Enerev5 Net Working Capital vs Other Stockholder Equity Analysis
ENEV Stock | 0.01 0.00 0.00% |
Enerev5 Metals financial indicator trend analysis is much more than just examining Enerev5 Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerev5 Metals is a good investment. Please check the relationship between Enerev5 Metals Net Working Capital and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerev5 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Net Working Capital vs Other Stockholder Equity
Net Working Capital vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerev5 Metals Net Working Capital account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enerev5 Metals' Net Working Capital and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Enerev5 Metals, assuming nothing else is changed. The correlation between historical values of Enerev5 Metals' Net Working Capital and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Enerev5 Metals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Working Capital i.e., Enerev5 Metals' Net Working Capital and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Other Stockholder Equity
Most indicators from Enerev5 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerev5 Metals 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 Enerev5 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Issuance Of Capital Stock is likely to climb to about 545.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 402.7 K in 2024.
Enerev5 Metals fundamental ratios Correlations
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Enerev5 Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enerev5 Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 382.6K | 692.7K | 98.9K | 69.8K | 62.8K | 59.7K | |
Total Current Liabilities | 2.7M | 646.0K | 198.3K | 240.1K | 216.1K | 205.3K | |
Total Stockholder Equity | (2.4M) | (153.7K) | (263.8K) | (334.7K) | (384.9K) | (404.1K) | |
Net Tangible Assets | (2.4M) | (153.7K) | (263.8K) | (334.7K) | (384.9K) | (404.1K) | |
Retained Earnings | (35.7M) | (36.1M) | (36.7M) | (37.4M) | (33.7M) | (35.4M) | |
Accounts Payable | 704.4K | 341.4K | 48.1K | 35.8K | 32.3K | 30.6K | |
Cash | 1.7K | 548.9K | 27.6K | 1.8K | 2.0K | 1.9K | |
Net Receivables | 261.8K | 44.6K | 21.7K | 34.7K | 31.2K | 29.6K | |
Non Current Liabilities Total | 3.0 | 72.6K | 200.5K | 164.3K | 189.0K | 110.3K | |
Other Stockholder Equity | 2.0M | 3.3M | 1.4M | 640.3K | 576.2K | 547.4K | |
Total Liab | 2.8M | 846.5K | 362.7K | 404.4K | 364.0K | 345.8K | |
Net Invested Capital | (2.4M) | (153.7K) | (180.7K) | (239.8K) | (275.7K) | (289.5K) | |
Total Current Assets | 277.6K | 623.5K | 65.6K | 69.8K | 62.8K | 59.7K | |
Net Working Capital | (2.4M) | (22.5K) | (132.8K) | (170.3K) | (195.9K) | (205.7K) | |
Property Plant Equipment | 4.9K | 105.1K | 69.2K | 33.3K | 38.3K | 47.8K |
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When running Enerev5 Metals' price analysis, check to measure Enerev5 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 Enerev5 Metals is operating at the current time. Most of Enerev5 Metals' value examination focuses on studying past and present price action to predict the probability of Enerev5 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerev5 Metals' price. Additionally, you may evaluate how the addition of Enerev5 Metals to your portfolios can decrease your overall portfolio volatility.