| 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 Long Term Investments and its Total Current Assets 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.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
True North Copper Long Term Investments account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between True North's Long Term Investments and Total Current Assets is -0.37. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets 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 Long Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of True North Copper are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., True North's Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.37 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of True North balance sheet that represents investments True North Copper intends to hold for over a year. True North Copper long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
True North fundamental ratios Correlations
Click cells to compare fundamentals
True North Account Relationship Matchups
High Positive Relationship
High Negative Relationship
True North fundamental ratios Accounts
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