Europa Non Current Liabilities Total vs Cash And Short Term Investments Analysis

EUZ Stock   2.00  0.00  0.00%   
Europa Metals financial indicator trend analysis is much more than just examining Europa Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Europa Metals is a good investment. Please check the relationship between Europa Metals Non Current Liabilities Total and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Europa 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 bureau of economic analysis.

Non Current Liabilities Total vs Cash And Short Term Investments

Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Europa Metals Non Current Liabilities Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Europa Metals' Non Current Liabilities Total and Cash And Short Term Investments is 0.68. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Europa Metals, assuming nothing else is changed. The correlation between historical values of Europa Metals' Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Europa Metals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Europa Metals' Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Europa Metals balance sheet. This account contains Europa Metals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Europa Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Europa Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Europa 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 Europa 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 bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 537.5 K, whereas Issuance Of Capital Stock is forecasted to decline to about 883.3 K.

Europa Metals fundamental ratios Correlations

0.170.880.880.970.98-0.72-0.93-0.230.670.930.690.560.680.98-0.21-0.120.71-0.04-0.820.88-0.250.990.250.410.37
0.17-0.120.110.170.18-0.580.14-0.220.18-0.030.480.090.480.06-0.430.120.32-0.11-0.120.11-0.530.090.880.260.73
0.88-0.120.920.80.83-0.53-0.96-0.160.540.980.270.230.510.95-0.17-0.10.620.0-0.610.92-0.170.93-0.040.3-0.07
0.880.110.920.780.83-0.52-0.89-0.380.610.930.390.360.460.92-0.39-0.010.8-0.01-0.541.0-0.310.920.150.510.06
0.970.170.80.780.99-0.78-0.85-0.170.640.850.780.590.760.92-0.16-0.230.64-0.03-0.890.78-0.170.940.30.370.49
0.980.180.830.830.99-0.76-0.86-0.150.640.870.760.590.740.93-0.26-0.260.74-0.04-0.880.83-0.180.950.330.350.46
-0.72-0.58-0.53-0.52-0.78-0.760.50.05-0.37-0.58-0.69-0.18-0.97-0.650.280.33-0.490.170.73-0.520.26-0.67-0.71-0.22-0.73
-0.930.14-0.96-0.89-0.85-0.860.50.23-0.6-0.98-0.4-0.41-0.47-0.980.070.02-0.580.010.66-0.890.16-0.970.09-0.38-0.01
-0.23-0.22-0.16-0.38-0.17-0.150.050.23-0.49-0.2-0.16-0.260.03-0.22-0.09-0.64-0.06-0.13-0.2-0.380.34-0.220.03-0.98-0.05
0.670.180.540.610.640.64-0.37-0.6-0.490.590.510.620.360.630.170.350.380.55-0.360.61-0.280.650.040.590.22
0.93-0.030.980.930.850.87-0.58-0.98-0.20.590.380.330.540.99-0.16-0.050.64-0.02-0.660.93-0.220.980.020.350.04
0.690.480.270.390.780.76-0.69-0.4-0.160.510.380.750.670.52-0.22-0.230.53-0.06-0.790.39-0.180.570.590.330.87
0.560.090.230.360.590.59-0.18-0.41-0.260.620.330.750.170.440.020.070.450.19-0.570.360.080.470.080.380.41
0.680.480.510.460.760.74-0.97-0.470.030.360.540.670.170.61-0.2-0.40.44-0.11-0.730.46-0.150.630.660.140.71
0.980.060.950.920.920.93-0.65-0.98-0.220.630.990.520.440.61-0.19-0.070.68-0.03-0.730.92-0.241.00.120.390.18
-0.21-0.43-0.17-0.39-0.16-0.260.280.07-0.090.17-0.16-0.220.02-0.2-0.190.44-0.730.330.22-0.390.29-0.2-0.610.03-0.25
-0.120.12-0.1-0.01-0.23-0.260.330.02-0.640.35-0.05-0.230.07-0.4-0.070.44-0.360.240.52-0.01-0.42-0.09-0.350.55-0.27
0.710.320.620.80.640.74-0.49-0.58-0.060.380.640.530.450.440.68-0.73-0.36-0.11-0.590.8-0.20.690.490.190.3
-0.04-0.110.0-0.01-0.03-0.040.170.01-0.130.55-0.02-0.060.19-0.11-0.030.330.24-0.110.2-0.010.23-0.03-0.230.12-0.16
-0.82-0.12-0.61-0.54-0.89-0.880.730.66-0.2-0.36-0.66-0.79-0.57-0.73-0.730.220.52-0.590.2-0.54-0.03-0.76-0.370.0-0.56
0.880.110.921.00.780.83-0.52-0.89-0.380.610.930.390.360.460.92-0.39-0.010.8-0.01-0.54-0.310.920.150.510.06
-0.25-0.53-0.17-0.31-0.17-0.180.260.160.34-0.28-0.22-0.180.08-0.15-0.240.29-0.42-0.20.23-0.03-0.31-0.24-0.31-0.36-0.22
0.990.090.930.920.940.95-0.67-0.97-0.220.650.980.570.470.631.0-0.2-0.090.69-0.03-0.760.92-0.240.160.40.24
0.250.88-0.040.150.30.33-0.710.090.030.040.020.590.080.660.12-0.61-0.350.49-0.23-0.370.15-0.310.160.050.83
0.410.260.30.510.370.35-0.22-0.38-0.980.590.350.330.380.140.390.030.550.190.120.00.51-0.360.40.050.17
0.370.73-0.070.060.490.46-0.73-0.01-0.050.220.040.870.410.710.18-0.25-0.270.3-0.16-0.560.06-0.220.240.830.17
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Europa Metals Account Relationship Matchups

Europa Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7K2.8K3.1K677.2K316.7K300.9K
Total Current Liabilities229.79278.39182.85118.9K310.8K295.2K
Total Stockholder Equity2.5K2.4K2.7K558.276.0K5.7K
Property Plant And Equipment Net1.4K1.5K1.6K1.4K1.3K0.0
Net Debt38.1K137.1K220.6K(654.0K)(252.1K)(264.7K)
Retained Earnings(43.1K)(46.4K)(48.8K)(52.2K)(52.9M)(50.2M)
Accounts Payable207.5K261.9K139.1K118.9K258.6K162.3K
Cash700.641.2K1.7K654.0K252.1K287.2K
Non Current Assets Total1.4K1.5K1.6K1.4K1.3K0.0
Non Currrent Assets Other(1.5K)(1.6K)(1.4K)(1.3K)(1.5K)(1.6K)
Cash And Short Term Investments700.641.2K1.7K654.0K252.1K318.1K
Common Stock Shares Outstanding30.8K46.4M68.9M88.2M101.4M106.5M
Liabilities And Stockholders Equity2.7K2.8M3.1M677.2K316.7K300.9K
Other Current Assets210.9K84.7K85.4K23.2K64.7K61.4K
Other Stockholder Equity634.5K0.3618.8K0.953.3M3.5M
Total Liab246.3400.12382.28118.9K310.8K295.2K
Property Plant And Equipment Gross1.4M1.5M1.6M96.0K89.2K0.0
Total Current Assets911.511.3K1.7K677.2K316.7K300.9K
Common Stock42.8K45.7K48.2K49.4K49.6M52.0M
Accumulated Other Comprehensive Income2.9K3.1K3.4K3.4K3.9K4.1K
Net Tangible Assets2.7M2.5M2.4M2.7M3.1M2.2M
Net Receivables189.7K84.7K85.4K23.2K26.7K25.3K
Property Plant Equipment1.5M1.6M1.4M1.3M1.5M1.2M
Net Invested Capital2.5M2.6M2.9M558.3K502.4K477.3K
Net Working Capital681.7K987.1K1.6M558.3K642.0K1.0M
Capital Stock42.8M46.0M48.2M49.4M56.8M50.0M

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Other Information on Investing in Europa Stock

Balance Sheet is a snapshot of the financial position of Europa Metals at a specified time, usually calculated after every quarter, six months, or one year. Europa Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Europa Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Europa currently owns. An asset can also be divided into two categories, current and non-current.