New Common Stock vs Net Debt Analysis

NZ Stock

CAD 0.65 0.01 1.56%

New Zealand financial indicator trend analysis is infinitely more than just investigating New Zealand Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Zealand Energy is a good investment. Please check the relationship between New Zealand Common Stock and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Zealand Energy. 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.

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Zealand Energy Common Stock account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between New Zealand's Common Stock and Net Debt is 0.55. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of New Zealand Energy, assuming nothing else is changed. The correlation between historical values of New Zealand's Common Stock and Net Debt 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 of New Zealand Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock i.e., New Zealand's Common Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Common Stock

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from New Zealand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Zealand Energy 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 New Zealand Energy. 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 1.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 1.2 M in 2024

	2023	2024 (projected)
Non Recurring	76.5M	80.4M
Cost Of Revenue	2.3M	4.1M

Non Recurring Cost Of Revenue

New Zealand fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Long Term Investments	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.91	1.0	-0.89	0.99	0.98	0.98	0.97	0.78	0.92	0.86	-0.91	0.84	0.77	0.91	0.84	-0.85	0.94	-0.24	0.56	0.66	0.71	0.21	-0.63	0.39	0.45
Total Current Liabilities	0.91		0.89	-0.93	0.89	0.9	0.97	0.93	0.93	0.79	0.71	-0.99	0.96	0.95	0.99	0.98	-0.87	0.74	-0.15	0.57	0.53	0.55	0.16	-0.48	0.3	0.35
Total Stockholder Equity	1.0	0.89		-0.88	1.0	0.98	0.97	0.96	0.75	0.92	0.87	-0.88	0.82	0.73	0.89	0.82	-0.85	0.96	-0.27	0.61	0.69	0.73	0.23	-0.65	0.42	0.46
Other Liab	-0.89	-0.93	-0.88		-0.88	-0.89	-0.93	-0.94	-0.8	-0.72	-0.76	0.92	-0.82	-0.88	-0.93	-0.9	0.83	-0.75	0.32	-0.53	-0.46	-0.54	-0.02	0.39	-0.26	-0.2
Net Tangible Assets	0.99	0.89	1.0	-0.88		0.97	0.97	0.96	0.75	0.93	0.87	-0.88	0.82	0.73	0.89	0.82	-0.86	0.96	-0.27	0.62	0.69	0.73	0.25	-0.65	0.44	0.45
Retained Earnings	0.98	0.9	0.98	-0.89	0.97		0.97	0.97	0.77	0.87	0.82	-0.89	0.82	0.79	0.91	0.84	-0.75	0.91	-0.25	0.44	0.6	0.65	0.16	-0.59	0.28	0.48
Accounts Payable	0.98	0.97	0.97	-0.93	0.97	0.97		0.98	0.85	0.89	0.81	-0.96	0.91	0.86	0.96	0.91	-0.87	0.88	-0.21	0.59	0.6	0.63	0.19	-0.56	0.35	0.4
Cash	0.97	0.93	0.96	-0.94	0.96	0.97	0.98		0.8	0.86	0.78	-0.93	0.87	0.86	0.94	0.89	-0.81	0.86	-0.17	0.51	0.51	0.57	0.17	-0.46	0.34	0.31
Other Assets	0.78	0.93	0.75	-0.8	0.75	0.77	0.85	0.8		0.62	0.58	-0.95	0.95	0.92	0.94	0.97	-0.79	0.56	-0.16	0.51	0.56	0.56	0.28	-0.54	0.39	0.36
Net Receivables	0.92	0.79	0.92	-0.72	0.93	0.87	0.89	0.86	0.62		0.73	-0.76	0.77	0.58	0.76	0.66	-0.81	0.94	0.02	0.66	0.63	0.6	0.34	-0.56	0.42	0.42
Inventory	0.86	0.71	0.87	-0.76	0.87	0.82	0.81	0.78	0.58	0.73		-0.73	0.61	0.55	0.75	0.67	-0.75	0.84	-0.4	0.51	0.78	0.85	0.23	-0.74	0.49	0.51
Other Stockholder Equity	-0.91	-0.99	-0.88	0.92	-0.88	-0.89	-0.96	-0.93	-0.95	-0.76	-0.73		-0.96	-0.95	-0.99	-0.99	0.87	-0.72	0.19	-0.55	-0.54	-0.58	-0.16	0.5	-0.35	-0.32
Total Liab	0.84	0.96	0.82	-0.82	0.82	0.82	0.91	0.87	0.95	0.77	0.61	-0.96		0.92	0.96	0.95	-0.83	0.66	0.0	0.58	0.53	0.49	0.33	-0.47	0.37	0.34
Short Long Term Debt	0.77	0.95	0.73	-0.88	0.73	0.79	0.86	0.86	0.92	0.58	0.55	-0.95	0.92		0.95	0.98	-0.73	0.52	-0.12	0.4	0.31	0.36	0.04	-0.27	0.17	0.19
Total Current Assets	0.91	0.99	0.89	-0.93	0.89	0.91	0.96	0.94	0.94	0.76	0.75	-0.99	0.96	0.95		0.99	-0.85	0.73	-0.19	0.54	0.56	0.59	0.2	-0.52	0.35	0.36
Short Term Debt	0.84	0.98	0.82	-0.9	0.82	0.84	0.91	0.89	0.97	0.66	0.67	-0.99	0.95	0.98	0.99		-0.81	0.62	-0.19	0.49	0.5	0.53	0.16	-0.47	0.31	0.33
Common Stock	-0.85	-0.87	-0.85	0.83	-0.86	-0.75	-0.87	-0.81	-0.79	-0.81	-0.75	0.87	-0.83	-0.73	-0.85	-0.81		-0.77	0.19	-0.81	-0.66	-0.68	-0.27	0.55	-0.6	-0.22
Property Plant Equipment	0.94	0.74	0.96	-0.75	0.96	0.91	0.88	0.86	0.56	0.94	0.84	-0.72	0.66	0.52	0.73	0.62	-0.77		-0.26	0.61	0.7	0.73	0.26	-0.66	0.44	0.47
Other Current Liab	-0.24	-0.15	-0.27	0.32	-0.27	-0.25	-0.21	-0.17	-0.16	0.02	-0.4	0.19	0.0	-0.12	-0.19	-0.19	0.19	-0.26		-0.17	-0.34	-0.5	0.31	0.37	-0.04	-0.17
Long Term Investments	0.56	0.57	0.61	-0.53	0.62	0.44	0.59	0.51	0.51	0.66	0.51	-0.55	0.58	0.4	0.54	0.49	-0.81	0.61	-0.17		0.61	0.55	0.45	-0.45	0.69	0.12
Non Current Assets Total	0.66	0.53	0.69	-0.46	0.69	0.6	0.6	0.51	0.56	0.63	0.78	-0.54	0.53	0.31	0.56	0.5	-0.66	0.7	-0.34	0.61		0.95	0.55	-0.94	0.65	0.73
Non Currrent Assets Other	0.71	0.55	0.73	-0.54	0.73	0.65	0.63	0.57	0.56	0.6	0.85	-0.58	0.49	0.36	0.59	0.53	-0.68	0.73	-0.5	0.55	0.95		0.41	-0.91	0.66	0.61
Non Current Liabilities Total	0.21	0.16	0.23	-0.02	0.25	0.16	0.19	0.17	0.28	0.34	0.23	-0.16	0.33	0.04	0.2	0.16	-0.27	0.26	0.31	0.45	0.55	0.41		-0.53	0.75	0.24
Net Debt	-0.63	-0.48	-0.65	0.39	-0.65	-0.59	-0.56	-0.46	-0.54	-0.56	-0.74	0.5	-0.47	-0.27	-0.52	-0.47	0.55	-0.66	0.37	-0.45	-0.94	-0.91	-0.53		-0.59	-0.73
Common Stock Shares Outstanding	0.39	0.3	0.42	-0.26	0.44	0.28	0.35	0.34	0.39	0.42	0.49	-0.35	0.37	0.17	0.35	0.31	-0.6	0.44	-0.04	0.69	0.65	0.66	0.75	-0.59		0.08
Net Invested Capital	0.45	0.35	0.46	-0.2	0.45	0.48	0.4	0.31	0.36	0.42	0.51	-0.32	0.34	0.19	0.36	0.33	-0.22	0.47	-0.17	0.12	0.73	0.61	0.24	-0.73	0.08

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New Zealand Account Relationship Matchups

New Zealand fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.8M	13.1M	15.0M	15.9M	15.3M	28.6M
Total Current Liabilities	2.1M	1.1M	4.3M	4.2M	1.3M	1.2M
Total Stockholder Equity	3.1M	2.6M	1.6M	3.5M	3.6M	3.4M
Other Liab	11.5M	8.3M	9.4M	9.1M	10.5M	9.9M
Net Tangible Assets	4.9M	3.7M	2.6M	1.5M	1.3M	1.2M
Retained Earnings	(140.7M)	(141.9M)	(142.7M)	(140.9M)	(108.4M)	(113.8M)
Accounts Payable	900.3K	581.8K	1.5M	1.3M	964.8K	916.6K
Cash	1.5M	1.0M	463.3K	527.6K	1.2M	1.2M
Other Assets	586.4K	463.7K	475.1K	247.0K	222.3K	211.2K
Net Receivables	748.5K	269.1K	1.5M	924.6K	445.2K	423.0K
Inventory	767.1K	830.3K	619.8K	660.8K	625.3K	1.1M
Other Stockholder Equity	34.6M	34.8M	34.5M	34.6M	39.8M	34.3M
Total Liab	13.8M	10.5M	13.4M	12.4M	11.7M	11.0M
Total Current Assets	3.2M	2.3M	2.7M	2.2M	2.3M	2.2M
Property Plant Equipment	14.6M	10.4M	10.3M	11.9M	10.7M	10.2M
Other Current Liab	627.4K	230.1K	475.4K	386.4K	444.4K	577.0K
Non Current Assets Total	13.7M	10.8M	12.3M	13.7M	12.9M	11.8M
Non Currrent Assets Other	463.7K	475.1K	247.0K	242.3K	273.6K	494.5K
Non Current Liabilities Total	11.7M	9.4M	9.1M	8.3M	10.4M	8.4M
Net Invested Capital	3.1M	2.6M	3.7M	5.7M	6.1M	5.1M
Net Working Capital	1.1M	1.2M	(1.6M)	(2.0M)	1.0M	1.1M

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