Methanex Net Tangible Assets vs Common Stock Analysis

MEOH Stock  USD 53.58  0.88  1.67%   
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 Net Tangible Assets and its Common Stock 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.

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Methanex's Net Tangible Assets and Common Stock is -0.08. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Net Tangible Assets and Common Stock 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 Tangible Assets of Methanex are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Methanex's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock

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 Profit1.1B865.1M942.7M498.3M
Total Revenue4.4B4.3B3.8B2.3B

Methanex fundamental ratios Correlations

0.780.650.830.980.680.890.810.580.820.430.580.830.190.930.920.18-0.530.840.850.230.6-0.810.6-0.83-0.47
0.780.760.520.770.950.540.820.510.920.280.510.470.020.830.630.28-0.510.980.630.450.19-0.750.86-0.78-0.63
0.650.760.650.630.750.650.90.320.860.070.320.570.260.50.70.72-0.420.830.560.790.1-0.770.82-0.79-0.17
0.830.520.650.790.410.980.770.490.70.420.490.860.520.60.850.38-0.410.620.780.260.54-0.740.51-0.76-0.05
0.980.770.630.790.730.870.770.420.840.380.420.80.130.930.860.2-0.490.830.730.270.5-0.810.6-0.83-0.44
0.680.950.750.410.730.450.750.230.920.180.230.4-0.090.750.520.36-0.450.930.40.530.03-0.70.87-0.73-0.56
0.890.540.650.980.870.450.770.460.710.360.460.90.450.680.890.33-0.430.640.780.270.56-0.770.49-0.78-0.1
0.810.820.90.770.770.750.770.520.90.260.520.740.280.70.820.46-0.610.90.750.450.44-0.760.81-0.79-0.38
0.580.510.320.490.420.230.460.520.350.41.00.390.290.570.57-0.13-0.360.50.89-0.050.55-0.420.31-0.44-0.43
0.820.920.860.70.840.920.710.90.350.250.350.660.220.770.710.46-0.530.970.60.540.24-0.840.85-0.86-0.39
0.430.280.070.420.380.180.360.260.40.250.40.18-0.10.40.410.010.00.260.42-0.160.49-0.20.3-0.29-0.51
0.580.510.320.490.420.230.460.521.00.350.40.390.290.570.57-0.13-0.360.50.89-0.050.55-0.420.31-0.44-0.43
0.830.470.570.860.80.40.90.740.390.660.180.390.530.660.840.23-0.530.610.750.140.65-0.790.35-0.77-0.1
0.190.020.260.520.13-0.090.450.280.290.22-0.10.290.53-0.010.240.15-0.110.140.380.10.31-0.45-0.09-0.410.5
0.930.830.50.60.930.750.680.70.570.770.40.570.66-0.010.76-0.03-0.530.850.750.090.54-0.720.57-0.73-0.68
0.920.630.70.850.860.520.890.820.570.710.410.570.840.240.760.33-0.390.720.870.330.62-0.80.58-0.83-0.38
0.180.280.720.380.20.360.330.46-0.130.460.01-0.130.230.15-0.030.33-0.170.340.090.82-0.27-0.440.53-0.460.26
-0.53-0.51-0.42-0.41-0.49-0.45-0.43-0.61-0.36-0.530.0-0.36-0.53-0.11-0.53-0.39-0.17-0.56-0.480.02-0.380.31-0.360.320.27
0.840.980.830.620.830.930.640.90.50.970.260.50.610.140.850.720.34-0.560.680.480.3-0.830.84-0.85-0.55
0.850.630.560.780.730.40.780.750.890.60.420.890.750.380.750.870.09-0.480.680.110.7-0.70.46-0.72-0.41
0.230.450.790.260.270.530.270.45-0.050.54-0.16-0.050.140.10.090.330.820.020.480.11-0.36-0.550.57-0.550.11
0.60.190.10.540.50.030.560.440.550.240.490.550.650.310.540.62-0.27-0.380.30.7-0.36-0.33-0.02-0.34-0.38
-0.81-0.75-0.77-0.74-0.81-0.7-0.77-0.76-0.42-0.84-0.2-0.42-0.79-0.45-0.72-0.8-0.440.31-0.83-0.7-0.55-0.33-0.610.990.21
0.60.860.820.510.60.870.490.810.310.850.30.310.35-0.090.570.580.53-0.360.840.460.57-0.02-0.61-0.66-0.49
-0.83-0.78-0.79-0.76-0.83-0.73-0.78-0.79-0.44-0.86-0.29-0.44-0.77-0.41-0.73-0.83-0.460.32-0.85-0.72-0.55-0.340.99-0.660.27
-0.47-0.63-0.17-0.05-0.44-0.56-0.1-0.38-0.43-0.39-0.51-0.43-0.10.5-0.68-0.380.260.27-0.55-0.410.11-0.380.21-0.490.27
Click cells to compare fundamentals

Methanex Account Relationship Matchups

Methanex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.7B6.1B6.6B6.4B3.5B
Short Long Term Debt Total2.5B3.1B2.9B3.0B3.0B3.1B
Total Current Liabilities648.2M765.4M963.2M942.6M1.3B1.4B
Total Stockholder Equity1.3B1.1B1.7B2.1B1.9B1.4B
Property Plant And Equipment Net3.6B3.7B3.7B4.2B4.4B2.2B
Net Debt2.1B2.3B1.9B2.2B2.5B2.7B
Retained Earnings1.0B843.6M1.3B1.5B1.5B792.4M
Accounts Payable493.8M601.0M834.8M788.8M767.9M806.3M
Cash416.8M833.8M932.1M857.7M459.1M431.9M
Non Current Assets Total4.0B4.1B4.1B4.8B4.9B5.2B
Non Currrent Assets Other82.8M92.5M99.2M356.4M38.8M36.8M
Cash And Short Term Investments416.8M833.8M932.1M857.7M459.1M431.9M
Net Receivables488.7M412M551.4M500.9M530.9M369.5M
Common Stock Shares Outstanding76.7M76.2M76.2M71.7M67.8M94.1M
Liabilities And Stockholders Equity5.2B5.7B6.1B6.6B6.4B3.5B
Non Current Liabilities Total2.9B3.5B3.2B3.3B2.9B1.5B
Inventory281.1M308.7M459.6M439.8M424.6M231.0M
Other Current Assets8.2M6.6M9.8M39.3M58.2M61.1M
Other Stockholder Equity1.8M1.9M1.9M1.9M1.8M1.7M
Total Liab3.6B4.3B4.1B4.2B4.2B4.4B
Total Current Assets1.2B1.6B2.0B1.9B1.5B1.1B
Short Term Debt128.2M137.3M110.1M123.9M433.2M454.9M
Other Current Liab520.0M628.1M853.1M818.7M94.5M89.8M
Common Stock Total Equity480.3M446.5M440.5M440.7M396.7M429.8M
Property Plant And Equipment Gross3.6B3.7B6.8B7.6B7.9B8.3B
Accumulated Other Comprehensive Income(150.4M)(137.1M)(2.7M)241.9M22.8M23.9M
Common Stock442.3M440.7M432.7M401.3M389.9M419.2M
Current Deferred Revenue(493.8M)(601.0M)(834.8M)(788.8M)1.01.05
Other Liab558.9M540.9M406.5M361.6M415.8M271.0M
Other Assets194.4M230.1M197.4M402.7M1.00.95
Long Term Debt1.7B2.3B2.1B2.1B1.8B1.2B
Property Plant Equipment3.6B3.7B3.7B4.2B4.8B2.5B
Long Term Investments193.5M194.0M217.3M197.1M189.9M163.0M
Short Long Term Debt38.4M39.8M11.8M15.1M314.7M171.4M
Net Tangible Assets1.3B1.1B1.7B2.1B2.4B1.8B

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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.