Nouveau Inventory Turnover vs Book Value Per Share Analysis

NOU Stock

CAD 1.73 0.02 1.14%

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 Inventory Turnover and its Book Value Per Share 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 board of governors.

Inventory Turnover vs Book Value Per Share

Inventory Turnover vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nouveau Monde Graphite Inventory Turnover account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Nouveau Monde's Inventory Turnover and Book Value Per Share is -0.07. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Book Value Per Share 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 Inventory Turnover and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Nouveau Monde Graphite are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Inventory Turnover i.e., Nouveau Monde's Inventory Turnover and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 board of governors.

At this time, Nouveau Monde's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 718.8 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (5.06) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.3M	1.7M	11.3M	11.8M
Depreciation And Amortization	1.1M	4.6M	8.1M	8.6M

Interest Expense Depreciation And Amortization

Nouveau Monde fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Other Current Assets	Net Tangible Assets	Accounts Payable	Short Term Investments	Common Stock	Property Plant Equipment	Other Assets	Other Liab	Deferred Long Term Liab	Net Invested Capital	Net Working Capital
Total Assets		0.47	0.85	0.86	0.97	-0.06	-0.92	0.94	0.97	0.94	0.96	0.94	0.9	0.95	0.82	0.98	0.94	0.86	0.95	0.98	0.94	0.73	-0.06	-0.56	0.95	0.8
Other Current Liab	0.47		0.62	0.46	0.57	0.06	-0.34	0.27	0.57	0.27	0.46	0.36	0.41	0.31	0.5	0.28	0.31	0.56	0.24	0.37	0.39	0.19	0.54	-0.13	0.36	0.01
Total Current Liabilities	0.85	0.62		0.84	0.78	-0.19	-0.74	0.81	0.79	0.81	0.83	0.75	0.73	0.84	0.95	0.77	0.72	0.97	0.7	0.79	0.68	0.62	-0.03	-0.18	0.82	0.65
Total Stockholder Equity	0.86	0.46	0.84		0.76	-0.52	-0.64	0.91	0.75	0.91	0.72	0.66	0.57	0.91	0.84	0.82	0.87	0.87	0.76	0.78	0.69	0.65	-0.02	-0.16	0.9	0.85
Property Plant And Equipment Net	0.97	0.57	0.78	0.76		0.13	-0.92	0.83	1.0	0.83	0.96	0.94	0.92	0.84	0.71	0.92	0.88	0.76	0.91	0.95	0.94	0.64	0.0	-0.66	0.89	0.65
Net Debt	-0.06	0.06	-0.19	-0.52	0.13		-0.22	-0.31	0.14	-0.31	0.14	0.22	0.36	-0.3	-0.31	-0.07	-0.23	-0.31	-0.01	0.02	0.16	-0.09	-0.01	-0.48	-0.16	-0.43
Retained Earnings	-0.92	-0.34	-0.74	-0.64	-0.92	-0.22		-0.83	-0.93	-0.82	-0.98	-0.99	-0.96	-0.83	-0.66	-0.94	-0.87	-0.72	-0.95	-0.97	-0.96	-0.75	0.14	0.74	-0.84	-0.66
Cash	0.94	0.27	0.81	0.91	0.83	-0.31	-0.83		0.83	1.0	0.86	0.84	0.77	1.0	0.84	0.96	0.95	0.87	0.92	0.91	0.85	0.78	-0.13	-0.38	0.95	0.94
Non Current Assets Total	0.97	0.57	0.79	0.75	1.0	0.14	-0.93	0.83		0.83	0.97	0.95	0.93	0.84	0.71	0.92	0.88	0.77	0.91	0.95	0.95	0.64	0.01	-0.67	0.88	0.64
Cash And Short Term Investments	0.94	0.27	0.81	0.91	0.83	-0.31	-0.82	1.0	0.83		0.86	0.84	0.77	1.0	0.84	0.96	0.95	0.87	0.92	0.91	0.85	0.78	-0.13	-0.38	0.95	0.94
Common Stock Shares Outstanding	0.96	0.46	0.83	0.72	0.96	0.14	-0.98	0.86	0.97	0.86		0.99	0.95	0.87	0.76	0.94	0.88	0.81	0.94	0.98	0.95	0.73	-0.1	-0.68	0.87	0.67
Other Stockholder Equity	0.94	0.36	0.75	0.66	0.94	0.22	-0.99	0.84	0.95	0.84	0.99		0.97	0.84	0.68	0.94	0.87	0.73	0.95	0.98	0.96	0.72	-0.14	-0.73	0.86	0.67
Total Liab	0.9	0.41	0.73	0.57	0.92	0.36	-0.96	0.77	0.93	0.77	0.95	0.97		0.78	0.67	0.89	0.77	0.7	0.88	0.92	0.94	0.69	-0.08	-0.68	0.82	0.6
Total Current Assets	0.95	0.31	0.84	0.91	0.84	-0.3	-0.83	1.0	0.84	1.0	0.87	0.84	0.78		0.88	0.96	0.93	0.9	0.91	0.91	0.84	0.77	-0.14	-0.37	0.95	0.92
Net Receivables	0.82	0.5	0.95	0.84	0.71	-0.31	-0.66	0.84	0.71	0.84	0.76	0.68	0.67	0.88		0.76	0.69	0.97	0.66	0.74	0.61	0.59	-0.11	-0.09	0.8	0.72
Other Current Assets	0.98	0.28	0.77	0.82	0.92	-0.07	-0.94	0.96	0.92	0.96	0.94	0.94	0.89	0.96	0.76		0.96	0.8	0.99	0.98	0.94	0.76	-0.16	-0.59	0.95	0.86
Net Tangible Assets	0.94	0.31	0.72	0.87	0.88	-0.23	-0.87	0.95	0.88	0.95	0.88	0.87	0.77	0.93	0.69	0.96		0.77	0.96	0.95	0.92	0.77	-0.02	-0.58	0.91	0.85
Accounts Payable	0.86	0.56	0.97	0.87	0.76	-0.31	-0.72	0.87	0.77	0.87	0.81	0.73	0.7	0.9	0.97	0.8	0.77		0.73	0.8	0.7	0.66	0.05	-0.16	0.84	0.73
Short Term Investments	0.95	0.24	0.7	0.76	0.91	-0.01	-0.95	0.92	0.91	0.92	0.94	0.95	0.88	0.91	0.66	0.99	0.96	0.73		0.98	0.96	0.75	-0.14	-0.68	0.92	0.82
Common Stock	0.98	0.37	0.79	0.78	0.95	0.02	-0.97	0.91	0.95	0.91	0.98	0.98	0.92	0.91	0.74	0.98	0.95	0.8	0.98		0.96	0.75	-0.12	-0.68	0.91	0.76
Property Plant Equipment	0.94	0.39	0.68	0.69	0.94	0.16	-0.96	0.85	0.95	0.85	0.95	0.96	0.94	0.84	0.61	0.94	0.92	0.7	0.96	0.96		0.76	0.05	-0.73	0.87	0.7
Other Assets	0.73	0.19	0.62	0.65	0.64	-0.09	-0.75	0.78	0.64	0.78	0.73	0.72	0.69	0.77	0.59	0.76	0.77	0.66	0.75	0.75	0.76		-0.06	-0.33	0.75	0.72
Other Liab	-0.06	0.54	-0.03	-0.02	0.0	-0.01	0.14	-0.13	0.01	-0.13	-0.1	-0.14	-0.08	-0.14	-0.11	-0.16	-0.02	0.05	-0.14	-0.12	0.05	-0.06		0.06	-0.13	-0.23
Deferred Long Term Liab	-0.56	-0.13	-0.18	-0.16	-0.66	-0.48	0.74	-0.38	-0.67	-0.38	-0.68	-0.73	-0.68	-0.37	-0.09	-0.59	-0.58	-0.16	-0.68	-0.68	-0.73	-0.33	0.06		-0.38	-0.2
Net Invested Capital	0.95	0.36	0.82	0.9	0.89	-0.16	-0.84	0.95	0.88	0.95	0.87	0.86	0.82	0.95	0.8	0.95	0.91	0.84	0.92	0.91	0.87	0.75	-0.13	-0.38		0.89
Net Working Capital	0.8	0.01	0.65	0.85	0.65	-0.43	-0.66	0.94	0.64	0.94	0.67	0.67	0.6	0.92	0.72	0.86	0.85	0.73	0.82	0.76	0.7	0.72	-0.23	-0.2	0.89

Click cells to compare fundamentals

Nouveau Monde Account Relationship Matchups

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	1.7M	1.9M	2.6M	2.9M	1.9M
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	9.9M	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
Net Receivables	5.1M	5.5M	9.1M	10.3M	3.8M	3.8M
Other Current Assets	300K	215K	2.8M	3.1M	2.7M	2.8M
Net Tangible Assets	5.2M	(6.3M)	105.2M	72.1M	83.0M	87.1M
Accounts Payable	4.9M	7.0M	13.3M	12.8M	6.9M	5.3M
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
Common Stock	56.2M	60.5M	206.5M	210.8M	238.8M	250.8M
Property Plant Equipment	3.4M	5.3M	44.4M	66.8M	76.8M	80.7M
Other Assets	(2.0)	4.5M	7.3M	8.4M	9.6M	5.1M
Non Currrent Assets Other	2.8M	4.5M	7.3M	8.4M	11.4M	6.6M
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
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

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 Nouveau Stock Analysis

When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde 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