Northwest Ev To Sales vs Capex To Depreciation Analysis

NWST Stock  CAD 0.16  0.01  5.88%   
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 Ev To Sales and its Capex To Depreciation 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.

Ev To Sales vs Capex To Depreciation

Ev To Sales vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Copper Corp Ev To Sales account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Northwest Copper's Ev To Sales and Capex To Depreciation is 0.04. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation 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 Ev To Sales and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Northwest Copper Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., Northwest Copper's Ev To Sales and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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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