Metro Total Current Liabilities vs Other Liab Analysis

600683 Stock   4.62  0.11  2.44%   
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 Current Liabilities and its Other Liab 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 Current Liabilities vs Other Liab

Total Current Liabilities vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metro Investment Dev Total Current Liabilities account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Metro Investment's Total Current Liabilities and Other Liab is -0.02. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Liab 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 Current Liabilities and Other 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 Total Current Liabilities of Metro Investment Development are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Liabilities i.e., Metro Investment's Total Current Liabilities and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Metro Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Metro Investment Development are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Liab

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 29, 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.