Emerald Common Stock Total Equity vs Short Long Term Debt Total Analysis

EMR Stock   3.57  0.01  0.28%   
Emerald Resources financial indicator trend analysis is much more than just examining Emerald Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerald Resources is a good investment. Please check the relationship between Emerald Resources Common Stock Total Equity and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerald Resources NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Total Equity vs Short Long Term Debt Total

Common Stock Total Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerald Resources Common Stock Total Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Emerald Resources' Common Stock Total Equity and Short Long Term Debt Total is 0.57. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Emerald Resources NL, assuming nothing else is changed. The correlation between historical values of Emerald Resources' Common Stock Total Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Emerald Resources NL are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Total Equity i.e., Emerald Resources' Common Stock Total Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Short Long Term Debt Total

Most indicators from Emerald Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerald Resources 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 Emerald Resources NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Emerald Resources' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 41.3 M in 2024, whereas Discontinued Operations is likely to drop (6.6 M) in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue111.5M182.6M204.5M214.8M
Total Revenue206.5M297.7M366.0M384.3M

Emerald Resources fundamental ratios Correlations

0.310.930.970.980.51-0.390.740.980.840.990.490.840.860.88-0.150.480.90.940.860.990.970.99-0.150.590.95
0.310.20.350.18-0.520.45-0.280.460.10.37-0.170.10.530.57-0.020.230.570.120.570.340.330.37-0.430.670.28
0.930.20.960.910.6-0.260.720.930.690.940.510.680.830.75-0.170.550.840.840.810.910.930.940.10.50.87
0.970.350.960.940.47-0.210.720.980.710.990.520.70.920.83-0.170.560.910.850.920.940.950.98-0.060.60.94
0.980.180.910.940.61-0.510.830.930.860.970.520.850.780.82-0.120.430.80.940.780.980.960.97-0.150.450.94
0.51-0.520.60.470.61-0.610.780.410.510.480.210.510.130.21-0.110.110.210.550.180.490.570.490.25-0.140.43
-0.390.45-0.26-0.21-0.51-0.61-0.6-0.2-0.74-0.29-0.26-0.740.04-0.270.020.18-0.05-0.630.07-0.44-0.35-0.290.10.15-0.35
0.74-0.280.720.720.830.78-0.60.630.630.720.670.630.490.37-0.090.390.420.730.520.690.710.710.01-0.030.77
0.980.460.930.980.930.41-0.20.630.750.990.420.750.920.89-0.170.540.950.860.920.960.960.99-0.170.70.93
0.840.10.690.710.860.51-0.740.630.750.770.321.00.560.82-0.180.140.70.960.530.870.80.77-0.20.520.76
0.990.370.940.990.970.48-0.290.720.990.770.480.770.890.87-0.140.530.910.880.90.980.981.0-0.170.590.96
0.49-0.170.510.520.520.21-0.260.670.420.320.480.330.590.18-0.040.60.340.480.470.420.340.460.050.040.65
0.840.10.680.70.850.51-0.740.630.751.00.770.330.550.81-0.170.140.690.960.530.870.790.77-0.20.510.75
0.860.530.830.920.780.130.040.490.920.560.890.590.550.79-0.170.680.940.710.950.820.790.88-0.140.740.88
0.880.570.750.830.820.21-0.270.370.890.820.870.180.810.79-0.130.260.910.840.780.920.870.87-0.250.790.78
-0.15-0.02-0.17-0.17-0.12-0.110.02-0.09-0.17-0.18-0.14-0.04-0.17-0.17-0.130.14-0.23-0.19-0.2-0.12-0.13-0.14-0.17-0.25-0.08
0.480.230.550.560.430.110.180.390.540.140.530.60.140.680.260.140.510.30.560.40.440.52-0.20.330.62
0.90.570.840.910.80.21-0.050.420.950.70.910.340.690.940.91-0.230.510.80.920.880.860.9-0.120.870.83
0.940.120.840.850.940.55-0.630.730.860.960.880.480.960.710.84-0.190.30.80.690.940.870.88-0.060.550.86
0.860.570.810.920.780.180.070.520.920.530.90.470.530.950.78-0.20.560.920.690.810.820.89-0.110.690.83
0.990.340.910.940.980.49-0.440.690.960.870.980.420.870.820.92-0.120.40.880.940.810.970.98-0.190.590.93
0.970.330.930.950.960.57-0.350.710.960.80.980.340.790.790.87-0.130.440.860.870.820.970.98-0.180.550.9
0.990.370.940.980.970.49-0.290.710.990.771.00.460.770.880.87-0.140.520.90.880.890.980.98-0.170.60.95
-0.15-0.430.1-0.06-0.150.250.10.01-0.17-0.2-0.170.05-0.2-0.14-0.25-0.17-0.2-0.12-0.06-0.11-0.19-0.18-0.17-0.19-0.3
0.590.670.50.60.45-0.140.15-0.030.70.520.590.040.510.740.79-0.250.330.870.550.690.590.550.6-0.190.51
0.950.280.870.940.940.43-0.350.770.930.760.960.650.750.880.78-0.080.620.830.860.830.930.90.95-0.30.51
Click cells to compare fundamentals

Emerald Resources Account Relationship Matchups

Emerald Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets210.6M250.1M442.8M495.2M712.4M748.0M
Other Current Liab1.7M16.1M41.4M22.8M49.6M52.1M
Total Current Liabilities5.6M54.7M91.7M98.1M119.5M125.5M
Total Stockholder Equity118.2M105.1M244.6M320.1M558.0M585.9M
Net Debt(86.3M)70.6M51.2M8.9M(95.3M)(90.6M)
Retained Earnings(75.1M)(91.8M)(47.4M)23.1M95.1M99.9M
Accounts Payable3.9M10.7M14.8M13.3M17.6M18.5M
Cash136.2M22.8M43.0M71.0M144.1M151.3M
Non Current Assets Total71.8M218.5M346.6M367.6M509.4M534.8M
Non Currrent Assets Other(71.8M)(218.5M)112.3M155.3M73.5M77.1M
Cash And Short Term Investments136.4M23.0M43.2M71.5M144.6M151.8M
Net Receivables1.3M6.3M16.8M15.9M10.6M11.2M
Liabilities And Stockholders Equity210.6M250.1M442.8M495.2M712.4M748.0M
Other Stockholder Equity288K1.5M5.9M3.4M4.0M2.5M
Total Liab92.4M145.0M193.7M171.3M154.5M162.2M
Total Current Assets138.8M31.6M96.2M127.7M203.1M213.2M
Accumulated Other Comprehensive Income(1.9M)1.5M5.9M10.3M11.2M11.7M
Short Term Debt192K27.9M35.5M45.1M31.5M33.1M
Common Stock195.1M195.4M286.2M286.8M451.7M474.3M
Property Plant And Equipment Net71.8M218.5M234.3M192.4M431.5M453.1M
Property Plant And Equipment Gross71.8M221.6M338.0M324.0M491.0M515.5M
Other Current Assets1.2M896K3.2M2.2M1.9M2.4M
Non Current Liabilities Total86.9M90.4M102.0M73.1M34.9M39.8M
Inventory1.0M1.5M32.9M38.1M46.0M48.3M
Short Term Investments192K204K191K502K451.8K429.2K
Property Plant Equipment71.8M218.5M321.5M288.7M332.0M348.6M
Net Tangible Assets120.3M105.1M244.6M320.1M368.1M386.5M
Long Term Debt Total49.9M90.0M58.7M42.7M49.1M33.2M
Cash And Equivalents1.2M13.1M70K1.1M63K59.9K
Net Invested Capital170.2M105.1M244.6M320.1M558.0M585.9M
Net Working Capital133.3M(23.0M)4.5M29.5M83.5M87.7M
Other Liab264K331K24.4M16.5M18.9M19.9M
Capital Stock195.1M195.4M286.2M286.8M451.7M280.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Emerald Stock Analysis

When running Emerald Resources' price analysis, check to measure Emerald Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Emerald Resources is operating at the current time. Most of Emerald Resources' value examination focuses on studying past and present price action to predict the probability of Emerald Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerald Resources' price. Additionally, you may evaluate how the addition of Emerald Resources to your portfolios can decrease your overall portfolio volatility.