Methanex Book Value Per Share vs Capex To Depreciation Analysis

MX Stock  CAD 69.48  0.41  0.59%   
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 Book Value Per Share and its Capex To Depreciation 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.

Book Value Per Share vs Capex To Depreciation

Book Value Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Methanex's Book Value Per Share and Capex To Depreciation is 0.25. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Methanex are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Methanex's Book Value Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.At this time, Methanex's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 7th of June 2024, Enterprise Value is likely to grow to about 6 B, while Selling General Administrative is likely to drop about 218.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B865.1M655.4M561.5M
Total Revenue4.4B4.3B3.7B2.3B

Methanex fundamental ratios Correlations

0.720.590.650.830.980.770.890.710.580.820.450.560.770.190.930.920.06-0.530.840.650.85-0.780.25-0.18-0.29
0.720.070.810.490.720.880.510.80.450.930.230.750.350.00.770.59-0.32-0.490.970.910.57-0.540.1-0.68-0.73
0.590.070.10.540.50.310.560.190.550.240.540.120.750.320.530.620.41-0.360.290.030.69-0.530.160.420.36
0.650.810.10.650.630.590.650.910.320.870.070.680.490.250.490.70.06-0.360.830.850.56-0.650.42-0.54-0.59
0.830.490.540.650.790.430.980.740.490.70.410.510.820.520.60.850.19-0.360.620.570.78-0.840.250.1-0.04
0.980.720.50.630.790.810.870.670.420.840.40.450.740.130.930.870.04-0.50.830.650.73-0.750.27-0.24-0.34
0.770.880.310.590.430.810.490.580.320.870.40.430.45-0.10.880.59-0.15-0.530.910.740.5-0.510.13-0.57-0.6
0.890.510.560.650.980.870.490.710.450.710.360.460.850.440.680.890.2-0.410.640.550.78-0.840.30.07-0.06
0.710.80.190.910.740.670.580.710.490.850.160.770.60.390.570.77-0.04-0.290.840.860.7-0.760.26-0.44-0.51
0.580.450.550.320.490.420.320.450.490.340.410.810.40.290.560.57-0.1-0.30.490.340.89-0.490.040.06-0.01
0.820.930.240.870.70.840.870.710.850.340.270.610.590.210.770.71-0.11-0.530.970.880.59-0.730.2-0.51-0.57
0.450.230.540.070.410.40.40.360.160.410.270.170.24-0.150.450.420.27-0.120.290.310.44-0.140.05-0.02-0.16
0.560.750.120.680.510.450.430.460.770.810.610.170.280.240.510.54-0.32-0.330.710.70.75-0.510.04-0.35-0.42
0.770.350.750.490.820.740.450.850.60.40.590.240.280.590.620.80.3-0.510.560.340.74-0.90.20.20.15
0.190.00.320.250.520.13-0.10.440.390.290.21-0.150.240.59-0.010.240.15-0.070.14-0.020.38-0.730.150.490.49
0.930.770.530.490.60.930.880.680.570.560.770.450.510.62-0.010.76-0.11-0.560.850.610.75-0.630.11-0.3-0.37
0.920.590.620.70.850.870.590.890.770.570.710.420.540.80.240.760.28-0.350.720.630.87-0.760.43-0.16-0.27
0.06-0.320.410.060.190.04-0.150.2-0.04-0.1-0.110.27-0.320.30.15-0.110.280.0-0.16-0.220.1-0.160.650.20.19
-0.53-0.49-0.36-0.36-0.36-0.5-0.53-0.41-0.29-0.3-0.53-0.12-0.33-0.51-0.07-0.56-0.350.0-0.56-0.34-0.440.460.180.110.13
0.840.970.290.830.620.830.910.640.840.490.970.290.710.560.140.850.72-0.16-0.560.870.68-0.70.18-0.55-0.6
0.650.910.030.850.570.650.740.550.860.340.880.310.70.34-0.020.610.63-0.22-0.340.870.51-0.460.09-0.68-0.77
0.850.570.690.560.780.730.50.780.70.890.590.440.750.740.380.750.870.1-0.440.680.51-0.760.220.01-0.09
-0.78-0.54-0.53-0.65-0.84-0.75-0.51-0.84-0.76-0.49-0.73-0.14-0.51-0.9-0.73-0.63-0.76-0.160.46-0.7-0.46-0.76-0.3-0.06-0.01
0.250.10.160.420.250.270.130.30.260.040.20.050.040.20.150.110.430.650.180.180.090.22-0.3-0.19-0.17
-0.18-0.680.42-0.540.1-0.24-0.570.07-0.440.06-0.51-0.02-0.350.20.49-0.3-0.160.20.11-0.55-0.680.01-0.06-0.190.98
-0.29-0.730.36-0.59-0.04-0.34-0.6-0.06-0.51-0.01-0.57-0.16-0.420.150.49-0.37-0.270.190.13-0.6-0.77-0.09-0.01-0.170.98
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 Total2.5B3.1B2.9B3.0B3.5B3.6B
Other Current Liab520.0M628.1M853.1M818.7M95.0M90.2M
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 Debt2.1B2.3B1.9B2.2B1.7B1.8B
Retained Earnings1.0B843.6M1.3B1.5B1.5B792.7M
Accounts Payable493.8M601.0M836.0M789.2M907.6M953.0M
Cash416.8M833.8M932.1M857.7M458.0M431.9M
Non Current Assets Total4.0B4.1B4.1B4.8B4.9B5.2B
Non Currrent Assets Other82.8M92.5M99.2M356.4M27.8M26.4M
Cash And Short Term Investments416.8M833.8M932.1M857.7M986.4M1.0B
Net Receivables488.7M412M551.4M500.9M431.6M366.1M
Common Stock Shares Outstanding76.7M76.2M76.2M71.7M67.4M93.7M
Liabilities And Stockholders Equity5.2B5.7B6.1B6.6B7.6B8.0B
Non Current Liabilities Total2.9B3.5B3.2B3.3B3.0B1.5B
Inventory281.1M308.7M459.6M439.8M426.8M231.1M
Other Current Assets8.2M6.6M9.8M39.3M(7K)(6.7K)
Other Stockholder Equity(150.4M)1.9M1.9M1.9M1.7M1.6M
Total Liab3.6B4.3B4.1B4.2B4.3B4.5B
Property Plant And Equipment Gross3.6B3.7B6.8B7.6B7.9B8.3B
Total Current Assets1.2B1.6B2.0B1.9B1.5B1.1B
Accumulated Other Comprehensive Income(150.4M)(137.1M)(2.7M)241.9M278.2M292.1M
Short Term Debt128.2M137.3M110.1M123.9M142.4M108.2M
Common Stock Total Equity480.3M446.5M440.5M440.7M396.7M385.2M
Common Stock442.3M440.7M432.7M401.3M361.2M376.7M
Other Liab558.9M540.9M406.5M361.6M415.8M538.8M
Net Tangible Assets1.3B1.1B1.7B2.1B1.9B1.3B
Other Assets194.4M230.1M197.4M378.8M435.6M457.4M
Long Term Debt1.7B2.3B2.1B2.1B1.8B1.8B
Long Term Investments193.5M194.0M217.3M197.1M189.9M163.0M
Short Long Term Debt38.4M39.8M11.8M15.1M314.7M171.4M
Property Plant Equipment3.6B3.7B3.7B4.2B4.8B3.6B
Long Term Debt Total2.4B2.9B2.8B2.9B3.3B2.3B
Capital Surpluse1.8M1.9M1.9M1.9M1.7M1.6M
Non Current Liabilities Other286.1M327.5M193.7M134.6M154.9M225.1M
Cash And Equivalents416.8M833.8M932.1M857.7M986.4M612.2M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Methanex Stock

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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.