BluMetric Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

BLM Stock  CAD 0.84  0.01  1.18%   
BluMetric Environmental financial indicator trend analysis is way more than just evaluating BluMetric Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BluMetric Environmental is a good investment. Please check the relationship between BluMetric Environmental Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BluMetric Environmental. 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.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BluMetric Environmental Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between BluMetric Environmental's Non Current Liabilities Total and Property Plant And Equipment Net is 0.28. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of BluMetric Environmental, assuming nothing else is changed. The correlation between historical values of BluMetric Environmental's Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of BluMetric Environmental are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., BluMetric Environmental's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from BluMetric Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BluMetric Environmental 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 BluMetric Environmental. 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 this time, BluMetric Environmental's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, whereas Discontinued Operations is likely to drop (35.3 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue34.3M35.1M40.3M42.4M
Depreciation And Amortization516.3K673.9K775.0K813.8K

BluMetric Environmental fundamental ratios Correlations

0.20.850.63-0.310.850.490.690.260.710.990.88-0.63-0.670.250.970.10.180.120.57-0.08-0.23-0.610.85-0.35-0.4
0.2-0.280.280.55-0.210.85-0.230.57-0.20.20.320.00.140.920.080.750.16-0.050.70.80.59-0.13-0.240.140.45
0.85-0.280.4-0.690.940.080.86-0.150.860.850.64-0.63-0.69-0.270.92-0.38-0.090.060.17-0.44-0.57-0.560.99-0.57-0.53
0.630.280.4-0.020.430.50.30.440.30.580.43-0.31-0.170.350.530.220.28-0.220.410.050.150.070.35-0.2-0.38
-0.310.55-0.69-0.02-0.530.25-0.870.71-0.86-0.290.020.380.180.67-0.50.880.510.310.120.670.430.23-0.710.580.56
0.85-0.210.940.43-0.530.130.770.050.770.820.71-0.57-0.84-0.150.87-0.180.080.090.15-0.34-0.58-0.420.9-0.55-0.45
0.490.850.080.50.250.130.10.510.130.490.47-0.15-0.10.820.410.560.24-0.070.730.470.3-0.260.12-0.020.1
0.69-0.230.860.3-0.870.770.1-0.371.00.660.42-0.58-0.45-0.290.82-0.54-0.25-0.210.27-0.49-0.32-0.450.89-0.55-0.59
0.260.57-0.150.440.710.050.51-0.37-0.360.20.46-0.22-0.210.780.030.880.740.340.410.440.320.06-0.190.390.09
0.71-0.20.860.3-0.860.770.131.0-0.360.680.43-0.57-0.46-0.260.83-0.52-0.24-0.190.28-0.48-0.32-0.460.89-0.54-0.59
0.990.20.850.58-0.290.820.490.660.20.680.88-0.58-0.660.230.970.080.120.140.54-0.05-0.28-0.680.86-0.38-0.33
0.880.320.640.430.020.710.470.420.460.430.88-0.49-0.790.440.80.410.40.260.60.1-0.19-0.70.65-0.11-0.18
-0.630.0-0.63-0.310.38-0.57-0.15-0.58-0.22-0.57-0.58-0.490.32-0.03-0.610.1-0.05-0.31-0.340.210.110.49-0.670.210.43
-0.670.14-0.69-0.170.18-0.84-0.1-0.45-0.21-0.46-0.66-0.790.32-0.01-0.65-0.13-0.32-0.27-0.10.180.620.47-0.650.280.19
0.250.92-0.270.350.67-0.150.82-0.290.78-0.260.230.44-0.03-0.010.080.90.540.130.730.640.59-0.12-0.240.40.25
0.970.080.920.53-0.50.870.410.820.030.830.970.8-0.61-0.650.08-0.110.010.040.49-0.19-0.32-0.660.93-0.47-0.43
0.10.75-0.380.220.88-0.180.56-0.540.88-0.520.080.410.1-0.130.9-0.110.650.330.440.680.440.01-0.390.480.4
0.180.16-0.090.280.510.080.24-0.250.74-0.240.120.4-0.05-0.320.540.010.650.420.3-0.110.230.03-0.130.7-0.32
0.12-0.050.06-0.220.310.09-0.07-0.210.34-0.190.140.26-0.31-0.270.130.040.330.42-0.060.0-0.15-0.30.050.380.09
0.570.70.170.410.120.150.730.270.410.280.540.6-0.34-0.10.730.490.440.3-0.060.260.43-0.440.230.21-0.18
-0.080.8-0.440.050.67-0.340.47-0.490.44-0.48-0.050.10.210.180.64-0.190.68-0.110.00.260.380.07-0.43-0.060.84
-0.230.59-0.570.150.43-0.580.3-0.320.32-0.32-0.28-0.190.110.620.59-0.320.440.23-0.150.430.380.25-0.520.540.07
-0.61-0.13-0.560.070.23-0.42-0.26-0.450.06-0.46-0.68-0.70.490.47-0.12-0.660.010.03-0.3-0.440.070.25-0.650.10.12
0.85-0.240.990.35-0.710.90.120.89-0.190.890.860.65-0.67-0.65-0.240.93-0.39-0.130.050.23-0.43-0.52-0.65-0.55-0.52
-0.350.14-0.57-0.20.58-0.55-0.02-0.550.39-0.54-0.38-0.110.210.280.4-0.470.480.70.380.21-0.060.540.1-0.55-0.13
-0.40.45-0.53-0.380.56-0.450.1-0.590.09-0.59-0.33-0.180.430.190.25-0.430.4-0.320.09-0.180.840.070.12-0.52-0.13
Click cells to compare fundamentals

BluMetric Environmental Account Relationship Matchups

BluMetric Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.5M17.4M19.7M20.1M23.1M24.2M
Total Current Liabilities8.5M6.0M7.0M6.1M7.0M4.7M
Total Stockholder Equity6.1M9.9M11.4M12.2M14.0M14.7M
Property Plant And Equipment Net1.4M792.1K943.2K2.3M2.7M2.8M
Net Debt1.4M(2.1M)(2.8M)(243.2K)(279.7K)(265.7K)
Retained Earnings(154.3K)3.6M4.9M5.4M6.2M6.5M
Accounts Payable3.5M2.2M3.3M3.3M3.8M2.0M
Cash2.5M4.7M4.9M3.0M3.5M3.7M
Non Current Assets Total2.9M1.7M1.7M2.9M3.3M2.1M
Cash And Short Term Investments2.5M4.7M4.9M3.0M3.5M3.7M
Net Receivables10.0M10.8M12.7M13.8M15.9M16.7M
Common Stock Shares Outstanding28.7M29.1M29.4M29.4M33.9M35.6M
Liabilities And Stockholders Equity15.5M17.4M19.7M20.1M23.1M24.2M
Other Stockholder Equity644.3K687.7K703.1K690.6K621.5K590.4K
Total Liab9.4M7.6M8.3M7.9M9.0M5.7M
Total Current Assets12.6M15.7M17.9M17.2M19.7M20.7M
Short Long Term Debt Total3.9M2.6M2.2M2.8M3.2M2.4M
Non Current Liabilities Total964.2K1.6M1.3M1.8M2.1M1.1M
Other Current Assets147.7K178.0K291.9K296.0K340.4K295.6K
Other Current Liab1.8M1.7M2.6M1.5M1.8M1.9M
Short Term Debt3.0M1.0M862.3K992.5K1.1M1.5M
Current Deferred Revenue228.8K1.0M243.0K239.6K275.5K261.7K
Intangible Assets48.5K50.6K72.6K51.5K46.3K44.0K
Net Tangible Assets3.9M6.0M9.8M11.3M13.0M13.6M
Long Term Debt164.7K1.3M823.1K308.2K277.4K263.5K
Short Long Term Debt2.6M965.8K2.5M612.6K704.5K669.3K
Property Plant Equipment190.1K1.4M792.1K943.2K1.1M801.6K
Net Invested Capital8.7M11.8M12.2M12.5M14.4M11.3M
Net Working Capital4.2M9.7M10.9M11.1M12.8M7.1M
Other Assets2.2M1.5M896.4K731.2K658.0K1.2M

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