True North Financials
| TNC Stock | 0.03 0.00 0.00% |
Operating Margin (3.62) | Return On Equity (0.67) |
True | Select Account or Indicator |
Please note, the imprecision that can be found in True North's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of True North Copper. Check True North's Beneish M Score to see the likelihood of True North's management manipulating its earnings.
True North Stock Summary
True North competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, and De Grey. True North is entity of Australia. It is traded as Stock on AU exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Materials |
| Instrument | Australia Stock View All |
| Exchange | Australian Securities Exchange |
| ISIN | AU0000107674 |
| Business Address | Great Australia Mine, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | truenorthcopper.com.au |
| Phone | 61 7 4031 0644 |
You should never invest in True North without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of True Stock, because this is throwing your money away. Analyzing the key information contained in True North's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
True North Key Financial Ratios
True North's financial ratios allow both analysts and investors to convert raw data from True North's financial statements into concise, actionable information that can be used to evaluate the performance of True North over time and compare it to other companies across industries.| Revenue | 1.5 M | ||||
| Gross Profit | 754.13 K | ||||
| EBITDA | (18.48 M) | ||||
| Net Income | (34.05 M) | ||||
| Total Asset | 75.3 M |
True North Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Tangible Assets | 2.7M | 15.8M | (3.7M) | 29.6M | 34.0M | 35.7M | |
| Retained Earnings | (884.9K) | (2.3M) | (3.7M) | (37.8M) | (34.0M) | (32.3M) | |
| Accounts Payable | 339.7K | 1.1M | 286.5K | 5.4M | 6.2M | 6.5M | |
| Net Receivables | 26.2K | 314.6K | 356.6K | 502.4K | 577.8K | 606.7K | |
| Total Current Assets | 1.7M | 9.6M | 1.1M | 6.7M | 7.8M | 4.4M | |
| Common Stock | 3.6M | 17.7M | 100.0 | 67.0M | 77.1M | 80.9M |
True North Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ebit | (431.4K) | (1.3M) | (444.6K) | (6.8M) | (6.1M) | (5.8M) | |
| Net Income Applicable To Common Shares | (430.5K) | (1.4M) | (4.0M) | (34.0M) | (30.6M) | (29.1M) |
True North Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 942.2K | 4.8M | 58.3K | 3.4M | 4.0M | 2.1M | |
| Capital Expenditures | 945.8K | 5.4M | 1.1M | 8.9M | 10.2M | 10.8M | |
| Net Income | (430.5K) | (1.4M) | (4.0M) | (34.0M) | (30.6M) | (29.1M) |
True Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining True North's current stock value. Our valuation model uses many indicators to compare True North value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across True North competition to find correlations between indicators driving True North's intrinsic value. More Info.True North Copper is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the True North's earnings, one of the primary drivers of an investment's value.True North Copper Systematic Risk
True North's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. True North volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on True North Copper correlated with the market. If Beta is less than 0 True North generally moves in the opposite direction as compared to the market. If True North Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one True North Copper is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of True North is generally in the same direction as the market. If Beta > 1 True North moves generally in the same direction as, but more than the movement of the benchmark.
True North Copper Total Current Liabilities Over Time
True North December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of True North help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of True North Copper. We use our internally-developed statistical techniques to arrive at the intrinsic value of True North Copper based on widely used predictive technical indicators. In general, we focus on analyzing True Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build True North's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 3.7 |
Additional Tools for True Stock Analysis
When running True North's price analysis, check to measure True North's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.