Equity Pb Ratio vs Days Of Inventory On Hand Analysis

EQTY Stock

CAD 0.18 0.01 5.26%

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

Pb Ratio vs Days Of Inventory On Hand

Pb Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Metals Corp Pb Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Equity Metals' Pb Ratio and Days Of Inventory On Hand is 0.59. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Equity Metals Corp, assuming nothing else is changed. The correlation between historical values of Equity Metals' Pb Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Equity Metals Corp are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Pb Ratio i.e., Equity Metals' Pb Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Pb Ratio

Days Of Inventory On Hand

Most indicators from Equity Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity 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 Equity 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 manufacturing.

Enterprise Value is likely to climb to about 12.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 797.8 K in 2024.

	2023	2024 (projected)
Reconciled Depreciation	6.2K	10.2K
Cost Of Revenue	10.9K	10.9K

Reconciled Depreciation Cost Of Revenue

Equity Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Current Assets
Total Assets		0.79	0.53	0.99	0.65	-0.82	0.15	1.0	0.01	0.79	0.76	0.84	0.74	-0.48	1.0	0.77	-0.79	0.92	0.96	0.98	0.82	-0.84	-0.85	-0.71
Other Current Liab	0.79		0.83	0.7	0.06	-0.67	-0.11	0.81	-0.28	0.45	0.42	0.45	0.51	0.07	0.8	0.52	-0.5	0.79	0.9	0.86	0.69	-0.71	-0.77	-0.77
Total Current Liabilities	0.53	0.83		0.4	-0.12	-0.41	0.28	0.56	-0.44	0.43	0.4	0.31	0.24	0.43	0.55	0.28	-0.1	0.52	0.69	0.64	0.43	-0.39	-0.47	-0.56
Total Stockholder Equity	0.99	0.7	0.4		0.73	-0.81	0.15	0.98	0.08	0.79	0.77	0.86	0.76	-0.61	0.98	0.78	-0.82	0.91	0.91	0.95	0.81	-0.84	-0.83	-0.67
Net Tangible Assets	0.65	0.06	-0.12	0.73		-0.44	0.43	0.62	0.34	0.74	0.73	0.79	0.51	-0.78	0.63	0.54	-0.6	0.49	0.48	0.55	0.42	-0.44	-0.41	-0.21
Retained Earnings	-0.82	-0.67	-0.41	-0.81	-0.44		0.03	-0.83	0.21	-0.75	-0.72	-0.7	-0.9	0.43	-0.83	-0.9	0.86	-0.96	-0.77	-0.81	-0.91	0.97	0.85	0.56
Accounts Payable	0.15	-0.11	0.28	0.15	0.43	0.03		0.14	0.0	0.5	0.5	0.38	-0.08	-0.07	0.15	0.01	0.19	0.04	0.08	0.11	-0.08	0.14	0.06	-0.02
Cash	1.0	0.81	0.56	0.98	0.62	-0.83	0.14		-0.05	0.79	0.76	0.83	0.75	-0.45	1.0	0.77	-0.78	0.93	0.97	0.99	0.83	-0.85	-0.86	-0.72
Non Current Assets Total	0.01	-0.28	-0.44	0.08	0.34	0.21	0.0	-0.05		-0.05	-0.05	-0.1	-0.11	-0.4	-0.05	-0.15	-0.01	-0.15	-0.09	-0.11	-0.15	0.17	0.16	0.12
Non Currrent Assets Other	0.79	0.45	0.43	0.79	0.74	-0.75	0.5	0.79	-0.05		1.0	0.88	0.79	-0.4	0.8	0.84	-0.67	0.79	0.73	0.76	0.78	-0.72	-0.62	-0.36
Other Assets	0.76	0.42	0.4	0.77	0.73	-0.72	0.5	0.76	-0.05	1.0		0.88	0.79	-0.39	0.77	0.84	-0.66	0.76	0.69	0.73	0.77	-0.7	-0.57	-0.3
Net Receivables	0.84	0.45	0.31	0.86	0.79	-0.7	0.38	0.83	-0.1	0.88	0.88		0.77	-0.58	0.84	0.82	-0.7	0.75	0.71	0.78	0.77	-0.69	-0.57	-0.33
Other Stockholder Equity	0.74	0.51	0.24	0.76	0.51	-0.9	-0.08	0.75	-0.11	0.79	0.79	0.77		-0.47	0.75	0.99	-0.88	0.86	0.67	0.72	0.97	-0.92	-0.72	-0.35
Total Liab	-0.48	0.07	0.43	-0.61	-0.78	0.43	-0.07	-0.45	-0.4	-0.4	-0.39	-0.58	-0.47		-0.46	-0.48	0.63	-0.43	-0.23	-0.33	-0.37	0.43	0.4	0.23
Total Current Assets	1.0	0.8	0.55	0.98	0.63	-0.83	0.15	1.0	-0.05	0.8	0.77	0.84	0.75	-0.46		0.77	-0.78	0.93	0.96	0.99	0.83	-0.85	-0.86	-0.71
Common Stock	0.77	0.52	0.28	0.78	0.54	-0.9	0.01	0.77	-0.15	0.84	0.84	0.82	0.99	-0.48	0.77		-0.87	0.88	0.69	0.74	0.97	-0.91	-0.72	-0.37
Property Plant Equipment	-0.79	-0.5	-0.1	-0.82	-0.6	0.86	0.19	-0.78	-0.01	-0.67	-0.66	-0.7	-0.88	0.63	-0.78	-0.87		-0.85	-0.7	-0.75	-0.85	0.89	0.78	0.49
Common Stock Shares Outstanding	0.92	0.79	0.52	0.91	0.49	-0.96	0.04	0.93	-0.15	0.79	0.76	0.75	0.86	-0.43	0.93	0.88	-0.85		0.89	0.92	0.92	-0.97	-0.93	-0.72
Net Invested Capital	0.96	0.9	0.69	0.91	0.48	-0.77	0.08	0.97	-0.09	0.73	0.69	0.71	0.67	-0.23	0.96	0.69	-0.7	0.89		0.99	0.79	-0.81	-0.85	-0.74
Net Working Capital	0.98	0.86	0.64	0.95	0.55	-0.81	0.11	0.99	-0.11	0.76	0.73	0.78	0.72	-0.33	0.99	0.74	-0.75	0.92	0.99		0.82	-0.84	-0.86	-0.73
Capital Stock	0.82	0.69	0.43	0.81	0.42	-0.91	-0.08	0.83	-0.15	0.78	0.77	0.77	0.97	-0.37	0.83	0.97	-0.85	0.92	0.79	0.82		-0.94	-0.76	-0.46
Property Plant And Equipment Net	-0.84	-0.71	-0.39	-0.84	-0.44	0.97	0.14	-0.85	0.17	-0.72	-0.7	-0.69	-0.92	0.43	-0.85	-0.91	0.89	-0.97	-0.81	-0.84	-0.94		0.91	0.63
Property Plant And Equipment Gross	-0.85	-0.77	-0.47	-0.83	-0.41	0.85	0.06	-0.86	0.16	-0.62	-0.57	-0.57	-0.72	0.4	-0.86	-0.72	0.78	-0.93	-0.85	-0.86	-0.76	0.91		0.88
Other Current Assets	-0.71	-0.77	-0.56	-0.67	-0.21	0.56	-0.02	-0.72	0.12	-0.36	-0.3	-0.33	-0.35	0.23	-0.71	-0.37	0.49	-0.72	-0.74	-0.73	-0.46	0.63	0.88

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Equity Metals Account Relationship Matchups

Equity Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3M	2.2M	802.5K	3.3M	3.8M	4.0M
Other Current Liab	46.9K	40.2K	21.1K	122.7K	141.1K	148.2K
Total Current Liabilities	284.7K	98.1K	96.9K	287.5K	330.6K	347.2K
Total Stockholder Equity	2.0M	2.1M	705.6K	3.1M	3.5M	3.7M
Net Tangible Assets	203.8K	2.0M	2.1M	705.6K	811.5K	993.2K
Retained Earnings	(18.6M)	(22.8M)	(27.8M)	(30.7M)	(27.6M)	(29.0M)
Accounts Payable	237.9K	57.9K	75.7K	37.7K	43.3K	85.6K
Cash	1.8M	1.8M	497.5K	3.0M	3.4M	3.6M
Non Current Assets Total	290.1K	229.5K	223.1K	216.2K	194.6K	210.5K
Net Receivables	188.8K	154.7K	81.9K	177.1K	203.7K	109.2K
Other Stockholder Equity	2.8M	3.1M	4.2M	4.8M	5.5M	3.6M
Total Liab	284.7K	98.1K	96.9K	287.5K	258.7K	161.4K
Total Current Assets	2.0M	1.9M	579.4K	3.1M	3.6M	3.8M
Property Plant Equipment	121.1K	108.0K	82.1K	75.6K	68.1K	78.4K
Common Stock Shares Outstanding	55.4M	78.2M	102.9M	148.0M	170.2M	178.7M
Net Invested Capital	2.0M	2.1M	705.6K	3.1M	3.5M	3.7M
Net Working Capital	1.7M	1.8M	482.5K	2.8M	3.3M	3.4M
Capital Stock	17.5M	20.7M	23.7M	28.5M	32.7M	22.0M

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