Nouveau Sale Purchase Of Stock vs Depreciation 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 Sale Purchase Of Stock and its Depreciation 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.
Sale Purchase Of Stock vs Depreciation
Sale Purchase Of Stock vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nouveau Monde Graphite Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nouveau Monde's Sale Purchase Of Stock and Depreciation is 0.88. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation 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 Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Nouveau Monde Graphite are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Nouveau Monde's Sale Purchase Of Stock and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Sale Purchase Of Stock
Depreciation
Depreciation indicates how much of Nouveau Monde Graphite value has been used up. For tax purposes Nouveau Monde can deduct the cost of the tangible assets it purchases as business expenses. However, Nouveau Monde Graphite must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 239.9 M, while Enterprise Value Over EBITDA is projected to decrease to (5.06).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 1.7M | 11.3M | 11.8M | Depreciation And Amortization | 1.1M | 4.6M | 7.7M | 8.1M |
Nouveau Monde fundamental ratios Correlations
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Nouveau Monde Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nouveau Monde fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 53.1M | 21.2M | 126.3M | 150.1M | 123.9M | 130.1M | |
Other Current Liab | 4.9M | 2.7M | 1.9M | 2.7M | 3.0M | 2.0M | |
Total Current Liabilities | 9.9M | 10.6M | 15.7M | 16.1M | 12.0M | 6.3M | |
Total Stockholder Equity | 37.4M | (5.3M) | 105.7M | 72.3M | 54.4M | 27.6M | |
Property Plant And Equipment Net | 39.1M | 5.3M | 44.4M | 66.8M | 68.5M | 71.9M | |
Net Debt | 1.0M | 12.9M | (57.9M) | 1.4M | 21.1M | 22.2M | |
Retained Earnings | (28.4M) | (77M) | (116.9M) | (164.6M) | (220.6M) | (209.6M) | |
Cash | 4.1M | 4.5M | 62.4M | 59.9M | 36.3M | 38.1M | |
Non Current Assets Total | 43.5M | 10.7M | 52.2M | 76.2M | 81.0M | 85.1M | |
Cash And Short Term Investments | 4.1M | 4.5M | 62.4M | 59.9M | 36.3M | 38.1M | |
Common Stock Shares Outstanding | 22.7M | 26.3M | 43.0M | 55.6M | 60.1M | 63.1M | |
Liabilities And Stockholders Equity | 53.1M | 21.2M | 126.3M | 150.1M | 123.9M | 130.1M | |
Other Stockholder Equity | 7.4M | 11.1M | 16.1M | 25.3M | 28.5M | 29.9M | |
Total Liab | 15.7M | 26.5M | 20.7M | 77.8M | 69.5M | 73.0M | |
Total Current Assets | 9.6M | 10.4M | 74.2M | 73.9M | 42.9M | 45.1M | |
Accounts Payable | 4.9M | 4.3M | 13.3M | 12.8M | 6.9M | 4.4M | |
Net Receivables | 5.1M | 5.5M | 9.1M | 10.3M | 3.8M | 3.8M | |
Other Current Assets | 300K | 5.9M | 2.8M | 14M | 6.6M | 6.9M | |
Common Stock | 56.2M | 60.5M | 206.5M | 210.8M | 238.8M | 250.8M | |
Non Currrent Assets Other | 2.8M | 4.5M | 7.3M | 8.4M | 11.4M | 11.9M | |
Other Assets | (2.0) | 4.5M | 7.3M | 8.4M | 9.6M | 10.1M | |
Short Term Investments | 19.8K | 22.5K | 0.0 | 55.0M | 63.3M | 66.5M | |
Accumulated Other Comprehensive Income | 2.2M | 1.2M | 0.0 | 829K | 7.7M | 8.1M | |
Net Tangible Assets | 5.2M | (6.3M) | 105.2M | 72.1M | 83.0M | 87.1M | |
Non Current Liabilities Total | 5.9M | 15.9M | 4.9M | 61.6M | 57.5M | 60.4M | |
Net Invested Capital | 42.5M | 11.0M | 107.8M | 130.9M | 109.8M | 70.5M | |
Net Working Capital | (258.5K) | (171K) | 58.4M | 57.8M | 30.9M | 24.7M | |
Intangible Assets | 1.5M | 920K | 481K | 182K | 59K | 56.1K | |
Property Plant Equipment | 3.4M | 5.3M | 44.4M | 66.8M | 76.8M | 80.7M | |
Short Long Term Debt Total | 5.1M | 17.4M | 4.5M | 61.3M | 57.5M | 60.3M | |
Long Term Debt | 149.6K | 14.5M | 1.9M | 58.3M | 54.9M | 57.6M | |
Short Long Term Debt | 5.0M | 1.8M | 208K | 225K | 480K | 456K | |
Capital Stock | 56.2M | 60.5M | 206.5M | 210.8M | 238.8M | 148.3M | |
Short Term Debt | 5.0M | 2.1M | 537K | 656K | 931K | 1.3M |
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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.