Empyrean Cash vs Net Debt Analysis

EME Stock

0.12 0.01 7.69%

Empyrean Energy financial indicator trend analysis is much more than just examining Empyrean Energy Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empyrean Energy Plc is a good investment. Please check the relationship between Empyrean Energy Cash and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empyrean Energy Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Energy Plc Cash account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Empyrean Energy's Cash and Net Debt is -0.68. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Empyrean Energy Plc, assuming nothing else is changed. The correlation between historical values of Empyrean Energy's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Empyrean Energy Plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Empyrean Energy's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Empyrean Energy Plc, which is listed under current asset account on Empyrean Energy Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Empyrean Energy customers. The amounts must be unrestricted with restricted cash listed in a different Empyrean Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Empyrean Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empyrean Energy Plc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empyrean Energy Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Empyrean Energy's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4 M, whereas Discontinued Operations is forecasted to decline to about 62.4 K.

Empyrean Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Accounts Payable	Short Long Term Debt Total	Current Deferred Revenue	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.12	0.92	0.87	0.31	0.49	0.33	0.87	-0.35	0.33	-0.47	-0.44	0.56	0.7	0.78	0.38	-0.16	-0.46	-0.06	0.32	0.64	0.43	-0.24	0.77	0.44	-0.17
Total Current Liabilities	0.12		-0.22	0.25	0.52	-0.76	-0.09	0.17	0.41	-0.09	0.42	0.63	0.64	0.69	0.31	-0.07	0.31	0.75	-0.15	0.77	0.28	-0.23	-0.12	0.35	-0.06	-0.09
Total Stockholder Equity	0.92	-0.22		0.69	0.01	0.71	0.43	0.72	-0.46	0.43	-0.59	-0.61	0.4	0.37	0.57	0.5	-0.24	-0.68	0.07	-0.03	0.42	0.48	-0.24	0.52	0.57	-0.15
Property Plant And Equipment Net	0.87	0.25	0.69		0.69	0.27	-0.14	0.98	-0.1	-0.14	-0.2	-0.19	0.55	0.79	0.94	-0.1	-0.12	-0.24	-0.29	0.46	0.73	0.2	-0.26	0.85	-0.04	-0.14
Net Debt	0.31	0.52	0.01	0.69		-0.29	-0.68	0.69	0.26	-0.68	0.24	0.28	0.38	0.7	0.76	-0.65	0.09	0.3	-0.64	0.59	0.66	-0.19	-0.26	0.65	-0.6	-0.07
Retained Earnings	0.49	-0.76	0.71	0.27	-0.29		0.35	0.34	-0.65	0.35	-0.75	-0.88	-0.35	-0.12	0.15	0.34	-0.29	-0.96	0.14	-0.49	0.14	0.55	0.05	0.18	0.33	0.03
Cash	0.33	-0.09	0.43	-0.14	-0.68	0.35		-0.17	-0.42	1.0	-0.49	-0.4	0.08	0.01	-0.18	0.98	-0.05	-0.34	0.51	-0.05	-0.13	0.43	0.21	0.0	0.91	-0.14
Non Current Assets Total	0.87	0.17	0.72	0.98	0.69	0.34	-0.17		-0.2	-0.17	-0.29	-0.29	0.5	0.75	0.91	-0.13	-0.14	-0.33	-0.36	0.39	0.78	0.25	-0.3	0.84	-0.05	-0.14
Non Currrent Assets Other	-0.35	0.41	-0.46	-0.1	0.26	-0.65	-0.42	-0.2		-0.42	0.97	0.87	0.23	0.01	-0.01	-0.33	0.14	0.76	0.13	0.19	-0.41	-0.75	-0.14	-0.29	-0.28	0.1
Cash And Short Term Investments	0.33	-0.09	0.43	-0.14	-0.68	0.35	1.0	-0.17	-0.42		-0.49	-0.4	0.08	0.01	-0.18	0.98	-0.05	-0.34	0.51	-0.05	-0.13	0.43	0.21	0.0	0.91	-0.14
Common Stock Total Equity	-0.47	0.42	-0.59	-0.2	0.24	-0.75	-0.49	-0.29	0.97	-0.49		0.92	0.19	-0.06	-0.09	-0.41	0.2	0.84	0.07	0.23	-0.4	-0.79	-0.18	-0.32	-0.37	0.12
Common Stock Shares Outstanding	-0.44	0.63	-0.61	-0.19	0.28	-0.88	-0.4	-0.29	0.87	-0.4	0.92		0.31	0.05	-0.11	-0.35	0.28	0.95	-0.04	0.35	-0.27	-0.79	-0.2	-0.21	-0.31	-0.02
Other Stockholder Equity	0.56	0.64	0.4	0.55	0.38	-0.35	0.08	0.5	0.23	0.08	0.19	0.31		0.6	0.53	0.19	-0.12	0.32	-0.08	0.55	0.37	-0.07	-0.35	0.43	0.3	-0.23
Total Liab	0.7	0.69	0.37	0.79	0.7	-0.12	0.01	0.75	0.01	0.01	-0.06	0.05	0.6		0.82	0.02	0.09	0.14	-0.26	0.81	0.73	0.16	-0.14	0.86	0.02	-0.14
Property Plant And Equipment Gross	0.78	0.31	0.57	0.94	0.76	0.15	-0.18	0.91	-0.01	-0.18	-0.09	-0.11	0.53	0.82		-0.13	-0.01	-0.1	-0.45	0.61	0.75	0.11	-0.29	0.85	-0.07	-0.17
Total Current Assets	0.38	-0.07	0.5	-0.1	-0.65	0.34	0.98	-0.13	-0.33	0.98	-0.41	-0.35	0.19	0.02	-0.13		-0.06	-0.31	0.55	-0.08	-0.17	0.4	0.09	-0.03	0.97	-0.09
Intangible Assets	-0.16	0.31	-0.24	-0.12	0.09	-0.29	-0.05	-0.14	0.14	-0.05	0.2	0.28	-0.12	0.09	-0.01	-0.06		0.35	-0.12	0.24	-0.08	-0.12	-0.05	-0.04	-0.06	-0.04
Common Stock	-0.46	0.75	-0.68	-0.24	0.3	-0.96	-0.34	-0.33	0.76	-0.34	0.84	0.95	0.32	0.14	-0.1	-0.31	0.35		-0.11	0.5	-0.19	-0.65	-0.16	-0.17	-0.29	-0.01
Other Current Liab	-0.06	-0.15	0.07	-0.29	-0.64	0.14	0.51	-0.36	0.13	0.51	0.07	-0.04	-0.08	-0.26	-0.45	0.55	-0.12	-0.11		-0.33	-0.66	0.18	0.31	-0.43	0.47	0.42
Accounts Payable	0.32	0.77	-0.03	0.46	0.59	-0.49	-0.05	0.39	0.19	-0.05	0.23	0.35	0.55	0.81	0.61	-0.08	0.24	0.5	-0.33		0.59	-0.1	-0.14	0.67	-0.09	-0.17
Short Long Term Debt Total	0.64	0.28	0.42	0.73	0.66	0.14	-0.13	0.78	-0.41	-0.13	-0.4	-0.27	0.37	0.73	0.75	-0.17	-0.08	-0.19	-0.66	0.59		0.19	-0.29	0.91	-0.13	-0.3
Current Deferred Revenue	0.43	-0.23	0.48	0.2	-0.19	0.55	0.43	0.25	-0.75	0.43	-0.79	-0.79	-0.07	0.16	0.11	0.4	-0.12	-0.65	0.18	-0.1	0.19		0.22	0.22	0.34	0.2
Net Receivables	-0.24	-0.12	-0.24	-0.26	-0.26	0.05	0.21	-0.3	-0.14	0.21	-0.18	-0.2	-0.35	-0.14	-0.29	0.09	-0.05	-0.16	0.31	-0.14	-0.29	0.22		-0.22	-0.12	-0.08
Non Current Liabilities Total	0.77	0.35	0.52	0.85	0.65	0.18	0.0	0.84	-0.29	0.0	-0.32	-0.21	0.43	0.86	0.85	-0.03	-0.04	-0.17	-0.43	0.67	0.91	0.22	-0.22		-0.02	-0.23
Inventory	0.44	-0.06	0.57	-0.04	-0.6	0.33	0.91	-0.05	-0.28	0.91	-0.37	-0.31	0.3	0.02	-0.07	0.97	-0.06	-0.29	0.47	-0.09	-0.13	0.34	-0.12	-0.02		-0.11
Other Current Assets	-0.17	-0.09	-0.15	-0.14	-0.07	0.03	-0.14	-0.14	0.1	-0.14	0.12	-0.02	-0.23	-0.14	-0.17	-0.09	-0.04	-0.01	0.42	-0.17	-0.3	0.2	-0.08	-0.23	-0.11

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Empyrean Energy Account Relationship Matchups

Empyrean Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Net Debt	(332K)	(189K)	4.0M	4.1M	6.6M	6.9M
Non Currrent Assets Other	2.6M	3.2M	3.2M	4.4M	5.1M	5.3M
Common Stock Total Equity	1.2M	1.2M	1.3M	1.4M	1.6M	1.7M
Common Stock Shares Outstanding	438.0M	479.5M	565.9M	768.0M	883.2M	927.3M
Other Stockholder Equity	26.6M	28.0M	29.9M	41.9M	47.0M	35.8M
Property Plant And Equipment Gross	9.6M	14.6M	24.9M	10.6M	12.2M	15.5M
Accumulated Other Comprehensive Income	153.0	487.0	576.0	73.0	83.95	88.15
Other Current Assets	37K	364.0	6.0	36K	17K	16.2K
Net Tangible Assets	13.3M	14.4M	18.7M	2.3M	2.1M	2.0M
Property Plant Equipment	9.6M	14.6M	24.9M	10.6M	9.6M	14.8M
Net Invested Capital	13.3M	14.4M	22.8M	6.4M	7.3M	14.1M
Net Working Capital	(666K)	(234K)	(6.2M)	(8.3M)	(7.5M)	(7.1M)
Capital Stock	1.3M	1.4M	1.8M	2.2M	2.5M	1.7M

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Other Information on Investing in Empyrean Stock

Balance Sheet is a snapshot of the financial position of Empyrean Energy Plc at a specified time, usually calculated after every quarter, six months, or one year. Empyrean Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Empyrean Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Empyrean currently owns. An asset can also be divided into two categories, current and non-current.

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Empyrean Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Empyrean Energy fundamental ratios Correlations

Empyrean Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Empyrean Energy fundamental ratios Accounts

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Other Information on Investing in Empyrean Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Common Stock Total Equity	+ 0.97	Non Currrent Assets Other
Inventory	+ 0.97	Total Current Assets

Common Stock	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Current Deferred Revenue	- 0.79	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.79	Common Stock Total Equity
Retained Earnings	- 0.76	Total Current Liabilities
Current Deferred Revenue	- 0.75	Non Currrent Assets Other