European Non Currrent Assets Other vs Cash 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 Currrent Assets Other and its Cash 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 Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Metals Holdings Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between European Metals' Non Currrent Assets Other and Cash is 0.45. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Currrent Assets Other and Cash 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 Currrent Assets Other of European Metals Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., European Metals' Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash
Cash refers to the most liquid asset of European Metals Holdings, which is listed under current asset account on European Metals Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from European Metals customers. The amounts must be unrestricted with restricted cash listed in a different European Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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European Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
European Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.0M | 25.9M | 37.0M | 37.3M | 37.3M | 39.2M | |
Other Current Liab | 407.1K | 18.4K | 147.0K | 88.1K | 432.3K | 453.9K | |
Total Current Liabilities | 979.2K | 545.7K | 1.1M | 876.3K | 716.6K | 549.3K | |
Total Stockholder Equity | 18.1M | 25.3M | 35.8M | 36.3M | 36.5M | 38.3M | |
Property Plant And Equipment Net | 869.0 | 136.1K | 87.9K | 42.9K | 171.4K | 162.9K | |
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 Payable | 572.1K | 295.6K | 939.8K | 747.5K | 238.4K | 353.9K | |
Cash | 59.0K | 7.9M | 19.1M | 8.9M | 4.7M | 4.1M | |
Non Current Assets Total | 19.0M | 17.6M | 17.1M | 19.7M | 32.2M | 33.8M | |
Non Currrent Assets Other | 19.0M | 17.5M | 17.0M | 19.7M | 32.0M | 33.6M | |
Cash And Short Term Investments | 59.0K | 7.9M | 19.1M | 8.9M | 4.7M | 4.2M | |
Common Stock Total Equity | 20.4M | 22.1M | 24.0M | 34.1M | 39.2M | 41.2M | |
Common Stock Shares Outstanding | 151.0M | 166.0M | 179.8M | 186.0M | 213.9M | 122.0M | |
Liabilities And Stockholders Equity | 19.0M | 25.9M | 37.0M | 37.3M | 37.3M | 39.2M | |
Other Current Assets | 5.1K | 390.2K | 835.6K | 235.4K | 429.2K | 217.3K | |
Other Stockholder Equity | 7.7M | 8.8M | 12.3M | 18.7M | 7.7M | 6.1M | |
Total Liab | 979.2K | 637.5K | 1.2M | 960.4K | 835.2K | 577.6K | |
Total Current Assets | 81.3K | 8.3M | 19.9M | 17.5M | 5.2M | 5.1M | |
Common Stock | 22.1M | 24.0M | 34.1M | 47.9M | 58.9M | 61.8M | |
Property Plant And Equipment Gross | 12.1M | 869.0 | 136.1K | 139.0K | 125.1K | 118.9K | |
Net Tangible Assets | 18.1M | 25.3M | 35.8M | 36.3M | 41.8M | 43.8M | |
Net Receivables | 17.3K | 133.6K | 782.5K | 94.8K | 109.0K | 164.9K | |
Property Plant Equipment | 869.0 | 136.1K | 87.9K | 42.9K | 38.6K | 36.7K | |
Non Current Liabilities Total | 572.1K | 91.9K | 40.8K | 84.1K | 118.6K | 117.5K | |
Net Invested Capital | 18.1M | 25.3M | 35.8M | 36.3M | 41.8M | 23.7M | |
Net Working Capital | (897.9K) | 7.7M | 18.8M | 16.7M | 19.2M | 20.1M |
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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.