Emergent Price To Sales Ratio vs Capex To Depreciation Analysis

EMR Stock  CAD 0.11  0.01  10.00%   
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 Price To Sales Ratio and its Capex To Depreciation 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.

Price To Sales Ratio vs Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emergent Metals Corp Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Emergent Metals' Price To Sales Ratio and Capex To Depreciation is -0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation 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' Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Emergent Metals Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Emergent Metals' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Emergent Metals Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Emergent Metals sales, a figure that is much harder to manipulate than other Emergent Metals Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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
Click cells to compare fundamentals

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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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.