EMX Net Income vs Change In Cash Analysis

EMX Stock  CAD 2.41  0.02  0.82%   
EMX Royalty financial indicator trend analysis is much more than just examining EMX Royalty Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMX Royalty Corp is a good investment. Please check the relationship between EMX Royalty Net Income and its Change In Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMX Royalty Corp. 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.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Net Income account and Change In Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EMX Royalty's Net Income and Change In Cash is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of EMX Royalty Corp, assuming nothing else is changed. The correlation between historical values of EMX Royalty's Net Income and Change In 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 Net Income of EMX Royalty Corp are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., EMX Royalty's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in EMX Royalty Corp financial statement analysis. It represents the amount of money remaining after all of EMX Royalty Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

Most indicators from EMX Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMX Royalty Corp 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 EMX Royalty Corp. 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, EMX Royalty's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 39.44 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation3.1M5.8M5.2M3.2M
Interest Income1.3M1.8M1.5M1.1M

EMX Royalty fundamental ratios Correlations

0.790.140.570.810.080.27-0.730.730.280.710.570.370.730.190.660.450.66-0.550.640.440.55-0.680.530.270.49
0.79-0.040.850.990.10.46-0.440.860.270.940.770.380.860.190.940.480.81-0.640.780.610.58-0.810.820.630.8
0.14-0.04-0.090.08-0.54-0.710.340.280.72-0.29-0.030.66-0.06-0.46-0.310.58-0.150.17-0.170.0-0.11-0.02-0.14-0.62-0.29
0.570.85-0.090.8-0.010.57-0.340.720.090.840.740.190.71-0.230.880.290.59-0.290.470.540.57-0.711.00.640.65
0.810.990.080.80.020.33-0.40.890.380.890.770.480.820.150.870.570.8-0.630.760.590.55-0.790.760.510.74
0.080.1-0.54-0.010.020.29-0.37-0.07-0.180.16-0.41-0.10.230.580.27-0.02-0.190.04-0.040.20.32-0.080.00.540.18
0.270.46-0.710.570.330.29-0.570.22-0.690.70.49-0.570.520.290.71-0.430.56-0.470.530.290.27-0.420.610.820.63
-0.73-0.440.34-0.34-0.4-0.37-0.57-0.220.36-0.58-0.360.28-0.41-0.32-0.490.18-0.450.37-0.4-0.12-0.260.32-0.35-0.37-0.34
0.730.860.280.720.89-0.070.22-0.220.470.710.610.60.810.040.730.680.64-0.530.670.790.6-0.920.680.390.65
0.280.270.720.090.38-0.18-0.690.360.47-0.06-0.030.980.19-0.2-0.010.93-0.060.060.00.290.32-0.250.03-0.290.0
0.710.94-0.290.840.890.160.7-0.580.71-0.060.820.050.80.270.970.170.86-0.690.80.490.45-0.710.830.750.83
0.570.77-0.030.740.77-0.410.49-0.360.61-0.030.820.020.5-0.080.70.080.89-0.610.710.270.15-0.540.740.360.62
0.370.380.660.190.48-0.1-0.570.280.60.980.050.020.32-0.150.120.990.01-0.010.10.480.47-0.430.14-0.150.15
0.730.86-0.060.710.820.230.52-0.410.810.190.80.50.320.330.870.470.68-0.680.780.660.69-0.820.670.680.77
0.190.19-0.46-0.230.150.580.29-0.320.04-0.20.27-0.08-0.150.330.25-0.070.34-0.650.550.130.05-0.12-0.260.420.4
0.660.94-0.310.880.870.270.71-0.490.73-0.010.970.70.120.870.250.250.76-0.60.730.60.59-0.770.870.840.84
0.450.480.580.290.57-0.02-0.430.180.680.930.170.080.990.47-0.070.250.1-0.110.20.580.57-0.540.230.00.28
0.660.81-0.150.590.8-0.190.56-0.450.64-0.060.860.890.010.680.340.760.1-0.90.940.320.19-0.590.570.490.74
-0.55-0.640.17-0.29-0.630.04-0.470.37-0.530.06-0.69-0.61-0.01-0.68-0.65-0.6-0.11-0.9-0.98-0.32-0.160.52-0.25-0.47-0.72
0.640.78-0.170.470.76-0.040.53-0.40.670.00.80.710.10.780.550.730.20.94-0.980.450.32-0.660.440.540.79
0.440.610.00.540.590.20.29-0.120.790.290.490.270.480.660.130.60.580.32-0.320.450.77-0.920.540.520.65
0.550.58-0.110.570.550.320.27-0.260.60.320.450.150.470.690.050.590.570.19-0.160.320.77-0.770.560.470.49
-0.68-0.81-0.02-0.71-0.79-0.08-0.420.32-0.92-0.25-0.71-0.54-0.43-0.82-0.12-0.77-0.54-0.590.52-0.66-0.92-0.77-0.7-0.54-0.71
0.530.82-0.141.00.760.00.61-0.350.680.030.830.740.140.67-0.260.870.230.57-0.250.440.540.56-0.70.640.64
0.270.63-0.620.640.510.540.82-0.370.39-0.290.750.36-0.150.680.420.840.00.49-0.470.540.520.47-0.540.640.84
0.490.8-0.290.650.740.180.63-0.340.650.00.830.620.150.770.40.840.280.74-0.720.790.650.49-0.710.640.84
Click cells to compare fundamentals

EMX Royalty Account Relationship Matchups

EMX Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding81.8M83.7M89.1M109.9M111.2M116.7M
Total Assets78.3M80.7M164.6M168.8M209.1M219.5M
Other Current Liab1.0M2.8M(640.0K)(830.6K)1.3M879.8K
Total Current Liabilities2.9M4.1M55.5M7.3M49.2M51.7M
Total Stockholder Equity75.4M76.7M109.0M123.2M158.8M166.7M
Property Plant And Equipment Net12.0M15.1M66.0M54.6M1.1M1.1M
Net Debt(52.8M)(41.1M)30.7M25.0M15.9M16.7M
Retained Earnings(42.4M)(48.1M)(72.1M)(81.6M)(77.9M)(74.0M)
Accounts Payable1.3M3.6M3.0M3.2M3.7M3.9M
Cash52.8M41.1M19.8M15.5M27.3M20.0M
Non Current Assets Total17.9M22.6M120.3M130.0M162.9M171.0M
Non Currrent Assets Other703.5K511.3K974.9K13.1M78.8M82.7M
Cash And Short Term Investments57.0M54.2M31.8M25.9M36.0M23.1M
Net Receivables1.8M2.6M9.4M11.6M7.7M8.1M
Liabilities And Stockholders Equity78.3M80.7M164.6M168.8M209.1M219.5M
Non Current Liabilities Total1.4M452.0K0.038.4M1.1M1.0M
Total Liab2.9M4.1M55.5M45.6M50.3M52.8M
Total Current Assets60.4M58.2M44.3M38.8M46.2M26.6M
Accumulated Other Comprehensive Income19.2M20.7M24.6M11.8M24.6M13.1M
Inventory1.3M870.5K3.1M(14.4M)(7.7M)(7.4M)
Other Current Assets309K407K(48K)15.7M10.2M10.7M
Short Term Investments4.2M13.1M12.1M10.4M8.7M4.5M
Current Deferred Revenue1.8M1.2M2.7M1.7M994K1.0M
Good Will1.4M0.0(13.5M)(67.0M)(60.3M)(57.3M)
Short Term Debt1.3M3.6M50.5M3.2M43.2M45.3M
Intangible Assets13.5M14.2M79.9M70.0M61.2M39.7M
Common Stock98.6M104.0M156.6M193.0M212.2M133.0M
Net Tangible Assets85.0M83.5M47.7M71.5M82.2M48.5M
Long Term Investments4.6M8.9M47.5M62.3M62.8M65.9M
Property Plant Equipment2.2M5.0M3.1M2.9M2.6M2.4M
Net Invested Capital98.5M97.8M203.4M163.7M153.2M136.3M
Net Working Capital75.2M69.0M(14.3M)31.6M(2.3M)(2.2M)
Capital Stock128.8M132.7M199.7M193.0M160.9M172.4M

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Additional Tools for EMX Stock Analysis

When running EMX Royalty's price analysis, check to measure EMX Royalty's 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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.