Metalla Other Current Assets vs Common Stock Analysis

MTA Stock  USD 2.85  0.22  7.17%   
Metalla Royalty financial indicator trend analysis is infinitely more than just investigating Metalla Royalty Streaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalla Royalty Streaming is a good investment. Please check the relationship between Metalla Royalty Other Current Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Metalla Royalty's Other Current Assets and Common Stock is 0.63. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Metalla Royalty Streaming, assuming nothing else is changed. The correlation between historical values of Metalla Royalty's Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Metalla Royalty Streaming are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Metalla Royalty's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

Most indicators from Metalla Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalla Royalty Streaming 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 Metalla Royalty Streaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, Metalla Royalty's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 1.4 M, whereas Issuance Of Capital Stock is forecasted to decline to about 3.9 M.

Metalla Royalty fundamental ratios Correlations

-0.770.911.01.00.17-0.930.961.0-0.050.750.990.410.030.981.00.960.85-0.050.930.890.830.950.970.960.89
-0.77-0.69-0.75-0.78-0.190.87-0.65-0.760.26-0.66-0.72-0.770.3-0.74-0.76-0.82-0.670.38-0.69-0.93-0.67-0.87-0.66-0.9-0.97
0.91-0.690.920.910.17-0.890.870.910.130.740.90.280.070.880.920.880.780.020.760.830.80.90.870.860.8
1.0-0.750.921.00.18-0.930.951.0-0.050.730.990.390.060.981.00.950.85-0.010.930.880.820.940.970.950.88
1.0-0.780.911.00.15-0.940.961.0-0.050.750.990.420.00.971.00.960.84-0.070.920.90.830.950.970.960.9
0.17-0.190.170.180.15-0.28-0.040.19-0.09-0.080.180.270.630.310.160.010.560.60.370.220.180.260.00.10.24
-0.930.87-0.89-0.93-0.94-0.28-0.85-0.930.05-0.82-0.93-0.620.1-0.93-0.94-0.93-0.880.18-0.87-0.95-0.9-0.99-0.84-0.94-0.95
0.96-0.650.870.950.96-0.04-0.850.950.040.810.960.27-0.080.930.960.960.78-0.150.880.790.770.860.980.910.78
1.0-0.760.911.01.00.19-0.930.95-0.050.730.990.40.060.981.00.950.85-0.020.930.890.820.940.970.950.88
-0.050.260.13-0.05-0.05-0.090.050.04-0.050.220.0-0.07-0.08-0.03-0.01-0.010.00.01-0.110.020.22-0.01-0.04-0.11-0.16
0.75-0.660.740.730.75-0.08-0.820.810.730.220.780.53-0.440.750.780.880.71-0.510.670.780.860.820.710.80.75
0.99-0.720.90.990.990.18-0.930.960.990.00.780.40.020.981.00.950.87-0.050.940.870.870.940.970.930.86
0.41-0.770.280.390.420.27-0.620.270.4-0.070.530.4-0.450.420.430.50.48-0.520.430.730.610.630.260.580.74
0.030.30.070.060.00.630.1-0.080.06-0.08-0.440.02-0.450.090.0-0.220.170.980.12-0.2-0.17-0.090.0-0.19-0.2
0.98-0.740.880.980.970.31-0.930.930.98-0.030.750.980.420.090.970.930.940.020.980.870.820.930.930.920.87
1.0-0.760.921.01.00.16-0.940.961.0-0.010.781.00.430.00.970.960.85-0.080.920.90.860.960.970.950.89
0.96-0.820.880.950.960.01-0.930.960.95-0.010.880.950.5-0.220.930.960.81-0.30.880.910.840.940.940.980.91
0.85-0.670.780.850.840.56-0.880.780.850.00.710.870.480.170.940.850.810.090.940.80.790.870.750.80.81
-0.050.380.02-0.01-0.070.60.18-0.15-0.020.01-0.51-0.05-0.520.980.02-0.08-0.30.090.05-0.27-0.25-0.18-0.06-0.27-0.28
0.93-0.690.760.930.920.37-0.870.880.93-0.110.670.940.430.120.980.920.880.940.050.810.760.870.890.870.83
0.89-0.930.830.880.90.22-0.950.790.890.020.780.870.73-0.20.870.90.910.8-0.270.810.850.970.80.960.98
0.83-0.670.80.820.830.18-0.90.770.820.220.860.870.61-0.170.820.860.840.79-0.250.760.850.920.750.80.8
0.95-0.870.90.940.950.26-0.990.860.94-0.010.820.940.63-0.090.930.960.940.87-0.180.870.970.920.860.960.96
0.97-0.660.870.970.970.0-0.840.980.97-0.040.710.970.260.00.930.970.940.75-0.060.890.80.750.860.910.79
0.96-0.90.860.950.960.1-0.940.910.95-0.110.80.930.58-0.190.920.950.980.8-0.270.870.960.80.960.910.97
0.89-0.970.80.880.90.24-0.950.780.88-0.160.750.860.74-0.20.870.890.910.81-0.280.830.980.80.960.790.97
Click cells to compare fundamentals

Metalla Royalty Account Relationship Matchups

Metalla Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.3M101.5M112.6M130.9M276.0M289.8M
Other Current Liab392.8K(1.3M)(1.0M)(1.2M)(1.1M)(1.0M)
Total Current Liabilities1.3M2.3M1.1M6.5M7.0M7.3M
Total Stockholder Equity45.2M80.4M100.6M118.6M252.9M265.5M
Property Plant And Equipment Net41.6M45.1M102.9M120.7M257.8M270.7M
Net Debt(69.4K)(6.7M)8.2M6.0M518K353.6K
Retained Earnings(28.4M)(44.5M)(45.4M)(56.3M)(63.4M)(60.2M)
Cash3.4M6.7M2.3M4.6M14.1M14.8M
Non Current Assets Total46.5M83.2M106.1M121.3M258.4M271.3M
Cash And Short Term Investments3.4M6.7M2.3M4.6M5.2M5.5M
Common Stock Shares Outstanding33.9M37.8M42.6M44.8M90.9M95.4M
Liabilities And Stockholders Equity47.1M50.3M112.6M130.9M150.5M158.0M
Other Current Assets216.7K2.4M2.9M1.3M734K560.8K
Total Liab5.1M6.8M12.1M12.3M23.1M24.3M
Property Plant And Equipment Gross62.4M69.6M111.5M134.8M270.1M283.6M
Total Current Assets3.8M13.1M6.5M9.6M17.7M18.5M
Accumulated Other Comprehensive Income5.5M7.1M12.1M13.2M15.2M15.9M
Short Long Term Debt Total4.6M3.1M10.5M10.6M12.2M12.8M
Non Current Liabilities Total3.8M3.9M11.0M5.8M16.2M17.0M
Short Term Debt138.8K2.1M2.8K5.2M6.0M6.3M
Common Stock66.5M124.9M133.9M161.7M186.0M195.2M
Accounts Payable937.6K1.8M1.0M1.2M5.1M5.3M
Net Receivables167.3K1.8M1.3M1.5M2.5M2.6M
Capital Surpluse6.4M7.4M9.2M11.2M12.9M7.0M
Property Plant Equipment13.6M45.0M3.7K63.7M73.3M77.0M
Other Liab145.2K506.3K511.4K468.1K538.3K565.2K
Net Tangible Assets59.2M48.1M74.4M100.6M115.6M121.4M
Long Term Debt4.6M3.1M10.5M5.3M13.0M13.7M
Long Term Investments2.2M2.0M1.3M595.0K450K427.5K
Net Invested Capital45.8M48.5M111.1M129.1M267.5M280.9M
Net Working Capital637.7K2.4M5.4M3.0M10.7M11.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metalla Royalty. If investors know Metalla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metalla Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.11)
Revenue Per Share
0.064
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.02)
Return On Equity
(0.04)
The market value of Metalla Royalty Streaming is measured differently than its book value, which is the value of Metalla that is recorded on the company's balance sheet. Investors also form their own opinion of Metalla Royalty's value that differs from its market value or its book value, called intrinsic value, which is Metalla Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metalla Royalty's market value can be influenced by many factors that don't directly affect Metalla Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.