Power Retained Earnings vs Net Tangible Assets Analysis

PWM Stock  CAD 0.69  0.03  4.17%   
Power Metals financial indicator trend analysis is much more than just breaking down Power Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Metals Corp is a good investment. Please check the relationship between Power Metals Retained Earnings and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Metals Corp Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Power Metals' Retained Earnings and Net Tangible Assets is -0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Power Metals Corp, assuming nothing else is changed. The correlation between historical values of Power Metals' Retained Earnings and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Power Metals Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Power Metals' Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Power Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Metals Corp 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 Power Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Enterprise Value is likely to climb to about 31.1 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2025.

Power Metals fundamental ratios Correlations

0.90.990.9-0.48-0.770.770.680.910.850.860.430.9-0.380.90.740.61-0.180.75-0.18-0.180.810.81-0.70.340.6
0.90.830.73-0.36-0.70.710.640.740.820.870.330.81-0.511.00.780.690.070.510.070.070.740.65-0.50.170.46
0.990.830.91-0.5-0.750.760.670.920.830.820.440.89-0.320.830.690.56-0.240.8-0.24-0.240.80.82-0.730.380.61
0.90.730.91-0.22-0.720.790.531.00.650.650.340.83-0.350.720.360.32-0.050.7-0.05-0.050.720.76-0.690.230.58
-0.48-0.36-0.5-0.220.24-0.46-0.82-0.24-0.66-0.7-0.34-0.450.06-0.36-0.68-0.290.72-0.470.720.72-0.39-0.330.36-0.33-0.41
-0.77-0.7-0.75-0.720.24-0.54-0.39-0.73-0.6-0.52-0.14-0.930.59-0.71-0.51-0.560.07-0.620.070.07-0.93-0.720.79-0.41-0.8
0.770.710.760.79-0.46-0.540.820.80.830.830.430.75-0.360.710.420.08-0.110.42-0.11-0.110.590.47-0.50.130.57
0.680.640.670.53-0.82-0.390.820.540.850.90.440.62-0.240.640.630.18-0.360.45-0.36-0.360.510.42-0.380.260.42
0.910.740.921.0-0.24-0.730.80.540.670.660.340.84-0.350.740.380.33-0.060.71-0.06-0.060.730.77-0.70.240.59
0.850.820.830.65-0.66-0.60.830.850.670.920.460.79-0.390.820.810.43-0.190.55-0.19-0.190.70.58-0.550.370.55
0.860.870.820.65-0.7-0.520.830.90.660.920.480.74-0.290.870.820.49-0.270.5-0.27-0.270.620.53-0.430.180.47
0.430.330.440.34-0.34-0.140.430.440.340.460.480.250.240.340.390.12-0.190.23-0.19-0.190.170.15-0.20.030.13
0.90.810.890.83-0.45-0.930.750.620.840.790.740.25-0.590.820.620.54-0.190.68-0.19-0.190.930.75-0.820.420.83
-0.38-0.51-0.32-0.350.060.59-0.36-0.24-0.35-0.39-0.290.24-0.59-0.51-0.26-0.31-0.18-0.22-0.18-0.18-0.6-0.360.47-0.23-0.52
0.91.00.830.72-0.36-0.710.710.640.740.820.870.340.82-0.510.780.70.060.510.060.060.740.65-0.510.170.47
0.740.780.690.36-0.68-0.510.420.630.380.810.820.390.62-0.260.780.8-0.290.52-0.29-0.290.60.54-0.420.360.36
0.610.690.560.32-0.29-0.560.080.180.330.430.490.120.54-0.310.70.8-0.140.54-0.14-0.140.60.6-0.480.180.29
-0.180.07-0.24-0.050.720.07-0.11-0.36-0.06-0.19-0.27-0.19-0.19-0.180.06-0.29-0.14-0.361.01.0-0.17-0.160.29-0.15-0.38
0.750.510.80.7-0.47-0.620.420.450.710.550.50.230.68-0.220.510.520.54-0.36-0.36-0.360.770.95-0.810.390.46
-0.180.07-0.24-0.050.720.07-0.11-0.36-0.06-0.19-0.27-0.19-0.19-0.180.06-0.29-0.141.0-0.361.0-0.17-0.160.29-0.15-0.38
-0.180.07-0.24-0.050.720.07-0.11-0.36-0.06-0.19-0.27-0.19-0.19-0.180.06-0.29-0.141.0-0.361.0-0.17-0.160.29-0.15-0.38
0.810.740.80.72-0.39-0.930.590.510.730.70.620.170.93-0.60.740.60.6-0.170.77-0.17-0.170.85-0.810.420.77
0.810.650.820.76-0.33-0.720.470.420.770.580.530.150.75-0.360.650.540.6-0.160.95-0.16-0.160.85-0.770.440.44
-0.7-0.5-0.73-0.690.360.79-0.5-0.38-0.7-0.55-0.43-0.2-0.820.47-0.51-0.42-0.480.29-0.810.290.29-0.81-0.77-0.31-0.77
0.340.170.380.23-0.33-0.410.130.260.240.370.180.030.42-0.230.170.360.18-0.150.39-0.15-0.150.420.44-0.310.22
0.60.460.610.58-0.41-0.80.570.420.590.550.470.130.83-0.520.470.360.29-0.380.46-0.38-0.380.770.44-0.770.22
Click cells to compare fundamentals

Power Metals Account Relationship Matchups

Power Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.4M8.3M13.4M12.4M14.2M14.9M
Total Current Liabilities1.5M804.0K3.4M2.4M2.8M3.0M
Total Stockholder Equity6.8M7.5M9.9M9.9M11.4M12.0M
Property Plant And Equipment Net8.3M5.7M5.3M9.2M10.6M11.1M
Net Debt(9.5K)51.8K(627.0K)(851.5K)(979.2K)(1.0M)
Retained Earnings(34.6M)(37.0M)(38.3M)(39.4M)(35.4M)(33.7M)
Accounts Payable64.6K111.3K169.2K965.4K1.1M1.2M
Cash13.2K627.0K851.5K2.1M1.9M2.0M
Non Current Assets Total8.3M5.8M5.7M9.4M10.8M11.4M
Non Currrent Assets Other(26.1K)(36.1K)86.0K170K195.5K205.3K
Cash And Short Term Investments9.5K13.2K627.0K7.3M8.4M8.8M
Net Receivables14.2K47.0K119.8K147.1K169.1K177.6K
Common Stock Shares Outstanding113.2M129.4M142.0M148.7M171.0M179.6M
Liabilities And Stockholders Equity5.1M8.4M8.3M13.4M15.4M16.1M
Total Liab1.5M804.0K3.4M2.4M2.8M3.0M
Total Current Assets28.5K2.5M7.7M2.9M3.4M3.5M
Other Current Liab1.4M692.7K3.3M587.5K675.6K656.8K
Accumulated Other Comprehensive Income2.7M3.0M2.6M2.3M2.6M1.8M
Common Stock35.1M38.5M42.0M46.0M52.9M32.5M
Net Invested Capital6.9M7.5M9.7M9.9M11.4M7.5M
Net Working Capital(1.5M)1.7M4.3M479.3K551.2K405.2K
Capital Stock38.5M42.0M46.0M46.7M53.7M43.6M

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