Metalex Short Term Debt vs Short Long Term Debt Total Analysis

MTX Stock

CAD 0.02 0.01 33.33%

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 Term Debt and its Short Long Term Debt Total 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 Term Debt vs Short Long Term Debt Total

Short Term Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalex Ventures Short Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Metalex Ventures' Short Term Debt and Short Long Term Debt Total is 0.67. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total 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 Term Debt and Short Long Term Debt Total 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 Term Debt of Metalex Ventures are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Debt i.e., Metalex Ventures' Short Term Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Debt

Short Long Term Debt Total

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

Click cells to compare fundamentals

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)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Metalex Stock Analysis

When running Metalex Ventures' price analysis, check to measure Metalex Ventures' 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 Metalex Ventures is operating at the current time. Most of Metalex Ventures' value examination focuses on studying past and present price action to predict the probability of Metalex Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalex Ventures' price. Additionally, you may evaluate how the addition of Metalex Ventures to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC