Everest Change To Account Receivables vs Depreciation Analysis

EMC Stock

0.13 0.01 7.14%

Everest Metals financial indicator trend analysis is much more than just examining Everest Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everest Metals is a good investment. Please check the relationship between Everest Metals Change To Account Receivables and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest 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.

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everest Metals Change To Account Receivables account and Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Everest Metals' Change To Account Receivables and Depreciation is 0.36. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of Everest Metals, assuming nothing else is changed. The correlation between historical values of Everest Metals' Change To Account Receivables and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Everest Metals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Account Receivables i.e., Everest Metals' Change To Account Receivables and Depreciation go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change To Account Receivables

Depreciation

Depreciation indicates how much of Everest Metals value has been used up. For tax purposes Everest Metals can deduct the cost of the tangible assets it purchases as business expenses. However, Everest Metals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Everest Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everest 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest 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.

Selling General Administrative is likely to drop to about 627.7 K in 2025. Issuance Of Capital Stock is likely to drop to 956.75 in 2025

	2024	2025 (projected)
Interest Expense	2.6K	2.1K
Depreciation And Amortization	31.9K	16.6K

Interest Expense Depreciation And Amortization

Everest Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Short Term Investments	Net Invested Capital	Capital Stock	Cash And Equivalents	Net Working Capital
Total Assets		0.08	0.99	0.9	-0.3	0.15	-0.06	0.33	0.96	0.32	0.47	-0.02	0.08	0.35	0.6	0.48	0.1	-0.02	0.35	0.15	0.09	0.19	0.01	0.02	0.02	-0.02
Total Current Liabilities	0.08		-0.01	0.02	-0.41	-0.67	0.94	0.2	0.02	0.2	0.12	0.91	1.0	0.22	0.54	-0.53	1.0	-0.22	0.24	0.33	0.03	-0.42	0.66	0.72	0.57	0.36
Total Stockholder Equity	0.99	-0.01		0.9	-0.27	0.23	-0.15	0.3	0.96	0.29	0.46	-0.1	-0.02	0.32	0.52	0.53	0.01	0.0	0.33	0.11	0.09	0.23	-0.05	-0.05	-0.03	-0.04
Property Plant And Equipment Net	0.9	0.02	0.9		-0.01	0.23	-0.12	0.02	0.95	0.01	0.32	-0.17	0.02	0.02	0.47	0.51	0.04	-0.08	0.48	-0.22	-0.25	0.32	-0.17	-0.17	-0.18	-0.14
Net Debt	-0.3	-0.41	-0.27	-0.01		0.0	-0.36	-0.96	-0.03	-0.96	-0.29	-0.43	-0.4	-0.95	-0.19	0.01	-0.42	-0.25	-0.41	-0.25	-0.7	0.2	-0.46	-0.45	-0.46	-0.4
Retained Earnings	0.15	-0.67	0.23	0.23	0.0		-0.72	0.12	0.14	0.12	-0.11	-0.85	-0.67	0.08	-0.64	0.83	-0.65	0.56	0.07	-0.5	0.27	0.77	-0.81	-0.83	-0.74	-0.56
Accounts Payable	-0.06	0.94	-0.15	-0.12	-0.36	-0.72		0.16	-0.12	0.16	0.14	0.9	0.94	0.18	0.48	-0.63	0.92	-0.24	0.24	0.32	-0.02	-0.56	0.65	0.7	0.57	0.37
Cash	0.33	0.2	0.3	0.02	-0.96	0.12	0.16		0.04	1.0	0.31	0.25	0.2	1.0	0.15	0.11	0.22	0.33	0.36	0.24	0.74	-0.12	0.34	0.33	0.37	0.31
Non Current Assets Total	0.96	0.02	0.96	0.95	-0.03	0.14	-0.12	0.04		0.03	0.39	-0.11	0.01	0.06	0.58	0.48	0.03	-0.12	0.27	0.07	-0.13	0.24	-0.1	-0.08	-0.1	-0.12
Cash And Short Term Investments	0.32	0.2	0.29	0.01	-0.96	0.12	0.16	1.0	0.03		0.3	0.25	0.2	1.0	0.14	0.1	0.22	0.33	0.35	0.24	0.75	-0.12	0.34	0.32	0.37	0.31
Net Receivables	0.47	0.12	0.46	0.32	-0.29	-0.11	0.14	0.31	0.39	0.3		0.11	0.13	0.38	0.41	0.05	0.11	0.09	0.18	0.31	-0.09	-0.06	0.13	0.13	0.14	0.09
Common Stock Shares Outstanding	-0.02	0.91	-0.1	-0.17	-0.43	-0.85	0.9	0.25	-0.11	0.25	0.11		0.91	0.27	0.6	-0.72	0.9	-0.36	0.15	0.5	0.09	-0.7	0.86	0.9	0.76	0.56
Total Liab	0.08	1.0	-0.02	0.02	-0.4	-0.67	0.94	0.2	0.01	0.2	0.13	0.91		0.21	0.54	-0.51	1.0	-0.19	0.23	0.33	0.02	-0.41	0.65	0.71	0.56	0.35
Total Current Assets	0.35	0.22	0.32	0.02	-0.95	0.08	0.18	1.0	0.06	1.0	0.38	0.27	0.21		0.19	0.09	0.23	0.32	0.32	0.3	0.73	-0.13	0.36	0.35	0.39	0.32
Common Stock	0.6	0.54	0.52	0.47	-0.19	-0.64	0.48	0.15	0.58	0.14	0.41	0.6	0.54	0.19		-0.29	0.54	-0.45	0.18	0.51	-0.15	-0.44	0.65	0.69	0.59	0.38
Short Long Term Debt Total	0.48	-0.53	0.53	0.51	0.01	0.83	-0.63	0.11	0.48	0.1	0.05	-0.72	-0.51	0.09	-0.29		-0.5	0.68	0.03	-0.29	0.21	0.78	-0.65	-0.66	-0.6	-0.49
Other Current Liab	0.1	1.0	0.01	0.04	-0.42	-0.65	0.92	0.22	0.03	0.22	0.11	0.9	1.0	0.23	0.54	-0.5		-0.2	0.24	0.32	0.05	-0.39	0.65	0.71	0.56	0.35
Non Current Liabilities Total	-0.02	-0.22	0.0	-0.08	-0.25	0.56	-0.24	0.33	-0.12	0.33	0.09	-0.36	-0.19	0.32	-0.45	0.68	-0.2		-0.03	-0.13	0.4	0.51	-0.37	-0.36	-0.34	-0.31
Inventory	0.35	0.24	0.33	0.48	-0.41	0.07	0.24	0.36	0.27	0.35	0.18	0.15	0.23	0.32	0.18	0.03	0.24	-0.03		-0.54	-0.13	-0.2	0.11	0.09	0.08	0.19
Other Current Assets	0.15	0.33	0.11	-0.22	-0.25	-0.5	0.32	0.24	0.07	0.24	0.31	0.5	0.33	0.3	0.51	-0.29	0.32	-0.13	-0.54		0.42	-0.38	0.48	0.53	0.46	0.18
Short Term Debt	0.09	0.03	0.09	-0.25	-0.7	0.27	-0.02	0.74	-0.13	0.75	-0.09	0.09	0.02	0.73	-0.15	0.21	0.05	0.4	-0.13	0.42		0.02	0.08	0.1	0.08	-0.03
Short Term Investments	0.19	-0.42	0.23	0.32	0.2	0.77	-0.56	-0.12	0.24	-0.12	-0.06	-0.7	-0.41	-0.13	-0.44	0.78	-0.39	0.51	-0.2	-0.38	0.02		-0.73	-0.72	-0.67	-0.59
Net Invested Capital	0.01	0.66	-0.05	-0.17	-0.46	-0.81	0.65	0.34	-0.1	0.34	0.13	0.86	0.65	0.36	0.65	-0.65	0.65	-0.37	0.11	0.48	0.08	-0.73		0.98	0.95	0.83
Capital Stock	0.02	0.72	-0.05	-0.17	-0.45	-0.83	0.7	0.33	-0.08	0.32	0.13	0.9	0.71	0.35	0.69	-0.66	0.71	-0.36	0.09	0.53	0.1	-0.72	0.98		0.89	0.72
Cash And Equivalents	0.02	0.57	-0.03	-0.18	-0.46	-0.74	0.57	0.37	-0.1	0.37	0.14	0.76	0.56	0.39	0.59	-0.6	0.56	-0.34	0.08	0.46	0.08	-0.67	0.95	0.89		0.92
Net Working Capital	-0.02	0.36	-0.04	-0.14	-0.4	-0.56	0.37	0.31	-0.12	0.31	0.09	0.56	0.35	0.32	0.38	-0.49	0.35	-0.31	0.19	0.18	-0.03	-0.59	0.83	0.72	0.92

Click cells to compare fundamentals

Everest Metals Account Relationship Matchups

Everest Metals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.4M	7.6M	9.7M	10.8M	9.7M	7.9M
Total Current Liabilities	110.2K	173.3K	527.1K	2.3M	2.7M	2.8M
Total Stockholder Equity	8.3M	7.4M	9.2M	8.5M	7.6M	7.6M
Property Plant And Equipment Net	5.2M	6.0M	17.4K	7.5M	6.8M	5.5M
Net Debt	(3.1M)	(1.5M)	(2.1M)	(3.1M)	(3.5M)	(3.7M)
Retained Earnings	(18.0M)	(18.9M)	(21.3M)	(24.7M)	(22.2M)	(21.1M)
Accounts Payable	62.4K	52.9K	106.2K	318.3K	366.1K	384.4K
Cash	3.1M	1.5M	2.1M	3.1M	2.8M	1.9M
Non Current Assets Total	5.2M	6.0M	7.1M	7.5M	6.8M	5.9M
Cash And Short Term Investments	3.1M	1.5M	2.2M	3.1M	2.8M	1.9M
Net Receivables	111.1K	64.5K	150.8K	125.5K	113.0K	93.4K
Common Stock Shares Outstanding	56.6M	76.0M	97.8M	152.2M	175.1M	183.8M
Liabilities And Stockholders Equity	8.4M	7.6M	9.7M	10.8M	9.7M	7.9M
Total Liab	110.2K	173.3K	535.2K	2.3M	2.7M	2.8M
Total Current Assets	3.2M	1.6M	2.6M	3.3M	3.0M	2.0M
Common Stock	25.2M	25.2M	29.3M	31.9M	36.6M	21.6M
Other Current Liab	47.8K	120.5K	393.7K	2.0M	2.3M	2.4M
Non Current Liabilities Total	469.0	2.2K	0.0	8.1K	7.3K	6.9K
Other Current Assets	15.1K	13.4K	336.2K	103.8K	119.4K	60.2K
Short Term Investments	20.2K	20.3K	25.5K	36.1K	32.5K	33.2K

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 Everest Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC