Adriatic Other Non Cash Items vs Free Cash Flow 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 Other Non Cash Items and its Free Cash Flow 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.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adriatic Metals Plc Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Adriatic Metals' Other Non Cash Items and Free Cash Flow is -0.97. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow 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' Other Non Cash Items and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Adriatic Metals Plc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Adriatic Metals' Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Other Non Cash Items

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 Amortization	1.3M	1.5M	1.6M
Interest Income	334.5K	1.6M	1.6M

Depreciation And Amortization Interest Income

Adriatic Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.89	0.88	0.82	0.97	0.93	0.42	-0.93	0.89	0.66	0.97	0.46	-0.8	0.72	0.95	0.68	0.82	0.96	0.98	0.84	0.86	0.98	0.94	0.99	0.97	0.77
Other Current Liab	0.89		1.0	0.52	0.77	0.96	0.71	-0.9	0.99	0.29	0.96	0.27	-0.94	0.38	0.97	0.47	0.7	0.93	0.78	0.99	0.68	0.8	0.97	0.89	0.96	0.42
Total Current Liabilities	0.88	1.0		0.49	0.75	0.98	0.76	-0.91	1.0	0.26	0.97	0.2	-0.95	0.34	0.98	0.45	0.74	0.94	0.77	0.99	0.71	0.79	0.98	0.88	0.96	0.4
Total Stockholder Equity	0.82	0.52	0.49		0.92	0.59	-0.12	-0.64	0.5	0.94	0.67	0.65	-0.34	0.97	0.63	0.78	0.65	0.67	0.91	0.41	0.7	0.9	0.6	0.8	0.69	0.99
Net Tangible Assets	0.97	0.77	0.75	0.92		0.83	0.21	-0.86	0.77	0.81	0.89	0.55	-0.66	0.85	0.86	0.75	0.77	0.88	1.0	0.69	0.85	1.0	0.84	0.95	0.89	0.89
Property Plant And Equipment Net	0.93	0.96	0.98	0.59	0.83		0.71	-0.97	0.98	0.36	0.99	0.18	-0.91	0.43	0.99	0.51	0.84	0.99	0.85	0.96	0.83	0.87	1.0	0.91	0.98	0.51
Net Debt	0.42	0.71	0.76	-0.12	0.21	0.71		-0.66	0.76	-0.4	0.63	-0.32	-0.75	-0.32	0.66	0.01	0.56	0.64	0.24	0.79	0.46	0.28	0.7	0.44	0.61	-0.23
Retained Earnings	-0.93	-0.9	-0.91	-0.64	-0.86	-0.97	-0.66		-0.94	-0.4	-0.97	-0.26	0.82	-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
Accounts Payable	0.89	0.99	1.0	0.5	0.77	0.98	0.76	-0.94		0.26	0.97	0.19	-0.94	0.35	0.98	0.47	0.77	0.96	0.78	0.99	0.75	0.81	0.99	0.89	0.97	0.41
Cash	0.66	0.29	0.26	0.94	0.81	0.36	-0.4	-0.4	0.26		0.46	0.72	-0.18	0.99	0.41	0.67	0.38	0.44	0.79	0.17	0.51	0.76	0.37	0.63	0.48	0.97
Non Current Assets Total	0.97	0.96	0.97	0.67	0.89	0.99	0.63	-0.97	0.97	0.46		0.33	-0.89	0.53	1.0	0.58	0.83	0.99	0.9	0.94	0.84	0.92	0.99	0.96	1.0	0.59
Non Currrent Assets Other	0.46	0.27	0.2	0.65	0.55	0.18	-0.32	-0.26	0.19	0.72	0.33		-0.14	0.71	0.29	0.58	0.09	0.29	0.51	0.12	0.23	0.53	0.25	0.55	0.38	0.66
Other Assets	-0.8	-0.94	-0.95	-0.34	-0.66	-0.91	-0.75	0.82	-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
Cash And Short Term Investments	0.72	0.38	0.34	0.97	0.85	0.43	-0.32	-0.48	0.35	0.99	0.53	0.71	-0.23		0.49	0.71	0.46	0.52	0.84	0.26	0.56	0.81	0.45	0.69	0.55	0.99
Net Receivables	0.95	0.97	0.98	0.63	0.86	0.99	0.66	-0.97	0.98	0.41	1.0	0.29	-0.91	0.49		0.58	0.82	0.99	0.87	0.95	0.82	0.89	1.0	0.95	0.99	0.55
Common Stock Total Equity	0.68	0.47	0.45	0.78	0.75	0.51	0.01	-0.61	0.47	0.67	0.58	0.58	-0.3	0.71	0.58		0.55	0.57	0.73	0.4	0.57	0.71	0.53	0.71	0.61	0.74
Common Stock Shares Outstanding	0.82	0.7	0.74	0.65	0.77	0.84	0.56	-0.92	0.77	0.38	0.83	0.09	-0.57	0.46	0.82	0.55		0.88	0.79	0.69	0.94	0.8	0.83	0.8	0.82	0.57
Non Current Liabilities Total	0.96	0.93	0.94	0.67	0.88	0.99	0.64	-0.99	0.96	0.44	0.99	0.29	-0.87	0.52	0.99	0.57	0.88		0.9	0.91	0.9	0.92	0.99	0.96	0.99	0.59
Capital Surpluse	0.98	0.78	0.77	0.91	1.0	0.85	0.24	-0.87	0.78	0.79	0.9	0.51	-0.68	0.84	0.87	0.73	0.79	0.9		0.7	0.86	1.0	0.85	0.95	0.9	0.88
Inventory	0.84	0.99	0.99	0.41	0.69	0.96	0.79	-0.87	0.99	0.17	0.94	0.12	-0.95	0.26	0.95	0.4	0.69	0.91	0.7		0.65	0.73	0.96	0.82	0.93	0.31
Other Current Assets	0.86	0.68	0.71	0.7	0.85	0.83	0.46	-0.92	0.75	0.51	0.84	0.23	-0.62	0.56	0.82	0.57	0.94	0.9	0.86	0.65		0.87	0.83	0.85	0.83	0.66
Other Stockholder Equity	0.98	0.8	0.79	0.9	1.0	0.87	0.28	-0.89	0.81	0.76	0.92	0.53	-0.7	0.81	0.89	0.71	0.8	0.92	1.0	0.73	0.87		0.88	0.97	0.92	0.86
Total Liab	0.94	0.97	0.98	0.6	0.84	1.0	0.7	-0.97	0.99	0.37	0.99	0.25	-0.91	0.45	1.0	0.53	0.83	0.99	0.85	0.96	0.83	0.88		0.94	0.99	0.52
Net Invested Capital	0.99	0.89	0.88	0.8	0.95	0.91	0.44	-0.94	0.89	0.63	0.96	0.55	-0.79	0.69	0.95	0.71	0.8	0.96	0.95	0.82	0.85	0.97	0.94		0.98	0.74
Property Plant And Equipment Gross	0.97	0.96	0.96	0.69	0.89	0.98	0.61	-0.97	0.97	0.48	1.0	0.38	-0.88	0.55	0.99	0.61	0.82	0.99	0.9	0.93	0.83	0.92	0.99	0.98		0.61
Total Current Assets	0.77	0.42	0.4	0.99	0.89	0.51	-0.23	-0.56	0.41	0.97	0.59	0.66	-0.27	0.99	0.55	0.74	0.57	0.59	0.88	0.31	0.66	0.86	0.52	0.74	0.61

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Adriatic Metals Account Relationship Matchups

Adriatic Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.9M	120.3M	245.7M	257.7M	426.2M	447.6M
Other Current Liab	265.6K	7.8M	7.1M	2.8M	49.5M	51.9M
Total Current Liabilities	852.9K	8.1M	7.7M	11.4M	112.0M	117.6M
Total Stockholder Equity	25.7M	82.4M	211.5M	159.1M	162.2M	91.2M
Net Tangible Assets	20.9M	46.5M	113.5M	107.9M	124.1M	130.3M
Property Plant And Equipment Net	12.6M	2.1M	42.1M	128.0M	324.0M	340.2M
Net Debt	(11.9M)	(31.2M)	(131.8M)	(14.6M)	104.1M	109.3M
Retained Earnings	(12.5M)	(24.8M)	(7.7M)	(74.1M)	(112.6M)	(107.0M)
Accounts Payable	574.3K	1.2M	526.5K	2.6M	13.7M	14.4M
Cash	12.2M	52.4M	154.9M	89.3M	44.9M	50.5M
Non Current Assets Total	12.6M	66.8M	87.7M	140.6M	338.9M	355.8M
Non Currrent Assets Other	1.5M	64.6M	45.6M	12.5M	14.9M	19.3M
Cash And Short Term Investments	13.8M	52.4M	154.9M	89.3M	65.7M	53.5M
Net Receivables	356.3K	1.2M	1.4M	2.5M	6.9M	7.2M
Liabilities And Stockholders Equity	26.9M	120.3M	245.7M	257.7M	426.2M	447.6M
Non Current Liabilities Total	314.0K	26.3M	26.4M	87.2M	152.0M	159.6M
Capital Surpluse	24.7M	51.5M	143.3M	143.8M	165.4M	173.7M
Inventory	45.4K	96.0K	2.0	1.0	1.6M	1.6M
Other Current Assets	(291.8K)	451.5K	2.2M	18.8M	13.2M	13.9M
Other Stockholder Equity	35.3M	91.2M	200.7M	212.1M	257.9M	270.8M
Total Liab	1.2M	34.4M	34.2M	98.5M	264.1M	277.3M
Net Invested Capital	10.2M	20.9M	125.4M	150.4M	251.5M	264.0M
Property Plant And Equipment Gross	4.3M	10.2M	64.1M	96.1M	230.8M	242.3M
Total Current Assets	14.3M	53.6M	158.0M	117.1M	87.4M	61.1M
Accumulated Other Comprehensive Income	(194.8K)	11.1M	12.0M	13.2M	11.2M	11.4M
Net Working Capital	5.6M	10.9M	80.7M	71.7M	(16.8M)	(16.0M)
Common Stock	3.0M	4.9M	6.6M	7.9M	5.7M	4.7M
Property Plant Equipment	10.2M	37.7M	47.1M	95.3M	109.6M	115.1M
Short Term Debt	13.0K	250.0K	141.7K	2.4M	48.9M	51.3M

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