Emergent Other Current Assets vs Property Plant And Equipment Net 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 Other Current Assets and its Property Plant And Equipment Net 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.

Other Current Assets vs Property Plant And Equipment Net

Other Current Assets 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 Emergent Metals Corp Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between Emergent Metals' Other Current Assets and Property Plant And Equipment Net is 0.65. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net 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' Other Current Assets 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 Other Current Assets of Emergent Metals Corp 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 Other Current Assets i.e., Emergent Metals' Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

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 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Assets	Non Current Liabilities Total	Non Currrent Assets Other	Short Term Debt	Inventory	Common Stock	Net Tangible Assets
Total Assets		0.49	0.61	0.85	0.8	-0.53	0.2	0.32	0.6	0.79	0.66	0.65	0.38	-0.71	0.38	-0.69	0.61	0.7	0.25	0.03	0.04	-0.64	0.2	0.75	0.73	0.82
Other Current Liab	0.49		0.78	0.12	0.17	-0.71	-0.31	0.03	0.7	0.2	0.51	0.58	0.19	-0.16	-0.18	-0.07	0.76	0.57	-0.41	0.34	-0.22	0.01	-0.38	0.79	0.15	0.49
Total Current Liabilities	0.61	0.78		0.17	0.32	-0.54	-0.48	0.44	0.58	0.34	0.55	0.78	0.52	-0.43	-0.31	-0.45	0.93	0.62	-0.3	0.3	-0.4	-0.18	-0.25	0.78	0.54	0.73
Total Stockholder Equity	0.85	0.12	0.17		0.84	-0.19	0.61	0.0	0.25	0.83	0.43	0.24	0.08	-0.61	0.73	-0.59	0.12	0.44	0.58	-0.11	0.1	-0.58	0.47	0.47	0.62	0.56
Property Plant And Equipment Net	0.8	0.17	0.32	0.84		-0.32	0.5	0.23	0.26	0.99	0.12	0.38	0.34	-0.83	0.65	-0.55	0.26	0.16	0.2	-0.05	0.05	-0.45	0.07	0.33	0.59	0.43
Net Debt	-0.53	-0.71	-0.54	-0.19	-0.32		0.17	-0.27	-0.95	-0.32	-0.44	-0.7	-0.24	0.29	0.07	0.06	-0.75	-0.5	0.45	-0.12	-0.43	0.3	0.47	-0.55	-0.12	-0.38
Retained Earnings	0.2	-0.31	-0.48	0.61	0.5	0.17		-0.46	-0.21	0.5	-0.18	-0.35	-0.41	-0.13	0.97	0.01	-0.52	-0.2	0.61	-0.2	0.35	-0.19	0.46	-0.18	-0.01	-0.24
Accounts Payable	0.32	0.03	0.44	0.0	0.23	-0.27	-0.46		0.27	0.2	0.1	0.57	0.88	-0.6	-0.33	-0.52	0.55	0.14	-0.26	0.04	-0.01	-0.38	-0.23	0.07	0.42	0.37
Cash	0.6	0.7	0.58	0.25	0.26	-0.95	-0.21	0.27		0.26	0.66	0.72	0.21	-0.22	-0.11	-0.19	0.79	0.7	-0.25	0.07	0.42	-0.42	-0.23	0.66	0.26	0.53
Non Current Assets Total	0.79	0.2	0.34	0.83	0.99	-0.32	0.5	0.2	0.26		0.1	0.37	0.33	-0.83	0.66	-0.56	0.26	0.15	0.2	0.05	0.02	-0.43	0.06	0.34	0.6	0.41
Cash And Short Term Investments	0.66	0.51	0.55	0.43	0.12	-0.44	-0.18	0.1	0.66	0.1		0.55	0.02	-0.04	-0.1	-0.36	0.62	0.99	0.29	-0.02	0.09	-0.49	0.36	0.81	0.44	0.82
Net Receivables	0.65	0.58	0.78	0.24	0.38	-0.7	-0.35	0.57	0.72	0.37	0.55		0.44	-0.49	-0.19	-0.44	0.89	0.63	-0.29	0.02	0.08	-0.46	-0.28	0.68	0.5	0.67
Common Stock Shares Outstanding	0.38	0.19	0.52	0.08	0.34	-0.24	-0.41	0.88	0.21	0.33	0.02	0.44		-0.75	-0.23	-0.63	0.53	0.07	-0.26	0.18	-0.25	-0.32	-0.25	0.17	0.52	0.4
Short Term Investments	-0.71	-0.16	-0.43	-0.61	-0.83	0.29	-0.13	-0.6	-0.22	-0.83	-0.04	-0.49	-0.75		-0.34	0.76	-0.39	-0.1	-0.02	-0.09	0.1	0.56	0.08	-0.29	-0.72	-0.45
Other Current Assets	0.38	-0.18	-0.31	0.73	0.65	0.07	0.97	-0.33	-0.11	0.66	-0.1	-0.19	-0.23	-0.34		-0.19	-0.37	-0.11	0.61	-0.16	0.28	-0.32	0.45	-0.03	0.19	-0.09
Other Stockholder Equity	-0.69	-0.07	-0.45	-0.59	-0.55	0.06	0.01	-0.52	-0.19	-0.56	-0.36	-0.44	-0.63	0.76	-0.19		-0.37	-0.39	-0.42	0.03	0.24	0.66	-0.41	-0.48	-0.97	-0.66
Total Liab	0.61	0.76	0.93	0.12	0.26	-0.75	-0.52	0.55	0.79	0.26	0.62	0.89	0.53	-0.39	-0.37	-0.37		0.69	-0.38	0.24	-0.06	-0.32	-0.33	0.74	0.44	0.7
Total Current Assets	0.7	0.57	0.62	0.44	0.16	-0.5	-0.2	0.14	0.7	0.15	0.99	0.63	0.07	-0.1	-0.11	-0.39	0.69		0.22	0.0	0.07	-0.49	0.28	0.86	0.48	0.85
Short Long Term Debt Total	0.25	-0.41	-0.3	0.58	0.2	0.45	0.61	-0.26	-0.25	0.2	0.29	-0.29	-0.26	-0.02	0.61	-0.42	-0.38	0.22		-0.27	0.06	-0.4	0.98	0.05	0.41	0.17
Other Assets	0.03	0.34	0.3	-0.11	-0.05	-0.12	-0.2	0.04	0.07	0.05	-0.02	0.02	0.18	-0.09	-0.16	0.03	0.24	0.0	-0.27		-0.22	0.25	-0.26	0.12	-0.01	0.01
Non Current Liabilities Total	0.04	-0.22	-0.4	0.1	0.05	-0.43	0.35	-0.01	0.42	0.02	0.09	0.08	-0.25	0.1	0.28	0.24	-0.06	0.07	0.06	-0.22		-0.38	0.01	-0.21	-0.26	-0.2
Non Currrent Assets Other	-0.64	0.01	-0.18	-0.58	-0.45	0.3	-0.19	-0.38	-0.42	-0.43	-0.49	-0.46	-0.32	0.56	-0.32	0.66	-0.32	-0.49	-0.4	0.25	-0.38		-0.36	-0.35	-0.64	-0.47
Short Term Debt	0.2	-0.38	-0.25	0.47	0.07	0.47	0.46	-0.23	-0.23	0.06	0.36	-0.28	-0.25	0.08	0.45	-0.41	-0.33	0.28	0.98	-0.26	0.01	-0.36		0.07	0.41	0.21
Inventory	0.75	0.79	0.78	0.47	0.33	-0.55	-0.18	0.07	0.66	0.34	0.81	0.68	0.17	-0.29	-0.03	-0.48	0.74	0.86	0.05	0.12	-0.21	-0.35	0.07		0.56	0.85
Common Stock	0.73	0.15	0.54	0.62	0.59	-0.12	-0.01	0.42	0.26	0.6	0.44	0.5	0.52	-0.72	0.19	-0.97	0.44	0.48	0.41	-0.01	-0.26	-0.64	0.41	0.56		0.71
Net Tangible Assets	0.82	0.49	0.73	0.56	0.43	-0.38	-0.24	0.37	0.53	0.41	0.82	0.67	0.4	-0.45	-0.09	-0.66	0.7	0.85	0.17	0.01	-0.2	-0.47	0.21	0.85	0.71

Click cells to compare fundamentals

Emergent Metals Account Relationship Matchups

Emergent Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2M	5.4M	3.7M	4.0M	2.9M	2.9M
Other Current Liab	531.5K	2.4M	438.7K	1.5M	335.2K	612.3K
Total Current Liabilities	1.5M	2.8M	1.3M	2.6M	1.9M	1.0M
Total Stockholder Equity	1.7M	2.6M	2.3M	1.3M	986.5K	1.2M
Property Plant And Equipment Net	2.2M	2.7M	3.0M	2.6M	2.6M	1.6M
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 Payable	550.9K	361.1K	813.7K	1.0M	1.3M	1.4M
Cash	160.4K	1.2M	357.3K	688.1K	224.5K	213.3K
Non Current Assets Total	2.2M	2.9M	3.1M	2.7M	2.6M	1.6M
Cash And Short Term Investments	676.5K	2.0M	441.6K	910.3K	224.5K	213.3K
Net Receivables	162.3K	167.9K	65.9K	185.9K	88K	78.4K
Common Stock Shares Outstanding	4.7M	8.8M	13.1M	17.9M	27.8M	29.2M
Liabilities And Stockholders Equity	3.2M	5.4M	3.7M	4.0M	2.9M	2.9M
Other Current Assets	322.95	551.46	103.78	328.74	(246.0)	(233.7)
Other Stockholder Equity	8.1M	8.8M	8.8M	8.9M	(0.31)	(0.29)
Total Liab	1.5M	2.8M	1.3M	2.6M	1.9M	1.3M
Total Current Assets	999.5K	2.5M	545.4K	1.2M	357.3K	339.4K
Accumulated Other Comprehensive Income	8.2K	8.8K	8.8K	8.9K	9.1M	9.5M
Short Long Term Debt Total	47.2K	7.1K	32.1K	16.8K	26.6K	25.3K
Other Assets	21.4K	22.5K	161.8K	120.8K	139.0K	75.7K
Non Currrent Assets Other	22.5K	161.8K	125.0K	120.8K	139.0K	88.7K
Short Term Debt	21.3K	7.1K	15.3K	16.8K	26.6K	25.3K
Inventory	160.4K	383.0K	37.8K	142.5K	45.0K	42.8K
Common Stock	47.3M	47.9M	48.3M	48.8M	49.1M	33.9M
Net Tangible Assets	2.3M	1.7M	2.6M	1.3M	1.5M	1.2M
Property Plant Equipment	1.1M	2.2M	2.7M	2.6M	3.0M	1.6M
Net Invested Capital	1.7M	2.6M	3.0M	1.3M	1.0M	1.9M
Net Working Capital	(498.1K)	(246.9K)	(985.0K)	(1.4M)	(1.6M)	(1.5M)
Capital Stock	61.7M	61.0M	61.6M	48.8M	49.1M	45.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Emergent Stock Analysis

When running Emergent Metals' price analysis, check to measure Emergent Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Emergent Metals is operating at the current time. Most of Emergent Metals' value examination focuses on studying past and present price action to predict the probability of Emergent Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emergent Metals' price. Additionally, you may evaluate how the addition of Emergent Metals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC