True Common Stock vs Other Current Liab Analysis

TNC Stock   3.00  2.97  9,900%   
True North financial indicator trend analysis is much more than just breaking down True North Copper prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether True North Copper is a good investment. Please check the relationship between True North Common Stock and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Copper. 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.

Common Stock vs Other Current Liab

Common Stock vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of True North Copper Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between True North's Common Stock and Other Current Liab is 0.99. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of True North Copper, assuming nothing else is changed. The correlation between historical values of True North's Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of True North Copper are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., True North's Common Stock and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Other Current Liab

Most indicators from True North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into True North Copper 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 True North Copper. 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.
Selling General Administrative is likely to gain to about 4.5 M in 2024. Issuance Of Capital Stock is likely to gain to about 57.2 M in 2024
 2010 2023 2024 (projected)
Gross Profit1.2M1.1M940.9K
Total Revenue1.5M1.3M1.2M

True North fundamental ratios Correlations

0.92-0.980.980.990.940.630.971.00.990.910.99-0.930.99-0.780.990.980.910.990.99-0.99-0.930.06-0.780.980.93
0.92-0.940.980.960.890.810.990.930.960.850.95-0.870.95-0.760.950.960.850.950.95-0.93-0.74-0.23-0.760.950.91
-0.98-0.94-0.98-0.99-0.9-0.67-0.98-0.98-0.98-0.91-0.990.92-0.990.69-0.98-0.99-0.91-0.99-0.981.00.870.080.69-0.98-0.95
0.980.98-0.981.00.910.71.00.991.00.880.99-0.910.99-0.791.01.00.880.991.0-0.98-0.84-0.12-0.790.990.95
0.990.96-0.991.00.90.650.990.991.00.881.0-0.91.0-0.81.01.00.881.01.0-0.99-0.86-0.09-0.81.00.95
0.940.89-0.90.910.90.770.910.940.920.910.92-0.970.92-0.710.890.890.910.920.93-0.9-0.920.23-0.710.880.84
0.630.81-0.670.70.650.770.720.650.660.770.66-0.780.66-0.370.630.640.770.660.67-0.63-0.52-0.16-0.370.630.67
0.970.99-0.981.00.990.910.720.980.990.880.99-0.90.99-0.790.990.990.880.990.99-0.97-0.82-0.15-0.790.990.94
1.00.93-0.980.990.990.940.650.980.990.911.0-0.941.0-0.780.990.990.911.01.0-0.99-0.920.05-0.780.980.94
0.990.96-0.981.01.00.920.660.990.990.891.0-0.911.0-0.81.01.00.891.01.0-0.99-0.87-0.05-0.81.00.95
0.910.85-0.910.880.880.910.770.880.910.890.9-0.980.9-0.50.870.871.00.90.9-0.91-0.880.07-0.50.870.94
0.990.95-0.990.991.00.920.660.991.01.00.9-0.921.0-0.791.01.00.91.01.0-0.99-0.88-0.04-0.790.990.95
-0.93-0.870.92-0.91-0.9-0.97-0.78-0.9-0.94-0.91-0.98-0.92-0.920.57-0.89-0.89-0.98-0.92-0.920.930.93-0.170.57-0.88-0.9
0.990.95-0.990.991.00.920.660.991.01.00.91.0-0.92-0.791.01.00.91.01.0-0.99-0.88-0.04-0.790.990.95
-0.78-0.760.69-0.79-0.8-0.71-0.37-0.79-0.78-0.8-0.5-0.790.57-0.79-0.8-0.79-0.5-0.79-0.80.710.620.021.0-0.79-0.65
0.990.95-0.981.01.00.890.630.990.991.00.871.0-0.891.0-0.81.00.871.01.0-0.99-0.85-0.1-0.81.00.95
0.980.96-0.991.01.00.890.640.990.991.00.871.0-0.891.0-0.791.00.871.00.99-0.99-0.84-0.12-0.791.00.95
0.910.85-0.910.880.880.910.770.880.910.891.00.9-0.980.9-0.50.870.870.90.9-0.91-0.880.07-0.50.870.94
0.990.95-0.990.991.00.920.660.991.01.00.91.0-0.921.0-0.791.01.00.91.0-0.99-0.88-0.03-0.790.990.95
0.990.95-0.981.01.00.930.670.991.01.00.91.0-0.921.0-0.81.00.990.91.0-0.99-0.88-0.03-0.80.990.94
-0.99-0.931.0-0.98-0.99-0.9-0.63-0.97-0.99-0.99-0.91-0.990.93-0.990.71-0.99-0.99-0.91-0.99-0.990.90.030.71-0.99-0.95
-0.93-0.740.87-0.84-0.86-0.92-0.52-0.82-0.92-0.87-0.88-0.880.93-0.880.62-0.85-0.84-0.88-0.88-0.880.9-0.410.62-0.84-0.81
0.06-0.230.08-0.12-0.090.23-0.16-0.150.05-0.050.07-0.04-0.17-0.040.02-0.1-0.120.07-0.03-0.030.03-0.410.02-0.12-0.17
-0.78-0.760.69-0.79-0.8-0.71-0.37-0.79-0.78-0.8-0.5-0.790.57-0.791.0-0.8-0.79-0.5-0.79-0.80.710.620.02-0.79-0.65
0.980.95-0.980.991.00.880.630.990.981.00.870.99-0.880.99-0.791.01.00.870.990.99-0.99-0.84-0.12-0.790.95
0.930.91-0.950.950.950.840.670.940.940.950.940.95-0.90.95-0.650.950.950.940.950.94-0.95-0.81-0.17-0.650.95
Click cells to compare fundamentals

True North Account Relationship Matchups

True North fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities350.9K1.2M5.8M16.6M19.1M20.1M
Net Tangible Assets2.7M15.8M(3.7M)29.6M34.0M35.7M
Retained Earnings(884.9K)(2.3M)(3.7M)(37.8M)(34.0M)(32.3M)
Accounts Payable339.7K1.1M286.5K5.4M6.2M6.5M
Net Receivables26.2K314.6K356.6K502.4K577.8K606.7K
Total Current Assets1.7M9.6M1.1M6.7M7.8M4.4M
Common Stock3.6M17.7M100.067.0M77.1M80.9M
Property Plant Equipment1.3M7.3M21.7M68.2M78.5M82.4M

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Additional Tools for True Stock Analysis

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