EMX Total Assets vs Total Current Assets Analysis
EMX Stock | USD 2.03 0.09 4.25% |
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 Total Assets and its Total Current 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 tightly coupled with the direction of predictive economic indicators such as signals in population.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EMX Royalty's Total Assets and Total Current Assets is 0.45. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current 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 Total Assets and Total Current 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 Total Assets of EMX Royalty Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., EMX Royalty's Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of EMX Royalty 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 EMX Royalty Corp 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 Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
Click cells to compare fundamentals
EMX Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EMX Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 81.8M | 83.7M | 89.1M | 109.9M | 111.2M | 116.7M | |
Total Assets | 78.3M | 80.7M | 164.6M | 168.8M | 209.1M | 219.5M | |
Other Current Liab | 1.0M | 2.8M | (640.0K) | (830.6K) | 1.3M | 937.4K | |
Total Current Liabilities | 2.9M | 4.1M | 55.5M | 7.3M | 49.2M | 51.7M | |
Total Stockholder Equity | 75.4M | 76.7M | 109.0M | 123.2M | 158.8M | 166.7M | |
Property Plant And Equipment Net | 12.0M | 15.1M | 66.0M | 54.6M | 1.1M | 1.1M | |
Net Debt | (52.8M) | (41.1M) | 30.7M | 25.0M | 15.9M | 16.7M | |
Retained Earnings | (42.4M) | (48.1M) | (72.1M) | (81.6M) | (77.9M) | (74.0M) | |
Accounts Payable | 1.3M | 3.6M | 3.0M | 3.2M | 3.7M | 3.9M | |
Cash | 52.8M | 41.1M | 19.8M | 15.5M | 27.3M | 19.7M | |
Non Current Assets Total | 17.9M | 22.6M | 120.3M | 130.0M | 162.9M | 171.0M | |
Non Currrent Assets Other | 703.5K | 511.3K | 974.9K | 13.1M | 78.8M | 82.7M | |
Cash And Short Term Investments | 57.0M | 54.2M | 31.8M | 25.9M | 36.0M | 23.1M | |
Net Receivables | 1.8M | 2.6M | 9.4M | 11.6M | 7.7M | 8.1M | |
Liabilities And Stockholders Equity | 78.3M | 80.7M | 164.6M | 168.8M | 209.1M | 219.5M | |
Non Current Liabilities Total | 1.8M | 1.2M | 70.8M | 38.4M | 1.1M | 1.0M | |
Total Liab | 2.9M | 4.1M | 55.5M | 45.6M | 50.3M | 52.8M | |
Property Plant And Equipment Gross | 2.2M | 19.2M | 66.7M | 55.6M | 63.9M | 67.1M | |
Total Current Assets | 60.4M | 58.2M | 44.3M | 38.8M | 46.2M | 27.6M | |
Accumulated Other Comprehensive Income | 19.2M | 20.7M | 24.6M | 11.8M | 24.6M | 25.8M | |
Inventory | 1.3M | 870.5K | 3.1M | (14.4M) | (7.7M) | (7.4M) | |
Other Current Assets | 309K | 407K | (48K) | 15.7M | 10.2M | 10.7M | |
Net Tangible Assets | 85.0M | 83.5M | 58.8M | 71.5M | 82.2M | 86.3M | |
Common Stock Total Equity | 124.1M | 125.2M | 128.8M | 132.7M | 152.6M | 107.2M | |
Short Term Investments | 4.2M | 13.1M | 12.1M | 10.4M | 8.7M | 6.3M | |
Long Term Investments | 5.3M | 8.9M | 47.5M | 62.3M | 62.8M | 65.9M | |
Short Term Debt | 1.3M | 3.6M | 50.5M | 3.2M | 43.2M | 45.3M | |
Common Stock | 98.6M | 104.0M | 156.6M | 193.0M | 212.2M | 120.0M | |
Property Plant Equipment | 2.2M | 5.0M | 84.2M | 2.9M | 3.4M | 3.2M | |
Current Deferred Revenue | 1.8M | 1.2M | 2.7M | 1.7M | 994K | 1.0M | |
Net Invested Capital | 98.5M | 97.8M | 203.4M | 163.7M | 153.2M | 136.3M | |
Net Working Capital | 75.2M | 69.0M | (14.3M) | 31.6M | (2.3M) | (2.2M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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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 0.239 | Quarterly Revenue Growth 2.298 | Return On Assets 0.0113 |
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.