Northeast Net Debt vs Other Current Assets Analysis
| NBN Stock | USD 56.68 0.41 0.72% |
Northeast Bancorp financial indicator trend analysis is infinitely more than just investigating Northeast Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northeast Bancorp is a good investment. Please check the relationship between Northeast Bancorp Net Debt and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
Net Debt vs Other Current Assets
Net Debt vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northeast Bancorp Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Northeast Bancorp's Net Debt and Other Current Assets is -0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Northeast Bancorp, assuming nothing else is changed. The correlation between historical values of Northeast Bancorp's Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Northeast Bancorp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Northeast Bancorp's Net Debt and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Northeast Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northeast Bancorp 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 Northeast Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.At this time, Northeast Bancorp's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Issuance Of Capital Stock is likely to grow to about 9.7 M, though Discontinued Operations is likely to grow to (6.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | EBIT | 66.7M | 65.2M | 75.0M | 78.7M | Operating Income | 66.7M | 65.2M | 75.0M | 78.7M |
Northeast Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Northeast Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northeast Bancorp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 9.0M | 8.4M | 7.9M | 7.4M | 8.5M | 5.0M | |
| Total Assets | 1.3B | 2.2B | 1.6B | 2.9B | 3.3B | 3.5B | |
| Short Long Term Debt Total | 46.9M | 36.1M | 19.5M | 584.5M | 672.2M | 705.8M | |
| Other Current Liab | (12.4M) | 1.5B | (15M) | (311M) | (357.7M) | (339.8M) | |
| Total Current Liabilities | 12.4M | 1.5B | 15M | 311M | 357.7M | 236.5M | |
| Total Stockholder Equity | 164.7M | 232.4M | 248.3M | 296.7M | 341.2M | 358.2M | |
| Property Plant And Equipment Net | 9.7M | 11.3M | 9.6M | 27.7M | 31.9M | 33.5M | |
| Net Debt | (96.8M) | (974.4M) | (152.6M) | 386.6M | 348.0M | 365.4M | |
| Retained Earnings | 90.0M | 161.1M | 203.0M | 246.9M | 283.9M | 298.1M | |
| Cash | 143.7M | 1.0B | 172.1M | 197.9M | 227.6M | 239.0M | |
| Non Current Assets Total | 83.9M | 80.3M | 72.6M | 89.4M | 102.9M | 151.1M | |
| Non Currrent Assets Other | (12.2M) | (12.7M) | (11.4M) | (21.6M) | (19.4M) | (18.4M) | |
| Other Assets | 965.1M | 1.0B | 1.3B | 2.5B | 2.9B | 3.1B | |
| Cash And Short Term Investments | 208.6M | 1.1B | 227.0M | 251.3M | 289.0M | 303.5M | |
| Liabilities And Stockholders Equity | 1.3B | 2.2B | 1.6B | 2.9B | 3.3B | 3.5B | |
| Non Current Liabilities Total | 46.9M | 36.1M | 1.3B | 273.5M | 314.6M | 330.3M | |
| Other Stockholder Equity | 68.3M | 64.4M | 38.7M | 42.8M | 49.3M | 35.5M | |
| Total Liab | 1.1B | 36.1M | 1.3B | 2.6B | 3.0B | 3.1B | |
| Property Plant And Equipment Gross | 9.7M | 11.3M | 27.8M | 44.3M | 50.9M | 53.5M | |
| Total Current Assets | 208.6M | 1.1B | 227.0M | 251.3M | 289.0M | 379.0M | |
| Accumulated Other Comprehensive Income | (1.7M) | (1.3M) | (850K) | (718K) | (646.2K) | (678.5K) | |
| Short Term Debt | 12.4M | 16.7M | 15M | 311M | 357.7M | 375.5M | |
| Common Stock | 8.2M | 8.2M | 7.4M | 7.7M | 8.8M | 4.5M | |
| Other Current Assets | 146.9M | 1.0B | 176.7M | 199.9M | 229.9M | 358.5M | |
| Other Liab | 26.1M | 30.5M | 43.5M | 27.1M | 31.1M | 32.7M | |
| Accounts Payable | 942.4M | 1.0B | 1.9B | 1.3B | 1.5B | 1.6B | |
| Long Term Debt | 42.4M | 30.1M | 15M | 251.6M | 226.5M | 237.8M | |
| Common Stock Total Equity | 8.9M | 9.0M | 8.2M | 8.2M | 9.4M | 6.2M | |
| Short Term Investments | 64.9M | 59.7M | 54.9M | 53.4M | 61.4M | 54.1M | |
| Inventory | 2.2M | 2.0M | 3.3M | 1.6M | 1.9M | 1.8M | |
| Intangible Assets | 2.1M | 2.1M | 1.3M | 1.5M | 1.4M | 1.3M | |
| Property Plant Equipment | 5.6M | 9.7M | 11.3M | 9.6M | 11.0M | 8.0M | |
| Net Tangible Assets | 153.1M | 164.7M | 232.4M | 248.3M | 285.6M | 161.7M | |
| Long Term Investments | 72.2M | 67.0M | 61.7M | 60.2M | 54.2M | 51.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.Note that the Northeast Bancorp information on this page should be used as a complementary analysis to other Northeast Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running Northeast Bancorp's price analysis, check to measure Northeast Bancorp'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 Northeast Bancorp is operating at the current time. Most of Northeast Bancorp's value examination focuses on studying past and present price action to predict the probability of Northeast Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northeast Bancorp's price. Additionally, you may evaluate how the addition of Northeast Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Northeast Bancorp'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 Northeast Bancorp. If investors know Northeast 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 Northeast Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.083 | Dividend Share 0.04 | Earnings Share 7.28 | Revenue Per Share 19.742 | Quarterly Revenue Growth 0.144 |
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp'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 Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp'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 Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp'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.