| NTBR Stock | | | 57.00 4.50 8.57% |
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 Other Current Assets and its Common Stock Total Equity 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.
Other Current Assets vs Common Stock Total Equity
Other Current Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern Bear Plc Other Current Assets account and
Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Northern Bear's Other Current Assets and Common Stock Total Equity is -0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Total Equity 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 Other Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Northern Bear Plc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Current Assets i.e., Northern Bear's Other Current Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.82 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 2025.
Discontinued Operations is likely to gain to about (3.6
M) in 2025
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
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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.