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 DirectionNegative 
Relationship StrengthVery 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

0.130.891.01.00.61-0.970.831.00.00.830.980.83-0.10.951.00.930.91-0.180.780.970.921.00.920.950.96
0.130.010.090.14-0.42-0.170.540.10.480.540.270.17-0.630.10.20.33-0.02-0.630.110.070.410.110.450.110.01
0.890.010.90.880.59-0.830.740.890.110.740.850.510.080.840.890.80.820.030.520.830.80.90.770.80.8
1.00.090.91.00.64-0.960.81.00.00.80.970.81-0.040.950.990.910.92-0.130.770.960.921.00.910.940.95
1.00.140.881.00.58-0.970.831.0-0.010.830.970.84-0.140.940.990.940.89-0.230.770.970.921.00.930.960.96
0.61-0.420.590.640.58-0.570.220.65-0.130.220.590.410.620.750.570.350.840.570.740.540.460.610.290.460.56
-0.97-0.17-0.83-0.96-0.97-0.57-0.82-0.960.03-0.82-0.96-0.840.17-0.93-0.96-0.92-0.880.25-0.8-0.94-0.91-0.97-0.91-0.93-0.94
0.830.540.740.80.830.22-0.820.80.221.00.850.66-0.440.790.850.950.7-0.510.630.780.860.820.930.820.75
1.00.10.891.01.00.65-0.960.80.00.80.980.82-0.050.960.990.910.92-0.140.790.960.921.00.910.940.95
0.00.480.110.0-0.01-0.130.030.220.00.220.08-0.1-0.080.010.050.04-0.020.01-0.080.020.22-0.010.11-0.11-0.16
0.830.540.740.80.830.22-0.821.00.80.220.850.66-0.440.790.850.950.7-0.510.630.780.860.820.930.820.75
0.980.270.850.970.970.59-0.960.850.980.080.850.8-0.10.950.990.910.9-0.190.810.910.970.970.940.890.89
0.830.170.510.810.840.41-0.840.660.82-0.10.660.8-0.360.770.810.820.71-0.440.790.890.750.820.830.890.9
-0.1-0.630.08-0.04-0.140.620.17-0.44-0.05-0.08-0.44-0.1-0.360.03-0.12-0.40.170.980.03-0.2-0.17-0.09-0.41-0.3-0.2
0.950.10.840.950.940.75-0.930.790.960.010.790.950.770.030.940.870.99-0.050.90.90.870.950.830.880.9
1.00.20.890.990.990.57-0.960.850.990.050.850.990.81-0.120.940.940.89-0.210.770.950.950.990.950.930.93
0.930.330.80.910.940.35-0.920.950.910.040.950.910.82-0.40.870.940.79-0.480.70.930.880.930.970.960.92
0.91-0.020.820.920.890.84-0.880.70.92-0.020.70.90.710.170.990.890.790.090.90.850.80.910.730.820.85
-0.18-0.630.03-0.13-0.230.570.25-0.51-0.140.01-0.51-0.19-0.440.98-0.05-0.21-0.480.09-0.05-0.27-0.25-0.18-0.5-0.39-0.28
0.780.110.520.770.770.74-0.80.630.79-0.080.630.810.790.030.90.770.70.9-0.050.730.730.770.670.720.76
0.970.070.830.960.970.54-0.940.780.960.020.780.910.89-0.20.90.950.930.85-0.270.730.850.970.90.980.98
0.920.410.80.920.920.46-0.910.860.920.220.860.970.75-0.170.870.950.880.8-0.250.730.850.920.940.810.8
1.00.110.91.01.00.61-0.970.821.0-0.010.820.970.82-0.090.950.990.930.91-0.180.770.970.920.920.950.96
0.920.450.770.910.930.29-0.910.930.910.110.930.940.83-0.410.830.950.970.73-0.50.670.90.940.920.910.87
0.950.110.80.940.960.46-0.930.820.94-0.110.820.890.89-0.30.880.930.960.82-0.390.720.980.810.950.910.99
0.960.010.80.950.960.56-0.940.750.95-0.160.750.890.9-0.20.90.930.920.85-0.280.760.980.80.960.870.99
Click cells to compare fundamentals

Metalla Royalty Account Relationship Matchups

Metalla Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.3M101.5M112.6M130.9M150.5M158.0M
Other Current Liab392.8K473.3K57.5K63.5K73.0K69.3K
Total Current Liabilities1.3M2.3M1.1M6.5M7.5M7.9M
Total Stockholder Equity45.2M80.4M100.6M118.6M136.3M143.2M
Property Plant And Equipment Net41.6M45.1M102.9M120.7M138.8M145.8M
Net Debt(69.4K)(6.7M)8.2M6.0M6.9M7.3M
Retained Earnings(28.4M)(44.5M)(45.4M)(56.3M)(50.7M)(48.2M)
Cash3.4M6.7M2.3M4.6M5.2M5.5M
Non Current Assets Total46.5M83.2M106.1M121.3M139.5M146.5M
Cash And Short Term Investments3.4M6.7M2.3M4.6M5.2M5.5M
Common Stock Shares Outstanding33.9M37.8M42.6M44.8M51.5M54.1M
Liabilities And Stockholders Equity47.1M50.3M112.6M130.9M150.5M158.0M
Other Current Assets216.7K2.4M2.9M1.3M1.5M1.6M
Total Liab5.1M6.8M12.1M12.3M14.2M14.9M
Property Plant And Equipment Gross62.4M69.6M111.5M134.8M155.0M162.8M
Total Current Assets3.8M13.1M6.5M9.6M11.0M11.6M
Accumulated Other Comprehensive Income5.5M7.1M12.1M13.2M15.2M15.9M
Short Long Term Debt Total3.3M3.1M10.5M10.6M12.2M12.8M
Non Current Liabilities Total3.8M3.9M11.0M5.8M6.7M7.0M
Short Term Debt138.8K2.1M2.8K5.2M6.0M6.3M
Common Stock66.5M124.9M133.9M161.7M186.0M195.2M
Accounts Payable937.6K1.8M1.0M1.2M1.4M1.5M
Net Receivables167.3K1.8M1.3M1.5M1.7M1.8M
Capital Surpluse6.4M7.4M9.2M11.2M12.9M7.0M
Property Plant Equipment13.6M45.0M3.7K63.7M73.3M77.0M
Other Liab145.2K506.3K511.4K468.1K538.3K565.2K
Net Tangible Assets59.2M48.1M74.4M100.6M115.6M121.4M
Long Term Debt4.6M3.1M10.5M5.3M6.1M3.9M
Long Term Investments2.2M2.0M1.3M595.0K684.2K650.0K
Net Invested Capital45.8M48.5M111.1M129.1M148.5M155.9M
Net Working Capital637.7K2.4M5.4M3.0M3.5M2.9M
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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When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla 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 Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:
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.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Metalla Royalty's price analysis, check to measure Metalla 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 Metalla Royalty is operating at the current time. Most of Metalla Royalty's value examination focuses on studying past and present price action to predict the probability of Metalla 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 Metalla Royalty's price. Additionally, you may evaluate how the addition of Metalla Royalty to your portfolios can decrease your overall portfolio volatility.
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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.