TGS Inventory vs Long Term Debt Analysis
| TGS Stock | CAD 0.06 0.00 0.00% |
TGS Esports financial indicator trend analysis is much more than just breaking down TGS Esports prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TGS Esports is a good investment. Please check the relationship between TGS Esports Inventory and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TGS Esports. 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TGS Esports Inventory account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TGS Esports' Inventory and Long Term Debt is 0.55. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of TGS Esports, assuming nothing else is changed. The correlation between historical values of TGS Esports' Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of TGS Esports are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., TGS Esports' Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Inventory
Long Term Debt
Long-term debt is a debt that TGS Esports has held for over one year. Long-term debt appears on TGS Esports balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on TGS Esports balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from TGS Esports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TGS Esports 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 TGS Esports. 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. Issuance Of Capital Stock is likely to climb to about 4.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 M in 2024.
| 2010 | 2020 | 2023 | 2024 (projected) | Total Operating Expenses | 2.2M | 4.2M | 4.9M | 3.5M | Cost Of Revenue | 324.3K | 112.6K | 101.4K | 174.8K |
TGS Esports fundamental ratios Correlations
Click cells to compare fundamentals
TGS Esports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for TGS Stock Analysis
When running TGS Esports' price analysis, check to measure TGS Esports' 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 TGS Esports is operating at the current time. Most of TGS Esports' value examination focuses on studying past and present price action to predict the probability of TGS Esports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS Esports' price. Additionally, you may evaluate how the addition of TGS Esports to your portfolios can decrease your overall portfolio volatility.