| NRT Stock | | | USD 4.35 0.15 3.57% |
North European financial indicator trend analysis is infinitely more than just investigating North European Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North European Oil is a good investment. Please check the relationship between North European Dividends Paid and its Free Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Dividends Paid vs Free Cash Flow
Dividends Paid vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
North European Oil Dividends Paid account and
Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between North European's Dividends Paid and Free Cash Flow is 0.81. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of North European Oil, assuming nothing else is changed. The correlation between historical values of North European's Dividends Paid and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of North European Oil are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Dividends Paid i.e., North European's Dividends Paid and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from North European's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North European Oil 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 European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, North European's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 8.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 897.6
K in 2024.
North European fundamental ratios Correlations
Click cells to compare fundamentals
North European Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North European fundamental ratios Accounts
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Additional Tools for North Stock Analysis
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measure North European'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 North European is operating at the current time. Most of North European's value examination focuses on studying past and present price action to
predict the probability of North European's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North European's price. Additionally, you may evaluate how the addition of North European to your portfolios can decrease your overall portfolio volatility.