Elementis Net Receivables vs Retained Earnings Analysis

ELM Stock

132.60 0.40 0.30%

Elementis PLC financial indicator trend analysis is much more than just examining Elementis PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elementis PLC is a good investment. Please check the relationship between Elementis PLC Net Receivables and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementis 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 bureau of economic analysis.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elementis PLC Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Elementis PLC's Net Receivables and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Elementis PLC, assuming nothing else is changed. The correlation between historical values of Elementis PLC's Net Receivables and Retained Earnings 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 Elementis PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Elementis PLC's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Elementis PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elementis 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementis 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 bureau of economic analysis.

At present, Elementis PLC's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	27.5M	21.6M	20.2M	16.6M
Depreciation And Amortization	68.3M	56.9M	55.7M	36.0M

Interest Expense Depreciation And Amortization

Elementis PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.98	0.31	0.63	0.94	0.89	-0.64	0.97	0.66	-0.12	0.56	0.99	0.22	0.52	0.6	0.34	0.21	0.69	0.3	0.98	0.84	-0.36	-0.5	0.98	0.65	0.7
Short Long Term Debt Total	0.98		0.37	0.67	0.88	0.9	-0.6	1.0	0.6	-0.05	0.53	0.97	0.15	0.44	0.57	0.25	0.27	0.7	0.4	0.98	0.81	-0.3	-0.58	0.98	0.65	0.73
Other Current Liab	0.31	0.37		0.39	0.29	0.52	-0.58	0.38	0.05	0.1	0.05	0.3	0.31	0.32	0.05	-0.47	0.24	0.58	0.69	0.29	0.28	0.49	-0.54	0.3	0.53	0.42
Total Current Liabilities	0.63	0.67	0.39		0.45	0.56	-0.59	0.67	0.32	-0.46	0.35	0.63	0.53	0.65	0.51	0.24	0.76	0.5	0.34	0.66	0.85	-0.4	-0.54	0.7	0.79	0.95
Total Stockholder Equity	0.94	0.88	0.29	0.45		0.87	-0.57	0.87	0.81	-0.03	0.56	0.93	0.29	0.55	0.56	0.33	0.04	0.7	0.3	0.87	0.71	-0.27	-0.48	0.87	0.59	0.55
Property Plant And Equipment Net	0.89	0.9	0.52	0.56	0.87		-0.68	0.88	0.53	0.0	0.65	0.92	0.32	0.5	0.63	0.0	0.27	0.86	0.63	0.88	0.68	-0.12	-0.73	0.87	0.73	0.58
Current Deferred Revenue	-0.64	-0.6	-0.58	-0.59	-0.57	-0.68		-0.58	-0.21	0.35	-0.47	-0.66	-0.41	-0.62	-0.55	0.15	-0.44	-0.56	-0.28	-0.65	-0.72	0.23	0.37	-0.65	-0.69	-0.57
Net Debt	0.97	1.0	0.38	0.67	0.87	0.88	-0.58		0.58	-0.04	0.47	0.96	0.14	0.43	0.51	0.25	0.25	0.7	0.4	0.98	0.8	-0.28	-0.58	0.98	0.65	0.73
Retained Earnings	0.66	0.6	0.05	0.32	0.81	0.53	-0.21	0.58		0.05	0.5	0.65	0.33	0.52	0.49	0.49	0.09	0.37	0.13	0.54	0.48	-0.29	-0.31	0.54	0.36	0.44
Accounts Payable	-0.12	-0.05	0.1	-0.46	-0.03	0.0	0.35	-0.04	0.05		-0.06	-0.12	-0.49	-0.56	-0.24	-0.1	-0.48	-0.08	0.21	-0.13	-0.45	0.65	0.05	-0.16	-0.47	-0.35
Cash	0.56	0.53	0.05	0.35	0.56	0.65	-0.47	0.47	0.5	-0.06		0.62	0.19	0.35	0.97	0.14	0.44	0.33	0.21	0.57	0.45	-0.36	-0.32	0.54	0.35	0.33
Non Current Assets Total	0.99	0.97	0.3	0.63	0.93	0.92	-0.66	0.96	0.65	-0.12	0.62		0.23	0.52	0.65	0.3	0.26	0.7	0.33	0.98	0.84	-0.39	-0.53	0.98	0.67	0.68
Non Currrent Assets Other	0.22	0.15	0.31	0.53	0.29	0.32	-0.41	0.14	0.33	-0.49	0.19	0.23		0.87	0.28	0.09	0.55	0.41	0.32	0.15	0.48	-0.19	-0.41	0.17	0.77	0.5
Other Assets	0.52	0.44	0.32	0.65	0.55	0.5	-0.62	0.43	0.52	-0.56	0.35	0.52	0.87		0.47	0.16	0.56	0.44	0.2	0.46	0.75	-0.38	-0.36	0.47	0.85	0.65
Cash And Short Term Investments	0.6	0.57	0.05	0.51	0.56	0.63	-0.55	0.51	0.49	-0.24	0.97	0.65	0.28	0.47		0.2	0.56	0.32	0.14	0.62	0.6	-0.46	-0.31	0.6	0.43	0.49
Net Receivables	0.34	0.25	-0.47	0.24	0.33	0.0	0.15	0.25	0.49	-0.1	0.14	0.3	0.09	0.16	0.2		-0.03	-0.18	-0.48	0.31	0.39	-0.52	0.3	0.33	-0.01	0.3
Common Stock Total Equity	0.21	0.27	0.24	0.76	0.04	0.27	-0.44	0.25	0.09	-0.48	0.44	0.26	0.55	0.56	0.56	-0.03		0.14	0.25	0.28	0.56	-0.39	-0.37	0.28	0.61	0.66
Common Stock Shares Outstanding	0.69	0.7	0.58	0.5	0.7	0.86	-0.56	0.7	0.37	-0.08	0.33	0.7	0.41	0.44	0.32	-0.18	0.14		0.8	0.64	0.47	0.02	-0.89	0.65	0.74	0.47
Short Term Investments	0.3	0.4	0.69	0.34	0.3	0.63	-0.28	0.4	0.13	0.21	0.21	0.33	0.32	0.2	0.14	-0.48	0.25	0.8		0.28	0.1	0.36	-0.91	0.28	0.55	0.29
Non Current Liabilities Total	0.98	0.98	0.29	0.66	0.87	0.88	-0.65	0.98	0.54	-0.13	0.57	0.98	0.15	0.46	0.62	0.31	0.28	0.64	0.28		0.86	-0.39	-0.48	1.0	0.64	0.71
Inventory	0.84	0.81	0.28	0.85	0.71	0.68	-0.72	0.8	0.48	-0.45	0.45	0.84	0.48	0.75	0.6	0.39	0.56	0.47	0.1	0.86		-0.52	-0.33	0.87	0.78	0.88
Other Current Assets	-0.36	-0.3	0.49	-0.4	-0.27	-0.12	0.23	-0.28	-0.29	0.65	-0.36	-0.39	-0.19	-0.38	-0.46	-0.52	-0.39	0.02	0.36	-0.39	-0.52		-0.02	-0.39	-0.29	-0.27
Other Stockholder Equity	-0.5	-0.58	-0.54	-0.54	-0.48	-0.73	0.37	-0.58	-0.31	0.05	-0.32	-0.53	-0.41	-0.36	-0.31	0.3	-0.37	-0.89	-0.91	-0.48	-0.33	-0.02		-0.48	-0.7	-0.46
Total Liab	0.98	0.98	0.3	0.7	0.87	0.87	-0.65	0.98	0.54	-0.16	0.54	0.98	0.17	0.47	0.6	0.33	0.28	0.65	0.28	1.0	0.87	-0.39	-0.48		0.66	0.74
Property Plant And Equipment Gross	0.65	0.65	0.53	0.79	0.59	0.73	-0.69	0.65	0.36	-0.47	0.35	0.67	0.77	0.85	0.43	-0.01	0.61	0.74	0.55	0.64	0.78	-0.29	-0.7	0.66		0.74
Total Current Assets	0.7	0.73	0.42	0.95	0.55	0.58	-0.57	0.73	0.44	-0.35	0.33	0.68	0.5	0.65	0.49	0.3	0.66	0.47	0.29	0.71	0.88	-0.27	-0.46	0.74	0.74

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Elementis PLC Account Relationship Matchups

Elementis PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.8B	1.8B	1.6B	1.5B	1.1B
Short Long Term Debt Total	599.9M	558.7M	522.7M	453.7M	300.9M	220.4M
Other Current Liab	31.7M	85.5M	92.4M	128.3M	78.9M	96.0M
Total Current Liabilities	175.5M	193.6M	194.9M	231.3M	158.9M	244.7M
Total Stockholder Equity	906.2M	860.4M	901M	783.9M	847.3M	547.5M
Property Plant And Equipment Net	513.6M	516M	499.7M	386.4M	423.6M	331.4M
Net Debt	496M	447.7M	438.1M	398.8M	235.1M	127.4M
Retained Earnings	525.3M	462M	517.3M	450.8M	485.5M	415.6M
Accounts Payable	134.5M	71.4M	77.8M	74M	60.5M	57.5M
Cash	103.9M	111M	84.6M	54.9M	65.8M	93.0M
Non Current Assets Total	1.5B	1.4B	1.4B	1.1B	1.2B	841.0M
Non Currrent Assets Other	12.2M	(100K)	76.3M	54.6M	87.7M	92.1M
Other Assets	40.4M	34.8M	104.3M	70M	80.5M	84.5M
Cash And Short Term Investments	103.9M	111M	84.6M	65.6M	65.8M	99.3M
Net Receivables	96.6M	86.4M	110.6M	77.5M	80.1M	57.5M
Common Stock Shares Outstanding	588.5M	593.7M	588.8M	592.3M	596.9M	538.3M
Liabilities And Stockholders Equity	1.9B	1.8B	1.8B	1.6B	1.5B	1.1B
Non Current Liabilities Total	823.5M	781.6M	740.7M	611.8M	505.2M	385.6M
Inventory	168.7M	164.3M	186.1M	182M	163.3M	171.9M
Other Current Assets	23.9M	30.5M	35.6M	196M	40.3M	38.3M
Other Stockholder Equity	237.7M	237.7M	331.5M	280.8M	239.2M	227.2M
Total Liab	999M	975.2M	935.6M	843.1M	664.1M	525.2M
Property Plant And Equipment Gross	513.6M	516M	959.2M	727.6M	798.3M	838.2M
Total Current Assets	393.1M	392.2M	416.9M	510.4M	349.5M	468.5M
Short Term Debt	9.3M	13.5M	7.3M	8.8M	5.9M	5.6M
Accumulated Other Comprehensive Income	91.1M	108.6M	90.7M	42.1M	70.1M	73.6M
Intangible Assets	232.4M	224.7M	202.7M	179.3M	168.3M	167.5M
Other Liab	232.9M	233.8M	224.4M	166.9M	191.9M	140.0M
Long Term Debt	550.8M	510.6M	482.5M	414.7M	264.7M	196.3M
Good Will	725.7M	668M	613M	480.9M	482.3M	397.6M
Property Plant Equipment	513.6M	516M	499.7M	386.4M	444.4M	260.5M
Net Tangible Assets	(51.9M)	(32.2M)	85.3M	123.7M	111.3M	83.2M
Non Current Liabilities Other	40.2M	13M	13.4M	1.9B	2.2B	2.3B
Net Invested Capital	1.5B	1.4B	1.4B	1.2B	1.1B	1.0B

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Other Information on Investing in Elementis Stock

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

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Elementis Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Elementis PLC fundamental ratios Correlations

Elementis PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elementis PLC fundamental ratios Accounts

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Other Information on Investing in Elementis Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Other Stockholder Equity	- 0.91	Short Term Investments
Other Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.73	Property Plant And Equipment Net
Inventory	- 0.72	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.7	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.69	Current Deferred Revenue