European Other Current Assets vs Net Receivables Analysis

EMH Stock   6.75  0.25  3.57%   
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 Other Current Assets and its Net Receivables 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Metals Holdings Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between European Metals' Other Current Assets and Net Receivables is -0.05. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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' Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of European Metals Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., European Metals' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

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.