Titan Historical Balance Sheet

TI Stock  CAD 0.31  0.03  10.71%   
Trend analysis of Titan Mining Corp balance sheet accounts such as Other Stockholder Equity of 5.6 M, Total Current Assets of 12.2 M, Common Stock of 50.6 M or Short Long Term Debt Total of 4 M provides information on Titan Mining's total assets, liabilities, and equity, which is the actual value of Titan Mining Corp to its prevalent stockholders. By breaking down trends over time using Titan Mining 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 Titan Mining Corp 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 Titan Mining Corp is a good buy for the upcoming year.

Titan Mining Inventory

3.73 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Mining Corp. 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 Titan Balance Sheet Analysis

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

Titan Mining Balance Sheet Chart

At this time, Titan Mining's Net Tangible Assets are very stable compared to the past year. As of the 22nd of December 2024, Property Plant And Equipment Net is likely to grow to about 55.4 M, though Total Stockholder Equity is likely to grow to (2.2 M).

Total Assets

Total assets refers to the total amount of Titan Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Titan Mining Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Titan Mining Corp, which is listed under current asset account on Titan Mining Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Titan Mining customers. The amounts must be unrestricted with restricted cash listed in a different Titan Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Titan Mining Corp balance sheet. This account contains Titan Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Titan Mining Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from Titan Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Titan Mining Corp 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 Titan Mining Corp. 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, Titan Mining's Net Tangible Assets are very stable compared to the past year. As of the 22nd of December 2024, Property Plant And Equipment Net is likely to grow to about 55.4 M, though Total Stockholder Equity is likely to grow to (2.2 M).
 2023 2024 (projected)
Common Stock59.8M50.6M
Total Current Assets15.2M12.2M

Titan Mining balance sheet Correlations

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0.560.17-0.29-0.310.520.060.480.93-0.35-0.010.42-0.080.760.72-0.480.490.760.350.150.610.650.820.460.570.79
0.50.69-0.290.950.070.850.560.05-0.11-0.20.250.830.150.25-0.290.380.150.060.350.24-0.130.180.170.180.03
0.510.69-0.310.950.220.860.51-0.01-0.09-0.20.190.770.090.17-0.230.310.090.040.290.18-0.170.120.110.13-0.04
0.670.080.520.070.220.560.640.470.260.330.750.010.430.62-0.720.360.42-0.210.640.670.740.510.740.580.71
0.780.610.060.850.860.560.820.320.03-0.040.630.70.380.56-0.640.560.38-0.020.680.630.330.480.570.540.43
0.960.580.480.560.510.640.820.640.030.240.80.650.80.92-0.880.850.79-0.090.740.780.590.680.780.670.8
0.70.420.930.05-0.010.470.320.64-0.48-0.170.470.190.80.78-0.540.590.810.470.20.690.590.930.480.630.78
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0.15-0.4-0.01-0.2-0.20.33-0.040.24-0.170.840.47-0.10.240.32-0.520.130.23-0.910.470.090.41-0.270.440.030.4
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0.660.89-0.080.830.770.010.70.650.19-0.26-0.10.160.460.44-0.280.670.460.130.270.19-0.210.20.150.150.11
0.850.50.760.150.090.430.380.80.8-0.170.240.510.460.93-0.690.861.00.070.350.630.50.70.510.570.82
0.910.420.720.250.170.620.560.920.780.020.320.780.440.93-0.890.860.93-0.070.650.810.710.760.770.720.94
-0.78-0.12-0.48-0.29-0.23-0.72-0.64-0.88-0.54-0.4-0.52-0.95-0.28-0.69-0.89-0.67-0.680.39-0.87-0.84-0.85-0.6-0.92-0.72-0.91
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0.850.510.760.150.090.420.380.790.81-0.180.230.50.461.00.93-0.680.860.080.350.630.50.70.50.570.81
0.040.490.350.060.04-0.21-0.02-0.090.47-0.96-0.91-0.390.130.07-0.070.390.050.08-0.480.02-0.260.46-0.310.06-0.16
0.590.040.150.350.290.640.680.740.20.550.470.930.270.350.65-0.870.50.35-0.480.770.730.370.890.690.67
0.720.190.610.240.180.670.630.780.690.080.090.840.190.630.81-0.840.620.630.020.770.850.840.810.960.85
0.5-0.240.65-0.13-0.170.740.330.590.590.370.410.88-0.210.50.71-0.850.380.5-0.260.730.850.660.870.760.9
0.70.390.820.180.120.510.480.680.93-0.4-0.270.570.20.70.76-0.60.620.70.460.370.840.660.570.790.77
0.650.020.460.170.110.740.570.780.480.380.440.950.150.510.77-0.920.580.5-0.310.890.810.870.570.650.84
0.630.180.570.180.130.580.540.670.630.040.030.730.150.570.72-0.720.510.570.060.690.960.760.790.650.76
0.760.110.790.03-0.040.710.430.80.780.160.40.860.110.820.94-0.910.670.81-0.160.670.850.90.770.840.76
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Titan Mining Account Relationship Matchups

Titan Mining balance sheet Accounts

201920202021202220232024 (projected)
Total Assets78.5M78.9M77.6M66.0M52.8M58.0M
Total Stockholder Equity25.2M17.6M17.0M10.5M(2.3M)(2.2M)
Net Debt30.0M30.2M29.3M23.5M(831K)(789.5K)
Cash1.7M7.5M6.0M6.7M5.0M6.0M
Cash And Short Term Investments1.7M7.5M6.0M6.7M5.0M6.9M
Liabilities And Stockholders Equity78.5M78.9M77.6M66.0M52.8M58.0M
Other Stockholder Equity5.0M6.7M7.8M8.8M9.8M5.6M
Total Current Assets5.8M13.0M17.5M17.6M15.2M12.2M
Common Stock51.8M51.9M56.7M61.1M59.8M50.6M
Short Long Term Debt Total31.7M37.7M35.3M30.2M4.2M4.0M
Total Current Liabilities27.0M16.1M6.7M10.3M38.7M40.7M
Other Liab15.7M16.1M18.1M19.1M22.0M17.9M
Net Tangible Assets27.2M25.2M17.6M17.0M15.3M18.5M
Property Plant And Equipment Net71.0M64.2M58.1M46.4M36.9M55.4M
Current Deferred Revenue(4.7M)436K1.1M(492K)(565.8K)(594.1K)
Retained Earnings(36.5M)(50.2M)(51.9M)(57.1M)(68.3M)(64.9M)
Accounts Payable4.4M4.4M4.1M4.6M2.9M4.5M
Non Current Assets Total72.7M65.9M60.1M48.4M37.5M57.2M
Non Currrent Assets Other1.7M1.8M2.1M2.0M672K638.4K
Other Assets1.7M1.8M2.1M2.0M2.3M2.0M
Net Receivables653K1.3M3.2M2.2M1.5M1.4M
Common Stock Shares Outstanding102.0M107.7M127.3M139.0M137.6M126.6M
Long Term Debt Total10.2M27.0M34.8M30.0M34.4M18.5M
Non Current Liabilities Total26.3M45.1M53.9M45.2M16.3M15.5M
Inventory2.6M3.1M3.9M6.9M7.2M3.7M
Other Current Assets791K1.1M4.3M1.7M1.5M1.5M
Total Liab53.3M61.3M60.6M55.5M55.0M52.2M
Property Plant And Equipment Gross71.0M64.2M87.8M88.0M91.4M72.7M
Short Long Term Debt21.3M10.2M95K8K4.1M4.6M
Accumulated Other Comprehensive Income5.0M6.7M7.8M6.5M(3.5M)(3.4M)
Short Term Debt21.5M10.7M425K104K4.2M4.9M
Property Plant Equipment71.0M64.2M58.1M46.4M53.3M57.5M
Net Invested Capital56.5M54.5M51.7M40.4M1.9M1.8M
Net Working Capital(21.2M)(3.2M)10.8M7.3M(23.5M)(22.3M)
Long Term Debt10.0M26.7M34.6M29.9M34.3M25.7M

Pair Trading with Titan Mining

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 Titan Mining 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 Titan Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against Titan Stock

  0.54PGDC Patagonia Gold CorpPairCorr
The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining 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 Titan Mining - 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 Titan Mining Corp to buy it.
The correlation of Titan Mining 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 Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining Corp 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 Titan Mining 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 CorrelationCorrelation Matching

Other Information on Investing in Titan Stock

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