Methanex Current Deferred Revenue vs Net Debt Analysis

MX Stock  CAD 67.16  1.02  1.54%   
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 Current Deferred Revenue and its Net Debt 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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Methanex's Current Deferred Revenue and Net Debt is -0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Methanex are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Methanex's Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.At this time, Methanex's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of December 2024, Enterprise Value is likely to grow to about 6.1 B, while Selling General Administrative is likely to drop about 218.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B865.1M655.4M488.5M
Total Revenue4.4B4.3B3.7B2.3B

Methanex fundamental ratios Correlations

0.78-0.140.650.830.98-0.850.680.890.930.580.820.380.580.860.190.930.920.52-0.70.840.650.850.24-0.78-0.18
0.78-0.240.760.520.77-0.810.950.540.670.510.920.670.510.530.010.830.630.44-0.550.980.880.630.46-0.57-0.63
-0.14-0.24-0.010.08-0.140.24-0.250.04-0.26-0.06-0.160.05-0.06-0.030.39-0.280.02-0.21-0.03-0.22-0.12-0.050.24-0.120.11
0.650.76-0.010.650.63-0.870.750.650.680.320.870.710.320.590.260.490.70.36-0.470.830.850.560.81-0.65-0.54
0.830.520.080.650.79-0.790.410.980.810.490.70.420.490.860.520.60.850.28-0.640.620.570.780.28-0.840.1
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
-0.85-0.810.24-0.87-0.79-0.81-0.74-0.8-0.91-0.51-0.89-0.55-0.51-0.77-0.24-0.74-0.85-0.460.56-0.89-0.82-0.76-0.430.730.32
0.680.95-0.250.750.410.73-0.740.450.570.220.930.70.220.48-0.090.750.520.4-0.510.930.880.40.53-0.48-0.74
0.890.540.040.650.980.87-0.80.450.870.450.710.350.450.910.440.680.890.35-0.690.640.550.780.28-0.840.07
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
-0.78-0.57-0.12-0.65-0.84-0.750.73-0.48-0.84-0.68-0.49-0.73-0.23-0.49-0.9-0.73-0.63-0.76-0.310.84-0.7-0.46-0.76-0.3-0.06
-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
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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
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.