EMX Cash vs Inventory Analysis

EMX Stock  USD 1.74  0.01  0.57%   
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 Cash and its Inventory 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 population.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Cash account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between EMX Royalty's Cash and Inventory is 0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory 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 Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of EMX Royalty Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., EMX Royalty's Cash and Inventory go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of EMX Royalty Corp, which is listed under current asset account on EMX Royalty Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EMX Royalty customers. The amounts must be unrestricted with restricted cash listed in a different EMX Royalty 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.

Inventory

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 population.
At this time, EMX Royalty's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 39.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.

EMX Royalty fundamental ratios Correlations

0.80.070.570.820.060.25-0.750.740.260.740.550.320.730.21-0.320.680.680.36-0.550.350.660.040.69-0.620.85
0.8-0.060.850.990.060.46-0.460.870.230.940.720.320.870.37-0.070.940.940.39-0.640.560.79-0.260.7-0.740.5
0.07-0.06-0.10.07-0.43-0.730.390.220.7-0.31-0.420.66-0.12-0.47-0.47-0.33-0.230.610.22-0.29-0.23-0.220.440.030.15
0.570.85-0.10.81-0.010.57-0.360.720.050.850.60.140.710.420.040.890.90.21-0.290.640.52-0.240.51-0.620.29
0.820.990.070.81-0.010.33-0.420.890.340.890.690.420.830.27-0.140.870.890.48-0.640.470.77-0.290.76-0.750.53
0.060.06-0.43-0.01-0.010.31-0.25-0.1-0.170.09-0.12-0.060.220.820.030.230.150.070.040.58-0.110.1-0.260.00.21
0.250.46-0.730.570.330.31-0.550.21-0.720.690.69-0.610.510.530.330.710.67-0.48-0.470.480.570.1-0.16-0.22-0.01
-0.75-0.460.39-0.36-0.42-0.25-0.55-0.290.32-0.62-0.520.28-0.46-0.270.11-0.52-0.460.260.38-0.25-0.48-0.4-0.110.22-0.73
0.740.870.220.720.89-0.10.21-0.290.440.730.520.550.820.25-0.430.750.830.58-0.530.520.63-0.420.86-0.830.49
0.260.230.70.050.34-0.17-0.720.320.44-0.09-0.330.970.19-0.09-0.38-0.040.010.910.090.12-0.12-0.40.74-0.40.34
0.740.94-0.310.850.890.090.69-0.620.73-0.090.830.00.820.390.090.970.940.07-0.690.520.84-0.090.47-0.60.42
0.550.72-0.420.60.69-0.120.69-0.520.52-0.330.83-0.240.530.070.070.730.75-0.17-0.750.150.87-0.040.26-0.540.19
0.320.320.660.140.42-0.06-0.610.280.550.970.0-0.240.290.05-0.480.070.140.970.030.26-0.06-0.460.79-0.540.38
0.730.87-0.120.710.830.220.51-0.460.820.190.820.530.290.57-0.020.880.890.38-0.680.720.73-0.30.69-0.70.46
0.210.37-0.470.420.270.820.53-0.270.25-0.090.390.070.050.570.070.580.530.18-0.060.930.07-0.090.08-0.370.2
-0.32-0.07-0.470.04-0.140.030.330.11-0.43-0.380.090.07-0.48-0.020.070.1-0.05-0.45-0.13-0.040.110.04-0.390.39-0.45
0.680.94-0.330.890.870.230.71-0.520.75-0.040.970.730.070.880.580.10.980.17-0.60.70.75-0.170.49-0.660.37
0.680.94-0.230.90.890.150.67-0.460.830.010.940.750.140.890.53-0.050.980.25-0.610.70.75-0.270.57-0.760.36
0.360.390.610.210.480.07-0.480.260.580.910.07-0.170.970.380.18-0.450.170.25-0.040.360.02-0.520.77-0.580.38
-0.55-0.640.22-0.29-0.640.04-0.470.38-0.530.09-0.69-0.750.03-0.68-0.06-0.13-0.6-0.61-0.04-0.09-0.950.15-0.380.42-0.2
0.350.56-0.290.640.470.580.48-0.250.520.120.520.150.260.720.93-0.040.70.70.36-0.090.16-0.250.38-0.60.29
0.660.79-0.230.520.77-0.110.57-0.480.63-0.120.840.87-0.060.730.070.110.750.750.02-0.950.16-0.110.44-0.510.27
0.04-0.26-0.22-0.24-0.290.10.1-0.4-0.42-0.4-0.09-0.04-0.46-0.3-0.090.04-0.17-0.27-0.520.15-0.25-0.11-0.390.390.17
0.690.70.440.510.76-0.26-0.16-0.110.860.740.470.260.790.690.08-0.390.490.570.77-0.380.380.44-0.39-0.80.51
-0.62-0.740.03-0.62-0.750.0-0.220.22-0.83-0.4-0.6-0.54-0.54-0.7-0.370.39-0.66-0.76-0.580.42-0.6-0.510.39-0.8-0.41
0.850.50.150.290.530.21-0.01-0.730.490.340.420.190.380.460.2-0.450.370.360.38-0.20.290.270.170.51-0.41
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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(409.8K)(830.6K)1.3M950.8K
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)(78.3M)(74.4M)
Accounts Payable1.3M3.6M3.0M3.2M3.7M3.9M
Cash52.8M41.1M19.8M15.5M20.1M19.4M
Non Current Assets Total17.9M22.6M120.3M130.0M162.9M171.0M
Non Currrent Assets Other703.5K511.3K974.9K13.1M17.6M18.4M
Cash And Short Term Investments57.0M54.2M31.8M25.9M26.7M22.6M
Net Receivables1.8M2.6M9.4M11.6M7.7M8.1M
Liabilities And Stockholders Equity78.3M80.7M164.6M168.8M209.1M219.5M
Non Current Liabilities Total1.8M1.2M70.8M38.4M1.1M1.0M
Total Liab2.9M4.1M55.5M45.6M50.3M52.8M
Property Plant And Equipment Gross2.2M19.2M66.7M55.6M63.9M67.1M
Total Current Assets60.4M58.2M44.3M38.8M35.0M27.0M
Accumulated Other Comprehensive Income19.2M20.7M24.6M11.8M24.6M25.8M
Inventory1.3M870.5K3.1M(14.4M)(7.7M)(7.4M)
Other Current Assets309K407K3.1M1.3M577K427.3K
Net Tangible Assets85.0M83.5M58.8M71.5M82.2M86.3M
Common Stock Total Equity124.1M125.2M128.8M132.7M152.6M107.2M
Short Term Investments4.2M13.1M12.1M10.4M6.6M6.2M
Long Term Investments5.3M8.9M47.5M62.3M62.8M65.9M
Short Term Debt1.3M3.6M50.5M3.2M43.2M45.3M
Common Stock98.6M104.0M156.6M193.0M212.2M120.0M
Property Plant Equipment2.2M5.0M84.2M2.9M3.4M3.2M
Current Deferred Revenue1.8M1.2M2.7M1.7M994K1.0M
Net Invested Capital98.5M97.8M203.4M163.7M153.2M136.3M
Net Working Capital75.2M69.0M(14.3M)31.6M(2.3M)(2.2M)

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