BluMetric Average Payables vs Free Cash Flow Yield Analysis

BLM Stock

CAD 0.85 0.03 3.41%

BluMetric Environmental financial indicator trend analysis is way more than just evaluating BluMetric Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BluMetric Environmental is a good investment. Please check the relationship between BluMetric Environmental Average Payables and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BluMetric Environmental. 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.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BluMetric Environmental Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between BluMetric Environmental's Average Payables and Free Cash Flow Yield is 0.73. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of BluMetric Environmental, assuming nothing else is changed. The correlation between historical values of BluMetric Environmental's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of BluMetric Environmental are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., BluMetric Environmental's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from BluMetric Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BluMetric Environmental 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BluMetric Environmental. 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, BluMetric Environmental's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, whereas Discontinued Operations is likely to drop (35.3 K) in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	34.3M	35.1M	40.3M	42.4M
Depreciation And Amortization	516.3K	673.9K	775.0K	813.8K

Total Revenue Depreciation And Amortization

BluMetric Environmental fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Current Liab	Short Term Debt	Current Deferred Revenue	Intangible Assets	Net Tangible Assets	Long Term Debt	Short Long Term Debt
Total Assets		0.2	0.85	0.63	-0.31	0.85	0.49	0.69	0.26	0.71	0.99	0.88	-0.63	-0.67	0.25	0.97	0.1	0.18	0.12	0.57	-0.08	-0.23	-0.61	0.85	-0.35	-0.4
Total Current Liabilities	0.2		-0.28	0.28	0.55	-0.21	0.85	-0.23	0.57	-0.2	0.2	0.32	0.0	0.14	0.92	0.08	0.75	0.16	-0.05	0.7	0.8	0.59	-0.13	-0.24	0.14	0.45
Total Stockholder Equity	0.85	-0.28		0.4	-0.69	0.94	0.08	0.86	-0.15	0.86	0.85	0.64	-0.63	-0.69	-0.27	0.92	-0.38	-0.09	0.06	0.17	-0.44	-0.57	-0.56	0.99	-0.57	-0.53
Property Plant And Equipment Net	0.63	0.28	0.4		-0.02	0.43	0.5	0.3	0.44	0.3	0.58	0.43	-0.31	-0.17	0.35	0.53	0.22	0.28	-0.22	0.41	0.05	0.15	0.07	0.35	-0.2	-0.38
Net Debt	-0.31	0.55	-0.69	-0.02		-0.53	0.25	-0.87	0.71	-0.86	-0.29	0.02	0.38	0.18	0.67	-0.5	0.88	0.51	0.31	0.12	0.67	0.43	0.23	-0.71	0.58	0.56
Retained Earnings	0.85	-0.21	0.94	0.43	-0.53		0.13	0.77	0.05	0.77	0.82	0.71	-0.57	-0.84	-0.15	0.87	-0.18	0.08	0.09	0.15	-0.34	-0.58	-0.42	0.9	-0.55	-0.45
Accounts Payable	0.49	0.85	0.08	0.5	0.25	0.13		0.1	0.51	0.13	0.49	0.47	-0.15	-0.1	0.82	0.41	0.56	0.24	-0.07	0.73	0.47	0.3	-0.26	0.12	-0.02	0.1
Cash	0.69	-0.23	0.86	0.3	-0.87	0.77	0.1		-0.37	1.0	0.66	0.42	-0.58	-0.45	-0.29	0.82	-0.54	-0.25	-0.21	0.27	-0.49	-0.32	-0.45	0.89	-0.55	-0.59
Non Current Assets Total	0.26	0.57	-0.15	0.44	0.71	0.05	0.51	-0.37		-0.36	0.2	0.46	-0.22	-0.21	0.78	0.03	0.88	0.74	0.34	0.41	0.44	0.32	0.06	-0.19	0.39	0.09
Cash And Short Term Investments	0.71	-0.2	0.86	0.3	-0.86	0.77	0.13	1.0	-0.36		0.68	0.43	-0.57	-0.46	-0.26	0.83	-0.52	-0.24	-0.19	0.28	-0.48	-0.32	-0.46	0.89	-0.54	-0.59
Net Receivables	0.99	0.2	0.85	0.58	-0.29	0.82	0.49	0.66	0.2	0.68		0.88	-0.58	-0.66	0.23	0.97	0.08	0.12	0.14	0.54	-0.05	-0.28	-0.68	0.86	-0.38	-0.33
Common Stock Shares Outstanding	0.88	0.32	0.64	0.43	0.02	0.71	0.47	0.42	0.46	0.43	0.88		-0.49	-0.79	0.44	0.8	0.41	0.4	0.26	0.6	0.1	-0.19	-0.7	0.65	-0.11	-0.18
Inventory	-0.63	0.0	-0.63	-0.31	0.38	-0.57	-0.15	-0.58	-0.22	-0.57	-0.58	-0.49		0.32	-0.03	-0.61	0.1	-0.05	-0.31	-0.34	0.21	0.11	0.49	-0.67	0.21	0.43
Other Stockholder Equity	-0.67	0.14	-0.69	-0.17	0.18	-0.84	-0.1	-0.45	-0.21	-0.46	-0.66	-0.79	0.32		-0.01	-0.65	-0.13	-0.32	-0.27	-0.1	0.18	0.62	0.47	-0.65	0.28	0.19
Total Liab	0.25	0.92	-0.27	0.35	0.67	-0.15	0.82	-0.29	0.78	-0.26	0.23	0.44	-0.03	-0.01		0.08	0.9	0.54	0.13	0.73	0.64	0.59	-0.12	-0.24	0.4	0.25
Total Current Assets	0.97	0.08	0.92	0.53	-0.5	0.87	0.41	0.82	0.03	0.83	0.97	0.8	-0.61	-0.65	0.08		-0.11	0.01	0.04	0.49	-0.19	-0.32	-0.66	0.93	-0.47	-0.43
Short Long Term Debt Total	0.1	0.75	-0.38	0.22	0.88	-0.18	0.56	-0.54	0.88	-0.52	0.08	0.41	0.1	-0.13	0.9	-0.11		0.65	0.33	0.44	0.68	0.44	0.01	-0.39	0.48	0.4
Non Current Liabilities Total	0.18	0.16	-0.09	0.28	0.51	0.08	0.24	-0.25	0.74	-0.24	0.12	0.4	-0.05	-0.32	0.54	0.01	0.65		0.42	0.3	-0.11	0.23	0.03	-0.13	0.7	-0.32
Other Current Assets	0.12	-0.05	0.06	-0.22	0.31	0.09	-0.07	-0.21	0.34	-0.19	0.14	0.26	-0.31	-0.27	0.13	0.04	0.33	0.42		-0.06	0.0	-0.15	-0.3	0.05	0.38	0.09
Other Current Liab	0.57	0.7	0.17	0.41	0.12	0.15	0.73	0.27	0.41	0.28	0.54	0.6	-0.34	-0.1	0.73	0.49	0.44	0.3	-0.06		0.26	0.43	-0.44	0.23	0.21	-0.18
Short Term Debt	-0.08	0.8	-0.44	0.05	0.67	-0.34	0.47	-0.49	0.44	-0.48	-0.05	0.1	0.21	0.18	0.64	-0.19	0.68	-0.11	0.0	0.26		0.38	0.07	-0.43	-0.06	0.84
Current Deferred Revenue	-0.23	0.59	-0.57	0.15	0.43	-0.58	0.3	-0.32	0.32	-0.32	-0.28	-0.19	0.11	0.62	0.59	-0.32	0.44	0.23	-0.15	0.43	0.38		0.25	-0.52	0.54	0.07
Intangible Assets	-0.61	-0.13	-0.56	0.07	0.23	-0.42	-0.26	-0.45	0.06	-0.46	-0.68	-0.7	0.49	0.47	-0.12	-0.66	0.01	0.03	-0.3	-0.44	0.07	0.25		-0.65	0.1	0.12
Net Tangible Assets	0.85	-0.24	0.99	0.35	-0.71	0.9	0.12	0.89	-0.19	0.89	0.86	0.65	-0.67	-0.65	-0.24	0.93	-0.39	-0.13	0.05	0.23	-0.43	-0.52	-0.65		-0.55	-0.52
Long Term Debt	-0.35	0.14	-0.57	-0.2	0.58	-0.55	-0.02	-0.55	0.39	-0.54	-0.38	-0.11	0.21	0.28	0.4	-0.47	0.48	0.7	0.38	0.21	-0.06	0.54	0.1	-0.55		-0.13
Short Long Term Debt	-0.4	0.45	-0.53	-0.38	0.56	-0.45	0.1	-0.59	0.09	-0.59	-0.33	-0.18	0.43	0.19	0.25	-0.43	0.4	-0.32	0.09	-0.18	0.84	0.07	0.12	-0.52	-0.13

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BluMetric Environmental Account Relationship Matchups

BluMetric Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.5M	17.4M	19.7M	20.1M	23.1M	24.2M
Total Current Liabilities	8.5M	6.0M	7.0M	6.1M	7.0M	4.7M
Total Stockholder Equity	6.1M	9.9M	11.4M	12.2M	14.0M	14.7M
Property Plant And Equipment Net	1.4M	792.1K	943.2K	2.3M	2.7M	2.8M
Net Debt	1.4M	(2.1M)	(2.8M)	(243.2K)	(279.7K)	(265.7K)
Retained Earnings	(154.3K)	3.6M	4.9M	5.4M	6.2M	6.5M
Accounts Payable	3.5M	2.2M	3.3M	3.3M	3.8M	2.0M
Cash	2.5M	4.7M	4.9M	3.0M	3.5M	3.7M
Non Current Assets Total	2.9M	1.7M	1.7M	2.9M	3.3M	2.1M
Cash And Short Term Investments	2.5M	4.7M	4.9M	3.0M	3.5M	3.7M
Net Receivables	10.0M	10.8M	12.7M	13.8M	15.9M	16.7M
Common Stock Shares Outstanding	28.7M	29.1M	29.4M	29.4M	33.9M	35.6M
Liabilities And Stockholders Equity	15.5M	17.4M	19.7M	20.1M	23.1M	24.2M
Other Stockholder Equity	644.3K	687.7K	703.1K	690.6K	621.5K	590.4K
Total Liab	9.4M	7.6M	8.3M	7.9M	9.0M	5.7M
Total Current Assets	12.6M	15.7M	17.9M	17.2M	19.7M	20.7M
Short Long Term Debt Total	3.9M	2.6M	2.2M	2.8M	3.2M	2.4M
Non Current Liabilities Total	964.2K	1.6M	1.3M	1.8M	2.1M	1.1M
Other Current Assets	147.7K	178.0K	291.9K	296.0K	340.4K	295.6K
Other Current Liab	1.8M	1.7M	2.6M	1.5M	1.8M	1.9M
Short Term Debt	3.0M	1.0M	862.3K	992.5K	1.1M	1.5M
Current Deferred Revenue	228.8K	1.0M	243.0K	239.6K	275.5K	261.7K
Intangible Assets	48.5K	50.6K	72.6K	51.5K	46.3K	44.0K
Net Tangible Assets	3.9M	6.0M	9.8M	11.3M	13.0M	13.6M
Long Term Debt	164.7K	1.3M	823.1K	308.2K	277.4K	263.5K
Short Long Term Debt	2.6M	965.8K	2.5M	612.6K	704.5K	669.3K
Property Plant Equipment	190.1K	1.4M	792.1K	943.2K	1.1M	801.6K
Net Invested Capital	8.7M	11.8M	12.2M	12.5M	14.4M	11.3M
Net Working Capital	4.2M	9.7M	10.9M	11.1M	12.8M	7.1M
Other Assets	2.2M	1.5M	896.4K	731.2K	658.0K	1.2M

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