European Non Current Assets Total vs Total Assets Analysis

EMH Stock   7.83  0.33  4.40%   
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 Total Assets 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 Total Assets

Non Current Assets Total vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between European Metals' Non Current Assets Total and Total Assets is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets 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 Total 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 Non Current Assets Total of European Metals Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., European Metals' Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of European Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in European Metals Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

0.130.580.711.0-0.32-0.73-0.970.650.720.920.910.710.970.850.550.840.760.75-0.28-0.440.99-0.56-0.230.990.52
0.130.390.190.13-0.040.06-0.15-0.07-0.050.270.26-0.050.170.160.3-0.060.21-0.160.3-0.70.18-0.250.140.190.03
0.580.390.490.58-0.29-0.06-0.580.230.040.780.760.040.580.420.120.250.490.01-0.09-0.290.64-0.75-0.240.630.03
0.710.190.490.7-0.52-0.68-0.630.920.690.570.610.680.610.590.650.730.990.690.03-0.430.63-0.13-0.420.680.55
1.00.130.580.7-0.31-0.73-0.980.640.710.930.910.710.970.850.550.840.750.75-0.29-0.440.99-0.57-0.220.990.51
-0.32-0.04-0.29-0.52-0.310.330.17-0.38-0.33-0.22-0.39-0.34-0.150.06-0.51-0.18-0.54-0.36-0.5-0.04-0.260.260.93-0.35-0.1
-0.730.06-0.06-0.68-0.730.330.64-0.78-1.0-0.44-0.47-1.0-0.64-0.59-0.84-0.7-0.71-0.950.110.28-0.650.090.24-0.68-0.85
-0.97-0.15-0.58-0.63-0.980.170.64-0.56-0.62-0.93-0.9-0.62-0.97-0.88-0.44-0.86-0.68-0.680.320.47-0.980.550.11-0.97-0.43
0.65-0.070.230.920.64-0.38-0.78-0.560.780.410.430.770.530.530.630.750.90.81-0.04-0.350.540.01-0.290.590.68
0.72-0.050.040.690.71-0.33-1.0-0.620.780.430.451.00.620.580.850.70.710.95-0.1-0.280.64-0.06-0.240.670.85
0.920.270.780.570.93-0.22-0.44-0.930.410.430.960.420.950.810.330.660.610.44-0.34-0.440.96-0.74-0.160.940.29
0.910.260.760.610.91-0.39-0.47-0.90.430.450.960.450.910.730.410.670.650.47-0.19-0.40.93-0.71-0.330.930.28
0.71-0.050.040.680.71-0.34-1.0-0.620.771.00.420.450.620.580.840.70.70.95-0.09-0.280.63-0.06-0.240.660.85
0.970.170.580.610.97-0.15-0.64-0.970.530.620.950.910.620.910.430.810.660.63-0.45-0.480.97-0.55-0.070.950.44
0.850.160.420.590.850.06-0.59-0.880.530.580.810.730.580.910.350.830.640.59-0.59-0.450.83-0.230.130.80.43
0.550.30.120.650.55-0.51-0.84-0.440.630.850.330.410.840.430.350.420.680.740.28-0.290.5-0.14-0.390.560.77
0.84-0.060.250.730.84-0.18-0.7-0.860.750.70.660.670.70.810.830.420.760.82-0.28-0.450.77-0.1-0.120.780.45
0.760.210.490.990.75-0.54-0.71-0.680.90.710.610.650.70.660.640.680.760.720.02-0.430.68-0.16-0.440.730.54
0.75-0.160.010.690.75-0.36-0.95-0.680.810.950.440.470.950.630.590.740.820.72-0.06-0.290.66-0.04-0.270.70.71
-0.280.3-0.090.03-0.29-0.50.110.32-0.04-0.1-0.34-0.19-0.09-0.45-0.590.28-0.280.02-0.06-0.01-0.290.0-0.5-0.21-0.07
-0.44-0.7-0.29-0.43-0.44-0.040.280.47-0.35-0.28-0.44-0.4-0.28-0.48-0.45-0.29-0.45-0.43-0.29-0.01-0.430.18-0.29-0.45-0.25
0.990.180.640.630.99-0.26-0.65-0.980.540.640.960.930.630.970.830.50.770.680.66-0.29-0.43-0.66-0.180.990.46
-0.56-0.25-0.75-0.13-0.570.260.090.550.01-0.06-0.74-0.71-0.06-0.55-0.23-0.14-0.1-0.16-0.040.00.18-0.660.22-0.65-0.05
-0.230.14-0.24-0.42-0.220.930.240.11-0.29-0.24-0.16-0.33-0.24-0.070.13-0.39-0.12-0.44-0.27-0.5-0.29-0.180.22-0.26-0.06
0.990.190.630.680.99-0.35-0.68-0.970.590.670.940.930.660.950.80.560.780.730.7-0.21-0.450.99-0.65-0.260.48
0.520.030.030.550.51-0.1-0.85-0.430.680.850.290.280.850.440.430.770.450.540.71-0.07-0.250.46-0.05-0.060.48
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European Metals Account Relationship Matchups

European Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0M25.9M37.0M37.3M37.3M39.2M
Other Current Liab407.1K18.4K147.0K88.1K432.3K453.9K
Total Current Liabilities979.2K545.7K1.1M876.3K716.6K549.3K
Total Stockholder Equity18.1M25.3M35.8M36.3M36.5M38.3M
Property Plant And Equipment Net869.0136.1K87.9K42.9K171.4K162.9K
Net Debt(59.0K)(7.8M)(19.0M)(8.9M)(4.6M)(4.8M)
Retained Earnings(13.6M)(17.6M)(24.4M)(30.3M)(30.1M)(28.6M)
Accounts Payable572.1K295.6K939.8K747.5K238.4K353.9K
Cash59.0K7.9M19.1M8.9M4.7M4.1M
Non Current Assets Total19.0M17.6M17.1M19.7M32.2M33.8M
Non Currrent Assets Other19.0M17.5M17.0M19.7M32.0M33.6M
Cash And Short Term Investments59.0K7.9M19.1M8.9M4.7M4.2M
Common Stock Total Equity20.4M22.1M24.0M34.1M39.2M41.2M
Common Stock Shares Outstanding151.0M166.0M179.8M186.0M213.9M122.0M
Liabilities And Stockholders Equity19.0M25.9M37.0M37.3M37.3M39.2M
Other Current Assets5.1K390.2K835.6K235.4K429.2K217.3K
Other Stockholder Equity7.7M8.8M12.3M18.7M7.7M6.1M
Total Liab979.2K637.5K1.2M960.4K835.2K577.6K
Total Current Assets81.3K8.3M19.9M17.5M5.2M5.1M
Common Stock22.1M24.0M34.1M47.9M58.9M61.8M
Property Plant And Equipment Gross12.1M869.0136.1K139.0K125.1K118.9K
Net Tangible Assets18.1M25.3M35.8M36.3M41.8M43.8M
Net Receivables17.3K133.6K782.5K94.8K109.0K164.9K
Property Plant Equipment869.0136.1K87.9K42.9K38.6K36.7K
Non Current Liabilities Total572.1K91.9K40.8K84.1K118.6K117.5K
Net Invested Capital18.1M25.3M35.8M36.3M41.8M23.7M
Net Working Capital(897.9K)7.7M18.8M16.7M19.2M20.1M

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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.