| NTBR Stock | | | 56.50 1.00 1.80% |
Northern Bear financial indicator trend analysis is infinitely more than just investigating Northern Bear Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Bear Plc is a good investment. Please check the relationship between Northern Bear Net Receivables and its Depreciation And Amortization accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Bear Plc. 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 Receivables vs Depreciation And Amortization
Net Receivables vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern Bear Plc Net Receivables account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northern Bear's Net Receivables and Depreciation And Amortization is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Northern Bear Plc, assuming nothing else is changed. The correlation between historical values of Northern Bear's Net Receivables and Depreciation And Amortization 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 Receivables of Northern Bear Plc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., Northern Bear's Net Receivables and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Northern Bear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Bear Plc 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 Bear Plc. 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.
Selling General Administrative is likely to drop to about 8.6
M in 2024.
Discontinued Operations is likely to gain to about (3.6
M) in 2024
| 2022 | 2023 | 2024 (projected) |
Interest Expense | 210K | 294K | 261.1K | Depreciation And Amortization | 1.2M | 1.4M | 757.5K |
Northern Bear fundamental ratios Correlations
Click cells to compare fundamentals
Northern Bear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern Bear fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Northern Stock Analysis
When running Northern Bear's price analysis, check to
measure Northern Bear'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 Northern Bear is operating at the current time. Most of Northern Bear's value examination focuses on studying past and present price action to
predict the probability of Northern Bear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Bear's price. Additionally, you may evaluate how the addition of Northern Bear to your portfolios can decrease your overall portfolio volatility.