Tectonic Historical Balance Sheet

TECT Stock  CAD 0.04  0.01  10.00%   
Trend analysis of Tectonic Metals balance sheet accounts such as Other Stockholder Equity of 5.8 M, Total Current Assets of 2.3 M, Common Stock of 41.2 M or Property Plant Equipment of 524.8 K provides information on Tectonic Metals' total assets, liabilities, and equity, which is the actual value of Tectonic Metals to its prevalent stockholders. By breaking down trends over time using Tectonic Metals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Tectonic Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tectonic Metals is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Tectonic Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Tectonic Metals at a specified time, usually calculated after every quarter, six months, or one year. Tectonic Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tectonic Metals 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 Tectonic currently owns. An asset can also be divided into two categories, current and non-current.

Tectonic Metals Balance Sheet Chart

At this time, Tectonic Metals' Short Term Debt is fairly stable compared to the past year.

Total Current Liabilities

Total Current Liabilities is an item on Tectonic Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tectonic Metals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Tectonic Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tectonic Metals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Tectonic Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tectonic Metals current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tectonic Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Tectonic Metals' Short Term Debt is fairly stable compared to the past year.
 2022 2024 2025 (projected)
Net Tangible Assets3.0M3.4M2.4M
Total Current Liabilities418.7K860.9K903.9K

Tectonic Metals balance sheet Correlations

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0.73-0.810.720.760.731.00.820.910.770.54-0.17-0.440.560.730.560.630.670.540.780.180.43-0.740.64-0.340.71
-0.91-0.81-0.91-0.9-0.97-0.8-0.98-0.89-0.65-0.270.380.12-0.28-0.91-0.28-0.91-0.88-0.27-0.960.21-0.170.76-0.540.53-0.93
1.00.72-0.910.990.880.740.940.750.640.23-0.63-0.090.290.830.290.910.990.230.86-0.28-0.04-0.610.25-0.720.84
0.980.76-0.90.990.880.790.940.740.690.31-0.65-0.180.370.810.370.920.970.310.85-0.19-0.08-0.570.21-0.720.83
0.880.73-0.970.880.880.720.970.790.680.35-0.44-0.170.350.870.350.960.880.350.93-0.170.09-0.750.45-0.650.91
0.751.0-0.80.740.790.720.820.890.780.56-0.2-0.470.590.710.590.630.680.560.770.190.4-0.720.6-0.360.7
0.950.82-0.980.940.940.970.820.880.670.31-0.43-0.140.330.890.330.930.920.310.93-0.220.16-0.790.49-0.660.91
0.760.91-0.890.750.740.790.890.880.550.24-0.05-0.10.240.80.240.670.680.240.86-0.170.47-0.830.74-0.340.8
0.640.77-0.650.640.690.680.780.670.550.86-0.47-0.740.880.710.880.670.670.860.710.50.26-0.580.41-0.410.7
0.230.54-0.270.230.310.350.560.310.240.86-0.2-0.940.990.290.990.320.271.00.30.830.38-0.450.35-0.260.29
-0.61-0.170.38-0.63-0.65-0.44-0.2-0.43-0.05-0.47-0.20.12-0.28-0.47-0.28-0.66-0.72-0.2-0.380.110.530.00.40.64-0.49
-0.09-0.440.12-0.09-0.18-0.17-0.47-0.14-0.1-0.74-0.940.12-0.95-0.09-0.95-0.13-0.12-0.94-0.13-0.92-0.340.28-0.280.06-0.08
0.290.56-0.280.290.370.350.590.330.240.880.99-0.28-0.950.311.00.330.320.990.320.820.31-0.40.29-0.260.3
0.840.73-0.910.830.810.870.710.890.80.710.29-0.47-0.090.310.310.870.850.290.97-0.190.19-0.690.5-0.461.0
0.290.56-0.280.290.370.350.590.330.240.880.99-0.28-0.951.00.310.330.320.990.320.820.31-0.40.29-0.260.3
0.910.63-0.910.910.920.960.630.930.670.670.32-0.66-0.130.330.870.330.940.320.88-0.22-0.08-0.630.25-0.760.9
0.980.67-0.880.990.970.880.680.920.680.670.27-0.72-0.120.320.850.320.940.270.84-0.25-0.07-0.590.2-0.770.86
0.230.54-0.270.230.310.350.560.310.240.861.0-0.2-0.940.990.290.990.320.270.30.830.38-0.450.35-0.260.29
0.860.78-0.960.860.850.930.770.930.860.710.3-0.38-0.130.320.970.320.880.840.3-0.170.16-0.70.53-0.430.97
-0.280.180.21-0.28-0.19-0.170.19-0.22-0.170.50.830.11-0.920.82-0.190.82-0.22-0.250.83-0.170.33-0.020.170.25-0.21
-0.010.43-0.17-0.04-0.080.090.40.160.470.260.380.53-0.340.310.190.31-0.08-0.070.380.160.33-0.70.890.140.14
-0.63-0.740.76-0.61-0.57-0.75-0.72-0.79-0.83-0.58-0.450.00.28-0.4-0.69-0.4-0.63-0.59-0.45-0.7-0.02-0.7-0.840.49-0.69
0.270.64-0.540.250.210.450.60.490.740.410.350.4-0.280.290.50.290.250.20.350.530.170.89-0.840.060.48
-0.71-0.340.53-0.72-0.72-0.65-0.36-0.66-0.34-0.41-0.260.640.06-0.26-0.46-0.26-0.76-0.77-0.26-0.430.250.140.490.06-0.49
0.850.71-0.930.840.830.910.70.910.80.70.29-0.49-0.080.31.00.30.90.860.290.97-0.210.14-0.690.48-0.49
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Tectonic Metals Account Relationship Matchups

Tectonic Metals balance sheet Accounts

202020212022202320242025 (projected)
Total Current Liabilities267.9K325.9K418.7K748.6K860.9K903.9K
Net Tangible Assets1.9M3.8M1.6M3.0M3.4M2.4M
Retained Earnings(15.8M)(25.2M)(29.2M)(38.8M)(34.9M)(33.2M)
Accounts Payable243.0K298.0K408.8K748.6K860.9K903.9K
Other Current Assets92.8K65.1K205.3K334.2K384.3K403.5K
Total Current Assets3.5M1.2M2.8M2.7M3.2M2.3M
Common Stock17.7M23.7M27.3M34.2M39.3M41.2M
Property Plant Equipment424.8K628.6K752.3K605.5K696.4K524.8K
Total Assets4.2M1.9M3.4M3.7M4.3M3.3M
Total Stockholder Equity3.8M1.6M3.0M2.6M3.0M2.8M
Property Plant And Equipment Net628.6K752.3K605.5K8.1K7.3K6.9K
Net Debt(3.4M)(1.0M)(2.5M)(2.4M)(2.1M)(2.3M)
Cash3.4M1.1M2.6M2.4M2.7M2.4M
Non Current Assets Total628.6K752.3K605.5K999.9K1.1M697.4K
Cash And Short Term Investments3.4M1.1M2.6M2.4M2.7M2.4M
Net Receivables8.4K16.1K6.3K29.8K26.9K16.1K
Common Stock Shares Outstanding75.1M127.5M188.8M275.0M316.2M332.0M
Liabilities And Stockholders Equity4.2M1.9M3.4M3.7M4.3M3.3M
Total Liab305.6K335.8K418.7K1.1M1.3M1.3M
Net Invested Capital3.8M1.6M3.0M2.6M3.0M2.8M
Capital Stock17.7M23.7M27.3M34.2M39.3M22.4M
Net Working Capital3.3M829.4K2.3M2.0M1.8M1.6M
Property Plant And Equipment Gross660.7K853.2K743.5K1.1M1.3M842.5K
Accumulated Other Comprehensive Income2.0M3.1M4.8M7.3M8.4M8.8M

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