Noble Good Will vs Property Plant And Equipment Net Analysis

NOB Stock

CAD 0.04 0.01 20.00%

Noble Mineral financial indicator trend analysis is infinitely more than just investigating Noble Mineral Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Noble Mineral Exploration is a good investment. Please check the relationship between Noble Mineral Good Will and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble Mineral Exploration. 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.

Good Will vs Property Plant And Equipment Net

Good Will 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 Noble Mineral Exploration Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.

The correlation between Noble Mineral's Good Will and Property Plant And Equipment Net is 0.0. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Noble Mineral Exploration, assuming nothing else is changed. The correlation between historical values of Noble Mineral's Good Will 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 Good Will of Noble Mineral Exploration 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 Good Will i.e., Noble Mineral's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Noble Mineral's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Noble Mineral Exploration 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 Noble Mineral Exploration. 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, Noble Mineral's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.36 in 2024, whereas Selling General Administrative is likely to drop slightly above 1 M in 2024.

Noble Mineral fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Other Current Assets	Inventory	Other Stockholder Equity	Short Long Term Debt Total	Short Term Investments	Short Term Debt	Good Will	Intangible Assets	Net Tangible Assets
Total Assets		-0.45	-0.3	0.86	0.72	0.14	0.01	-0.25	0.58	0.7	0.65	0.22	0.47	0.21	0.66	0.39	-0.64	-0.32	-0.16	0.07	0.39	0.64	0.31	-0.03	-0.03	0.65
Other Current Liab	-0.45		0.75	-0.5	-0.38	-0.1	-0.54	0.32	-0.16	-0.36	-0.26	-0.13	-0.25	0.19	-0.27	-0.15	-0.12	-0.41	-0.14	-0.03	-0.21	-0.28	-0.3	0.08	0.08	-0.48
Total Current Liabilities	-0.3	0.75		-0.47	-0.01	0.22	-0.4	0.36	-0.25	-0.05	-0.38	0.19	-0.48	0.46	-0.38	-0.41	-0.13	-0.51	0.26	0.04	0.13	-0.41	0.23	0.17	0.17	-0.58
Total Stockholder Equity	0.86	-0.5	-0.47		0.44	-0.22	0.05	-0.31	0.67	0.39	0.87	0.03	0.8	-0.22	0.87	0.73	-0.68	-0.14	-0.18	-0.09	0.01	0.87	0.0	-0.41	-0.41	0.93
Property Plant And Equipment Net	0.72	-0.38	-0.01	0.44		0.71	0.06	-0.34	-0.02	0.98	0.0	0.32	0.03	0.65	0.01	-0.09	-0.32	-0.37	-0.01	0.18	0.83	0.0	0.76	0.0	0.0	0.13
Net Debt	0.14	-0.1	0.22	-0.22	0.71		0.14	-0.16	-0.59	0.78	-0.61	0.2	-0.53	0.89	-0.6	-0.64	0.12	-0.22	0.12	0.19	0.94	-0.59	0.85	0.15	0.15	-0.48
Retained Earnings	0.01	-0.54	-0.4	0.05	0.06	0.14		-0.23	0.0	0.07	-0.04	-0.07	-0.11	-0.05	-0.04	-0.15	0.32	0.83	-0.01	-0.48	0.17	-0.02	0.14	-0.09	-0.09	0.1
Accounts Payable	-0.25	0.32	0.36	-0.31	-0.34	-0.16	-0.23		-0.05	-0.34	-0.06	0.56	-0.26	0.05	-0.05	-0.08	0.02	-0.17	-0.13	0.01	-0.22	-0.06	-0.21	0.19	0.19	-0.27
Cash	0.58	-0.16	-0.25	0.67	-0.02	-0.59	0.0	-0.05		-0.07	0.85	0.15	0.5	-0.32	0.86	0.55	-0.46	-0.05	-0.17	-0.08	-0.29	0.78	-0.3	0.0	0.0	0.66
Non Current Assets Total	0.7	-0.36	-0.05	0.39	0.98	0.78	0.07	-0.34	-0.07		-0.05	0.28	-0.01	0.72	-0.04	-0.13	-0.29	-0.36	-0.03	0.18	0.89	-0.06	0.78	0.0	0.0	0.09
Cash And Short Term Investments	0.65	-0.26	-0.38	0.87	0.0	-0.61	-0.04	-0.06	0.85	-0.05		-0.03	0.78	-0.49	1.0	0.79	-0.65	-0.06	-0.23	-0.16	-0.38	0.99	-0.39	-0.28	-0.28	0.91
Net Receivables	0.22	-0.13	0.19	0.03	0.32	0.2	-0.07	0.56	0.15	0.28	-0.03		-0.27	0.4	-0.01	-0.2	0.0	-0.3	-0.12	0.32	0.33	-0.07	0.31	0.2	0.2	-0.16
Common Stock Shares Outstanding	0.47	-0.25	-0.48	0.8	0.03	-0.53	-0.11	-0.26	0.5	-0.01	0.78	-0.27		-0.58	0.78	0.97	-0.63	-0.05	-0.22	-0.29	-0.42	0.81	-0.41	-0.63	-0.63	0.91
Total Liab	0.21	0.19	0.46	-0.22	0.65	0.89	-0.05	0.05	-0.32	0.72	-0.49	0.4	-0.58		-0.48	-0.62	-0.04	-0.44	0.02	0.21	0.91	-0.51	0.77	0.27	0.27	-0.53
Total Current Assets	0.66	-0.27	-0.38	0.87	0.01	-0.6	-0.04	-0.05	0.86	-0.04	1.0	-0.01	0.78	-0.48		0.78	-0.66	-0.07	-0.21	-0.15	-0.37	0.99	-0.37	-0.28	-0.28	0.91
Common Stock	0.39	-0.15	-0.41	0.73	-0.09	-0.64	-0.15	-0.08	0.55	-0.13	0.79	-0.2	0.97	-0.62	0.78		-0.58	-0.04	-0.29	-0.32	-0.52	0.8	-0.52	-0.59	-0.59	0.87
Non Currrent Assets Other	-0.64	-0.12	-0.13	-0.68	-0.32	0.12	0.32	0.02	-0.46	-0.29	-0.65	0.0	-0.63	-0.04	-0.66	-0.58		0.58	0.02	0.25	0.0	-0.66	0.0	0.33	0.33	-0.6
Other Current Assets	-0.32	-0.41	-0.51	-0.14	-0.37	-0.22	0.83	-0.17	-0.05	-0.36	-0.06	-0.3	-0.05	-0.44	-0.07	-0.04	0.58		-0.1	-0.37	-0.26	-0.03	-0.28	-0.06	-0.06	0.07
Inventory	-0.16	-0.14	0.26	-0.18	-0.01	0.12	-0.01	-0.13	-0.17	-0.03	-0.23	-0.12	-0.22	0.02	-0.21	-0.29	0.02	-0.1		0.03	0.06	-0.24	0.47	0.08	0.08	-0.15
Other Stockholder Equity	0.07	-0.03	0.04	-0.09	0.18	0.19	-0.48	0.01	-0.08	0.18	-0.16	0.32	-0.29	0.21	-0.15	-0.32	0.25	-0.37	0.03		0.21	-0.18	0.22	0.34	0.34	-0.23
Short Long Term Debt Total	0.39	-0.21	0.13	0.01	0.83	0.94	0.17	-0.22	-0.29	0.89	-0.38	0.33	-0.42	0.91	-0.37	-0.52	0.0	-0.26	0.06	0.21		-0.39	0.89	0.18	0.18	-0.3
Short Term Investments	0.64	-0.28	-0.41	0.87	0.0	-0.59	-0.02	-0.06	0.78	-0.06	0.99	-0.07	0.81	-0.51	0.99	0.8	-0.66	-0.03	-0.24	-0.18	-0.39		-0.4	-0.32	-0.32	0.92
Short Term Debt	0.31	-0.3	0.23	0.0	0.76	0.85	0.14	-0.21	-0.3	0.78	-0.39	0.31	-0.41	0.77	-0.37	-0.52	0.0	-0.28	0.47	0.22	0.89	-0.4		0.14	0.14	-0.27
Good Will	-0.03	0.08	0.17	-0.41	0.0	0.15	-0.09	0.19	0.0	0.0	-0.28	0.2	-0.63	0.27	-0.28	-0.59	0.33	-0.06	0.08	0.34	0.18	-0.32	0.14		1.0	-0.52
Intangible Assets	-0.03	0.08	0.17	-0.41	0.0	0.15	-0.09	0.19	0.0	0.0	-0.28	0.2	-0.63	0.27	-0.28	-0.59	0.33	-0.06	0.08	0.34	0.18	-0.32	0.14	1.0		-0.52
Net Tangible Assets	0.65	-0.48	-0.58	0.93	0.13	-0.48	0.1	-0.27	0.66	0.09	0.91	-0.16	0.91	-0.53	0.91	0.87	-0.6	0.07	-0.15	-0.23	-0.3	0.92	-0.27	-0.52	-0.52

Click cells to compare fundamentals

Noble Mineral Account Relationship Matchups

Noble Mineral fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.7M	14.6M	11.6M	9.7M	11.2M	5.7M
Other Current Liab	630.1K	632.2K	738.0K	410.1K	471.6K	773.2K
Total Current Liabilities	964.9K	883.9K	738.2K	410.3K	471.9K	916.6K
Total Stockholder Equity	8.7M	13.7M	10.9M	9.3M	10.7M	11.3M
Property Plant And Equipment Net	3.2M	4.1M	3.3M	4.9M	5.6M	3.0M
Net Debt	(41.8K)	(1.9M)	(2.2M)	(548.3K)	(493.5K)	(468.8K)
Retained Earnings	(22.3M)	(20.6M)	(17.2M)	(19.5M)	(17.5M)	(18.4M)
Accounts Payable	334.8K	138.89	248.86	224.39	201.95	191.85
Cash	376.7K	2.1M	2.2M	548.3K	630.5K	494.0K
Non Current Assets Total	3.2M	4.1M	3.3M	4.9M	5.6M	3.4M
Cash And Short Term Investments	6.5M	10.5M	8.3M	4.8M	5.5M	5.8M
Net Receivables	70.4K	36.4K	59.4K	13.9K	16.0K	15.2K
Common Stock Shares Outstanding	139.2M	164.9M	204.2M	223.1M	256.6M	269.4M
Liabilities And Stockholders Equity	9.7M	14.6M	11.6M	9.7M	11.2M	5.7M
Total Liab	964.9K	883.9K	738.2K	410.3K	471.9K	448.3K
Total Current Assets	6.5M	10.6M	8.3M	4.9M	5.6M	5.9M
Common Stock	15.6M	20.4M	25.2M	25.8M	29.7M	31.2M
Other Current Assets	2.5K	20.4K	17.2K	31.6K	28.4K	27.0K
Other Stockholder Equity	17.1M	15.4M	13.9M	2.9M	3.3M	3.1M
Accumulated Other Comprehensive Income	15.4M	13.9M	2.9M	3.0M	3.4M	3.2M
Short Term Investments	6.1M	8.4M	6.1M	4.3M	4.9M	5.1M
Net Tangible Assets	4.3M	8.7M	13.7M	10.9M	12.5M	13.1M
Property Plant Equipment	3.2M	3.2M	4.1M	3.3M	3.8M	3.0M
Net Invested Capital	9.1M	14.0M	10.9M	9.3M	10.7M	8.4M
Net Working Capital	5.6M	9.7M	7.6M	4.4M	5.1M	4.7M
Capital Stock	15.6M	20.4M	25.2M	25.8M	29.7M	16.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Noble Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC