Northern Dynasty Book Value Per Share vs. Retained Earnings
| NDM Stock | CAD 0.63 0.02 3.08% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.23248762 | Current Value 0.22 | Quarterly Volatility 0.49534518 |
For Northern Dynasty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Dynasty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Dynasty Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Dynasty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Dynasty Minerals over time as well as its relative position and ranking within its peers.
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Northern Dynasty Minerals Retained Earnings vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Dynasty's current stock value. Our valuation model uses many indicators to compare Northern Dynasty value to that of its competitors to determine the firm's financial worth. Northern Dynasty Minerals is regarded fourth in book value per share category among its peers. It is regarded third in retained earnings category among its peers . At this time, Northern Dynasty's Book Value Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Northern Dynasty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northern Dynasty's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Northern Retained Earnings vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Northern Dynasty |
| = | 0.23 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Northern Dynasty |
| = | (696.96 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Northern Retained Earnings Comparison
Northern Dynasty is currently under evaluation in retained earnings category among its peers.
Northern Dynasty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Dynasty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Dynasty will eventually generate negative long term returns. The profitability progress is the general direction of Northern Dynasty's change in net profit over the period of time. It can combine multiple indicators of Northern Dynasty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 117.3 M | 61.6 M | |
| Operating Income | -22.3 M | -23.5 M | |
| Income Before Tax | -21.1 M | -22.2 M | |
| Total Other Income Expense Net | 1.2 M | 1.2 M | |
| Net Loss | -21 M | -22 M | |
| Income Tax Expense | -110 K | -104.5 K | |
| Net Loss | -23.8 M | -25 M | |
| Net Loss | -22 M | -23.1 M | |
| Interest Income | 312 K | 393.4 K | |
| Net Interest Income | 252 K | 188.4 K | |
| Change To Netincome | 3.1 M | 3.3 M | |
| Net Loss | (0.04) | (0.04) | |
| Income Quality | 1.05 | 0.73 | |
| Net Income Per E B T | 0.99 | 0.63 |
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Dynasty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Dynasty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Dynasty's important profitability drivers and their relationship over time.
Use Northern Dynasty in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Dynasty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Dynasty will appreciate offsetting losses from the drop in the long position's value.Northern Dynasty Pair Trading
Northern Dynasty Minerals Pair Trading Analysis
The ability to find closely correlated positions to Northern Dynasty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Dynasty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Dynasty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Dynasty Minerals to buy it.
The correlation of Northern Dynasty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Dynasty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Dynasty Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Dynasty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Northern Dynasty position
In addition to having Northern Dynasty in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in production and distribution of domestic and international beer. The Beers theme has 48 constituents at this time.
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To fully project Northern Dynasty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Dynasty Minerals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Dynasty's income statement, its balance sheet, and the statement of cash flows.