Northern Total Liab vs Net Debt Analysis

NDM Stock

CAD 1.56 0.03 1.89%

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

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Dynasty Minerals Total Liab account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Northern Dynasty's Total Liab and Net Debt is -0.61. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Northern Dynasty Minerals, assuming nothing else is changed. The correlation between historical values of Northern Dynasty's Total Liab and Net Debt 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 Liab of Northern Dynasty Minerals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., Northern Dynasty's Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.

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

At this time, Northern Dynasty's Selling General Administrative is very stable compared to the past year. As of the 26th of April 2025, Tax Provision is likely to grow to about 68.2 K, though Enterprise Value Over EBITDA is likely to grow to (8.09).

	2022	2023	2024	2025 (projected)
Net Interest Income	212K	252K	36K	34.2K
Interest Income	279K	312K	860K	903K

Net Interest Income Interest Income

Northern Dynasty fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Non Current Liabilities Total	Short Term Debt	Common Stock Total Equity	Inventory	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.0	0.13	0.91	0.63	-0.56	-0.61	0.44	0.57	0.92	0.58	0.02	0.43	0.01	0.24	0.4	0.61	0.57	0.01	0.4	-0.02	0.32	0.37	0.3	0.3	0.28
Other Current Liab	0.0		0.95	-0.23	0.08	0.1	-0.55	-0.29	-0.09	0.0	-0.08	-0.14	0.57	0.36	-0.4	0.41	0.13	-0.1	-0.36	-0.15	0.85	0.45	0.12	0.52	-0.23	0.61
Total Current Liabilities	0.13	0.95		-0.15	0.22	0.0	-0.62	0.01	0.02	0.12	0.02	-0.21	0.62	0.32	-0.39	0.56	0.27	-0.01	-0.46	-0.01	0.86	0.51	0.22	0.57	-0.22	0.57
Total Stockholder Equity	0.91	-0.23	-0.15		0.56	-0.34	-0.49	0.29	0.35	0.91	0.36	0.09	0.3	-0.02	0.34	-0.02	0.54	0.36	0.21	0.09	-0.18	0.2	0.33	0.18	0.22	0.21
Property Plant And Equipment Net	0.63	0.08	0.22	0.56		0.04	-0.62	0.46	-0.03	0.78	-0.03	-0.56	0.54	0.18	-0.3	0.26	1.0	-0.07	-0.26	0.12	0.13	0.49	0.7	0.48	0.31	0.45
Net Debt	-0.56	0.1	0.0	-0.34	0.04		0.12	-0.38	-1.0	-0.2	-1.0	-0.3	-0.08	0.08	-0.38	-0.61	0.05	-0.99	0.1	-0.78	0.26	-0.06	0.08	-0.04	-0.18	0.03
Retained Earnings	-0.61	-0.55	-0.62	-0.49	-0.62	0.12		-0.13	-0.15	-0.65	-0.15	0.37	-0.96	-0.21	0.26	-0.35	-0.65	-0.12	0.54	0.04	-0.49	-0.87	-0.31	-0.89	0.2	-0.75
Accounts Payable	0.44	-0.29	0.01	0.29	0.46	-0.38	-0.13		0.4	0.37	0.4	-0.22	0.07	-0.15	0.1	0.46	0.43	0.36	-0.27	0.51	-0.15	0.1	0.34	0.06	0.11	-0.2
Cash	0.57	-0.09	0.02	0.35	-0.03	-1.0	-0.15	0.4		0.21	1.0	0.29	0.11	-0.08	0.37	0.61	-0.04	0.99	-0.13	0.77	-0.24	0.07	-0.08	0.06	0.17	-0.03
Non Current Assets Total	0.92	0.0	0.12	0.91	0.78	-0.2	-0.65	0.37	0.21		0.22	-0.16	0.46	0.0	0.11	0.2	0.77	0.2	0.04	0.13	0.06	0.36	0.46	0.35	0.3	0.35
Cash And Short Term Investments	0.58	-0.08	0.02	0.36	-0.03	-1.0	-0.15	0.4	1.0	0.22		0.29	0.1	-0.08	0.37	0.61	-0.04	0.99	-0.12	0.77	-0.23	0.07	-0.08	0.06	0.18	-0.03
Net Receivables	0.02	-0.14	-0.21	0.09	-0.56	-0.3	0.37	-0.22	0.29	-0.16	0.29		-0.48	0.33	0.42	-0.17	-0.57	0.39	0.59	-0.02	-0.16	-0.5	-0.13	-0.5	-0.18	-0.41
Common Stock Shares Outstanding	0.43	0.57	0.62	0.3	0.54	-0.08	-0.96	0.07	0.11	0.46	0.1	-0.48		0.16	-0.33	0.33	0.56	0.06	-0.71	-0.05	0.48	0.91	0.18	0.94	-0.24	0.79
Other Current Assets	0.01	0.36	0.32	-0.02	0.18	0.08	-0.21	-0.15	-0.08	0.0	-0.08	0.33	0.16		-0.37	0.04	0.2	-0.01	0.06	-0.18	0.28	0.11	0.66	0.15	-0.31	0.12
Other Stockholder Equity	0.24	-0.4	-0.39	0.34	-0.3	-0.38	0.26	0.1	0.37	0.11	0.37	0.42	-0.33	-0.37		-0.15	-0.31	0.39	0.36	0.11	-0.41	-0.32	-0.3	-0.35	0.03	-0.35
Total Liab	0.4	0.41	0.56	-0.02	0.26	-0.61	-0.35	0.46	0.61	0.2	0.61	-0.17	0.33	0.04	-0.15		0.29	0.56	-0.42	0.79	0.28	0.32	0.15	0.33	0.26	0.17
Property Plant And Equipment Gross	0.61	0.13	0.27	0.54	1.0	0.05	-0.65	0.43	-0.04	0.77	-0.04	-0.57	0.56	0.2	-0.31	0.29		-0.08	-0.28	0.11	0.17	0.54	0.7	0.52	0.29	0.49
Total Current Assets	0.57	-0.1	-0.01	0.36	-0.07	-0.99	-0.12	0.36	0.99	0.2	0.99	0.39	0.06	-0.01	0.39	0.56	-0.08		-0.05	0.73	-0.24	0.03	-0.06	0.01	0.14	-0.07
Non Currrent Assets Other	0.01	-0.36	-0.46	0.21	-0.26	0.1	0.54	-0.27	-0.13	0.04	-0.12	0.59	-0.71	0.06	0.36	-0.42	-0.28	-0.05		-0.17	-0.28	-0.73	0.09	-0.74	0.31	-0.49
Non Current Liabilities Total	0.4	-0.15	-0.01	0.09	0.12	-0.78	0.04	0.51	0.77	0.13	0.77	-0.02	-0.05	-0.18	0.11	0.79	0.11	0.73	-0.17		-0.27	-0.08	0.01	-0.1	0.5	-0.24
Short Term Debt	-0.02	0.85	0.86	-0.18	0.13	0.26	-0.49	-0.15	-0.24	0.06	-0.23	-0.16	0.48	0.28	-0.41	0.28	0.17	-0.24	-0.28	-0.27		0.41	0.1	0.46	-0.18	0.51
Common Stock Total Equity	0.32	0.45	0.51	0.2	0.49	-0.06	-0.87	0.1	0.07	0.36	0.07	-0.5	0.91	0.11	-0.32	0.32	0.54	0.03	-0.73	-0.08	0.41		0.12	0.99	-0.29	0.81
Inventory	0.37	0.12	0.22	0.33	0.7	0.08	-0.31	0.34	-0.08	0.46	-0.08	-0.13	0.18	0.66	-0.3	0.15	0.7	-0.06	0.09	0.01	0.1	0.12		0.13	0.0	0.08
Common Stock	0.3	0.52	0.57	0.18	0.48	-0.04	-0.89	0.06	0.06	0.35	0.06	-0.5	0.94	0.15	-0.35	0.33	0.52	0.01	-0.74	-0.1	0.46	0.99	0.13		-0.31	0.83
Other Liab	0.3	-0.23	-0.22	0.22	0.31	-0.18	0.2	0.11	0.17	0.3	0.18	-0.18	-0.24	-0.31	0.03	0.26	0.29	0.14	0.31	0.5	-0.18	-0.29	0.0	-0.31		-0.08
Net Tangible Assets	0.28	0.61	0.57	0.21	0.45	0.03	-0.75	-0.2	-0.03	0.35	-0.03	-0.41	0.79	0.12	-0.35	0.17	0.49	-0.07	-0.49	-0.24	0.51	0.81	0.08	0.83	-0.08

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Northern Dynasty Account Relationship Matchups

Northern Dynasty fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	180.4M	159.3M	145.2M	143.8M	137.2M	147.3M
Other Current Liab	848K	376K	237K	17.0M	35.3M	37.1M
Total Current Liabilities	7.4M	2.4M	2.1M	20.2M	39.4M	41.4M
Total Stockholder Equity	172.3M	155.5M	142.7M	123.3M	97.2M	117.5M
Property Plant And Equipment Net	135.6M	134.3M	127.5M	121.9M	118.1M	101.2M
Net Debt	(41.5M)	(21.6M)	(13.6M)	(15.5M)	(17.9M)	(18.8M)
Retained Earnings	(620.0M)	(651.5M)	(676.0M)	(697.0M)	(732.9M)	(696.2M)
Accounts Payable	12.4M	6.3M	1.9M	1.7M	929K	871.2K
Cash	42.5M	22.3M	14.2M	18.2M	16.1M	21.1M
Non Current Assets Total	136.4M	135.1M	128.4M	122.7M	119.1M	115.8M
Cash And Short Term Investments	42.5M	22.3M	14.2M	18.2M	16.4M	21.6M
Net Receivables	654K	(352K)	130K	675K	607.5K	1.1M
Common Stock Shares Outstanding	473.7M	521.5M	529.8M	530.3M	537.8M	564.7M
Liabilities And Stockholders Equity	180.4M	159.3M	145.2M	143.8M	165.4M	147.1M
Other Current Assets	823K	1.9M	2.5M	2.9M	3.4M	3.5M
Other Stockholder Equity	107.2M	109.2M	106.7M	1K	900.0	855.0
Total Liab	8.1M	3.8M	2.5M	20.6M	40.0M	20.4M
Property Plant And Equipment Gross	135.6M	136.8M	129.7M	120.4M	138.4M	100.0M
Total Current Assets	43.9M	24.2M	16.8M	21.1M	18.1M	22.9M
Accumulated Other Comprehensive Income	109.2M	106.7M	118.4M	117.3M	134.9M	141.6M
Non Currrent Assets Other	791K	785K	852K	984K	885.6K	841.3K
Non Current Liabilities Total	657K	1.4M	463K	338K	548K	520.6K
Short Term Debt	259K	126K	150K	2.3M	2.7M	2.8M
Common Stock	587.4M	683.0M	700.3M	703.0M	808.4M	592.1M
Other Liab	7.2M	934K	657K	804K	723.6K	687.4K
Net Tangible Assets	148.2M	138.5M	172.3M	155.5M	178.8M	161.1M
Property Plant Equipment	144.8M	138.9M	135.6M	134.3M	154.5M	147.7M
Net Invested Capital	172.3M	155.5M	142.7M	99.9M	90.0M	113.8M
Net Working Capital	36.5M	21.7M	14.8M	(21.4M)	(19.2M)	(18.3M)
Capital Stock	587.4M	683.0M	700.3M	702.8M	808.2M	713.4M
Short Long Term Debt Total	916K	687K	613K	2.7M	2.4M	2.5M
Capital Lease Obligations	916K	687K	613K	724K	651.6K	665.6K

Pair Trading with Northern Dynasty

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 Northern Dynasty 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 Northern Dynasty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Northern Stock

0.67

ORE

Orezone Gold Corp

Pair Corr

Moving against Northern Stock

0.69	RCI-A	Rogers Communications	Pair Corr
0.39	CCL-A	CCL Industries	Pair Corr

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

The correlation of Northern Dynasty 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 Northern Dynasty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Dynasty Minerals 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 Northern Dynasty 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 Northern Dynasty Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northern Dynasty Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Northern Dynasty Minerals Stock:

How To Invest In Northern

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Is Northern Stock a good investment?

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What is Northern Dynasty's Net Worth?

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

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Please note, there is a significant difference between Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty'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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Northern Total Liab vs Net Debt Analysis

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

Correlation Coefficient

Total Liab

Net Debt

Northern Dynasty fundamental ratios Correlations

Northern Dynasty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Dynasty fundamental ratios Accounts

Pair Trading with Northern Dynasty

Moving together with Northern Stock

Moving against Northern Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Common Stock	+ 0.99	Common Stock Total Equity
Total Current Liabilities	+ 0.95	Other Current Liab

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Common Stock	- 0.89	Retained Earnings
Common Stock Total Equity	- 0.87	Retained Earnings