Northern Dynasty Minerals Stock Z Score

NAK Stock  USD 0.52  0.04  8.33%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Northern Dynasty Piotroski F Score and Northern Dynasty Valuation analysis.
  
At this time, Northern Dynasty's Net Invested Capital is quite stable compared to the past year. Net Working Capital is expected to rise to about 18.6 M this year, although the value of Capital Lease Obligations will most likely fall to about 420 K. At this time, Northern Dynasty's Tax Provision is quite stable compared to the past year. Interest Income is expected to rise to about 392.4 K this year, although the value of Operating Income will most likely fall to (23.5 M).

Northern Dynasty Minerals Company Z Score Analysis

Northern Dynasty's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Northern Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Northern Dynasty is extremely important. It helps to project a fair market value of Northern Stock properly, considering its historical fundamentals such as Z Score. Since Northern Dynasty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northern Dynasty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northern Dynasty's interrelated accounts and indicators.
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0.02-0.30.34-0.140.390.08-0.48-0.27-0.25-0.55-0.260.39-0.330.310.27
0.44-0.7-0.24-0.140.680.090.30.580.190.290.05-0.050.010.050.01
0.58-0.99-0.190.390.680.370.060.320.26-0.020.150.190.0-0.070.11
0.93-0.36-0.620.080.090.370.490.30.770.590.22-0.190.15-0.19-0.03
0.52-0.03-0.84-0.480.30.060.490.320.710.890.61-0.610.62-0.6-0.5
0.5-0.36-0.22-0.270.580.320.30.320.30.46-0.06-0.27-0.150.230.36
0.76-0.26-0.9-0.250.190.260.770.710.30.720.52-0.610.66-0.62-0.51
0.63-0.01-0.69-0.550.29-0.020.590.890.460.720.34-0.490.37-0.32-0.26
0.17-0.11-0.69-0.260.050.150.220.61-0.060.520.34-0.540.82-0.84-0.53
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-0.120.020.770.310.05-0.07-0.19-0.60.23-0.62-0.32-0.840.56-0.950.84
0.01-0.170.690.270.010.11-0.03-0.50.36-0.51-0.26-0.530.59-0.880.84
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

Based on the company's disclosures, Northern Dynasty Minerals has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Northern Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Dynasty's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northern Dynasty could also be used in its relative valuation, which is a method of valuing Northern Dynasty by comparing valuation metrics of similar companies.
Northern Dynasty is currently under evaluation in z score category among its peers.

Northern Dynasty Current Valuation Drivers

We derive many important indicators used in calculating different scores of Northern Dynasty from analyzing Northern Dynasty's financial statements. These drivers represent accounts that assess Northern Dynasty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Dynasty's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap199.0M194.6M215.0M158.4M227.0M427.6M
Enterprise Value187.5M153.0M193.4M144.8M211.4M398.4M

Northern Fundamentals

About Northern Dynasty Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northern Dynasty Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Dynasty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Dynasty Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Northern Dynasty Minerals 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 Northern 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 Northern Dynasty Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Northern Dynasty Minerals Stock:
Check out Northern Dynasty Piotroski F Score and Northern Dynasty Valuation analysis.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Metals & Mining space 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 Northern Dynasty. If investors know Northern 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 Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Return On Assets
(0.08)
Return On Equity
(0.14)
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty'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 Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty'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 Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty'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.