North Free Cash Flow Per Share vs Free Cash Flow Yield 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 Free Cash Flow Per Share and its Free Cash Flow Yield 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.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Springs Resources Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very strong relationship.
The correlation between North Springs' Free Cash Flow Per Share and Free Cash Flow Yield is 0.8. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield 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' Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of North Springs Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., North Springs' Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
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

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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.