Metal Other Current Assets vs Net Invested Capital Analysis

MSSAW Stock  USD 0.04  0.01  14.33%   
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 Other Current Assets and its Net Invested Capital 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 signals in nation.

Other Current Assets vs Net Invested Capital

Other Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metal Sky's Other Current Assets and Net Invested Capital is 0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital 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 Other Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Metal Sky Star are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Metal Sky's Other Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 signals in nation.
Issuance Of Capital Stock is expected to grow at the current pace this year. Enterprise Value Over EBITDA is likely to drop to -56.13 in 2024
 2010 2022 2023 2024 (projected)
Other Operating Expenses24.9K398.8K458.6K233.0K
Depreciation And Amortization37.3K117.8K135.5K85.3K

Metal Sky fundamental ratios Correlations

-0.410.830.91.00.33-0.68-0.871.01.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
-0.41-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.131.0-0.791.0
0.83-0.790.970.810.79-0.97-1.00.830.83-1.00.890.971.0-0.990.950.820.940.460.830.43-0.791.0-0.79
0.9-0.630.970.880.66-0.91-0.990.90.9-0.990.940.990.97-1.00.940.890.980.610.90.59-0.630.97-0.63
1.0-0.380.810.880.3-0.66-0.851.01.0-0.850.990.820.81-0.880.661.00.810.881.00.87-0.380.81-0.38
0.33-0.950.790.660.3-0.91-0.740.330.33-0.740.430.70.79-0.690.820.310.65-0.180.33-0.21-0.950.79-0.95
-0.680.87-0.97-0.91-0.66-0.910.95-0.68-0.680.95-0.76-0.93-0.970.93-0.96-0.67-0.89-0.25-0.69-0.220.87-0.970.87
-0.870.74-1.0-0.99-0.85-0.740.95-0.87-0.871.0-0.92-0.98-1.01.0-0.94-0.86-0.95-0.53-0.87-0.510.74-1.00.74
1.0-0.410.830.91.00.33-0.68-0.871.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
1.0-0.410.830.91.00.33-0.68-0.871.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
-0.870.74-1.0-0.99-0.85-0.740.951.0-0.87-0.87-0.92-0.98-1.01.0-0.94-0.86-0.95-0.53-0.87-0.510.74-1.00.74
0.99-0.490.890.940.990.43-0.76-0.920.990.99-0.920.90.89-0.940.770.990.890.810.990.79-0.490.89-0.49
0.84-0.640.970.990.820.7-0.93-0.980.840.84-0.980.90.97-0.980.970.830.990.540.850.52-0.640.97-0.64
0.83-0.791.00.970.810.79-0.97-1.00.830.83-1.00.890.97-0.990.950.820.940.460.830.43-0.791.0-0.79
-0.90.69-0.99-1.0-0.88-0.690.931.0-0.9-0.91.0-0.94-0.98-0.99-0.93-0.89-0.96-0.59-0.9-0.570.69-0.990.69
0.69-0.720.950.940.660.82-0.96-0.940.690.69-0.940.770.970.95-0.930.680.960.330.690.3-0.720.95-0.72
1.0-0.390.820.891.00.31-0.67-0.861.01.0-0.860.990.830.82-0.890.680.820.871.00.86-0.390.82-0.39
0.83-0.560.940.980.810.65-0.89-0.950.830.83-0.950.890.990.94-0.960.960.820.570.830.55-0.560.94-0.56
0.870.10.460.610.88-0.18-0.25-0.530.870.87-0.530.810.540.46-0.590.330.870.570.871.00.10.460.1
1.0-0.410.830.91.00.33-0.69-0.871.01.0-0.870.990.850.83-0.90.691.00.830.870.85-0.410.83-0.41
0.850.130.430.590.87-0.21-0.22-0.510.850.85-0.510.790.520.43-0.570.30.860.551.00.850.130.430.13
-0.411.0-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.13-0.791.0
0.83-0.791.00.970.810.79-0.97-1.00.830.83-1.00.890.971.0-0.990.950.820.940.460.830.43-0.79-0.79
-0.411.0-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.131.0-0.79
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Metal Sky Account Relationship Matchups

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When running Metal Sky's price analysis, check to measure Metal Sky'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 Metal Sky is operating at the current time. Most of Metal Sky's value examination focuses on studying past and present price action to predict the probability of Metal Sky's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metal Sky's price. Additionally, you may evaluate how the addition of Metal Sky to your portfolios can decrease your overall portfolio volatility.