Transition Metals Corp Stock Current Liabilities

XTM Stock  CAD 0.05  0.01  11.11%   
Transition Metals Corp fundamentals help investors to digest information that contributes to Transition Metals' financial success or failures. It also enables traders to predict the movement of Transition Stock. The fundamental analysis module provides a way to measure Transition Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Transition Metals stock.
Total Current Liabilities is likely to drop to about 294.5 K in 2024.
  
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Transition Metals Corp Company Current Liabilities Analysis

Transition Metals' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Transition Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Transition Metals is extremely important. It helps to project a fair market value of Transition Stock properly, considering its historical fundamentals such as Current Liabilities. Since Transition Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Transition Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Transition Metals' interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Transition Total Current Liabilities

Total Current Liabilities

294,471

At this time, Transition Metals' Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Transition Metals Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

Transition Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Transition Metals' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Transition Metals could also be used in its relative valuation, which is a method of valuing Transition Metals by comparing valuation metrics of similar companies.
Transition Metals is currently under evaluation in current liabilities category among its peers.

Transition Metals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Transition Metals from analyzing Transition Metals' financial statements. These drivers represent accounts that assess Transition Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Transition Metals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap8.5M10.7M5.1M5.4M4.8M5.2M
Enterprise Value6.9M7.9M3.7M4.0M3.6M4.0M

Transition Fundamentals

About Transition Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Transition Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transition Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Transition Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Transition Stock Analysis

When running Transition Metals' price analysis, check to measure Transition Metals' 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 Transition Metals is operating at the current time. Most of Transition Metals' value examination focuses on studying past and present price action to predict the probability of Transition Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transition Metals' price. Additionally, you may evaluate how the addition of Transition Metals to your portfolios can decrease your overall portfolio volatility.