CMC Long Term Debt vs Short Term Debt Analysis

CMB Stock  CAD 0.02  0.01  33.33%   
CMC Metals financial indicator trend analysis is way more than just evaluating CMC Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CMC Metals is a good investment. Please check the relationship between CMC Metals Long Term Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMC Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMC Metals Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between CMC Metals' Long Term Debt and Short Term Debt is 0.2. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of CMC Metals, assuming nothing else is changed. The correlation between historical values of CMC Metals' Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of CMC Metals are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., CMC Metals' Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that CMC Metals has held for over one year. Long-term debt appears on CMC Metals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CMC Metals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from CMC Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CMC Metals 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 CMC Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 12.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 511.5 K in 2024.

CMC Metals fundamental ratios Correlations

-0.040.960.230.52-0.02-0.110.99-0.13-0.12-0.27-0.270.780.2-0.160.210.990.130.610.120.16-0.68-0.120.020.710.29
-0.04-0.30.87-0.06-0.47-0.450.02-0.46-0.39-0.45-0.44-0.080.93-0.490.780.020.01-0.590.20.850.25-0.430.74-0.240.22
0.96-0.30.010.560.060.00.94-0.02-0.04-0.19-0.180.76-0.07-0.050.010.940.120.70.09-0.06-0.730.04-0.140.760.25
0.230.870.010.36-0.67-0.70.32-0.72-0.66-0.69-0.610.120.82-0.770.950.33-0.07-0.40.290.95-0.19-0.130.830.210.37
0.52-0.060.560.36-0.66-0.320.56-0.36-0.48-0.77-0.660.4-0.13-0.470.530.590.010.080.360.36-0.80.650.460.840.53
-0.02-0.470.06-0.67-0.660.42-0.090.460.520.940.88-0.11-0.240.58-0.8-0.12-0.130.53-0.65-0.660.25-0.39-0.82-0.3-0.43
-0.11-0.450.0-0.7-0.320.42-0.211.00.840.380.21-0.09-0.40.97-0.55-0.230.520.24-0.01-0.530.2-0.09-0.56-0.22-0.13
0.990.020.940.320.56-0.09-0.21-0.23-0.22-0.33-0.320.770.24-0.270.281.00.090.560.150.23-0.7-0.090.090.730.32
-0.13-0.46-0.02-0.72-0.360.461.0-0.230.850.430.26-0.1-0.40.98-0.58-0.250.480.24-0.04-0.570.23-0.11-0.57-0.25-0.17
-0.12-0.39-0.04-0.66-0.480.520.84-0.220.850.50.320.02-0.30.91-0.61-0.230.50.26-0.04-0.550.37-0.24-0.65-0.33-0.26
-0.27-0.45-0.19-0.69-0.770.940.38-0.330.430.50.95-0.2-0.280.55-0.82-0.36-0.190.41-0.69-0.660.39-0.31-0.79-0.48-0.47
-0.27-0.44-0.18-0.61-0.660.880.21-0.320.260.320.95-0.23-0.290.39-0.73-0.34-0.430.4-0.76-0.60.27-0.16-0.65-0.38-0.42
0.78-0.080.760.120.4-0.11-0.090.77-0.10.02-0.2-0.230.11-0.110.10.770.180.50.150.05-0.43-0.050.00.410.3
0.20.93-0.070.82-0.13-0.24-0.40.24-0.4-0.3-0.28-0.290.11-0.410.680.230.04-0.270.090.780.14-0.590.56-0.140.16
-0.16-0.49-0.05-0.77-0.470.580.97-0.270.980.910.550.39-0.11-0.41-0.67-0.290.430.3-0.1-0.630.3-0.15-0.66-0.31-0.25
0.210.780.010.950.53-0.8-0.550.28-0.58-0.61-0.82-0.730.10.68-0.670.30.02-0.40.410.96-0.30.110.870.320.52
0.990.020.940.330.59-0.12-0.231.0-0.25-0.23-0.36-0.340.770.23-0.290.30.080.540.160.24-0.71-0.060.120.750.33
0.130.010.12-0.070.01-0.130.520.090.480.5-0.19-0.430.180.040.430.020.080.040.410.040.1-0.22-0.21-0.01-0.02
0.61-0.590.7-0.40.080.530.240.560.240.260.410.40.5-0.270.3-0.40.540.04-0.21-0.39-0.550.06-0.580.51-0.08
0.120.20.090.290.36-0.65-0.010.15-0.04-0.04-0.69-0.760.150.09-0.10.410.160.41-0.210.23-0.060.130.380.210.24
0.160.85-0.060.950.36-0.66-0.530.23-0.57-0.55-0.66-0.60.050.78-0.630.960.240.04-0.390.23-0.2-0.040.770.20.48
-0.680.25-0.73-0.19-0.80.250.2-0.70.230.370.390.27-0.430.140.3-0.3-0.710.1-0.55-0.06-0.2-0.52-0.16-0.96-0.31
-0.12-0.430.04-0.130.65-0.39-0.09-0.09-0.11-0.24-0.31-0.16-0.05-0.59-0.150.11-0.06-0.220.060.13-0.04-0.520.160.480.38
0.020.74-0.140.830.46-0.82-0.560.09-0.57-0.65-0.79-0.650.00.56-0.660.870.12-0.21-0.580.380.77-0.160.160.150.37
0.71-0.240.760.210.84-0.3-0.220.73-0.25-0.33-0.48-0.380.41-0.14-0.310.320.75-0.010.510.210.2-0.960.480.150.28
0.290.220.250.370.53-0.43-0.130.32-0.17-0.26-0.47-0.420.30.16-0.250.520.33-0.02-0.080.240.48-0.310.380.370.28
Click cells to compare fundamentals

CMC Metals Account Relationship Matchups

CMC Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets694.8K1.0M1.7M946.2K1.1M1.0M
Total Current Liabilities936.4K798.6K925.1K942.1K1.1M1.1M
Total Stockholder Equity(262.7K)(196.5K)178.2K(603.5K)(543.2K)(516.0K)
Net Debt(279.5K)(499.5K)(858.9K)(127.5K)(146.6K)(139.3K)
Retained Earnings(21.5M)(24.6M)(28.8M)(32.3M)(29.1M)(27.6M)
Accounts Payable228.7K283.7K394.7K433.2K498.2K523.1K
Cash300.6K524.1K891.7K166.0K190.8K269.4K
Non Current Assets Total258.2K402.3K487.5K582.2K524.0K497.8K
Cash And Short Term Investments300.6K524.1K916.7K191.0K219.6K307.6K
Net Receivables105.4K62.3K229.4K42.5K48.9K46.2K
Common Stock Shares Outstanding51.1M80.4M110.5M137.3M157.8M165.7M
Liabilities And Stockholders Equity694.8K1.0M1.7M946.2K1.1M1.0M
Other Current Assets30.5K30.7K77.6K130.5K150.1K157.6K
Other Stockholder Equity613.9K958.3K2.3M(42K)(37.8K)(35.9K)
Total Liab957.5K1.2M1.5M1.5M1.8M1.6M
Total Current Assets436.5K617.1K1.2M364.0K418.6K422.9K
Short Long Term Debt Total21.1K24.6K32.9K38.4K44.2K42.0K
Non Currrent Assets Other258.2K402.3K421.0K(42K)(48.3K)(45.9K)
Non Current Liabilities Total21.1K417.4K608.0K607.7K546.9K444.4K
Other Current Liab707.7K514.9K530.3K508.9K585.2K369.3K
Accumulated Other Comprehensive Income613.9K958.3K2.3M3.1M3.6M3.8M
Common Stock20.7M23.4M26.7M28.7M33.0M21.6M
Net Tangible Assets(1.4M)(262.7K)(196.5K)178.2K205.0K215.2K
Other Assets256.4K258.2K402.3K421.0K484.2K317.2K
Net Invested Capital(241.6K)(171.8K)211.1K(565.1K)(649.9K)(682.4K)
Net Working Capital(499.9K)(181.4K)298.7K(578.1K)(664.8K)(698.0K)
Capital Stock20.7M23.4M26.7M28.7M33.0M25.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CMC Stock Analysis

When running CMC Metals' price analysis, check to measure CMC Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMC Metals is operating at the current time. Most of CMC Metals' value examination focuses on studying past and present price action to predict the probability of CMC Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMC Metals' price. Additionally, you may evaluate how the addition of CMC Metals to your portfolios can decrease your overall portfolio volatility.