Northern Total Current Liabilities vs Property Plant And Equipment Net Analysis

SUP Stock  CAD 0.51  0.01  2.00%   
Northern Superior financial indicator trend analysis is infinitely more than just investigating Northern Superior recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Superior is a good investment. Please check the relationship between Northern Superior Total Current Liabilities and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Northern Superior Resources. 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.

Total Current Liabilities vs Property Plant And Equipment Net

Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Superior Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northern Superior's Total Current Liabilities and Property Plant And Equipment Net is 0.76. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Northern Superior Resources, assuming nothing else is changed. The correlation between historical values of Northern Superior's Total Current Liabilities and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Northern Superior Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., Northern Superior's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Northern Superior balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northern Superior Resources 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 indicators from Northern Superior's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Superior 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Northern Superior Resources. 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, Northern Superior's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 32.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.4 M in 2024.

Northern Superior fundamental ratios Correlations

0.731.0-0.580.280.740.580.550.640.4-0.070.720.590.690.950.95-0.07-0.370.56-0.25-0.16-0.380.160.5-0.110.48
0.730.67-0.24-0.130.90.250.240.550.16-0.181.00.280.980.760.760.3-0.190.69-0.24-0.49-0.140.530.410.360.29
1.00.67-0.60.320.690.60.570.630.42-0.060.660.610.630.940.94-0.12-0.370.52-0.25-0.11-0.40.10.49-0.170.49
-0.58-0.24-0.6-0.27-0.05-1.0-0.99-0.02-0.69-0.21-0.24-0.99-0.31-0.3-0.30.150.3-0.050.32-0.280.250.15-0.410.21-0.38
0.28-0.130.32-0.27-0.060.280.2-0.140.10.21-0.140.19-0.10.250.25-0.840.360.26-0.090.65-0.68-0.660.12-0.770.24
0.740.90.69-0.05-0.060.050.050.740.18-0.20.90.10.810.840.840.28-0.130.83-0.15-0.59-0.080.520.360.250.29
0.580.250.6-1.00.280.050.990.020.690.210.240.980.310.310.31-0.16-0.310.05-0.320.28-0.25-0.150.41-0.210.39
0.550.240.57-0.990.20.050.990.030.70.180.241.00.30.270.27-0.05-0.260.06-0.350.2-0.14-0.120.41-0.160.39
0.640.550.63-0.02-0.140.740.020.030.11-0.190.560.110.440.720.720.36-0.250.57-0.39-0.670.170.560.51-0.030.46
0.40.160.42-0.690.10.180.690.70.110.170.160.710.140.210.210.05-0.210.220.00.030.070.030.3-0.040.35
-0.07-0.18-0.06-0.210.21-0.20.210.18-0.190.17-0.190.16-0.16-0.16-0.16-0.46-0.23-0.12-0.240.4-0.34-0.44-0.51-0.54-0.55
0.721.00.66-0.24-0.140.90.240.240.560.16-0.190.270.980.750.750.32-0.190.7-0.24-0.51-0.110.560.420.380.3
0.590.280.61-0.990.190.10.981.00.110.710.160.270.320.320.32-0.02-0.280.1-0.380.15-0.12-0.070.45-0.160.42
0.690.980.63-0.31-0.10.810.310.30.440.14-0.160.980.320.70.70.25-0.20.61-0.25-0.39-0.190.50.410.360.28
0.950.760.94-0.30.250.840.310.270.720.21-0.160.750.320.71.0-0.05-0.30.63-0.17-0.26-0.380.220.42-0.060.42
0.950.760.94-0.30.250.840.310.270.720.21-0.160.750.320.71.0-0.05-0.30.63-0.17-0.26-0.380.220.42-0.060.42
-0.070.3-0.120.15-0.840.28-0.16-0.050.360.05-0.460.32-0.020.25-0.05-0.05-0.030.12-0.16-0.880.860.840.310.720.21
-0.37-0.19-0.370.30.36-0.13-0.31-0.26-0.25-0.21-0.23-0.19-0.28-0.2-0.3-0.3-0.030.34-0.14-0.020.24-0.130.14-0.160.2
0.560.690.52-0.050.260.830.050.060.570.22-0.120.70.10.610.630.630.120.34-0.3-0.47-0.020.370.48-0.030.46
-0.25-0.24-0.250.32-0.09-0.15-0.32-0.35-0.390.0-0.24-0.24-0.38-0.25-0.17-0.17-0.16-0.14-0.30.27-0.2-0.25-0.470.4-0.32
-0.16-0.49-0.11-0.280.65-0.590.280.2-0.670.030.4-0.510.15-0.39-0.26-0.26-0.88-0.02-0.470.27-0.72-0.89-0.39-0.53-0.29
-0.38-0.14-0.40.25-0.68-0.08-0.25-0.140.170.07-0.34-0.11-0.12-0.19-0.38-0.380.860.24-0.02-0.2-0.720.620.230.440.19
0.160.530.10.15-0.660.52-0.15-0.120.560.03-0.440.56-0.070.50.220.220.84-0.130.37-0.25-0.890.620.530.60.39
0.50.410.49-0.410.120.360.410.410.510.3-0.510.420.450.410.420.420.310.140.48-0.47-0.390.230.530.00.96
-0.110.36-0.170.21-0.770.25-0.21-0.16-0.03-0.04-0.540.38-0.160.36-0.06-0.060.72-0.16-0.030.4-0.530.440.60.0-0.07
0.480.290.49-0.380.240.290.390.390.460.35-0.550.30.420.280.420.420.210.20.46-0.32-0.290.190.390.96-0.07
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Northern Superior Account Relationship Matchups

Northern Superior fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6M19.1M24.8M51.1M3.4M3.2M
Total Current Liabilities138.8K2.1M3.5M6.7M558.7K941.7K
Total Stockholder Equity8.5M17.0M21.3M44.3M2.6M2.5M
Net Debt(429.2K)(9.7M)(12.0M)(1.4M)(2.1M)(2.2M)
Retained Earnings(66.8M)(67.8M)(69.1M)(67.5M)(110.2M)(104.7M)
Accounts Payable32.6K246.5K206.7K2.0M153.9K254.2K
Cash429.2K9.7M12.0M1.4M2.1M2.0M
Cash And Short Term Investments431.2K9.7M12.0M1.4M2.5M4.7M
Net Receivables98.1K146.4K88.5K1.3M653.9K425.6K
Liabilities And Stockholders Equity8.6M19.1M24.8M51.1M3.4M3.2M
Other Stockholder Equity10.8M11.8M12.8M629.9K724.4K688.2K
Total Liab138.8K2.1M3.5M6.7M758.9K982.6K
Total Current Assets556.7K9.9M12.1M2.8M3.3M5.3M
Other Current Liab106.2K1.9M3.3M4.6M404.8K384.5K
Property Plant And Equipment Net8.1M9.3M12.8M48.2M7.0K6.7K
Non Current Assets Total8.1M9.3M12.8M48.3M102.7K97.6K
Common Stock Shares Outstanding35.1M53.2M63.7M83.5M140.4M147.4M
Accumulated Other Comprehensive Income(8.3K)(4.9K)12.8M14.1M3.8M3.3M
Other Current Assets27.5K146.4K88.5K1.3M159.0K270.8K
Non Currrent Assets Other6.7M7.1M8.1M95.7K110.0K104.5K
Common Stock64.5M73.1M77.7M97.7M108.3M79.3M
Net Tangible Assets9.0M8.5M17.0M21.3M24.5M12.9M
Property Plant Equipment7.1M8.1M9.3M12.8M14.7M8.7M
Net Invested Capital8.5M17.0M21.3M44.3M2.6M2.5M
Net Working Capital417.9K7.8M8.5M(3.9M)2.7M2.3M
Capital Stock64.5M73.1M77.7M97.7M108.3M89.1M

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When running Northern Superior's price analysis, check to measure Northern Superior'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 Northern Superior is operating at the current time. Most of Northern Superior's value examination focuses on studying past and present price action to predict the probability of Northern Superior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Superior's price. Additionally, you may evaluate how the addition of Northern Superior to your portfolios can decrease your overall portfolio volatility.