Neometals Common Stock vs Other Stockholder Equity Analysis

NMT Stock

4.75 0.00 0.00%

Neometals financial indicator trend analysis is infinitely more than just investigating Neometals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neometals is a good investment. Please check the relationship between Neometals Common Stock and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neometals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock vs Other Stockholder Equity

Common Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neometals Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Neometals' Common Stock and Other Stockholder Equity is -0.34. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Neometals, assuming nothing else is changed. The correlation between historical values of Neometals' Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Neometals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., Neometals' Common Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock

Other Stockholder Equity

Most indicators from Neometals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neometals 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 Neometals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Neometals' Discontinued Operations is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	76.2K	29.9K	34.3K	32.6K
Depreciation And Amortization	457.1K	523.0K	601.5K	371.9K

Interest Expense Depreciation And Amortization

Neometals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Other Current Assets	Short Term Debt	Intangible Assets	Inventory	Current Deferred Revenue	Short Term Investments	Non Currrent Assets Other	Other Stockholder Equity
Total Assets		0.29	0.13	0.99	0.75	-0.89	0.66	0.89	0.74	0.89	0.0	0.34	0.31	0.21	0.92	0.41	-0.3	-0.01	-0.19	-0.4	0.75	0.31	0.09	0.15	-0.69	-0.65
Other Current Liab	0.29		0.95	0.18	0.54	-0.01	-0.05	0.01	0.51	0.02	0.31	0.07	0.79	0.95	0.08	0.3	-0.25	0.85	-0.05	-0.19	0.02	0.64	0.7	0.1	-0.02	0.23
Total Current Liabilities	0.13	0.95		0.01	0.48	0.08	-0.17	-0.09	0.43	-0.08	0.31	0.1	0.76	0.96	-0.06	0.31	-0.29	0.94	-0.16	0.02	-0.14	0.52	0.64	-0.04	0.17	0.36
Total Stockholder Equity	0.99	0.18	0.01		0.71	-0.91	0.7	0.91	0.7	0.91	-0.04	0.33	0.2	0.08	0.93	0.37	-0.28	-0.12	-0.18	-0.4	0.78	0.25	0.02	0.16	-0.72	-0.7
Property Plant And Equipment Net	0.75	0.54	0.48	0.71		-0.52	0.52	0.51	0.95	0.52	0.23	0.11	0.39	0.45	0.49	0.36	-0.52	0.35	-0.35	-0.18	0.44	0.25	0.22	0.35	-0.26	-0.14
Net Debt	-0.89	-0.01	0.08	-0.91	-0.52		-0.72	-1.0	-0.46	-1.0	0.27	-0.35	-0.15	0.01	-0.97	-0.3	0.36	0.17	0.34	0.28	-0.66	-0.24	0.11	-0.04	0.68	0.72
Retained Earnings	0.66	-0.05	-0.17	0.7	0.52	-0.72		0.71	0.45	0.72	-0.19	-0.28	-0.1	-0.17	0.67	-0.32	-0.51	-0.15	-0.38	-0.47	0.54	0.17	-0.13	0.61	-0.54	-0.41
Cash	0.89	0.01	-0.09	0.91	0.51	-1.0	0.71		0.45	1.0	-0.28	0.36	0.14	-0.01	0.98	0.31	-0.33	-0.18	-0.32	-0.28	0.67	0.24	-0.1	0.03	-0.69	-0.72
Non Current Assets Total	0.74	0.51	0.43	0.7	0.95	-0.46	0.45	0.45		0.46	0.45	0.22	0.35	0.4	0.44	0.44	-0.49	0.29	-0.33	-0.21	0.48	0.23	0.19	0.25	-0.27	-0.24
Cash And Short Term Investments	0.89	0.02	-0.08	0.91	0.52	-1.0	0.72	1.0	0.46		-0.28	0.36	0.15	-0.01	0.98	0.31	-0.34	-0.18	-0.32	-0.28	0.67	0.24	-0.09	0.05	-0.69	-0.72
Net Receivables	0.0	0.31	0.31	-0.04	0.23	0.27	-0.19	-0.28	0.45	-0.28		0.17	0.1	0.24	-0.28	0.22	-0.07	0.34	-0.13	-0.05	0.03	-0.02	0.15	-0.22	0.11	-0.05
Common Stock Shares Outstanding	0.34	0.07	0.1	0.33	0.11	-0.35	-0.28	0.36	0.22	0.36	0.17		0.17	0.11	0.37	0.89	0.16	-0.05	0.02	0.18	0.36	0.09	0.16	-0.7	-0.33	-0.5
Non Current Liabilities Total	0.31	0.79	0.76	0.2	0.39	-0.15	-0.1	0.14	0.35	0.15	0.1	0.17		0.91	0.22	0.44	-0.16	0.67	-0.04	-0.14	-0.16	0.56	0.39	-0.12	0.07	0.08
Total Liab	0.21	0.95	0.96	0.08	0.45	0.01	-0.17	-0.01	0.4	-0.01	0.24	0.11	0.91		0.04	0.37	-0.21	0.89	-0.08	-0.06	-0.15	0.57	0.58	-0.07	0.14	0.27
Total Current Assets	0.92	0.08	-0.06	0.93	0.49	-0.97	0.67	0.98	0.44	0.98	-0.28	0.37	0.22	0.04		0.33	-0.22	-0.17	-0.16	-0.38	0.7	0.3	-0.01	0.05	-0.76	-0.74
Common Stock	0.41	0.3	0.31	0.37	0.36	-0.3	-0.32	0.31	0.44	0.31	0.22	0.89	0.44	0.37	0.33		0.03	0.12	-0.01	0.18	0.2	0.12	0.17	-0.59	-0.16	-0.34
Short Long Term Debt Total	-0.3	-0.25	-0.29	-0.28	-0.52	0.36	-0.51	-0.33	-0.49	-0.34	-0.07	0.16	-0.16	-0.21	-0.22	0.03		-0.3	0.71	0.18	0.06	-0.2	0.11	-0.3	-0.04	0.08
Accounts Payable	-0.01	0.85	0.94	-0.12	0.35	0.17	-0.15	-0.18	0.29	-0.18	0.34	-0.05	0.67	0.89	-0.17	0.12	-0.3		-0.12	-0.06	-0.25	0.34	0.58	-0.07	0.22	0.37
Other Current Assets	-0.19	-0.05	-0.16	-0.18	-0.35	0.34	-0.38	-0.32	-0.33	-0.32	-0.13	0.02	-0.04	-0.08	-0.16	-0.01	0.71	-0.12		-0.37	0.02	-0.19	0.37	-0.08	-0.26	-0.05
Short Term Debt	-0.4	-0.19	0.02	-0.4	-0.18	0.28	-0.47	-0.28	-0.21	-0.28	-0.05	0.18	-0.14	-0.06	-0.38	0.18	0.18	-0.06	-0.37		-0.25	-0.1	-0.31	-0.35	0.64	0.45
Intangible Assets	0.75	0.02	-0.14	0.78	0.44	-0.66	0.54	0.67	0.48	0.67	0.03	0.36	-0.16	-0.15	0.7	0.2	0.06	-0.25	0.02	-0.25		0.18	0.2	0.15	-0.72	-0.6
Inventory	0.31	0.64	0.52	0.25	0.25	-0.24	0.17	0.24	0.23	0.24	-0.02	0.09	0.56	0.57	0.3	0.12	-0.2	0.34	-0.19	-0.1	0.18		0.47	0.19	-0.23	-0.01
Current Deferred Revenue	0.09	0.7	0.64	0.02	0.22	0.11	-0.13	-0.1	0.19	-0.09	0.15	0.16	0.39	0.58	-0.01	0.17	0.11	0.58	0.37	-0.31	0.2	0.47		0.12	-0.31	0.16
Short Term Investments	0.15	0.1	-0.04	0.16	0.35	-0.04	0.61	0.03	0.25	0.05	-0.22	-0.7	-0.12	-0.07	0.05	-0.59	-0.3	-0.07	-0.08	-0.35	0.15	0.19	0.12		-0.08	0.3
Non Currrent Assets Other	-0.69	-0.02	0.17	-0.72	-0.26	0.68	-0.54	-0.69	-0.27	-0.69	0.11	-0.33	0.07	0.14	-0.76	-0.16	-0.04	0.22	-0.26	0.64	-0.72	-0.23	-0.31	-0.08		0.76
Other Stockholder Equity	-0.65	0.23	0.36	-0.7	-0.14	0.72	-0.41	-0.72	-0.24	-0.72	-0.05	-0.5	0.08	0.27	-0.74	-0.34	0.08	0.37	-0.05	0.45	-0.6	-0.01	0.16	0.3	0.76

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Neometals Account Relationship Matchups

Neometals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.9M	2.5M	6.0M	3.1M	1.5M	2.7M
Net Debt	(108.2M)	(75.8M)	(93.2M)	(59.8M)	(5.0M)	(5.2M)
Net Receivables	170.8K	285.4K	337.7K	1.7M	734.9K	786.7K
Common Stock Shares Outstanding	544.5M	545.4M	552.0M	552.2M	635.0M	352.4M
Accounts Payable	856.4K	975.4K	916.8K	322.7K	26.8K	25.5K
Other Current Assets	214.4K	11.8M	180.3K	302.8K	20.4M	21.5M
Inventory	197.1K	200.4K	11.7M	233.0K	267.9K	254.6K
Other Stockholder Equity	(121.2K)	(137.7K)	(116.8K)	(82.7K)	(74.4K)	(78.1K)
Net Invested Capital	129.6M	146.8M	126.6M	93.5M	84.2M	104.1M
Long Term Investments	8.9M	15.5M	24.4M	20.4M	23.5M	17.8M
Capital Stock	154.4M	154.6M	145.6M	146.2M	131.6M	120.8M
Net Working Capital	74.8M	100.5M	59.2M	23.7M	21.4M	20.3M

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Other Information on Investing in Neometals Stock

Balance Sheet is a snapshot of the financial position of Neometals at a specified time, usually calculated after every quarter, six months, or one year. Neometals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Neometals 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 Neometals currently owns. An asset can also be divided into two categories, current and non-current.

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Neometals Common Stock vs Other Stockholder Equity Analysis

Common Stock vs Other Stockholder Equity

Common Stock vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Common Stock

Other Stockholder Equity

Neometals fundamental ratios Correlations

Neometals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Neometals fundamental ratios Accounts

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Other Information on Investing in Neometals Stock

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Liab	+ 0.96	Total Current Liabilities
Total Current Liabilities	+ 0.95	Other Current Liab

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Debt	- 0.91	Total Stockholder Equity
Net Debt	- 0.89	Total Assets
Non Currrent Assets Other	- 0.76	Total Current Assets