Metal Total Assets vs Net Working Capital Analysis
| MSSAW Stock | USD 0.05 0 7.82% |
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 Total Assets and its Net Working Capital 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.
Total Assets vs Net Working Capital
Total Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metal Sky's Total Assets and Net Working Capital is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Metal Sky Star are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Metal Sky's Total Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Metal Sky assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Metal Sky Star books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Working Capital
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 Expenses | 24.9K | 398.8K | 458.6K | 233.0K | Depreciation And Amortization | 37.3K | 117.8K | 135.5K | 85.3K |
Metal Sky fundamental ratios Correlations
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Metal Sky Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Metal Sky's price analysis, check to measure Metal Sky'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 Metal Sky is operating at the current time. Most of Metal Sky's value examination focuses on studying past and present price action to predict the probability of Metal Sky's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metal Sky's price. Additionally, you may evaluate how the addition of Metal Sky to your portfolios can decrease your overall portfolio volatility.