Europa Retained Earnings vs 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 Retained Earnings and its 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.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Europa Metals Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Europa Metals' Retained Earnings and Short Term Investments is -0.05. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of 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' Retained Earnings 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 Retained Earnings of Europa Metals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Europa Metals' Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Europa Metals balance sheet. It contains any investments Europa Metals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Europa Metals can easily liquidate in the marketplace.
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
Click cells to compare fundamentals

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.