Metal Investments vs Net Borrowings Analysis
| MSSA Stock | USD 10.03 0.00 0.00% |
Metal Sky financial indicator trend analysis is infinitely more than just investigating Metal Sky Star recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metal Sky Star is a good investment. Please check the relationship between Metal Sky Investments and its Net Borrowings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metal Sky Star. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Investments vs Net Borrowings
Investments vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Investments account and Net Borrowings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Metal Sky's Investments and Net Borrowings is -0.63. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Metal Sky Star, assuming nothing else is changed. The correlation between historical values of Metal Sky's Investments and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Metal Sky Star are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Investments i.e., Metal Sky's Investments and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from Metal Sky's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metal Sky Star 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 Metal Sky Star. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At present, Metal Sky's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 51.55, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
| 2010 | 2023 | 2024 | 2025 (projected) | Interest Income | 1.3M | 2.8M | 1.7M | 2.1M | Net Interest Income | 1.3M | 2.8M | 1.7M | 2.1M |
Metal Sky fundamental ratios Correlations
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Metal Sky Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Metal Stock
Balance Sheet is a snapshot of the financial position of Metal Sky Star at a specified time, usually calculated after every quarter, six months, or one year. Metal Sky Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metal Sky 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 Metal currently owns. An asset can also be divided into two categories, current and non-current.