North Ebit vs Ebitda Analysis
NOA Stock | USD 19.74 0.13 0.66% |
North American financial indicator trend analysis is infinitely more than just investigating North American Const recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North American Const is a good investment. Please check the relationship between North American Ebit and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Ebit vs Ebitda
Ebit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North American Const Ebit account and Ebitda. At this time, the significance of the direction appears to have weak relationship.
The correlation between North American's Ebit and Ebitda is 0.32. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of North American Construction, assuming nothing else is changed. The correlation between historical values of North American's Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of North American Construction are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., North American's Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Ebitda
Most indicators from North American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North American Const 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 North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At present, North American's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.08, whereas Selling General Administrative is forecasted to decline to about 31.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 654.1M | 769.5M | 957.2M | 605.0M | Interest Expense | 18.0M | 23.5M | 36.9M | 38.8M |
North American fundamental ratios Correlations
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North American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North American fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 792.7M | 838.9M | 869.3M | 979.5M | 1.5B | 1.6B | |
Total Stockholder Equity | 180.1M | 248.4M | 278.5M | 305.9M | 356.7M | 374.5M | |
Non Current Assets Total | 675.3M | 719.0M | 722.1M | 749.2M | 1.3B | 1.3B | |
Non Currrent Assets Other | 7.1M | 6.2M | 6M | 5.3M | 6.6M | 6.9M | |
Other Assets | 22.4M | 23.0M | 6M | 3.2M | 2.9M | 2.7M | |
Common Stock Shares Outstanding | 32.8M | 32.3M | 33.9M | 34.0M | 33.0M | 34.6M | |
Liabilities And Stockholders Equity | 792.7M | 838.9M | 869.3M | 979.5M | 1.5B | 1.6B | |
Non Current Liabilities Total | 455.2M | 481.3M | 429.8M | 481.3M | 865.8M | 909.1M | |
Other Stockholder Equity | 34.0M | 28.5M | 19.7M | 5.7M | 4.6M | 4.3M | |
Total Liab | 612.5M | 590.5M | 590.8M | 673.6M | 1.2B | 1.2B | |
Short Long Term Debt Total | 432.1M | 446.2M | 395.2M | 435.4M | 717.1M | 752.9M | |
Other Current Liab | 15.2M | 20.0M | 34.5M | 57.7M | 108.5M | 113.9M | |
Total Current Liabilities | 157.3M | 109.2M | 161.0M | 192.3M | 324.0M | 340.2M | |
Property Plant And Equipment Net | 609.6M | 651.9M | 655.7M | 660.5M | 1.2B | 1.2B | |
Current Deferred Revenue | 23K | 1.5M | 3.3M | 1.4M | 59K | 56.1K | |
Net Debt | 426.6M | 402.3M | 378.6M | 366.2M | 628.4M | 659.9M | |
Retained Earnings | (79.9M) | (35.2M) | 11.9M | 70.5M | 123.0M | 129.2M | |
Accounts Payable | 88.2M | 41.4M | 76.3M | 102.5M | 146.2M | 79.8M | |
Cash | 5.5M | 43.9M | 16.6M | 69.1M | 88.6M | 93.0M | |
Cash And Short Term Investments | 5.5M | 43.9M | 16.6M | 69.1M | 88.6M | 93.0M | |
Net Receivables | 85.9M | 39.1M | 74.2M | 89.0M | 117.3M | 96.8M | |
Common Stock Total Equity | 231.0M | 221.8M | 226.0M | 255.1M | 293.3M | 222.7M | |
Inventory | 21.6M | 19.2M | 44.5M | 49.9M | 65.0M | 68.2M | |
Other Current Assets | 4.2M | 17.6M | 11.9M | 22.3M | 24.3M | 25.5M | |
Total Current Assets | 117.4M | 120.0M | 147.2M | 230.4M | 295.2M | 152.0M | |
Short Term Debt | 53.9M | 47.2M | 48.0M | 44.6M | 94.4M | 99.2M | |
Intangible Assets | 0.0 | 378K | 3.9M | 6.8M | 7.0M | 3.6M | |
Common Stock | 226.0M | 255.1M | 246.9M | 229.5M | 263.9M | 269.0M | |
Other Liab | 77.0M | 83.0M | 82.6M | 90.5M | 104.0M | 59.5M | |
Net Tangible Assets | 180.1M | 248.4M | 274.1M | 298.6M | 343.4M | 360.6M | |
Long Term Debt | 313.4M | 341.5M | 306.0M | 358.1M | 611.3M | 641.9M | |
Long Term Investments | 42.9M | 44.1M | 56.0M | 75.6M | 81.4M | 85.5M | |
Short Long Term Debt | 18.5M | 16.3M | 19.7M | 20.6M | 92.7M | 97.3M | |
Treasury Stock | (11.7M) | (15.9M) | (18.0M) | (17.8M) | (16.0M) | (15.2M) | |
Property Plant Equipment | 609.6M | 651.9M | 655.7M | 660.5M | 759.6M | 387.2M | |
Long Term Debt Total | 360.5M | 384.1M | 335.7M | 378.5M | 435.2M | 248.9M | |
Capital Surpluse | 49.9M | 46.5M | 37.5M | 22.1M | 25.4M | 41.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Equipment & Services 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 North American. If investors know North 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 North American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.196 | Dividend Share 0.4 | Earnings Share 1.36 | Revenue Per Share 44.139 | Quarterly Revenue Growth 0.457 |
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American'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 North American's market value can be influenced by many factors that don't directly affect North American'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 North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American'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.