Empire Long Term Debt vs Property Plant And Equipment Net Analysis

EP Stock  CAD 0.07  0.00  0.00%   
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 Long Term Debt and its Property Plant And Equipment Net 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.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Metals Corp Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Empire Metals' Long Term Debt and Property Plant And Equipment Net is 0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net 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' Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Empire Metals Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Empire Metals' Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Empire Metals Corp has held for over one year. Long-term debt appears on Empire Metals Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Empire Metals Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

0.320.850.63-0.420.150.91-0.01-0.670.30.27-0.250.91-0.150.590.69-0.040.90.460.810.880.290.05
0.32-0.070.14-0.32-0.080.230.25-0.49-0.060.960.490.250.60.390.42-0.280.120.1-0.020.020.09-0.18
0.85-0.070.6-0.13-0.010.89-0.13-0.430.35-0.03-0.360.9-0.320.430.520.380.950.340.970.940.010.28
0.630.140.6-0.770.640.590.56-0.750.870.11-0.650.59-0.470.940.94-0.20.460.90.460.750.6-0.57
-0.42-0.32-0.13-0.77-0.8-0.19-0.770.78-0.75-0.170.47-0.190.22-0.88-0.830.67-0.08-0.940.01-0.41-0.930.87
0.15-0.08-0.010.64-0.80.010.53-0.430.67-0.25-0.750.0-0.570.630.56-0.74-0.120.79-0.180.20.88-0.83
0.910.230.890.59-0.190.01-0.18-0.440.310.24-0.311.0-0.290.460.560.190.890.320.910.880.030.2
-0.010.25-0.130.56-0.770.53-0.18-0.590.70.22-0.15-0.180.10.70.63-0.33-0.220.74-0.230.130.65-0.81
-0.67-0.49-0.43-0.750.78-0.43-0.44-0.59-0.52-0.410.18-0.45-0.03-0.86-0.890.33-0.41-0.72-0.29-0.55-0.590.51
0.3-0.060.350.87-0.750.670.310.7-0.52-0.08-0.670.3-0.490.820.75-0.210.160.910.250.580.64-0.67
0.270.96-0.030.11-0.17-0.250.240.22-0.41-0.080.580.260.670.330.38-0.070.150.00.050.02-0.1-0.05
-0.250.49-0.36-0.650.47-0.75-0.31-0.150.18-0.670.58-0.290.96-0.43-0.40.29-0.15-0.65-0.22-0.47-0.560.46
0.910.250.90.59-0.190.01.0-0.18-0.450.30.26-0.29-0.260.470.570.190.90.320.910.880.020.21
-0.150.6-0.32-0.470.22-0.57-0.290.1-0.03-0.490.670.96-0.26-0.2-0.180.16-0.11-0.41-0.22-0.36-0.330.26
0.590.390.430.94-0.880.630.460.7-0.860.820.33-0.430.47-0.20.98-0.340.370.90.30.620.68-0.67
0.690.420.520.94-0.830.560.560.63-0.890.750.38-0.40.57-0.180.98-0.290.470.860.40.680.62-0.58
-0.04-0.280.38-0.20.67-0.740.19-0.330.33-0.21-0.070.290.190.16-0.34-0.290.34-0.460.480.18-0.790.72
0.90.120.950.46-0.08-0.120.89-0.22-0.410.160.15-0.150.9-0.110.370.470.340.220.950.87-0.050.38
0.460.10.340.9-0.940.790.320.74-0.720.910.0-0.650.32-0.410.90.86-0.460.220.20.60.86-0.79
0.81-0.020.970.460.01-0.180.91-0.23-0.290.250.05-0.220.91-0.220.30.40.480.950.20.9-0.140.42
0.880.020.940.75-0.410.20.880.13-0.550.580.02-0.470.88-0.360.620.680.180.870.60.90.280.0
0.290.090.010.6-0.930.880.030.65-0.590.64-0.1-0.560.02-0.330.680.62-0.79-0.050.86-0.140.28-0.85
0.05-0.180.28-0.570.87-0.830.2-0.810.51-0.67-0.050.460.210.26-0.67-0.580.720.38-0.790.420.0-0.85
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Empire Metals Account Relationship Matchups

Empire Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1M5.6M4.9M3.3M2.9M4.5M
Total Current Liabilities1.4M940.7K890.7K1.1M1.7M1.5M
Total Stockholder Equity4.7M4.7M4.0M2.2M1.2M1.1M
Net Tangible Assets2.2M4.3M4.7M4.7M5.4M3.1M
Retained Earnings(19.5M)(21.6M)(22.5M)(24.3M)(25.5M)(26.7M)
Accounts Payable895.9K809.7K735.3K897.6K1.5M1.5M
Cash1.2M928.8K519.4K25.5K42.0K39.9K
Net Receivables17.6K21.7K33.7K49.9K45.5K26.6K
Other Stockholder Equity963.0K2.8M2.8M4.2M4.8M2.5M
Total Liab1.4M940.7K890.7K1.1M1.7M1.1M
Short Long Term Debt393.2K88.6K2.3K23.5K21.2K20.1K
Total Current Assets1.2M954.5K569.3K77.4K89.5K85.0K
Common Stock19.0M20.7M21.4M22.1M25.4M19.9M
Property Plant Equipment3.9M4.6M4.9M4.6M5.3M4.1M
Non Current Assets Total4.9M4.6M4.3M3.2M2.8M3.2M
Common Stock Shares Outstanding69.0M75.1M93.7M98.3M102.0M92.0M
Net Invested Capital4.8M4.7M4.0M2.2M1.2M1.1M
Net Working Capital(204.4K)13.8K(321.4K)(1.0M)(1.6M)(1.6M)

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