Techgen Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total Stockholder Equity 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.
Non Currrent Assets Other vs Total Stockholder Equity
Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Techgen Metals Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Techgen Metals' Non Currrent Assets Other and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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' Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Techgen Metals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Techgen Metals' Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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
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Techgen Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Techgen Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7K | 6.0M | 5.0M | 5.9M | 6.9M | 3.9M | |
Total Stockholder Equity | (121.5K) | 5.9M | 5.0M | 5.6M | 6.7M | 3.8M | |
Net Tangible Assets | (121.5K) | 5.9M | 5.0M | 5.6M | 6.5M | 6.8M | |
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) | |
Cash | 209.0 | 1.8M | 1.9M | 1.6M | 2.3M | 1.2M | |
Cash And Short Term Investments | 209.0 | 4.3M | 1.9M | 1.6M | 2.3M | 1.7M | |
Net Receivables | 1.4K | 155.2K | 64.6K | 100.3K | 53.2K | 60.8K | |
Liabilities And Stockholders Equity | 1.7K | 6.0M | 5.0M | 5.9M | 6.9M | 3.9M | |
Other Current Assets | 1.4K | 12.9K | 5K | 5.6K | 90.7K | 95.3K | |
Total Current Assets | 1.7K | 4.5M | 2.0M | 1.7M | 2.5M | 1.7M | |
Property Plant Equipment | 0.0 | 1.5M | 3.1M | 4.1M | 4.7M | 5.0M |
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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.