Native Short Term Debt vs Cash And Short Term Investments 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 Short Term Debt and its Cash And Short Term Investments 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.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

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

The correlation between Native Mineral's Short Term Debt and Cash And Short Term Investments is -0.19. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments 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 Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Native Mineral Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Native Mineral's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Native Mineral Resources balance sheet. This account contains Native Mineral investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Native Mineral Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

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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

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