Adriatic Change To Liabilities vs Sale Purchase Of Stock Analysis

ADT Stock   4.17  0.04  0.97%   
Adriatic Metals financial indicator trend analysis is way more than just evaluating Adriatic Metals Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adriatic Metals Plc is a good investment. Please check the relationship between Adriatic Metals Change To Liabilities and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adriatic Metals Plc. 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.

Change To Liabilities vs Sale Purchase Of Stock

Change To Liabilities vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adriatic Metals Plc Change To Liabilities account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Adriatic Metals' Change To Liabilities and Sale Purchase Of Stock is 0.58. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Adriatic Metals Plc, assuming nothing else is changed. The correlation between historical values of Adriatic Metals' Change To Liabilities and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Adriatic Metals Plc are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change To Liabilities i.e., Adriatic Metals' Change To Liabilities and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Liabilities

Sale Purchase Of Stock

Most indicators from Adriatic Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adriatic Metals Plc 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 Adriatic Metals Plc. 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.
Selling General Administrative is likely to gain to about 10.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 28.1 M in 2024.
 2022 2023 2024 (projected)
Depreciation And Amortization1.3M1.5M1.6M
Interest Income334.5K1.6M1.6M

Adriatic Metals fundamental ratios Correlations

0.890.880.820.970.930.42-0.930.890.660.970.46-0.80.720.950.680.820.960.980.840.860.980.940.990.970.77
0.891.00.520.770.960.71-0.90.990.290.960.27-0.940.380.970.470.70.930.780.990.680.80.970.890.960.42
0.881.00.490.750.980.76-0.911.00.260.970.2-0.950.340.980.450.740.940.770.990.710.790.980.880.960.4
0.820.520.490.920.59-0.12-0.640.50.940.670.65-0.340.970.630.780.650.670.910.410.70.90.60.80.690.99
0.970.770.750.920.830.21-0.860.770.810.890.55-0.660.850.860.750.770.881.00.690.851.00.840.950.890.89
0.930.960.980.590.830.71-0.970.980.360.990.18-0.910.430.990.510.840.990.850.960.830.871.00.910.980.51
0.420.710.76-0.120.210.71-0.660.76-0.40.63-0.32-0.75-0.320.660.010.560.640.240.790.460.280.70.440.61-0.23
-0.93-0.9-0.91-0.64-0.86-0.97-0.66-0.94-0.4-0.97-0.260.82-0.48-0.97-0.61-0.92-0.99-0.87-0.87-0.92-0.89-0.97-0.94-0.97-0.56
0.890.991.00.50.770.980.76-0.940.260.970.19-0.940.350.980.470.770.960.780.990.750.810.990.890.970.41
0.660.290.260.940.810.36-0.4-0.40.260.460.72-0.180.990.410.670.380.440.790.170.510.760.370.630.480.97
0.970.960.970.670.890.990.63-0.970.970.460.33-0.890.531.00.580.830.990.90.940.840.920.990.961.00.59
0.460.270.20.650.550.18-0.32-0.260.190.720.33-0.140.710.290.580.090.290.510.120.230.530.250.550.380.66
-0.8-0.94-0.95-0.34-0.66-0.91-0.750.82-0.94-0.18-0.89-0.14-0.23-0.91-0.3-0.57-0.87-0.68-0.95-0.62-0.7-0.91-0.79-0.88-0.27
0.720.380.340.970.850.43-0.32-0.480.350.990.530.71-0.230.490.710.460.520.840.260.560.810.450.690.550.99
0.950.970.980.630.860.990.66-0.970.980.411.00.29-0.910.490.580.820.990.870.950.820.891.00.950.990.55
0.680.470.450.780.750.510.01-0.610.470.670.580.58-0.30.710.580.550.570.730.40.570.710.530.710.610.74
0.820.70.740.650.770.840.56-0.920.770.380.830.09-0.570.460.820.550.880.790.690.940.80.830.80.820.57
0.960.930.940.670.880.990.64-0.990.960.440.990.29-0.870.520.990.570.880.90.910.90.920.990.960.990.59
0.980.780.770.911.00.850.24-0.870.780.790.90.51-0.680.840.870.730.790.90.70.861.00.850.950.90.88
0.840.990.990.410.690.960.79-0.870.990.170.940.12-0.950.260.950.40.690.910.70.650.730.960.820.930.31
0.860.680.710.70.850.830.46-0.920.750.510.840.23-0.620.560.820.570.940.90.860.650.870.830.850.830.66
0.980.80.790.91.00.870.28-0.890.810.760.920.53-0.70.810.890.710.80.921.00.730.870.880.970.920.86
0.940.970.980.60.841.00.7-0.970.990.370.990.25-0.910.451.00.530.830.990.850.960.830.880.940.990.52
0.990.890.880.80.950.910.44-0.940.890.630.960.55-0.790.690.950.710.80.960.950.820.850.970.940.980.74
0.970.960.960.690.890.980.61-0.970.970.481.00.38-0.880.550.990.610.820.990.90.930.830.920.990.980.61
0.770.420.40.990.890.51-0.23-0.560.410.970.590.66-0.270.990.550.740.570.590.880.310.660.860.520.740.61
Click cells to compare fundamentals

Adriatic Metals Account Relationship Matchups

Adriatic Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.9M120.3M245.7M257.7M426.2M447.6M
Other Current Liab265.6K7.8M7.1M2.8M49.5M51.9M
Total Current Liabilities852.9K8.1M7.7M11.4M112.0M117.6M
Total Stockholder Equity25.7M82.4M211.5M159.1M162.2M91.2M
Net Tangible Assets20.9M46.5M113.5M107.9M124.1M130.3M
Property Plant And Equipment Net12.6M2.1M42.1M128.0M324.0M340.2M
Net Debt(11.9M)(31.2M)(131.8M)(14.6M)104.1M109.3M
Retained Earnings(12.5M)(24.8M)(7.7M)(74.1M)(112.6M)(107.0M)
Accounts Payable574.3K1.2M526.5K2.6M13.7M14.4M
Cash12.2M52.4M154.9M89.3M44.9M50.5M
Non Current Assets Total12.6M66.8M87.7M140.6M338.9M355.8M
Non Currrent Assets Other1.5M64.6M45.6M12.5M14.9M19.3M
Cash And Short Term Investments13.8M52.4M154.9M89.3M65.7M53.5M
Net Receivables356.3K1.2M1.4M2.5M6.9M7.2M
Liabilities And Stockholders Equity26.9M120.3M245.7M257.7M426.2M447.6M
Non Current Liabilities Total314.0K26.3M26.4M87.2M152.0M159.6M
Capital Surpluse24.7M51.5M143.3M143.8M165.4M173.7M
Inventory45.4K96.0K2.01.01.6M1.6M
Other Current Assets(291.8K)451.5K2.2M18.8M13.2M13.9M
Other Stockholder Equity35.3M91.2M200.7M212.1M257.9M270.8M
Total Liab1.2M34.4M34.2M98.5M264.1M277.3M
Net Invested Capital10.2M20.9M125.4M150.4M251.5M264.0M
Property Plant And Equipment Gross4.3M10.2M64.1M96.1M230.8M242.3M
Total Current Assets14.3M53.6M158.0M117.1M87.4M61.1M
Accumulated Other Comprehensive Income(194.8K)11.1M12.0M13.2M11.2M11.4M
Net Working Capital5.6M10.9M80.7M71.7M(16.8M)(16.0M)
Common Stock3.0M4.9M6.6M7.9M5.7M4.7M
Property Plant Equipment10.2M37.7M47.1M95.3M109.6M115.1M
Short Term Debt13.0K250.0K141.7K2.4M48.9M51.3M

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