BeMetals Other Stockholder Equity vs Total Assets Analysis

BMET Stock  CAD 0.05  0  5.00%   
BeMetals Corp financial indicator trend analysis is way more than just evaluating BeMetals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BeMetals Corp is a good investment. Please check the relationship between BeMetals Corp Other Stockholder Equity and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeMetals Corp. 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.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BeMetals Corp Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BeMetals Corp's Other Stockholder Equity and Total Assets is 0.9. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of BeMetals Corp, assuming nothing else is changed. The correlation between historical values of BeMetals Corp's Other Stockholder Equity and Total 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 Other Stockholder Equity of BeMetals Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., BeMetals Corp's Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of BeMetals Corp 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 BeMetals Corp 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.
Most indicators from BeMetals Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BeMetals Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BeMetals Corp. 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.
Enterprise Value is likely to climb to about 25 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2023 2024 (projected)
Other Operating Expenses2.5M2.6M
Gross Profit2.9K2.1K

BeMetals Corp fundamental ratios Correlations

0.180.980.28-0.870.710.990.990.950.030.90.720.770.830.750.590.680.660.980.990.970.74-0.560.950.97-0.56
0.180.17-0.01-0.160.130.180.10.25-0.180.050.140.140.010.410.20.350.250.140.170.180.00.00.090.150.0
0.980.170.08-0.740.80.950.940.89-0.030.840.550.850.720.710.540.640.580.930.930.980.82-0.420.910.93-0.42
0.28-0.010.08-0.66-0.40.370.410.420.360.440.83-0.310.720.240.20.210.490.440.430.15-0.33-0.840.350.3-0.84
-0.87-0.16-0.74-0.66-0.42-0.89-0.92-0.92-0.12-0.89-0.96-0.5-0.91-0.71-0.7-0.64-0.74-0.93-0.93-0.8-0.470.72-0.88-0.880.72
0.710.130.8-0.4-0.420.620.630.58-0.240.550.160.990.240.480.570.440.220.610.610.790.990.130.640.70.13
0.990.180.950.37-0.890.620.990.960.070.910.770.690.880.760.560.680.70.990.990.950.66-0.650.950.96-0.65
0.990.10.940.41-0.920.630.990.960.090.930.790.70.890.720.60.660.691.01.00.950.68-0.650.950.96-0.65
0.950.250.890.42-0.920.580.960.960.00.940.810.650.860.850.680.840.80.960.970.90.61-0.650.90.92-0.65
0.03-0.18-0.030.36-0.12-0.240.070.090.00.060.2-0.20.24-0.13-0.17-0.19-0.120.090.08-0.05-0.21-0.360.030.0-0.36
0.90.050.840.44-0.890.550.910.930.940.060.770.620.890.770.760.740.740.930.930.860.6-0.650.890.89-0.65
0.720.140.550.83-0.960.160.770.790.810.20.770.250.890.620.570.560.70.810.810.620.22-0.810.730.72-0.81
0.770.140.85-0.31-0.50.990.690.70.65-0.20.620.250.330.530.60.490.280.680.680.830.990.030.70.750.03
0.830.010.720.72-0.910.240.880.890.860.240.890.890.330.620.490.560.720.90.90.740.31-0.870.850.81-0.87
0.750.410.710.24-0.710.480.760.720.85-0.130.770.620.530.620.70.880.750.720.750.710.49-0.450.660.7-0.45
0.590.20.540.2-0.70.570.560.60.68-0.170.760.570.60.490.70.660.570.60.620.630.58-0.170.650.67-0.17
0.680.350.640.21-0.640.440.680.660.84-0.190.740.560.490.560.880.660.810.640.670.630.43-0.410.590.62-0.41
0.660.250.580.49-0.740.220.70.690.8-0.120.740.70.280.720.750.570.810.690.710.640.25-0.540.70.69-0.54
0.980.140.930.44-0.930.610.991.00.960.090.930.810.680.90.720.60.640.691.00.940.65-0.670.950.96-0.67
0.990.170.930.43-0.930.610.991.00.970.080.930.810.680.90.750.620.670.711.00.940.65-0.660.950.96-0.66
0.970.180.980.15-0.80.790.950.950.9-0.050.860.620.830.740.710.630.630.640.940.940.82-0.390.970.98-0.39
0.740.00.82-0.33-0.470.990.660.680.61-0.210.60.220.990.310.490.580.430.250.650.650.820.060.690.740.06
-0.560.0-0.42-0.840.720.13-0.65-0.65-0.65-0.36-0.65-0.810.03-0.87-0.45-0.17-0.41-0.54-0.67-0.66-0.390.06-0.5-0.471.0
0.950.090.910.35-0.880.640.950.950.90.030.890.730.70.850.660.650.590.70.950.950.970.69-0.50.99-0.5
0.970.150.930.3-0.880.70.960.960.920.00.890.720.750.810.70.670.620.690.960.960.980.74-0.470.99-0.47
-0.560.0-0.42-0.840.720.13-0.65-0.65-0.65-0.36-0.65-0.810.03-0.87-0.45-0.17-0.41-0.54-0.67-0.66-0.390.061.0-0.5-0.47
Click cells to compare fundamentals

BeMetals Corp Account Relationship Matchups

BeMetals Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9M16.3M36.0M28.9M30.3M31.9M
Total Current Liabilities1.4M81.5K135.4K376.9K211.6K210.8K
Total Stockholder Equity9.5M16.3M35.8M21.7M20.8M21.8M
Net Debt(1.2M)(3.2M)(6.4M)894.9K8.8M9.2M
Retained Earnings(4.6M)(5.9M)(8.5M)(23.2M)(25.2M)(23.9M)
Cash1.2M3.2M6.4M6.0M562.4K534.2K
Non Current Assets Total9.6M13.1M29.4M22.7M29.4M30.8M
Cash And Short Term Investments1.2M3.2M6.4M6.0M6.9M7.3M
Common Stock Shares Outstanding91.5M112.6M161.1M177.4M204.0M214.2M
Liabilities And Stockholders Equity10.9M16.3M36.0M28.9M33.3M35.0M
Other Stockholder Equity621.3K670.9K1.8M3.4M3.9M4.1M
Total Liab1.4M81.5K135.4K7.3M9.6M10.0M
Total Current Assets1.3M3.3M6.6M6.3M983.7K1.4M
Net Receivables3.2K11.0K156.3K129.2K327.0K343.3K
Accounts Payable62.3K81.5K135.4K376.9K211.6K108.1K
Accumulated Other Comprehensive Income670.9K1.8M3.4M4.0M4.6M4.8M
Net Tangible Assets1.3M9.5M16.3M35.8M41.2M43.3M
Common Stock4.5M13.4M20.4M40.9M47.0M49.4M
Net Invested Capital9.5M16.3M35.8M28.6M30.1M19.1M
Net Working Capital(100.8K)3.2M6.5M5.9M772.1K733.5K
Property Plant And Equipment Net6.3M9.2M24.4M22.0M29.0M17.3M

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