TI1 Stock | | | 0.35 0.00 0.00% |
Tombador Iron financial indicator trend analysis is much more than just breaking down Tombador Iron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tombador Iron is a good investment. Please check the relationship between Tombador Iron Good Will and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tombador Iron. 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.
Good Will vs Other Stockholder Equity
Good Will vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tombador Iron Good Will account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tombador Iron's Good Will and Other Stockholder Equity is -0.56. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Tombador Iron, assuming nothing else is changed. The correlation between historical values of Tombador Iron's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Tombador Iron are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Tombador Iron's Good Will and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Other Stockholder Equity
Most indicators from Tombador Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tombador Iron 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 Tombador Iron. 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.
At this time, Tombador Iron's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 431.4
K in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
Tombador Iron fundamental ratios Correlations
Click cells to compare fundamentals
Tombador Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tombador Iron fundamental ratios Accounts
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Additional Tools for Tombador Stock Analysis
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measure Tombador Iron'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 Tombador Iron is operating at the current time. Most of Tombador Iron's value examination focuses on studying past and present price action to
predict the probability of Tombador Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tombador Iron's price. Additionally, you may evaluate how the addition of Tombador Iron to your portfolios can decrease your overall portfolio volatility.