European Total Current Liabilities vs Depreciation And Amortization Analysis

EMH Stock   7.83  0.33  4.40%   
European Metals financial indicator trend analysis is much more than just examining European Metals Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Metals Holdings is a good investment. Please check the relationship between European Metals Total Current Liabilities and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Metals Holdings. 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.

Total Current Liabilities vs Depreciation And Amortization

Total Current Liabilities vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Metals Holdings Total Current Liabilities account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between European Metals' Total Current Liabilities and Depreciation And Amortization is 0.56. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of European Metals Holdings, assuming nothing else is changed. The correlation between historical values of European Metals' Total Current Liabilities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of European Metals Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., European Metals' Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on European Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of European Metals Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from European Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Metals Holdings 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 European Metals Holdings. 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, European Metals' Discontinued Operations is projected to increase significantly based on the last few years of reporting.

European Metals fundamental ratios Correlations

0.130.580.711.0-0.32-0.73-0.970.650.720.920.910.710.970.850.550.840.760.75-0.28-0.440.99-0.56-0.230.990.52
0.130.390.190.13-0.040.06-0.15-0.07-0.050.270.26-0.050.170.160.3-0.060.21-0.160.3-0.70.18-0.250.140.190.03
0.580.390.490.58-0.29-0.06-0.580.230.040.780.760.040.580.420.120.250.490.01-0.09-0.290.64-0.75-0.240.630.03
0.710.190.490.7-0.52-0.68-0.630.920.690.570.610.680.610.590.650.730.990.690.03-0.430.63-0.13-0.420.680.55
1.00.130.580.7-0.31-0.73-0.980.640.710.930.910.710.970.850.550.840.750.75-0.29-0.440.99-0.57-0.220.990.51
-0.32-0.04-0.29-0.52-0.310.330.17-0.38-0.33-0.22-0.39-0.34-0.150.06-0.51-0.18-0.54-0.36-0.5-0.04-0.260.260.93-0.35-0.1
-0.730.06-0.06-0.68-0.730.330.64-0.78-1.0-0.44-0.47-1.0-0.64-0.59-0.84-0.7-0.71-0.950.110.28-0.650.090.24-0.68-0.85
-0.97-0.15-0.58-0.63-0.980.170.64-0.56-0.62-0.93-0.9-0.62-0.97-0.88-0.44-0.86-0.68-0.680.320.47-0.980.550.11-0.97-0.43
0.65-0.070.230.920.64-0.38-0.78-0.560.780.410.430.770.530.530.630.750.90.81-0.04-0.350.540.01-0.290.590.68
0.72-0.050.040.690.71-0.33-1.0-0.620.780.430.451.00.620.580.850.70.710.95-0.1-0.280.64-0.06-0.240.670.85
0.920.270.780.570.93-0.22-0.44-0.930.410.430.960.420.950.810.330.660.610.44-0.34-0.440.96-0.74-0.160.940.29
0.910.260.760.610.91-0.39-0.47-0.90.430.450.960.450.910.730.410.670.650.47-0.19-0.40.93-0.71-0.330.930.28
0.71-0.050.040.680.71-0.34-1.0-0.620.771.00.420.450.620.580.840.70.70.95-0.09-0.280.63-0.06-0.240.660.85
0.970.170.580.610.97-0.15-0.64-0.970.530.620.950.910.620.910.430.810.660.63-0.45-0.480.97-0.55-0.070.950.44
0.850.160.420.590.850.06-0.59-0.880.530.580.810.730.580.910.350.830.640.59-0.59-0.450.83-0.230.130.80.43
0.550.30.120.650.55-0.51-0.84-0.440.630.850.330.410.840.430.350.420.680.740.28-0.290.5-0.14-0.390.560.77
0.84-0.060.250.730.84-0.18-0.7-0.860.750.70.660.670.70.810.830.420.760.82-0.28-0.450.77-0.1-0.120.780.45
0.760.210.490.990.75-0.54-0.71-0.680.90.710.610.650.70.660.640.680.760.720.02-0.430.68-0.16-0.440.730.54
0.75-0.160.010.690.75-0.36-0.95-0.680.810.950.440.470.950.630.590.740.820.72-0.06-0.290.66-0.04-0.270.70.71
-0.280.3-0.090.03-0.29-0.50.110.32-0.04-0.1-0.34-0.19-0.09-0.45-0.590.28-0.280.02-0.06-0.01-0.290.0-0.5-0.21-0.07
-0.44-0.7-0.29-0.43-0.44-0.040.280.47-0.35-0.28-0.44-0.4-0.28-0.48-0.45-0.29-0.45-0.43-0.29-0.01-0.430.18-0.29-0.45-0.25
0.990.180.640.630.99-0.26-0.65-0.980.540.640.960.930.630.970.830.50.770.680.66-0.29-0.43-0.66-0.180.990.46
-0.56-0.25-0.75-0.13-0.570.260.090.550.01-0.06-0.74-0.71-0.06-0.55-0.23-0.14-0.1-0.16-0.040.00.18-0.660.22-0.65-0.05
-0.230.14-0.24-0.42-0.220.930.240.11-0.29-0.24-0.16-0.33-0.24-0.070.13-0.39-0.12-0.44-0.27-0.5-0.29-0.180.22-0.26-0.06
0.990.190.630.680.99-0.35-0.68-0.970.590.670.940.930.660.950.80.560.780.730.7-0.21-0.450.99-0.65-0.260.48
0.520.030.030.550.51-0.1-0.85-0.430.680.850.290.280.850.440.430.770.450.540.71-0.07-0.250.46-0.05-0.060.48
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European Metals Account Relationship Matchups

European Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0M25.9M37.0M37.3M37.3M39.2M
Other Current Liab407.1K18.4K147.0K88.1K432.3K453.9K
Total Current Liabilities979.2K545.7K1.1M876.3K716.6K549.3K
Total Stockholder Equity18.1M25.3M35.8M36.3M36.5M38.3M
Property Plant And Equipment Net869.0136.1K87.9K42.9K171.4K162.9K
Net Debt(59.0K)(7.8M)(19.0M)(8.9M)(4.6M)(4.8M)
Retained Earnings(13.6M)(17.6M)(24.4M)(30.3M)(30.1M)(28.6M)
Accounts Payable572.1K295.6K939.8K747.5K238.4K353.9K
Cash59.0K7.9M19.1M8.9M4.7M4.1M
Non Current Assets Total19.0M17.6M17.1M19.7M32.2M33.8M
Non Currrent Assets Other19.0M17.5M17.0M19.7M32.0M33.6M
Cash And Short Term Investments59.0K7.9M19.1M8.9M4.7M4.2M
Common Stock Total Equity20.4M22.1M24.0M34.1M39.2M41.2M
Common Stock Shares Outstanding151.0M166.0M179.8M186.0M213.9M122.0M
Liabilities And Stockholders Equity19.0M25.9M37.0M37.3M37.3M39.2M
Other Current Assets5.1K390.2K835.6K235.4K429.2K217.3K
Other Stockholder Equity7.7M8.8M12.3M18.7M7.7M6.1M
Total Liab979.2K637.5K1.2M960.4K835.2K577.6K
Total Current Assets81.3K8.3M19.9M17.5M5.2M5.1M
Common Stock22.1M24.0M34.1M47.9M58.9M61.8M
Property Plant And Equipment Gross12.1M869.0136.1K139.0K125.1K118.9K
Net Tangible Assets18.1M25.3M35.8M36.3M41.8M43.8M
Net Receivables17.3K133.6K782.5K94.8K109.0K164.9K
Property Plant Equipment869.0136.1K87.9K42.9K38.6K36.7K
Non Current Liabilities Total572.1K91.9K40.8K84.1K118.6K117.5K
Net Invested Capital18.1M25.3M35.8M36.3M41.8M23.7M
Net Working Capital(897.9K)7.7M18.8M16.7M19.2M20.1M

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Other Information on Investing in European Stock

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