EMX Short Term Investments vs Cash And Short Term Investments Analysis

EMX Stock  USD 1.94  0.06  3.00%   
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 Short Term Investments and its Cash And Short Term Investments 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 tightly coupled with the direction of predictive economic indicators such as signals in population.

Short Term Investments vs Cash And Short Term Investments

Short Term Investments vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Short Term Investments account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between EMX Royalty's Short Term Investments and Cash And Short Term Investments is 0.27. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash And Short Term Investments 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 Short Term Investments and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of EMX Royalty Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Investments i.e., EMX Royalty's Short Term Investments and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of EMX Royalty balance sheet. It contains any investments EMX Royalty Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that EMX Royalty Corp can easily liquidate in the marketplace.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of EMX Royalty Corp balance sheet. This account contains EMX Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by EMX Royalty Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 tightly coupled 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
Click cells to compare fundamentals

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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When determining whether EMX Royalty Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EMX Royalty'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 Emx Royalty Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emx Royalty Corp Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is EMX Royalty's industry 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 EMX Royalty. If investors know EMX 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 EMX Royalty 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
0.135
Earnings Share
(0.03)
Revenue Per Share
0.27
Quarterly Revenue Growth
1.276
Return On Assets
0.0166
The market value of EMX Royalty Corp is measured differently than its book value, which is the value of EMX that is recorded on the company's balance sheet. Investors also form their own opinion of EMX Royalty's value that differs from its market value or its book value, called intrinsic value, which is EMX Royalty'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 EMX Royalty's market value can be influenced by many factors that don't directly affect EMX Royalty'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 EMX Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMX Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMX Royalty'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.