Tectonic Capex To Depreciation vs Book Value Per Share Analysis

TECT Stock

CAD 0.05 0.01 11.11%

Tectonic Metals financial indicator trend analysis is much more than just breaking down Tectonic Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tectonic Metals is a good investment. Please check the relationship between Tectonic Metals Capex To Depreciation and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Metals. 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.

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Metals Capex To Depreciation account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tectonic Metals' Capex To Depreciation and Book Value Per Share is -0.11. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Tectonic Metals, assuming nothing else is changed. The correlation between historical values of Tectonic Metals' Capex To Depreciation and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Tectonic Metals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Depreciation i.e., Tectonic Metals' Capex To Depreciation and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

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.

Most indicators from Tectonic Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tectonic Metals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Metals. 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.

Enterprise Value is likely to climb to about 26.1 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	37.1K	14.7K	16.9K	32.0K
Total Operating Expenses	3.7M	9.5M	11.0M	6.8M

Reconciled Depreciation Total Operating Expenses

Tectonic Metals fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Inventory	Property Plant And Equipment Gross
Total Current Liabilities		0.73	-0.91	1.0	0.98	0.88	0.75	0.95	0.76	0.64	0.23	-0.61	-0.09	0.29	0.84	0.29	0.91	0.98	0.23	0.86	-0.28	-0.01	-0.63	0.27	-0.71	0.85
Net Tangible Assets	0.73		-0.81	0.72	0.76	0.73	1.0	0.82	0.91	0.77	0.54	-0.17	-0.44	0.56	0.73	0.56	0.63	0.67	0.54	0.78	0.18	0.43	-0.74	0.64	-0.34	0.71
Retained Earnings	-0.91	-0.81		-0.91	-0.9	-0.97	-0.8	-0.98	-0.89	-0.65	-0.27	0.38	0.12	-0.28	-0.91	-0.28	-0.91	-0.88	-0.27	-0.96	0.21	-0.17	0.76	-0.54	0.53	-0.93
Accounts Payable	1.0	0.72	-0.91		0.99	0.88	0.74	0.94	0.75	0.64	0.23	-0.63	-0.09	0.29	0.83	0.29	0.91	0.99	0.23	0.86	-0.28	-0.04	-0.61	0.25	-0.72	0.84
Other Current Assets	0.98	0.76	-0.9	0.99		0.88	0.79	0.94	0.74	0.69	0.31	-0.65	-0.18	0.37	0.81	0.37	0.92	0.97	0.31	0.85	-0.19	-0.08	-0.57	0.21	-0.72	0.83
Other Stockholder Equity	0.88	0.73	-0.97	0.88	0.88		0.72	0.97	0.79	0.68	0.35	-0.44	-0.17	0.35	0.87	0.35	0.96	0.88	0.35	0.93	-0.17	0.09	-0.75	0.45	-0.65	0.91
Total Current Assets	0.75	1.0	-0.8	0.74	0.79	0.72		0.82	0.89	0.78	0.56	-0.2	-0.47	0.59	0.71	0.59	0.63	0.68	0.56	0.77	0.19	0.4	-0.72	0.6	-0.36	0.7
Common Stock	0.95	0.82	-0.98	0.94	0.94	0.97	0.82		0.88	0.67	0.31	-0.43	-0.14	0.33	0.89	0.33	0.93	0.92	0.31	0.93	-0.22	0.16	-0.79	0.49	-0.66	0.91
Property Plant Equipment	0.76	0.91	-0.89	0.75	0.74	0.79	0.89	0.88		0.55	0.24	-0.05	-0.1	0.24	0.8	0.24	0.67	0.68	0.24	0.86	-0.17	0.47	-0.83	0.74	-0.34	0.8
Total Assets	0.64	0.77	-0.65	0.64	0.69	0.68	0.78	0.67	0.55		0.86	-0.47	-0.74	0.88	0.71	0.88	0.67	0.67	0.86	0.71	0.5	0.26	-0.58	0.41	-0.41	0.7
Total Stockholder Equity	0.23	0.54	-0.27	0.23	0.31	0.35	0.56	0.31	0.24	0.86		-0.2	-0.94	0.99	0.29	0.99	0.32	0.27	1.0	0.3	0.83	0.38	-0.45	0.35	-0.26	0.29
Property Plant And Equipment Net	-0.61	-0.17	0.38	-0.63	-0.65	-0.44	-0.2	-0.43	-0.05	-0.47	-0.2		0.12	-0.28	-0.47	-0.28	-0.66	-0.72	-0.2	-0.38	0.11	0.53	0.0	0.4	0.64	-0.49
Net Debt	-0.09	-0.44	0.12	-0.09	-0.18	-0.17	-0.47	-0.14	-0.1	-0.74	-0.94	0.12		-0.95	-0.09	-0.95	-0.13	-0.12	-0.94	-0.13	-0.92	-0.34	0.28	-0.28	0.06	-0.08
Cash	0.29	0.56	-0.28	0.29	0.37	0.35	0.59	0.33	0.24	0.88	0.99	-0.28	-0.95		0.31	1.0	0.33	0.32	0.99	0.32	0.82	0.31	-0.4	0.29	-0.26	0.3
Non Current Assets Total	0.84	0.73	-0.91	0.83	0.81	0.87	0.71	0.89	0.8	0.71	0.29	-0.47	-0.09	0.31		0.31	0.87	0.85	0.29	0.97	-0.19	0.19	-0.69	0.5	-0.46	1.0
Cash And Short Term Investments	0.29	0.56	-0.28	0.29	0.37	0.35	0.59	0.33	0.24	0.88	0.99	-0.28	-0.95	1.0	0.31		0.33	0.32	0.99	0.32	0.82	0.31	-0.4	0.29	-0.26	0.3
Common Stock Shares Outstanding	0.91	0.63	-0.91	0.91	0.92	0.96	0.63	0.93	0.67	0.67	0.32	-0.66	-0.13	0.33	0.87	0.33		0.94	0.32	0.88	-0.22	-0.08	-0.63	0.25	-0.76	0.9
Total Liab	0.98	0.67	-0.88	0.99	0.97	0.88	0.68	0.92	0.68	0.67	0.27	-0.72	-0.12	0.32	0.85	0.32	0.94		0.27	0.84	-0.25	-0.07	-0.59	0.2	-0.77	0.86
Net Invested Capital	0.23	0.54	-0.27	0.23	0.31	0.35	0.56	0.31	0.24	0.86	1.0	-0.2	-0.94	0.99	0.29	0.99	0.32	0.27		0.3	0.83	0.38	-0.45	0.35	-0.26	0.29
Capital Stock	0.86	0.78	-0.96	0.86	0.85	0.93	0.77	0.93	0.86	0.71	0.3	-0.38	-0.13	0.32	0.97	0.32	0.88	0.84	0.3		-0.17	0.16	-0.7	0.53	-0.43	0.97
Net Working Capital	-0.28	0.18	0.21	-0.28	-0.19	-0.17	0.19	-0.22	-0.17	0.5	0.83	0.11	-0.92	0.82	-0.19	0.82	-0.22	-0.25	0.83	-0.17		0.33	-0.02	0.17	0.25	-0.21
Short Long Term Debt Total	-0.01	0.43	-0.17	-0.04	-0.08	0.09	0.4	0.16	0.47	0.26	0.38	0.53	-0.34	0.31	0.19	0.31	-0.08	-0.07	0.38	0.16	0.33		-0.7	0.89	0.14	0.14
Other Current Liab	-0.63	-0.74	0.76	-0.61	-0.57	-0.75	-0.72	-0.79	-0.83	-0.58	-0.45	0.0	0.28	-0.4	-0.69	-0.4	-0.63	-0.59	-0.45	-0.7	-0.02	-0.7		-0.84	0.49	-0.69
Current Deferred Revenue	0.27	0.64	-0.54	0.25	0.21	0.45	0.6	0.49	0.74	0.41	0.35	0.4	-0.28	0.29	0.5	0.29	0.25	0.2	0.35	0.53	0.17	0.89	-0.84		0.06	0.48
Inventory	-0.71	-0.34	0.53	-0.72	-0.72	-0.65	-0.36	-0.66	-0.34	-0.41	-0.26	0.64	0.06	-0.26	-0.46	-0.26	-0.76	-0.77	-0.26	-0.43	0.25	0.14	0.49	0.06		-0.49
Property Plant And Equipment Gross	0.85	0.71	-0.93	0.84	0.83	0.91	0.7	0.91	0.8	0.7	0.29	-0.49	-0.08	0.3	1.0	0.3	0.9	0.86	0.29	0.97	-0.21	0.14	-0.69	0.48	-0.49

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Tectonic Metals Account Relationship Matchups

Tectonic Metals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	267.9K	325.9K	418.7K	748.6K	860.9K	903.9K
Net Tangible Assets	1.9M	3.8M	1.6M	3.0M	3.4M	2.4M
Retained Earnings	(15.8M)	(25.2M)	(29.2M)	(38.8M)	(34.9M)	(33.2M)
Accounts Payable	243.0K	298.0K	408.8K	748.6K	860.9K	903.9K
Other Current Assets	92.8K	65.1K	205.3K	334.2K	384.3K	403.5K
Total Current Assets	3.5M	1.2M	2.8M	2.7M	3.2M	2.3M
Common Stock	17.7M	23.7M	27.3M	34.2M	39.3M	41.2M
Property Plant Equipment	424.8K	628.6K	752.3K	605.5K	696.4K	524.8K
Total Assets	4.2M	1.9M	3.4M	3.7M	4.3M	3.3M
Total Stockholder Equity	3.8M	1.6M	3.0M	2.6M	3.0M	2.8M
Property Plant And Equipment Net	628.6K	752.3K	605.5K	8.1K	7.3K	6.9K
Net Debt	(3.4M)	(1.0M)	(2.5M)	(2.4M)	(2.1M)	(2.3M)
Cash	3.4M	1.1M	2.6M	2.4M	2.7M	2.4M
Non Current Assets Total	628.6K	752.3K	605.5K	999.9K	1.1M	697.4K
Cash And Short Term Investments	3.4M	1.1M	2.6M	2.4M	2.7M	2.4M
Net Receivables	8.4K	16.1K	6.3K	29.8K	26.9K	16.1K
Common Stock Shares Outstanding	75.1M	127.5M	188.8M	275.0M	316.2M	332.0M
Liabilities And Stockholders Equity	4.2M	1.9M	3.4M	3.7M	4.3M	3.3M
Total Liab	305.6K	335.8K	418.7K	1.1M	1.3M	1.3M
Net Invested Capital	3.8M	1.6M	3.0M	2.6M	3.0M	2.8M
Capital Stock	17.7M	23.7M	27.3M	34.2M	39.3M	22.4M
Net Working Capital	3.3M	829.4K	2.3M	2.0M	1.8M	1.6M
Property Plant And Equipment Gross	660.7K	853.2K	743.5K	1.1M	1.3M	842.5K
Accumulated Other Comprehensive Income	2.0M	3.1M	4.8M	7.3M	8.4M	8.8M

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