Empire Total Stockholder Equity vs Accounts Payable 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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Metals Corp Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Empire Metals' Total Stockholder Equity and Accounts Payable is -0.01. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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' Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Empire Metals Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Empire Metals' Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Empire Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Empire Metals Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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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