New Short Term Debt vs Long Term Investments Analysis

NEWP Stock  USD 1.97  0.02  1.01%   
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 Short Term Debt and its Long Term Investments 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.

Short Term Debt vs Long Term Investments

Short Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Pacific Metals Short Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between New Pacific's Short Term Debt and Long Term Investments is 0.29. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Investments 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 Short Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of New Pacific Metals are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Debt i.e., New Pacific's Short Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Long Term Investments

Long Term Investments is an item on the asset side of New Pacific balance sheet that represents investments New Pacific Metals intends to hold for over a year. New Pacific Metals long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 05/04/2024, 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 Revenue209.1K198.7K
Research Development67.3M43.4M

New Pacific fundamental ratios Correlations

0.950.951.00.760.960.030.36-0.56-0.730.930.10.360.95-0.13-0.23-0.37-0.050.16-0.06-0.31-0.28-0.26-0.07-0.26-0.29
0.951.00.940.871.0-0.130.38-0.55-0.830.990.280.391.0-0.38-0.39-0.18-0.310.31-0.32-0.43-0.11-0.51-0.15-0.15-0.42
0.951.00.940.861.0-0.130.37-0.57-0.820.990.270.381.0-0.35-0.39-0.21-0.280.32-0.29-0.44-0.12-0.49-0.15-0.17-0.43
1.00.940.940.740.950.050.36-0.55-0.710.920.080.350.94-0.1-0.21-0.39-0.020.14-0.03-0.29-0.3-0.23-0.06-0.27-0.27
0.760.870.860.740.84-0.160.51-0.21-0.710.910.40.580.86-0.69-0.460.16-0.560.29-0.57-0.24-0.1-0.76-0.260.15-0.24
0.961.01.00.950.84-0.130.35-0.59-0.820.990.240.361.0-0.33-0.39-0.25-0.260.32-0.27-0.44-0.13-0.46-0.12-0.19-0.44
0.03-0.13-0.130.05-0.16-0.130.060.070.15-0.16-0.15-0.16-0.130.290.21-0.090.23-0.970.210.820.00.320.45-0.010.8
0.360.380.370.360.510.350.060.380.10.37-0.090.020.37-0.43-0.010.33-0.090.02-0.11-0.09-0.2-0.32-0.240.74-0.12
-0.56-0.55-0.57-0.55-0.21-0.590.070.380.62-0.540.00.16-0.57-0.130.340.660.11-0.180.090.32-0.070.03-0.140.620.28
-0.73-0.83-0.82-0.71-0.71-0.820.150.10.62-0.83-0.58-0.56-0.830.350.440.10.43-0.290.440.36-0.150.540.090.450.36
0.930.990.990.920.910.99-0.160.37-0.54-0.830.290.430.99-0.44-0.44-0.16-0.370.34-0.38-0.41-0.13-0.56-0.19-0.13-0.4
0.10.280.270.080.40.24-0.15-0.090.0-0.580.290.540.27-0.51-0.090.57-0.540.17-0.56-0.170.71-0.61-0.16-0.05-0.21
0.360.390.380.350.580.36-0.160.020.16-0.560.430.540.38-0.32-0.160.25-0.220.21-0.24-0.05-0.18-0.42-0.21-0.23-0.05
0.951.01.00.940.861.0-0.130.37-0.57-0.830.990.270.38-0.36-0.4-0.21-0.290.32-0.29-0.44-0.12-0.49-0.15-0.17-0.43
-0.13-0.38-0.35-0.1-0.69-0.330.29-0.43-0.130.35-0.44-0.51-0.32-0.360.47-0.640.92-0.280.930.12-0.280.970.26-0.560.17
-0.23-0.39-0.39-0.21-0.46-0.390.21-0.010.340.44-0.44-0.09-0.16-0.40.470.180.55-0.280.540.240.070.520.05-0.010.22
-0.37-0.18-0.21-0.390.16-0.25-0.090.330.660.1-0.160.570.25-0.21-0.640.18-0.50.01-0.530.10.48-0.56-0.260.630.04
-0.05-0.31-0.28-0.02-0.56-0.260.23-0.090.110.43-0.37-0.54-0.22-0.290.920.55-0.5-0.21.00.04-0.420.930.13-0.330.07
0.160.310.320.140.290.32-0.970.02-0.18-0.290.340.170.210.32-0.28-0.280.01-0.2-0.19-0.9-0.04-0.33-0.48-0.04-0.88
-0.06-0.32-0.29-0.03-0.57-0.270.21-0.110.090.44-0.38-0.56-0.24-0.290.930.54-0.531.0-0.190.03-0.430.940.13-0.350.07
-0.31-0.43-0.44-0.29-0.24-0.440.82-0.090.320.36-0.41-0.17-0.05-0.440.120.240.10.04-0.90.03-0.050.210.440.130.99
-0.28-0.11-0.12-0.3-0.1-0.130.0-0.2-0.07-0.15-0.130.71-0.18-0.12-0.280.070.48-0.42-0.04-0.43-0.05-0.310.010.11-0.08
-0.26-0.51-0.49-0.23-0.76-0.460.32-0.320.030.54-0.56-0.61-0.42-0.490.970.52-0.560.93-0.330.940.21-0.310.26-0.370.25
-0.07-0.15-0.15-0.06-0.26-0.120.45-0.24-0.140.09-0.19-0.16-0.21-0.150.260.05-0.260.13-0.480.130.440.010.26-0.120.45
-0.26-0.15-0.17-0.270.15-0.19-0.010.740.620.45-0.13-0.05-0.23-0.17-0.56-0.010.63-0.33-0.04-0.350.130.11-0.37-0.120.08
-0.29-0.42-0.43-0.27-0.24-0.440.8-0.120.280.36-0.4-0.21-0.05-0.430.170.220.040.07-0.880.070.99-0.080.250.450.08
Click cells to compare fundamentals

New Pacific Account Relationship Matchups

New Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets130.9M126.8M124.1M118.3M136.1M76.1M
Other Current Liab957.0K467.9K1.8M945.1K850.6K808.1K
Total Current Liabilities1.5M1.1M3.9M2.3M2.1M2.6M
Total Stockholder Equity129.5M125.7M120.3M116.1M133.5M72.0M
Retained Earnings(31.8M)(54.1M)(60.5M)(68.6M)(61.8M)(58.7M)
Accounts Payable539.2K626.7K2.1M1.4M1.3M1.2M
Cash29.8M46.4M29.3M6.3M7.2M12.9M
Short Term Investments15.1M143.9K192.4K198.4K178.5K169.6K
Other Current Assets8.7M523.1K479.3K630.3K567.3K538.9K
Total Liab1.5M1.1M3.9M2.3M2.1M2.9M
Common Stock140.3M149.6M153.7M155.8M179.2M188.2M
Property Plant Equipment96.5M76.6M86.7M104.9M120.7M70.3M
Property Plant And Equipment Net70.7M76.7M86.8M104.9M120.7M126.7M
Net Debt(29.8M)(46.4M)(29.3M)(6.3M)(5.7M)(6.0M)
Non Current Assets Total76.9M79.4M90.9M110.8M127.4M133.7M
Cash And Short Term Investments44.9M46.6M29.5M6.5M7.5M7.1M
Net Receivables303.6K343.6K3.2M421.9K485.1K460.9K
Common Stock Shares Outstanding150.7M153.3M155.6M157.0M180.5M189.6M
Liabilities And Stockholders Equity130.9M126.8M124.1M118.3M136.1M142.9M
Non Current Liabilities Total1.2M200.4K539.2K626.7K2.1M0.0
Other Stockholder Equity(142.9K)(118.4K)(119.9K)(115.5K)(104.0K)(98.8K)
Total Current Assets54.0M47.5M33.2M7.5M8.7M8.2M
Accumulated Other Comprehensive Income4.8M13.6M11.7M10.2M11.8M12.4M
Intangible Assets121.591.5160.930.527.4526.08
Common Stock Total Equity124.2M150.0M191.6M149.6M172.1M180.7M
Property Plant And Equipment Gross96.6M76.7M87.4M105.7M121.5M61.1M
Non Currrent Assets Other(101.8K)(95.6K)(112.3K)(139.4K)(125.5K)(119.2K)
Net Tangible Assets176.7M125.7M120.2M116.1M133.5M124.9M
Net Invested Capital176.8M125.7M120.3M116.1M133.5M124.9M
Long Term Investments5.6M496.5K496.7K283.1K254.8K242.0K
Net Working Capital71.7M46.4M29.3M5.2M4.7M4.5M
Capital Stock140.3M149.6M153.7M155.8M179.2M157.0M

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When determining whether New Pacific Metals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock:
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.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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.