European Other Current Assets 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 Other Current Assets 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.
Other Current Assets vs Total Assets
Other Current Assets 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 Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between European Metals' Other Current Assets and Total Assets is 0.55. Overlapping area represents the amount of variation of Other Current Assets 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' Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., European Metals' Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.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
Click cells to compare fundamentals
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.