NWST Stock | | | CAD 0.15 0.01 7.14% |
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 Common Stock Shares Outstanding and its Capital Lease Obligations 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.
Common Stock Shares Outstanding vs Capital Lease Obligations
Common Stock Shares Outstanding vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northwest Copper Corp Common Stock Shares Outstanding account and
Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northwest Copper's Common Stock Shares Outstanding and Capital Lease Obligations is -0.11. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Lease Obligations 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 Common Stock Shares Outstanding and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Northwest Copper Corp are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock Shares Outstanding i.e., Northwest Copper's Common Stock Shares Outstanding and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Capital Lease Obligations
Northwest Copper Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Northwest Copper asset purchases. For example, Northwest Copper can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Northwest Copper control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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.
Northwest Copper fundamental ratios Correlations
Click cells to compare fundamentals
Northwest Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northwest Copper fundamental ratios Accounts
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Additional Tools for Northwest Stock Analysis
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measure Northwest Copper'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 Northwest Copper is operating at the current time. Most of Northwest Copper's value examination focuses on studying past and present price action to
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