IMetal Short Term Debt vs Common Stock Analysis

IMR Stock

CAD 0.22 0.01 4.76%

IMetal Resources financial indicator trend analysis is infinitely more than just investigating iMetal Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iMetal Resources is a good investment. Please check the relationship between IMetal Resources Short Term Debt and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iMetal Resources. 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.

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iMetal Resources Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between IMetal Resources' Short Term Debt and Common Stock is -0.63. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of iMetal Resources, assuming nothing else is changed. The correlation between historical values of IMetal Resources' Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of iMetal Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., IMetal Resources' Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Term Debt

Common Stock

Most indicators from IMetal Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iMetal Resources 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iMetal Resources. 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 climb to about 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 345.8 K in 2024.

IMetal Resources 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	Non Currrent Assets Other	Non Current Assets Total	Common Stock Shares Outstanding	Other Current Assets	Net Invested Capital	Net Working Capital	Other Current Liab	Capital Stock	Property Plant And Equipment Net	Net Debt
Total Assets		-0.14	0.92	0.8	-0.62	-0.18	0.57	0.58	-0.21	0.8	-0.14	-0.17	0.61	-0.2	0.77	0.81	0.64	0.87	0.54	0.58	0.9	0.31	0.73	0.8	0.83	-0.21
Total Current Liabilities	-0.14		-0.53	-0.47	0.55	1.0	-0.47	-0.39	0.14	-0.55	1.0	0.98	-0.49	0.98	-0.52	-0.06	-0.66	-0.49	-0.37	-0.69	-0.49	-0.09	-0.42	-0.34	-0.3	0.14
Total Stockholder Equity	0.92	-0.53		0.87	-0.75	-0.56	0.68	0.66	-0.22	0.91	-0.53	-0.55	0.72	-0.57	0.87	0.71	0.81	0.94	0.62	0.78	0.97	0.31	0.79	0.82	0.83	-0.22
Net Tangible Assets	0.8	-0.47	0.87		-0.94	-0.49	0.39	0.43	-0.67	0.89	-0.47	-0.51	0.44	-0.56	0.9	0.9	0.87	0.92	0.26	0.7	0.9	-0.07	0.75	0.96	0.9	-0.67
Retained Earnings	-0.62	0.55	-0.75	-0.94		0.56	-0.32	-0.38	0.74	-0.86	0.55	0.63	-0.37	0.68	-0.88	-0.8	-0.88	-0.87	-0.21	-0.71	-0.84	0.18	-0.7	-0.93	-0.85	0.74
Accounts Payable	-0.18	1.0	-0.56	-0.49	0.56		-0.49	-0.39	0.14	-0.57	1.0	0.97	-0.51	0.97	-0.53	-0.09	-0.69	-0.51	-0.37	-0.72	-0.52	-0.11	-0.48	-0.35	-0.32	0.14
Cash	0.57	-0.47	0.68	0.39	-0.32	-0.49		0.47	0.22	0.53	-0.47	-0.44	1.0	-0.43	0.41	0.13	0.44	0.49	0.74	0.46	0.67	0.86	0.57	0.36	0.34	0.22
Net Receivables	0.58	-0.39	0.66	0.43	-0.38	-0.39	0.47		0.13	0.47	-0.39	-0.39	0.54	-0.38	0.45	0.31	0.47	0.61	0.67	0.46	0.65	0.35	0.36	0.43	0.56	0.13
Short Term Investments	-0.21	0.14	-0.22	-0.67	0.74	0.14	0.22	0.13		-0.39	0.14	0.19	0.2	0.27	-0.46	-0.72	-0.5	-0.4	0.4	-0.22	-0.32	0.59	-0.3	-0.66	-0.53	1.0
Other Stockholder Equity	0.8	-0.55	0.91	0.89	-0.86	-0.57	0.53	0.47	-0.39		-0.55	-0.63	0.57	-0.65	0.99	0.72	0.83	0.96	0.39	0.81	0.93	0.08	0.74	0.88	0.87	-0.39
Total Liab	-0.14	1.0	-0.53	-0.47	0.55	1.0	-0.47	-0.39	0.14	-0.55		0.98	-0.49	0.98	-0.52	-0.06	-0.66	-0.49	-0.37	-0.69	-0.49	-0.09	-0.42	-0.34	-0.3	0.14
Short Long Term Debt	-0.17	0.98	-0.55	-0.51	0.63	0.97	-0.44	-0.39	0.19	-0.63	0.98		-0.47	1.0	-0.61	-0.12	-0.7	-0.56	-0.35	-0.72	-0.54	-0.03	-0.45	-0.42	-0.38	0.19
Total Current Assets	0.61	-0.49	0.72	0.44	-0.37	-0.51	1.0	0.54	0.2	0.57	-0.49	-0.47		-0.46	0.45	0.18	0.48	0.55	0.77	0.5	0.71	0.83	0.59	0.4	0.39	0.2
Short Term Debt	-0.2	0.98	-0.57	-0.56	0.68	0.97	-0.43	-0.38	0.27	-0.65	0.98	1.0	-0.46		-0.63	-0.18	-0.73	-0.59	-0.33	-0.72	-0.57	-0.01	-0.48	-0.47	-0.42	0.27
Common Stock	0.77	-0.52	0.87	0.9	-0.88	-0.53	0.41	0.45	-0.46	0.99	-0.52	-0.61	0.45	-0.63		0.75	0.84	0.96	0.32	0.8	0.89	-0.05	0.69	0.89	0.88	-0.46
Property Plant Equipment	0.81	-0.06	0.71	0.9	-0.8	-0.09	0.13	0.31	-0.72	0.72	-0.06	-0.12	0.18	-0.18	0.75		0.67	0.8	0.09	0.47	0.75	-0.22	0.63	0.91	0.87	-0.72
Non Currrent Assets Other	0.64	-0.66	0.81	0.87	-0.88	-0.69	0.44	0.47	-0.5	0.83	-0.66	-0.7	0.48	-0.73	0.84	0.67		0.86	0.4	0.9	0.84	-0.04	0.71	0.75	0.67	-0.5
Non Current Assets Total	0.87	-0.49	0.94	0.92	-0.87	-0.51	0.49	0.61	-0.4	0.96	-0.49	-0.56	0.55	-0.59	0.96	0.8	0.86		0.49	0.8	0.97	0.07	0.79	0.91	0.92	-0.4
Common Stock Shares Outstanding	0.54	-0.37	0.62	0.26	-0.21	-0.37	0.74	0.67	0.4	0.39	-0.37	-0.35	0.77	-0.33	0.32	0.09	0.4	0.49		0.47	0.59	0.66	0.39	0.25	0.28	0.4
Other Current Assets	0.58	-0.69	0.78	0.7	-0.71	-0.72	0.46	0.46	-0.22	0.81	-0.69	-0.72	0.5	-0.72	0.8	0.47	0.9	0.8	0.47		0.76	0.05	0.61	0.59	0.56	-0.22
Net Invested Capital	0.9	-0.49	0.97	0.9	-0.84	-0.52	0.67	0.65	-0.32	0.93	-0.49	-0.54	0.71	-0.57	0.89	0.75	0.84	0.97	0.59	0.76		0.28	0.83	0.89	0.88	-0.32
Net Working Capital	0.31	-0.09	0.31	-0.07	0.18	-0.11	0.86	0.35	0.59	0.08	-0.09	-0.03	0.83	-0.01	-0.05	-0.22	-0.04	0.07	0.66	0.05	0.28		0.22	-0.07	-0.04	0.59
Other Current Liab	0.73	-0.42	0.79	0.75	-0.7	-0.48	0.57	0.36	-0.3	0.74	-0.42	-0.45	0.59	-0.48	0.69	0.63	0.71	0.79	0.39	0.61	0.83	0.22		0.72	0.69	-0.3
Capital Stock	0.8	-0.34	0.82	0.96	-0.93	-0.35	0.36	0.43	-0.66	0.88	-0.34	-0.42	0.4	-0.47	0.89	0.91	0.75	0.91	0.25	0.59	0.89	-0.07	0.72		0.97	-0.66
Property Plant And Equipment Net	0.83	-0.3	0.83	0.9	-0.85	-0.32	0.34	0.56	-0.53	0.87	-0.3	-0.38	0.39	-0.42	0.88	0.87	0.67	0.92	0.28	0.56	0.88	-0.04	0.69	0.97		-0.53
Net Debt	-0.21	0.14	-0.22	-0.67	0.74	0.14	0.22	0.13	1.0	-0.39	0.14	0.19	0.2	0.27	-0.46	-0.72	-0.5	-0.4	0.4	-0.22	-0.32	0.59	-0.3	-0.66	-0.53

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IMetal Resources Account Relationship Matchups

IMetal Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	4.2M	6.5M	7.4M	5.8M	3.7M
Total Current Liabilities	250.4K	299.6K	244.5K	402.7K	678.8K	528.4K
Total Stockholder Equity	2.5M	3.9M	6.2M	7.0M	5.1M	3.0M
Net Tangible Assets	2.5M	3.9M	6.2M	7.0M	8.1M	8.5M
Retained Earnings	(41.1M)	(42.9M)	(44.6M)	(46.7M)	(49.0M)	(51.5M)
Accounts Payable	80.6K	268.2K	47.7K	246.5K	434.3K	333.4K
Cash	858.0	882.5K	2.0M	893.5K	12.4K	11.8K
Net Receivables	10.4K	18.7K	19.4K	96.9K	8.6K	8.2K
Other Stockholder Equity	3.4M	3.9M	4.6M	4.6M	5.3M	3.8M
Total Liab	250.4K	299.6K	244.5K	402.7K	678.8K	528.4K
Short Long Term Debt	8.0K	8.5K	9.0K	9.5K	8.6K	14.4K
Total Current Assets	26.4K	1.0M	2.1M	1.1M	85.4K	81.2K
Common Stock	40.2M	42.9M	46.2M	49.1M	56.5M	43.6M
Property Plant Equipment	2.7M	3.2M	4.4M	6.3M	7.2M	7.6M
Non Current Assets Total	2.7M	3.2M	4.4M	6.3M	5.7M	3.6M
Common Stock Shares Outstanding	23.7M	51.4M	37.2M	50.9M	5.6M	5.3M
Net Invested Capital	2.5M	3.9M	6.2M	7.0M	5.1M	4.1M
Net Working Capital	(224.1K)	704.1K	1.8M	731.4K	(593.4K)	(563.7K)
Other Current Liab	127.7K	16.2K	187.3K	124.8K	81.5K	98.8K
Capital Stock	40.2M	42.9M	46.2M	49.1M	49.5M	49.1M

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