European Short Term Investments 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 Short Term Investments 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.
Short Term Investments vs Accounts Payable
Short Term Investments 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 Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between European Metals' Short Term Investments and Accounts Payable is 0.01. Overlapping area represents the amount of variation of Short Term Investments 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' Short Term Investments 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 Short Term Investments 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 Short Term Investments i.e., European Metals' Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of European Metals balance sheet. It contains any investments European Metals Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that European Metals Holdings can easily liquidate in the marketplace.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
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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.