Metal Total Current Liabilities vs Net Debt 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 Total Current Liabilities and its Net Debt 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 Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Metal Sky's Total Current Liabilities and Net Debt is 0.66. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Current Liabilities and Net Debt 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 Current Liabilities of Metal Sky Star are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Metal Sky's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Metal Sky balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Metal Sky Star are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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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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.