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 Ebit and its Total Revenue 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.
Ebit vs Total Revenue
Ebit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
True North Commercial Ebit account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between True North's Ebit and Total Revenue is 0.84. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue 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 Ebit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of True North Commercial are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., True North's Ebit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebit
Total Revenue
Total revenue comprises all receipts True North Commercial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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
| 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 86.5M | 72.5M | 83.4M | 50.1M | Total Revenue | 143.6M | 132.2M | 152.0M | 84.6M |
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.