Emerald Other Stockholder Equity vs Cash 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 Other Stockholder Equity and its Cash 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

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

The correlation between Emerald Resources' Other Stockholder Equity and Cash is 0.14. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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' Other Stockholder Equity and Cash 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 Stockholder Equity of Emerald Resources NL are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Emerald Resources' Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Emerald Resources, which is listed under current asset account on Emerald Resources NL balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Emerald Resources customers. The amounts must be unrestricted with restricted cash listed in a different Emerald Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

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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

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