Northwest Investments 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 Investments 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.

Investments vs Change To Account Receivables

Investments 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 Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Northwest Copper's Investments and Change To Account Receivables is 0.31. Overlapping area represents the amount of variation of Investments 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 Investments 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 Investments 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 Investments i.e., Northwest Copper's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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 Expenses1.1M27.5M6.9M7.1M
Cost Of Revenue28.5K128.5K96.2K51.4K

Northwest Copper fundamental ratios Correlations

0.66-0.490.650.50.360.60.960.580.460.720.630.72-0.490.720.540.650.770.72-0.68-0.030.7-0.550.720.220.72
0.66-0.940.970.780.870.890.50.990.960.911.00.91-0.70.910.640.910.790.91-0.990.180.93-0.130.94-0.180.94
-0.49-0.94-0.98-0.9-0.91-0.89-0.28-0.98-0.93-0.87-0.95-0.870.73-0.87-0.75-0.9-0.76-0.870.94-0.14-0.90.17-0.90.36-0.9
0.650.97-0.980.90.870.890.460.990.920.90.980.9-0.750.90.750.920.830.9-0.970.080.93-0.290.93-0.30.93
0.50.78-0.90.90.730.740.250.840.760.720.80.72-0.760.730.760.760.750.72-0.78-0.210.75-0.520.75-0.530.75
0.360.87-0.910.870.730.780.20.910.860.760.870.77-0.790.760.670.790.530.77-0.870.350.790.00.8-0.320.8
0.60.89-0.890.890.740.780.460.880.840.980.890.98-0.640.980.720.990.860.98-0.910.180.98-0.040.97-0.080.97
0.960.5-0.280.460.250.20.460.40.290.590.460.59-0.320.590.410.520.620.59-0.520.080.57-0.450.580.360.58
0.580.99-0.980.990.840.910.880.40.960.890.990.89-0.720.890.680.910.770.89-0.980.160.92-0.150.92-0.290.92
0.460.96-0.930.920.760.860.840.290.960.840.970.84-0.680.840.50.850.730.84-0.950.090.870.010.88-0.250.88
0.720.91-0.870.90.720.760.980.590.890.840.911.0-0.661.00.710.990.911.0-0.940.151.0-0.131.00.041.0
0.631.0-0.950.980.80.870.890.460.990.970.910.91-0.710.910.620.910.80.91-0.990.130.93-0.130.94-0.210.94
0.720.91-0.870.90.720.770.980.590.890.841.00.91-0.661.00.710.990.91.0-0.940.161.0-0.121.00.031.0
-0.49-0.70.73-0.75-0.76-0.79-0.64-0.32-0.72-0.68-0.66-0.71-0.66-0.66-0.5-0.67-0.57-0.660.720.18-0.680.36-0.690.33-0.69
0.720.91-0.870.90.730.760.980.590.890.841.00.911.0-0.660.710.990.911.0-0.940.141.0-0.131.00.031.0
0.540.64-0.750.750.760.670.720.410.680.50.710.620.71-0.50.710.750.610.71-0.650.310.72-0.430.7-0.270.7
0.650.91-0.90.920.760.790.990.520.910.850.990.910.99-0.670.990.750.860.99-0.930.180.99-0.110.98-0.110.98
0.770.79-0.760.830.750.530.860.620.770.730.910.80.9-0.570.910.610.860.9-0.83-0.190.89-0.370.90.10.9
0.720.91-0.870.90.720.770.980.590.890.841.00.911.0-0.661.00.710.990.9-0.940.161.0-0.121.00.031.0
-0.68-0.990.94-0.97-0.78-0.87-0.91-0.52-0.98-0.95-0.94-0.99-0.940.72-0.94-0.65-0.93-0.83-0.94-0.17-0.960.13-0.970.11-0.97
-0.030.18-0.140.08-0.210.350.180.080.160.090.150.130.160.180.140.310.18-0.190.16-0.170.160.50.150.170.15
0.70.93-0.90.930.750.790.980.570.920.871.00.931.0-0.681.00.720.990.891.0-0.960.16-0.131.0-0.031.0
-0.55-0.130.17-0.29-0.520.0-0.04-0.45-0.150.01-0.13-0.13-0.120.36-0.13-0.43-0.11-0.37-0.120.130.5-0.13-0.140.25-0.13
0.720.94-0.90.930.750.80.970.580.920.881.00.941.0-0.691.00.70.980.91.0-0.970.151.0-0.14-0.011.0
0.22-0.180.36-0.3-0.53-0.32-0.080.36-0.29-0.250.04-0.210.030.330.03-0.27-0.110.10.030.110.17-0.030.25-0.01-0.01
0.720.94-0.90.930.750.80.970.580.920.881.00.941.0-0.691.00.70.980.91.0-0.970.151.0-0.131.0-0.01
Click cells to compare fundamentals

Northwest Copper Account Relationship Matchups

Northwest Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities213.3K1.2M7.1M1.8M1.2M1.7M
Net Tangible Assets18.8M11.3M86.6M79.2M91.1M95.7M
Retained Earnings(34.5M)(42.5M)(58.8M)(80.2M)(87.6M)(83.2M)
Accounts Payable42.3K106.8K443.2K1.3M1.5M1.6M
Other Assets54.2K541.6K362.9K482.6K555.0K582.8K
Net Receivables101.9K46.2K762.3K1.6M1.8M1.9M
Other Stockholder Equity8.9M8.8M19.5M21.8M25.1M13.0M
Total Current Assets1.9M572.2K25.7M2.4M2.1M2.0M
Common Stock44.5M44.9M126.0M137.7M158.3M166.2M
Property Plant Equipment1.6M633.7K56.2M78.6M90.4M94.9M
Total Assets18.8M19.4M19.7M81.4M81.1M43.8M
Other Current Liab107.4K327.7K220.3K5.6M6.5M6.8M
Total Stockholder Equity18.6M18.8M18.5M79.2M79.5M42.6M
Cash373.4K1.8M511.8K378.4K231.0K219.5K
Non Current Assets Total17.3M17.4M19.1M79.1M79.0M42.0M
Common Stock Shares Outstanding46.4M54.6M55.9M167.2M207.2M105.3M
Total Liab177.0K571.4K1.2M2.2M1.6M1.2M
Net Invested Capital18.6M18.8M19.0M79.2M79.5M42.7M
Net Working Capital1.3M1.7M(582.9K)520.6K877.9K555.5K

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Additional Tools for Northwest Stock Analysis

When running Northwest Copper's price analysis, check to 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 predict the probability of Northwest Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Copper's price. Additionally, you may evaluate how the addition of Northwest Copper to your portfolios can decrease your overall portfolio volatility.