Native Cash And Equivalents vs Short Term Debt Analysis

NMR Stock

0.03 0 5.71%

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

Cash And Equivalents vs Short Term Debt

Cash And Equivalents vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Native Mineral Resources Cash And Equivalents account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Native Mineral's Cash And Equivalents and Short Term Debt is -0.88. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Native Mineral Resources, assuming nothing else is changed. The correlation between historical values of Native Mineral's Cash And Equivalents and Short Term 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 Cash And Equivalents of Native Mineral Resources are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash And Equivalents i.e., Native Mineral's Cash And Equivalents and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Cash And Equivalents

Short Term Debt

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

Selling General Administrative is likely to gain to about 1.9 M in 2024. Issuance Of Capital Stock is likely to gain to about 3.2 M in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	37.9K	44.5K	51.1K	33.0K
Cost Of Revenue	147.0K	44.5K	38.2K	47.5K

Reconciled Depreciation Cost Of Revenue

Native Mineral fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net
Total Assets		0.5	0.11	-0.15	0.92	0.32	0.46	-0.95	-0.02	-0.2	1.0	1.0	0.15	-0.14	-0.21	0.07	0.26	-0.15	1.0	-0.16	-0.17	0.3	-0.03	-0.1	-0.02	-0.05
Short Long Term Debt Total	0.5		0.76	0.62	0.18	0.54	0.86	-0.25	-0.86	0.42	0.44	0.44	0.69	0.51	0.45	0.65	0.95	0.62	0.46	-0.84	0.53	0.92	-0.87	0.68	-0.86	0.7
Other Current Liab	0.11	0.76		0.64	-0.17	0.13	0.43	0.1	-0.81	0.62	0.05	0.05	0.51	0.59	0.19	0.85	0.79	0.64	0.08	-0.74	0.53	0.81	-0.78	0.8	-0.78	0.7
Total Current Liabilities	-0.15	0.62	0.64		-0.53	0.09	0.45	0.44	-0.83	0.88	-0.18	-0.18	0.27	0.81	0.35	0.39	0.75	1.0	-0.17	-0.92	0.99	0.62	-0.69	0.71	-0.69	0.47
Total Stockholder Equity	0.92	0.18	-0.17	-0.53		0.24	0.22	-0.99	0.32	-0.52	0.93	0.93	0.02	-0.46	-0.32	-0.1	-0.08	-0.53	0.93	0.23	-0.54	0.01	0.25	-0.38	0.25	-0.23
Net Tangible Assets	0.32	0.54	0.13	0.09	0.24		0.61	-0.26	-0.33	-0.12	0.3	0.3	0.49	-0.02	0.61	0.23	0.42	0.09	0.31	-0.29	0.04	0.41	-0.5	0.11	-0.5	0.2
Current Deferred Revenue	0.46	0.86	0.43	0.45	0.22	0.61		-0.26	-0.76	0.06	0.41	0.41	0.57	0.46	0.72	0.53	0.86	0.45	0.43	-0.63	0.38	0.84	-0.79	0.61	-0.78	0.64
Net Debt	-0.95	-0.25	0.1	0.44	-0.99	-0.26	-0.26		-0.25	0.44	-0.96	-0.96	-0.03	0.38	0.32	0.06	0.0	0.44	-0.96	-0.14	0.45	-0.07	-0.2	0.31	-0.2	0.21
Retained Earnings	-0.02	-0.86	-0.81	-0.83	0.32	-0.33	-0.76	-0.25		-0.58	0.04	0.04	-0.6	-0.76	-0.63	-0.74	-0.97	-0.83	0.02	0.88	-0.75	-0.92	0.96	-0.91	0.96	-0.82
Accounts Payable	-0.2	0.42	0.62	0.88	-0.52	-0.12	0.06	0.44	-0.58		-0.21	-0.21	0.19	0.63	-0.06	0.21	0.49	0.88	-0.21	-0.8	0.89	0.37	-0.44	0.48	-0.44	0.27
Cash	1.0	0.44	0.05	-0.18	0.93	0.3	0.41	-0.96	0.04	-0.21		1.0	0.08	-0.17	-0.26	0.01	0.2	-0.18	1.0	-0.11	-0.19	0.24	0.04	-0.15	0.04	-0.12
Cash And Short Term Investments	1.0	0.44	0.05	-0.18	0.93	0.3	0.41	-0.96	0.04	-0.21	1.0		0.08	-0.17	-0.26	0.01	0.2	-0.18	1.0	-0.11	-0.19	0.24	0.04	-0.15	0.04	-0.12
Net Receivables	0.15	0.69	0.51	0.27	0.02	0.49	0.57	-0.03	-0.6	0.19	0.08	0.08		0.18	0.48	0.38	0.63	0.27	0.11	-0.48	0.18	0.64	-0.75	0.44	-0.75	0.81
Common Stock Shares Outstanding	-0.14	0.51	0.59	0.81	-0.46	-0.02	0.46	0.38	-0.76	0.63	-0.17	-0.17	0.18		0.39	0.42	0.66	0.81	-0.16	-0.64	0.79	0.71	-0.61	0.88	-0.61	0.42
Inventory	-0.21	0.45	0.19	0.35	-0.32	0.61	0.72	0.32	-0.63	-0.06	-0.26	-0.26	0.48	0.39		0.43	0.58	0.35	-0.24	-0.34	0.28	0.56	-0.73	0.56	-0.72	0.6
Other Current Assets	0.07	0.65	0.85	0.39	-0.1	0.23	0.53	0.06	-0.74	0.21	0.01	0.01	0.38	0.42	0.43		0.73	0.39	0.04	-0.49	0.26	0.77	-0.76	0.77	-0.76	0.72
Other Stockholder Equity	0.26	0.95	0.79	0.75	-0.08	0.42	0.86	0.0	-0.97	0.49	0.2	0.2	0.63	0.66	0.58	0.73		0.75	0.23	-0.88	0.66	0.95	-0.94	0.83	-0.94	0.8
Total Liab	-0.15	0.62	0.64	1.0	-0.53	0.09	0.45	0.44	-0.83	0.88	-0.18	-0.18	0.27	0.81	0.35	0.39	0.75		-0.17	-0.92	0.99	0.62	-0.69	0.71	-0.69	0.47
Total Current Assets	1.0	0.46	0.08	-0.17	0.93	0.31	0.43	-0.96	0.02	-0.21	1.0	1.0	0.11	-0.16	-0.24	0.04	0.23	-0.17		-0.13	-0.18	0.27	0.01	-0.13	0.02	-0.09
Cash And Equivalents	-0.16	-0.84	-0.74	-0.92	0.23	-0.29	-0.63	-0.14	0.88	-0.8	-0.11	-0.11	-0.48	-0.64	-0.34	-0.49	-0.88	-0.92	-0.13		-0.88	-0.74	0.79	-0.66	0.78	-0.59
Short Term Debt	-0.17	0.53	0.53	0.99	-0.54	0.04	0.38	0.45	-0.75	0.89	-0.19	-0.19	0.18	0.79	0.28	0.26	0.66	0.99	-0.18	-0.88		0.52	-0.58	0.62	-0.58	0.36
Common Stock	0.3	0.92	0.81	0.62	0.01	0.41	0.84	-0.07	-0.92	0.37	0.24	0.24	0.64	0.71	0.56	0.77	0.95	0.62	0.27	-0.74	0.52		-0.91	0.89	-0.91	0.77
Net Invested Capital	-0.03	-0.87	-0.78	-0.69	0.25	-0.5	-0.79	-0.2	0.96	-0.44	0.04	0.04	-0.75	-0.61	-0.73	-0.76	-0.94	-0.69	0.01	0.79	-0.58	-0.91		-0.84	1.0	-0.88
Capital Stock	-0.1	0.68	0.8	0.71	-0.38	0.11	0.61	0.31	-0.91	0.48	-0.15	-0.15	0.44	0.88	0.56	0.77	0.83	0.71	-0.13	-0.66	0.62	0.89	-0.84		-0.84	0.75
Net Working Capital	-0.02	-0.86	-0.78	-0.69	0.25	-0.5	-0.78	-0.2	0.96	-0.44	0.04	0.04	-0.75	-0.61	-0.72	-0.76	-0.94	-0.69	0.02	0.78	-0.58	-0.91	1.0	-0.84		-0.88
Property Plant And Equipment Net	-0.05	0.7	0.7	0.47	-0.23	0.2	0.64	0.21	-0.82	0.27	-0.12	-0.12	0.81	0.42	0.6	0.72	0.8	0.47	-0.09	-0.59	0.36	0.77	-0.88	0.75	-0.88

Click cells to compare fundamentals

Native Mineral Account Relationship Matchups

Native Mineral fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9M	2.1M	724.0K	566.0K	159.6K	151.6K
Total Current Liabilities	41.8K	142.1K	225.9K	371.3K	1.9M	2.0M
Total Stockholder Equity	4.9M	2.0M	498.0K	194.7K	(1.7M)	(1.6M)
Net Tangible Assets	(24.8K)	2.0M	498.0K	194.7K	223.9K	381.4K
Net Debt	(4.9M)	(2.0M)	(450.0K)	(306.8K)	1.1M	1.2M
Retained Earnings	(1.9M)	(4.7M)	(9.3M)	(13.0M)	(16.7M)	(15.9M)
Accounts Payable	41.8K	38.3K	67.8K	38.7K	312.0K	327.6K
Cash	4.9M	2.0M	450.0K	306.8K	10.5K	9.9K
Cash And Short Term Investments	4.9M	2.0M	450.0K	306.8K	10.5K	9.9K
Net Receivables	11.5K	36.6K	89.9K	28.2K	26.4K	33.6K
Liabilities And Stockholders Equity	4.9M	2.1M	724.0K	566.0K	159.6K	151.6K
Other Current Assets	11.5K	21.8K	19.7K	84.8K	32.1K	30.0K
Total Liab	41.8K	142.1K	225.9K	371.3K	1.9M	2.0M
Total Current Assets	4.9M	2.1M	559.6K	419.8K	69.0K	65.5K
Accumulated Other Comprehensive Income	302K	353.0K	495.0K	645.2K	293.1K	235.1K
Common Stock	6.5M	6.3M	9.3M	12.5M	14.7M	7.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Native Stock Analysis

When running Native Mineral's price analysis, check to measure Native Mineral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Native Mineral is operating at the current time. Most of Native Mineral's value examination focuses on studying past and present price action to predict the probability of Native Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Native Mineral's price. Additionally, you may evaluate how the addition of Native Mineral to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC