Titan Payout Ratio vs Ev To Sales Analysis
TI Stock | CAD 0.31 0.03 10.71% |
Titan Mining financial indicator trend analysis is much more than just breaking down Titan Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Mining Corp is a good investment. Please check the relationship between Titan Mining Payout Ratio and its Ev To Sales accounts. 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.
Payout Ratio vs Ev To Sales
Payout Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Mining Corp Payout Ratio account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Titan Mining's Payout Ratio and Ev To Sales is -0.41. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Titan Mining Corp, assuming nothing else is changed. The correlation between historical values of Titan Mining's Payout Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Titan Mining Corp are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Payout Ratio i.e., Titan Mining's Payout Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Payout Ratio
Payout Ratio is the proportion of Titan Mining Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Titan Mining Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Titan Mining Corp is paying out more in dividends than it makes in net income.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Titan Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Tax Provision is likely to drop about 13.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 11.9M | 12.3M | 13.0M | 6.8M | Interest Income | 10K | 155K | 234K | 312.6K |
Titan Mining fundamental ratios Correlations
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Titan Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.5M | 78.9M | 77.6M | 66.0M | 52.8M | 58.0M | |
Total Stockholder Equity | 25.2M | 17.6M | 17.0M | 10.5M | (2.3M) | (2.2M) | |
Net Debt | 30.0M | 30.2M | 29.3M | 23.5M | (831K) | (789.5K) | |
Cash | 1.7M | 7.5M | 6.0M | 6.7M | 5.0M | 6.0M | |
Cash And Short Term Investments | 1.7M | 7.5M | 6.0M | 6.7M | 5.0M | 6.9M | |
Liabilities And Stockholders Equity | 78.5M | 78.9M | 77.6M | 66.0M | 52.8M | 58.0M | |
Other Stockholder Equity | 5.0M | 6.7M | 7.8M | 8.8M | 9.8M | 5.6M | |
Total Current Assets | 5.8M | 13.0M | 17.5M | 17.6M | 15.2M | 12.2M | |
Common Stock | 51.8M | 51.9M | 56.7M | 61.1M | 59.8M | 50.6M | |
Short Long Term Debt Total | 31.7M | 37.7M | 35.3M | 30.2M | 4.2M | 4.0M | |
Total Current Liabilities | 27.0M | 16.1M | 6.7M | 10.3M | 38.7M | 40.7M | |
Other Liab | 15.7M | 16.1M | 18.1M | 19.1M | 22.0M | 17.9M | |
Net Tangible Assets | 27.2M | 25.2M | 17.6M | 17.0M | 15.3M | 18.5M | |
Property Plant And Equipment Net | 71.0M | 64.2M | 58.1M | 46.4M | 36.9M | 55.4M | |
Current Deferred Revenue | (4.7M) | 436K | 1.1M | (492K) | (565.8K) | (594.1K) | |
Retained Earnings | (36.5M) | (50.2M) | (51.9M) | (57.1M) | (68.3M) | (64.9M) | |
Accounts Payable | 4.4M | 4.4M | 4.1M | 4.6M | 2.9M | 4.5M | |
Non Current Assets Total | 72.7M | 65.9M | 60.1M | 48.4M | 37.5M | 57.2M | |
Non Currrent Assets Other | 1.7M | 1.8M | 2.1M | 2.0M | 672K | 638.4K | |
Other Assets | 1.7M | 1.8M | 2.1M | 2.0M | 2.3M | 2.0M | |
Net Receivables | 653K | 1.3M | 3.2M | 2.2M | 1.5M | 1.4M | |
Common Stock Shares Outstanding | 102.0M | 107.7M | 127.3M | 139.0M | 137.6M | 126.6M | |
Long Term Debt Total | 10.2M | 27.0M | 34.8M | 30.0M | 34.4M | 18.5M | |
Non Current Liabilities Total | 26.3M | 45.1M | 53.9M | 45.2M | 16.3M | 15.5M | |
Inventory | 2.6M | 3.1M | 3.9M | 6.9M | 7.2M | 3.7M | |
Other Current Assets | 791K | 1.1M | 4.3M | 1.7M | 1.5M | 1.5M | |
Total Liab | 53.3M | 61.3M | 60.6M | 55.5M | 55.0M | 52.2M | |
Property Plant And Equipment Gross | 71.0M | 64.2M | 87.8M | 88.0M | 91.4M | 72.7M | |
Short Long Term Debt | 21.3M | 10.2M | 95K | 8K | 4.1M | 4.6M | |
Accumulated Other Comprehensive Income | 5.0M | 6.7M | 7.8M | 6.5M | (3.5M) | (3.4M) | |
Short Term Debt | 21.5M | 10.7M | 425K | 104K | 4.2M | 4.9M | |
Property Plant Equipment | 71.0M | 64.2M | 58.1M | 46.4M | 53.3M | 57.5M | |
Net Invested Capital | 56.5M | 54.5M | 51.7M | 40.4M | 1.9M | 1.8M | |
Net Working Capital | (21.2M) | (3.2M) | 10.8M | 7.3M | (23.5M) | (22.3M) | |
Long Term Debt | 10.0M | 26.7M | 34.6M | 29.9M | 34.3M | 25.7M |
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
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.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.