European Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Metals Holdings Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between European Metals' Property Plant And Equipment Net and Accounts Payable is -0.38. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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' Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of European Metals Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., European Metals' Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents European Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of European Metals Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.