Emerge Net Receivables vs Property Plant And Equipment Gross Analysis

ECOM Stock  CAD 0.05  0.01  25.00%   
Emerge Commerce financial indicator trend analysis is much more than just examining Emerge Commerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerge Commerce is a good investment. Please check the relationship between Emerge Commerce Net Receivables and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Receivables vs Property Plant And Equipment Gross

Net Receivables vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerge Commerce Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Emerge Commerce's Net Receivables and Property Plant And Equipment Gross is 0.68. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Emerge Commerce, assuming nothing else is changed. The correlation between historical values of Emerge Commerce's Net Receivables and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Emerge Commerce are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Emerge Commerce's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Property Plant And Equipment Gross

Most indicators from Emerge Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerge Commerce 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Emerge Commerce's Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 13.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 687.6 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.1M23.8M11.9M13.5M
Total Revenue34.8M58.2M23.8M28.6M

Emerge Commerce fundamental ratios Correlations

0.930.97-0.92-0.720.88-0.20.320.340.770.850.740.480.060.48-0.560.55-0.390.530.830.69-0.790.70.740.510.77
0.930.93-0.97-0.690.97-0.410.480.160.860.90.790.690.250.68-0.490.75-0.360.730.810.86-0.840.880.920.720.93
0.970.93-0.91-0.740.95-0.310.210.280.830.90.710.510.130.45-0.460.57-0.40.580.840.69-0.820.70.730.550.76
-0.92-0.97-0.910.82-0.90.52-0.47-0.03-0.7-0.95-0.92-0.55-0.04-0.590.69-0.630.53-0.61-0.92-0.850.91-0.82-0.91-0.58-0.93
-0.72-0.69-0.740.82-0.660.57-0.240.11-0.3-0.9-0.91-0.020.48-0.080.89-0.120.84-0.1-0.95-0.490.94-0.43-0.6-0.06-0.66
0.880.970.95-0.9-0.66-0.40.320.210.910.910.70.660.30.58-0.360.7-0.370.710.760.8-0.810.80.830.70.84
-0.2-0.41-0.310.520.57-0.4-0.250.79-0.14-0.62-0.68-0.340.0-0.350.48-0.390.4-0.39-0.64-0.560.64-0.53-0.6-0.36-0.61
0.320.480.21-0.47-0.240.32-0.25-0.130.290.280.440.440.090.69-0.360.460.010.380.260.44-0.440.70.640.420.68
0.340.160.28-0.030.110.210.79-0.130.38-0.04-0.25-0.050.08-0.120.21-0.070.05-0.05-0.16-0.120.12-0.13-0.14-0.04-0.15
0.770.860.83-0.7-0.30.91-0.140.290.380.650.370.80.610.690.010.80.030.820.460.7-0.530.780.70.830.69
0.850.90.9-0.95-0.90.91-0.620.28-0.040.650.910.42-0.040.4-0.680.51-0.660.510.950.77-0.950.70.820.470.84
0.740.790.71-0.92-0.910.7-0.680.44-0.250.370.910.32-0.230.41-0.880.43-0.710.390.950.76-0.910.670.840.340.86
0.480.690.51-0.55-0.020.66-0.340.44-0.050.80.420.320.840.940.130.990.30.990.270.81-0.290.880.761.00.72
0.060.250.13-0.040.480.30.00.090.080.61-0.04-0.230.840.680.640.770.650.8-0.240.420.220.480.30.830.23
0.480.680.45-0.59-0.080.58-0.350.69-0.120.690.40.410.940.68-0.050.950.280.910.30.79-0.350.930.820.930.8
-0.56-0.49-0.460.690.89-0.360.48-0.360.210.01-0.68-0.880.130.64-0.050.010.820.06-0.82-0.410.77-0.31-0.520.11-0.57
0.550.750.57-0.63-0.120.7-0.390.46-0.070.80.510.430.990.770.950.010.21.00.370.87-0.370.910.830.990.78
-0.39-0.36-0.40.530.84-0.370.40.010.050.03-0.66-0.710.30.650.280.820.20.2-0.69-0.280.67-0.03-0.320.26-0.34
0.530.730.58-0.61-0.10.71-0.390.38-0.050.820.510.390.990.80.910.061.00.20.360.86-0.350.880.80.990.75
0.830.810.84-0.92-0.950.76-0.640.26-0.160.460.950.950.27-0.240.3-0.820.37-0.690.360.67-0.950.610.740.310.78
0.690.860.69-0.85-0.490.8-0.560.44-0.120.70.770.760.810.420.79-0.410.87-0.280.860.67-0.630.880.960.820.91
-0.79-0.84-0.820.910.94-0.810.64-0.440.12-0.53-0.95-0.91-0.290.22-0.350.77-0.370.67-0.35-0.95-0.63-0.67-0.77-0.33-0.83
0.70.880.7-0.82-0.430.8-0.530.7-0.130.780.70.670.880.480.93-0.310.91-0.030.880.610.88-0.670.940.880.95
0.740.920.73-0.91-0.60.83-0.60.64-0.140.70.820.840.760.30.82-0.520.83-0.320.80.740.96-0.770.940.770.99
0.510.720.55-0.58-0.060.7-0.360.42-0.040.830.470.341.00.830.930.110.990.260.990.310.82-0.330.880.770.74
0.770.930.76-0.93-0.660.84-0.610.68-0.150.690.840.860.720.230.8-0.570.78-0.340.750.780.91-0.830.950.990.74
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Emerge Commerce Account Relationship Matchups

Emerge Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities21.0M21.5M43.0M43.1M28.1M29.7M
Retained Earnings(11.2M)(15.8M)(20.0M)(37.2M)(57.5M)(54.7M)
Accounts Payable7.4M10.6M11.9M11.7M8.8M10.0M
Net Receivables697.7K198.1K850.6K1.7M460.2K833.7K
Total Current Assets10.8M15.2M16.4M15.3M5.8M5.5M

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Additional Tools for Emerge Stock Analysis

When running Emerge Commerce's price analysis, check to measure Emerge Commerce's 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 Emerge Commerce is operating at the current time. Most of Emerge Commerce's value examination focuses on studying past and present price action to predict the probability of Emerge Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerge Commerce's price. Additionally, you may evaluate how the addition of Emerge Commerce to your portfolios can decrease your overall portfolio volatility.