Triple Free Cash Flow Yield vs Days Sales Outstanding Analysis

TFPM Stock   23.22  0.05  0.21%   
Triple Flag financial indicator trend analysis is much more than just breaking down Triple Flag Precious prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triple Flag Precious is a good investment. Please check the relationship between Triple Flag Free Cash Flow Yield and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Days Sales Outstanding

Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triple Flag Precious Free Cash Flow Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Triple Flag's Free Cash Flow Yield and Days Sales Outstanding is -0.5. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Triple Flag Precious, assuming nothing else is changed. The correlation between historical values of Triple Flag's Free Cash Flow Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Triple Flag Precious are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Yield i.e., Triple Flag's Free Cash Flow Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Days Sales Outstanding

Most indicators from Triple Flag's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triple Flag Precious 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 Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Triple Flag's Discontinued Operations is very stable compared to the past year. As of the 2nd of December 2024, Enterprise Value Over EBITDA is likely to grow to 25.45, while Selling General Administrative is likely to drop about 10.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit83.3M87.0M102.1M58.5M
Total Revenue150.4M151.9M204.0M119.8M

Triple Flag fundamental ratios Correlations

-0.660.79-0.760.931.0-0.690.70.721.00.70.820.90.67-0.620.88-0.77-0.80.990.980.840.010.310.980.890.24
-0.66-0.610.86-0.76-0.650.99-0.57-0.7-0.65-0.49-0.72-0.77-0.770.99-0.720.870.75-0.76-0.77-0.620.120.05-0.66-0.78-0.11
0.79-0.61-0.560.890.78-0.620.680.570.780.920.650.750.54-0.510.7-0.59-0.60.770.750.73-0.210.010.720.80.36
-0.760.86-0.56-0.8-0.750.86-0.45-0.64-0.75-0.49-0.75-0.91-0.690.85-0.81.00.79-0.83-0.84-0.63-0.24-0.45-0.77-0.64-0.23
0.93-0.760.89-0.80.93-0.780.750.710.930.830.80.890.69-0.690.86-0.82-0.850.930.930.81-0.060.240.920.860.25
1.0-0.650.78-0.750.93-0.680.70.711.00.70.810.90.66-0.620.88-0.77-0.80.990.980.840.010.310.990.880.23
-0.690.99-0.620.86-0.78-0.68-0.61-0.77-0.68-0.47-0.78-0.78-0.820.99-0.770.870.76-0.79-0.8-0.610.170.04-0.7-0.81-0.15
0.7-0.570.68-0.450.750.7-0.610.720.70.620.60.450.59-0.520.57-0.46-0.810.680.690.51-0.6-0.130.750.760.22
0.72-0.70.57-0.640.710.71-0.770.720.710.310.950.640.97-0.690.89-0.65-0.670.750.810.34-0.450.020.780.770.38
1.0-0.650.78-0.750.931.0-0.680.70.710.70.80.90.65-0.610.87-0.76-0.80.990.970.850.010.30.980.890.23
0.7-0.490.92-0.490.830.7-0.470.620.310.70.40.650.27-0.380.48-0.51-0.630.670.620.74-0.040.070.630.680.3
0.82-0.720.65-0.750.80.81-0.780.60.950.80.40.80.96-0.70.98-0.76-0.670.850.890.48-0.20.220.840.770.37
0.9-0.770.75-0.910.890.9-0.780.450.640.90.650.80.67-0.740.88-0.92-0.710.940.930.80.250.420.860.780.27
0.67-0.770.54-0.690.690.66-0.820.590.970.650.270.960.67-0.760.9-0.69-0.620.720.780.33-0.350.00.720.740.35
-0.620.99-0.510.85-0.69-0.620.99-0.52-0.69-0.61-0.38-0.7-0.74-0.76-0.70.850.71-0.73-0.75-0.590.10.06-0.63-0.75-0.07
0.88-0.720.7-0.80.860.88-0.770.570.890.870.480.980.880.9-0.7-0.81-0.690.910.940.6-0.070.30.890.80.31
-0.770.87-0.591.0-0.82-0.770.87-0.46-0.65-0.76-0.51-0.76-0.92-0.690.85-0.810.8-0.84-0.85-0.64-0.22-0.45-0.78-0.66-0.24
-0.80.75-0.60.79-0.85-0.80.76-0.81-0.67-0.8-0.63-0.67-0.71-0.620.71-0.690.8-0.82-0.83-0.630.09-0.23-0.86-0.75-0.24
0.99-0.760.77-0.830.930.99-0.790.680.750.990.670.850.940.72-0.730.91-0.84-0.820.990.840.020.270.970.910.22
0.98-0.770.75-0.840.930.98-0.80.690.810.970.620.890.930.78-0.750.94-0.85-0.830.990.79-0.020.280.980.890.23
0.84-0.620.73-0.630.810.84-0.610.510.340.850.740.480.80.33-0.590.6-0.64-0.630.840.790.170.130.770.79-0.15
0.010.12-0.21-0.24-0.060.010.17-0.6-0.450.01-0.04-0.20.25-0.350.1-0.07-0.220.090.02-0.020.170.67-0.05-0.28-0.1
0.310.050.01-0.450.240.310.04-0.130.020.30.070.220.420.00.060.3-0.45-0.230.270.280.130.670.33-0.150.16
0.98-0.660.72-0.770.920.99-0.70.750.780.980.630.840.860.72-0.630.89-0.78-0.860.970.980.77-0.050.330.860.24
0.89-0.780.8-0.640.860.88-0.810.760.770.890.680.770.780.74-0.750.8-0.66-0.750.910.890.79-0.28-0.150.860.23
0.24-0.110.36-0.230.250.23-0.150.220.380.230.30.370.270.35-0.070.31-0.24-0.240.220.23-0.15-0.10.160.240.23
Click cells to compare fundamentals

Triple Flag Account Relationship Matchups

Triple Flag fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets658.0M1.3B1.3B1.3B1.9B1.1B
Short Long Term Debt Total58.6M276.4M1.1M1.9M59.1M56.2M
Other Current Liab2.9M3.1M4.9M11.3M16.3M17.1M
Total Current Liabilities3.8M4.1M5.3M12.6M17.3M16.4M
Total Stockholder Equity593.6M1.0B1.3B1.3B1.8B1.9B
Property Plant And Equipment Net607.5M1.2B1.2B1.2B1.8B994.9M
Net Debt47.8M255.7M(39.5M)(69.2M)41.8M39.7M
Retained Earnings(45.5M)10.0M40.3M63.7M46.8M49.2M
Cash10.8M20.6M40.7M71.1M17.4M23.9M
Non Current Assets Total613.3M1.2B1.2B1.2B1.8B1.0B
Non Currrent Assets Other5.7M9.9M1.8M13.5M55.0M57.8M
Cash And Short Term Investments29.7M38.5M51.3M76.5M31.3M36.8M
Liabilities And Stockholders Equity658.0M1.3B1.3B1.3B1.9B1.1B
Other Current Assets2.2M1.4M3.6M5.8M1.2M2.2M
Total Liab64.3M282.0M8.8M18.6M83.7M128.8M
Total Current Assets44.6M58.6M72.4M90.6M57.0M53.4M
Intangible Assets125.3K95K65K35K31.5K29.9K
Common Stock639.2M1.0B1.3B1.3B1.7B876.2M
Net Tangible Assets593.6M1.0B1.3B1.3B1.5B849.4M
Net Receivables10.7M10.1M16.1M8.3M23.1M13.5M
Short Term Investments18.9M17.9M10.7M5.4M13.9M10.8M
Inventory2.1M8.5M1.4M0.01.4M2.1M
Property Plant Equipment607.5M1.2B1.2B1.2B1.4B955.6M
Other Liab2.2M1.4M3.5M4.3M5.0M2.7M
Accounts Payable674K775K147K1.0M628K697.8K
Other Assets5.8M11.9M4.4M16.2M18.6M19.5M
Non Current Liabilities Total60.5M277.9M3.5M6.0M66.4M71.2M
Capital Lease Obligations1.6M1.4M1.1M1.9M2.1M1.5M
Deferred Long Term Liab2.9M4.1M1.8M2.4M2.8M2.8M
Net Invested Capital650.6M1.3B1.3B1.3B1.9B1.3B
Net Working Capital40.8M54.5M67.1M78.0M39.7M57.8M

Pair Trading with Triple Flag

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Triple Flag position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Triple Flag will appreciate offsetting losses from the drop in the long position's value.

Moving together with Triple Stock

  0.89AG First Majestic SilverPairCorr
  0.75IE Ivanhoe EnergyPairCorr
The ability to find closely correlated positions to Triple Flag could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triple Flag when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Triple Flag - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Triple Flag Precious to buy it.
The correlation of Triple Flag is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Triple Flag moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triple Flag Precious moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Triple Flag can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag'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.