Metallurgical Net Receivables vs Inventory Analysis

601618 Stock

3.43 0.03 0.88%

Metallurgical financial indicator trend analysis is infinitely more than just investigating Metallurgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metallurgical is a good investment. Please check the relationship between Metallurgical Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Metallurgical of. 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.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metallurgical Net Receivables account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Metallurgical's Net Receivables and Inventory is -0.25. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Metallurgical of, assuming nothing else is changed. The correlation between historical values of Metallurgical's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Metallurgical of are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Metallurgical's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Inventory

Most indicators from Metallurgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metallurgical 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 Metallurgical of. 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 present, Metallurgical's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 2.5 B, whereas Issuance Of Capital Stock is forecasted to decline to about 5.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	53.1B	57.2B	61.4B	46.5B
Total Revenue	500.6B	592.7B	633.9B	420.0B

Gross Profit Total Revenue

Metallurgical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		0.19	1.0	0.99	0.92	0.96	0.99	0.6	0.72	0.98	0.25	-0.06	-0.88	-0.73	0.45	0.91	1.0	0.92	0.88	0.27	1.0	0.73	0.97	0.87	-0.87	0.99
Other Current Liab	0.19		0.15	0.17	0.15	0.37	0.25	-0.56	0.42	0.18	-0.63	0.22	0.05	-0.65	0.84	0.39	0.13	0.3	0.54	0.4	0.19	0.39	0.07	0.05	-0.12	0.13
Total Current Liabilities	1.0	0.15		0.99	0.93	0.96	0.99	0.62	0.7	0.98	0.3	-0.05	-0.88	-0.71	0.42	0.9	1.0	0.92	0.87	0.27	1.0	0.72	0.96	0.88	-0.88	1.0
Total Stockholder Equity	0.99	0.17	0.99		0.9	0.97	0.98	0.59	0.71	0.99	0.3	0.01	-0.85	-0.71	0.42	0.93	0.99	0.92	0.89	0.32	0.99	0.74	0.94	0.89	-0.86	0.99
Other Liab	0.92	0.15	0.93	0.9		0.84	0.9	0.65	0.64	0.86	0.32	-0.2	-0.8	-0.68	0.41	0.75	0.93	0.8	0.76	0.12	0.93	0.57	0.9	0.83	-0.84	0.92
Net Tangible Assets	0.96	0.37	0.96	0.97	0.84		0.97	0.41	0.79	0.97	0.13	0.09	-0.78	-0.8	0.57	0.97	0.95	0.95	0.95	0.43	0.96	0.81	0.88	0.85	-0.83	0.95
Retained Earnings	0.99	0.25	0.99	0.98	0.9	0.97		0.55	0.72	0.98	0.16	-0.08	-0.87	-0.75	0.49	0.92	0.98	0.91	0.9	0.26	0.99	0.72	0.96	0.82	-0.84	0.98
Accounts Payable	0.6	-0.56	0.62	0.59	0.65	0.41	0.55		0.17	0.54	0.6	-0.27	-0.77	-0.21	-0.17	0.38	0.64	0.38	0.21	-0.29	0.6	0.12	0.69	0.59	-0.68	0.66
Cash	0.72	0.42	0.7	0.71	0.64	0.79	0.72	0.17		0.7	0.03	0.05	-0.47	-0.71	0.54	0.7	0.7	0.86	0.78	0.68	0.74	0.9	0.57	0.74	-0.74	0.66
Other Assets	0.98	0.18	0.98	0.99	0.86	0.97	0.98	0.54	0.7		0.26	0.03	-0.83	-0.7	0.39	0.93	0.98	0.92	0.91	0.32	0.98	0.74	0.94	0.84	-0.82	0.98
Long Term Debt	0.25	-0.63	0.3	0.3	0.32	0.13	0.16	0.6	0.03	0.26		0.29	-0.26	0.11	-0.53	0.06	0.33	0.23	0.04	0.18	0.24	0.2	0.23	0.55	-0.36	0.3
Net Receivables	-0.06	0.22	-0.05	0.01	-0.2	0.09	-0.08	-0.27	0.05	0.03	0.29		0.25	-0.25	-0.1	0.16	-0.04	0.06	0.26	0.59	-0.09	0.28	-0.21	0.12	-0.01	-0.05
Good Will	-0.88	0.05	-0.88	-0.85	-0.8	-0.78	-0.87	-0.77	-0.47	-0.83	-0.26	0.25		0.56	-0.37	-0.73	-0.88	-0.73	-0.61	0.0	-0.88	-0.51	-0.95	-0.74	0.83	-0.89
Inventory	-0.73	-0.65	-0.71	-0.71	-0.68	-0.8	-0.75	-0.21	-0.71	-0.7	0.11	-0.25	0.56		-0.7	-0.79	-0.7	-0.69	-0.87	-0.38	-0.73	-0.65	-0.64	-0.59	0.74	-0.71
Other Current Assets	0.45	0.84	0.42	0.42	0.41	0.57	0.49	-0.17	0.54	0.39	-0.53	-0.1	-0.37	-0.7		0.56	0.4	0.54	0.59	0.27	0.47	0.48	0.4	0.33	-0.47	0.4
Other Stockholder Equity	0.91	0.39	0.9	0.93	0.75	0.97	0.92	0.38	0.7	0.93	0.06	0.16	-0.73	-0.79	0.56		0.89	0.89	0.93	0.37	0.9	0.72	0.83	0.77	-0.79	0.91
Total Liab	1.0	0.13	1.0	0.99	0.93	0.95	0.98	0.64	0.7	0.98	0.33	-0.04	-0.88	-0.7	0.4	0.89		0.91	0.86	0.27	0.99	0.72	0.96	0.89	-0.88	1.0
Deferred Long Term Liab	0.92	0.3	0.92	0.92	0.8	0.95	0.91	0.38	0.86	0.92	0.23	0.06	-0.73	-0.69	0.54	0.89	0.91		0.89	0.55	0.92	0.88	0.82	0.9	-0.86	0.89
Long Term Investments	0.88	0.54	0.87	0.89	0.76	0.95	0.9	0.21	0.78	0.91	0.04	0.26	-0.61	-0.87	0.59	0.93	0.86	0.89		0.52	0.87	0.81	0.77	0.73	-0.73	0.86
Short Long Term Debt	0.27	0.4	0.27	0.32	0.12	0.43	0.26	-0.29	0.68	0.32	0.18	0.59	0.0	-0.38	0.27	0.37	0.27	0.55	0.52		0.28	0.84	0.07	0.5	-0.3	0.21
Total Current Assets	1.0	0.19	1.0	0.99	0.93	0.96	0.99	0.6	0.74	0.98	0.24	-0.09	-0.88	-0.73	0.47	0.9	0.99	0.92	0.87	0.28		0.74	0.97	0.87	-0.88	0.99
Short Term Debt	0.73	0.39	0.72	0.74	0.57	0.81	0.72	0.12	0.9	0.74	0.2	0.28	-0.51	-0.65	0.48	0.72	0.72	0.88	0.81	0.84	0.74		0.59	0.8	-0.68	0.67
Intangible Assets	0.97	0.07	0.96	0.94	0.9	0.88	0.96	0.69	0.57	0.94	0.23	-0.21	-0.95	-0.64	0.4	0.83	0.96	0.82	0.77	0.07	0.97	0.59		0.77	-0.82	0.97
Common Stock	0.87	0.05	0.88	0.89	0.83	0.85	0.82	0.59	0.74	0.84	0.55	0.12	-0.74	-0.59	0.33	0.77	0.89	0.9	0.73	0.5	0.87	0.8	0.77		-0.9	0.86
Property Plant Equipment	-0.87	-0.12	-0.88	-0.86	-0.84	-0.83	-0.84	-0.68	-0.74	-0.82	-0.36	-0.01	0.83	0.74	-0.47	-0.79	-0.88	-0.86	-0.73	-0.3	-0.88	-0.68	-0.82	-0.9		-0.87
Non Current Assets Total	0.99	0.13	1.0	0.99	0.92	0.95	0.98	0.66	0.66	0.98	0.3	-0.05	-0.89	-0.71	0.4	0.91	1.0	0.89	0.86	0.21	0.99	0.67	0.97	0.86	-0.87

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Metallurgical Account Relationship Matchups

Metallurgical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	458.5B	506.4B	543.5B	585.4B	661.6B	529.2B
Other Current Liab	174.6B	206.1B	223.2B	19.1B	27.0B	25.6B
Total Current Liabilities	305.9B	331.8B	358.9B	385.8B	448.8B	354.4B
Total Stockholder Equity	97.9B	97.9B	107.5B	121.1B	145.5B	106.0B
Other Liab	6.9B	6.5B	7.6B	7.3B	8.4B	7.4B
Net Tangible Assets	67.6B	82.0B	80.2B	86.6B	99.5B	76.2B
Retained Earnings	28.9B	34.5B	40.6B	45.1B	49.9B	33.7B
Accounts Payable	64.2B	69.2B	83.5B	224.3B	272.1B	285.7B
Cash	43.7B	53.1B	41.8B	45.5B	44.4B	48.3B
Other Assets	36.1B	37.4B	44.3B	57.5B	66.1B	37.4B
Long Term Debt	28.9B	26.4B	25.6B	30.1B	37.5B	33.4B
Net Receivables	214.0B	69.4B	83.9B	93.4B	130.0B	104.4B
Good Will	161.5M	160.9M	55.9M	54.3M	50.1M	47.6M
Inventory	60.6B	60.6B	61.8B	79.9B	80.1B	67.2B
Other Current Assets	27.0B	36.6B	48.3B	12.4B	17.5B	26.3B
Other Stockholder Equity	15.7B	25.9B	20.2B	23.5B	27.0B	19.4B
Total Liab	341.6B	366.0B	392.1B	423.5B	493.6B	395.7B
Deferred Long Term Liab	269.7M	265.9M	295.6M	293.8M	337.9M	294.6M
Short Long Term Debt	40.5B	29.3B	21.4B	20.2B	28.2B	25.7B
Total Current Assets	347.4B	389.3B	412.3B	438.2B	484.1B	404.7B
Intangible Assets	15.8B	17.5B	20.9B	22.0B	22.8B	19.5B
Property Plant Equipment	30.8B	31.1B	30.1B	30.1B	27.1B	25.3B
Non Current Assets Total	111.1B	117.1B	131.2B	147.2B	177.5B	130.7B
Non Currrent Assets Other	171.3M	201.7M	240.4M	7.1B	14.7B	15.5B
Short Term Investments	2.2B	2.3B	1.1M	178.0M	2.0M	1.9M
Non Current Liabilities Total	35.7B	34.2B	33.2B	37.6B	44.8B	41.3B
Non Current Liabilities Other	832.5M	791.9M	1.9B	2.2B	2.2B	1.3B
Net Debt	25.7B	2.6B	5.1B	4.8B	21.2B	13.9B
Net Invested Capital	167.3B	153.6B	154.4B	171.4B	211.2B	184.6B
Net Working Capital	41.5B	57.5B	53.4B	52.4B	35.3B	51.0B

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Other Information on Investing in Metallurgical Stock

Balance Sheet is a snapshot of the financial position of Metallurgical at a specified time, usually calculated after every quarter, six months, or one year. Metallurgical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metallurgical 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 Metallurgical currently owns. An asset can also be divided into two categories, current and non-current.

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Metallurgical Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

Metallurgical fundamental ratios Correlations

Metallurgical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Metallurgical fundamental ratios Accounts

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Other Information on Investing in Metallurgical Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities

Intangible Assets	- 0.95	Good Will
Property Plant Equipment	- 0.9	Common Stock
Non Current Assets Total	- 0.89	Good Will
Property Plant Equipment	- 0.88	Total Current Assets
Property Plant Equipment	- 0.88	Total Liab
Total Current Assets	- 0.88	Good Will