Metal Net Working Capital vs Non Currrent Assets Other Analysis

MSSAW Stock  USD 0.06  0  3.64%   
Metal Sky financial indicator trend analysis is infinitely more than just investigating Metal Sky Star recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metal Sky Star is a good investment. Please check the relationship between Metal Sky Net Working Capital and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metal Sky Star. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Working Capital vs Non Currrent Assets Other

Net Working Capital vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Net Working Capital account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metal Sky's Net Working Capital and Non Currrent Assets Other is 0.85. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Metal Sky Star, assuming nothing else is changed. The correlation between historical values of Metal Sky's Net Working Capital and Non Currrent Assets Other 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 Working Capital of Metal Sky Star are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Working Capital i.e., Metal Sky's Net Working Capital and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Metal Sky's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metal Sky Star 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 Metal Sky Star. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is expected to grow at the current pace this year. Enterprise Value Over EBITDA is likely to drop to -56.13 in 2024
 2010 2022 2023 2024 (projected)
Other Operating Expenses24.9K398.8K458.6K233.0K
Depreciation And Amortization37.3K117.8K135.5K85.3K

Metal Sky fundamental ratios Correlations

-0.410.830.91.00.33-0.68-0.871.01.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
-0.41-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.131.0-0.791.0
0.83-0.790.970.810.79-0.97-1.00.830.83-1.00.890.971.0-0.990.950.820.940.460.830.43-0.791.0-0.79
0.9-0.630.970.880.66-0.91-0.990.90.9-0.990.940.990.97-1.00.940.890.980.610.90.59-0.630.97-0.63
1.0-0.380.810.880.3-0.66-0.851.01.0-0.850.990.820.81-0.880.661.00.810.881.00.87-0.380.81-0.38
0.33-0.950.790.660.3-0.91-0.740.330.33-0.740.430.70.79-0.690.820.310.65-0.180.33-0.21-0.950.79-0.95
-0.680.87-0.97-0.91-0.66-0.910.95-0.68-0.680.95-0.76-0.93-0.970.93-0.96-0.67-0.89-0.25-0.69-0.220.87-0.970.87
-0.870.74-1.0-0.99-0.85-0.740.95-0.87-0.871.0-0.92-0.98-1.01.0-0.94-0.86-0.95-0.53-0.87-0.510.74-1.00.74
1.0-0.410.830.91.00.33-0.68-0.871.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
1.0-0.410.830.91.00.33-0.68-0.871.0-0.870.990.840.83-0.90.691.00.830.871.00.85-0.410.83-0.41
-0.870.74-1.0-0.99-0.85-0.740.951.0-0.87-0.87-0.92-0.98-1.01.0-0.94-0.86-0.95-0.53-0.87-0.510.74-1.00.74
0.99-0.490.890.940.990.43-0.76-0.920.990.99-0.920.90.89-0.940.770.990.890.810.990.79-0.490.89-0.49
0.84-0.640.970.990.820.7-0.93-0.980.840.84-0.980.90.97-0.980.970.830.990.540.850.52-0.640.97-0.64
0.83-0.791.00.970.810.79-0.97-1.00.830.83-1.00.890.97-0.990.950.820.940.460.830.43-0.791.0-0.79
-0.90.69-0.99-1.0-0.88-0.690.931.0-0.9-0.91.0-0.94-0.98-0.99-0.93-0.89-0.96-0.59-0.9-0.570.69-0.990.69
0.69-0.720.950.940.660.82-0.96-0.940.690.69-0.940.770.970.95-0.930.680.960.330.690.3-0.720.95-0.72
1.0-0.390.820.891.00.31-0.67-0.861.01.0-0.860.990.830.82-0.890.680.820.871.00.86-0.390.82-0.39
0.83-0.560.940.980.810.65-0.89-0.950.830.83-0.950.890.990.94-0.960.960.820.570.830.55-0.560.94-0.56
0.870.10.460.610.88-0.18-0.25-0.530.870.87-0.530.810.540.46-0.590.330.870.570.871.00.10.460.1
1.0-0.410.830.91.00.33-0.69-0.871.01.0-0.870.990.850.83-0.90.691.00.830.870.85-0.410.83-0.41
0.850.130.430.590.87-0.21-0.22-0.510.850.85-0.510.790.520.43-0.570.30.860.551.00.850.130.430.13
-0.411.0-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.13-0.791.0
0.83-0.791.00.970.810.79-0.97-1.00.830.83-1.00.890.971.0-0.990.950.820.940.460.830.43-0.79-0.79
-0.411.0-0.79-0.63-0.38-0.950.870.74-0.41-0.410.74-0.49-0.64-0.790.69-0.72-0.39-0.560.1-0.410.131.0-0.79
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Metal Sky Account Relationship Matchups

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