Polymetals Net Receivables vs Non Currrent Assets Other Analysis

POL Stock

0.76 0.08 11.76%

Polymetals Resources financial indicator trend analysis is much more than just breaking down Polymetals Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polymetals Resources is a good investment. Please check the relationship between Polymetals Resources Net Receivables and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polymetals Resources. 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.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polymetals Resources Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Polymetals Resources' Net Receivables and Non Currrent Assets Other is 0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Polymetals Resources, assuming nothing else is changed. The correlation between historical values of Polymetals Resources' Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Polymetals Resources are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Polymetals Resources' Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Polymetals Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polymetals Resources 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polymetals Resources. 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.

Issuance Of Capital Stock is likely to gain to about 3.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 360.5 K in 2024.

	2021	2023	2024 (projected)
Minority Interest	342.3K	393.6K	198.0K
Cost Of Revenue	550.7K	4.4K	4.2K

Minority Interest Cost Of Revenue

Polymetals Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Other Current Assets	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock
Total Assets		0.96	0.98	-0.99	0.92	0.92	0.73	0.96	0.93	0.88	0.98	-0.09	0.9	0.91	0.91	0.85	0.13	0.85	0.92	0.17	0.6	0.76	0.97	-0.68	0.79	0.98
Total Current Liabilities	0.96		0.97	-0.97	0.84	0.84	0.73	1.0	0.85	0.97	0.97	-0.22	0.83	0.91	0.94	0.82	0.05	0.87	0.91	0.31	0.65	0.78	0.97	-0.77	0.71	0.97
Total Stockholder Equity	0.98	0.97		-0.99	0.85	0.85	0.75	0.97	0.85	0.91	1.0	-0.28	0.86	0.92	0.96	0.85	0.04	0.88	0.93	0.31	0.65	0.78	0.99	-0.78	0.73	0.99
Retained Earnings	-0.99	-0.97	-0.99		-0.87	-0.87	-0.74	-0.97	-0.88	-0.89	-0.99	0.14	-0.91	-0.95	-0.93	-0.82	-0.16	-0.9	-0.96	-0.2	-0.65	-0.81	-0.99	0.71	-0.81	-0.99
Cash	0.92	0.84	0.85	-0.87		1.0	0.72	0.84	1.0	0.79	0.87	0.03	0.79	0.74	0.75	0.87	-0.06	0.65	0.76	0.15	0.36	0.52	0.83	-0.57	0.64	0.83
Cash And Short Term Investments	0.92	0.84	0.85	-0.87	1.0		0.72	0.84	1.0	0.79	0.87	0.03	0.79	0.74	0.75	0.87	-0.06	0.65	0.76	0.15	0.36	0.52	0.83	-0.57	0.64	0.83
Common Stock Shares Outstanding	0.73	0.73	0.75	-0.74	0.72	0.72		0.73	0.72	0.75	0.76	-0.28	0.77	0.72	0.68	0.81	-0.33	0.62	0.77	0.32	0.23	0.37	0.71	-0.61	0.56	0.71
Total Liab	0.96	1.0	0.97	-0.97	0.84	0.84	0.73		0.85	0.97	0.97	-0.22	0.83	0.91	0.94	0.82	0.05	0.87	0.91	0.31	0.65	0.78	0.97	-0.77	0.71	0.97
Total Current Assets	0.93	0.85	0.85	-0.88	1.0	1.0	0.72	0.85		0.79	0.87	0.03	0.8	0.74	0.76	0.86	-0.05	0.66	0.77	0.15	0.37	0.54	0.84	-0.57	0.65	0.84
Short Term Debt	0.88	0.97	0.91	-0.89	0.79	0.79	0.75	0.97	0.79		0.91	-0.27	0.74	0.79	0.86	0.84	-0.13	0.75	0.81	0.37	0.52	0.62	0.89	-0.75	0.57	0.89
Common Stock	0.98	0.97	1.0	-0.99	0.87	0.87	0.76	0.97	0.87	0.91		-0.24	0.87	0.92	0.94	0.87	0.04	0.87	0.92	0.28	0.62	0.76	0.99	-0.76	0.74	0.99
Property Plant Equipment	-0.09	-0.22	-0.28	0.14	0.03	0.03	-0.28	-0.22	0.03	-0.27	-0.24		0.15	-0.19	-0.45	-0.11	0.56	-0.32	-0.15	-0.92	-0.43	-0.21	-0.26	0.75	0.32	-0.25
Short Long Term Debt Total	0.9	0.83	0.86	-0.91	0.79	0.79	0.77	0.83	0.8	0.74	0.87	0.15		0.89	0.73	0.79	0.28	0.77	0.92	-0.14	0.41	0.66	0.85	-0.41	0.95	0.86
Other Current Liab	0.91	0.91	0.92	-0.95	0.74	0.74	0.72	0.91	0.74	0.79	0.92	-0.19	0.89		0.93	0.65	0.28	0.98	1.0	0.23	0.77	0.9	0.95	-0.72	0.85	0.95
Net Tangible Assets	0.91	0.94	0.96	-0.93	0.75	0.75	0.68	0.94	0.76	0.86	0.94	-0.45	0.73	0.93		0.68	0.04	0.95	0.91	0.51	0.82	0.87	0.97	-0.9	0.62	0.97
Property Plant And Equipment Net	0.85	0.82	0.85	-0.82	0.87	0.87	0.81	0.82	0.86	0.84	0.87	-0.11	0.79	0.65	0.68		-0.27	0.53	0.7	0.13	0.16	0.34	0.79	-0.52	0.57	0.79
Net Debt	0.13	0.05	0.04	-0.16	-0.06	-0.06	-0.33	0.05	-0.05	-0.13	0.04	0.56	0.28	0.28	0.04	-0.27		0.28	0.25	-0.59	0.37	0.5	0.13	0.28	0.57	0.14
Accounts Payable	0.85	0.87	0.88	-0.9	0.65	0.65	0.62	0.87	0.66	0.75	0.87	-0.32	0.77	0.98	0.95	0.53	0.28		0.95	0.37	0.89	0.96	0.92	-0.8	0.74	0.92
Non Current Assets Total	0.92	0.91	0.93	-0.96	0.76	0.76	0.77	0.91	0.77	0.81	0.92	-0.15	0.92	1.0	0.91	0.7	0.25	0.95		0.19	0.71	0.86	0.95	-0.69	0.87	0.95
Non Currrent Assets Other	0.17	0.31	0.31	-0.2	0.15	0.15	0.32	0.31	0.15	0.37	0.28	-0.92	-0.14	0.23	0.51	0.13	-0.59	0.37	0.19		0.48	0.25	0.3	-0.83	-0.32	0.29
Net Receivables	0.6	0.65	0.65	-0.65	0.36	0.36	0.23	0.65	0.37	0.52	0.62	-0.43	0.41	0.77	0.82	0.16	0.37	0.89	0.71	0.48		0.95	0.72	-0.77	0.46	0.72
Other Current Assets	0.76	0.78	0.78	-0.81	0.52	0.52	0.37	0.78	0.54	0.62	0.76	-0.21	0.66	0.9	0.87	0.34	0.5	0.96	0.86	0.25	0.95		0.84	-0.69	0.72	0.84
Net Invested Capital	0.97	0.97	0.99	-0.99	0.83	0.83	0.71	0.97	0.84	0.89	0.99	-0.26	0.85	0.95	0.97	0.79	0.13	0.92	0.95	0.3	0.72	0.84		-0.79	0.75	1.0
Property Plant And Equipment Gross	-0.68	-0.77	-0.78	0.71	-0.57	-0.57	-0.61	-0.77	-0.57	-0.75	-0.76	0.75	-0.41	-0.72	-0.9	-0.52	0.28	-0.8	-0.69	-0.83	-0.77	-0.69	-0.79		-0.24	-0.77
Short Long Term Debt	0.79	0.71	0.73	-0.81	0.64	0.64	0.56	0.71	0.65	0.57	0.74	0.32	0.95	0.85	0.62	0.57	0.57	0.74	0.87	-0.32	0.46	0.72	0.75	-0.24		0.76
Capital Stock	0.98	0.97	0.99	-0.99	0.83	0.83	0.71	0.97	0.84	0.89	0.99	-0.25	0.86	0.95	0.97	0.79	0.14	0.92	0.95	0.29	0.72	0.84	1.0	-0.77	0.76

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Polymetals Resources Account Relationship Matchups

Polymetals Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	967.0K	6.9M	5.8M	21.5M	30.9M	32.5M
Total Current Liabilities	1.5M	553.6K	236.0K	3.1M	4.1M	4.3M
Total Stockholder Equity	(568.2K)	(1.1M)	(1.5M)	18.4M	26.8M	28.2M
Retained Earnings	(569.2K)	(1.1M)	(2.0M)	(10.1M)	(13.4M)	(12.7M)
Cash	300.0	5.0M	1.5M	2.6M	7.9M	8.3M
Cash And Short Term Investments	300.0	5.0M	1.5M	2.6M	7.9M	8.3M
Liabilities And Stockholders Equity	967.0K	6.9M	5.8M	21.5M	30.9M	32.5M
Total Liab	1.5M	553.6K	236.0K	3.1M	4.1M	4.3M
Total Current Assets	300.0	5.1M	1.5M	2.9M	8.0M	8.4M
Short Term Debt	1.5M	250K	0.0	1.4M	2.5M	2.6M
Property Plant Equipment	966.7K	1.8M	4.3M	21.2K	24.4K	23.1K

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