Techgen Capital Stock vs Short Term Investments Analysis

TG1 Stock   0.03  0  3.03%   
Techgen Metals financial indicator trend analysis is much more than just breaking down Techgen Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Techgen Metals is a good investment. Please check the relationship between Techgen Metals Capital Stock and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Techgen 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 board of governors.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Techgen Metals Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Techgen Metals' Capital Stock and Short Term Investments is -0.79. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Techgen Metals, assuming nothing else is changed. The correlation between historical values of Techgen Metals' Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Techgen Metals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Techgen Metals' Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of Techgen Metals balance sheet. It contains any investments Techgen Metals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Techgen Metals can easily liquidate in the marketplace.
Most indicators from Techgen Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Techgen 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 Techgen 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 board of governors.
Selling General Administrative is likely to gain to about 626.3 K in 2024. Issuance Of Capital Stock is likely to gain to about 3.6 M in 2024

Techgen Metals fundamental ratios Correlations

0.091.00.960.63-0.95-0.90.050.990.880.690.890.860.50.090.890.910.860.80.64-0.76-0.80.81-0.620.820.73
0.090.070.09-0.13-0.03-0.360.940.00.40.13-0.28-0.090.111.0-0.270.240.350.140.29-0.09-0.390.37-0.10.50.56
1.00.070.960.64-0.95-0.90.040.990.880.690.890.860.50.070.90.910.850.80.64-0.76-0.790.81-0.620.820.72
0.960.090.960.74-0.99-0.940.050.940.860.670.860.840.640.090.860.970.930.830.63-0.77-0.840.83-0.770.810.72
0.63-0.130.640.74-0.8-0.75-0.290.680.670.570.520.360.84-0.130.530.80.780.860.71-0.61-0.740.79-0.910.660.59
-0.95-0.03-0.95-0.99-0.80.930.01-0.96-0.85-0.62-0.84-0.79-0.68-0.03-0.84-0.97-0.93-0.86-0.670.740.86-0.860.81-0.82-0.72
-0.9-0.36-0.9-0.94-0.750.93-0.26-0.88-0.95-0.72-0.67-0.67-0.67-0.36-0.67-0.98-0.99-0.86-0.720.780.95-0.940.82-0.94-0.85
0.050.940.040.05-0.290.01-0.26-0.020.29-0.08-0.28-0.05-0.030.94-0.270.150.27-0.020.110.01-0.320.25-0.010.390.42
0.990.00.990.940.68-0.96-0.88-0.020.870.640.870.810.530.00.870.890.850.820.66-0.73-0.810.83-0.660.820.71
0.880.40.880.860.67-0.85-0.950.290.870.750.60.610.530.40.610.90.910.810.73-0.81-0.930.94-0.70.960.86
0.690.130.690.670.57-0.62-0.72-0.080.640.750.590.590.270.130.60.680.620.570.43-0.85-0.610.61-0.490.610.51
0.89-0.280.890.860.52-0.84-0.67-0.280.870.60.590.950.37-0.281.00.740.610.610.39-0.7-0.480.49-0.420.480.42
0.86-0.090.860.840.36-0.79-0.67-0.050.810.610.590.950.22-0.090.950.710.60.470.24-0.73-0.490.44-0.350.470.38
0.50.110.50.640.84-0.68-0.67-0.030.530.530.270.370.220.110.370.750.740.880.83-0.29-0.610.72-0.790.640.72
0.091.00.070.09-0.13-0.03-0.360.940.00.40.13-0.28-0.090.11-0.270.240.350.140.29-0.09-0.390.37-0.10.50.56
0.89-0.270.90.860.53-0.84-0.67-0.270.870.610.61.00.950.37-0.270.740.610.620.4-0.7-0.490.5-0.420.490.43
0.910.240.910.970.8-0.97-0.980.150.890.90.680.740.710.750.240.740.980.890.73-0.75-0.90.91-0.840.880.82
0.860.350.850.930.78-0.93-0.990.270.850.910.620.610.60.740.350.610.980.870.74-0.68-0.960.96-0.880.940.85
0.80.140.80.830.86-0.86-0.86-0.020.820.810.570.610.470.880.140.620.890.870.94-0.55-0.780.9-0.770.860.88
0.640.290.640.630.71-0.67-0.720.110.660.730.430.390.240.830.290.40.730.740.94-0.35-0.660.84-0.60.820.92
-0.76-0.09-0.76-0.77-0.610.740.780.01-0.73-0.81-0.85-0.7-0.73-0.29-0.09-0.7-0.75-0.68-0.55-0.350.68-0.620.57-0.61-0.47
-0.8-0.39-0.79-0.84-0.740.860.95-0.32-0.81-0.93-0.61-0.48-0.49-0.61-0.39-0.49-0.9-0.96-0.78-0.660.68-0.960.88-0.94-0.79
0.810.370.810.830.79-0.86-0.940.250.830.940.610.490.440.720.370.50.910.960.90.84-0.62-0.96-0.840.980.89
-0.62-0.1-0.62-0.77-0.910.810.82-0.01-0.66-0.7-0.49-0.42-0.35-0.79-0.1-0.42-0.84-0.88-0.77-0.60.570.88-0.84-0.74-0.59
0.820.50.820.810.66-0.82-0.940.390.820.960.610.480.470.640.50.490.880.940.860.82-0.61-0.940.98-0.740.93
0.730.560.720.720.59-0.72-0.850.420.710.860.510.420.380.720.560.430.820.850.880.92-0.47-0.790.89-0.590.93
Click cells to compare fundamentals

Techgen Metals Account Relationship Matchups

Techgen Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7K6.0M5.0M5.9M6.9M3.9M
Total Stockholder Equity(121.5K)5.9M5.0M5.6M6.7M3.8M
Net Tangible Assets(121.5K)5.9M5.0M5.6M6.5M6.8M
Net Debt(209.0)(1.8M)(1.9M)(1.6M)(2.3M)(2.2M)
Retained Earnings(797.0K)(2.8M)(4.3M)(6.4M)(6.7M)(6.4M)
Cash209.01.8M1.9M1.6M2.3M1.2M
Cash And Short Term Investments209.04.3M1.9M1.6M2.3M1.7M
Net Receivables1.4K155.2K64.6K100.3K53.2K60.8K
Liabilities And Stockholders Equity1.7K6.0M5.0M5.9M6.9M3.9M
Other Current Assets1.4K12.9K5K5.6K90.7K95.3K
Total Current Assets1.7K4.5M2.0M1.7M2.5M1.7M
Property Plant Equipment0.01.5M3.1M4.1M4.7M5.0M

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Additional Tools for Techgen Stock Analysis

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