Methanex Other Non Cash Items vs Net Income Analysis
MEOH Stock | USD 46.71 0.75 1.58% |
Methanex financial indicator trend analysis is infinitely more than just investigating Methanex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Methanex is a good investment. Please check the relationship between Methanex Other Non Cash Items and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Methanex's Other Non Cash Items and Net Income is -0.67. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Other Non Cash Items and Net Income 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 Non Cash Items of Methanex are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Methanex's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Methanex financial statement analysis. It represents the amount of money remaining after all of Methanex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Methanex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Methanex 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.As of now, Methanex's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Methanex's current Enterprise Value is estimated to increase to about 6.1 B, while Selling General Administrative is projected to decrease to under 210 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 865.1M | 655.4M | 488.5M | Total Revenue | 4.4B | 4.3B | 3.7B | 2.3B |
Methanex fundamental ratios Correlations
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Methanex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Methanex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.7B | 6.1B | 6.6B | 6.4B | 3.5B | |
Short Long Term Debt Total | 2.5B | 3.1B | 2.9B | 3.0B | 3.0B | 3.2B | |
Total Current Liabilities | 648.2M | 765.4M | 963.2M | 942.6M | 1.3B | 1.4B | |
Total Stockholder Equity | 1.3B | 1.1B | 1.7B | 2.1B | 1.9B | 1.4B | |
Property Plant And Equipment Net | 3.6B | 3.7B | 3.7B | 4.2B | 4.4B | 2.2B | |
Net Debt | 2.1B | 2.3B | 1.9B | 2.2B | 2.6B | 2.7B | |
Retained Earnings | 1.0B | 843.6M | 1.3B | 1.5B | 1.5B | 792.7M | |
Accounts Payable | 493.8M | 601.0M | 836.0M | 789.2M | 771.9M | 810.5M | |
Cash | 416.8M | 833.8M | 932.1M | 857.7M | 458.0M | 431.9M | |
Non Current Assets Total | 4.0B | 4.1B | 4.1B | 4.8B | 4.9B | 5.2B | |
Non Currrent Assets Other | 82.8M | 92.5M | 99.2M | 356.4M | 41.5M | 78.7M | |
Cash And Short Term Investments | 416.8M | 833.8M | 932.1M | 857.7M | 458.0M | 431.9M | |
Net Receivables | 488.7M | 412M | 550.6M | 500.7M | 530.9M | 369.5M | |
Common Stock Shares Outstanding | 76.7M | 76.2M | 76.2M | 71.7M | 67.8M | 94.1M | |
Liabilities And Stockholders Equity | 5.2B | 5.7B | 6.1B | 6.6B | 6.4B | 3.5B | |
Non Current Liabilities Total | 2.9B | 3.5B | 3.2B | 3.3B | 3.0B | 1.5B | |
Inventory | 281.1M | 308.7M | 459.6M | 439.8M | 426.8M | 231.1M | |
Other Current Assets | 8.2M | 40.4M | 139.1M | 171.1M | 61.9M | 31.7M | |
Other Stockholder Equity | 1.8M | 1.9M | 1.9M | 1.9M | 1.8M | 1.7M | |
Total Liab | 3.6B | 4.3B | 4.1B | 4.2B | 4.3B | 4.5B | |
Total Current Assets | 1.2B | 1.6B | 2.0B | 1.9B | 1.5B | 1.1B | |
Short Term Debt | 128.2M | 137.3M | 110.1M | 123.9M | 435.4M | 457.2M | |
Other Current Liab | 520.0M | 27.2M | 17.2M | 29.5M | 95.0M | 166.9M | |
Common Stock Total Equity | 480.3M | 446.5M | 440.5M | 440.7M | 396.7M | 429.8M | |
Property Plant And Equipment Gross | 3.6B | 3.7B | 6.8B | 7.6B | 7.9B | 8.3B | |
Accumulated Other Comprehensive Income | (150.4M) | (137.1M) | (2.7M) | 241.9M | 22.9M | 24.0M | |
Common Stock | 442.3M | 440.7M | 432.7M | 401.3M | 391.9M | 419.2M | |
Current Deferred Revenue | (493.8M) | (601.0M) | (834.8M) | (788.8M) | 1.0 | 1.05 | |
Other Liab | 558.9M | 540.9M | 406.5M | 361.6M | 415.8M | 271.0M | |
Other Assets | 194.4M | 230.1M | 197.4M | 402.7M | 25.3M | 24.0M | |
Long Term Debt | 1.7B | 2.3B | 2.1B | 2.1B | 1.8B | 1.2B | |
Property Plant Equipment | 3.6B | 3.7B | 3.7B | 4.2B | 4.8B | 2.5B | |
Long Term Investments | 193.5M | 194.0M | 217.3M | 197.1M | 189.9M | 163.0M | |
Short Long Term Debt | 38.4M | 39.8M | 11.8M | 15.1M | 314.7M | 171.4M | |
Net Tangible Assets | 1.3B | 1.1B | 1.7B | 2.1B | 2.4B | 1.8B |
Currently Active Assets on Macroaxis
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methanex. If investors know Methanex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.74 | Earnings Share 2.12 | Revenue Per Share 54.81 | Quarterly Revenue Growth 0.135 |
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methanex's market value can be influenced by many factors that don't directly affect Methanex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.