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 Retained Earnings and its Non Current Liabilities Total 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.
Retained Earnings vs Non Current Liabilities Total
Retained Earnings vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Neometals Retained Earnings account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Neometals' Retained Earnings and Non Current Liabilities Total is -0.1. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Neometals, assuming nothing else is changed. The correlation between historical values of Neometals' Retained Earnings and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Neometals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Retained Earnings i.e., Neometals' Retained Earnings and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Non Current Liabilities Total
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.
Neometals fundamental ratios Correlations
Click cells to compare fundamentals
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
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.