Tombador Short Term Debt vs Net Debt Analysis

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 Short Term Debt and its Net Debt 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.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tombador Iron Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
Short Term DebtNet DebtDiversified AwayShort Term DebtNet DebtDiversified Away100%
The correlation between Tombador Iron's Short Term Debt and Net Debt is -0.4. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt 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 Short Term Debt and Net 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 Short Term Debt of Tombador Iron are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Tombador Iron's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

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.
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.
 2022 2023 2024 (projected)
Total Operating Expenses1.8M1.6M1.5M
Cost Of Revenue33.4M38.5M40.4M

Tombador Iron fundamental ratios Correlations

0.320.120.860.71-0.84-0.120.940.920.890.380.710.060.460.990.38-0.220.810.190.75-0.21-0.280.830.950.670.76
0.32-0.890.730.22-0.28-0.970.310.270.340.210.310.16-0.660.320.40.040.38-0.050.550.19-0.260.320.240.290.19
0.12-0.89-0.380.1-0.120.970.140.140.06-0.12-0.04-0.030.930.12-0.17-0.12-0.060.16-0.25-0.210.150.020.190.00.12
0.860.73-0.380.63-0.72-0.590.810.80.770.360.630.06-0.020.860.42-0.150.750.140.83-0.08-0.30.720.80.560.6
0.710.220.10.63-0.63-0.080.680.760.550.110.330.090.370.680.370.040.60.320.41-0.23-0.160.470.740.250.4
-0.84-0.28-0.12-0.72-0.630.09-0.96-0.81-0.91-0.02-0.540.0-0.41-0.82-0.240.26-0.61-0.23-0.680.280.23-0.68-0.8-0.4-0.59
-0.12-0.970.97-0.59-0.080.09-0.1-0.09-0.14-0.16-0.17-0.120.81-0.11-0.3-0.09-0.220.1-0.41-0.230.2-0.15-0.05-0.15-0.02
0.940.310.140.810.68-0.96-0.10.870.930.160.610.070.460.930.33-0.210.730.220.71-0.23-0.240.760.910.540.69
0.920.270.140.80.76-0.81-0.090.870.720.130.45-0.030.480.860.31-0.20.560.230.67-0.13-0.090.590.940.370.46
0.890.340.060.770.55-0.91-0.140.930.720.410.820.060.350.90.35-0.220.840.130.71-0.28-0.410.920.770.730.86
0.380.21-0.120.360.11-0.02-0.160.160.130.410.83-0.08-0.040.40.31-0.020.67-0.090.33-0.17-0.430.730.160.780.72
0.710.31-0.040.630.33-0.54-0.170.610.450.820.83-0.030.150.720.36-0.210.850.010.63-0.28-0.570.980.480.890.93
0.060.16-0.030.060.090.0-0.120.07-0.030.06-0.08-0.030.010.110.350.320.180.1-0.130.48-0.220.030.080.360.06
0.46-0.660.93-0.020.37-0.410.810.460.480.35-0.040.150.010.46-0.01-0.160.210.210.03-0.230.090.260.550.180.33
0.990.320.120.860.68-0.82-0.110.930.860.90.40.720.110.460.38-0.210.850.210.74-0.22-0.290.840.940.70.8
0.380.4-0.170.420.37-0.24-0.30.330.310.350.310.360.35-0.010.38-0.110.41-0.170.390.35-0.50.370.340.410.36
-0.220.04-0.12-0.150.040.26-0.09-0.21-0.2-0.22-0.02-0.210.32-0.16-0.21-0.110.03-0.16-0.680.280.49-0.18-0.14-0.04-0.25
0.810.38-0.060.750.6-0.61-0.220.730.560.840.670.850.180.210.850.410.030.120.55-0.24-0.420.910.670.840.91
0.19-0.050.160.140.32-0.230.10.220.230.13-0.090.010.10.210.21-0.17-0.160.120.18-0.50.230.070.21-0.020.08
0.750.55-0.250.830.41-0.68-0.410.710.670.710.330.63-0.130.030.740.39-0.680.550.18-0.22-0.550.670.630.470.62
-0.210.19-0.21-0.08-0.230.28-0.23-0.23-0.13-0.28-0.17-0.280.48-0.23-0.220.350.28-0.24-0.5-0.22-0.1-0.29-0.15-0.04-0.33
-0.28-0.260.15-0.3-0.160.230.2-0.24-0.09-0.41-0.43-0.57-0.220.09-0.29-0.50.49-0.420.23-0.55-0.1-0.51-0.07-0.53-0.56
0.830.320.020.720.47-0.68-0.150.760.590.920.730.980.030.260.840.37-0.180.910.070.67-0.29-0.510.640.890.95
0.950.240.190.80.74-0.8-0.050.910.940.770.160.480.080.550.940.34-0.140.670.210.63-0.15-0.070.640.480.58
0.670.290.00.560.25-0.4-0.150.540.370.730.780.890.360.180.70.41-0.040.84-0.020.47-0.04-0.530.890.480.88
0.760.190.120.60.4-0.59-0.020.690.460.860.720.930.060.330.80.36-0.250.910.080.62-0.33-0.560.950.580.88
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Tombador Iron Account Relationship Matchups

Tombador Iron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3M44.3M55.4M52.0M14.4M19.9M
Other Current Liab(668.6K)2.8M3.8M2.0M2.3M2.4M
Total Current Liabilities1.6M8.1M9.8M6.6M1.2M1.1M
Total Stockholder Equity(312.1K)28.8M35.0M36.3M13.2M6.8M
Net Debt(240.9K)(19.6M)(18.7M)(4.9M)(4.4M)(4.1M)
Accounts Payable1.1M2.2M3.2M1.7M92.4K87.8K
Cash240.9K24.7M29.4M14.2M8.6M5.2M
Non Current Assets Total103.8K19.3M14.8M17.8M13.6K12.9K
Cash And Short Term Investments240.9K24.7M29.4M14.2M16.3M17.1M
Net Receivables759.3K193.9K368.0K6.0M5.4M5.7M
Liabilities And Stockholders Equity1.3M44.3M55.4M52.0M59.8M62.8M
Inventory(96.0K)(399.1K)9.8M13.9M16.0M16.8M
Other Current Assets612.6K110.7K946.1K175.5K201.8K399.5K
Total Liab1.6M15.6M20.4M15.8M1.2M1.1M
Total Current Assets1.2M25.0M40.6M34.3M14.4M11.0M
Common Stock53.4M55.9M36.5M36.5M41.9M37.1M
Retained Earnings(56.1M)(8.6M)(5.1M)(4.0M)(24.5M)(25.7M)
Common Stock Shares Outstanding50.3M1.8B2.1B2.2B2.2B2.3B
Non Current Liabilities Total1.1M98.7K0.07.4M10.6M9.1M
Other Stockholder Equity(288.2K)917.0K3.7M2.7M3.1M3.3M
Accumulated Other Comprehensive Income198.3K917.0K3.7M3.8M4.4M4.6M
Cash And Equivalents1.2M277.6K241.3K24.7M28.4M29.8M
Property Plant Equipment240.019.2M14.7M17.8M20.4M21.5M
Net Invested Capital(312.1K)28.8M35.0M13.2M15.2M13.0M
Net Working Capital(416.0K)16.9M30.9M13.2M15.1M9.3M

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