Metalnrg Selling General Administrative vs Ebitda 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 Selling General Administrative and its Ebitda 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.

Selling General Administrative vs Ebitda

Selling General Administrative vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalnrg PLC Selling General Administrative account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Metalnrg PLC's Selling General Administrative and Ebitda is -0.65. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda 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 Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Metalnrg PLC are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., Metalnrg PLC's Selling General Administrative and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Selling General Administrative

Ebitda

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

0.650.520.350.6-0.690.47-0.63-0.710.820.71-0.37-0.640.860.830.530.72-0.170.740.230.670.870.870.310.59-0.36
0.650.96-0.420.89-0.970.94-0.74-0.750.360.95-0.32-0.440.370.950.960.17-0.160.9-0.080.910.640.69-0.43-0.15-0.84
0.520.96-0.60.94-0.970.98-0.74-0.740.160.93-0.32-0.430.170.881.0-0.05-0.190.89-0.070.810.630.68-0.53-0.34-0.94
0.35-0.42-0.6-0.470.41-0.630.210.150.6-0.340.0-0.120.63-0.17-0.590.740.04-0.280.31-0.220.070.040.850.940.7
0.60.890.94-0.47-0.890.86-0.79-0.760.220.85-0.29-0.530.240.840.940.01-0.260.96-0.10.660.690.74-0.37-0.15-0.85
-0.69-0.97-0.970.41-0.89-0.950.750.78-0.39-0.980.360.48-0.4-0.97-0.97-0.190.18-0.910.04-0.9-0.72-0.750.350.150.86
0.470.940.98-0.630.86-0.95-0.71-0.710.130.92-0.29-0.380.140.860.98-0.08-0.140.8-0.030.840.570.62-0.58-0.42-0.94
-0.63-0.74-0.740.21-0.790.75-0.710.73-0.34-0.730.020.74-0.4-0.76-0.74-0.20.18-0.75-0.13-0.64-0.57-0.650.18-0.020.62
-0.71-0.75-0.740.15-0.760.78-0.710.73-0.38-0.810.70.67-0.44-0.81-0.75-0.160.49-0.76-0.24-0.65-0.72-0.790.14-0.10.65
0.820.360.160.60.22-0.390.13-0.34-0.380.46-0.19-0.380.990.580.170.97-0.080.48-0.080.550.470.440.640.760.1
0.710.950.93-0.340.85-0.980.92-0.73-0.810.46-0.42-0.460.470.970.930.26-0.290.9-0.070.920.690.73-0.27-0.08-0.79
-0.37-0.32-0.320.0-0.290.36-0.290.020.7-0.19-0.420.21-0.23-0.39-0.32-0.030.54-0.33-0.22-0.28-0.46-0.480.02-0.130.3
-0.64-0.44-0.43-0.12-0.530.48-0.380.740.67-0.38-0.460.21-0.45-0.55-0.43-0.27-0.07-0.52-0.48-0.32-0.65-0.69-0.09-0.330.41
0.860.370.170.630.24-0.40.14-0.4-0.440.990.47-0.23-0.450.60.180.96-0.10.480.050.550.520.510.620.780.08
0.830.950.88-0.170.84-0.970.86-0.76-0.810.580.97-0.39-0.550.60.890.4-0.190.910.040.920.770.81-0.160.1-0.74
0.530.961.0-0.590.94-0.970.98-0.74-0.750.170.93-0.32-0.430.180.89-0.05-0.190.89-0.070.810.630.68-0.53-0.33-0.94
0.720.17-0.050.740.01-0.19-0.08-0.2-0.160.970.26-0.03-0.270.960.4-0.050.050.28-0.030.40.340.30.730.830.29
-0.17-0.16-0.190.04-0.260.18-0.140.180.49-0.08-0.290.54-0.07-0.1-0.19-0.190.05-0.260.12-0.11-0.16-0.21-0.04-0.050.09
0.740.90.89-0.280.96-0.910.8-0.75-0.760.480.9-0.33-0.520.480.910.890.28-0.26-0.190.740.730.75-0.140.05-0.73
0.23-0.08-0.070.31-0.10.04-0.03-0.13-0.24-0.08-0.07-0.22-0.480.050.04-0.07-0.030.12-0.19-0.080.40.44-0.010.25-0.12
0.670.910.81-0.220.66-0.90.84-0.64-0.650.550.92-0.28-0.320.550.920.810.4-0.110.74-0.080.530.57-0.25-0.04-0.64
0.870.640.630.070.69-0.720.57-0.57-0.720.470.69-0.46-0.650.520.770.630.34-0.160.730.40.530.990.030.32-0.62
0.870.690.680.040.74-0.750.62-0.65-0.790.440.73-0.48-0.690.510.810.680.3-0.210.750.440.570.99-0.030.29-0.66
0.31-0.43-0.530.85-0.370.35-0.580.180.140.64-0.270.02-0.090.62-0.16-0.530.73-0.04-0.14-0.01-0.250.03-0.030.830.69
0.59-0.15-0.340.94-0.150.15-0.42-0.02-0.10.76-0.08-0.13-0.330.780.1-0.330.83-0.050.050.25-0.040.320.290.830.48
-0.36-0.84-0.940.7-0.850.86-0.940.620.650.1-0.790.30.410.08-0.74-0.940.290.09-0.73-0.12-0.64-0.62-0.660.690.48
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Metalnrg PLC Account Relationship Matchups

Metalnrg PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1M1.2M3.0M2.0M1.7M969.4K
Other Current Liab21.1K45.6K126.0K114.5K211.4K222.0K
Total Current Liabilities214.9K1.0M649.1K1.8M2.9M3.1M
Total Stockholder Equity890.7K150.2K2.3M188.3K(1.2M)(1.2M)
Net Debt(139.0K)693.7K290.0K425.5K843.5K885.6K
Retained Earnings(1.8M)(2.6M)(4.5M)(6.7M)(8.1M)(7.7M)
Accounts Payable193.8K237.1K207.0K1.3M1.9M2.0M
Cash139.0K63.6K49.3K24.7K5.4K5.1K
Cash And Short Term Investments139.0K63.6K49.3K24.7K5.4K5.1K
Net Receivables138.012.1K1.0M570.7K35.9K34.1K
Common Stock Shares Outstanding260.7M363.6M849.2M1.2B1.2B1.3B
Other Current Assets85.3K29.7K1.1M581.6K72.4K68.7K
Other Stockholder Equity2.2M2.5M6.4M6.5M6.8M7.1M
Total Liab214.9K1.1M672.4K1.9M2.9M3.1M
Total Current Assets224.3K93.3K1.1M606.3K77.7K73.8K
Common Stock272.8K37.1K113.5K123.2K110.9K103.2K
Liabilities And Stockholders Equity1.1M1.2M3.0M2.0M1.7M1.1M
Non Current Liabilities Total214.9K29.0K23.3K25.7K22.2K21.1K
Net Tangible Assets313.1K224.5K(518.7K)1.7M2.0M2.1M
Non Current Assets Total881.3K1.1M1.8M1.4M1.6M1.1M
Capital Surpluse1.1M1.9M2.4M2.5M2.9M1.9M
Non Currrent Assets Other(1.0)466.7K1.3M860.8K(1.0M)(985.5K)

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