Methanex Historical Balance Sheet

MX Stock  CAD 67.16  1.02  1.54%   
Trend analysis of Methanex balance sheet accounts such as Total Current Liabilities of 1.4 B provides information on Methanex's total assets, liabilities, and equity, which is the actual value of Methanex to its prevalent stockholders. By breaking down trends over time using Methanex balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Methanex latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Methanex is a good buy for the upcoming year.

Methanex Inventory

231.11 Million

  
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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.

About Methanex Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Methanex at a specified time, usually calculated after every quarter, six months, or one year. Methanex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Methanex 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 Methanex currently owns. An asset can also be divided into two categories, current and non-current.

Methanex Balance Sheet Chart

At this time, Methanex's Total Liabilities is very stable compared to the past year. As of the 9th of December 2024, Property Plant And Equipment Gross is likely to grow to about 8.3 B, while Total Assets are likely to drop about 3.5 B.

Total Assets

Total assets refers to the total amount of Methanex assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Methanex books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt

Long-term debt is a debt that Methanex has held for over one year. Long-term debt appears on Methanex balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Methanex balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Methanex's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Methanex current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.At this time, Methanex's Total Liabilities is very stable compared to the past year. As of the 9th of December 2024, Property Plant And Equipment Gross is likely to grow to about 8.3 B, while Total Assets are likely to drop about 3.5 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.9B3.0B3.0B3.2B
Total Assets6.1B6.6B6.4B3.5B

Methanex balance sheet Correlations

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0.980.77-0.140.630.79-0.810.730.870.890.420.840.40.420.860.130.930.870.49-0.710.830.650.730.28-0.75-0.24
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0.930.67-0.260.680.810.89-0.910.570.870.550.740.330.550.830.130.820.930.52-0.540.760.630.830.21-0.68-0.12
0.580.51-0.060.320.490.42-0.510.220.450.550.340.161.00.350.290.560.570.31-0.340.490.340.89-0.04-0.490.06
0.820.92-0.160.870.70.84-0.890.930.710.740.340.690.340.710.220.770.710.39-0.660.970.880.590.55-0.73-0.51
0.380.670.050.710.420.4-0.550.70.350.330.160.690.160.17-0.090.310.360.12-0.120.630.870.240.63-0.23-0.67
0.580.51-0.060.320.490.42-0.510.220.450.551.00.340.160.350.290.560.570.31-0.340.490.340.89-0.04-0.490.06
0.860.53-0.030.590.860.86-0.770.480.910.830.350.710.170.350.470.720.860.39-0.780.660.480.720.19-0.90.02
0.190.010.390.260.520.13-0.24-0.090.440.130.290.22-0.090.290.47-0.010.24-0.14-0.520.14-0.010.380.1-0.730.48
0.930.83-0.280.490.60.93-0.740.750.680.820.560.770.310.560.72-0.010.760.53-0.650.850.610.750.1-0.63-0.3
0.920.630.020.70.850.87-0.850.520.890.930.570.710.360.570.860.240.760.57-0.590.720.630.870.34-0.76-0.16
0.520.44-0.210.360.280.49-0.460.40.350.520.310.390.120.310.39-0.140.530.57-0.50.470.310.490.19-0.31-0.3
-0.7-0.55-0.03-0.47-0.64-0.710.56-0.51-0.69-0.54-0.34-0.66-0.12-0.34-0.78-0.52-0.65-0.59-0.5-0.64-0.35-0.59-0.220.840.04
0.840.98-0.220.830.620.83-0.890.930.640.760.490.970.630.490.660.140.850.720.47-0.640.870.680.48-0.7-0.55
0.650.88-0.120.850.570.65-0.820.880.550.630.340.880.870.340.48-0.010.610.630.31-0.350.870.510.58-0.46-0.68
0.850.63-0.050.560.780.73-0.760.40.780.830.890.590.240.890.720.380.750.870.49-0.590.680.510.12-0.760.01
0.240.460.240.810.280.28-0.430.530.280.21-0.040.550.63-0.040.190.10.10.340.19-0.220.480.580.12-0.3-0.63
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-0.18-0.630.11-0.540.1-0.240.32-0.740.07-0.120.06-0.51-0.670.060.020.48-0.3-0.16-0.30.04-0.55-0.680.01-0.63-0.06
Click cells to compare fundamentals

Methanex Account Relationship Matchups

Methanex balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.7B6.1B6.6B6.4B3.5B
Short Long Term Debt Total2.5B3.1B2.9B3.0B3.0B3.2B
Other Current Liab26.3M27.2M17.2M29.5M95.0M67.3M
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
Current Deferred Revenue(493.8M)(601.0M)(836.0M)(789.2M)(771.9M)(733.3M)
Net Debt2.1B2.3B1.9B2.2B2.6B2.7B
Retained Earnings1.0B843.6M1.3B1.5B1.5B792.7M
Accounts Payable493.8M601.0M836.0M789.2M771.9M389.1M
Cash416.8M833.8M932.1M857.7M458.0M431.9M
Non Current Assets Total4.0B4.1B4.1B4.8B4.9B5.2B
Non Currrent Assets Other82.8M92.5M99.2M356.4M344.6M361.8M
Cash And Short Term Investments416.8M833.8M932.1M857.7M458.0M431.9M
Net Receivables488.7M412M551.4M500.9M533.6M365.3M
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 Assets190.7M116.4M139.1M171.1M61.9M50.2M
Other Stockholder Equity(146.8M)1.9M1.9M1.9M1.8M1.7M
Total Liab3.6B4.3B4.1B4.2B4.3B4.5B
Property Plant And Equipment Gross3.6B3.7B6.8B7.6B7.9B8.3B
Total Current Assets1.2B1.6B2.0B1.9B1.5B1.1B
Short Term Debt128.2M137.3M110.1M123.9M435.4M457.2M
Accumulated Other Comprehensive Income(150.4M)(137.1M)(2.7M)241.9M22.9M24.0M
Common Stock Total Equity480.3M446.5M440.5M440.7M396.7M385.2M
Common Stock442.3M440.7M432.7M401.3M391.9M370.0M
Other Liab558.9M540.9M406.5M361.6M415.8M538.8M
Net Tangible Assets1.3B1.1B1.7B2.1B1.9B1.3B
Other Assets194.4M230.1M197.4M378.8M435.6M457.4M
Long Term Debt1.7B2.3B2.1B2.1B1.8B1.8B
Long Term Investments193.5M194.0M217.3M197.1M189.9M163.0M
Short Long Term Debt38.4M39.8M11.8M15.1M314.7M171.4M
Property Plant Equipment3.6B3.7B3.7B4.2B4.8B3.6B
Long Term Debt Total2.4B2.9B2.8B2.9B3.3B2.3B
Capital Surpluse1.8M1.9M1.9M1.9M1.7M1.6M
Non Current Liabilities Other286.1M327.5M193.7M134.6M154.9M225.1M

Pair Trading with Methanex

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Methanex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Methanex will appreciate offsetting losses from the drop in the long position's value.

Moving against Methanex Stock

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The ability to find closely correlated positions to Methanex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Methanex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Methanex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Methanex to buy it.
The correlation of Methanex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Methanex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Methanex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Methanex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.