Metso Property Plant Equipment vs Other Current Liab Analysis

0MGI Stock   8.33  0.03  0.36%   
Metso Outotec financial indicator trend analysis is infinitely more than just investigating Metso Outotec Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metso Outotec Corp is a good investment. Please check the relationship between Metso Outotec Property Plant Equipment and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Metso Outotec Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Other Current Liab

Property Plant Equipment vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metso Outotec Corp Property Plant Equipment account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metso Outotec's Property Plant Equipment and Other Current Liab is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Metso Outotec Corp, assuming nothing else is changed. The correlation between historical values of Metso Outotec's Property Plant Equipment and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Metso Outotec Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant Equipment i.e., Metso Outotec's Property Plant Equipment and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Other Current Liab

Most indicators from Metso Outotec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metso Outotec Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Metso Outotec Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Metso Outotec's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 647.2 M in 2024, despite the fact that Discontinued Operations is likely to grow to (23.9 M).
 2019 2020 2023 2024 (projected)
Gross Profit360.2M890M1.0B1.1B
Total Revenue1.2B3.3B3.8B4.0B

Metso Outotec fundamental ratios Correlations

1.00.881.00.760.990.541.00.880.811.00.73-0.990.910.950.981.00.870.560.831.0-0.080.850.930.96-0.88
1.00.871.00.720.980.511.00.880.781.00.7-0.990.890.950.981.00.850.540.811.0-0.060.830.930.96-0.88
0.880.870.870.840.90.70.870.950.920.880.81-0.890.890.820.820.890.970.710.870.880.10.940.970.92-0.73
1.01.00.870.740.980.51.00.880.781.00.71-0.990.890.950.991.00.850.530.821.0-0.10.830.930.96-0.88
0.760.720.840.740.750.680.70.820.90.750.77-0.760.820.740.660.770.890.760.930.74-0.170.930.810.84-0.74
0.990.980.90.980.750.640.980.870.850.990.75-0.980.930.940.940.990.890.630.790.980.080.880.910.95-0.87
0.540.510.70.50.680.640.490.540.860.530.66-0.520.750.530.350.560.80.860.490.510.590.810.540.58-0.52
1.01.00.871.00.70.980.490.880.771.00.69-0.990.880.950.990.990.840.520.81.0-0.060.820.920.95-0.87
0.880.880.950.880.820.870.540.880.880.890.75-0.910.770.880.860.880.940.670.930.89-0.070.910.970.97-0.85
0.810.780.920.780.90.850.860.770.880.80.79-0.820.850.820.690.820.990.890.850.790.220.990.860.89-0.81
1.01.00.881.00.750.990.531.00.890.80.72-0.990.910.950.981.00.860.560.831.0-0.070.850.930.96-0.88
0.730.70.810.710.770.750.660.690.750.790.72-0.70.80.670.650.740.810.490.690.710.060.810.760.75-0.61
-0.99-0.99-0.89-0.99-0.76-0.98-0.52-0.99-0.91-0.82-0.99-0.7-0.88-0.96-0.98-0.99-0.88-0.6-0.85-0.990.08-0.86-0.94-0.980.9
0.910.890.890.890.820.930.750.880.770.850.910.8-0.880.810.820.920.880.640.750.890.10.890.850.85-0.72
0.950.950.820.950.740.940.530.950.880.820.950.67-0.960.810.920.950.850.640.830.95-0.050.850.860.96-0.98
0.980.980.820.990.660.940.350.990.860.690.980.65-0.980.820.920.970.770.410.790.98-0.210.750.910.93-0.84
1.01.00.891.00.770.990.560.990.880.821.00.74-0.990.920.950.970.880.580.831.0-0.060.870.920.96-0.89
0.870.850.970.850.890.890.80.840.940.990.860.81-0.880.880.850.770.880.830.880.850.160.990.930.93-0.82
0.560.540.710.530.760.630.860.520.670.890.560.49-0.60.640.640.410.580.830.660.540.380.860.60.68-0.68
0.830.810.870.820.930.790.490.80.930.850.830.69-0.850.750.830.790.830.880.660.82-0.290.890.90.92-0.82
1.01.00.881.00.740.980.511.00.890.791.00.71-0.990.890.950.981.00.850.540.82-0.090.840.930.96-0.88
-0.08-0.060.1-0.1-0.170.080.59-0.06-0.070.22-0.070.060.080.1-0.05-0.21-0.060.160.38-0.29-0.090.11-0.06-0.080.08
0.850.830.940.830.930.880.810.820.910.990.850.81-0.860.890.850.750.870.990.860.890.840.110.890.92-0.83
0.930.930.970.930.810.910.540.920.970.860.930.76-0.940.850.860.910.920.930.60.90.93-0.060.890.96-0.79
0.960.960.920.960.840.950.580.950.970.890.960.75-0.980.850.960.930.960.930.680.920.96-0.080.920.96-0.93
-0.88-0.88-0.73-0.88-0.74-0.87-0.52-0.87-0.85-0.81-0.88-0.610.9-0.72-0.98-0.84-0.89-0.82-0.68-0.82-0.880.08-0.83-0.79-0.93
Click cells to compare fundamentals

Metso Outotec Account Relationship Matchups

Metso Outotec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.4B1.5B5.5B6.3B6.7B
Short Long Term Debt Total183.5M178.1M49.4M1.2B1.4B1.5B
Total Current Liabilities1.2B1.9B2.5B2.9B3.4B1.7B
Total Stockholder Equity463.7M374.4M376.1M2.0B2.3B2.5B
Retained Earnings1.4B983M1.2B1.2B1.4B841.2M
Cash13.3M22.9M15.6M43M49.5M51.9M
Other Assets313M270M200M221M254.2M219.5M
Long Term Debt183.5M178.1M1M1.1B1.3B1.4B
Cash And Short Term Investments230.2M233.4M267.4M537M617.6M330.2M
Net Receivables349M761M900M1.0B1.2B743.9M
Good Will226.8M223.9M225.9M1.1B1.2B1.3B
Capital Surpluse116.8M118.5M118.9M20M18M17.1M
Inventory975M1.0B1.3B1.8B2.1B2.2B
Other Current Assets9M16M188M111M127.7M134.0M
Other Stockholder Equity(155M)(151M)936M976M1.1B1.2B
Total Liab893.1M983.4M1.1B3.5B4.0B4.2B
Total Current Assets1.9B2.0B2.8B3.1B3.6B2.1B
Short Term Debt38.1M18.9M49.9M60M69M43.4M
Intangible Assets132.3M114.5M92.3M942M1.1B1.1B
Property Plant Equipment404M488M500M522M600.3M358.6M
Other Liab169M400M379M353M406.0M312.4M
Net Tangible Assets529M(23M)248M370M333M283.5M
Accounts Payable386M539M692M787M905.1M611.4M

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