Neometals Selling General Administrative vs Property Plant Equipment Analysis

NMT Stock   4.75  0.17  3.71%   
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 Selling General Administrative and its Property Plant Equipment 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.

Selling General Administrative vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neometals Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Neometals' Selling General Administrative and Property Plant Equipment is 0.3. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Neometals, assuming nothing else is changed. The correlation between historical values of Neometals' Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Neometals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., Neometals' Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Property Plant Equipment

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 Expense76.2K29.9K34.3K32.6K
Depreciation And Amortization457.1K523.0K601.5K371.9K

Neometals fundamental ratios Correlations

0.290.130.990.75-0.890.660.890.740.890.00.340.310.210.920.41-0.3-0.01-0.19-0.40.750.310.090.15-0.69-0.65
0.290.950.180.54-0.01-0.050.010.510.020.310.070.790.950.080.3-0.250.85-0.05-0.190.020.640.70.1-0.020.23
0.130.950.010.480.08-0.17-0.090.43-0.080.310.10.760.96-0.060.31-0.290.94-0.160.02-0.140.520.64-0.040.170.36
0.990.180.010.71-0.910.70.910.70.91-0.040.330.20.080.930.37-0.28-0.12-0.18-0.40.780.250.020.16-0.72-0.7
0.750.540.480.71-0.520.520.510.950.520.230.110.390.450.490.36-0.520.35-0.35-0.180.440.250.220.35-0.26-0.14
-0.89-0.010.08-0.91-0.52-0.72-1.0-0.46-1.00.27-0.35-0.150.01-0.97-0.30.360.170.340.28-0.66-0.240.11-0.040.680.72
0.66-0.05-0.170.70.52-0.720.710.450.72-0.19-0.28-0.1-0.170.67-0.32-0.51-0.15-0.38-0.470.540.17-0.130.61-0.54-0.41
0.890.01-0.090.910.51-1.00.710.451.0-0.280.360.14-0.010.980.31-0.33-0.18-0.32-0.280.670.24-0.10.03-0.69-0.72
0.740.510.430.70.95-0.460.450.450.460.450.220.350.40.440.44-0.490.29-0.33-0.210.480.230.190.25-0.27-0.24
0.890.02-0.080.910.52-1.00.721.00.46-0.280.360.15-0.010.980.31-0.34-0.18-0.32-0.280.670.24-0.090.05-0.69-0.72
0.00.310.31-0.040.230.27-0.19-0.280.45-0.280.170.10.24-0.280.22-0.070.34-0.13-0.050.03-0.020.15-0.220.11-0.05
0.340.070.10.330.11-0.35-0.280.360.220.360.170.170.110.370.890.16-0.050.020.180.360.090.16-0.7-0.33-0.5
0.310.790.760.20.39-0.15-0.10.140.350.150.10.170.910.220.44-0.160.67-0.04-0.14-0.160.560.39-0.120.070.08
0.210.950.960.080.450.01-0.17-0.010.4-0.010.240.110.910.040.37-0.210.89-0.08-0.06-0.150.570.58-0.070.140.27
0.920.08-0.060.930.49-0.970.670.980.440.98-0.280.370.220.040.33-0.22-0.17-0.16-0.380.70.3-0.010.05-0.76-0.74
0.410.30.310.370.36-0.3-0.320.310.440.310.220.890.440.370.330.030.12-0.010.180.20.120.17-0.59-0.16-0.34
-0.3-0.25-0.29-0.28-0.520.36-0.51-0.33-0.49-0.34-0.070.16-0.16-0.21-0.220.03-0.30.710.180.06-0.20.11-0.3-0.040.08
-0.010.850.94-0.120.350.17-0.15-0.180.29-0.180.34-0.050.670.89-0.170.12-0.3-0.12-0.06-0.250.340.58-0.070.220.37
-0.19-0.05-0.16-0.18-0.350.34-0.38-0.32-0.33-0.32-0.130.02-0.04-0.08-0.16-0.010.71-0.12-0.370.02-0.190.37-0.08-0.26-0.05
-0.4-0.190.02-0.4-0.180.28-0.47-0.28-0.21-0.28-0.050.18-0.14-0.06-0.380.180.18-0.06-0.37-0.25-0.1-0.31-0.350.640.45
0.750.02-0.140.780.44-0.660.540.670.480.670.030.36-0.16-0.150.70.20.06-0.250.02-0.250.180.20.15-0.72-0.6
0.310.640.520.250.25-0.240.170.240.230.24-0.020.090.560.570.30.12-0.20.34-0.19-0.10.180.470.19-0.23-0.01
0.090.70.640.020.220.11-0.13-0.10.19-0.090.150.160.390.58-0.010.170.110.580.37-0.310.20.470.12-0.310.16
0.150.1-0.040.160.35-0.040.610.030.250.05-0.22-0.7-0.12-0.070.05-0.59-0.3-0.07-0.08-0.350.150.190.12-0.080.3
-0.69-0.020.17-0.72-0.260.68-0.54-0.69-0.27-0.690.11-0.330.070.14-0.76-0.16-0.040.22-0.260.64-0.72-0.23-0.31-0.080.76
-0.650.230.36-0.7-0.140.72-0.41-0.72-0.24-0.72-0.05-0.50.080.27-0.74-0.340.080.37-0.050.45-0.6-0.010.160.30.76
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Neometals Account Relationship Matchups

Neometals fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.9M2.5M6.0M3.1M1.5M2.7M
Net Debt(108.2M)(75.8M)(93.2M)(59.8M)(5.0M)(5.2M)
Net Receivables170.8K285.4K337.7K1.7M734.9K786.7K
Common Stock Shares Outstanding544.5M545.4M552.0M552.2M635.0M352.4M
Accounts Payable856.4K975.4K916.8K322.7K26.8K25.5K
Other Current Assets214.4K11.8M180.3K302.8K20.4M21.5M
Inventory197.1K200.4K11.7M233.0K267.9K254.6K
Other Stockholder Equity(121.2K)(137.7K)(116.8K)(82.7K)(74.4K)(78.1K)
Net Invested Capital129.6M146.8M126.6M93.5M84.2M104.1M
Long Term Investments8.9M15.5M24.4M20.4M23.5M17.8M
Capital Stock154.4M154.6M145.6M146.2M131.6M120.8M
Net Working Capital74.8M100.5M59.2M23.7M21.4M20.3M

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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.