Metalnrg Free Cash Flow vs Change To Netincome Analysis
MNRG Stock | 40.00 3.50 8.05% |
Metalnrg PLC financial indicator trend analysis is infinitely more than just investigating Metalnrg PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalnrg PLC is a good investment. Please check the relationship between Metalnrg PLC Free Cash Flow and its Change To Netincome accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalnrg PLC. 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.
Free Cash Flow vs Change To Netincome
Free Cash Flow vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalnrg PLC Free Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Metalnrg PLC's Free Cash Flow and Change To Netincome is -0.4. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Metalnrg PLC, assuming nothing else is changed. The correlation between historical values of Metalnrg PLC's Free Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Metalnrg PLC are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Free Cash Flow i.e., Metalnrg PLC's Free Cash Flow and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Change To Netincome
Most indicators from Metalnrg PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalnrg PLC 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 Metalnrg PLC. 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. Selling General Administrative is likely to gain to about 1.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Metalnrg PLC fundamental ratios Correlations
Click cells to compare fundamentals
Metalnrg PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metalnrg PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1M | 1.2M | 3.0M | 2.0M | 1.7M | 969.4K | |
Other Current Liab | 21.1K | 45.6K | 126.0K | 114.5K | 211.4K | 222.0K | |
Total Current Liabilities | 214.9K | 1.0M | 649.1K | 1.8M | 2.9M | 3.1M | |
Total Stockholder Equity | 890.7K | 150.2K | 2.3M | 188.3K | (1.2M) | (1.2M) | |
Net Debt | (139.0K) | 693.7K | 290.0K | 425.5K | 843.5K | 885.6K | |
Retained Earnings | (1.8M) | (2.6M) | (4.5M) | (6.7M) | (8.1M) | (7.7M) | |
Accounts Payable | 193.8K | 237.1K | 207.0K | 1.3M | 1.9M | 2.0M | |
Cash | 139.0K | 63.6K | 49.3K | 24.7K | 5.4K | 5.1K | |
Cash And Short Term Investments | 139.0K | 63.6K | 49.3K | 24.7K | 5.4K | 5.1K | |
Net Receivables | 138.0 | 12.1K | 1.0M | 570.7K | 35.9K | 34.1K | |
Common Stock Shares Outstanding | 260.7M | 363.6M | 849.2M | 1.2B | 1.2B | 1.3B | |
Other Current Assets | 85.3K | 29.7K | 1.1M | 581.6K | 72.4K | 68.7K | |
Other Stockholder Equity | 2.2M | 2.5M | 6.4M | 6.5M | 6.8M | 7.1M | |
Total Liab | 214.9K | 1.1M | 672.4K | 1.9M | 2.9M | 3.1M | |
Total Current Assets | 224.3K | 93.3K | 1.1M | 606.3K | 77.7K | 73.8K | |
Common Stock | 272.8K | 37.1K | 113.5K | 123.2K | 110.9K | 103.2K | |
Liabilities And Stockholders Equity | 1.1M | 1.2M | 3.0M | 2.0M | 1.7M | 1.1M | |
Non Current Liabilities Total | 214.9K | 29.0K | 23.3K | 25.7K | 22.2K | 21.1K | |
Net Tangible Assets | 313.1K | 224.5K | (518.7K) | 1.7M | 2.0M | 2.1M | |
Non Current Assets Total | 881.3K | 1.1M | 1.8M | 1.4M | 1.6M | 1.1M | |
Capital Surpluse | 1.1M | 1.9M | 2.4M | 2.5M | 2.9M | 1.9M | |
Non Currrent Assets Other | (1.0) | 466.7K | 1.3M | 860.8K | (1.0M) | (985.5K) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Metalnrg Stock Analysis
When running Metalnrg PLC's price analysis, check to measure Metalnrg PLC'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 Metalnrg PLC is operating at the current time. Most of Metalnrg PLC's value examination focuses on studying past and present price action to predict the probability of Metalnrg PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalnrg PLC's price. Additionally, you may evaluate how the addition of Metalnrg PLC to your portfolios can decrease your overall portfolio volatility.