New Historical Balance Sheet

NUAG Stock  CAD 2.17  0.06  2.69%   
Trend analysis of New Pacific Metals balance sheet accounts such as Total Stockholder Equity of 143.4 M provides information on New Pacific's total assets, liabilities, and equity, which is the actual value of New Pacific Metals to its prevalent stockholders. By breaking down trends over time using New Pacific balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining New Pacific Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether New Pacific Metals is a good buy for the upcoming year.

New Pacific Inventory

761,743

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. 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.

About New Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of New Pacific Metals at a specified time, usually calculated after every quarter, six months, or one year. New Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Pacific and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which New currently owns. An asset can also be divided into two categories, current and non-current.

New Pacific Balance Sheet Chart

At this time, New Pacific's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 11th of December 2024, Inventory is likely to grow to about 761.7 K, while Other Current Liabilities is likely to drop about 726.7 K.

Total Assets

Total assets refers to the total amount of New Pacific assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in New Pacific Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on New Pacific balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of New Pacific Metals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from New Pacific's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Pacific Metals current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 New Pacific Metals. 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, New Pacific's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 11th of December 2024, Inventory is likely to grow to about 761.7 K, while Other Current Liabilities is likely to drop about 726.7 K.
 2021 2022 2023 2024 (projected)
Other Current Liabilities1.8M945.1K1.1M726.7K
Total Assets124.1M118.3M137.7M144.5M

New Pacific balance sheet Correlations

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0.530.790.520.52-0.32-0.430.540.420.51-0.520.460.180.740.480.530.03-0.090.780.3-0.310.220.480.560.370.38
0.560.790.550.54-0.39-0.510.930.390.56-0.170.430.250.840.590.49-0.03-0.241.00.28-0.280.50.570.660.530.53
1.00.520.550.96-0.43-0.650.550.610.97-0.320.740.320.290.950.80.17-0.30.560.56-0.24-0.040.960.90.90.9
0.960.520.540.96-0.22-0.720.560.431.0-0.350.880.060.270.930.880.0-0.330.550.32-0.380.00.950.870.830.84
-0.43-0.32-0.39-0.43-0.220.09-0.31-0.94-0.230.160.09-0.9-0.36-0.36-0.2-0.25-0.04-0.39-0.850.09-0.04-0.34-0.45-0.43-0.42
-0.65-0.43-0.51-0.65-0.720.09-0.57-0.29-0.720.32-0.820.13-0.21-0.82-0.810.110.44-0.51-0.080.560.07-0.81-0.74-0.61-0.62
0.560.540.930.550.56-0.31-0.570.310.580.040.450.180.70.640.48-0.09-0.330.930.19-0.260.560.610.690.60.6
0.610.420.390.610.43-0.94-0.290.310.43-0.270.160.790.320.550.420.2-0.030.390.86-0.22-0.030.540.620.570.57
0.970.510.560.971.0-0.23-0.720.580.43-0.340.870.080.280.940.870.03-0.350.570.33-0.360.00.960.880.850.86
-0.32-0.52-0.17-0.32-0.350.160.320.04-0.27-0.34-0.480.06-0.2-0.26-0.54-0.160.27-0.18-0.090.490.3-0.34-0.32-0.21-0.22
0.740.460.430.740.880.09-0.820.450.160.87-0.48-0.340.190.770.92-0.26-0.390.44-0.08-0.64-0.030.810.70.590.6
0.320.180.250.320.06-0.90.130.180.790.080.06-0.340.250.25-0.080.420.130.250.930.36-0.050.190.30.350.34
0.310.740.840.290.27-0.36-0.210.70.320.28-0.20.190.250.280.34-0.02-0.20.830.24-0.20.670.280.370.230.23
0.950.480.590.950.93-0.36-0.820.640.550.94-0.260.770.250.280.80.14-0.370.610.49-0.27-0.050.980.920.90.91
0.810.530.490.80.88-0.2-0.810.480.420.87-0.540.92-0.080.340.8-0.11-0.410.490.16-0.660.050.860.780.660.67
0.170.03-0.030.170.0-0.250.11-0.090.20.03-0.16-0.260.42-0.020.14-0.11-0.12-0.030.530.42-0.160.160.150.380.37
-0.3-0.09-0.24-0.3-0.33-0.040.44-0.33-0.03-0.350.27-0.390.13-0.2-0.37-0.41-0.12-0.250.010.2-0.15-0.44-0.39-0.46-0.46
0.570.781.00.560.55-0.39-0.510.930.390.57-0.180.440.250.830.610.49-0.03-0.250.28-0.270.490.580.670.550.54
0.560.30.280.560.32-0.85-0.080.190.860.33-0.09-0.080.930.240.490.160.530.010.280.27-0.120.450.490.570.56
-0.24-0.31-0.28-0.24-0.380.090.56-0.26-0.22-0.360.49-0.640.36-0.2-0.27-0.660.420.2-0.270.27-0.17-0.35-0.32-0.15-0.16
-0.030.220.5-0.040.0-0.040.070.56-0.030.00.3-0.03-0.050.67-0.050.05-0.16-0.150.49-0.12-0.170.00.050.080.08
0.960.480.570.960.95-0.34-0.810.610.540.96-0.340.810.190.280.980.860.16-0.440.580.45-0.350.00.920.930.93
0.90.560.660.90.87-0.45-0.740.690.620.88-0.320.70.30.370.920.780.15-0.390.670.49-0.320.050.920.890.89
0.90.370.530.90.83-0.43-0.610.60.570.85-0.210.590.350.230.90.660.38-0.460.550.57-0.150.080.930.891.0
0.90.380.530.90.84-0.42-0.620.60.570.86-0.220.60.340.230.910.670.37-0.460.540.56-0.160.080.930.891.0
Click cells to compare fundamentals

New Pacific Account Relationship Matchups

New Pacific balance sheet Accounts

201920202021202220232024 (projected)
Total Assets130.9M126.8M124.1M118.3M137.7M144.5M
Other Current Liab957.0K467.9K1.8M945.1K1.1M726.7K
Total Current Liabilities1.5M1.1M3.9M2.3M1.2M1.1M
Total Stockholder Equity129.5M125.7M120.3M116.1M136.6M143.4M
Property Plant And Equipment Net70.7M76.7M86.8M104.9M115.0M120.8M
Net Debt(29.8M)(46.4M)(29.3M)(6.3M)(5.7M)(6.0M)
Retained Earnings(31.8M)(54.1M)(60.5M)(68.6M)(74.6M)(70.9M)
Accounts Payable539.2K626.7K2.1M1.4M575.3K496.2K
Cash29.8M46.4M29.3M6.3M22.0M13.5M
Non Current Assets Total76.9M79.4M90.9M110.8M115.1M120.8M
Non Currrent Assets Other(101.8K)(95.6K)(112.3K)(139.4K)(125.5K)(119.2K)
Cash And Short Term Investments44.9M46.6M29.5M6.5M7.5M7.1M
Net Receivables303.6K343.6K3.2M421.9K51.3K48.8K
Common Stock Shares Outstanding150.7M153.3M155.6M156.9M171.3M179.9M
Liabilities And Stockholders Equity130.9M126.8M124.1M118.3M136.1M142.9M
Other Current Assets8.7M523.1K479.3K558.85642.68610.54
Other Stockholder Equity(142.9K)(118.4K)(119.9K)(115.5K)(104.0K)(98.8K)
Total Liab1.5M1.1M3.9M2.3M1.2M1.1M
Total Current Assets54.0M47.5M33.2M7.5M22.6M21.3M
Accumulated Other Comprehensive Income4.8M13.6M11.7M10.2M11.8M12.4M
Short Term Investments15.1M143.9K192.4K198.4K258.7K245.8K
Common Stock140.3M149.6M153.7M155.8M179.2M97.6M
Net Tangible Assets176.7M125.7M120.2M116.1M133.5M124.9M
Net Invested Capital176.8M125.7M120.3M116.1M136.6M128.1M
Long Term Investments5.6M496.5K496.7K283.1K56.5K53.7K
Net Working Capital71.7M46.4M29.3M5.2M21.4M26.2M
Property Plant Equipment96.5M76.6M86.7M104.9M120.7M80.6M
Capital Stock140.3M149.6M153.7M155.8M182.0M164.2M
Intangible Assets121.591.5160.930.535.0766.98

Pair Trading with New Pacific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Pacific will appreciate offsetting losses from the drop in the long position's value.

Moving together with New Stock

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Moving against New Stock

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  0.49AQN Algonquin Power UtilitiesPairCorr
The ability to find closely correlated positions to New Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Pacific Metals to buy it.
The correlation of New Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Pacific Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether New Pacific Metals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. 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.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Please note, there is a significant difference between New Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.