Emerald Non Currrent Assets Other vs Other Current Assets 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 Non Currrent Assets Other and its Other Current Assets 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerald Resources Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Emerald Resources' Non Currrent Assets Other and Other Current Assets is 0.05. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets 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' Non Currrent Assets Other and Other Current 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 Non Currrent Assets Other of Emerald Resources NL are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Emerald Resources' Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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.

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 Revenue	111.5M	182.6M	204.5M	214.8M
Total Revenue	206.5M	297.7M	366.0M	384.3M

Cost Of Revenue Total Revenue

Emerald Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Current Assets	Non Current Liabilities Total	Inventory
Total Assets		0.31	0.93	0.97	0.98	0.51	-0.39	0.74	0.98	0.84	0.99	0.49	0.84	0.86	0.88	-0.15	0.48	0.9	0.94	0.86	0.99	0.97	0.99	-0.15	0.59	0.95
Short Long Term Debt Total	0.31		0.2	0.35	0.18	-0.52	0.45	-0.28	0.46	0.1	0.37	-0.17	0.1	0.53	0.57	-0.02	0.23	0.57	0.12	0.57	0.34	0.33	0.37	-0.43	0.67	0.28
Other Current Liab	0.93	0.2		0.96	0.91	0.6	-0.26	0.72	0.93	0.69	0.94	0.51	0.68	0.83	0.75	-0.17	0.55	0.84	0.84	0.81	0.91	0.93	0.94	0.1	0.5	0.87
Total Current Liabilities	0.97	0.35	0.96		0.94	0.47	-0.21	0.72	0.98	0.71	0.99	0.52	0.7	0.92	0.83	-0.17	0.56	0.91	0.85	0.92	0.94	0.95	0.98	-0.06	0.6	0.94
Total Stockholder Equity	0.98	0.18	0.91	0.94		0.61	-0.51	0.83	0.93	0.86	0.97	0.52	0.85	0.78	0.82	-0.12	0.43	0.8	0.94	0.78	0.98	0.96	0.97	-0.15	0.45	0.94
Current Deferred Revenue	0.51	-0.52	0.6	0.47	0.61		-0.61	0.78	0.41	0.51	0.48	0.21	0.51	0.13	0.21	-0.11	0.11	0.21	0.55	0.18	0.49	0.57	0.49	0.25	-0.14	0.43
Net Debt	-0.39	0.45	-0.26	-0.21	-0.51	-0.61		-0.6	-0.2	-0.74	-0.29	-0.26	-0.74	0.04	-0.27	0.02	0.18	-0.05	-0.63	0.07	-0.44	-0.35	-0.29	0.1	0.15	-0.35
Retained Earnings	0.74	-0.28	0.72	0.72	0.83	0.78	-0.6		0.63	0.63	0.72	0.67	0.63	0.49	0.37	-0.09	0.39	0.42	0.73	0.52	0.69	0.71	0.71	0.01	-0.03	0.77
Accounts Payable	0.98	0.46	0.93	0.98	0.93	0.41	-0.2	0.63		0.75	0.99	0.42	0.75	0.92	0.89	-0.17	0.54	0.95	0.86	0.92	0.96	0.96	0.99	-0.17	0.7	0.93
Cash	0.84	0.1	0.69	0.71	0.86	0.51	-0.74	0.63	0.75		0.77	0.32	1.0	0.56	0.82	-0.18	0.14	0.7	0.96	0.53	0.87	0.8	0.77	-0.2	0.52	0.76
Non Current Assets Total	0.99	0.37	0.94	0.99	0.97	0.48	-0.29	0.72	0.99	0.77		0.48	0.77	0.89	0.87	-0.14	0.53	0.91	0.88	0.9	0.98	0.98	1.0	-0.17	0.59	0.96
Non Currrent Assets Other	0.49	-0.17	0.51	0.52	0.52	0.21	-0.26	0.67	0.42	0.32	0.48		0.33	0.59	0.18	-0.04	0.6	0.34	0.48	0.47	0.42	0.34	0.46	0.05	0.04	0.65
Cash And Short Term Investments	0.84	0.1	0.68	0.7	0.85	0.51	-0.74	0.63	0.75	1.0	0.77	0.33		0.55	0.81	-0.17	0.14	0.69	0.96	0.53	0.87	0.79	0.77	-0.2	0.51	0.75
Net Receivables	0.86	0.53	0.83	0.92	0.78	0.13	0.04	0.49	0.92	0.56	0.89	0.59	0.55		0.79	-0.17	0.68	0.94	0.71	0.95	0.82	0.79	0.88	-0.14	0.74	0.88
Common Stock Total Equity	0.88	0.57	0.75	0.83	0.82	0.21	-0.27	0.37	0.89	0.82	0.87	0.18	0.81	0.79		-0.13	0.26	0.91	0.84	0.78	0.92	0.87	0.87	-0.25	0.79	0.78
Common Stock Shares Outstanding	-0.15	-0.02	-0.17	-0.17	-0.12	-0.11	0.02	-0.09	-0.17	-0.18	-0.14	-0.04	-0.17	-0.17	-0.13		0.14	-0.23	-0.19	-0.2	-0.12	-0.13	-0.14	-0.17	-0.25	-0.08
Other Stockholder Equity	0.48	0.23	0.55	0.56	0.43	0.11	0.18	0.39	0.54	0.14	0.53	0.6	0.14	0.68	0.26	0.14		0.51	0.3	0.56	0.4	0.44	0.52	-0.2	0.33	0.62
Total Liab	0.9	0.57	0.84	0.91	0.8	0.21	-0.05	0.42	0.95	0.7	0.91	0.34	0.69	0.94	0.91	-0.23	0.51		0.8	0.92	0.88	0.86	0.9	-0.12	0.87	0.83
Total Current Assets	0.94	0.12	0.84	0.85	0.94	0.55	-0.63	0.73	0.86	0.96	0.88	0.48	0.96	0.71	0.84	-0.19	0.3	0.8		0.69	0.94	0.87	0.88	-0.06	0.55	0.86
Short Term Debt	0.86	0.57	0.81	0.92	0.78	0.18	0.07	0.52	0.92	0.53	0.9	0.47	0.53	0.95	0.78	-0.2	0.56	0.92	0.69		0.81	0.82	0.89	-0.11	0.69	0.83
Common Stock	0.99	0.34	0.91	0.94	0.98	0.49	-0.44	0.69	0.96	0.87	0.98	0.42	0.87	0.82	0.92	-0.12	0.4	0.88	0.94	0.81		0.97	0.98	-0.19	0.59	0.93
Property Plant And Equipment Net	0.97	0.33	0.93	0.95	0.96	0.57	-0.35	0.71	0.96	0.8	0.98	0.34	0.79	0.79	0.87	-0.13	0.44	0.86	0.87	0.82	0.97		0.98	-0.18	0.55	0.9
Property Plant And Equipment Gross	0.99	0.37	0.94	0.98	0.97	0.49	-0.29	0.71	0.99	0.77	1.0	0.46	0.77	0.88	0.87	-0.14	0.52	0.9	0.88	0.89	0.98	0.98		-0.17	0.6	0.95
Other Current Assets	-0.15	-0.43	0.1	-0.06	-0.15	0.25	0.1	0.01	-0.17	-0.2	-0.17	0.05	-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
Non Current Liabilities Total	0.59	0.67	0.5	0.6	0.45	-0.14	0.15	-0.03	0.7	0.52	0.59	0.04	0.51	0.74	0.79	-0.25	0.33	0.87	0.55	0.69	0.59	0.55	0.6	-0.19		0.51
Inventory	0.95	0.28	0.87	0.94	0.94	0.43	-0.35	0.77	0.93	0.76	0.96	0.65	0.75	0.88	0.78	-0.08	0.62	0.83	0.86	0.83	0.93	0.9	0.95	-0.3	0.51

Click cells to compare fundamentals

Emerald Resources Account Relationship Matchups

Emerald Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	210.6M	250.1M	442.8M	495.2M	712.4M	748.0M
Other Current Liab	1.7M	16.1M	41.4M	22.8M	49.6M	52.1M
Total Current Liabilities	5.6M	54.7M	91.7M	98.1M	119.5M	125.5M
Total Stockholder Equity	118.2M	105.1M	244.6M	320.1M	558.0M	585.9M
Net Debt	(86.3M)	70.6M	51.2M	8.9M	(95.3M)	(90.6M)
Retained Earnings	(75.1M)	(91.8M)	(47.4M)	23.1M	95.1M	99.9M
Accounts Payable	3.9M	10.7M	14.8M	13.3M	17.6M	18.5M
Cash	136.2M	22.8M	43.0M	71.0M	144.1M	151.3M
Non Current Assets Total	71.8M	218.5M	346.6M	367.6M	509.4M	534.8M
Non Currrent Assets Other	(71.8M)	(218.5M)	112.3M	155.3M	73.5M	77.1M
Cash And Short Term Investments	136.4M	23.0M	43.2M	71.5M	144.6M	151.8M
Net Receivables	1.3M	6.3M	16.8M	15.9M	10.6M	11.2M
Liabilities And Stockholders Equity	210.6M	250.1M	442.8M	495.2M	712.4M	748.0M
Other Stockholder Equity	288K	1.5M	5.9M	3.4M	4.0M	2.5M
Total Liab	92.4M	145.0M	193.7M	171.3M	154.5M	162.2M
Total Current Assets	138.8M	31.6M	96.2M	127.7M	203.1M	213.2M
Accumulated Other Comprehensive Income	(1.9M)	1.5M	5.9M	10.3M	11.2M	11.7M
Short Term Debt	192K	27.9M	35.5M	45.1M	31.5M	33.1M
Common Stock	195.1M	195.4M	286.2M	286.8M	451.7M	474.3M
Property Plant And Equipment Net	71.8M	218.5M	234.3M	192.4M	431.5M	453.1M
Property Plant And Equipment Gross	71.8M	221.6M	338.0M	324.0M	491.0M	515.5M
Other Current Assets	1.2M	896K	3.2M	2.2M	1.9M	2.4M
Non Current Liabilities Total	86.9M	90.4M	102.0M	73.1M	34.9M	39.8M
Inventory	1.0M	1.5M	32.9M	38.1M	46.0M	48.3M
Short Term Investments	192K	204K	191K	502K	451.8K	429.2K
Property Plant Equipment	71.8M	218.5M	321.5M	288.7M	332.0M	348.6M
Net Tangible Assets	120.3M	105.1M	244.6M	320.1M	368.1M	386.5M
Long Term Debt Total	49.9M	90.0M	58.7M	42.7M	49.1M	33.2M
Cash And Equivalents	1.2M	13.1M	70K	1.1M	63K	59.9K
Net Invested Capital	170.2M	105.1M	244.6M	320.1M	558.0M	585.9M
Net Working Capital	133.3M	(23.0M)	4.5M	29.5M	83.5M	87.7M
Other Liab	264K	331K	24.4M	16.5M	18.9M	19.9M
Capital Stock	195.1M	195.4M	286.2M	286.8M	451.7M	280.6M

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC