Metro Total Assets vs Non Current Liabilities Total Analysis

600683 Stock   4.26  0.07  1.67%   
Metro Investment financial indicator trend analysis is infinitely more than just investigating Metro Investment Dev recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metro Investment Dev is a good investment. Please check the relationship between Metro Investment Total Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Metro Investment Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metro Investment Dev Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metro Investment's Total Assets and Non Current Liabilities Total is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Metro Investment Development, assuming nothing else is changed. The correlation between historical values of Metro Investment's Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Metro Investment Development are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Metro Investment's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Metro Investment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Metro Investment Dev books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from Metro Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metro Investment Dev 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 Metro Investment Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 25, 2024, Selling General Administrative is expected to decline to about 241 M. The current year's Tax Provision is expected to grow to about (88.6 M)
 2021 2023 2024 (projected)
Other Operating Expenses472.6M425.4M387.4M
Gross Profit1.4B808.3M1.4B

Metro Investment fundamental ratios Correlations

0.87-0.240.930.860.920.940.980.990.670.440.33-0.53-0.04-0.360.420.85-0.790.68-0.90.83-0.770.84-0.760.590.87
0.87-0.220.840.810.90.790.810.810.840.270.3-0.35-0.17-0.20.470.97-0.770.62-0.890.75-0.670.84-0.660.810.87
-0.24-0.22-0.37-0.21-0.36-0.27-0.21-0.220.090.21-0.24-0.21-0.40.07-0.02-0.230.53-0.260.36-0.480.6-0.230.61-0.15-0.39
0.930.84-0.370.750.950.870.910.920.70.290.44-0.36-0.04-0.250.420.8-0.860.61-0.910.84-0.810.84-0.80.60.95
0.860.81-0.210.750.810.90.780.840.530.21-0.11-0.3-0.04-0.440.240.89-0.610.85-0.790.75-0.610.77-0.60.540.67
0.920.9-0.360.950.810.910.860.890.750.250.33-0.33-0.06-0.320.410.89-0.90.7-0.960.91-0.820.87-0.810.660.97
0.940.79-0.270.870.90.910.90.940.60.310.14-0.41-0.02-0.520.270.82-0.720.82-0.880.84-0.720.83-0.710.440.82
0.980.81-0.210.910.780.860.90.990.610.50.37-0.59-0.03-0.350.440.76-0.740.6-0.840.77-0.740.79-0.730.520.82
0.990.81-0.220.920.840.890.940.990.610.460.3-0.55-0.03-0.380.410.79-0.750.67-0.870.81-0.750.81-0.740.520.83
0.670.840.090.70.530.750.60.610.610.40.44-0.39-0.30.010.350.75-0.650.37-0.690.59-0.450.74-0.440.730.8
0.440.270.210.290.210.250.310.50.460.40.49-0.960.15-0.020.00.13-0.270.12-0.20.32-0.290.24-0.290.160.24
0.330.3-0.240.44-0.110.330.140.370.30.440.49-0.490.30.380.090.06-0.58-0.13-0.250.3-0.520.11-0.520.270.48
-0.53-0.35-0.21-0.36-0.3-0.33-0.41-0.59-0.55-0.39-0.96-0.49-0.150.07-0.05-0.210.32-0.20.26-0.320.34-0.220.34-0.15-0.27
-0.04-0.17-0.4-0.04-0.04-0.06-0.02-0.03-0.03-0.30.150.3-0.15-0.08-0.59-0.21-0.240.230.060.23-0.47-0.29-0.48-0.32-0.09
-0.36-0.20.07-0.25-0.44-0.32-0.52-0.35-0.380.01-0.020.380.07-0.080.14-0.340.08-0.690.42-0.40.2-0.370.20.23-0.2
0.420.47-0.020.420.240.410.270.440.410.350.00.09-0.05-0.590.140.44-0.24-0.11-0.440.16-0.190.53-0.180.620.44
0.850.97-0.230.80.890.890.820.760.790.750.130.06-0.21-0.21-0.340.44-0.70.72-0.890.75-0.620.87-0.60.760.82
-0.79-0.770.53-0.86-0.61-0.9-0.72-0.74-0.75-0.65-0.27-0.580.32-0.240.08-0.24-0.7-0.520.82-0.90.93-0.640.93-0.59-0.91
0.680.62-0.260.610.850.70.820.60.670.370.12-0.13-0.20.23-0.69-0.110.72-0.52-0.750.74-0.570.62-0.570.290.56
-0.9-0.890.36-0.91-0.79-0.96-0.88-0.84-0.87-0.69-0.2-0.250.260.060.42-0.44-0.890.82-0.75-0.890.77-0.880.76-0.69-0.93
0.830.75-0.480.840.750.910.840.770.810.590.320.3-0.320.23-0.40.160.75-0.90.74-0.89-0.890.78-0.880.530.86
-0.77-0.670.6-0.81-0.61-0.82-0.72-0.74-0.75-0.45-0.29-0.520.34-0.470.2-0.19-0.620.93-0.570.77-0.89-0.591.0-0.43-0.8
0.840.84-0.230.840.770.870.830.790.810.740.240.11-0.22-0.29-0.370.530.87-0.640.62-0.880.78-0.59-0.580.670.86
-0.76-0.660.61-0.8-0.6-0.81-0.71-0.73-0.74-0.44-0.29-0.520.34-0.480.2-0.18-0.60.93-0.570.76-0.881.0-0.58-0.42-0.79
0.590.81-0.150.60.540.660.440.520.520.730.160.27-0.15-0.320.230.620.76-0.590.29-0.690.53-0.430.67-0.420.68
0.870.87-0.390.950.670.970.820.820.830.80.240.48-0.27-0.09-0.20.440.82-0.910.56-0.930.86-0.80.86-0.790.68
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Metro Investment Account Relationship Matchups

Metro Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.2B49.8B46.8B54.8B59.5B62.5B
Total Stockholder Equity2.7B6.4B9.1B8.9B7.8B8.2B
Other Liab336.3M555.9M869.4M1.0B1.2B1.3B
Accounts Payable3.1B3.7B2.9B3.4B3.2B3.4B
Cash2.1B4.9B4.9B4.0B10.1B10.6B
Other Assets8.2B10.2B9.5B9.6B11.1B11.6B
Long Term Debt20.9B25.0B14.8B23.1B32.8B34.4B
Inventory33.4B31.7B29.2B37.5B36.8B38.7B
Total Liab42.1B41.4B35.6B43.9B50.1B52.6B
Intangible Assets14.2M38.0M38.1M34.2M31.6M19.9M
Retained Earnings1.4B1.8B1.8B1.6B311.8M296.2M
Other Current Liab5.6B8.9B13.3B662.6M374.6M355.8M
Total Current Liabilities20.6B15.4B19.7B19.3B16.2B17.9B
Net Tangible Assets2.5B2.7B6.3B9.1B10.5B11.0B
Net Receivables607.5M85.4M66.8M513.3M483.1M510.6M
Other Current Assets292.5M430.5M411.6M760.9M1.6B1.7B
Deferred Long Term Liab4.3M6.6M3.4M1.7M1.5M1.5M
Short Long Term Debt408.5M198M245M75.1M67.6M64.2M
Total Current Assets36.9B38.2B36.4B43.7B49.7B37.5B
Property Plant Equipment76.8M75.3M166.5M93.3M107.3M85.2M
Non Current Assets Total9.3B11.6B10.4B11.1B9.9B8.9B
Non Currrent Assets Other7.2B9.0B8.0B7.8B7.6B6.6B
Non Current Liabilities Total21.5B26.0B15.9B24.6B33.9B21.8B
Non Current Liabilities Other78.2M104.4M104.4M111.0M115.8M117.3M
Net Debt18.9B20.2B9.9B19.1B22.7B17.9B
Net Invested Capital23.7B31.4B23.9B32.0B40.6B28.9B
Net Working Capital16.3B22.7B16.7B24.3B33.5B21.9B
Other Stockholder Equity200.6M3.5B6.3B6.2B7.2B7.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Metro Stock

Balance Sheet is a snapshot of the financial position of Metro Investment Dev at a specified time, usually calculated after every quarter, six months, or one year. Metro Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metro Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Metro currently owns. An asset can also be divided into two categories, current and non-current.