Enerev5 Other Current Assets vs Net Receivables 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 Other Current Assets and its Net Receivables 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerev5 Metals Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enerev5 Metals' Other Current Assets and Net Receivables is 0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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' Other Current Assets and Net Receivables 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 Enerev5 Metals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Enerev5 Metals' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Receivables

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

0.41-0.17-0.17-0.070.550.850.70.28-0.210.12-0.020.340.44-0.220.99-0.19-0.250.44-0.26-0.17-0.360.090.390.40.44
0.41-0.95-0.950.010.89-0.070.680.87-0.47-0.33-0.020.310.99-0.970.32-0.97-0.360.43-0.16-0.22-0.51-0.090.570.570.57
-0.17-0.951.00.11-0.730.26-0.62-0.780.310.240.17-0.1-0.960.99-0.060.990.17-0.490.260.350.31-0.05-0.37-0.36-0.36
-0.17-0.951.00.11-0.730.26-0.62-0.780.310.240.17-0.1-0.960.99-0.060.990.17-0.490.260.350.31-0.05-0.37-0.36-0.36
-0.070.010.110.110.36-0.31-0.470.46-0.72-0.830.940.68-0.10.040.020.0-0.71-0.730.840.82-0.49-0.870.70.690.69
0.550.89-0.73-0.730.360.060.50.91-0.75-0.60.350.690.84-0.780.52-0.8-0.680.10.190.17-0.77-0.450.870.860.87
0.85-0.070.260.26-0.310.060.47-0.270.190.47-0.260.090.00.240.870.280.120.39-0.36-0.230.020.31-0.03-0.020.02
0.70.68-0.62-0.62-0.470.50.470.390.040.34-0.42-0.120.76-0.630.58-0.580.070.85-0.72-0.69-0.130.50.110.120.13
0.280.87-0.78-0.780.460.91-0.270.39-0.75-0.660.460.50.81-0.840.24-0.85-0.670.070.210.14-0.69-0.450.790.780.78
-0.21-0.470.310.31-0.72-0.750.190.04-0.750.92-0.78-0.85-0.370.37-0.240.420.970.45-0.63-0.640.930.86-0.93-0.93-0.92
0.12-0.330.240.24-0.83-0.60.470.34-0.660.92-0.82-0.79-0.210.290.060.350.870.66-0.81-0.770.770.95-0.83-0.82-0.81
-0.02-0.020.170.170.940.35-0.26-0.420.46-0.78-0.820.68-0.130.090.070.05-0.83-0.730.820.82-0.63-0.870.710.710.7
0.340.31-0.1-0.10.680.690.09-0.120.5-0.85-0.790.680.22-0.150.42-0.21-0.84-0.570.720.78-0.83-0.860.920.920.92
0.440.99-0.96-0.96-0.10.840.00.760.81-0.37-0.21-0.130.22-0.970.34-0.96-0.260.54-0.28-0.34-0.430.040.480.480.48
-0.22-0.970.990.990.04-0.780.24-0.63-0.840.370.290.09-0.15-0.97-0.111.00.24-0.460.220.310.380.01-0.44-0.44-0.43
0.990.32-0.06-0.060.020.520.870.580.24-0.240.060.070.420.34-0.11-0.09-0.30.31-0.14-0.04-0.38-0.010.420.430.47
-0.19-0.970.990.990.0-0.80.28-0.58-0.850.420.350.05-0.21-0.961.0-0.090.29-0.390.150.240.420.07-0.48-0.48-0.47
-0.25-0.360.170.17-0.71-0.680.120.07-0.670.970.87-0.83-0.84-0.260.24-0.30.290.51-0.66-0.690.960.85-0.91-0.91-0.9
0.440.43-0.49-0.49-0.730.10.390.850.070.450.66-0.73-0.570.54-0.460.31-0.390.51-0.93-0.950.340.82-0.37-0.37-0.35
-0.26-0.160.260.260.840.19-0.36-0.720.21-0.63-0.810.820.72-0.280.22-0.140.15-0.66-0.930.98-0.5-0.920.580.570.57
-0.17-0.220.350.350.820.17-0.23-0.690.14-0.64-0.770.820.78-0.340.31-0.040.24-0.69-0.950.98-0.54-0.920.60.60.6
-0.36-0.510.310.31-0.49-0.770.02-0.13-0.690.930.77-0.63-0.83-0.430.38-0.380.420.960.34-0.5-0.540.73-0.9-0.91-0.9
0.09-0.09-0.05-0.05-0.87-0.450.310.5-0.450.860.95-0.87-0.860.040.01-0.010.070.850.82-0.92-0.920.73-0.8-0.79-0.78
0.390.57-0.37-0.370.70.87-0.030.110.79-0.93-0.830.710.920.48-0.440.42-0.48-0.91-0.370.580.6-0.9-0.81.01.0
0.40.57-0.36-0.360.690.86-0.020.120.78-0.93-0.820.710.920.48-0.440.43-0.48-0.91-0.370.570.6-0.91-0.791.01.0
0.440.57-0.36-0.360.690.870.020.130.78-0.92-0.810.70.920.48-0.430.47-0.47-0.9-0.350.570.6-0.9-0.781.01.0
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Enerev5 Metals Account Relationship Matchups

Enerev5 Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets382.6K692.7K98.9K69.8K62.8K59.7K
Total Current Liabilities2.7M646.0K198.3K240.1K216.1K205.3K
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 Payable704.4K341.4K48.1K35.8K32.3K30.6K
Cash1.7K548.9K27.6K1.8K2.0K1.9K
Net Receivables261.8K44.6K21.7K34.7K31.2K29.6K
Non Current Liabilities Total3.072.6K200.5K164.3K189.0K110.3K
Other Stockholder Equity2.0M3.3M1.4M640.3K576.2K547.4K
Total Liab2.8M846.5K362.7K404.4K364.0K345.8K
Net Invested Capital(2.4M)(153.7K)(180.7K)(239.8K)(275.7K)(289.5K)
Total Current Assets277.6K623.5K65.6K69.8K62.8K59.7K
Net Working Capital(2.4M)(22.5K)(132.8K)(170.3K)(195.9K)(205.7K)
Property Plant Equipment4.9K105.1K69.2K33.3K38.3K47.8K

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