EMX Net Income vs Other Operating Expenses Analysis

EMX Stock  USD 2.07  0.07  3.50%   
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 Income and its Other Operating Expenses 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.

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMX Royalty Corp Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EMX Royalty's Net Income and Other Operating Expenses is -0.04. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses 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 Income and Other Operating Expenses 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 Income of EMX Royalty Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., EMX Royalty's Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in EMX Royalty Corp financial statement analysis. It represents the amount of money remaining after all of EMX Royalty Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EMX Royalty Corp. It is also known as EMX Royalty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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)

Also Currently Popular

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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for EMX Stock analysis

When running EMX Royalty's price analysis, check to measure EMX Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
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.