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 DirectionPositive 
Relationship StrengthSignificant

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 Depreciation1.7K458.0344.0326.8
Interest Income12.7K86.5K135.2K163.0K

Metalex Ventures fundamental ratios Correlations

0.36-0.46-0.290.960.8-0.86-0.220.580.780.30.560.860.26-0.060.29-0.30.790.420.420.68-0.230.510.180.280.32
0.360.280.540.170.53-0.18-0.98-0.160.110.390.230.180.630.120.170.540.120.670.130.040.420.19-0.15-0.440.3
-0.460.280.82-0.640.060.27-0.42-0.13-0.14-0.52-0.3-0.27-0.34-0.090.390.83-0.11-0.160.2-0.12-0.03-0.78-0.18-0.06-0.57
-0.290.540.82-0.540.140.2-0.64-0.17-0.19-0.26-0.27-0.2-0.01-0.160.381.0-0.160.330.24-0.170.03-0.53-0.2-0.31-0.44
0.960.17-0.64-0.540.66-0.81-0.020.560.740.340.570.810.23-0.010.15-0.540.740.280.30.64-0.210.590.210.330.4
0.80.530.060.140.66-0.8-0.430.640.8-0.070.510.8-0.02-0.210.660.140.850.250.70.77-0.420.070.070.45-0.09
-0.86-0.180.270.2-0.81-0.80.05-0.86-0.980.17-0.35-1.00.150.12-0.480.2-0.95-0.12-0.61-0.750.44-0.1-0.27-0.440.11
-0.22-0.98-0.42-0.64-0.02-0.430.050.26-0.01-0.34-0.14-0.04-0.59-0.15-0.14-0.64-0.02-0.64-0.080.07-0.45-0.090.20.49-0.25
0.58-0.16-0.13-0.170.560.64-0.860.260.89-0.460.260.86-0.52-0.310.62-0.170.86-0.20.80.66-0.74-0.160.250.72-0.42
0.780.11-0.14-0.190.740.8-0.98-0.010.89-0.30.310.98-0.29-0.120.53-0.190.98-0.030.640.78-0.49-0.050.260.52-0.21
0.30.39-0.52-0.260.34-0.070.17-0.34-0.46-0.30.44-0.170.930.13-0.49-0.27-0.330.57-0.37-0.330.570.9-0.16-0.430.95
0.560.23-0.3-0.270.570.51-0.35-0.140.260.310.440.330.240.040.16-0.270.340.090.380.25-0.20.56-0.110.420.46
0.860.18-0.27-0.20.810.8-1.0-0.040.860.98-0.170.33-0.15-0.120.48-0.20.950.130.610.76-0.450.090.260.44-0.12
0.260.63-0.34-0.010.23-0.020.15-0.59-0.52-0.290.930.24-0.150.18-0.46-0.02-0.330.71-0.37-0.380.710.75-0.16-0.650.85
-0.060.12-0.09-0.16-0.01-0.210.12-0.15-0.31-0.120.130.04-0.120.18-0.28-0.16-0.140.1-0.31-0.230.410.180.23-0.360.34
0.290.170.390.380.150.66-0.48-0.140.620.53-0.490.160.48-0.46-0.280.390.6-0.050.80.55-0.68-0.370.130.55-0.55
-0.30.540.831.0-0.540.140.2-0.64-0.17-0.19-0.27-0.27-0.2-0.02-0.160.39-0.160.320.24-0.170.03-0.53-0.2-0.3-0.44
0.790.12-0.11-0.160.740.85-0.95-0.020.860.98-0.330.340.95-0.33-0.140.6-0.16-0.040.640.88-0.55-0.060.290.59-0.25
0.420.67-0.160.330.280.25-0.12-0.64-0.2-0.030.570.090.130.710.1-0.050.32-0.04-0.02-0.060.280.46-0.18-0.550.42
0.420.130.20.240.30.7-0.61-0.080.80.64-0.370.380.61-0.37-0.310.80.240.64-0.020.43-0.75-0.160.120.69-0.39
0.680.04-0.12-0.170.640.77-0.750.070.660.78-0.330.250.76-0.38-0.230.55-0.170.88-0.060.43-0.56-0.10.260.57-0.32
-0.230.42-0.030.03-0.21-0.420.44-0.45-0.74-0.490.57-0.2-0.450.710.41-0.680.03-0.550.28-0.75-0.560.29-0.1-0.860.58
0.510.19-0.78-0.530.590.07-0.1-0.09-0.16-0.050.90.560.090.750.18-0.37-0.53-0.060.46-0.16-0.10.290.08-0.130.9
0.18-0.15-0.18-0.20.210.07-0.270.20.250.26-0.16-0.110.26-0.160.230.13-0.20.29-0.180.120.26-0.10.080.17-0.06
0.28-0.44-0.06-0.310.330.45-0.440.490.720.52-0.430.420.44-0.65-0.360.55-0.30.59-0.550.690.57-0.86-0.130.17-0.36
0.320.3-0.57-0.440.4-0.090.11-0.25-0.42-0.210.950.46-0.120.850.34-0.55-0.44-0.250.42-0.39-0.320.580.9-0.06-0.36
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Metalex Ventures Account Relationship Matchups

Metalex Ventures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1M5.6M6.8M8.4M6.6M10.0M
Other Current Liab4.0M2.0M1.6M2.1M60.3K57.2K
Total Current Liabilities4.0M2.0M1.6M2.1M2.4M3.3M
Total Stockholder Equity(928.1K)3.6M5.2M6.3M4.2M6.8M
Property Plant And Equipment Net277.9K291.1K313.3K312.8K312.5K296.9K
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 Payable9.0K12.5K10.1K13.4K12.1K11.5K
Cash275.9K2.3M739.7K2.3M422.1K401.0K
Non Current Assets Total2.8M3.1M6.0M6.0M6.1M6.6M
Non Currrent Assets Other1.1M1.1M1.1M1.2M1.2M652.0K
Cash And Short Term Investments275.9K2.3M739.7K2.3M2.1M3.2M
Common Stock Shares Outstanding119.1M135.1M194.6M201.5M234.4M246.2M
Liabilities And Stockholders Equity3.1M5.6M6.8M8.4M7.6M10.2M
Other Current Assets18.7K230.2K23.1K21.8K25.1K44.7K
Other Stockholder Equity9.3M7.8M7.8M8.4M7.6M7.2M
Total Liab4.0M2.0M1.6M2.1M2.4M3.2M
Total Current Assets299.7K2.5M781.7K2.4M458.1K435.2K
Accumulated Other Comprehensive Income9.3M7.8M7.8M8.4M9.7M8.6M
Net Receivables5.1K26.2K18.9K30.5K27.5K26.1K
Net Tangible Assets(928.1K)3.6M5.2M6.3M7.3M7.6M
Property Plant Equipment277.9K291.1K313.3K312.8K281.6K239.7K
Net Invested Capital(928.1K)3.6M5.2M6.3M4.2M4.4M
Net Working Capital(3.7M)486.9K(823.6K)261.7K(1.9M)(2.0M)

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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.