Trigon Other Stockholder Equity vs Non Current Liabilities Total Analysis

TM Stock  CAD 0.62  0.04  6.06%   
Trigon Metals financial indicator trend analysis is much more than just breaking down Trigon Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trigon Metals is a good investment. Please check the relationship between Trigon Metals Other Stockholder Equity and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trigon 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.

Other Stockholder Equity vs Non Current Liabilities Total

Other Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Other Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trigon Metals' Other Stockholder Equity and Non Current Liabilities Total is -0.11. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Trigon Metals, assuming nothing else is changed. The correlation between historical values of Trigon Metals' Other Stockholder Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Trigon Metals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Stockholder Equity i.e., Trigon Metals' Other Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Non Current Liabilities Total

Most indicators from Trigon Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trigon 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 Trigon 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.
At this time, Trigon Metals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 1,650 in 2024, whereas Discontinued Operations is likely to drop (3.4 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.3M4.9M3.1M3.0M
Cost Of Revenue194.3K2.0M20.9M21.9M

Trigon Metals fundamental ratios Correlations

0.830.930.91-0.190.960.90.0-0.930.830.960.750.540.880.910.96-0.050.990.540.040.410.4-0.830.610.09-0.01
0.830.940.980.110.940.940.53-0.810.940.940.650.470.930.760.68-0.140.80.020.43-0.13-0.13-0.90.640.130.02
0.930.940.98-0.110.980.980.31-0.860.870.980.670.490.890.810.84-0.120.920.240.160.10.1-0.930.750.12-0.08
0.910.980.980.010.980.980.42-0.840.950.980.680.50.950.810.78-0.170.880.140.27-0.01-0.01-0.920.720.15-0.07
-0.190.11-0.110.01-0.05-0.150.480.10.26-0.060.030.010.24-0.08-0.430.45-0.33-0.440.66-0.51-0.510.16-0.270.360.16
0.960.940.980.98-0.050.970.28-0.880.921.00.690.490.940.840.86-0.110.930.290.20.140.14-0.910.70.16-0.04
0.90.940.980.98-0.150.970.37-0.810.870.970.60.430.880.740.82-0.240.90.160.170.020.02-0.940.760.07-0.08
0.00.530.310.420.480.280.370.00.480.26-0.020.00.38-0.05-0.22-0.22-0.05-0.820.61-0.91-0.91-0.40.370.16-0.12
-0.93-0.81-0.86-0.840.1-0.88-0.810.0-0.77-0.88-0.83-0.64-0.82-0.93-0.88-0.07-0.91-0.53-0.19-0.4-0.40.73-0.360.12-0.28
0.830.940.870.950.260.920.870.48-0.770.910.680.480.990.790.65-0.110.760.070.41-0.09-0.09-0.80.620.3-0.07
0.960.940.980.98-0.061.00.970.26-0.880.910.70.490.940.840.87-0.110.940.30.190.160.15-0.90.690.16-0.04
0.750.650.670.680.030.690.6-0.02-0.830.680.70.720.690.930.7-0.050.720.48-0.010.380.37-0.560.260.010.19
0.540.470.490.50.010.490.430.0-0.640.480.490.720.480.690.5-0.140.520.320.050.260.26-0.410.12-0.190.22
0.880.930.890.950.240.940.880.38-0.820.990.940.690.480.820.71-0.030.810.180.390.010.01-0.80.590.3-0.02
0.910.760.810.81-0.080.840.74-0.05-0.930.790.840.930.690.820.87-0.070.890.580.030.460.46-0.680.420.060.09
0.960.680.840.78-0.430.860.82-0.22-0.880.650.870.70.50.710.87-0.110.980.69-0.180.590.59-0.740.57-0.02-0.02
-0.05-0.14-0.12-0.170.45-0.11-0.24-0.22-0.07-0.11-0.11-0.05-0.14-0.03-0.07-0.11-0.140.170.160.170.170.23-0.29-0.010.15
0.990.80.920.88-0.330.930.9-0.05-0.910.760.940.720.520.810.890.98-0.140.57-0.060.450.45-0.830.640.03-0.04
0.540.020.240.14-0.440.290.16-0.82-0.530.070.30.480.320.180.580.690.170.57-0.440.980.98-0.06-0.01-0.020.16
0.040.430.160.270.660.20.170.61-0.190.410.19-0.010.050.390.03-0.180.16-0.06-0.44-0.54-0.54-0.12-0.190.120.49
0.41-0.130.1-0.01-0.510.140.02-0.91-0.4-0.090.160.380.260.010.460.590.170.450.98-0.541.00.03-0.1-0.110.11
0.4-0.130.1-0.01-0.510.140.02-0.91-0.4-0.090.150.370.260.010.460.590.170.450.98-0.541.00.03-0.1-0.110.11
-0.83-0.9-0.93-0.920.16-0.91-0.94-0.40.73-0.8-0.9-0.56-0.41-0.8-0.68-0.740.23-0.83-0.06-0.120.030.03-0.73-0.020.21
0.610.640.750.72-0.270.70.760.37-0.360.620.690.260.120.590.420.57-0.290.64-0.01-0.19-0.1-0.1-0.730.3-0.64
0.090.130.120.150.360.160.070.160.120.30.160.01-0.190.30.06-0.02-0.010.03-0.020.12-0.11-0.11-0.020.3-0.34
-0.010.02-0.08-0.070.16-0.04-0.08-0.12-0.28-0.07-0.040.190.22-0.020.09-0.020.15-0.040.160.490.110.110.21-0.64-0.34
Click cells to compare fundamentals

Trigon Metals Account Relationship Matchups

Trigon Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7M3.0M18.2M35.7M51.5M54.1M
Short Long Term Debt Total294.9K1.9M3.3M194.2K6.9M7.3M
Other Current Liab166.8K666.2K797.9K910.2K3.6M3.8M
Total Current Liabilities554.6K1.0M6.7M1.8M17.6M18.5M
Total Stockholder Equity1.5M1.6M9.8M(4.3M)84K79.8K
Property Plant And Equipment Net229.0K308.8K15.6M13.2M45.8M48.1M
Net Debt(1.2M)(796.5K)3.0M(20.5M)5.0M5.3M
Retained Earnings(28.8M)(44.6M)(49.5M)(65.7M)(86.0M)(81.7M)
Accounts Payable92.9K347.9K4.3M153.4K5.1M5.4M
Non Current Assets Total229.0K308.8K15.6M14.4M45.8M48.1M
Net Receivables23.9K45.0K1.8M434.2K2.3M2.4M
Common Stock Shares Outstanding12.1M20.6M28.7M34.4M38.9M40.9M
Liabilities And Stockholders Equity1.7M3.0M18.2M35.7M51.5M54.1M
Other Stockholder Equity48.4K7.4M7.6M6.4M1.8M1.7M
Total Liab554.6K1.8M9.3M42.6M57.0M59.9M
Total Current Assets1.5M2.7M2.6M21.2M5.7M2.9M
Short Term Debt294.9K837.8K1.6M63.5K1.2M903.3K
Cash1.4M2.6M319.9K20.7M1.9M1.9M
Cash And Short Term Investments1.4M2.6M319.9K20.7M1.9M1.9M
Accumulated Other Comprehensive Income1.8M2.5M3.9M10.5M16.9M17.8M
Inventory(6.1K)(5.3K)(105.3K)0.01.3M1.4M
Other Current Assets20.8K26.0K528.1K61.6K206.0K132.7K
Common Stock28.4M36.3M47.7M44.6M67.3M35.8M
Net Tangible Assets(422.0K)2.1M2.1M12.4M14.2M14.9M
Property Plant Equipment342.1K324.7K388.4K19.4M22.4M23.5M
Net Invested Capital2.6M2.1M15.4M(4.3M)62.1K59.0K
Net Working Capital1.3M2.1M(5.6M)19.5M(8.8M)(8.3M)
Capital Stock40.2M45.6M59.6M44.6M49.7M50.7M

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