Metalla Total Assets vs Other Current Assets 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 Total Assets and its Other Current Assets 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.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Metalla Royalty's Total Assets and Other Current Assets is 0.41. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets 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 Total Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Metalla Royalty Streaming are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Metalla Royalty's Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Metalla Royalty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Metalla Royalty Streaming books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.