Northern Net Debt vs Long Term Debt Analysis

NST Stock

17.18 0.43 2.44%

Northern Star financial indicator trend analysis is infinitely more than just investigating Northern Star Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Star Resources is a good investment. Please check the relationship between Northern Star Net Debt and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Star 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 board of governors.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Star Resources Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Northern Star's Net Debt and Long Term Debt is 0.8. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Northern Star Resources, assuming nothing else is changed. The correlation between historical values of Northern Star's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Northern Star Resources are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Northern Star's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Northern Star Resources has held for over one year. Long-term debt appears on Northern Star Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Northern Star Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Northern Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Star 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 Northern Star 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 board of governors.

At this time, Northern Star's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 31.9 M in 2024, whereas Tax Provision is likely to drop slightly above 188.2 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.1B	1.1B	1.2B	1.2B
Cost Of Revenue	3.3B	3.6B	3.8B	3.9B

Depreciation And Amortization Cost Of Revenue

Northern Star fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Cash	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Accounts Payable	Net Receivables	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Common Stock Total Equity	Short Long Term Debt Total	Long Term Debt	Non Current Liabilities Total	Short Term Debt	Other Assets	Non Currrent Assets Other
Total Assets		0.94	1.0	0.92	0.62	0.99	0.99	1.0	0.51	0.97	1.0	0.71	0.98	1.0	0.92	0.92	1.0	0.98	0.96	0.94	0.93	0.93	0.99	0.57	0.94	0.94
Total Current Liabilities	0.94		0.93	0.91	0.66	0.95	0.92	0.93	0.61	0.95	0.93	0.65	0.93	0.93	0.91	0.9	0.93	0.96	0.96	0.99	0.9	0.86	0.92	0.75	0.88	0.9
Total Stockholder Equity	1.0	0.93		0.9	0.62	0.98	1.0	1.0	0.49	0.96	1.0	0.69	0.98	1.0	0.9	0.92	1.0	0.97	0.97	0.93	0.91	0.91	0.98	0.54	0.91	0.92
Cash	0.92	0.91	0.9		0.53	0.95	0.87	0.9	0.68	0.9	0.88	0.61	0.95	0.9	1.0	0.9	0.89	0.97	0.86	0.92	0.95	0.95	0.94	0.67	0.95	0.91
Other Current Assets	0.62	0.66	0.62	0.53		0.6	0.65	0.61	0.27	0.75	0.63	0.43	0.53	0.61	0.53	0.49	0.61	0.65	0.73	0.61	0.55	0.55	0.58	0.3	0.51	0.51
Total Liab	0.99	0.95	0.98	0.95	0.6		0.97	0.99	0.53	0.97	0.98	0.75	0.99	0.99	0.95	0.91	0.99	0.99	0.94	0.95	0.97	0.96	1.0	0.63	0.97	0.97
Common Stock	0.99	0.92	1.0	0.87	0.65	0.97		0.99	0.45	0.96	1.0	0.69	0.96	0.99	0.87	0.9	1.0	0.95	0.97	0.91	0.89	0.89	0.97	0.51	0.89	0.9
Property Plant Equipment	1.0	0.93	1.0	0.9	0.61	0.99	0.99		0.5	0.96	1.0	0.71	0.98	1.0	0.9	0.91	1.0	0.96	0.96	0.93	0.92	0.92	0.99	0.54	0.93	0.94
Accounts Payable	0.51	0.61	0.49	0.68	0.27	0.53	0.45	0.5		0.51	0.48	0.01	0.62	0.49	0.67	0.71	0.49	0.6	0.57	0.59	0.49	0.47	0.52	0.41	0.5	0.49
Net Receivables	0.97	0.95	0.96	0.9	0.75	0.97	0.96	0.96	0.51		0.96	0.73	0.94	0.96	0.9	0.86	0.96	0.97	0.95	0.95	0.93	0.92	0.96	0.62	0.91	0.92
Property Plant And Equipment Net	1.0	0.93	1.0	0.88	0.63	0.98	1.0	1.0	0.48	0.96		0.7	0.97	1.0	0.88	0.91	1.0	0.96	0.97	0.92	0.9	0.91	0.98	0.52	0.91	0.92
Net Debt	0.71	0.65	0.69	0.61	0.43	0.75	0.69	0.71	0.01	0.73	0.7		0.66	0.72	0.61	0.5	0.71	0.67	0.57	0.72	0.82	0.8	0.75	0.64	0.81	0.81
Retained Earnings	0.98	0.93	0.98	0.95	0.53	0.99	0.96	0.98	0.62	0.94	0.97	0.66		0.98	0.95	0.94	0.98	0.98	0.93	0.94	0.94	0.94	0.99	0.59	0.95	0.95
Non Current Assets Total	1.0	0.93	1.0	0.9	0.61	0.99	0.99	1.0	0.49	0.96	1.0	0.72	0.98		0.9	0.91	1.0	0.97	0.96	0.93	0.92	0.93	0.99	0.55	0.93	0.94
Cash And Short Term Investments	0.92	0.91	0.9	1.0	0.53	0.95	0.87	0.9	0.67	0.9	0.88	0.61	0.95	0.9		0.9	0.89	0.97	0.86	0.92	0.95	0.95	0.94	0.67	0.95	0.91
Common Stock Shares Outstanding	0.92	0.9	0.92	0.9	0.49	0.91	0.9	0.91	0.71	0.86	0.91	0.5	0.94	0.91	0.9		0.91	0.92	0.91	0.89	0.84	0.83	0.91	0.55	0.85	0.83
Property Plant And Equipment Gross	1.0	0.93	1.0	0.89	0.61	0.99	1.0	1.0	0.49	0.96	1.0	0.71	0.98	1.0	0.89	0.91		0.96	0.96	0.92	0.91	0.92	0.99	0.53	0.92	0.93
Total Current Assets	0.98	0.96	0.97	0.97	0.65	0.99	0.95	0.96	0.6	0.97	0.96	0.67	0.98	0.97	0.97	0.92	0.96		0.94	0.96	0.96	0.95	0.98	0.65	0.95	0.93
Other Current Liab	0.96	0.96	0.97	0.86	0.73	0.94	0.97	0.96	0.57	0.95	0.97	0.57	0.93	0.96	0.86	0.91	0.96	0.94		0.92	0.83	0.82	0.92	0.53	0.83	0.85
Common Stock Total Equity	0.94	0.99	0.93	0.92	0.61	0.95	0.91	0.93	0.59	0.95	0.92	0.72	0.94	0.93	0.92	0.89	0.92	0.96	0.92		0.94	0.89	0.94	0.8	0.92	0.93
Short Long Term Debt Total	0.93	0.9	0.91	0.95	0.55	0.97	0.89	0.92	0.49	0.93	0.9	0.82	0.94	0.92	0.95	0.84	0.91	0.96	0.83	0.94		0.99	0.97	0.73	0.99	0.97
Long Term Debt	0.93	0.86	0.91	0.95	0.55	0.96	0.89	0.92	0.47	0.92	0.91	0.8	0.94	0.93	0.95	0.83	0.92	0.95	0.82	0.89	0.99		0.97	0.61	0.99	0.96
Non Current Liabilities Total	0.99	0.92	0.98	0.94	0.58	1.0	0.97	0.99	0.52	0.96	0.98	0.75	0.99	0.99	0.94	0.91	0.99	0.98	0.92	0.94	0.97	0.97		0.59	0.97	0.97
Short Term Debt	0.57	0.75	0.54	0.67	0.3	0.63	0.51	0.54	0.41	0.62	0.52	0.64	0.59	0.55	0.67	0.55	0.53	0.65	0.53	0.8	0.73	0.61	0.59		0.67	0.68
Other Assets	0.94	0.88	0.91	0.95	0.51	0.97	0.89	0.93	0.5	0.91	0.91	0.81	0.95	0.93	0.95	0.85	0.92	0.95	0.83	0.92	0.99	0.99	0.97	0.67		0.98
Non Currrent Assets Other	0.94	0.9	0.92	0.91	0.51	0.97	0.9	0.94	0.49	0.92	0.92	0.81	0.95	0.94	0.91	0.83	0.93	0.93	0.85	0.93	0.97	0.96	0.97	0.68	0.98

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Northern Star Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Stockholder Equity

High Negative Relationship

Not Found

Northern Star fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	11.5B	11.5B	12.7B	13.4B	14.1B
Total Current Liabilities	638.2M	771.6M	776.3M	626.1M	784M	823.2M
Total Stockholder Equity	2.1B	8.0B	8.2B	8.5B	8.8B	9.2B
Cash	677.3M	771.9M	571.1M	1.1B	1.1B	1.2B
Other Current Assets	49.2M	258.9M	44.1M	49.1M	82.8M	86.9M
Total Liab	1.8B	3.6B	3.2B	4.2B	4.7B	4.9B
Common Stock	1.3B	6.4B	6.4B	6.3B	6.3B	6.6B
Property Plant Equipment	2.3B	9.0B	9.2B	9.3B	10.7B	11.2B
Accounts Payable	47.0M	37.8M	45.5M	39.9M	63.2M	66.4M
Net Receivables	95.3M	223.3M	134.9M	169.2M	187.4M	196.8M
Property Plant And Equipment Net	1.9B	8.4B	8.6B	8.6B	9.0B	9.5B
Net Debt	133.8M	116.2M	(59.6M)	188.8M	224.7M	235.9M
Retained Earnings	806.5M	1.5B	1.8B	2.1B	2.4B	2.5B
Non Current Assets Total	2.9B	9.7B	10.1B	10.6B	11.4B	12.0B
Cash And Short Term Investments	677.3M	771.9M	571.1M	1.1B	1.1B	1.2B
Common Stock Shares Outstanding	695.3M	903.6M	1.2B	1.2B	1.2B	1.2B
Liabilities And Stockholders Equity	4.0B	11.5B	11.5B	12.7B	13.4B	14.1B
Property Plant And Equipment Gross	2.3B	9.3B	9.9B	10.2B	11.0B	11.6B
Total Current Assets	1.1B	1.8B	1.4B	2.1B	2.0B	2.1B
Accumulated Other Comprehensive Income	13.4M	14.9M	48.7M	78.4M	102.2M	107.3M
Other Current Liab	218.0M	647.3M	610.2M	447.2M	539.2M	566.2M
Short Long Term Debt Total	811.1M	888.1M	511.5M	1.3B	1.3B	1.4B
Long Term Debt	394.8M	709.8M	297.9M	1.1B	1.1B	1.1B
Non Current Liabilities Total	1.2B	2.8B	2.5B	3.6B	3.9B	4.1B
Short Term Debt	361.3M	86.5M	120.6M	139M	152.4M	160.0M
Other Assets	337.3M	405.7M	269.2M	667.1M	767.2M	805.5M
Non Currrent Assets Other	812.5M	1.0B	918.5M	1.4B	2.1B	2.2B
Other Liab	579.6M	1.7B	1.7B	2.0B	2.3B	2.4B
Current Deferred Revenue	12.0M	582M	(120.6M)	(139M)	29.2M	25.2M
Inventory	289.7M	583.9M	679.2M	714.9M	627.2M	658.6M
Other Stockholder Equity	42.1M	(2.1B)	(8.0B)	(8.4B)	(7.6B)	(7.2B)
Long Term Investments	21.4M	23.2M	184.3M	190.5M	182.7M	191.8M
Net Tangible Assets	2.1B	8.0B	8.1B	8.4B	9.7B	10.2B
Long Term Debt Total	449.8M	801.6M	390.9M	1.2B	1.4B	1.4B
Capital Lease Obligations	113.8M	141.9M	143.3M	146.6M	159.8M	97.3M
Net Invested Capital	2.8B	8.7B	8.6B	9.7B	10.0B	5.8B

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