European Non Current Assets Total vs Retained Earnings Analysis

EMH Stock   6.75  0.25  3.85%   
European Metals financial indicator trend analysis is much more than just examining European Metals Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Metals Holdings is a good investment. Please check the relationship between European Metals Non Current Assets Total and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Metals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Metals Holdings Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between European Metals' Non Current Assets Total and Retained Earnings is -0.93. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of European Metals Holdings, assuming nothing else is changed. The correlation between historical values of European Metals' Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of European Metals Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., European Metals' Non Current Assets Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from European Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Metals Holdings 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 European Metals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, European Metals' Discontinued Operations is projected to increase significantly based on the last few years of reporting.

European Metals fundamental ratios Correlations

0.490.460.491.0-0.36-0.65-0.960.580.670.960.110.660.480.960.860.640.740.510.670.02-0.440.99-0.53-0.271.0
0.49-0.23-0.210.53-0.20.0-0.4-0.050.030.57-0.130.02-0.020.460.320.760.53-0.190.040.13-0.620.58-0.78-0.050.53
0.46-0.231.00.38-0.24-0.35-0.520.720.340.440.390.340.20.360.350.17-0.120.990.330.16-0.170.350.19-0.20.43
0.49-0.211.00.41-0.29-0.4-0.540.780.40.450.350.40.250.390.370.19-0.061.00.390.16-0.210.370.2-0.240.46
1.00.530.380.41-0.35-0.64-0.950.530.660.960.080.660.480.970.860.650.780.430.660.01-0.440.99-0.57-0.261.0
-0.36-0.2-0.24-0.29-0.350.330.21-0.37-0.34-0.30.33-0.35-0.13-0.19-0.02-0.54-0.31-0.3-0.35-0.63-0.02-0.310.20.93-0.38
-0.650.0-0.35-0.4-0.640.330.62-0.64-1.0-0.42-0.19-1.0-0.9-0.61-0.55-0.13-0.61-0.41-1.0-0.120.28-0.56-0.120.24-0.65
-0.96-0.4-0.52-0.54-0.950.210.62-0.56-0.63-0.93-0.23-0.63-0.45-0.95-0.91-0.54-0.65-0.56-0.630.090.48-0.940.470.14-0.95
0.58-0.050.720.780.53-0.37-0.64-0.560.640.47-0.060.630.570.510.490.150.380.780.630.02-0.370.450.22-0.260.56
0.670.030.340.40.66-0.34-1.0-0.630.640.440.191.00.890.630.570.160.630.411.00.13-0.290.580.09-0.250.67
0.960.570.440.450.96-0.3-0.42-0.930.470.440.070.430.250.930.840.710.660.470.43-0.03-0.430.97-0.66-0.230.96
0.11-0.130.390.350.080.33-0.19-0.23-0.060.190.070.190.160.090.090.1-0.370.350.190.15-0.020.110.090.30.1
0.660.020.340.40.66-0.35-1.0-0.630.631.00.430.190.890.620.560.160.620.411.00.14-0.290.580.09-0.250.66
0.48-0.020.20.250.48-0.13-0.9-0.450.570.890.250.160.890.440.4-0.050.530.250.890.08-0.270.40.22-0.070.48
0.960.460.360.390.97-0.19-0.61-0.950.510.630.930.090.620.440.920.530.780.410.62-0.23-0.490.95-0.48-0.10.96
0.860.320.350.370.86-0.02-0.55-0.910.490.570.840.090.560.40.920.350.690.390.56-0.35-0.460.84-0.410.050.84
0.640.760.170.190.65-0.54-0.13-0.540.150.160.710.10.16-0.050.530.350.390.210.170.42-0.280.7-0.78-0.460.67
0.740.53-0.12-0.060.78-0.31-0.61-0.650.380.630.66-0.370.620.530.780.690.39-0.040.63-0.2-0.420.74-0.44-0.240.75
0.51-0.190.991.00.43-0.3-0.41-0.560.780.410.470.350.410.250.410.390.21-0.040.40.16-0.210.390.18-0.240.48
0.670.040.330.390.66-0.35-1.0-0.630.631.00.430.191.00.890.620.560.170.630.40.14-0.290.580.08-0.260.66
0.020.130.160.160.01-0.63-0.120.090.020.13-0.030.150.140.08-0.23-0.350.42-0.20.160.140.240.03-0.16-0.60.05
-0.44-0.62-0.17-0.21-0.44-0.020.280.48-0.37-0.29-0.43-0.02-0.29-0.27-0.49-0.46-0.28-0.42-0.21-0.290.24-0.430.15-0.27-0.46
0.990.580.350.370.99-0.31-0.56-0.940.450.580.970.110.580.40.950.840.70.740.390.580.03-0.43-0.65-0.230.99
-0.53-0.780.190.2-0.570.2-0.120.470.220.09-0.660.090.090.22-0.48-0.41-0.78-0.440.180.08-0.160.15-0.650.17-0.55
-0.27-0.05-0.2-0.24-0.260.930.240.14-0.26-0.25-0.230.3-0.25-0.07-0.10.05-0.46-0.24-0.24-0.26-0.6-0.27-0.230.17-0.29
1.00.530.430.461.0-0.38-0.65-0.950.560.670.960.10.660.480.960.840.670.750.480.660.05-0.460.99-0.55-0.29
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European Metals Account Relationship Matchups

European Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets25.9M37.0M39.9M37.3M42.9M45.1M
Other Current Liab18.4K502.8K5.7M432.3K497.2K657.3K
Total Current Liabilities545.7K1.1M6.5M716.6K824.1K1.0M
Total Stockholder Equity25.3M35.8M33.3M36.5M42.0M44.1M
Property Plant And Equipment Net136.1K87.9K42.9K171.4K154.3K146.6K
Net Debt(7.8M)(19.0M)(8.9M)(4.6M)(4.1M)(4.3M)
Retained Earnings(17.6M)(24.4M)(31.3M)(30.1M)(27.1M)(25.7M)
Accounts Payable295.6K584.0K747.5K238.4K274.1K315.3K
Cash7.9M19.1M8.9M4.7M5.4M4.1M
Non Current Assets Total17.6M17.1M30.8M32.2M37.0M38.8M
Cash And Short Term Investments7.9M19.1M8.9M4.7M5.4M4.2M
Net Receivables133.6K782.5K235.4K94.8K109.0K166.4K
Common Stock Shares Outstanding166.0M179.8M188.8M204.8M235.5M130.2M
Liabilities And Stockholders Equity25.9M37.0M39.9M37.3M42.9M45.1M
Other Current Assets256.6K53.1K235.4K429.2K493.6K518.3K
Other Stockholder Equity7.7M8.8M12.3M7.7M8.8M9.3M
Total Liab637.5K1.2M6.6M835.2K960.5K1.1M
Total Current Assets8.3M19.9M9.1M5.2M5.9M4.4M
Common Stock24.0M34.1M47.9M58.9M67.7M71.1M
Accumulated Other Comprehensive Income8.8M12.3M18.7M7.7M8.8M6.6M
Net Tangible Assets18.1M25.3M35.8M36.3M41.8M43.8M
Property Plant Equipment869.0136.1K87.9K42.9K38.6K36.7K
Non Current Liabilities Total91.9K40.8K84.1K118.6K136.4K117.5K
Net Invested Capital25.3M35.8M36.3M36.5M42.0M25.8M
Net Working Capital7.7M18.8M16.7M4.4M5.1M6.8M
Capital Stock24.0M34.1M47.9M58.9M67.7M43.0M

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Other Information on Investing in European Stock

Balance Sheet is a snapshot of the financial position of European Metals Holdings at a specified time, usually calculated after every quarter, six months, or one year. European Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of European Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which European currently owns. An asset can also be divided into two categories, current and non-current.