North Cash Per Share vs Book Value Per Share 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 Cash Per Share and its Book Value Per Share 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.

Cash Per Share vs Book Value Per Share

Cash Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Springs Resources Cash Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between North Springs' Cash Per Share and Book Value Per Share is 0.16. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Book Value Per Share 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' Cash Per Share 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 Cash Per Share of North Springs Resources 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 Cash Per Share i.e., North Springs' Cash Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash Per Share

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 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

-0.630.790.220.80.71-0.62-0.360.130.130.230.880.410.560.830.380.88-0.971.00.550.260.260.260.26
-0.63-0.860.6-0.86-0.91.0-0.420.580.580.6-0.510.390.22-0.340.34-0.430.79-0.63-0.59-0.29-0.12-0.28-0.12
0.79-0.86-0.321.00.98-0.850.16-0.38-0.38-0.320.49-0.150.060.51-0.250.49-0.870.80.480.290.170.290.17
0.220.6-0.32-0.32-0.450.61-0.920.870.871.00.320.950.890.480.860.430.020.21-0.11-0.060.14-0.060.14
0.8-0.861.0-0.320.98-0.860.16-0.38-0.38-0.320.5-0.150.060.51-0.250.5-0.880.80.480.290.170.290.17
0.71-0.90.98-0.450.98-0.90.32-0.53-0.53-0.450.44-0.27-0.090.39-0.360.4-0.820.720.510.310.210.30.21
-0.621.0-0.850.61-0.86-0.9-0.420.580.580.6-0.510.390.22-0.340.34-0.430.79-0.63-0.59-0.29-0.12-0.28-0.12
-0.36-0.420.16-0.920.160.32-0.42-0.91-0.91-0.92-0.39-0.89-0.95-0.66-0.82-0.570.15-0.340.110.070.00.070.0
0.130.58-0.380.87-0.38-0.530.58-0.911.00.870.220.770.770.350.830.390.080.12-0.360.01-0.320.02-0.32
0.130.58-0.380.87-0.38-0.530.58-0.911.00.870.220.770.770.350.830.390.080.12-0.360.01-0.320.02-0.32
0.230.6-0.321.0-0.32-0.450.6-0.920.870.870.320.950.890.490.860.430.010.21-0.1-0.060.14-0.060.14
0.88-0.510.490.320.50.44-0.51-0.390.220.220.320.530.60.780.620.95-0.830.870.620.310.280.30.28
0.410.39-0.150.95-0.15-0.270.39-0.890.770.770.950.530.920.620.890.59-0.190.40.20.080.280.070.28
0.560.220.060.890.06-0.090.22-0.950.770.770.890.60.920.810.830.74-0.360.550.10.060.160.060.16
0.83-0.340.510.480.510.39-0.34-0.660.350.350.490.780.620.810.520.89-0.740.820.460.060.340.060.34
0.380.34-0.250.86-0.25-0.360.34-0.820.830.830.860.620.890.830.520.66-0.190.370.050.10.030.10.03
0.88-0.430.490.430.50.4-0.43-0.570.390.390.430.950.590.740.890.66-0.810.880.450.310.120.310.12
-0.970.79-0.870.02-0.88-0.820.790.150.080.080.01-0.83-0.19-0.36-0.74-0.19-0.81-0.97-0.62-0.24-0.26-0.24-0.26
1.0-0.630.80.210.80.72-0.63-0.340.120.120.210.870.40.550.820.370.88-0.970.560.260.260.260.26
0.55-0.590.48-0.110.480.51-0.590.11-0.36-0.36-0.10.620.20.10.460.050.45-0.620.560.230.670.220.67
0.26-0.290.29-0.060.290.31-0.290.070.010.01-0.060.310.080.060.060.10.31-0.240.260.23-0.381.0-0.38
0.26-0.120.170.140.170.21-0.120.0-0.32-0.320.140.280.280.160.340.030.12-0.260.260.67-0.38-0.391.0
0.26-0.280.29-0.060.290.3-0.280.070.020.02-0.060.30.070.060.060.10.31-0.240.260.221.0-0.39-0.39
0.26-0.120.170.140.170.21-0.120.0-0.32-0.320.140.280.280.160.340.030.12-0.260.260.67-0.381.0-0.39
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North Springs Account Relationship Matchups

Thematic Opportunities

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Additional Tools for North Stock Analysis

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