Empire Capital Stock vs Net Invested Capital Analysis

EP Stock

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Empire Metals financial indicator trend analysis is much more than just examining Empire Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire Metals Corp is a good investment. Please check the relationship between Empire Metals Capital Stock and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire 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.

Capital Stock vs Net Invested Capital

Capital Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Metals Corp Capital Stock account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Empire Metals' Capital Stock and Net Invested Capital is -0.14. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Empire Metals Corp, assuming nothing else is changed. The correlation between historical values of Empire Metals' Capital Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Empire Metals Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Stock i.e., Empire Metals' Capital Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Empire Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empire 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 Empire 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 about 177 K in 2024. Issuance Of Capital Stock is likely to drop to about 133 K in 2024

Empire Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Non Current Assets Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.32	0.85	0.63	-0.42	0.15	0.91	-0.01	-0.67	0.3	0.27	-0.25	0.91	-0.15	0.59	0.69	-0.04	0.9	0.46	0.81	0.88	0.29	0.05
Total Current Liabilities	0.32		-0.07	0.14	-0.32	-0.08	0.23	0.25	-0.49	-0.06	0.96	0.49	0.25	0.6	0.39	0.42	-0.28	0.12	0.1	-0.02	0.02	0.09	-0.18
Total Stockholder Equity	0.85	-0.07		0.6	-0.13	-0.01	0.89	-0.13	-0.43	0.35	-0.03	-0.36	0.9	-0.32	0.43	0.52	0.38	0.95	0.34	0.97	0.94	0.01	0.28
Net Tangible Assets	0.63	0.14	0.6		-0.77	0.64	0.59	0.56	-0.75	0.87	0.11	-0.65	0.59	-0.47	0.94	0.94	-0.2	0.46	0.9	0.46	0.75	0.6	-0.57
Retained Earnings	-0.42	-0.32	-0.13	-0.77		-0.8	-0.19	-0.77	0.78	-0.75	-0.17	0.47	-0.19	0.22	-0.88	-0.83	0.67	-0.08	-0.94	0.01	-0.41	-0.93	0.87
Accounts Payable	0.15	-0.08	-0.01	0.64	-0.8		0.01	0.53	-0.43	0.67	-0.25	-0.75	0.0	-0.57	0.63	0.56	-0.74	-0.12	0.79	-0.18	0.2	0.88	-0.83
Cash	0.91	0.23	0.89	0.59	-0.19	0.01		-0.18	-0.44	0.31	0.24	-0.31	1.0	-0.29	0.46	0.56	0.19	0.89	0.32	0.91	0.88	0.03	0.2
Net Receivables	-0.01	0.25	-0.13	0.56	-0.77	0.53	-0.18		-0.59	0.7	0.22	-0.15	-0.18	0.1	0.7	0.63	-0.33	-0.22	0.74	-0.23	0.13	0.65	-0.81
Short Term Investments	-0.67	-0.49	-0.43	-0.75	0.78	-0.43	-0.44	-0.59		-0.52	-0.41	0.18	-0.45	-0.03	-0.86	-0.89	0.33	-0.41	-0.72	-0.29	-0.55	-0.59	0.51
Other Stockholder Equity	0.3	-0.06	0.35	0.87	-0.75	0.67	0.31	0.7	-0.52		-0.08	-0.67	0.3	-0.49	0.82	0.75	-0.21	0.16	0.91	0.25	0.58	0.64	-0.67
Total Liab	0.27	0.96	-0.03	0.11	-0.17	-0.25	0.24	0.22	-0.41	-0.08		0.58	0.26	0.67	0.33	0.38	-0.07	0.15	0.0	0.05	0.02	-0.1	-0.05
Short Long Term Debt	-0.25	0.49	-0.36	-0.65	0.47	-0.75	-0.31	-0.15	0.18	-0.67	0.58		-0.29	0.96	-0.43	-0.4	0.29	-0.15	-0.65	-0.22	-0.47	-0.56	0.46
Total Current Assets	0.91	0.25	0.9	0.59	-0.19	0.0	1.0	-0.18	-0.45	0.3	0.26	-0.29		-0.26	0.47	0.57	0.19	0.9	0.32	0.91	0.88	0.02	0.21
Short Term Debt	-0.15	0.6	-0.32	-0.47	0.22	-0.57	-0.29	0.1	-0.03	-0.49	0.67	0.96	-0.26		-0.2	-0.18	0.16	-0.11	-0.41	-0.22	-0.36	-0.33	0.26
Common Stock	0.59	0.39	0.43	0.94	-0.88	0.63	0.46	0.7	-0.86	0.82	0.33	-0.43	0.47	-0.2		0.98	-0.34	0.37	0.9	0.3	0.62	0.68	-0.67
Property Plant Equipment	0.69	0.42	0.52	0.94	-0.83	0.56	0.56	0.63	-0.89	0.75	0.38	-0.4	0.57	-0.18	0.98		-0.29	0.47	0.86	0.4	0.68	0.62	-0.58
Long Term Debt	-0.04	-0.28	0.38	-0.2	0.67	-0.74	0.19	-0.33	0.33	-0.21	-0.07	0.29	0.19	0.16	-0.34	-0.29		0.34	-0.46	0.48	0.18	-0.79	0.72
Non Current Assets Total	0.9	0.12	0.95	0.46	-0.08	-0.12	0.89	-0.22	-0.41	0.16	0.15	-0.15	0.9	-0.11	0.37	0.47	0.34		0.22	0.95	0.87	-0.05	0.38
Common Stock Shares Outstanding	0.46	0.1	0.34	0.9	-0.94	0.79	0.32	0.74	-0.72	0.91	0.0	-0.65	0.32	-0.41	0.9	0.86	-0.46	0.22		0.2	0.6	0.86	-0.79
Net Invested Capital	0.81	-0.02	0.97	0.46	0.01	-0.18	0.91	-0.23	-0.29	0.25	0.05	-0.22	0.91	-0.22	0.3	0.4	0.48	0.95	0.2		0.9	-0.14	0.42
Net Working Capital	0.88	0.02	0.94	0.75	-0.41	0.2	0.88	0.13	-0.55	0.58	0.02	-0.47	0.88	-0.36	0.62	0.68	0.18	0.87	0.6	0.9		0.28	0.0
Capital Stock	0.29	0.09	0.01	0.6	-0.93	0.88	0.03	0.65	-0.59	0.64	-0.1	-0.56	0.02	-0.33	0.68	0.62	-0.79	-0.05	0.86	-0.14	0.28		-0.85
Property Plant And Equipment Net	0.05	-0.18	0.28	-0.57	0.87	-0.83	0.2	-0.81	0.51	-0.67	-0.05	0.46	0.21	0.26	-0.67	-0.58	0.72	0.38	-0.79	0.42	0.0	-0.85

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Empire Metals Account Relationship Matchups

Empire Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1M	5.6M	4.9M	3.3M	2.9M	4.5M
Total Current Liabilities	1.4M	940.7K	890.7K	1.1M	1.7M	1.5M
Total Stockholder Equity	4.7M	4.7M	4.0M	2.2M	1.2M	1.1M
Net Tangible Assets	2.2M	4.3M	4.7M	4.7M	5.4M	3.1M
Retained Earnings	(19.5M)	(21.6M)	(22.5M)	(24.3M)	(25.5M)	(26.7M)
Accounts Payable	895.9K	809.7K	735.3K	897.6K	1.5M	1.5M
Cash	1.2M	928.8K	519.4K	25.5K	42.0K	39.9K
Net Receivables	17.6K	21.7K	33.7K	49.9K	45.5K	26.6K
Other Stockholder Equity	963.0K	2.8M	2.8M	4.2M	4.8M	2.5M
Total Liab	1.4M	940.7K	890.7K	1.1M	1.7M	1.1M
Short Long Term Debt	393.2K	88.6K	2.3K	23.5K	21.2K	20.1K
Total Current Assets	1.2M	954.5K	569.3K	77.4K	89.5K	85.0K
Common Stock	19.0M	20.7M	21.4M	22.1M	25.4M	19.9M
Property Plant Equipment	3.9M	4.6M	4.9M	4.6M	5.3M	4.1M
Non Current Assets Total	4.9M	4.6M	4.3M	3.2M	2.8M	3.2M
Common Stock Shares Outstanding	69.0M	75.1M	93.7M	98.3M	102.0M	92.0M
Net Invested Capital	4.8M	4.7M	4.0M	2.2M	1.2M	1.1M
Net Working Capital	(204.4K)	13.8K	(321.4K)	(1.0M)	(1.6M)	(1.6M)

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