Methanex Financials

MEOH Stock  USD 46.02  0.57  1.25%   
Based on the key measurements obtained from Methanex's financial statements, Methanex is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. As of now, Methanex's Accounts Payable is increasing as compared to previous years. The Methanex's current Non Current Assets Total is estimated to increase to about 5.2 B, while Total Assets are projected to decrease to under 3.5 B. Key indicators impacting Methanex's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.621.11
Way Down
Pretty Stable
Current Ratio1.081.1367
Notably Down
Slightly volatile
The financial analysis of Methanex is a critical element in measuring its lifeblood. Investors should not minimize Methanex's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

184.57 Million

  
Understanding current and past Methanex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Methanex's financial statements are interrelated, with each one affecting the others. For example, an increase in Methanex's assets may result in an increase in income on the income statement.

Methanex Stock Summary

Methanex competes with AdvanSix, Lsb Industries, Green Plains, Tronox Holdings, and Valhi. Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. Methanex operates under Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 1300 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA59151K1084
CUSIP59151K108
LocationBritish Columbia; Canada
Business Address1800 Waterfront Centre,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.methanex.com
Phone604 661 2600
CurrencyUSD - US Dollar

Methanex Key Financial Ratios

Methanex Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.7B6.1B6.6B6.4B3.5B
Net Debt2.1B2.3B1.9B2.2B2.6B2.7B
Retained Earnings1.0B843.6M1.3B1.5B1.5B792.7M
Accounts Payable493.8M601.0M836.0M789.2M771.9M810.5M
Cash416.8M833.8M932.1M857.7M458.0M431.9M
Net Receivables488.7M412M550.6M500.7M530.9M369.5M
Inventory281.1M308.7M459.6M439.8M426.8M231.1M
Other Current Assets8.2M40.4M139.1M171.1M163.9M172.1M
Total Liab3.6B4.3B4.1B4.2B4.2B4.4B
Total Current Assets1.2B1.6B2.0B1.9B1.5B1.1B
Short Term Debt128.2M137.3M110.1M123.9M435.4M457.2M
Other Current Liab520.0M27.2M17.2M29.5M95.0M166.9M
Common Stock442.3M440.7M432.7M401.3M391.9M419.2M
Other Liab558.9M540.9M406.5M361.6M415.8M271.0M
Other Assets194.4M230.1M197.4M402.7M(7.6M)(7.2M)
Long Term Debt1.7B2.3B2.1B2.1B1.8B1.2B
Short Long Term Debt38.4M39.8M11.8M15.1M314.7M171.4M
Net Tangible Assets1.3B1.1B1.7B2.1B2.4B1.8B

Methanex Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense124.4M164.8M144.4M131M117.4M123.2M
Total Revenue2.8B2.6B4.4B4.3B3.8B2.3B
Gross Profit483.6M294.8M1.1B865.1M942.7M498.3M
Operating Income189.5M(32.4M)712.0M610.6M263.6M305.2M
Ebit189.5M(41.9M)601.6M506.7M275.6M341.1M
Ebitda539.4M334.5M961.5M864.3M667.4M519.6M
Cost Of Revenue2.3B2.4B3.3B3.4B2.8B1.8B
Income Before Tax120.8M(187.4M)666.3M582.1M189.6M254.6M
Net Income87.8M(125.3M)482.4M353.8M174.1M184.6M
Income Tax Expense4.5M(62.1M)110.4M119.9M1.5M1.4M
Minority Interest298.7M292.4M(73.6M)(108.5M)(101.2M)(96.2M)
Tax Provision4.5M(62.1M)110.4M119.9M23.1M22.0M
Interest Income3.6M278K1.0M25.3M46.7M49.0M
Net Interest Income(120.8M)(164.6M)(143.4M)(105.7M)(72.1M)(75.7M)

Methanex Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash160.7M417.1M98.2M(74.3M)(399.7M)(379.7M)
Free Cash Flow191.6M119.3M748.5M400.4M211.8M189.0M
Depreciation344.1M357.1M363.1M372.4M391.8M411.4M
Other Non Cash Items45.0M171.2M48.8M16.9M7.4M7.0M
Capital Expenditures323.9M341.8M245.4M577.4M448.5M262.5M
Net Income116.4M(125.3M)555.9M462.3M284.1M205.7M
End Period Cash Flow416.8M833.8M932.1M857.7M458.0M424.7M
Dividends Paid107.9M36.0M24.6M44.0M49.4M69.5M
Net Borrowings205.5M475.5M(311.3M)(115.0M)(103.5M)(98.3M)
Change To Netincome74.1M195.7M231.6M207.0M238.0M172.7M
Investments(250.7M)(278.1M)(253.0M)(553.1M)(550.8M)(523.2M)

Methanex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Methanex's current stock value. Our valuation model uses many indicators to compare Methanex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Methanex competition to find correlations between indicators driving Methanex's intrinsic value. More Info.
Methanex is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about  0.28  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Methanex is roughly  3.54 . As of now, Methanex's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Methanex's earnings, one of the primary drivers of an investment's value.

Methanex Systematic Risk

Methanex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Methanex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Methanex correlated with the market. If Beta is less than 0 Methanex generally moves in the opposite direction as compared to the market. If Methanex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Methanex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Methanex is generally in the same direction as the market. If Beta > 1 Methanex moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Methanex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Methanex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Methanex growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.42)

As of now, Methanex's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Methanex November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Methanex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Methanex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Methanex based on widely used predictive technical indicators. In general, we focus on analyzing Methanex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Methanex's daily price indicators and compare them against related drivers.

Complementary Tools for Methanex Stock analysis

When running Methanex's price analysis, check to measure Methanex'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 Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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