	-0.21	0.56	-0.29		0.92	-0.24	0.41	0.58	-0.09	-0.23	0.4	0.52	0.9
Property Plant And Equipment Gross	-0.16	0.9	0.9	-0.45	-0.04	0.92	0.95	0.41	0.93	0.16	0.7	-0.29	0.04	-0.03	0.67	-0.39	0.92		-0.35	0.49	0.53	-0.12	-0.29	0.51	0.64	0.89
Total Current Assets	0.47	-0.12	-0.3	0.49	0.58	-0.19	-0.23	-0.55	-0.3	0.43	-0.23	0.2	0.23	0.55	-0.36	0.54	-0.24	-0.35		-0.17	-0.11	0.49	0.95	0.03	0.1	-0.35
Short Term Debt	-0.02	0.39	0.7	-0.58	0.07	0.28	0.47	0.39	0.33	0.04	-0.15	-0.17	0.75	0.03	0.03	-0.25	0.41	0.49	-0.17		-0.24	-0.02	-0.16	0.18	0.22	0.34
Net Receivables	0.07	0.5	0.43	0.31	-0.22	0.56	0.62	0.28	0.47	-0.02	0.83	0.32	-0.57	-0.19	0.28	0.05	0.58	0.53	-0.11	-0.24		0.03	-0.1	0.09	0.23	0.65
Common Stock	0.78	-0.05	-0.13	0.49	0.08	-0.01	-0.02	-0.1	-0.21	0.02	-0.21	0.35	0.41	0.24	-0.16	0.92	-0.09	-0.12	0.49	-0.02	0.03		0.25	0.02	0.01	-0.28
Other Current Assets	0.33	-0.02	-0.25	0.32	0.72	-0.11	-0.18	-0.67	-0.18	0.61	-0.15	0.11	0.13	0.67	-0.32	0.3	-0.23	-0.29	0.95	-0.16	-0.1	0.25		0.17	0.24	-0.25
Other Liab	0.14	0.78	0.37	-0.46	0.63	0.75	0.51	-0.38	0.75	0.72	0.38	-0.48	0.1	0.57	0.38	-0.22	0.4	0.51	0.03	0.18	0.09	0.02	0.17		0.95	0.46
Accounts Payable	0.11	0.87	0.48	-0.44	0.63	0.84	0.63	-0.35	0.84	0.76	0.49	-0.42	0.08	0.59	0.48	-0.25	0.52	0.64	0.1	0.22	0.23	0.01	0.24	0.95		0.57
Long Term Debt	-0.29	0.88	0.89	-0.31	0.01	0.86	0.93	0.44	0.87	0.12	0.88	-0.35	-0.25	-0.11	0.42	-0.41	0.9	0.89	-0.35	0.34	0.65	-0.28	-0.25	0.46	0.57

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Northeast Bancorp Account Relationship Matchups

Northeast Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	9.0M	8.4M	7.9M	7.4M	7.7M	5.1M
Total Assets	1.3B	2.2B	1.6B	2.9B	3.1B	3.3B
Short Long Term Debt Total	46.9M	36.1M	19.5M	584.5M	365.4M	383.7M
Other Current Liab	(12.4M)	(16.7M)	(15M)	(313.6M)	298.8M	264.3M
Total Current Liabilities	12.4M	1.5B	15M	311M	301.2M	239.2M
Total Stockholder Equity	164.7M	232.4M	248.3M	296.7M	376.6M	395.5M
Property Plant And Equipment Net	9.7M	11.3M	9.6M	27.7M	27.1M	28.5M
Net Debt	(96.8M)	(974.4M)	(152.6M)	386.6M	123.3M	129.4M
Retained Earnings	90.0M	161.1M	203.0M	246.9M	303.9M	319.1M
Cash	143.7M	1.0B	172.1M	197.9M	242.2M	254.3M
Non Current Assets Total	83.9M	80.3M	72.6M	89.4M	2.9B	3.1B
Non Currrent Assets Other	(12.2M)	(12.7M)	(11.4M)	(21.6M)	(84.1M)	(79.9M)
Other Assets	965.1M	1.0B	1.3B	2.5B	(56.0M)	(53.2M)
Cash And Short Term Investments	208.6M	1.1B	227.0M	251.3M	242.2M	127.6M
Liabilities And Stockholders Equity	1.3B	2.2B	1.6B	2.9B	3.1B	3.3B
Non Current Liabilities Total	46.9M	36.1M	1.3B	273.5M	611.1M	641.7M
Other Stockholder Equity	68.3M	64.4M	38.7M	42.8M	64.8M	36.2M
Total Liab	1.1B	36.1M	1.3B	2.6B	2.8B	2.9B
Property Plant And Equipment Gross	9.7M	11.3M	27.8M	44.3M	40.8M	42.8M
Total Current Assets	208.6M	1.1B	227.0M	251.3M	242.2M	375.8M
Accumulated Other Comprehensive Income	(1.7M)	(1.3M)	(850K)	(718K)	(183K)	(192.2K)
Short Term Debt	12.4M	16.7M	15M	313.6M	2.4M	2.3M
Common Stock	8.2M	8.2M	7.4M	7.7M	8.1M	4.6M
Other Current Assets	146.9M	1.0B	176.7M	199.9M	242.2M	355.4M
Other Liab	26.1M	30.5M	43.5M	27.1M	31.1M	32.7M
Accounts Payable	942.4M	1.0B	1.9B	1.3B	1.5B	1.6B
Long Term Debt	42.4M	30.1M	15M	251.6M	345.2M	362.4M
Common Stock Total Equity	8.9M	9.0M	8.2M	8.2M	9.4M	6.2M
Short Term Investments	64.9M	59.7M	54.9M	53.4M	49.0M	54.1M
Inventory	2.0M	3.3M	1.6M	(257.3M)	(231.6M)	(220.0M)
Intangible Assets	2.1M	2.1M	1.3M	1.5M	984K	934.8K
Property Plant Equipment	5.6M	9.7M	11.3M	9.6M	11.0M	8.0M
Net Tangible Assets	153.1M	164.7M	232.4M	248.3M	285.6M	161.7M
Long Term Investments	72.2M	67.0M	61.7M	60.2M	56.0M	53.2M

Pair Trading with Northeast Bancorp

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 Northeast Bancorp 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 Northeast Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Northeast Stock

0.83	AX	Axos Financial	Pair Corr
0.82	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.67	KB	KB Financial Group	Pair Corr

Moving against Northeast Stock

0.66	TFC-PO	Truist Financial	Pair Corr
0.6	TFC-PR	Truist Financial	Pair Corr
0.6	CFG-PE	Citizens Financial	Pair Corr
0.42	WF	Woori Financial Group	Pair Corr

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

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

When determining whether Northeast Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northeast Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Bancorp Stock:

How To Invest In Northeast

Details

Is Northeast Stock a good investment?

Details

What is Northeast Bancorp's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. 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.

To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Bancorp. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.05

Dividend Share

0.04

Earnings Share

7.57

Revenue Per Share

20.544

Quarterly Revenue Growth

0.132

The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Northeast Cash Flow To Debt Ratio vs Cash Ratio Analysis

Cash Flow To Debt Ratio vs Cash Ratio

Cash Flow To Debt Ratio vs Cash Ratio Correlation Analysis

Correlation Coefficient

Cash Flow To Debt Ratio

Cash Ratio

Northeast Bancorp fundamental ratios Correlations

Northeast Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northeast Bancorp fundamental ratios Accounts

Pair Trading with Northeast Bancorp

Moving together with Northeast Stock

Moving against Northeast Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity
Retained Earnings	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.95	Property Plant And Equipment Net
Other Current Assets	+ 0.95	Total Current Assets
Accounts Payable	+ 0.95	Other Liab

Cash And Short Term Investments	- 0.84	Net Debt
Cash	- 0.79	Net Debt
Net Debt	- 0.75	Total Current Liabilities
Other Current Assets	- 0.67	Net Debt
Other Assets	- 0.61	Non Current Assets Total
Short Term Debt	- 0.58	Other Current Liab