Metalyst Non Current Assets Total vs Total Stockholder Equity Analysis

METALFORGE   4.05  0.00  0.00%   
Metalyst Forgings financial indicator trend analysis is infinitely more than just investigating Metalyst Forgings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalyst Forgings is a good investment. Please check the relationship between Metalyst Forgings Non Current Assets Total and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalyst Forgings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalyst Forgings Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Metalyst Forgings' Non Current Assets Total and Total Stockholder Equity is 0.13. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Metalyst Forgings Limited, assuming nothing else is changed. The correlation between historical values of Metalyst Forgings' Non Current Assets Total and Total 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 Non Current Assets Total of Metalyst Forgings Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Metalyst Forgings' Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Metalyst Forgings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalyst Forgings 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 Metalyst Forgings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of the 29th of November 2024, Selling General Administrative is likely to grow to about 115.3 M
 2021 2022 2023 2024 (projected)
Gross Profit87.0M125.8M113.2M107.6M
Total Revenue2.0B2.3B2.1B2.0B

Metalyst Forgings fundamental ratios Correlations

0.27-0.080.30.330.980.470.470.960.120.440.250.440.60.720.32-0.020.60.810.470.6-0.180.180.14-0.08-0.16
0.270.320.84-0.670.40.81-0.360.470.39-0.34-0.380.46-0.12-0.21-0.14-0.040.87-0.190.460.550.37-0.730.930.750.54
-0.080.320.16-0.19-0.090.04-0.32-0.060.24-0.280.09-0.170.15-0.12-0.050.630.12-0.14-0.17-0.190.21-0.210.250.16-0.11
0.30.840.16-0.780.420.95-0.420.490.51-0.4-0.680.71-0.14-0.3-0.13-0.030.85-0.270.720.730.59-0.860.940.920.55
0.33-0.67-0.19-0.780.2-0.660.660.13-0.370.620.81-0.440.450.670.420.08-0.490.73-0.42-0.35-0.710.98-0.8-0.95-0.7
0.980.4-0.090.420.20.570.420.990.210.40.150.520.540.590.25-0.060.710.70.550.7-0.130.040.290.06-0.05
0.470.810.040.95-0.660.57-0.280.620.35-0.27-0.570.72-0.02-0.04-0.12-0.20.9-0.040.730.780.56-0.730.840.810.49
0.47-0.36-0.32-0.420.660.42-0.280.31-0.241.00.650.010.730.580.26-0.17-0.10.690.010.12-0.390.57-0.51-0.57-0.34
0.960.47-0.060.490.130.990.620.310.310.290.080.550.440.540.25-0.010.760.640.580.73-0.1-0.020.380.12-0.01
0.120.390.240.51-0.370.210.35-0.240.31-0.24-0.330.42-0.24-0.39-0.110.610.42-0.30.390.480.09-0.430.550.440.23
0.44-0.34-0.28-0.40.620.4-0.271.00.29-0.240.620.030.750.530.26-0.17-0.090.650.030.13-0.360.52-0.47-0.52-0.32
0.25-0.380.09-0.680.810.15-0.570.650.08-0.330.62-0.640.50.580.210.21-0.390.62-0.63-0.44-0.620.8-0.64-0.8-0.54
0.440.46-0.170.71-0.440.520.720.010.550.420.03-0.640.150.010.04-0.230.770.061.00.90.37-0.560.570.590.4
0.6-0.120.15-0.140.450.54-0.020.730.44-0.240.750.50.150.680.130.030.150.720.160.17-0.130.32-0.29-0.32-0.23
0.72-0.21-0.12-0.30.670.59-0.040.580.54-0.390.530.580.010.680.26-0.150.110.970.030.07-0.360.62-0.46-0.57-0.38
0.32-0.14-0.05-0.130.420.25-0.120.260.25-0.110.260.210.040.130.260.08-0.030.40.10.07-0.380.33-0.15-0.28-0.37
-0.02-0.040.63-0.030.08-0.06-0.2-0.17-0.010.61-0.170.21-0.230.03-0.150.08-0.12-0.11-0.24-0.19-0.130.060.02-0.07-0.16
0.60.870.120.85-0.490.710.9-0.10.760.42-0.09-0.390.770.150.11-0.03-0.120.150.780.830.31-0.60.810.640.45
0.81-0.19-0.14-0.270.730.7-0.040.690.64-0.30.650.620.060.720.970.4-0.110.150.090.16-0.440.64-0.41-0.59-0.43
0.470.46-0.170.72-0.420.550.730.010.580.390.03-0.631.00.160.030.1-0.240.780.090.90.36-0.540.580.580.38
0.60.55-0.190.73-0.350.70.780.120.730.480.13-0.440.90.170.070.07-0.190.830.160.90.3-0.480.610.560.28
-0.180.370.210.59-0.71-0.130.56-0.39-0.10.09-0.36-0.620.37-0.13-0.36-0.38-0.130.31-0.440.360.3-0.680.480.710.28
0.18-0.73-0.21-0.860.980.04-0.730.57-0.02-0.430.520.8-0.560.320.620.330.06-0.60.64-0.54-0.48-0.68-0.87-0.97-0.71
0.140.930.250.94-0.80.290.84-0.510.380.55-0.47-0.640.57-0.29-0.46-0.150.020.81-0.410.580.610.48-0.870.890.59
-0.080.750.160.92-0.950.060.81-0.570.120.44-0.52-0.80.59-0.32-0.57-0.28-0.070.64-0.590.580.560.71-0.970.890.65
-0.160.54-0.110.55-0.7-0.050.49-0.34-0.010.23-0.32-0.540.4-0.23-0.38-0.37-0.160.45-0.430.380.280.28-0.710.590.65
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Metalyst Forgings Account Relationship Matchups

Metalyst Forgings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.6B23.9B21.3B18.2B20.9B26.6B
Short Long Term Debt Total34.1B37.5B37.5B37.4B43.1B23.3B
Other Current Liab4.6B28.3M4.7B4.6B5.3B3.4B
Total Current Liabilities39.9B39.9B39.8B39.9B45.8B48.1B
Total Stockholder Equity(12.9B)(19.6B)(22.1B)(25.3B)(22.7B)(21.6B)
Property Plant And Equipment Net21.4B18.9B16.4B14.0B16.1B17.2B
Net Debt33.9B37.3B37.4B37.4B43.0B45.2B
Cash203.8M138.2M47.7M35.4M31.9M30.3M
Non Current Assets Total26.8B21.6B19.1B16.7B19.2B19.6B
Non Currrent Assets Other3.5B840.5M905.7M840.3M966.4M966.9M
Cash And Short Term Investments203.8M138.2M108.5M78.8M70.9M67.3M
Net Receivables1.6B1.1B1.1B390.1M351.1M333.6M
Liabilities And Stockholders Equity30.6B23.9B21.3B18.2B20.9B28.2B
Non Current Liabilities Total3.7B3.6B3.6B3.6B4.1B5.7B
Inventory1.1B950.5M927.5M905.2M814.7M773.9M
Other Current Assets99.0M104.4M1.2B166.9M191.9M182.3M
Other Stockholder Equity9.9B9.5B9.5B2.5B2.8B5.6B
Total Liab43.5B43.5B43.4B43.5B50.0B28.7B
Total Current Assets3.8B2.3B2.2B1.5B1.8B1.7B
Accounts Payable1.2B1.2B1.2B1.2B1.4B1.2B
Current Deferred Revenue4.5B4.7B8.4M25.7B29.5B31.0B
Retained Earnings(23.3B)(29.9B)(32.5B)(35.6B)(32.1B)(30.4B)
Short Term Debt34.0B34.0B34.0B34.0B39.1B27.0B
Other Assets1.9B1.9B2.7B2.7B3.1B3.3B
Short Term Investments93.6M121.2M60.8M43.4M49.9M32.6M
Other Liab3.6B3.6B33.8M44.8M40.3M38.3M
Net Tangible Assets(9.9B)(12.9B)(19.6B)(22.1B)(19.9B)(18.9B)
Long Term Debt80.6M3.5B3.6B3.6B3.2B4.1B
Short Long Term Debt34.0B12.9B34.0B12.9B14.8B25.9B
Property Plant Equipment24.0B21.4B18.9B16.4B14.7B19.6B
Long Term Debt Total71.5M80.6M3.5B3.6B3.2B3.2B
Net Invested Capital21.2B(3.2B)15.3B(8.8B)(7.9B)(7.5B)
Net Working Capital(36.0B)(37.6B)(37.6B)(38.3B)(34.5B)(36.2B)
Accumulated Other Comprehensive Income7.1B7.1B7.1B7.5B8.6B8.0B

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Other Information on Investing in Metalyst Stock

Balance Sheet is a snapshot of the financial position of Metalyst Forgings at a specified time, usually calculated after every quarter, six months, or one year. Metalyst Forgings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Metalyst Forgings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Metalyst currently owns. An asset can also be divided into two categories, current and non-current.