Northwest Change In Working Capital vs Change To Account Receivables Analysis

NWST Stock

CAD 0.16 0.01 6.67%

Northwest Copper financial indicator trend analysis is infinitely more than just investigating Northwest Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Copper Corp is a good investment. Please check the relationship between Northwest Copper Change In Working Capital and its Change To Account Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Change In Working Capital vs Change To Account Receivables

Change In Working Capital vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Copper Corp Change In Working Capital account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Northwest Copper's Change In Working Capital and Change To Account Receivables is 0.13. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Northwest Copper Corp, assuming nothing else is changed. The correlation between historical values of Northwest Copper's Change In Working Capital and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Northwest Copper Corp are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change In Working Capital i.e., Northwest Copper's Change In Working Capital and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Change To Account Receivables

Most indicators from Northwest Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Copper Corp 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 Northwest Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Enterprise Value is likely to climb to about 32 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.6 M in 2024.

	2020	2021	2023	2024 (projected)
Total Operating Expenses	1.1M	27.5M	6.9M	7.1M
Cost Of Revenue	28.5K	128.5K	96.2K	51.4K

Total Operating Expenses Cost Of Revenue

Northwest Copper fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock	Other Liab	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Current Liabilities		0.66	-0.49	0.65	0.5	0.36	0.6	0.96	0.58	0.46	0.72	0.63	0.72	-0.49	0.72	0.54	0.65	0.77	0.72	-0.68	-0.03	0.7	-0.55	0.72	0.22	0.72
Net Tangible Assets	0.66		-0.94	0.97	0.78	0.87	0.89	0.5	0.99	0.96	0.91	1.0	0.91	-0.7	0.91	0.64	0.91	0.79	0.91	-0.99	0.18	0.93	-0.13	0.94	-0.18	0.94
Retained Earnings	-0.49	-0.94		-0.98	-0.9	-0.91	-0.89	-0.28	-0.98	-0.93	-0.87	-0.95	-0.87	0.73	-0.87	-0.75	-0.9	-0.76	-0.87	0.94	-0.14	-0.9	0.17	-0.9	0.36	-0.9
Accounts Payable	0.65	0.97	-0.98		0.9	0.87	0.89	0.46	0.99	0.92	0.9	0.98	0.9	-0.75	0.9	0.75	0.92	0.83	0.9	-0.97	0.08	0.93	-0.29	0.93	-0.3	0.93
Other Assets	0.5	0.78	-0.9	0.9		0.73	0.74	0.25	0.84	0.76	0.72	0.8	0.72	-0.76	0.73	0.76	0.76	0.75	0.72	-0.78	-0.21	0.75	-0.52	0.75	-0.53	0.75
Net Receivables	0.36	0.87	-0.91	0.87	0.73		0.78	0.2	0.91	0.86	0.76	0.87	0.77	-0.79	0.76	0.67	0.79	0.53	0.77	-0.87	0.35	0.79	0.0	0.8	-0.32	0.8
Other Stockholder Equity	0.6	0.89	-0.89	0.89	0.74	0.78		0.46	0.88	0.84	0.98	0.89	0.98	-0.64	0.98	0.72	0.99	0.86	0.98	-0.91	0.18	0.98	-0.04	0.97	-0.08	0.97
Total Current Assets	0.96	0.5	-0.28	0.46	0.25	0.2	0.46		0.4	0.29	0.59	0.46	0.59	-0.32	0.59	0.41	0.52	0.62	0.59	-0.52	0.08	0.57	-0.45	0.58	0.36	0.58
Common Stock	0.58	0.99	-0.98	0.99	0.84	0.91	0.88	0.4		0.96	0.89	0.99	0.89	-0.72	0.89	0.68	0.91	0.77	0.89	-0.98	0.16	0.92	-0.15	0.92	-0.29	0.92
Property Plant Equipment	0.46	0.96	-0.93	0.92	0.76	0.86	0.84	0.29	0.96		0.84	0.97	0.84	-0.68	0.84	0.5	0.85	0.73	0.84	-0.95	0.09	0.87	0.01	0.88	-0.25	0.88
Total Assets	0.72	0.91	-0.87	0.9	0.72	0.76	0.98	0.59	0.89	0.84		0.91	1.0	-0.66	1.0	0.71	0.99	0.91	1.0	-0.94	0.15	1.0	-0.13	1.0	0.04	1.0
Other Current Liab	0.63	1.0	-0.95	0.98	0.8	0.87	0.89	0.46	0.99	0.97	0.91		0.91	-0.71	0.91	0.62	0.91	0.8	0.91	-0.99	0.13	0.93	-0.13	0.94	-0.21	0.94
Total Stockholder Equity	0.72	0.91	-0.87	0.9	0.72	0.77	0.98	0.59	0.89	0.84	1.0	0.91		-0.66	1.0	0.71	0.99	0.9	1.0	-0.94	0.16	1.0	-0.12	1.0	0.03	1.0
Cash	-0.49	-0.7	0.73	-0.75	-0.76	-0.79	-0.64	-0.32	-0.72	-0.68	-0.66	-0.71	-0.66		-0.66	-0.5	-0.67	-0.57	-0.66	0.72	0.18	-0.68	0.36	-0.69	0.33	-0.69
Non Current Assets Total	0.72	0.91	-0.87	0.9	0.73	0.76	0.98	0.59	0.89	0.84	1.0	0.91	1.0	-0.66		0.71	0.99	0.91	1.0	-0.94	0.14	1.0	-0.13	1.0	0.03	1.0
Non Currrent Assets Other	0.54	0.64	-0.75	0.75	0.76	0.67	0.72	0.41	0.68	0.5	0.71	0.62	0.71	-0.5	0.71		0.75	0.61	0.71	-0.65	0.31	0.72	-0.43	0.7	-0.27	0.7
Common Stock Shares Outstanding	0.65	0.91	-0.9	0.92	0.76	0.79	0.99	0.52	0.91	0.85	0.99	0.91	0.99	-0.67	0.99	0.75		0.86	0.99	-0.93	0.18	0.99	-0.11	0.98	-0.11	0.98
Total Liab	0.77	0.79	-0.76	0.83	0.75	0.53	0.86	0.62	0.77	0.73	0.91	0.8	0.9	-0.57	0.91	0.61	0.86		0.9	-0.83	-0.19	0.89	-0.37	0.9	0.1	0.9
Net Invested Capital	0.72	0.91	-0.87	0.9	0.72	0.77	0.98	0.59	0.89	0.84	1.0	0.91	1.0	-0.66	1.0	0.71	0.99	0.9		-0.94	0.16	1.0	-0.12	1.0	0.03	1.0
Long Term Investments	-0.68	-0.99	0.94	-0.97	-0.78	-0.87	-0.91	-0.52	-0.98	-0.95	-0.94	-0.99	-0.94	0.72	-0.94	-0.65	-0.93	-0.83	-0.94		-0.17	-0.96	0.13	-0.97	0.11	-0.97
Net Working Capital	-0.03	0.18	-0.14	0.08	-0.21	0.35	0.18	0.08	0.16	0.09	0.15	0.13	0.16	0.18	0.14	0.31	0.18	-0.19	0.16	-0.17		0.16	0.5	0.15	0.17	0.15
Capital Stock	0.7	0.93	-0.9	0.93	0.75	0.79	0.98	0.57	0.92	0.87	1.0	0.93	1.0	-0.68	1.0	0.72	0.99	0.89	1.0	-0.96	0.16		-0.13	1.0	-0.03	1.0
Other Liab	-0.55	-0.13	0.17	-0.29	-0.52	0.0	-0.04	-0.45	-0.15	0.01	-0.13	-0.13	-0.12	0.36	-0.13	-0.43	-0.11	-0.37	-0.12	0.13	0.5	-0.13		-0.14	0.25	-0.13
Property Plant And Equipment Net	0.72	0.94	-0.9	0.93	0.75	0.8	0.97	0.58	0.92	0.88	1.0	0.94	1.0	-0.69	1.0	0.7	0.98	0.9	1.0	-0.97	0.15	1.0	-0.14		-0.01	1.0
Capital Lease Obligations	0.22	-0.18	0.36	-0.3	-0.53	-0.32	-0.08	0.36	-0.29	-0.25	0.04	-0.21	0.03	0.33	0.03	-0.27	-0.11	0.1	0.03	0.11	0.17	-0.03	0.25	-0.01		-0.01
Property Plant And Equipment Gross	0.72	0.94	-0.9	0.93	0.75	0.8	0.97	0.58	0.92	0.88	1.0	0.94	1.0	-0.69	1.0	0.7	0.98	0.9	1.0	-0.97	0.15	1.0	-0.13	1.0	-0.01

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Northwest Copper Account Relationship Matchups

Northwest Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	213.3K	1.2M	7.1M	1.8M	1.2M	1.7M
Net Tangible Assets	18.8M	11.3M	86.6M	79.2M	91.1M	95.7M
Retained Earnings	(34.5M)	(42.5M)	(58.8M)	(80.2M)	(87.6M)	(83.2M)
Accounts Payable	42.3K	106.8K	443.2K	1.3M	1.5M	1.6M
Other Assets	54.2K	541.6K	362.9K	482.6K	555.0K	582.8K
Net Receivables	101.9K	46.2K	762.3K	1.6M	1.8M	1.9M
Other Stockholder Equity	8.9M	8.8M	19.5M	21.8M	25.1M	13.0M
Total Current Assets	1.9M	572.2K	25.7M	2.4M	2.1M	2.0M
Common Stock	44.5M	44.9M	126.0M	137.7M	158.3M	166.2M
Property Plant Equipment	1.6M	633.7K	56.2M	78.6M	90.4M	94.9M
Total Assets	18.8M	19.4M	19.7M	81.4M	81.1M	43.8M
Other Current Liab	107.4K	327.7K	220.3K	5.6M	6.5M	6.8M
Total Stockholder Equity	18.6M	18.8M	18.5M	79.2M	79.5M	42.6M
Cash	373.4K	1.8M	511.8K	378.4K	231.0K	219.5K
Non Current Assets Total	17.3M	17.4M	19.1M	79.1M	79.0M	42.0M
Common Stock Shares Outstanding	46.4M	54.6M	55.9M	167.2M	207.2M	105.3M
Total Liab	177.0K	571.4K	1.2M	2.2M	1.6M	1.2M
Net Invested Capital	18.6M	18.8M	19.0M	79.2M	79.5M	42.7M
Net Working Capital	1.3M	1.7M	(582.9K)	520.6K	877.9K	555.5K

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