Methanex Capital Stock vs Total Current Assets Analysis
MEOH Stock | USD 53.65 0.07 0.13% |
Methanex financial indicator trend analysis is infinitely more than just investigating Methanex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Methanex is a good investment. Please check the relationship between Methanex Capital Stock and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Methanex's Capital Stock and Total Current Assets is -0.09. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Capital Stock 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 Capital Stock of Methanex 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 Capital Stock i.e., Methanex's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.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 Methanex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Methanex 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.As of now, Methanex's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 865.1M | 942.7M | 498.3M | Total Revenue | 4.4B | 4.3B | 3.8B | 2.3B |
Methanex fundamental ratios Correlations
Click cells to compare fundamentals
Methanex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Methanex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.7B | 6.1B | 6.6B | 6.4B | 3.5B | |
Short Long Term Debt Total | 2.5B | 3.1B | 2.9B | 3.0B | 3.0B | 3.1B | |
Total Current Liabilities | 648.2M | 765.4M | 963.2M | 942.6M | 1.3B | 1.4B | |
Total Stockholder Equity | 1.3B | 1.1B | 1.7B | 2.1B | 1.9B | 1.4B | |
Property Plant And Equipment Net | 3.6B | 3.7B | 3.7B | 4.2B | 4.4B | 2.2B | |
Net Debt | 2.1B | 2.3B | 1.9B | 2.2B | 2.5B | 2.7B | |
Retained Earnings | 1.0B | 843.6M | 1.3B | 1.5B | 1.5B | 792.4M | |
Accounts Payable | 493.8M | 601.0M | 834.8M | 788.8M | 767.9M | 806.3M | |
Cash | 416.8M | 833.8M | 932.1M | 857.7M | 459.1M | 431.9M | |
Non Current Assets Total | 4.0B | 4.1B | 4.1B | 4.8B | 4.9B | 5.2B | |
Non Currrent Assets Other | 82.8M | 92.5M | 99.2M | 356.4M | 38.8M | 36.8M | |
Cash And Short Term Investments | 416.8M | 833.8M | 932.1M | 857.7M | 459.1M | 431.9M | |
Net Receivables | 488.7M | 412M | 551.4M | 500.9M | 530.9M | 369.5M | |
Common Stock Shares Outstanding | 76.7M | 76.2M | 76.2M | 71.7M | 67.8M | 94.1M | |
Liabilities And Stockholders Equity | 5.2B | 5.7B | 6.1B | 6.6B | 6.4B | 3.5B | |
Non Current Liabilities Total | 2.9B | 3.5B | 3.2B | 3.3B | 2.9B | 1.5B | |
Inventory | 281.1M | 308.7M | 459.6M | 439.8M | 424.6M | 231.0M | |
Other Current Assets | 8.2M | 6.6M | 9.8M | 39.3M | 58.2M | 61.1M | |
Other Stockholder Equity | 1.8M | 1.9M | 1.9M | 1.9M | 1.8M | 1.7M | |
Total Liab | 3.6B | 4.3B | 4.1B | 4.2B | 4.2B | 4.4B | |
Total Current Assets | 1.2B | 1.6B | 2.0B | 1.9B | 1.5B | 1.1B | |
Short Term Debt | 128.2M | 137.3M | 110.1M | 123.9M | 433.2M | 454.9M | |
Other Current Liab | 520.0M | 628.1M | 853.1M | 818.7M | 94.5M | 89.8M | |
Common Stock Total Equity | 480.3M | 446.5M | 440.5M | 440.7M | 396.7M | 429.8M | |
Property Plant And Equipment Gross | 3.6B | 3.7B | 6.8B | 7.6B | 7.9B | 8.3B | |
Accumulated Other Comprehensive Income | (150.4M) | (137.1M) | (2.7M) | 241.9M | 22.8M | 23.9M | |
Common Stock | 442.3M | 440.7M | 432.7M | 401.3M | 389.9M | 419.2M | |
Current Deferred Revenue | (493.8M) | (601.0M) | (834.8M) | (788.8M) | 1.0 | 1.05 | |
Other Liab | 558.9M | 540.9M | 406.5M | 361.6M | 415.8M | 271.0M | |
Other Assets | 194.4M | 230.1M | 197.4M | 402.7M | 1.0 | 0.95 | |
Long Term Debt | 1.7B | 2.3B | 2.1B | 2.1B | 1.8B | 1.2B | |
Property Plant Equipment | 3.6B | 3.7B | 3.7B | 4.2B | 4.8B | 2.5B | |
Long Term Investments | 193.5M | 194.0M | 217.3M | 197.1M | 189.9M | 163.0M | |
Short Long Term Debt | 38.4M | 39.8M | 11.8M | 15.1M | 314.7M | 171.4M | |
Net Tangible Assets | 1.3B | 1.1B | 1.7B | 2.1B | 2.4B | 1.8B |
Currently Active Assets on Macroaxis
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex'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 Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Methanex's price analysis, check to measure Methanex'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 Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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Is Methanex'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 Methanex. If investors know Methanex 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 Methanex 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 (0.12) | Dividend Share 0.74 | Earnings Share 2.47 | Revenue Per Share 53.378 | Quarterly Revenue Growth (0.12) |
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex'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 Methanex's market value can be influenced by many factors that don't directly affect Methanex'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 Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex'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.