Metalla Non Currrent Assets Other vs Accounts Payable Analysis
MTA Stock | USD 3.13 0.03 0.97% |
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 Non Currrent Assets Other and its Accounts Payable 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 estimate.
Non Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Metalla Royalty's Non Currrent Assets Other and Accounts Payable is -0.06. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable 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 Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Metalla Royalty Streaming are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., Metalla Royalty's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Accounts Payable
An accounting item on the balance sheet that represents Metalla Royalty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Metalla Royalty Streaming are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 estimate. At present, Metalla Royalty's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 1.4 M, whereas Issuance Of Capital Stock is forecasted to decline to about 3.9 M.
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 | 50.3M | 101.5M | 112.6M | 130.9M | 276.0M | 289.8M | |
Other Current Liab | 392.8K | (1.3M) | (1.0M) | (1.2M) | (1.1M) | (1.0M) | |
Total Current Liabilities | 1.3M | 2.3M | 1.1M | 6.5M | 7.0M | 7.3M | |
Total Stockholder Equity | 45.2M | 80.4M | 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 | (69.4K) | (6.7M) | 8.2M | 6.0M | 518K | 353.6K | |
Retained Earnings | (28.4M) | (44.5M) | (45.4M) | (56.3M) | (63.4M) | (60.2M) | |
Cash | 3.4M | 6.7M | 2.3M | 4.6M | 14.1M | 14.8M | |
Non Current Assets Total | 46.5M | 83.2M | 106.1M | 121.3M | 258.4M | 271.3M | |
Cash And Short Term Investments | 3.4M | 6.7M | 2.3M | 4.6M | 5.2M | 5.5M | |
Common Stock Shares Outstanding | 33.9M | 37.8M | 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 | 2.9M | 1.3M | 734K | 560.8K | |
Total Liab | 5.1M | 6.8M | 12.1M | 12.3M | 23.1M | 24.3M | |
Property Plant And Equipment Gross | 62.4M | 69.6M | 111.5M | 134.8M | 270.1M | 283.6M | |
Total Current Assets | 3.8M | 13.1M | 6.5M | 9.6M | 17.7M | 18.5M | |
Accumulated Other Comprehensive Income | 5.5M | 7.1M | 12.1M | 13.2M | 15.2M | 15.9M | |
Short Long Term Debt Total | 4.6M | 3.1M | 10.5M | 10.6M | 12.2M | 12.8M | |
Non Current Liabilities Total | 3.8M | 3.9M | 11.0M | 5.8M | 16.2M | 17.0M | |
Short Term Debt | 138.8K | 2.1M | 2.8K | 5.2M | 6.0M | 6.3M | |
Common Stock | 66.5M | 124.9M | 133.9M | 161.7M | 186.0M | 195.2M | |
Accounts Payable | 937.6K | 1.8M | 1.0M | 1.2M | 5.1M | 5.3M | |
Net Receivables | 167.3K | 1.8M | 1.3M | 1.5M | 2.5M | 2.6M | |
Capital Surpluse | 6.4M | 7.4M | 9.2M | 11.2M | 12.9M | 7.0M | |
Property Plant Equipment | 13.6M | 45.0M | 3.7K | 63.7M | 73.3M | 77.0M | |
Other Liab | 145.2K | 506.3K | 511.4K | 468.1K | 538.3K | 565.2K | |
Net Tangible Assets | 59.2M | 48.1M | 74.4M | 100.6M | 115.6M | 121.4M | |
Long Term Debt | 4.6M | 3.1M | 10.5M | 5.3M | 13.0M | 13.7M | |
Long Term Investments | 2.2M | 2.0M | 1.3M | 595.0K | 450K | 427.5K | |
Net Invested Capital | 45.8M | 48.5M | 111.1M | 129.1M | 267.5M | 280.9M | |
Net Working Capital | 637.7K | 2.4M | 5.4M | 3.0M | 10.7M | 11.2M |
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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.When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock: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 estimate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metalla Royalty. If investors know Metalla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metalla Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 0.064 | Quarterly Revenue Growth (0.09) | Return On Assets (0.02) | Return On Equity (0.04) |
The market value of Metalla Royalty Streaming is measured differently than its book value, which is the value of Metalla that is recorded on the company's balance sheet. Investors also form their own opinion of Metalla Royalty's value that differs from its market value or its book value, called intrinsic value, which is Metalla Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metalla Royalty's market value can be influenced by many factors that don't directly affect Metalla Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.