Metalla Total Current Liabilities vs Non Currrent Assets Other 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 Total Current Liabilities and its Non Currrent Assets Other 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.
Total Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Metalla Royalty's Total Current Liabilities and Non Currrent Assets Other is 0.02. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Total Current Liabilities 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 Total Current Liabilities of Metalla Royalty Streaming 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 Total Current Liabilities i.e., Metalla Royalty's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Metalla Royalty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Metalla Royalty Streaming are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 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
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Metalla Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metalla Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 50.3M | 101.5M | 112.6M | 130.9M | 276.0M | 289.8M | |
Other Current Liab | 392.8K | (1.3M) | (1.0M) | (1.2M) | (1.1M) | (1.0M) | |
Total Current Liabilities | 1.3M | 2.3M | 1.1M | 6.5M | 7.0M | 7.3M | |
Total Stockholder Equity | 45.2M | 80.4M | 100.6M | 118.6M | 252.9M | 265.5M | |
Property Plant And Equipment Net | 41.6M | 45.1M | 102.9M | 120.7M | 257.8M | 270.7M | |
Net Debt | (69.4K) | (6.7M) | 8.2M | 6.0M | 518K | 353.6K | |
Retained Earnings | (28.4M) | (44.5M) | (45.4M) | (56.3M) | (63.4M) | (60.2M) | |
Cash | 3.4M | 6.7M | 2.3M | 4.6M | 14.1M | 14.8M | |
Non Current Assets Total | 46.5M | 83.2M | 106.1M | 121.3M | 258.4M | 271.3M | |
Cash And Short Term Investments | 3.4M | 6.7M | 2.3M | 4.6M | 5.2M | 5.5M | |
Common Stock Shares Outstanding | 33.9M | 37.8M | 42.6M | 44.8M | 90.9M | 95.4M | |
Liabilities And Stockholders Equity | 47.1M | 50.3M | 112.6M | 130.9M | 150.5M | 158.0M | |
Other Current Assets | 216.7K | 2.4M | 2.9M | 1.3M | 734K | 560.8K | |
Total Liab | 5.1M | 6.8M | 12.1M | 12.3M | 23.1M | 24.3M | |
Property Plant And Equipment Gross | 62.4M | 69.6M | 111.5M | 134.8M | 270.1M | 283.6M | |
Total Current Assets | 3.8M | 13.1M | 6.5M | 9.6M | 17.7M | 18.5M | |
Accumulated Other Comprehensive Income | 5.5M | 7.1M | 12.1M | 13.2M | 15.2M | 15.9M | |
Short Long Term Debt Total | 4.6M | 3.1M | 10.5M | 10.6M | 12.2M | 12.8M | |
Non Current Liabilities Total | 3.8M | 3.9M | 11.0M | 5.8M | 16.2M | 17.0M | |
Short Term Debt | 138.8K | 2.1M | 2.8K | 5.2M | 6.0M | 6.3M | |
Common Stock | 66.5M | 124.9M | 133.9M | 161.7M | 186.0M | 195.2M | |
Accounts Payable | 937.6K | 1.8M | 1.0M | 1.2M | 5.1M | 5.3M | |
Net Receivables | 167.3K | 1.8M | 1.3M | 1.5M | 2.5M | 2.6M | |
Capital Surpluse | 6.4M | 7.4M | 9.2M | 11.2M | 12.9M | 7.0M | |
Property Plant Equipment | 13.6M | 45.0M | 3.7K | 63.7M | 73.3M | 77.0M | |
Other Liab | 145.2K | 506.3K | 511.4K | 468.1K | 538.3K | 565.2K | |
Net Tangible Assets | 59.2M | 48.1M | 74.4M | 100.6M | 115.6M | 121.4M | |
Long Term Debt | 4.6M | 3.1M | 10.5M | 5.3M | 13.0M | 13.7M | |
Long Term Investments | 2.2M | 2.0M | 1.3M | 595.0K | 450K | 427.5K | |
Net Invested Capital | 45.8M | 48.5M | 111.1M | 129.1M | 267.5M | 280.9M | |
Net Working Capital | 637.7K | 2.4M | 5.4M | 3.0M | 10.7M | 11.2M |
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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.