| TIL Stock | | | CAD 1.31 0.06 4.80% |
Till Capital financial indicator trend analysis is much more than just breaking down Till Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Till Capital is a good investment. Please check the relationship between Till Capital Cash And Short Term Investments and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Till Capital. 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.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Till Capital Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Till Capital's Cash And Short Term Investments and Cash is 0.66. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Till Capital, assuming nothing else is changed. The correlation between historical values of Till Capital's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Till Capital are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Till Capital's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.66 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Till Capital balance sheet. This account contains Till Capital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Till Capital fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Till Capital, which is listed under current asset account on Till Capital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Till Capital customers. The amounts must be unrestricted with restricted cash listed in a different Till Capital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Till Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Till Capital 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 Till Capital. 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, Till Capital's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 1.67 in 2024, despite the fact that
Tax Provision is likely to grow to (189.5
K).
Till Capital fundamental ratios Correlations
Click cells to compare fundamentals
Till Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Till Capital fundamental ratios Accounts
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Additional Tools for Till Stock Analysis
When running Till Capital's price analysis, check to
measure Till Capital's 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 Till Capital is operating at the current time. Most of Till Capital's value examination focuses on studying past and present price action to
predict the probability of Till Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Till Capital's price. Additionally, you may evaluate how the addition of Till Capital to your portfolios can decrease your overall portfolio volatility.