North Capital Stock vs Net Working Capital Analysis

NSRS Stock

USD 0.0001 0.00 0.00%

North Springs financial indicator trend analysis is infinitely more than just investigating North Springs Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Springs Resources is a good investment. Please check the relationship between North Springs Capital Stock and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Springs 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 metropolitan statistical area.

Capital Stock vs Net Working Capital

Capital Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Springs Resources Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between North Springs' Capital Stock and Net Working Capital is -0.39. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of North Springs Resources, assuming nothing else is changed. The correlation between historical values of North Springs' Capital Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of North Springs Resources are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., North Springs' Capital Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Working Capital

Most indicators from North Springs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Springs 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 North Springs 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 metropolitan statistical area.

Enterprise Value is likely to gain to about 1.8 M in 2024, whereas Selling General Administrative is likely to drop 8,522 in 2024.

North Springs fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net
Total Assets		-0.63	0.79	0.22	0.8	0.71	-0.62	-0.36	0.13	0.13	0.23	0.88	0.41	0.56	0.83	0.38	0.88	-0.97	1.0	0.55	0.26	0.26	0.26	0.26
Total Current Liabilities	-0.63		-0.86	0.6	-0.86	-0.9	1.0	-0.42	0.58	0.58	0.6	-0.51	0.39	0.22	-0.34	0.34	-0.43	0.79	-0.63	-0.59	-0.29	-0.12	-0.28	-0.12
Total Stockholder Equity	0.79	-0.86		-0.32	1.0	0.98	-0.85	0.16	-0.38	-0.38	-0.32	0.49	-0.15	0.06	0.51	-0.25	0.49	-0.87	0.8	0.48	0.29	0.17	0.29	0.17
Other Liab	0.22	0.6	-0.32		-0.32	-0.45	0.61	-0.92	0.87	0.87	1.0	0.32	0.95	0.89	0.48	0.86	0.43	0.02	0.21	-0.11	-0.06	0.14	-0.06	0.14
Net Tangible Assets	0.8	-0.86	1.0	-0.32		0.98	-0.86	0.16	-0.38	-0.38	-0.32	0.5	-0.15	0.06	0.51	-0.25	0.5	-0.88	0.8	0.48	0.29	0.17	0.29	0.17
Retained Earnings	0.71	-0.9	0.98	-0.45	0.98		-0.9	0.32	-0.53	-0.53	-0.45	0.44	-0.27	-0.09	0.39	-0.36	0.4	-0.82	0.72	0.51	0.31	0.21	0.3	0.21
Accounts Payable	-0.62	1.0	-0.85	0.61	-0.86	-0.9		-0.42	0.58	0.58	0.6	-0.51	0.39	0.22	-0.34	0.34	-0.43	0.79	-0.63	-0.59	-0.29	-0.12	-0.28	-0.12
Cash	-0.36	-0.42	0.16	-0.92	0.16	0.32	-0.42		-0.91	-0.91	-0.92	-0.39	-0.89	-0.95	-0.66	-0.82	-0.57	0.15	-0.34	0.11	0.07	0.0	0.07	0.0
Non Current Assets Total	0.13	0.58	-0.38	0.87	-0.38	-0.53	0.58	-0.91		1.0	0.87	0.22	0.77	0.77	0.35	0.83	0.39	0.08	0.12	-0.36	0.01	-0.32	0.02	-0.32
Non Currrent Assets Other	0.13	0.58	-0.38	0.87	-0.38	-0.53	0.58	-0.91	1.0		0.87	0.22	0.77	0.77	0.35	0.83	0.39	0.08	0.12	-0.36	0.01	-0.32	0.02	-0.32
Other Assets	0.23	0.6	-0.32	1.0	-0.32	-0.45	0.6	-0.92	0.87	0.87		0.32	0.95	0.89	0.49	0.86	0.43	0.01	0.21	-0.1	-0.06	0.14	-0.06	0.14
Long Term Debt	0.88	-0.51	0.49	0.32	0.5	0.44	-0.51	-0.39	0.22	0.22	0.32		0.53	0.6	0.78	0.62	0.95	-0.83	0.87	0.62	0.31	0.28	0.3	0.28
Non Current Liabilities Total	0.41	0.39	-0.15	0.95	-0.15	-0.27	0.39	-0.89	0.77	0.77	0.95	0.53		0.92	0.62	0.89	0.59	-0.19	0.4	0.2	0.08	0.28	0.07	0.28
Other Current Assets	0.56	0.22	0.06	0.89	0.06	-0.09	0.22	-0.95	0.77	0.77	0.89	0.6	0.92		0.81	0.83	0.74	-0.36	0.55	0.1	0.06	0.16	0.06	0.16
Other Stockholder Equity	0.83	-0.34	0.51	0.48	0.51	0.39	-0.34	-0.66	0.35	0.35	0.49	0.78	0.62	0.81		0.52	0.89	-0.74	0.82	0.46	0.06	0.34	0.06	0.34
Total Liab	0.38	0.34	-0.25	0.86	-0.25	-0.36	0.34	-0.82	0.83	0.83	0.86	0.62	0.89	0.83	0.52		0.66	-0.19	0.37	0.05	0.1	0.03	0.1	0.03
Total Current Assets	0.88	-0.43	0.49	0.43	0.5	0.4	-0.43	-0.57	0.39	0.39	0.43	0.95	0.59	0.74	0.89	0.66		-0.81	0.88	0.45	0.31	0.12	0.31	0.12
Common Stock	-0.97	0.79	-0.87	0.02	-0.88	-0.82	0.79	0.15	0.08	0.08	0.01	-0.83	-0.19	-0.36	-0.74	-0.19	-0.81		-0.97	-0.62	-0.24	-0.26	-0.24	-0.26
Property Plant Equipment	1.0	-0.63	0.8	0.21	0.8	0.72	-0.63	-0.34	0.12	0.12	0.21	0.87	0.4	0.55	0.82	0.37	0.88	-0.97		0.56	0.26	0.26	0.26	0.26
Net Debt	0.55	-0.59	0.48	-0.11	0.48	0.51	-0.59	0.11	-0.36	-0.36	-0.1	0.62	0.2	0.1	0.46	0.05	0.45	-0.62	0.56		0.23	0.67	0.22	0.67
Net Invested Capital	0.26	-0.29	0.29	-0.06	0.29	0.31	-0.29	0.07	0.01	0.01	-0.06	0.31	0.08	0.06	0.06	0.1	0.31	-0.24	0.26	0.23		-0.38	1.0	-0.38
Capital Stock	0.26	-0.12	0.17	0.14	0.17	0.21	-0.12	0.0	-0.32	-0.32	0.14	0.28	0.28	0.16	0.34	0.03	0.12	-0.26	0.26	0.67	-0.38		-0.39	1.0
Net Working Capital	0.26	-0.28	0.29	-0.06	0.29	0.3	-0.28	0.07	0.02	0.02	-0.06	0.3	0.07	0.06	0.06	0.1	0.31	-0.24	0.26	0.22	1.0	-0.39		-0.39
Property Plant And Equipment Net	0.26	-0.12	0.17	0.14	0.17	0.21	-0.12	0.0	-0.32	-0.32	0.14	0.28	0.28	0.16	0.34	0.03	0.12	-0.26	0.26	0.67	-0.38	1.0	-0.39

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North Springs Account Relationship Matchups

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North Capital Stock vs Net Working Capital Analysis

Capital Stock vs Net Working Capital

Capital Stock vs Net Working Capital Correlation Analysis

Correlation Coefficient

Capital Stock

Net Working Capital

North Springs fundamental ratios Correlations

North Springs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for North Stock Analysis

COMMON DESTINATIONS

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COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Net Working Capital	+ 1.0	Net Invested Capital

Property Plant Equipment	- 0.97	Common Stock
Common Stock	- 0.97	Total Assets
Other Current Assets	- 0.95	Cash
Other Assets	- 0.92	Cash
Cash	- 0.92	Other Liab
Non Currrent Assets Other	- 0.91	Cash