Trench Total Liab vs Net Working Capital Analysis
TMC Stock | CAD 0.58 0.03 5.45% |
Trench Metals financial indicator trend analysis is much more than just breaking down Trench Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trench Metals Corp is a good investment. Please check the relationship between Trench Metals Total Liab and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios. 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.
Total Liab vs Net Working Capital
Total Liab vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trench Metals Corp Total Liab account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Trench Metals' Total Liab and Net Working Capital is -0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Trench Metals Corp, assuming nothing else is changed. The correlation between historical values of Trench Metals' Total Liab and Net Working Capital 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 Liab of Trench Metals Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Liab i.e., Trench Metals' Total Liab and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Working Capital
Most indicators from Trench Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trench Metals Corp 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. 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, Trench Metals' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 76.2 M in 2024, whereas Discontinued Operations is likely to drop (577.4 K) in 2024.
Trench Metals fundamental ratios Correlations
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Trench Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trench Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 11.2K | 11.7K | 71.9K | 25.2K | 22.7K | 21.5K | |
Net Tangible Assets | 929.2K | 811.5K | 446.8K | 752.9K | 865.8K | 909.1K | |
Retained Earnings | (4.4M) | (5.0M) | (5.3M) | (6.3M) | (5.7M) | (6.0M) | |
Accounts Payable | 9.1K | 11.7K | 70.8K | 19.5K | 17.6K | 16.7K | |
Net Receivables | 3.1K | 3.3K | 1.1K | 6.0K | 5.4K | 5.2K | |
Other Stockholder Equity | 166.9K | 727.8K | 543.4K | 446.5K | 513.5K | 345.6K | |
Total Current Assets | 812.7K | 303.1K | 589.7K | 561.4K | 645.6K | 564.2K | |
Total Assets | 822.7K | 458.5K | 824.7K | 1.2M | 1.4M | 719.9K | |
Total Stockholder Equity | 811.5K | 446.8K | 752.9K | 1.2M | 1.3M | 1.4M | |
Cash | 809.3K | 244.4K | 583.7K | 556.7K | 640.2K | 522.2K | |
Non Current Assets Total | 10.0K | 155.4K | 235.0K | 623.8K | 717.4K | 753.3K | |
Total Liab | 11.2K | 11.7K | 71.9K | 25.2K | 22.7K | 21.5K | |
Net Invested Capital | 811.5K | 446.8K | 752.9K | 1.2M | 1.3M | 1.4M | |
Net Working Capital | 801.5K | 291.4K | 517.8K | 536.2K | 616.6K | 325.9K | |
Capital Stock | 3.6M | 4.0M | 4.8M | 5.8M | 6.6M | 4.7M |
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When running Trench Metals' price analysis, check to measure Trench 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 Trench Metals is operating at the current time. Most of Trench Metals' value examination focuses on studying past and present price action to predict the probability of Trench Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trench Metals' price. Additionally, you may evaluate how the addition of Trench Metals to your portfolios can decrease your overall portfolio volatility.