Emergent Retained Earnings vs Other Current Liab 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 Retained Earnings and its Other Current Liab 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.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emergent Metals Corp Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Emergent Metals' Retained Earnings and Other Current Liab is -0.31. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab 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' Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Emergent Metals Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Emergent Metals' Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Other Current Liab

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

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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

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