Emergent Accounts Payable vs Short Term Investments Analysis

EMR Stock  CAD 0.11  0.01  10.00%   
Emergent Metals financial indicator trend analysis is much more than just examining Emergent Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emergent Metals Corp is a good investment. Please check the relationship between Emergent Metals Accounts Payable and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emergent 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 board of governors.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emergent Metals Corp Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Emergent Metals' Accounts Payable and Short Term Investments is -0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Emergent Metals Corp, assuming nothing else is changed. The correlation between historical values of Emergent Metals' Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Emergent Metals Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Emergent Metals' Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Emergent Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Emergent Metals Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Emergent Metals balance sheet. It contains any investments Emergent Metals Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Emergent Metals Corp can easily liquidate in the marketplace.
Most indicators from Emergent Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emergent 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emergent 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 board of governors.
Selling General Administrative is likely to drop to 350.34 in 2024. Issuance Of Capital Stock is likely to drop to about 371.2 K in 2024

Emergent Metals fundamental ratios Correlations

0.490.610.850.8-0.530.20.320.60.790.660.650.38-0.710.38-0.690.610.70.250.030.04-0.640.20.750.730.82
0.490.780.120.17-0.71-0.310.030.70.20.510.580.19-0.16-0.18-0.070.760.57-0.410.34-0.220.01-0.380.790.150.49
0.610.780.170.32-0.54-0.480.440.580.340.550.780.52-0.43-0.31-0.450.930.62-0.30.3-0.4-0.18-0.250.780.540.73
0.850.120.170.84-0.190.610.00.250.830.430.240.08-0.610.73-0.590.120.440.58-0.110.1-0.580.470.470.620.56
0.80.170.320.84-0.320.50.230.260.990.120.380.34-0.830.65-0.550.260.160.2-0.050.05-0.450.070.330.590.43
-0.53-0.71-0.54-0.19-0.320.17-0.27-0.95-0.32-0.44-0.7-0.240.290.070.06-0.75-0.50.45-0.12-0.430.30.47-0.55-0.12-0.38
0.2-0.31-0.480.610.50.17-0.46-0.210.5-0.18-0.35-0.41-0.130.970.01-0.52-0.20.61-0.20.35-0.190.46-0.18-0.01-0.24
0.320.030.440.00.23-0.27-0.460.270.20.10.570.88-0.6-0.33-0.520.550.14-0.260.04-0.01-0.38-0.230.070.420.37
0.60.70.580.250.26-0.95-0.210.270.260.660.720.21-0.22-0.11-0.190.790.7-0.250.070.42-0.42-0.230.660.260.53
0.790.20.340.830.99-0.320.50.20.260.10.370.33-0.830.66-0.560.260.150.20.050.02-0.430.060.340.60.41
0.660.510.550.430.12-0.44-0.180.10.660.10.550.02-0.04-0.1-0.360.620.990.29-0.020.09-0.490.360.810.440.82
0.650.580.780.240.38-0.7-0.350.570.720.370.550.44-0.49-0.19-0.440.890.63-0.290.020.08-0.46-0.280.680.50.67
0.380.190.520.080.34-0.24-0.410.880.210.330.020.44-0.75-0.23-0.630.530.07-0.260.18-0.25-0.32-0.250.170.520.4
-0.71-0.16-0.43-0.61-0.830.29-0.13-0.6-0.22-0.83-0.04-0.49-0.75-0.340.76-0.39-0.1-0.02-0.090.10.560.08-0.29-0.72-0.45
0.38-0.18-0.310.730.650.070.97-0.33-0.110.66-0.1-0.19-0.23-0.34-0.19-0.37-0.110.61-0.160.28-0.320.45-0.030.19-0.09
-0.69-0.07-0.45-0.59-0.550.060.01-0.52-0.19-0.56-0.36-0.44-0.630.76-0.19-0.37-0.39-0.420.030.240.66-0.41-0.48-0.97-0.66
0.610.760.930.120.26-0.75-0.520.550.790.260.620.890.53-0.39-0.37-0.370.69-0.380.24-0.06-0.32-0.330.740.440.7
0.70.570.620.440.16-0.5-0.20.140.70.150.990.630.07-0.1-0.11-0.390.690.220.00.07-0.490.280.860.480.85
0.25-0.41-0.30.580.20.450.61-0.26-0.250.20.29-0.29-0.26-0.020.61-0.42-0.380.22-0.270.06-0.40.980.050.410.17
0.030.340.3-0.11-0.05-0.12-0.20.040.070.05-0.020.020.18-0.09-0.160.030.240.0-0.27-0.220.25-0.260.12-0.010.01
0.04-0.22-0.40.10.05-0.430.35-0.010.420.020.090.08-0.250.10.280.24-0.060.070.06-0.22-0.380.01-0.21-0.26-0.2
-0.640.01-0.18-0.58-0.450.3-0.19-0.38-0.42-0.43-0.49-0.46-0.320.56-0.320.66-0.32-0.49-0.40.25-0.38-0.36-0.35-0.64-0.47
0.2-0.38-0.250.470.070.470.46-0.23-0.230.060.36-0.28-0.250.080.45-0.41-0.330.280.98-0.260.01-0.360.070.410.21
0.750.790.780.470.33-0.55-0.180.070.660.340.810.680.17-0.29-0.03-0.480.740.860.050.12-0.21-0.350.070.560.85
0.730.150.540.620.59-0.12-0.010.420.260.60.440.50.52-0.720.19-0.970.440.480.41-0.01-0.26-0.640.410.560.71
0.820.490.730.560.43-0.38-0.240.370.530.410.820.670.4-0.45-0.09-0.660.70.850.170.01-0.2-0.470.210.850.71
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Emergent Metals Account Relationship Matchups

Emergent Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M5.4M3.7M4.0M2.9M2.9M
Other Current Liab531.5K2.4M438.7K1.5M335.2K612.3K
Total Current Liabilities1.5M2.8M1.3M2.6M1.9M1.0M
Total Stockholder Equity1.7M2.6M2.3M1.3M986.5K1.2M
Property Plant And Equipment Net2.2M2.7M3.0M2.6M2.6M1.6M
Net Debt(113.2K)(1.2M)(325.3K)(671.3K)(197.9K)(207.8K)
Retained Earnings(53.7M)(54.1M)(54.8M)(56.4M)(57.2M)(60.1M)
Accounts Payable550.9K361.1K813.7K1.0M1.3M1.4M
Cash160.4K1.2M357.3K688.1K224.5K213.3K
Non Current Assets Total2.2M2.9M3.1M2.7M2.6M1.6M
Cash And Short Term Investments676.5K2.0M441.6K910.3K224.5K213.3K
Net Receivables162.3K167.9K65.9K185.9K88K78.4K
Common Stock Shares Outstanding4.7M8.8M13.1M17.9M27.8M29.2M
Liabilities And Stockholders Equity3.2M5.4M3.7M4.0M2.9M2.9M
Other Current Assets322.95551.46103.78328.74(246.0)(233.7)
Other Stockholder Equity8.1M8.8M8.8M8.9M(0.31)(0.29)
Total Liab1.5M2.8M1.3M2.6M1.9M1.3M
Total Current Assets999.5K2.5M545.4K1.2M357.3K339.4K
Accumulated Other Comprehensive Income8.2K8.8K8.8K8.9K9.1M9.5M
Short Long Term Debt Total47.2K7.1K32.1K16.8K26.6K25.3K
Other Assets21.4K22.5K161.8K120.8K139.0K75.7K
Non Currrent Assets Other22.5K161.8K125.0K120.8K139.0K88.7K
Short Term Debt21.3K7.1K15.3K16.8K26.6K25.3K
Inventory160.4K383.0K37.8K142.5K45.0K42.8K
Common Stock47.3M47.9M48.3M48.8M49.1M33.9M
Net Tangible Assets2.3M1.7M2.6M1.3M1.5M1.2M
Property Plant Equipment1.1M2.2M2.7M2.6M3.0M1.6M
Net Invested Capital1.7M2.6M3.0M1.3M1.0M1.9M
Net Working Capital(498.1K)(246.9K)(985.0K)(1.4M)(1.6M)(1.5M)
Capital Stock61.7M61.0M61.6M48.8M49.1M45.9M

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