| TNT-UN Stock | | | CAD 8.38 0.13 1.58% |
True North financial indicator trend analysis is much more than just breaking down True North Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether True North Commercial is a good investment. Please check the relationship between True North Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in True North Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
True North Commercial Cash And Short Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between True North's Cash And Short Term Investments and Total Stockholder Equity is 0.46. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of True North Commercial, assuming nothing else is changed. The correlation between historical values of True North's Cash And Short Term Investments and Total Stockholder Equity 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 True North Commercial are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., True North's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of True North Commercial balance sheet. This account contains True North investments that will expire within one year. These investments include stocks and bonds that can be liquidated by True North Commercial 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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Commercial 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 Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
As of March 1, 2025,
Selling General Administrative is expected to decline to about 4.1
M.
Issuance Of Capital Stock is expected to grow at the current pace this year
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
Other Information on Investing in True Stock
Balance Sheet is a snapshot of the
financial position of True North Commercial at a specified time, usually calculated after every quarter, six months, or one year. True North Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of True North and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which True currently owns. An asset can also be divided into two categories, current and non-current.