Metalla Income Before Tax vs Gross Profit Analysis
MTA Stock | USD 3.18 0.13 4.26% |
Metalla Royalty financial indicator trend analysis is infinitely more than just investigating Metalla Royalty Streaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalla Royalty Streaming is a good investment. Please check the relationship between Metalla Royalty Income Before Tax and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Metalla Royalty's Income Before Tax and Gross Profit is -0.45. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Metalla Royalty Streaming, assuming nothing else is changed. The correlation between historical values of Metalla Royalty's Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Metalla Royalty Streaming are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Metalla Royalty's Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Metalla Royalty income statement and is an important metric when analyzing Metalla Royalty Streaming profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Metalla Royalty Streaming minus its cost of goods sold. It is profit before Metalla Royalty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Metalla Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalla Royalty Streaming 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 Metalla Royalty Streaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At present, Metalla Royalty's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 213.6 M, whereas Tax Provision is forecasted to decline to about 35.8 K.
Metalla Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Metalla Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metalla Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 50.3M | 101.5M | 112.6M | 130.9M | 150.5M | 158.0M | |
Other Current Liab | 392.8K | 473.3K | 57.5K | 63.5K | 73.0K | 69.3K | |
Total Current Liabilities | 1.3M | 2.3M | 1.1M | 6.5M | 7.5M | 7.9M | |
Total Stockholder Equity | 45.2M | 80.4M | 100.6M | 118.6M | 136.3M | 143.2M | |
Property Plant And Equipment Net | 41.6M | 45.1M | 102.9M | 120.7M | 138.8M | 145.8M | |
Net Debt | (69.4K) | (6.7M) | 8.2M | 6.0M | 6.9M | 7.3M | |
Retained Earnings | (28.4M) | (44.5M) | (45.4M) | (56.3M) | (50.7M) | (48.2M) | |
Cash | 3.4M | 6.7M | 2.3M | 4.6M | 5.2M | 5.5M | |
Non Current Assets Total | 46.5M | 83.2M | 106.1M | 121.3M | 139.5M | 146.5M | |
Cash And Short Term Investments | 3.4M | 6.7M | 2.3M | 4.6M | 5.2M | 5.5M | |
Common Stock Shares Outstanding | 33.9M | 37.8M | 42.6M | 44.8M | 51.5M | 54.1M | |
Liabilities And Stockholders Equity | 47.1M | 50.3M | 112.6M | 130.9M | 150.5M | 158.0M | |
Other Current Assets | 216.7K | 2.4M | 2.9M | 1.3M | 1.5M | 1.6M | |
Total Liab | 5.1M | 6.8M | 12.1M | 12.3M | 14.2M | 14.9M | |
Property Plant And Equipment Gross | 62.4M | 69.6M | 111.5M | 134.8M | 155.0M | 162.8M | |
Total Current Assets | 3.8M | 13.1M | 6.5M | 9.6M | 11.0M | 11.6M | |
Accumulated Other Comprehensive Income | 5.5M | 7.1M | 12.1M | 13.2M | 15.2M | 15.9M | |
Short Long Term Debt Total | 3.3M | 3.1M | 10.5M | 10.6M | 12.2M | 12.8M | |
Non Current Liabilities Total | 3.8M | 3.9M | 11.0M | 5.8M | 6.7M | 7.0M | |
Short Term Debt | 138.8K | 2.1M | 2.8K | 5.2M | 6.0M | 6.3M | |
Common Stock | 66.5M | 124.9M | 133.9M | 161.7M | 186.0M | 195.2M | |
Accounts Payable | 937.6K | 1.8M | 1.0M | 1.2M | 1.4M | 1.5M | |
Net Receivables | 167.3K | 1.8M | 1.3M | 1.5M | 1.7M | 1.8M | |
Capital Surpluse | 6.4M | 7.4M | 9.2M | 11.2M | 12.9M | 7.0M | |
Property Plant Equipment | 13.6M | 45.0M | 3.7K | 63.7M | 73.3M | 77.0M | |
Other Liab | 145.2K | 506.3K | 511.4K | 468.1K | 538.3K | 565.2K | |
Net Tangible Assets | 59.2M | 48.1M | 74.4M | 100.6M | 115.6M | 121.4M | |
Long Term Debt | 4.6M | 3.1M | 10.5M | 5.3M | 6.1M | 3.9M | |
Long Term Investments | 2.2M | 2.0M | 1.3M | 595.0K | 684.2K | 650.0K | |
Net Invested Capital | 45.8M | 48.5M | 111.1M | 129.1M | 148.5M | 155.9M | |
Net Working Capital | 637.7K | 2.4M | 5.4M | 3.0M | 3.5M | 2.9M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Metalla Royalty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Metalla Royalty's short interest history, or implied volatility extrapolated from Metalla Royalty options trading.
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Is Metalla 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 Metalla Royalty. If investors know Metalla 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 Metalla Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 0.083 | Quarterly Revenue Growth 1.064 | Return On Assets (0.02) | Return On Equity (0.03) |
The market value of Metalla Royalty Streaming is measured differently than its book value, which is the value of Metalla that is recorded on the company's balance sheet. Investors also form their own opinion of Metalla Royalty's value that differs from its market value or its book value, called intrinsic value, which is Metalla 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 Metalla Royalty's market value can be influenced by many factors that don't directly affect Metalla 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 Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla 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.