Nouveau Gross Profit vs Cost Of Revenue Analysis

NMG Stock  USD 1.25  0.01  0.79%   
Nouveau Monde financial indicator trend analysis is infinitely more than just investigating Nouveau Monde Graphite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nouveau Monde Graphite is a good investment. Please check the relationship between Nouveau Monde Gross Profit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nouveau Monde Graphite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nouveau Monde Graphite Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Nouveau Monde's Gross Profit and Cost Of Revenue is -1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Nouveau Monde Graphite, assuming nothing else is changed. The correlation between historical values of Nouveau Monde's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Nouveau Monde Graphite are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Nouveau Monde's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nouveau Monde Graphite minus its cost of goods sold. It is profit before Nouveau Monde operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Nouveau Monde Graphite income statement and represents the costs associated with goods and services Nouveau Monde provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Nouveau Monde's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nouveau Monde Graphite 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 Nouveau Monde Graphite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Nouveau Monde's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Nouveau Monde's current Enterprise Value is estimated to increase to about 240.2 M, while Enterprise Value Over EBITDA is projected to decrease to (5.06).
 2021 2022 2023 2024 (projected)
Interest Expense2.3M1.7M11.3M11.8M
Depreciation And Amortization1.1M4.6M7.7M8.1M

Nouveau Monde fundamental ratios Correlations

0.450.850.860.97-0.06-0.920.940.970.940.960.920.90.950.870.820.80.980.90.95-0.060.88-0.560.840.950.8
0.450.650.420.540.1-0.350.250.550.250.470.330.420.290.570.520.280.370.420.220.510.11-0.120.320.32-0.03
0.850.650.840.78-0.19-0.740.810.790.810.830.720.730.840.960.950.740.80.710.7-0.030.61-0.180.610.820.65
0.860.420.840.76-0.52-0.640.910.750.910.720.630.570.910.910.840.530.780.650.76-0.020.82-0.160.460.90.85
0.970.540.780.760.13-0.920.831.00.830.960.920.920.840.780.710.750.950.90.910.00.81-0.660.880.890.65
-0.060.1-0.19-0.520.13-0.22-0.310.14-0.310.140.240.36-0.3-0.34-0.310.250.020.16-0.01-0.01-0.25-0.480.46-0.16-0.43
-0.92-0.35-0.74-0.64-0.92-0.22-0.83-0.93-0.82-0.98-0.99-0.96-0.83-0.7-0.66-0.83-0.97-0.95-0.950.14-0.820.74-0.93-0.84-0.66
0.940.250.810.910.83-0.31-0.830.831.00.860.820.771.00.890.840.760.910.790.92-0.130.92-0.380.70.950.94
0.970.550.790.751.00.14-0.930.830.830.970.930.930.840.780.710.760.960.910.910.010.81-0.670.880.880.64
0.940.250.810.910.83-0.31-0.821.00.830.860.820.771.00.890.840.760.910.790.92-0.130.92-0.380.70.950.94
0.960.470.830.720.960.14-0.980.860.970.860.970.950.870.790.760.830.980.950.94-0.10.81-0.680.90.870.67
0.920.330.720.630.920.24-0.990.820.930.820.970.960.820.690.660.850.960.920.94-0.170.8-0.730.940.840.66
0.90.420.730.570.920.36-0.960.770.930.770.950.960.780.690.670.910.920.90.88-0.080.71-0.680.990.820.6
0.950.290.840.910.84-0.3-0.831.00.841.00.870.820.780.910.880.780.910.80.91-0.140.89-0.370.70.950.92
0.870.570.960.910.78-0.34-0.70.890.780.890.790.690.690.910.950.710.80.680.740.080.72-0.140.570.880.77
0.820.520.950.840.71-0.31-0.660.840.710.840.760.660.670.880.950.760.740.640.66-0.110.59-0.090.550.80.72
0.80.280.740.530.750.25-0.830.760.760.760.830.850.910.780.710.760.790.740.76-0.190.58-0.40.890.780.66
0.980.370.80.780.950.02-0.970.910.960.910.980.960.920.910.80.740.790.940.98-0.120.9-0.680.870.910.76
0.90.420.710.650.90.16-0.950.790.910.790.950.920.90.80.680.640.740.940.9-0.050.79-0.730.860.790.6
0.950.220.70.760.91-0.01-0.950.920.910.920.940.940.880.910.740.660.760.980.9-0.140.95-0.680.850.920.82
-0.060.51-0.03-0.020.0-0.010.14-0.130.01-0.13-0.1-0.17-0.08-0.140.08-0.11-0.19-0.12-0.05-0.14-0.060.06-0.1-0.13-0.23
0.880.110.610.820.81-0.25-0.820.920.810.920.810.80.710.890.720.590.580.90.790.95-0.06-0.570.670.880.88
-0.56-0.12-0.18-0.16-0.66-0.480.74-0.38-0.67-0.38-0.68-0.73-0.68-0.37-0.14-0.09-0.4-0.68-0.73-0.680.06-0.57-0.72-0.38-0.2
0.840.320.610.460.880.46-0.930.70.880.70.90.940.990.70.570.550.890.870.860.85-0.10.67-0.720.770.55
0.950.320.820.90.89-0.16-0.840.950.880.950.870.840.820.950.880.80.780.910.790.92-0.130.88-0.380.770.89
0.8-0.030.650.850.65-0.43-0.660.940.640.940.670.660.60.920.770.720.660.760.60.82-0.230.88-0.20.550.89
Click cells to compare fundamentals

Nouveau Monde Account Relationship Matchups

Nouveau Monde fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.1M21.2M126.3M150.1M123.9M130.1M
Other Current Liab4.9M2.7M1.9M2.7M2.9M2.0M
Total Current Liabilities9.9M10.6M15.7M16.1M12.0M6.3M
Total Stockholder Equity37.4M(5.3M)105.7M72.3M54.4M27.6M
Property Plant And Equipment Net39.1M5.3M44.4M66.8M68.5M71.9M
Net Debt1.0M12.9M(57.9M)1.4M21.1M22.2M
Retained Earnings(28.4M)(77M)(116.9M)(164.6M)(220.6M)(209.6M)
Cash4.1M4.5M62.4M59.9M36.3M38.1M
Non Current Assets Total43.5M10.7M52.2M76.2M81.0M85.1M
Cash And Short Term Investments4.1M4.5M62.4M59.9M36.3M38.1M
Common Stock Shares Outstanding22.7M26.3M43.0M55.6M60.1M63.1M
Liabilities And Stockholders Equity53.1M21.2M126.3M150.1M123.9M130.1M
Other Stockholder Equity7.4M11.1M16.1M25.3M28.5M29.9M
Total Liab15.7M26.5M20.7M77.8M69.5M73.0M
Total Current Assets9.6M10.4M74.2M73.9M42.9M45.1M
Accounts Payable4.9M4.3M13.3M12.8M6.9M4.4M
Net Receivables5.1M5.5M9.1M10.3M3.8M3.8M
Other Current Assets300K5.9M2.8M14M6.6M6.9M
Common Stock56.2M60.5M206.5M210.8M238.8M250.8M
Non Currrent Assets Other2.8M4.5M7.3M8.4M11.4M11.9M
Other Assets(2.0)4.5M7.3M8.4M9.6M10.1M
Short Term Investments19.8K22.5K0.055.0M63.3M66.5M
Accumulated Other Comprehensive Income2.2M1.2M0.0829K7.7M8.1M
Net Tangible Assets5.2M(6.3M)105.2M72.1M83.0M87.1M
Non Current Liabilities Total5.9M15.9M4.9M61.6M57.5M60.4M
Net Invested Capital42.5M11.0M107.8M130.9M109.8M70.5M
Net Working Capital(258.5K)(171K)58.4M57.8M30.9M24.7M
Intangible Assets1.5M920K481K182K59K56.1K
Property Plant Equipment3.4M5.3M44.4M66.8M76.8M80.7M
Short Long Term Debt Total5.1M17.4M4.5M61.3M57.5M60.3M
Long Term Debt149.6K14.5M1.9M58.3M54.9M57.6M
Short Long Term Debt5.0M1.8M208K225K480K456K
Capital Stock56.2M60.5M206.5M210.8M238.8M148.3M
Short Term Debt5.0M2.1M537K656K931K1.3M

Currently Active Assets on Macroaxis

When determining whether Nouveau Monde Graphite is a strong investment it is important to analyze Nouveau Monde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nouveau Monde's future performance. For an informed investment choice regarding Nouveau Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nouveau Monde Graphite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Metals & Mining 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 Nouveau Monde. If investors know Nouveau 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 Nouveau Monde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.57)
Return On Assets
(0.33)
Return On Equity
(0.77)
The market value of Nouveau Monde Graphite is measured differently than its book value, which is the value of Nouveau that is recorded on the company's balance sheet. Investors also form their own opinion of Nouveau Monde's value that differs from its market value or its book value, called intrinsic value, which is Nouveau Monde'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 Nouveau Monde's market value can be influenced by many factors that don't directly affect Nouveau Monde'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 Nouveau Monde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nouveau Monde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nouveau Monde'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.