Emetals Common Stock Total Equity vs Total Current Liabilities Analysis

EMT Stock   0.01  0.00  0.00%   
Emetals financial indicator trend analysis is much more than just examining Emetals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emetals is a good investment. Please check the relationship between Emetals Common Stock Total Equity and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emetals. 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.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emetals Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Emetals' Common Stock Total Equity and Total Current Liabilities is -0.29. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Emetals, assuming nothing else is changed. The correlation between historical values of Emetals' Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Emetals are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Emetals' Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Emetals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Emetals 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.
Most indicators from Emetals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emetals 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 Emetals. 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 about 387 K in 2024. Discontinued Operations is likely to drop to about (943.9 K) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue21.3K1.2M1.4M1.5M
Interest Income2.0K9.8K8.9K11.0K

Emetals fundamental ratios Correlations

-0.19-0.261.00.5-0.82-0.380.310.850.50.950.020.580.66-0.27-0.260.50.950.74-0.03-0.120.190.550.71-0.17-0.78
-0.190.8-0.230.030.350.39-0.25-0.330.16-0.290.11-0.39-0.310.390.80.03-0.28-0.38-0.420.1-0.13-0.36-0.20.120.17
-0.260.8-0.3-0.240.460.32-0.09-0.39-0.06-0.290.06-0.29-0.350.661.0-0.25-0.27-0.33-0.30.25-0.25-0.36-0.280.280.08
1.0-0.23-0.30.5-0.83-0.390.320.850.490.950.010.590.66-0.28-0.30.50.950.74-0.02-0.120.20.550.71-0.18-0.78
0.50.03-0.240.5-0.32-0.140.390.290.950.240.420.210.25-0.35-0.241.00.220.310.19-0.120.140.650.330.1-0.09
-0.820.350.46-0.83-0.320.62-0.16-0.96-0.24-0.85-0.05-0.64-0.770.310.46-0.32-0.84-0.78-0.090.41-0.43-0.53-0.80.260.44
-0.380.390.32-0.39-0.140.62-0.22-0.550.0-0.44-0.37-0.86-0.760.00.32-0.15-0.44-0.85-0.380.55-0.57-0.77-0.680.020.11
0.31-0.25-0.090.320.39-0.16-0.220.230.510.170.670.46-0.070.17-0.090.380.170.330.620.37-0.370.49-0.090.68-0.16
0.85-0.33-0.390.850.29-0.96-0.550.230.230.880.030.690.66-0.28-0.390.290.880.810.15-0.190.340.490.69-0.21-0.48
0.50.16-0.060.490.95-0.240.00.510.230.210.430.110.12-0.16-0.060.950.20.190.130.01-0.060.550.230.21-0.14
0.95-0.29-0.290.950.24-0.85-0.440.170.880.21-0.130.620.7-0.28-0.290.241.00.76-0.06-0.140.240.430.72-0.28-0.83
0.020.110.060.010.42-0.05-0.370.670.030.43-0.130.390.030.110.060.42-0.130.260.5-0.02-0.010.44-0.020.690.24
0.58-0.39-0.290.590.21-0.64-0.860.460.690.110.620.390.62-0.02-0.290.210.620.950.48-0.140.360.750.540.17-0.34
0.66-0.31-0.350.660.25-0.77-0.76-0.070.660.120.70.030.62-0.21-0.350.260.70.77-0.18-0.760.760.590.97-0.33-0.43
-0.270.390.66-0.28-0.350.310.00.17-0.28-0.16-0.280.11-0.02-0.210.66-0.35-0.25-0.11-0.130.1-0.14-0.13-0.140.420.18
-0.260.81.0-0.3-0.240.460.32-0.09-0.39-0.06-0.290.06-0.29-0.350.66-0.25-0.27-0.33-0.30.25-0.25-0.36-0.280.280.08
0.50.03-0.250.51.0-0.32-0.150.380.290.950.240.420.210.26-0.35-0.250.220.310.18-0.150.150.650.340.1-0.09
0.95-0.28-0.270.950.22-0.84-0.440.170.880.21.0-0.130.620.7-0.25-0.270.220.76-0.08-0.140.240.420.72-0.27-0.83
0.74-0.38-0.330.740.31-0.78-0.850.330.810.190.760.260.950.77-0.11-0.330.310.760.28-0.280.50.760.74-0.07-0.44
-0.03-0.42-0.3-0.020.19-0.09-0.380.620.150.13-0.060.50.48-0.18-0.13-0.30.18-0.080.280.33-0.340.53-0.270.40.18
-0.120.10.25-0.12-0.120.410.550.37-0.190.01-0.14-0.02-0.14-0.760.10.25-0.15-0.14-0.280.33-0.8-0.3-0.750.32-0.11
0.19-0.13-0.250.20.14-0.43-0.57-0.370.34-0.060.24-0.010.360.76-0.14-0.250.150.240.5-0.34-0.80.30.75-0.320.11
0.55-0.36-0.360.550.65-0.53-0.770.490.490.550.430.440.750.59-0.13-0.360.650.420.760.53-0.30.30.560.11-0.21
0.71-0.2-0.280.710.33-0.8-0.68-0.090.690.230.72-0.020.540.97-0.14-0.280.340.720.74-0.27-0.750.750.56-0.35-0.42
-0.170.120.28-0.180.10.260.020.68-0.210.21-0.280.690.17-0.330.420.280.1-0.27-0.070.40.32-0.320.11-0.350.19
-0.780.170.08-0.78-0.090.440.11-0.16-0.48-0.14-0.830.24-0.34-0.430.180.08-0.09-0.83-0.440.18-0.110.11-0.21-0.420.19
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Emetals Account Relationship Matchups

Emetals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9M3.9M7.1M11.0M5.3M3.6M
Total Current Liabilities189.5K133.8K34.3K90.2K43.3K41.2K
Total Stockholder Equity3.7M3.7M7.0M10.9M5.2M3.5M
Net Debt(3.0M)(686.4K)(4.5M)(4.2M)(3.6M)(3.4M)
Retained Earnings(11.4M)(12.3M)(14.2M)(10.4M)(16.2M)(15.3M)
Cash3.0M686.4K4.5M4.2M3.6M1.9M
Non Current Assets Total664.1K2.8M2.2M1.3M664.6K1.0M
Cash And Short Term Investments3.0M982.7K4.8M9.7M4.6M2.4M
Liabilities And Stockholders Equity3.9M3.9M7.1M11.0M5.3M3.6M
Other Current Assets249.3K160.4K73.6K14.2K40.6K77.5K
Total Liab189.5K133.8K34.3K90.2K43.3K41.2K
Total Current Assets3.2M1.1M4.9M9.7M4.6M2.6M
Net Tangible Assets3.7M3.7M7.0M10.9M12.5M13.2M
Non Currrent Assets Other237K(114.6K)(88.9K)(1.0)664.6K697.9K
Inventory(185.2K)(369.9K)(316.0K)(5.5M)(40.6K)(42.7K)
Net Invested Capital3.7M3.7M7.0M10.9M12.5M13.2M
Cash And Equivalents3.0M686.4K4.5M4.2M4.8M5.0M
Net Working Capital3.0M922.5K4.8M9.6M11.1M11.6M

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Additional Tools for Emetals Stock Analysis

When running Emetals' price analysis, check to measure Emetals' 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 Emetals is operating at the current time. Most of Emetals' value examination focuses on studying past and present price action to predict the probability of Emetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emetals' price. Additionally, you may evaluate how the addition of Emetals to your portfolios can decrease your overall portfolio volatility.