International Total Stockholder Equity vs Retained Earnings Analysis

ITH Stock

CAD 0.67 0.01 1.47%

International Tower financial indicator trend analysis is infinitely more than just investigating International Tower Hill recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Tower Hill is a good investment. Please check the relationship between International Tower Total Stockholder Equity and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Tower Hill Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between International Tower's Total Stockholder Equity and Retained Earnings is -0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of International Tower Hill, assuming nothing else is changed. The correlation between historical values of International Tower's Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of International Tower Hill are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., International Tower's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from International Tower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Tower Hill 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 21st of December 2024, Enterprise Value is likely to grow to about 83 M, while Selling General Administrative is likely to drop about 818.4 K.

	2023	2024 (projected)
Interest Income	97.1K	92.3K
Research Development	2.2M	2.0M

Interest Income Research Development

International Tower fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Property Plant And Equipment Gross	Other Liab	Net Tangible Assets
Total Assets		0.89	0.74	0.56	0.21	0.42	0.43	0.67	0.78	0.59	0.51	0.54	0.75	-0.11	-0.78	-0.48	0.64	0.78	0.78	0.64	0.71	0.56	0.71	-0.1	0.1	-0.02
Total Stockholder Equity	0.89		0.87	0.81	0.61	0.09	0.66	0.27	0.49	0.84	0.31	0.33	0.87	0.0	-0.5	-0.74	0.35	0.5	0.5	0.36	0.46	0.16	0.74	0.17	-0.14	0.35
Non Current Assets Total	0.74	0.87		0.93	0.69	-0.07	0.78	0.2	0.22	0.92	0.13	0.13	1.0	0.13	-0.22	-0.88	0.17	0.22	0.22	0.07	0.18	0.17	0.78	0.14	-0.16	0.25
Common Stock Total Equity	0.56	0.81	0.93		0.84	-0.28	0.91	-0.13	-0.04	0.99	-0.02	-0.02	0.94	0.3	0.04	-0.98	-0.05	-0.04	-0.04	-0.15	-0.04	-0.15	0.6	0.41	-0.45	0.53
Common Stock Shares Outstanding	0.21	0.61	0.69	0.84		-0.48	0.69	-0.5	-0.28	0.82	-0.25	-0.26	0.69	0.19	0.28	-0.82	-0.28	-0.28	-0.28	-0.32	-0.24	-0.48	0.48	0.49	-0.38	0.67
Other Current Assets	0.42	0.09	-0.07	-0.28	-0.48		-0.4	0.74	0.73	-0.29	0.29	0.35	-0.07	-0.02	-0.73	0.38	0.9	0.73	0.73	0.86	0.83	0.73	-0.02	-0.32	0.37	-0.38
Other Stockholder Equity	0.43	0.66	0.78	0.91	0.69	-0.4		-0.21	-0.22	0.94	-0.12	-0.13	0.8	0.29	0.22	-0.97	-0.19	-0.22	-0.22	-0.33	-0.22	-0.2	0.45	0.45	-0.61	0.48
Total Liab	0.67	0.27	0.2	-0.13	-0.5	0.74	-0.21		0.86	-0.11	0.58	0.62	0.19	-0.29	-0.86	0.2	0.78	0.86	0.86	0.77	0.77	0.92	0.37	-0.53	0.54	-0.63
Total Current Assets	0.78	0.49	0.22	-0.04	-0.28	0.73	-0.22	0.86		-0.02	0.67	0.71	0.21	-0.29	-1.0	0.17	0.82	1.0	1.0	0.91	0.92	0.7	0.4	-0.36	0.48	-0.3
Common Stock	0.59	0.84	0.92	0.99	0.82	-0.29	0.94	-0.11	-0.02		0.0	-0.01	0.93	0.2	0.02	-0.99	-0.04	-0.02	-0.02	-0.15	-0.04	-0.13	0.64	0.39	-0.43	0.5
Other Current Liab	0.51	0.31	0.13	-0.02	-0.25	0.29	-0.12	0.58	0.67	0.0		1.0	0.12	-0.18	-0.68	0.09	0.36	0.68	0.67	0.44	0.45	0.21	0.24	-0.33	0.2	-0.06
Total Current Liabilities	0.54	0.33	0.13	-0.02	-0.26	0.35	-0.13	0.62	0.71	-0.01	1.0		0.13	-0.19	-0.72	0.1	0.43	0.72	0.72	0.5	0.5	0.27	0.25	-0.33	0.23	-0.08
Property Plant And Equipment Net	0.75	0.87	1.0	0.94	0.69	-0.07	0.8	0.19	0.21	0.93	0.12	0.13		0.14	-0.21	-0.89	0.16	0.21	0.21	0.07	0.18	0.17	0.77	0.16	-0.19	0.26
Current Deferred Revenue	-0.11	0.0	0.13	0.3	0.19	-0.02	0.29	-0.29	-0.29	0.2	-0.18	-0.19	0.14		0.3	-0.24	-0.16	-0.3	-0.3	-0.14	-0.09	-0.26	-0.52	0.6	-0.77	0.51
Net Debt	-0.78	-0.5	-0.22	0.04	0.28	-0.73	0.22	-0.86	-1.0	0.02	-0.68	-0.72	-0.21	0.3		-0.16	-0.82	-1.0	-1.0	-0.91	-0.91	-0.7	-0.4	0.36	-0.48	0.3
Retained Earnings	-0.48	-0.74	-0.88	-0.98	-0.82	0.38	-0.97	0.2	0.17	-0.99	0.09	0.1	-0.89	-0.24	-0.16		0.15	0.17	0.17	0.28	0.17	0.2	-0.57	-0.43	0.49	-0.51
Accounts Payable	0.64	0.35	0.17	-0.05	-0.28	0.9	-0.19	0.78	0.82	-0.04	0.36	0.43	0.16	-0.16	-0.82	0.15		0.82	0.82	0.88	0.87	0.75	0.26	-0.22	0.39	-0.33
Cash	0.78	0.5	0.22	-0.04	-0.28	0.73	-0.22	0.86	1.0	-0.02	0.68	0.72	0.21	-0.3	-1.0	0.17	0.82		1.0	0.91	0.91	0.7	0.4	-0.37	0.48	-0.3
Cash And Short Term Investments	0.78	0.5	0.22	-0.04	-0.28	0.73	-0.22	0.86	1.0	-0.02	0.67	0.72	0.21	-0.3	-1.0	0.17	0.82	1.0		0.91	0.91	0.7	0.4	-0.37	0.48	-0.3
Net Receivables	0.64	0.36	0.07	-0.15	-0.32	0.86	-0.33	0.77	0.91	-0.15	0.44	0.5	0.07	-0.14	-0.91	0.28	0.88	0.91	0.91		0.99	0.7	0.18	-0.26	0.37	-0.35
Short Term Investments	0.71	0.46	0.18	-0.04	-0.24	0.83	-0.22	0.77	0.92	-0.04	0.45	0.5	0.18	-0.09	-0.91	0.17	0.87	0.91	0.91	0.99		0.69	0.24	-0.22	0.3	-0.29
Non Current Liabilities Total	0.56	0.16	0.17	-0.15	-0.48	0.73	-0.2	0.92	0.7	-0.13	0.21	0.27	0.17	-0.26	-0.7	0.2	0.75	0.7	0.7	0.7	0.69		0.33	-0.48	0.55	-0.73
Inventory	0.71	0.74	0.78	0.6	0.48	-0.02	0.45	0.37	0.4	0.64	0.24	0.25	0.77	-0.52	-0.4	-0.57	0.26	0.4	0.4	0.18	0.24	0.33		-0.28	0.38	-0.12
Property Plant And Equipment Gross	-0.1	0.17	0.14	0.41	0.49	-0.32	0.45	-0.53	-0.36	0.39	-0.33	-0.33	0.16	0.6	0.36	-0.43	-0.22	-0.37	-0.37	-0.26	-0.22	-0.48	-0.28		-0.71	0.67
Other Liab	0.1	-0.14	-0.16	-0.45	-0.38	0.37	-0.61	0.54	0.48	-0.43	0.2	0.23	-0.19	-0.77	-0.48	0.49	0.39	0.48	0.48	0.37	0.3	0.55	0.38	-0.71		-0.66
Net Tangible Assets	-0.02	0.35	0.25	0.53	0.67	-0.38	0.48	-0.63	-0.3	0.5	-0.06	-0.08	0.26	0.51	0.3	-0.51	-0.33	-0.3	-0.3	-0.35	-0.29	-0.73	-0.12	0.67	-0.66

Click cells to compare fundamentals

International Tower Account Relationship Matchups

International Tower fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	62.6M	68.6M	63.3M	60.4M	57.4M	61.2M
Total Stockholder Equity	62.2M	68.1M	62.7M	60.1M	57.1M	55.3M
Non Current Assets Total	55.3M	55.4M	55.4M	55.4M	63.7M	42.2M
Common Stock Total Equity	265.6M	277.9M	278.2M	288.0M	331.2M	254.5M
Common Stock Shares Outstanding	187.4M	189.9M	194.9M	195.2M	195.6M	101.6M
Liabilities And Stockholders Equity	62.6M	68.6M	63.3M	60.4M	57.4M	61.2M
Other Current Assets	238.6K	162.1K	141.7K	152.6K	304.7K	239.7K
Other Stockholder Equity	35.1M	35.5M	36.0M	36.3M	36.3M	45.4M
Total Liab	335.8K	493.0K	579.9K	288.4K	235.0K	223.2K
Total Current Assets	7.2M	13.2M	7.9M	5.0M	2.0M	1.9M
Common Stock	277.9M	278.2M	288.0M	288.5M	288.9M	268.0M
Other Current Liab	317.3K	294.0K	320.2K	234.8K	142.1K	135.0K
Total Current Liabilities	335.8K	493.0K	579.9K	288.4K	235.0K	223.2K
Property Plant And Equipment Net	55.3M	55.4M	55.4M	55.4M	63.7M	44.1M
Net Debt	(6.9M)	(13.0M)	(7.8M)	(4.8M)	(1.7M)	(1.8M)
Retained Earnings	(252.6M)	(257.1M)	(263.1M)	(266.2M)	(269.6M)	(256.1M)
Accounts Payable	18.4K	199.0K	259.6K	53.5K	92.9K	88.2K
Cash	6.9M	13.0M	7.8M	4.8M	1.7M	1.6M
Cash And Short Term Investments	6.9M	13.0M	7.8M	4.8M	1.7M	1.6M
Property Plant And Equipment Gross	20.8K	17.8K	15.4K	55.4M	63.7M	66.9M
Accumulated Other Comprehensive Income	1.6M	1.8M	1.8M	1.5M	1.5M	1.6M
Net Tangible Assets	62.2M	68.1M	62.7M	60.1M	69.1M	65.1M
Property Plant Equipment	55.4M	55.4M	55.4M	55.4M	63.7M	60.8M
Capital Surpluse	35.1M	35.5M	36.0M	36.3M	41.7M	38.5M
Cash And Equivalents	6.9M	13.0M	7.8M	4.8M	4.4M	7.7M
Net Invested Capital	62.2M	68.1M	62.7M	60.1M	57.1M	49.4M
Net Working Capital	6.8M	12.7M	7.3M	4.7M	1.8M	1.7M

Pair Trading with International Tower

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Tower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Tower will appreciate offsetting losses from the drop in the long position's value.

Moving together with International Stock

0.67	ORE	Orezone Gold Corp	Pair Corr
0.68	INFM	Infinico Metals Corp	Pair Corr

Moving against International Stock

0.67	ARX	ARC Resources	Pair Corr
0.54	WMT	Walmart Inc CDR	Pair Corr
0.53	AMZN	Amazon CDR	Pair Corr
0.38	GOOG	Alphabet CDR	Pair Corr
0.37	BRK	Berkshire Hathaway CDR	Pair Corr

The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Tower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Tower Hill to buy it.

The correlation of International Tower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for International Tower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether International Tower Hill is a strong investment it is important to analyze International Tower'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 International Tower's future performance. For an informed investment choice regarding International Stock, refer to the following important reports:

How To Invest In International

Details

Is International Stock a good investment?

Details

What is International Tower's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Please note, there is a significant difference between International Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Tower'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

International Total Stockholder Equity vs Retained Earnings Analysis

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Retained Earnings

International Tower fundamental ratios Correlations

International Tower Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Tower fundamental ratios Accounts

Pair Trading with International Tower

Moving together with International Stock

Moving against International Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Cash	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Total Equity

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Current Assets
Retained Earnings	- 0.99	Common Stock
Retained Earnings	- 0.98	Common Stock Total Equity
Retained Earnings	- 0.97	Other Stockholder Equity