Metalla Days Sales Outstanding vs Invested Capital Analysis
MTA Stock | CAD 4.34 0.03 0.70% |
Metalla Royalty financial indicator trend analysis is infinitely more than just investigating Metalla Royalty Streaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalla Royalty Streaming is a good investment. Please check the relationship between Metalla Royalty Days Sales Outstanding and its Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. 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.
Days Sales Outstanding vs Invested Capital
Days Sales Outstanding vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Days Sales Outstanding account and Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Metalla Royalty's Days Sales Outstanding and Invested Capital is 0.75. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Metalla Royalty Streaming, assuming nothing else is changed. The correlation between historical values of Metalla Royalty's Days Sales Outstanding and 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 Days Sales Outstanding of Metalla Royalty Streaming are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Days Sales Outstanding i.e., Metalla Royalty's Days Sales Outstanding and Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Sales Outstanding
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Metalla Royalty Streaming. There are two different methods for calculating Metalla Royalty Streaming invested capital: operating approach and financing approach. Understanding Metalla Royalty invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Metalla Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalla Royalty Streaming 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 Metalla Royalty Streaming. 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. At this time, Metalla Royalty's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 1.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.9 M in 2024.
Metalla Royalty fundamental ratios Correlations
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Metalla Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metalla Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 47.1M | 50.3M | 112.6M | 130.9M | 276.0M | 289.8M | |
Other Current Liab | 241.5K | 372.0K | 57.5K | 63.5K | 57.1K | 54.3K | |
Total Current Liabilities | 1.3M | 1.8M | 1.1M | 6.5M | 7.0M | 7.3M | |
Total Stockholder Equity | 43.7M | 45.2M | 100.6M | 118.6M | 252.9M | 265.5M | |
Property Plant And Equipment Net | 41.6M | 45.1M | 102.9M | 120.7M | 257.8M | 270.7M | |
Net Debt | (1.3M) | (69.4K) | 8.2M | 6.0M | 518K | 839.3K | |
Retained Earnings | (28.4M) | (35.0M) | (45.4M) | (56.3M) | (63.4M) | (60.2M) | |
Cash | 3.4M | 3.4M | 2.3M | 4.6M | 14.1M | 14.8M | |
Non Current Assets Total | 43.2M | 46.5M | 106.1M | 121.3M | 258.4M | 271.3M | |
Cash And Short Term Investments | 3.4M | 3.4M | 2.3M | 4.6M | 5.2M | 5.5M | |
Common Stock Shares Outstanding | 25.7M | 33.9M | 42.6M | 44.8M | 90.9M | 95.4M | |
Liabilities And Stockholders Equity | 47.1M | 50.3M | 112.6M | 130.9M | 150.5M | 158.0M | |
Other Current Assets | 216.7K | 2.4M | 739.7K | 1.3M | 734K | 422.0K | |
Other Stockholder Equity | 7.4M | 6.9M | 11.2M | 12.1M | 10.8M | 11.4M | |
Total Liab | 3.4M | 5.1M | 12.1M | 12.3M | 23.1M | 24.3M | |
Total Current Assets | 3.8M | 10.3M | 6.5M | 9.6M | 17.7M | 18.5M | |
Short Long Term Debt Total | 2.1M | 3.3M | 10.5M | 10.6M | 12.2M | 12.8M | |
Non Current Liabilities Total | 107.3K | 3.8M | 11.0M | 5.8M | 16.2M | 17.0M | |
Common Stock | 66.5M | 98.1M | 133.9M | 161.7M | 186.0M | 195.2M | |
Accounts Payable | 937.6K | 1.4M | 1.0M | 1.2M | 5.1M | 5.3M | |
Net Receivables | 167.3K | 1.8M | 1.3M | 1.5M | 2.5M | 2.6M | |
Net Tangible Assets | 59.2M | 48.1M | 74.4M | 100.6M | 115.6M | 121.4M | |
Net Invested Capital | 45.8M | 48.5M | 111.1M | 129.1M | 267.5M | 280.9M | |
Long Term Investments | 2.2M | 2.0M | 1.3M | 595.0K | 450K | 427.5K | |
Accumulated Other Comprehensive Income | 5.5M | 7.1M | 12.1M | 13.2M | 15.2M | 8.7M | |
Net Working Capital | 637.7K | 2.4M | 5.4M | 3.0M | 10.7M | 11.2M | |
Other Liab | 145.2K | 506.3K | 511.4K | 468.1K | 538.3K | 402.2K |
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