BluMetric Short Long Term Debt Total vs Total Stockholder Equity 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 Short Long Term Debt Total and its Total Stockholder Equity 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.

Short Long Term Debt Total vs Total Stockholder Equity

Short Long Term Debt Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BluMetric Environmental Short Long Term Debt Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BluMetric Environmental's Short Long Term Debt Total and Total Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Stockholder Equity 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 Short Long Term Debt Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of BluMetric Environmental are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., BluMetric Environmental's Short Long Term Debt Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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