Metalla Story

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MTA -- USA Stock  

USD 12.17  0.98  7.45%

Metalla Royalty And is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 20th of November 2020. Metalla Royalty symbol was changed from MTAFD on 8th of January 2020. Metalla Royalty Current Ratio is projected to increase based on the last few years of reporting. The past year's Current Ratio was at 2.83. The current year Debt to Equity Ratio is expected to grow to 0.12, whereas Average Assets are forecasted to decline to about 54.1 M. Although many aggressive traders are getting into basic materials space, Metalla Royalty And may or may not be your first choice.
Published over three months ago
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How much will Metalla Royalty owe in October?
This firm has 3.4 M in debt with debt to equity (D/E) ratio of 0.07, which may show that Metalla Royalty is not taking advantage of profits from borrowing. The company has a current ratio of 2.77, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.
Metalla Royalty financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Metalla Royalty, including all of Metalla Royalty's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Metalla Royalty assets, the company is considered highly leveraged. Understanding the composition and structure of overall Metalla Royalty debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

Understanding Metalla Total Debt

Metalla Royalty And liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Metalla Royalty And has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Metalla Royalty balance sheet include debt obligations and money owed to different Metalla Royalty vendors, workers, and loan providers. Below is the chart of Metalla main long-term debt accounts currently reported on its balance sheet.
You can use Metalla Royalty And financial leverage analysis tool to get a better grip on understanding its financial position

How important is Metalla Royalty's Liquidity

Metalla Royalty financial leverage refers to using borrowed capital as a funding source to finance Metalla Royalty And ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Metalla Royalty financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Metalla Royalty's total debt and its cash.

An Additional Perspective On Metalla Royalty And

The current price rise of Metalla Royalty And may encourage investors to take a closer look at the firm as it is trading at a share price of 7.81 on slow start in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in October. The stock standard deviation of daily returns for 30 days investing horizon is currently 4.07. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Metalla Royalty And partners.

Liabilities Breakdown

Tax Liabilities
1.8 M
Current Liabilities
4.8 M
Long-Term Liabilities
Total Liabilities6.24 Million
Current Liabilities1.83 Million
Long-Term Liabilities4.77 Million
Tax Liabilities541,059

Metalla Royalty is likely finish below $7.97 in 30 days

Current risk adjusted performance is at 0.12. Metalla Royalty And shows above-average downside volatility for the selected time horizon. We advise investors to inspect Metalla Royalty And further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Metalla Royalty future alpha.

Our Final Perspective on Metalla Royalty

Whereas few other entities in the other precious metals & mining industry are either recovering or due for a correction, Metalla Royalty may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Metalla as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Metalla Royalty.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Metalla Royalty And. Please refer to our Terms of Use for any information regarding our disclosure principles.

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