Tourmaline Total Current Liabilities from 2010 to 2024

TRML Stock   24.44  1.22  4.75%   
Tourmaline Bio Total Current Liabilities yearly trend continues to be quite stable with very little volatility. The value of Total Current Liabilities is projected to decrease to about 2.7 M. Total Current Liabilities is the total amount of liabilities that Tourmaline Bio is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.7 M
Quarterly Volatility
970.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tourmaline Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tourmaline Bio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.4 K, Other Operating Expenses of 23.4 M or Research Development of 17.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.64. Tourmaline financial statements analysis is a perfect complement when working with Tourmaline Bio Valuation or Volatility modules.
  
Check out the analysis of Tourmaline Bio Correlation against competitors.
For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.

Latest Tourmaline Bio's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Tourmaline Bio over the last few years. Total Current Liabilities is an item on Tourmaline Bio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tourmaline Bio are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. Tourmaline Bio's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tourmaline Bio's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Pretty Stable
   Total Current Liabilities   
       Timeline  

Tourmaline Total Current Liabilities Regression Statistics

Arithmetic Mean2,386,061
Geometric Mean2,147,228
Coefficient Of Variation40.66
Mean Deviation531,165
Median2,291,000
Standard Deviation970,239
Sample Variance941.4B
Range4.6M
R-Value0.17
Mean Square Error984B
R-Squared0.03
Significance0.54
Slope37,212
Total Sum of Squares13.2T

Tourmaline Total Current Liabilities History

20242.7 M
2023M
20221.4 M
2021376 K
20203.4 M

About Tourmaline Bio Financial Statements

Tourmaline Bio investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Tourmaline Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current LiabilitiesM2.7 M

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When determining whether Tourmaline Bio is a strong investment it is important to analyze Tourmaline Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tourmaline Bio's future performance. For an informed investment choice regarding Tourmaline Stock, refer to the following important reports:
Check out the analysis of Tourmaline Bio Correlation against competitors.
For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tourmaline Bio. If investors know Tourmaline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tourmaline Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.49)
Return On Assets
(0.24)
Return On Equity
(0.32)
The market value of Tourmaline Bio is measured differently than its book value, which is the value of Tourmaline that is recorded on the company's balance sheet. Investors also form their own opinion of Tourmaline Bio's value that differs from its market value or its book value, called intrinsic value, which is Tourmaline Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tourmaline Bio's market value can be influenced by many factors that don't directly affect Tourmaline Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tourmaline Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.