Metalnrg Operating Income vs Total Other Income Expense Net Analysis

MNRG Stock

29.00 5.00 14.71%

Metalnrg PLC financial indicator trend analysis is infinitely more than just investigating Metalnrg PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalnrg PLC is a good investment. Please check the relationship between Metalnrg PLC Operating Income and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalnrg PLC. 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.

Operating Income vs Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalnrg PLC Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.

The correlation between Metalnrg PLC's Operating Income and Total Other Income Expense Net is 0.24. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Metalnrg PLC, assuming nothing else is changed. The correlation between historical values of Metalnrg PLC's Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Metalnrg PLC are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Metalnrg PLC's Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from Metalnrg PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Metalnrg PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Other Income Expense Net

Most indicators from Metalnrg PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalnrg PLC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalnrg PLC. 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 gain to about 1.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Metalnrg PLC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Assets	Non Current Liabilities Total	Net Tangible Assets	Common Stock Total Equity	Capital Surpluse	Non Currrent Assets Other	Net Invested Capital	Net Working Capital
Total Assets		0.65	0.52	0.35	0.6	-0.69	0.47	-0.63	-0.71	0.82	0.71	-0.37	-0.64	0.86	0.83	0.53	0.72	-0.17	0.74	0.23	0.67	0.87	0.87	0.31	0.59	-0.36
Other Current Liab	0.65		0.96	-0.42	0.89	-0.97	0.94	-0.74	-0.75	0.36	0.95	-0.32	-0.44	0.37	0.95	0.96	0.17	-0.16	0.9	-0.08	0.91	0.64	0.69	-0.43	-0.15	-0.84
Total Current Liabilities	0.52	0.96		-0.6	0.94	-0.97	0.98	-0.74	-0.74	0.16	0.93	-0.32	-0.43	0.17	0.88	1.0	-0.05	-0.19	0.89	-0.07	0.81	0.63	0.68	-0.53	-0.34	-0.94
Total Stockholder Equity	0.35	-0.42	-0.6		-0.47	0.41	-0.63	0.21	0.15	0.6	-0.34	0.0	-0.12	0.63	-0.17	-0.59	0.74	0.04	-0.28	0.31	-0.22	0.07	0.04	0.85	0.94	0.7
Net Debt	0.6	0.89	0.94	-0.47		-0.89	0.86	-0.79	-0.76	0.22	0.85	-0.29	-0.53	0.24	0.84	0.94	0.01	-0.26	0.96	-0.1	0.66	0.69	0.74	-0.37	-0.15	-0.85
Retained Earnings	-0.69	-0.97	-0.97	0.41	-0.89		-0.95	0.75	0.78	-0.39	-0.98	0.36	0.48	-0.4	-0.97	-0.97	-0.19	0.18	-0.91	0.04	-0.9	-0.72	-0.75	0.35	0.15	0.86
Accounts Payable	0.47	0.94	0.98	-0.63	0.86	-0.95		-0.71	-0.71	0.13	0.92	-0.29	-0.38	0.14	0.86	0.98	-0.08	-0.14	0.8	-0.03	0.84	0.57	0.62	-0.58	-0.42	-0.94
Cash	-0.63	-0.74	-0.74	0.21	-0.79	0.75	-0.71		0.73	-0.34	-0.73	0.02	0.74	-0.4	-0.76	-0.74	-0.2	0.18	-0.75	-0.13	-0.64	-0.57	-0.65	0.18	-0.02	0.62
Cash And Short Term Investments	-0.71	-0.75	-0.74	0.15	-0.76	0.78	-0.71	0.73		-0.38	-0.81	0.7	0.67	-0.44	-0.81	-0.75	-0.16	0.49	-0.76	-0.24	-0.65	-0.72	-0.79	0.14	-0.1	0.65
Net Receivables	0.82	0.36	0.16	0.6	0.22	-0.39	0.13	-0.34	-0.38		0.46	-0.19	-0.38	0.99	0.58	0.17	0.97	-0.08	0.48	-0.08	0.55	0.47	0.44	0.64	0.76	0.1
Common Stock Shares Outstanding	0.71	0.95	0.93	-0.34	0.85	-0.98	0.92	-0.73	-0.81	0.46		-0.42	-0.46	0.47	0.97	0.93	0.26	-0.29	0.9	-0.07	0.92	0.69	0.73	-0.27	-0.08	-0.79
Short Term Investments	-0.37	-0.32	-0.32	0.0	-0.29	0.36	-0.29	0.02	0.7	-0.19	-0.42		0.21	-0.23	-0.39	-0.32	-0.03	0.54	-0.33	-0.22	-0.28	-0.46	-0.48	0.02	-0.13	0.3
Inventory	-0.64	-0.44	-0.43	-0.12	-0.53	0.48	-0.38	0.74	0.67	-0.38	-0.46	0.21		-0.45	-0.55	-0.43	-0.27	-0.07	-0.52	-0.48	-0.32	-0.65	-0.69	-0.09	-0.33	0.41
Other Current Assets	0.86	0.37	0.17	0.63	0.24	-0.4	0.14	-0.4	-0.44	0.99	0.47	-0.23	-0.45		0.6	0.18	0.96	-0.1	0.48	0.05	0.55	0.52	0.51	0.62	0.78	0.08
Other Stockholder Equity	0.83	0.95	0.88	-0.17	0.84	-0.97	0.86	-0.76	-0.81	0.58	0.97	-0.39	-0.55	0.6		0.89	0.4	-0.19	0.91	0.04	0.92	0.77	0.81	-0.16	0.1	-0.74
Total Liab	0.53	0.96	1.0	-0.59	0.94	-0.97	0.98	-0.74	-0.75	0.17	0.93	-0.32	-0.43	0.18	0.89		-0.05	-0.19	0.89	-0.07	0.81	0.63	0.68	-0.53	-0.33	-0.94
Total Current Assets	0.72	0.17	-0.05	0.74	0.01	-0.19	-0.08	-0.2	-0.16	0.97	0.26	-0.03	-0.27	0.96	0.4	-0.05		0.05	0.28	-0.03	0.4	0.34	0.3	0.73	0.83	0.29
Common Stock	-0.17	-0.16	-0.19	0.04	-0.26	0.18	-0.14	0.18	0.49	-0.08	-0.29	0.54	-0.07	-0.1	-0.19	-0.19	0.05		-0.26	0.12	-0.11	-0.16	-0.21	-0.04	-0.05	0.09
Other Assets	0.74	0.9	0.89	-0.28	0.96	-0.91	0.8	-0.75	-0.76	0.48	0.9	-0.33	-0.52	0.48	0.91	0.89	0.28	-0.26		-0.19	0.74	0.73	0.75	-0.14	0.05	-0.73
Non Current Liabilities Total	0.23	-0.08	-0.07	0.31	-0.1	0.04	-0.03	-0.13	-0.24	-0.08	-0.07	-0.22	-0.48	0.05	0.04	-0.07	-0.03	0.12	-0.19		-0.08	0.4	0.44	-0.01	0.25	-0.12
Net Tangible Assets	0.67	0.91	0.81	-0.22	0.66	-0.9	0.84	-0.64	-0.65	0.55	0.92	-0.28	-0.32	0.55	0.92	0.81	0.4	-0.11	0.74	-0.08		0.53	0.57	-0.25	-0.04	-0.64
Common Stock Total Equity	0.87	0.64	0.63	0.07	0.69	-0.72	0.57	-0.57	-0.72	0.47	0.69	-0.46	-0.65	0.52	0.77	0.63	0.34	-0.16	0.73	0.4	0.53		0.99	0.03	0.32	-0.62
Capital Surpluse	0.87	0.69	0.68	0.04	0.74	-0.75	0.62	-0.65	-0.79	0.44	0.73	-0.48	-0.69	0.51	0.81	0.68	0.3	-0.21	0.75	0.44	0.57	0.99		-0.03	0.29	-0.66
Non Currrent Assets Other	0.31	-0.43	-0.53	0.85	-0.37	0.35	-0.58	0.18	0.14	0.64	-0.27	0.02	-0.09	0.62	-0.16	-0.53	0.73	-0.04	-0.14	-0.01	-0.25	0.03	-0.03		0.83	0.69
Net Invested Capital	0.59	-0.15	-0.34	0.94	-0.15	0.15	-0.42	-0.02	-0.1	0.76	-0.08	-0.13	-0.33	0.78	0.1	-0.33	0.83	-0.05	0.05	0.25	-0.04	0.32	0.29	0.83		0.48
Net Working Capital	-0.36	-0.84	-0.94	0.7	-0.85	0.86	-0.94	0.62	0.65	0.1	-0.79	0.3	0.41	0.08	-0.74	-0.94	0.29	0.09	-0.73	-0.12	-0.64	-0.62	-0.66	0.69	0.48

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Metalnrg PLC Account Relationship Matchups

Metalnrg PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.2M	3.0M	2.0M	1.7M	969.4K
Other Current Liab	21.1K	45.6K	126.0K	114.5K	211.4K	222.0K
Total Current Liabilities	214.9K	1.0M	649.1K	1.8M	2.9M	3.1M
Total Stockholder Equity	890.7K	150.2K	2.3M	188.3K	(1.2M)	(1.2M)
Net Debt	(139.0K)	693.7K	290.0K	425.5K	843.5K	885.6K
Retained Earnings	(1.8M)	(2.6M)	(4.5M)	(6.7M)	(8.1M)	(7.7M)
Accounts Payable	193.8K	237.1K	207.0K	1.3M	1.9M	2.0M
Cash	139.0K	63.6K	49.3K	24.7K	5.4K	5.1K
Cash And Short Term Investments	139.0K	63.6K	49.3K	24.7K	5.4K	5.1K
Net Receivables	138.0	12.1K	1.0M	570.7K	35.9K	34.1K
Common Stock Shares Outstanding	260.7M	363.6M	849.2M	1.2B	1.2B	1.3B
Other Current Assets	85.3K	29.7K	1.1M	581.6K	72.4K	68.7K
Other Stockholder Equity	2.2M	2.5M	6.4M	6.5M	6.8M	7.1M
Total Liab	214.9K	1.1M	672.4K	1.9M	2.9M	3.1M
Total Current Assets	224.3K	93.3K	1.1M	606.3K	77.7K	73.8K
Common Stock	272.8K	37.1K	113.5K	123.2K	110.9K	103.2K
Liabilities And Stockholders Equity	1.1M	1.2M	3.0M	2.0M	1.7M	1.1M
Non Current Liabilities Total	214.9K	29.0K	23.3K	25.7K	22.2K	21.1K
Net Tangible Assets	313.1K	224.5K	(518.7K)	1.7M	2.0M	2.1M
Non Current Assets Total	881.3K	1.1M	1.8M	1.4M	1.6M	1.1M
Capital Surpluse	1.1M	1.9M	2.4M	2.5M	2.9M	1.9M
Non Currrent Assets Other	(1.0)	466.7K	1.3M	860.8K	(1.0M)	(985.5K)

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When running Metalnrg PLC's price analysis, check to measure Metalnrg PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metalnrg PLC is operating at the current time. Most of Metalnrg PLC's value examination focuses on studying past and present price action to predict the probability of Metalnrg PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalnrg PLC's price. Additionally, you may evaluate how the addition of Metalnrg PLC to your portfolios can decrease your overall portfolio volatility.

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Metalnrg Operating Income vs Total Other Income Expense Net Analysis

Operating Income vs Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

Correlation Coefficient

Operating Income

Total Other Income Expense Net

Metalnrg PLC fundamental ratios Correlations

Metalnrg PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Metalnrg PLC fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Other Current Assets	+ 0.99	Net Receivables
Capital Surpluse	+ 0.99	Common Stock Total Equity
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Accounts Payable
Total Current Assets	+ 0.97	Net Receivables

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Total Liab	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Retained Earnings	- 0.97	Other Current Liab
Accounts Payable	- 0.95	Retained Earnings