Emergent Non Current Liabilities Total vs Other Current Assets Analysis

EMR Stock  CAD 0.1  0.01  13.64%   
Emergent Metals financial indicator trend analysis is much more than just examining Emergent Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emergent Metals Corp is a good investment. Please check the relationship between Emergent Metals Non Current Liabilities Total and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emergent Metals Corp. 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 Other Current Assets

Non Current Liabilities Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emergent Metals Corp Non Current Liabilities Total account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Emergent Metals' Non Current Liabilities Total and Other Current Assets is 0.28. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Emergent Metals Corp, assuming nothing else is changed. The correlation between historical values of Emergent Metals' Non Current Liabilities Total and Other Current Assets 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 Emergent Metals Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Emergent Metals' Non Current Liabilities Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Emergent Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emergent Metals Corp 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 Emergent Metals Corp. 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 drop to 350.34 in 2024. Issuance Of Capital Stock is likely to drop to about 371.2 K in 2024

Emergent Metals fundamental ratios Correlations

0.490.610.850.8-0.530.20.320.60.790.660.650.38-0.710.38-0.690.610.70.250.030.04-0.640.20.750.730.82
0.490.780.120.17-0.71-0.310.030.70.20.510.580.19-0.16-0.18-0.070.760.57-0.410.34-0.220.01-0.380.790.150.49
0.610.780.170.32-0.54-0.480.440.580.340.550.780.52-0.43-0.31-0.450.930.62-0.30.3-0.4-0.18-0.250.780.540.73
0.850.120.170.84-0.190.610.00.250.830.430.240.08-0.610.73-0.590.120.440.58-0.110.1-0.580.470.470.620.56
0.80.170.320.84-0.320.50.230.260.990.120.380.34-0.830.65-0.550.260.160.2-0.050.05-0.450.070.330.590.43
-0.53-0.71-0.54-0.19-0.320.17-0.27-0.95-0.32-0.44-0.7-0.240.290.070.06-0.75-0.50.45-0.12-0.430.30.47-0.55-0.12-0.38
0.2-0.31-0.480.610.50.17-0.46-0.210.5-0.18-0.35-0.41-0.130.970.01-0.52-0.20.61-0.20.35-0.190.46-0.18-0.01-0.24
0.320.030.440.00.23-0.27-0.460.270.20.10.570.88-0.6-0.33-0.520.550.14-0.260.04-0.01-0.38-0.230.070.420.37
0.60.70.580.250.26-0.95-0.210.270.260.660.720.21-0.22-0.11-0.190.790.7-0.250.070.42-0.42-0.230.660.260.53
0.790.20.340.830.99-0.320.50.20.260.10.370.33-0.830.66-0.560.260.150.20.050.02-0.430.060.340.60.41
0.660.510.550.430.12-0.44-0.180.10.660.10.550.02-0.04-0.1-0.360.620.990.29-0.020.09-0.490.360.810.440.82
0.650.580.780.240.38-0.7-0.350.570.720.370.550.44-0.49-0.19-0.440.890.63-0.290.020.08-0.46-0.280.680.50.67
0.380.190.520.080.34-0.24-0.410.880.210.330.020.44-0.75-0.23-0.630.530.07-0.260.18-0.25-0.32-0.250.170.520.4
-0.71-0.16-0.43-0.61-0.830.29-0.13-0.6-0.22-0.83-0.04-0.49-0.75-0.340.76-0.39-0.1-0.02-0.090.10.560.08-0.29-0.72-0.45
0.38-0.18-0.310.730.650.070.97-0.33-0.110.66-0.1-0.19-0.23-0.34-0.19-0.37-0.110.61-0.160.28-0.320.45-0.030.19-0.09
-0.69-0.07-0.45-0.59-0.550.060.01-0.52-0.19-0.56-0.36-0.44-0.630.76-0.19-0.37-0.39-0.420.030.240.66-0.41-0.48-0.97-0.66
0.610.760.930.120.26-0.75-0.520.550.790.260.620.890.53-0.39-0.37-0.370.69-0.380.24-0.06-0.32-0.330.740.440.7
0.70.570.620.440.16-0.5-0.20.140.70.150.990.630.07-0.1-0.11-0.390.690.220.00.07-0.490.280.860.480.85
0.25-0.41-0.30.580.20.450.61-0.26-0.250.20.29-0.29-0.26-0.020.61-0.42-0.380.22-0.270.06-0.40.980.050.410.17
0.030.340.3-0.11-0.05-0.12-0.20.040.070.05-0.020.020.18-0.09-0.160.030.240.0-0.27-0.220.25-0.260.12-0.010.01
0.04-0.22-0.40.10.05-0.430.35-0.010.420.020.090.08-0.250.10.280.24-0.060.070.06-0.22-0.380.01-0.21-0.26-0.2
-0.640.01-0.18-0.58-0.450.3-0.19-0.38-0.42-0.43-0.49-0.46-0.320.56-0.320.66-0.32-0.49-0.40.25-0.38-0.36-0.35-0.64-0.47
0.2-0.38-0.250.470.070.470.46-0.23-0.230.060.36-0.28-0.250.080.45-0.41-0.330.280.98-0.260.01-0.360.070.410.21
0.750.790.780.470.33-0.55-0.180.070.660.340.810.680.17-0.29-0.03-0.480.740.860.050.12-0.21-0.350.070.560.85
0.730.150.540.620.59-0.12-0.010.420.260.60.440.50.52-0.720.19-0.970.440.480.41-0.01-0.26-0.640.410.560.71
0.820.490.730.560.43-0.38-0.240.370.530.410.820.670.4-0.45-0.09-0.660.70.850.170.01-0.2-0.470.210.850.71
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Emergent Metals Account Relationship Matchups

Emergent Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M5.4M3.7M4.0M2.9M2.9M
Other Current Liab531.5K2.4M438.7K1.5M335.2K612.3K
Total Current Liabilities1.5M2.8M1.3M2.6M1.9M1.0M
Total Stockholder Equity1.7M2.6M2.3M1.3M986.5K1.2M
Property Plant And Equipment Net2.2M2.7M3.0M2.6M2.6M1.6M
Net Debt(113.2K)(1.2M)(325.3K)(671.3K)(197.9K)(207.8K)
Retained Earnings(53.7M)(54.1M)(54.8M)(56.4M)(57.2M)(60.1M)
Accounts Payable550.9K361.1K813.7K1.0M1.3M1.4M
Cash160.4K1.2M357.3K688.1K224.5K213.3K
Non Current Assets Total2.2M2.9M3.1M2.7M2.6M1.6M
Cash And Short Term Investments676.5K2.0M441.6K910.3K224.5K213.3K
Net Receivables162.3K167.9K65.9K185.9K88K78.4K
Common Stock Shares Outstanding4.7M8.8M13.1M17.9M27.8M29.2M
Liabilities And Stockholders Equity3.2M5.4M3.7M4.0M2.9M2.9M
Other Current Assets322.95551.46103.78328.74(246.0)(233.7)
Other Stockholder Equity8.1M8.8M8.8M8.9M(0.31)(0.29)
Total Liab1.5M2.8M1.3M2.6M1.9M1.3M
Total Current Assets999.5K2.5M545.4K1.2M357.3K339.4K
Accumulated Other Comprehensive Income8.2K8.8K8.8K8.9K9.1M9.5M
Short Long Term Debt Total47.2K7.1K32.1K16.8K26.6K25.3K
Other Assets21.4K22.5K161.8K120.8K139.0K75.7K
Non Currrent Assets Other22.5K161.8K125.0K120.8K139.0K88.7K
Short Term Debt21.3K7.1K15.3K16.8K26.6K25.3K
Inventory160.4K383.0K37.8K142.5K45.0K42.8K
Common Stock47.3M47.9M48.3M48.8M49.1M33.9M
Net Tangible Assets2.3M1.7M2.6M1.3M1.5M1.2M
Property Plant Equipment1.1M2.2M2.7M2.6M3.0M1.6M
Net Invested Capital1.7M2.6M3.0M1.3M1.0M1.9M
Net Working Capital(498.1K)(246.9K)(985.0K)(1.4M)(1.6M)(1.5M)
Capital Stock61.7M61.0M61.6M48.8M49.1M45.9M

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