Metalex Short Long Term Debt Total vs Total Current Assets Analysis

MTX Stock

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Metalex Ventures financial indicator trend analysis is infinitely more than just investigating Metalex Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalex Ventures is a good investment. Please check the relationship between Metalex Ventures Short Long Term Debt Total and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalex Ventures. 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.

Short Long Term Debt Total vs Total Current Assets

Short Long Term Debt Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalex Ventures Short Long Term Debt Total account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Metalex Ventures' Short Long Term Debt Total and Total Current Assets is 0.12. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Metalex Ventures, assuming nothing else is changed. The correlation between historical values of Metalex Ventures' Short Long Term Debt Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Metalex Ventures are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Long Term Debt Total i.e., Metalex Ventures' Short Long Term Debt Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Long Term Debt Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Metalex Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalex Ventures 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 Metalex Ventures. 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.

At this time, Metalex Ventures' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 494 K in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.7K	458.0	344.0	326.8
Interest Income	12.7K	86.5K	135.2K	163.0K

Reconciled Depreciation Interest Income

Metalex Ventures fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Inventory	Common Stock	Net Tangible Assets	Other Assets	Property Plant Equipment	Net Invested Capital
Total Assets		0.36	-0.46	-0.29	0.96	0.8	-0.86	-0.22	0.58	0.78	0.3	0.56	0.86	0.26	-0.06	0.29	-0.3	0.79	0.42	0.42	0.68	-0.23	0.51	0.18	0.28	0.32
Short Long Term Debt Total	0.36		0.28	0.54	0.17	0.53	-0.18	-0.98	-0.16	0.11	0.39	0.23	0.18	0.63	0.12	0.17	0.54	0.12	0.67	0.13	0.04	0.42	0.19	-0.15	-0.44	0.3
Other Current Liab	-0.46	0.28		0.82	-0.64	0.06	0.27	-0.42	-0.13	-0.14	-0.52	-0.3	-0.27	-0.34	-0.09	0.39	0.83	-0.11	-0.16	0.2	-0.12	-0.03	-0.78	-0.18	-0.06	-0.57
Total Current Liabilities	-0.29	0.54	0.82		-0.54	0.14	0.2	-0.64	-0.17	-0.19	-0.26	-0.27	-0.2	-0.01	-0.16	0.38	1.0	-0.16	0.33	0.24	-0.17	0.03	-0.53	-0.2	-0.31	-0.44
Total Stockholder Equity	0.96	0.17	-0.64	-0.54		0.66	-0.81	-0.02	0.56	0.74	0.34	0.57	0.81	0.23	-0.01	0.15	-0.54	0.74	0.28	0.3	0.64	-0.21	0.59	0.21	0.33	0.4
Property Plant And Equipment Net	0.8	0.53	0.06	0.14	0.66		-0.8	-0.43	0.64	0.8	-0.07	0.51	0.8	-0.02	-0.21	0.66	0.14	0.85	0.25	0.7	0.77	-0.42	0.07	0.07	0.45	-0.09
Net Debt	-0.86	-0.18	0.27	0.2	-0.81	-0.8		0.05	-0.86	-0.98	0.17	-0.35	-1.0	0.15	0.12	-0.48	0.2	-0.95	-0.12	-0.61	-0.75	0.44	-0.1	-0.27	-0.44	0.11
Retained Earnings	-0.22	-0.98	-0.42	-0.64	-0.02	-0.43	0.05		0.26	-0.01	-0.34	-0.14	-0.04	-0.59	-0.15	-0.14	-0.64	-0.02	-0.64	-0.08	0.07	-0.45	-0.09	0.2	0.49	-0.25
Accounts Payable	0.58	-0.16	-0.13	-0.17	0.56	0.64	-0.86	0.26		0.89	-0.46	0.26	0.86	-0.52	-0.31	0.62	-0.17	0.86	-0.2	0.8	0.66	-0.74	-0.16	0.25	0.72	-0.42
Cash	0.78	0.11	-0.14	-0.19	0.74	0.8	-0.98	-0.01	0.89		-0.3	0.31	0.98	-0.29	-0.12	0.53	-0.19	0.98	-0.03	0.64	0.78	-0.49	-0.05	0.26	0.52	-0.21
Non Current Assets Total	0.3	0.39	-0.52	-0.26	0.34	-0.07	0.17	-0.34	-0.46	-0.3		0.44	-0.17	0.93	0.13	-0.49	-0.27	-0.33	0.57	-0.37	-0.33	0.57	0.9	-0.16	-0.43	0.95
Non Currrent Assets Other	0.56	0.23	-0.3	-0.27	0.57	0.51	-0.35	-0.14	0.26	0.31	0.44		0.33	0.24	0.04	0.16	-0.27	0.34	0.09	0.38	0.25	-0.2	0.56	-0.11	0.42	0.46
Cash And Short Term Investments	0.86	0.18	-0.27	-0.2	0.81	0.8	-1.0	-0.04	0.86	0.98	-0.17	0.33		-0.15	-0.12	0.48	-0.2	0.95	0.13	0.61	0.76	-0.45	0.09	0.26	0.44	-0.12
Common Stock Shares Outstanding	0.26	0.63	-0.34	-0.01	0.23	-0.02	0.15	-0.59	-0.52	-0.29	0.93	0.24	-0.15		0.18	-0.46	-0.02	-0.33	0.71	-0.37	-0.38	0.71	0.75	-0.16	-0.65	0.85
Other Current Assets	-0.06	0.12	-0.09	-0.16	-0.01	-0.21	0.12	-0.15	-0.31	-0.12	0.13	0.04	-0.12	0.18		-0.28	-0.16	-0.14	0.1	-0.31	-0.23	0.41	0.18	0.23	-0.36	0.34
Other Stockholder Equity	0.29	0.17	0.39	0.38	0.15	0.66	-0.48	-0.14	0.62	0.53	-0.49	0.16	0.48	-0.46	-0.28		0.39	0.6	-0.05	0.8	0.55	-0.68	-0.37	0.13	0.55	-0.55
Total Liab	-0.3	0.54	0.83	1.0	-0.54	0.14	0.2	-0.64	-0.17	-0.19	-0.27	-0.27	-0.2	-0.02	-0.16	0.39		-0.16	0.32	0.24	-0.17	0.03	-0.53	-0.2	-0.3	-0.44
Total Current Assets	0.79	0.12	-0.11	-0.16	0.74	0.85	-0.95	-0.02	0.86	0.98	-0.33	0.34	0.95	-0.33	-0.14	0.6	-0.16		-0.04	0.64	0.88	-0.55	-0.06	0.29	0.59	-0.25
Short Term Debt	0.42	0.67	-0.16	0.33	0.28	0.25	-0.12	-0.64	-0.2	-0.03	0.57	0.09	0.13	0.71	0.1	-0.05	0.32	-0.04		-0.02	-0.06	0.28	0.46	-0.18	-0.55	0.42
Net Receivables	0.42	0.13	0.2	0.24	0.3	0.7	-0.61	-0.08	0.8	0.64	-0.37	0.38	0.61	-0.37	-0.31	0.8	0.24	0.64	-0.02		0.43	-0.75	-0.16	0.12	0.69	-0.39
Inventory	0.68	0.04	-0.12	-0.17	0.64	0.77	-0.75	0.07	0.66	0.78	-0.33	0.25	0.76	-0.38	-0.23	0.55	-0.17	0.88	-0.06	0.43		-0.56	-0.1	0.26	0.57	-0.32
Common Stock	-0.23	0.42	-0.03	0.03	-0.21	-0.42	0.44	-0.45	-0.74	-0.49	0.57	-0.2	-0.45	0.71	0.41	-0.68	0.03	-0.55	0.28	-0.75	-0.56		0.29	-0.1	-0.86	0.58
Net Tangible Assets	0.51	0.19	-0.78	-0.53	0.59	0.07	-0.1	-0.09	-0.16	-0.05	0.9	0.56	0.09	0.75	0.18	-0.37	-0.53	-0.06	0.46	-0.16	-0.1	0.29		0.08	-0.13	0.9
Other Assets	0.18	-0.15	-0.18	-0.2	0.21	0.07	-0.27	0.2	0.25	0.26	-0.16	-0.11	0.26	-0.16	0.23	0.13	-0.2	0.29	-0.18	0.12	0.26	-0.1	0.08		0.17	-0.06
Property Plant Equipment	0.28	-0.44	-0.06	-0.31	0.33	0.45	-0.44	0.49	0.72	0.52	-0.43	0.42	0.44	-0.65	-0.36	0.55	-0.3	0.59	-0.55	0.69	0.57	-0.86	-0.13	0.17		-0.36
Net Invested Capital	0.32	0.3	-0.57	-0.44	0.4	-0.09	0.11	-0.25	-0.42	-0.21	0.95	0.46	-0.12	0.85	0.34	-0.55	-0.44	-0.25	0.42	-0.39	-0.32	0.58	0.9	-0.06	-0.36

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Metalex Ventures Account Relationship Matchups

Metalex Ventures fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1M	5.6M	6.8M	8.4M	6.6M	10.0M
Other Current Liab	4.0M	2.0M	1.6M	2.1M	60.3K	57.2K
Total Current Liabilities	4.0M	2.0M	1.6M	2.1M	2.4M	3.3M
Total Stockholder Equity	(928.1K)	3.6M	5.2M	6.3M	4.2M	6.8M
Property Plant And Equipment Net	277.9K	291.1K	313.3K	312.8K	312.5K	296.9K
Net Debt	(275.9K)	(2.3M)	(739.7K)	(2.3M)	(2.7M)	(2.8M)
Retained Earnings	(100.8M)	(100.2M)	(98.6M)	(99.9M)	(102.1M)	(107.2M)
Accounts Payable	9.0K	12.5K	10.1K	13.4K	12.1K	11.5K
Cash	275.9K	2.3M	739.7K	2.3M	422.1K	401.0K
Non Current Assets Total	2.8M	3.1M	6.0M	6.0M	6.1M	6.6M
Non Currrent Assets Other	1.1M	1.1M	1.1M	1.2M	1.2M	652.0K
Cash And Short Term Investments	275.9K	2.3M	739.7K	2.3M	2.1M	3.2M
Common Stock Shares Outstanding	119.1M	135.1M	194.6M	201.5M	234.4M	246.2M
Liabilities And Stockholders Equity	3.1M	5.6M	6.8M	8.4M	7.6M	10.2M
Other Current Assets	18.7K	230.2K	23.1K	21.8K	25.1K	44.7K
Other Stockholder Equity	9.3M	7.8M	7.8M	8.4M	7.6M	7.2M
Total Liab	4.0M	2.0M	1.6M	2.1M	2.4M	3.2M
Total Current Assets	299.7K	2.5M	781.7K	2.4M	458.1K	435.2K
Accumulated Other Comprehensive Income	9.3M	7.8M	7.8M	8.4M	9.7M	8.6M
Net Receivables	5.1K	26.2K	18.9K	30.5K	27.5K	26.1K
Net Tangible Assets	(928.1K)	3.6M	5.2M	6.3M	7.3M	7.6M
Property Plant Equipment	277.9K	291.1K	313.3K	312.8K	281.6K	239.7K
Net Invested Capital	(928.1K)	3.6M	5.2M	6.3M	4.2M	4.4M
Net Working Capital	(3.7M)	486.9K	(823.6K)	261.7K	(1.9M)	(2.0M)

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