EMX Net Tangible Assets vs Other Assets Analysis

EMX Stock  USD 1.84  0.05  2.65%   
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 Net Tangible Assets and its Other Assets 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.

Net Tangible Assets vs Other Assets

Net Tangible Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Net Tangible Assets account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EMX Royalty's Net Tangible Assets and Other Assets is 0.47. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Assets 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 Net Tangible Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of EMX Royalty Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Tangible Assets i.e., EMX Royalty's Net Tangible Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Assets

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 83.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.

EMX Royalty fundamental ratios Correlations

0.80.060.570.820.060.25-0.750.740.30.740.570.360.740.210.680.680.4-0.550.640.660.040.690.850.050.07
0.8-0.070.850.990.060.46-0.460.870.280.940.770.380.870.370.940.940.45-0.640.780.82-0.260.70.50.25-0.05
0.06-0.07-0.130.05-0.45-0.740.390.210.7-0.32-0.060.65-0.14-0.51-0.35-0.250.590.2-0.21-0.16-0.210.430.140.14-0.11
0.570.85-0.130.81-0.010.57-0.360.720.10.850.740.190.710.420.890.90.27-0.290.470.6-0.240.510.290.23-0.04
0.820.990.050.81-0.010.33-0.420.890.390.890.780.480.830.270.870.890.54-0.640.770.81-0.290.760.530.26-0.06
0.060.06-0.45-0.01-0.010.31-0.26-0.1-0.210.09-0.41-0.10.220.820.230.150.030.04-0.04-0.20.1-0.260.210.350.02
0.250.46-0.740.570.330.31-0.550.21-0.690.690.48-0.570.510.530.710.67-0.44-0.470.520.550.1-0.16-0.010.140.08
-0.75-0.460.39-0.36-0.42-0.26-0.55-0.290.3-0.61-0.370.25-0.46-0.27-0.52-0.460.230.38-0.41-0.46-0.41-0.11-0.730.22-0.25
0.740.870.210.720.89-0.10.21-0.290.480.730.610.590.820.250.750.830.62-0.530.670.66-0.420.860.490.27-0.14
0.30.280.70.10.39-0.21-0.690.30.48-0.04-0.020.970.22-0.10.010.060.910.050.01-0.04-0.410.770.370.09-0.16
0.740.94-0.320.850.890.090.69-0.610.73-0.040.820.060.820.390.970.940.13-0.690.80.87-0.090.470.420.110.03
0.570.77-0.060.740.78-0.410.48-0.370.61-0.020.820.020.5-0.140.70.720.06-0.610.710.89-0.130.420.20.110.01
0.360.380.650.190.48-0.1-0.570.250.590.970.060.020.320.030.120.20.97-0.010.10.02-0.460.810.410.27-0.17
0.740.87-0.140.710.830.220.51-0.460.820.220.820.50.320.560.880.890.42-0.680.780.7-0.30.690.460.19-0.11
0.210.37-0.510.420.270.820.53-0.270.25-0.10.39-0.140.030.560.580.530.16-0.060.150.01-0.090.080.20.32-0.01
0.680.94-0.350.890.870.230.71-0.520.750.010.970.70.120.880.580.980.22-0.60.740.76-0.170.490.370.21-0.01
0.680.94-0.250.90.890.150.67-0.460.830.060.940.720.20.890.530.980.3-0.610.750.77-0.270.570.360.32-0.04
0.40.450.590.270.540.03-0.440.230.620.910.130.060.970.420.160.220.3-0.090.180.09-0.520.790.410.46-0.2
-0.55-0.640.2-0.29-0.640.04-0.470.38-0.530.05-0.69-0.61-0.01-0.68-0.06-0.6-0.61-0.09-0.98-0.90.15-0.38-0.2-0.120.02
0.640.78-0.210.470.77-0.040.52-0.410.670.010.80.710.10.780.150.740.750.18-0.980.94-0.210.50.260.17-0.03
0.660.82-0.160.60.81-0.20.55-0.460.66-0.040.870.890.020.70.010.760.770.09-0.90.94-0.130.470.260.12-0.01
0.04-0.26-0.21-0.24-0.290.10.1-0.41-0.42-0.41-0.09-0.13-0.46-0.3-0.09-0.17-0.27-0.520.15-0.21-0.13-0.390.17-0.420.39
0.690.70.430.510.76-0.26-0.16-0.110.860.770.470.420.810.690.080.490.570.79-0.380.50.47-0.390.510.12-0.12
0.850.50.140.290.530.21-0.01-0.730.490.370.420.20.410.460.20.370.360.41-0.20.260.260.170.51-0.060.1
0.050.250.140.230.260.350.140.220.270.090.110.110.270.190.320.210.320.46-0.120.170.12-0.420.12-0.06-0.15
0.07-0.05-0.11-0.04-0.060.020.08-0.25-0.14-0.160.030.01-0.17-0.11-0.01-0.01-0.04-0.20.02-0.03-0.010.39-0.120.1-0.15
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EMX Royalty Account Relationship Matchups

EMX Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding81.8M83.7M89.1M109.9M111.2M116.7M
Total Assets78.3M80.7M164.6M168.8M209.1M219.5M
Other Current Liab1.0M2.8M(640.0K)(830.6K)1.3M937.4K
Total Current Liabilities2.9M4.1M55.5M7.3M49.2M51.7M
Total Stockholder Equity75.4M76.7M109.0M123.2M158.8M166.7M
Property Plant And Equipment Net12.0M15.1M66.0M54.6M1.1M1.1M
Net Debt(52.8M)(41.1M)30.7M25.0M15.9M16.7M
Retained Earnings(42.4M)(48.1M)(72.1M)(81.6M)(77.9M)(74.0M)
Accounts Payable1.3M3.6M3.0M3.2M3.7M3.9M
Cash52.8M41.1M19.8M15.5M27.3M19.7M
Non Current Assets Total17.9M22.6M120.3M130.0M162.9M171.0M
Non Currrent Assets Other703.5K511.3K974.9K13.1M78.8M82.7M
Cash And Short Term Investments57.0M54.2M31.8M25.9M36.0M23.1M
Net Receivables1.8M2.6M9.4M11.6M7.7M8.1M
Liabilities And Stockholders Equity78.3M80.7M164.6M168.8M209.1M219.5M
Non Current Liabilities Total1.8M1.2M70.8M38.4M1.1M1.0M
Total Liab2.9M4.1M55.5M45.6M50.3M52.8M
Property Plant And Equipment Gross2.2M19.2M66.7M55.6M63.9M67.1M
Total Current Assets60.4M58.2M44.3M38.8M46.2M27.6M
Accumulated Other Comprehensive Income19.2M20.7M24.6M11.8M24.6M25.8M
Inventory1.3M870.5K3.1M(14.4M)(7.7M)(7.4M)
Other Current Assets309K407K(48K)15.7M10.2M10.7M
Net Tangible Assets85.0M83.5M58.8M71.5M82.2M86.3M
Common Stock Total Equity124.1M125.2M128.8M132.7M152.6M107.2M
Short Term Investments4.2M13.1M12.1M10.4M8.7M6.3M
Long Term Investments5.3M8.9M47.5M62.3M62.8M65.9M
Short Term Debt1.3M3.6M50.5M3.2M43.2M45.3M
Common Stock98.6M104.0M156.6M193.0M212.2M120.0M
Property Plant Equipment2.2M5.0M84.2M2.9M3.4M3.2M
Current Deferred Revenue1.8M1.2M2.7M1.7M994K1.0M
Net Invested Capital98.5M97.8M203.4M163.7M153.2M136.3M
Net Working Capital75.2M69.0M(14.3M)31.6M(2.3M)(2.2M)

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