Taseko Total Stockholder Equity vs Common Stock Shares Outstanding Analysis
TGB Stock | USD 2.02 0.06 2.88% |
Taseko Mines financial indicator trend analysis is much more than just breaking down Taseko Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taseko Mines is a good investment. Please check the relationship between Taseko Mines Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
Total Stockholder Equity vs Common Stock Shares Outstanding
Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taseko Mines Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Taseko Mines' Total Stockholder Equity and Common Stock Shares Outstanding is 0.48. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Taseko Mines, assuming nothing else is changed. The correlation between historical values of Taseko Mines' Total Stockholder Equity and Common Stock Shares 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 Total Stockholder Equity of Taseko Mines are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Taseko Mines' Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Taseko Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taseko Mines 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 Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.At present, Taseko Mines' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 18.2 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.9M | 15.0M | 21.1M | 15.2M | Other Operating Expenses | 290.4M | 352.4M | 338.7M | 191.8M |
Taseko Mines fundamental ratios Correlations
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Taseko Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taseko Mines fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 243.9M | 250.5M | 287.5M | 286.2M | 291.0M | 305.5M | |
Total Assets | 884.0M | 910.4M | 1.2B | 1.3B | 1.6B | 1.6B | |
Short Long Term Debt Total | 373.5M | 363.4M | 533.1M | 587.5M | 632.4M | 664.0M | |
Total Current Liabilities | 67.3M | 78.5M | 103.5M | 112.6M | 141.2M | 148.2M | |
Total Stockholder Equity | 301.7M | 317.4M | 358.5M | 356.4M | 434.1M | 257.1M | |
Property Plant And Equipment Net | 758.0M | 742.6M | 837.8M | 1.0B | 1.3B | 1.4B | |
Net Debt | 320.3M | 278.3M | 296.3M | 466.6M | 535.9M | 562.7M | |
Accounts Payable | 24.2M | 32.8M | 30.1M | 31.7M | 28.6M | 23.7M | |
Cash | 53.2M | 85.1M | 236.8M | 120.9M | 96.5M | 73.4M | |
Non Current Assets Total | 770.1M | 753.2M | 846.0M | 1.0B | 1.3B | 1.4B | |
Non Currrent Assets Other | 4.4M | 4.1M | 1.7M | 1.8M | 24.3M | 34.5M | |
Cash And Short Term Investments | 53.9M | 86.9M | 239.9M | 123.4M | 97.8M | 77.5M | |
Net Receivables | 13.8M | 4.7M | 9.6M | 11.4M | 16.5M | 17.7M | |
Liabilities And Stockholders Equity | 884.0M | 910.4M | 1.2B | 1.3B | 1.6B | 1.6B | |
Non Current Liabilities Total | 515.0M | 514.5M | 721.2M | 809.6M | 991.0M | 1.0B | |
Other Current Assets | 2.5M | 6.8M | 11.6M | 13.2M | 12.2M | 7.8M | |
Other Stockholder Equity | 51.6M | 53.4M | 55.4M | 55.8M | 54.8M | 92.9M | |
Total Liab | 582.3M | 593.0M | 824.7M | 922.3M | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 758.0M | 742.6M | 1.5B | 1.7B | 2.0B | 2.1B | |
Total Current Assets | 113.9M | 157.2M | 337.2M | 240.9M | 249.5M | 137.0M | |
Accumulated Other Comprehensive Income | 6.8M | 7.7M | 6.6M | 26.8M | 16.6M | 13.0M | |
Other Current Liab | 22.1M | 22.5M | 38.9M | 49.2M | 81.8M | 85.9M | |
Retained Earnings | (193.1M) | (216.6M) | (180.1M) | (206.1M) | (123.4M) | (129.5M) | |
Short Term Debt | 16.5M | 17.6M | 18.3M | 18.4M | 27.7M | 14.3M | |
Inventory | 43.6M | 58.8M | 79.9M | 92.8M | 122.9M | 129.1M | |
Other Liab | 158.0M | 168.7M | 207.8M | 241.5M | 277.7M | 291.6M | |
Net Tangible Assets | 296.3M | 312.1M | 353.3M | 350.8M | 403.4M | 423.6M | |
Other Assets | 4.4M | 4.1M | 1.7M | 1.8M | 1.6M | 1.5M | |
Long Term Debt | 336.5M | 326.5M | 503.4M | 566.1M | 603.3M | 633.5M | |
Good Will | 5.4M | 5.3M | 5.2M | 5.6M | 5.5M | 3.0M | |
Common Stock Total Equity | 422.1M | 423.4M | 436.3M | 472.9M | 543.8M | 313.0M | |
Short Term Investments | 730K | 1.8M | 3.1M | 2.6M | 1.3M | 1.3M | |
Long Term Investments | 5.5M | 4.0M | 1.6M | 1.2M | 1.4M | 1.3M | |
Short Long Term Debt | 6.6M | 7.5M | 6.5M | 8.5M | 11.1M | 16.6M | |
Common Stock | 436.3M | 472.9M | 476.6M | 479.9M | 486.1M | 337.6M | |
Property Plant Equipment | 758.0M | 742.6M | 837.8M | 1.0B | 1.2B | 1.2B | |
Current Deferred Revenue | 4.6M | 5.6M | 13.4M | 12.1M | 10.3M | 5.7M | |
Long Term Debt Total | 357.0M | 345.8M | 514.8M | 569.1M | 654.4M | 430.2M | |
Capital Surpluse | 51.6M | 53.4M | 55.4M | 55.8M | 64.2M | 55.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.11 | Revenue Per Share 2.008 | Quarterly Revenue Growth 0.231 | Return On Assets 0.0337 |
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' 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.