BeMetals Total Current Liabilities vs Net Tangible 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 Total Current Liabilities and its Net Tangible 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.

Total Current Liabilities vs Net Tangible Assets

Total Current Liabilities vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BeMetals Corp Total Current Liabilities account and Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BeMetals Corp's Total Current Liabilities and Net Tangible Assets is 0.14. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Tangible 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 Total Current Liabilities and Net Tangible 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 Current Liabilities of BeMetals Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Liabilities i.e., BeMetals Corp's Total Current Liabilities and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on BeMetals Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BeMetals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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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