Methanex Other Current Assets vs Other Stockholder Equity Analysis

MEOH Stock  USD 46.38  0.46  1.00%   
Methanex financial indicator trend analysis is infinitely more than just investigating Methanex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Methanex is a good investment. Please check the relationship between Methanex Other Current Assets and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.

Other Current Assets vs Other Stockholder Equity

Other Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Methanex's Other Current Assets and Other Stockholder Equity is -0.24. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Other Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Methanex are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Methanex's Other Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Stockholder Equity

Most indicators from Methanex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Methanex 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 Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.As of now, Methanex's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Methanex's current Enterprise Value is estimated to increase to about 6.1 B, while Selling General Administrative is projected to decrease to under 210 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B865.1M655.4M488.5M
Total Revenue4.4B4.3B3.7B2.3B

Methanex fundamental ratios Correlations

0.780.650.830.980.680.890.810.580.820.420.580.830.190.930.920.61-0.790.840.850.230.01-0.810.6-0.83-0.5
0.780.760.520.770.950.540.820.510.920.370.510.470.010.830.630.55-0.580.980.630.46-0.06-0.750.86-0.78-0.23
0.650.760.650.630.750.650.90.320.870.260.320.570.260.490.70.43-0.650.830.560.790.18-0.770.82-0.79-0.04
0.830.520.650.790.410.980.760.490.70.40.490.860.520.60.850.49-0.850.620.780.270.0-0.740.52-0.76-0.35
0.980.770.630.790.730.870.770.420.840.410.420.80.130.930.870.54-0.760.830.730.270.06-0.810.6-0.83-0.42
0.680.950.750.410.730.450.760.220.930.350.220.4-0.090.750.520.44-0.490.930.40.530.03-0.70.87-0.73-0.1
0.890.540.650.980.870.450.760.450.710.360.450.90.440.680.890.47-0.850.640.780.270.07-0.770.49-0.78-0.38
0.810.820.90.760.770.760.760.480.910.430.480.720.250.70.810.6-0.730.90.730.46-0.03-0.750.82-0.78-0.4
0.580.510.320.490.420.220.450.480.340.211.00.390.290.560.570.51-0.480.490.89-0.05-0.29-0.420.31-0.44-0.46
0.820.920.870.70.840.930.710.910.340.40.340.650.220.770.710.47-0.740.970.590.540.06-0.840.85-0.86-0.21
0.420.370.260.40.410.350.360.430.210.40.210.15-0.170.390.390.64-0.140.360.280.04-0.05-0.180.43-0.26-0.32
0.580.510.320.490.420.220.450.481.00.340.210.390.290.560.570.51-0.480.490.89-0.05-0.29-0.420.31-0.44-0.46
0.830.470.570.860.80.40.90.720.390.650.150.390.530.660.840.35-0.910.610.750.140.16-0.790.35-0.77-0.48
0.190.010.260.520.13-0.090.440.250.290.22-0.170.290.53-0.010.24-0.23-0.720.140.380.10.1-0.45-0.09-0.42-0.02
0.930.830.490.60.930.750.680.70.560.770.390.560.66-0.010.760.57-0.640.850.750.1-0.07-0.720.57-0.74-0.52
0.920.630.70.850.870.520.890.810.570.710.390.570.840.240.760.71-0.770.720.870.330.13-0.80.58-0.82-0.44
0.610.550.430.490.540.440.470.60.510.470.640.510.35-0.230.570.71-0.240.530.620.11-0.15-0.380.66-0.47-0.44
-0.79-0.58-0.65-0.85-0.76-0.49-0.85-0.73-0.48-0.74-0.14-0.48-0.91-0.72-0.64-0.77-0.24-0.71-0.76-0.31-0.190.9-0.390.880.31
0.840.980.830.620.830.930.640.90.490.970.360.490.610.140.850.720.53-0.710.680.480.01-0.830.84-0.85-0.29
0.850.630.560.780.730.40.780.730.890.590.280.890.750.380.750.870.62-0.760.680.11-0.09-0.70.46-0.72-0.55
0.230.460.790.270.270.530.270.46-0.050.540.04-0.050.140.10.10.330.11-0.310.480.110.46-0.550.57-0.540.45
0.01-0.060.180.00.060.030.07-0.03-0.290.06-0.05-0.290.160.1-0.070.13-0.15-0.190.01-0.090.46-0.31-0.13-0.270.14
-0.81-0.75-0.77-0.74-0.81-0.7-0.77-0.75-0.42-0.84-0.18-0.42-0.79-0.45-0.72-0.8-0.380.9-0.83-0.7-0.55-0.31-0.610.990.1
0.60.860.820.520.60.870.490.820.310.850.430.310.35-0.090.570.580.66-0.390.840.460.57-0.13-0.61-0.66-0.03
-0.83-0.78-0.79-0.76-0.83-0.73-0.78-0.78-0.44-0.86-0.26-0.44-0.77-0.42-0.74-0.82-0.470.88-0.85-0.72-0.54-0.270.99-0.660.12
-0.5-0.23-0.04-0.35-0.42-0.1-0.38-0.4-0.46-0.21-0.32-0.46-0.48-0.02-0.52-0.44-0.440.31-0.29-0.550.450.140.1-0.030.12
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Methanex Account Relationship Matchups

Methanex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.7B6.1B6.6B6.4B3.5B
Short Long Term Debt Total2.5B3.1B2.9B3.0B3.0B3.2B
Total Current Liabilities648.2M765.4M963.2M942.6M1.3B1.4B
Total Stockholder Equity1.3B1.1B1.7B2.1B1.9B1.4B
Property Plant And Equipment Net3.6B3.7B3.7B4.2B4.4B2.2B
Net Debt2.1B2.3B1.9B2.2B2.6B2.7B
Retained Earnings1.0B843.6M1.3B1.5B1.5B792.7M
Accounts Payable493.8M601.0M836.0M789.2M771.9M810.5M
Cash416.8M833.8M932.1M857.7M458.0M431.9M
Non Current Assets Total4.0B4.1B4.1B4.8B4.9B5.2B
Non Currrent Assets Other82.8M92.5M99.2M356.4M41.5M78.7M
Cash And Short Term Investments416.8M833.8M932.1M857.7M458.0M431.9M
Net Receivables488.7M412M550.6M500.7M530.9M369.5M
Common Stock Shares Outstanding76.7M76.2M76.2M71.7M67.8M94.1M
Liabilities And Stockholders Equity5.2B5.7B6.1B6.6B6.4B3.5B
Non Current Liabilities Total2.9B3.5B3.2B3.3B3.0B1.5B
Inventory281.1M308.7M459.6M439.8M426.8M231.1M
Other Current Assets8.2M40.4M139.1M171.1M61.9M31.7M
Other Stockholder Equity1.8M1.9M1.9M1.9M1.8M1.7M
Total Liab3.6B4.3B4.1B4.2B4.3B4.5B
Total Current Assets1.2B1.6B2.0B1.9B1.5B1.1B
Short Term Debt128.2M137.3M110.1M123.9M435.4M457.2M
Other Current Liab520.0M27.2M17.2M29.5M95.0M166.9M
Common Stock Total Equity480.3M446.5M440.5M440.7M396.7M429.8M
Property Plant And Equipment Gross3.6B3.7B6.8B7.6B7.9B8.3B
Accumulated Other Comprehensive Income(150.4M)(137.1M)(2.7M)241.9M22.9M24.0M
Common Stock442.3M440.7M432.7M401.3M391.9M419.2M
Current Deferred Revenue(493.8M)(601.0M)(834.8M)(788.8M)1.01.05
Other Liab558.9M540.9M406.5M361.6M415.8M271.0M
Other Assets194.4M230.1M197.4M402.7M25.3M24.0M
Long Term Debt1.7B2.3B2.1B2.1B1.8B1.2B
Property Plant Equipment3.6B3.7B3.7B4.2B4.8B2.5B
Long Term Investments193.5M194.0M217.3M197.1M189.9M163.0M
Short Long Term Debt38.4M39.8M11.8M15.1M314.7M171.4M
Net Tangible Assets1.3B1.1B1.7B2.1B2.4B1.8B

Currently Active Assets on Macroaxis

When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex'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 Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Commodity Chemicals 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 Methanex. If investors know Methanex 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 Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.74
Earnings Share
2.12
Revenue Per Share
54.81
Quarterly Revenue Growth
0.135
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex'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 Methanex's market value can be influenced by many factors that don't directly affect Methanex'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 Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex'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.