New Other Liab vs Non Current Assets Total Analysis
| NEWP Stock | USD 2.29 0.17 8.02% |
New Pacific financial indicator trend analysis is infinitely more than just investigating New Pacific Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Pacific Metals is a good investment. Please check the relationship between New Pacific Other Liab and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Other Liab vs Non Current Assets Total
Other Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Pacific Metals Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between New Pacific's Other Liab and Non Current Assets Total is -0.53. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of New Pacific Metals, assuming nothing else is changed. The correlation between historical values of New Pacific's Other Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of New Pacific Metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., New Pacific's Other Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Liab
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from New Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Pacific Metals 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 Pacific Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. At this time, New Pacific's Issuance Of Capital Stock is relatively stable compared to the past year. As of 05/18/2024, Enterprise Value is likely to grow to about 384.7 M, while Selling General Administrative is likely to drop slightly above 6.2 M.
| 2023 | 2024 (projected) | Cost Of Revenue | 209.1K | 198.7K | Research Development | 67.3M | 43.4M |
New Pacific fundamental ratios Correlations
Click cells to compare fundamentals
New Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Pacific fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 130.9M | 126.8M | 124.1M | 118.3M | 136.1M | 76.1M | |
| Other Current Liab | 957.0K | 467.9K | 1.8M | 945.1K | 850.6K | 808.1K | |
| Total Current Liabilities | 1.5M | 1.1M | 3.9M | 2.3M | 2.1M | 2.6M | |
| Total Stockholder Equity | 129.5M | 125.7M | 120.3M | 116.1M | 133.5M | 72.0M | |
| Retained Earnings | (31.8M) | (54.1M) | (60.5M) | (68.6M) | (61.8M) | (58.7M) | |
| Accounts Payable | 539.2K | 626.7K | 2.1M | 1.4M | 1.3M | 1.2M | |
| Cash | 29.8M | 46.4M | 29.3M | 6.3M | 7.2M | 12.9M | |
| Short Term Investments | 15.1M | 143.9K | 192.4K | 198.4K | 178.5K | 169.6K | |
| Other Current Assets | 8.7M | 523.1K | 479.3K | 630.3K | 567.3K | 538.9K | |
| Total Liab | 1.5M | 1.1M | 3.9M | 2.3M | 2.1M | 2.9M | |
| Common Stock | 140.3M | 149.6M | 153.7M | 155.8M | 179.2M | 188.2M | |
| Property Plant Equipment | 96.5M | 76.6M | 86.7M | 104.9M | 120.7M | 70.3M | |
| Property Plant And Equipment Net | 70.7M | 76.7M | 86.8M | 104.9M | 120.7M | 126.7M | |
| Net Debt | (29.8M) | (46.4M) | (29.3M) | (6.3M) | (5.7M) | (6.0M) | |
| Non Current Assets Total | 76.9M | 79.4M | 90.9M | 110.8M | 127.4M | 133.7M | |
| Cash And Short Term Investments | 44.9M | 46.6M | 29.5M | 6.5M | 7.5M | 7.1M | |
| Net Receivables | 303.6K | 343.6K | 3.2M | 421.9K | 485.1K | 460.9K | |
| Common Stock Shares Outstanding | 150.7M | 153.3M | 155.6M | 157.0M | 180.5M | 189.6M | |
| Liabilities And Stockholders Equity | 130.9M | 126.8M | 124.1M | 118.3M | 136.1M | 142.9M | |
| Non Current Liabilities Total | 1.2M | 200.4K | 539.2K | 626.7K | 2.1M | 0.0 | |
| Other Stockholder Equity | (142.9K) | (118.4K) | (119.9K) | (115.5K) | (104.0K) | (98.8K) | |
| Total Current Assets | 54.0M | 47.5M | 33.2M | 7.5M | 8.7M | 8.2M | |
| Accumulated Other Comprehensive Income | 4.8M | 13.6M | 11.7M | 10.2M | 11.8M | 12.4M | |
| Intangible Assets | 121.5 | 91.51 | 60.9 | 30.5 | 27.45 | 26.08 | |
| Common Stock Total Equity | 124.2M | 150.0M | 191.6M | 149.6M | 172.1M | 180.7M | |
| Property Plant And Equipment Gross | 96.6M | 76.7M | 87.4M | 105.7M | 121.5M | 61.1M | |
| Non Currrent Assets Other | (101.8K) | (95.6K) | (112.3K) | (139.4K) | (125.5K) | (119.2K) | |
| Net Tangible Assets | 176.7M | 125.7M | 120.2M | 116.1M | 133.5M | 124.9M | |
| Net Invested Capital | 176.8M | 125.7M | 120.3M | 116.1M | 133.5M | 124.9M | |
| Long Term Investments | 5.6M | 496.5K | 496.7K | 283.1K | 254.8K | 242.0K | |
| Net Working Capital | 71.7M | 46.4M | 29.3M | 5.2M | 4.7M | 4.5M | |
| Capital Stock | 140.3M | 149.6M | 153.7M | 155.8M | 179.2M | 157.0M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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Is New Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Pacific. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.012 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of New Pacific Metals is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Pacific's value that differs from its market value or its book value, called intrinsic value, which is New Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Pacific's market value can be influenced by many factors that don't directly affect New Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.