Titan Historical Balance Sheet
TI Stock | CAD 0.31 0.03 10.71% |
Trend analysis of Titan Mining Corp balance sheet accounts such as Other Stockholder Equity of 5.6 M, Total Current Assets of 12.2 M, Common Stock of 50.6 M or Short Long Term Debt Total of 4 M provides information on Titan Mining's total assets, liabilities, and equity, which is the actual value of Titan Mining Corp to its prevalent stockholders. By breaking down trends over time using Titan Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Titan Mining Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Titan Mining Corp is a good buy for the upcoming year.
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About Titan Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Titan Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Titan Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titan Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Titan currently owns. An asset can also be divided into two categories, current and non-current.
Titan Mining Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Titan Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Titan Mining Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from Titan Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Titan Mining Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Titan Mining Corp. 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. At this time, Titan Mining's Net Tangible Assets are very stable compared to the past year. As of the 22nd of December 2024, Property Plant And Equipment Net is likely to grow to about 55.4 M, though Total Stockholder Equity is likely to grow to (2.2 M).
2023 | 2024 (projected) | Common Stock | 59.8M | 50.6M | Total Current Assets | 15.2M | 12.2M |
Titan Mining balance sheet Correlations
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Titan Mining Account Relationship Matchups
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Titan Mining balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.5M | 78.9M | 77.6M | 66.0M | 52.8M | 58.0M | |
Total Stockholder Equity | 25.2M | 17.6M | 17.0M | 10.5M | (2.3M) | (2.2M) | |
Net Debt | 30.0M | 30.2M | 29.3M | 23.5M | (831K) | (789.5K) | |
Cash | 1.7M | 7.5M | 6.0M | 6.7M | 5.0M | 6.0M | |
Cash And Short Term Investments | 1.7M | 7.5M | 6.0M | 6.7M | 5.0M | 6.9M | |
Liabilities And Stockholders Equity | 78.5M | 78.9M | 77.6M | 66.0M | 52.8M | 58.0M | |
Other Stockholder Equity | 5.0M | 6.7M | 7.8M | 8.8M | 9.8M | 5.6M | |
Total Current Assets | 5.8M | 13.0M | 17.5M | 17.6M | 15.2M | 12.2M | |
Common Stock | 51.8M | 51.9M | 56.7M | 61.1M | 59.8M | 50.6M | |
Short Long Term Debt Total | 31.7M | 37.7M | 35.3M | 30.2M | 4.2M | 4.0M | |
Total Current Liabilities | 27.0M | 16.1M | 6.7M | 10.3M | 38.7M | 40.7M | |
Other Liab | 15.7M | 16.1M | 18.1M | 19.1M | 22.0M | 17.9M | |
Net Tangible Assets | 27.2M | 25.2M | 17.6M | 17.0M | 15.3M | 18.5M | |
Property Plant And Equipment Net | 71.0M | 64.2M | 58.1M | 46.4M | 36.9M | 55.4M | |
Current Deferred Revenue | (4.7M) | 436K | 1.1M | (492K) | (565.8K) | (594.1K) | |
Retained Earnings | (36.5M) | (50.2M) | (51.9M) | (57.1M) | (68.3M) | (64.9M) | |
Accounts Payable | 4.4M | 4.4M | 4.1M | 4.6M | 2.9M | 4.5M | |
Non Current Assets Total | 72.7M | 65.9M | 60.1M | 48.4M | 37.5M | 57.2M | |
Non Currrent Assets Other | 1.7M | 1.8M | 2.1M | 2.0M | 672K | 638.4K | |
Other Assets | 1.7M | 1.8M | 2.1M | 2.0M | 2.3M | 2.0M | |
Net Receivables | 653K | 1.3M | 3.2M | 2.2M | 1.5M | 1.4M | |
Common Stock Shares Outstanding | 102.0M | 107.7M | 127.3M | 139.0M | 137.6M | 126.6M | |
Long Term Debt Total | 10.2M | 27.0M | 34.8M | 30.0M | 34.4M | 18.5M | |
Non Current Liabilities Total | 26.3M | 45.1M | 53.9M | 45.2M | 16.3M | 15.5M | |
Inventory | 2.6M | 3.1M | 3.9M | 6.9M | 7.2M | 3.7M | |
Other Current Assets | 791K | 1.1M | 4.3M | 1.7M | 1.5M | 1.5M | |
Total Liab | 53.3M | 61.3M | 60.6M | 55.5M | 55.0M | 52.2M | |
Property Plant And Equipment Gross | 71.0M | 64.2M | 87.8M | 88.0M | 91.4M | 72.7M | |
Short Long Term Debt | 21.3M | 10.2M | 95K | 8K | 4.1M | 4.6M | |
Accumulated Other Comprehensive Income | 5.0M | 6.7M | 7.8M | 6.5M | (3.5M) | (3.4M) | |
Short Term Debt | 21.5M | 10.7M | 425K | 104K | 4.2M | 4.9M | |
Property Plant Equipment | 71.0M | 64.2M | 58.1M | 46.4M | 53.3M | 57.5M | |
Net Invested Capital | 56.5M | 54.5M | 51.7M | 40.4M | 1.9M | 1.8M | |
Net Working Capital | (21.2M) | (3.2M) | 10.8M | 7.3M | (23.5M) | (22.3M) | |
Long Term Debt | 10.0M | 26.7M | 34.6M | 29.9M | 34.3M | 25.7M |
Pair Trading with Titan Mining
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 Titan Mining 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 Titan Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Titan Stock
The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining 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 Titan Mining - 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 Titan Mining Corp to buy it.
The correlation of Titan Mining 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 Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining Corp 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 Titan Mining 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.Other Information on Investing in Titan Stock
Balance Sheet is a snapshot of the financial position of Titan Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Titan Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titan Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Titan currently owns. An asset can also be divided into two categories, current and non-current.