Europa Total Stockholder Equity 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 Total Stockholder Equity 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.
Total Stockholder Equity vs Short Term Investments
Total Stockholder Equity 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 Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Europa Metals' Total Stockholder Equity and Short Term Investments is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity 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' Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., Europa Metals' Total Stockholder Equity and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.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
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Europa Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Europa Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7K | 2.8K | 3.1K | 677.2K | 316.7K | 300.9K | |
Total Current Liabilities | 229.79 | 278.39 | 182.85 | 118.9K | 310.8K | 295.2K | |
Total Stockholder Equity | 2.5K | 2.4K | 2.7K | 558.27 | 6.0K | 5.7K | |
Property Plant And Equipment Net | 1.4K | 1.5K | 1.6K | 1.4K | 1.3K | 0.0 | |
Net Debt | 38.1K | 137.1K | 220.6K | (654.0K) | (252.1K) | (264.7K) | |
Retained Earnings | (43.1K) | (46.4K) | (48.8K) | (52.2K) | (52.9M) | (50.2M) | |
Accounts Payable | 207.5K | 261.9K | 139.1K | 118.9K | 258.6K | 162.3K | |
Cash | 700.64 | 1.2K | 1.7K | 654.0K | 252.1K | 287.2K | |
Non Current Assets Total | 1.4K | 1.5K | 1.6K | 1.4K | 1.3K | 0.0 | |
Non Currrent Assets Other | (1.5K) | (1.6K) | (1.4K) | (1.3K) | (1.5K) | (1.6K) | |
Cash And Short Term Investments | 700.64 | 1.2K | 1.7K | 654.0K | 252.1K | 318.1K | |
Common Stock Shares Outstanding | 30.8K | 46.4M | 68.9M | 88.2M | 101.4M | 106.5M | |
Liabilities And Stockholders Equity | 2.7K | 2.8M | 3.1M | 677.2K | 316.7K | 300.9K | |
Other Current Assets | 210.9K | 84.7K | 85.4K | 23.2K | 64.7K | 61.4K | |
Other Stockholder Equity | 634.5K | 0.3 | 618.8K | 0.95 | 3.3M | 3.5M | |
Total Liab | 246.3 | 400.12 | 382.28 | 118.9K | 310.8K | 295.2K | |
Property Plant And Equipment Gross | 1.4M | 1.5M | 1.6M | 96.0K | 89.2K | 0.0 | |
Total Current Assets | 911.51 | 1.3K | 1.7K | 677.2K | 316.7K | 300.9K | |
Common Stock | 42.8K | 45.7K | 48.2K | 49.4K | 49.6M | 52.0M | |
Accumulated Other Comprehensive Income | 2.9K | 3.1K | 3.4K | 3.4K | 3.9K | 4.1K | |
Net Tangible Assets | 2.7M | 2.5M | 2.4M | 2.7M | 3.1M | 2.2M | |
Net Receivables | 189.7K | 84.7K | 85.4K | 23.2K | 26.7K | 25.3K | |
Property Plant Equipment | 1.5M | 1.6M | 1.4M | 1.3M | 1.5M | 1.2M | |
Net Invested Capital | 2.5M | 2.6M | 2.9M | 558.3K | 502.4K | 477.3K | |
Net Working Capital | 681.7K | 987.1K | 1.6M | 558.3K | 642.0K | 1.0M | |
Capital Stock | 42.8M | 46.0M | 48.2M | 49.4M | 56.8M | 50.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.