EMX Cash And Short Term Investments vs Total Current Liabilities Analysis
EMX Stock | USD 1.74 0.01 0.57% |
EMX Royalty financial indicator trend analysis is much more than just examining EMX Royalty Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMX Royalty Corp is a good investment. Please check the relationship between EMX Royalty Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMX Royalty 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 population.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between EMX Royalty's Cash And Short Term Investments and Total Current Liabilities is 0.14. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of EMX Royalty Corp, assuming nothing else is changed. The correlation between historical values of EMX Royalty's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of EMX Royalty Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., EMX Royalty's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of EMX Royalty Corp balance sheet. This account contains EMX Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by EMX Royalty Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Current Liabilities
Total Current Liabilities is an item on EMX 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 EMX Royalty Corp 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.Most indicators from EMX Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMX Royalty 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 EMX Royalty 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 population. At this time, EMX Royalty's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 39.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.
EMX Royalty fundamental ratios Correlations
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EMX Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EMX Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 81.8M | 83.7M | 89.1M | 109.9M | 111.2M | 116.7M | |
Total Assets | 78.3M | 80.7M | 164.6M | 168.8M | 209.1M | 219.5M | |
Other Current Liab | 1.0M | 2.8M | (409.8K) | (830.6K) | 1.3M | 950.8K | |
Total Current Liabilities | 2.9M | 4.1M | 55.5M | 7.3M | 49.2M | 51.7M | |
Total Stockholder Equity | 75.4M | 76.7M | 109.0M | 123.2M | 158.8M | 166.7M | |
Property Plant And Equipment Net | 12.0M | 15.1M | 66.0M | 54.6M | 1.1M | 1.1M | |
Net Debt | (52.8M) | (41.1M) | 30.7M | 25.0M | 15.9M | 16.7M | |
Retained Earnings | (42.4M) | (48.1M) | (72.1M) | (81.6M) | (78.3M) | (74.4M) | |
Accounts Payable | 1.3M | 3.6M | 3.0M | 3.2M | 3.7M | 3.9M | |
Cash | 52.8M | 41.1M | 19.8M | 15.5M | 20.1M | 19.4M | |
Non Current Assets Total | 17.9M | 22.6M | 120.3M | 130.0M | 162.9M | 171.0M | |
Non Currrent Assets Other | 703.5K | 511.3K | 974.9K | 13.1M | 17.6M | 18.4M | |
Cash And Short Term Investments | 57.0M | 54.2M | 31.8M | 25.9M | 26.7M | 22.6M | |
Net Receivables | 1.8M | 2.6M | 9.4M | 11.6M | 7.7M | 8.1M | |
Liabilities And Stockholders Equity | 78.3M | 80.7M | 164.6M | 168.8M | 209.1M | 219.5M | |
Non Current Liabilities Total | 1.8M | 1.2M | 70.8M | 38.4M | 1.1M | 1.0M | |
Total Liab | 2.9M | 4.1M | 55.5M | 45.6M | 50.3M | 52.8M | |
Property Plant And Equipment Gross | 2.2M | 19.2M | 66.7M | 55.6M | 63.9M | 67.1M | |
Total Current Assets | 60.4M | 58.2M | 44.3M | 38.8M | 35.0M | 27.0M | |
Accumulated Other Comprehensive Income | 19.2M | 20.7M | 24.6M | 11.8M | 24.6M | 25.8M | |
Inventory | 1.3M | 870.5K | 3.1M | (14.4M) | (7.7M) | (7.4M) | |
Other Current Assets | 309K | 407K | 3.1M | 1.3M | 577K | 427.3K | |
Net Tangible Assets | 85.0M | 83.5M | 58.8M | 71.5M | 82.2M | 86.3M | |
Common Stock Total Equity | 124.1M | 125.2M | 128.8M | 132.7M | 152.6M | 107.2M | |
Short Term Investments | 4.2M | 13.1M | 12.1M | 10.4M | 6.6M | 6.2M | |
Long Term Investments | 5.3M | 8.9M | 47.5M | 62.3M | 62.8M | 65.9M | |
Short Term Debt | 1.3M | 3.6M | 50.5M | 3.2M | 43.2M | 45.3M | |
Common Stock | 98.6M | 104.0M | 156.6M | 193.0M | 212.2M | 120.0M | |
Property Plant Equipment | 2.2M | 5.0M | 84.2M | 2.9M | 3.4M | 3.2M | |
Current Deferred Revenue | 1.8M | 1.2M | 2.7M | 1.7M | 994K | 1.0M | |
Net Invested Capital | 98.5M | 97.8M | 203.4M | 163.7M | 153.2M | 136.3M | |
Net Working Capital | 75.2M | 69.0M | (14.3M) | 31.6M | (2.3M) | (2.2M) |
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