Triumph Book Value Per Share vs Days Sales Outstanding Analysis

TIG Stock  CAD 0.20  0.02  9.09%   
Triumph Gold financial indicator trend analysis is much more than just breaking down Triumph Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Gold Corp is a good investment. Please check the relationship between Triumph Gold Book Value Per Share and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Gold 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 board of governors.

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Gold Corp Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Triumph Gold's Book Value Per Share and Days Sales Outstanding is 0.22. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Triumph Gold Corp, assuming nothing else is changed. The correlation between historical values of Triumph Gold's Book Value Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Triumph Gold Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Book Value Per Share i.e., Triumph Gold's Book Value Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Sales Outstanding

Most indicators from Triumph Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Gold 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 Triumph Gold 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 board of governors.
Selling General Administrative is likely to drop to about 324.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 2.6 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.2M1.5M1.2M1.1M
Depreciation And Amortization111.9K85.5K8.1K7.6K

Triumph Gold fundamental ratios Correlations

-0.21.00.99-0.260.73-0.190.250.990.250.52-0.38-0.050.12-0.110.240.11-0.39-0.32-0.53-0.450.230.850.21-0.37-0.14
-0.2-0.24-0.150.22-0.390.99-0.21-0.17-0.21-0.250.12-0.23-0.10.97-0.23-0.060.360.330.50.53-0.45-0.220.120.42-0.09
1.0-0.240.99-0.270.74-0.230.260.990.260.53-0.38-0.040.12-0.150.250.11-0.41-0.33-0.55-0.470.250.860.2-0.39-0.14
0.99-0.150.99-0.160.71-0.150.161.00.160.52-0.42-0.090.08-0.080.140.04-0.41-0.35-0.54-0.450.190.820.26-0.4-0.2
-0.260.22-0.27-0.16-0.430.24-1.0-0.14-1.0-0.040.32-0.47-0.480.13-0.99-0.630.420.230.230.33-0.73-0.38-0.260.28-0.59
0.73-0.390.740.71-0.43-0.390.410.690.410.47-0.670.420.16-0.370.450.57-0.66-0.54-0.89-0.790.330.890.38-0.72-0.25
-0.190.99-0.23-0.150.24-0.39-0.23-0.16-0.23-0.20.2-0.27-0.120.98-0.25-0.030.430.340.50.53-0.54-0.190.010.45-0.17
0.25-0.210.260.16-1.00.41-0.230.131.00.03-0.320.460.46-0.130.990.62-0.42-0.24-0.21-0.320.730.360.27-0.270.61
0.99-0.170.991.0-0.140.69-0.160.130.130.53-0.34-0.130.06-0.090.120.03-0.34-0.29-0.51-0.420.140.820.18-0.34-0.22
0.25-0.210.260.16-1.00.41-0.231.00.130.03-0.320.460.46-0.130.990.62-0.42-0.24-0.21-0.320.730.360.27-0.270.61
0.52-0.250.530.52-0.040.47-0.20.030.530.03-0.20.010.03-0.130.050.15-0.21-0.29-0.47-0.31-0.050.460.0-0.31-0.4
-0.380.12-0.38-0.420.32-0.670.2-0.32-0.34-0.32-0.2-0.38-0.210.18-0.35-0.250.90.750.710.65-0.53-0.37-0.890.82-0.03
-0.05-0.23-0.04-0.09-0.470.42-0.270.46-0.130.460.01-0.38-0.04-0.280.560.74-0.42-0.21-0.27-0.20.370.320.3-0.360.02
0.12-0.10.120.08-0.480.16-0.120.460.060.460.03-0.21-0.04-0.030.430.04-0.24-0.01-0.24-0.370.36-0.010.16-0.310.24
-0.110.97-0.15-0.080.13-0.370.98-0.13-0.09-0.13-0.130.18-0.28-0.03-0.15-0.030.40.360.490.51-0.46-0.160.020.42-0.09
0.24-0.230.250.14-0.990.45-0.250.990.120.990.05-0.350.560.43-0.150.68-0.45-0.26-0.24-0.320.730.390.28-0.30.56
0.11-0.060.110.04-0.630.57-0.030.620.030.620.15-0.250.740.04-0.030.68-0.28-0.21-0.33-0.250.130.550.13-0.21-0.1
-0.390.36-0.41-0.410.42-0.660.43-0.42-0.34-0.42-0.210.9-0.42-0.240.4-0.45-0.280.830.660.63-0.61-0.39-0.790.77-0.12
-0.320.33-0.33-0.350.23-0.540.34-0.24-0.29-0.24-0.290.75-0.21-0.010.36-0.26-0.210.830.570.49-0.42-0.31-0.660.60.03
-0.530.5-0.55-0.540.23-0.890.5-0.21-0.51-0.21-0.470.71-0.27-0.240.49-0.24-0.330.660.570.95-0.31-0.61-0.350.890.29
-0.450.53-0.47-0.450.33-0.790.53-0.32-0.42-0.32-0.310.65-0.2-0.370.51-0.32-0.250.630.490.95-0.44-0.49-0.270.910.06
0.23-0.450.250.19-0.730.33-0.540.730.140.73-0.05-0.530.370.36-0.460.730.13-0.61-0.42-0.31-0.440.150.48-0.510.74
0.85-0.220.860.82-0.380.89-0.190.360.820.360.46-0.370.32-0.01-0.160.390.55-0.39-0.31-0.61-0.490.150.16-0.38-0.28
0.210.120.20.26-0.260.380.010.270.180.270.0-0.890.30.160.020.280.13-0.79-0.66-0.35-0.270.480.16-0.50.16
-0.370.42-0.39-0.40.28-0.720.45-0.27-0.34-0.27-0.310.82-0.36-0.310.42-0.3-0.210.770.60.890.91-0.51-0.38-0.50.04
-0.14-0.09-0.14-0.2-0.59-0.25-0.170.61-0.220.61-0.4-0.030.020.24-0.090.56-0.1-0.120.030.290.060.74-0.280.160.04
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Triumph Gold Account Relationship Matchups

Triumph Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7M8.0M3.9M3.7M4.0M3.8M
Total Current Liabilities463.9K296.9K1.1M2.5M248.3K235.9K
Total Stockholder Equity4.2M7.5M2.7M1.2M3.7M3.5M
Property Plant And Equipment Net3.3M3.5M3.7M3.6M14.7K14.0K
Net Debt(892.6K)(4.1M)64.5K(2.1K)(193.5K)(203.2K)
Retained Earnings(68.7M)(73.7M)(78.9M)(80.4M)(81.4M)(77.4M)
Accounts Payable229.5K204.6K932.5K1.8M248.3K406.0K
Cash923.1K4.3M41.7K2.7K193.5K183.8K
Non Current Assets Total3.3M3.5M3.8M3.6M3.7M3.6M
Cash And Short Term Investments923.1K4.3M41.7K2.7K193.5K183.8K
Net Receivables19.2K14.8K15.4K36.5K54.8K83.9K
Common Stock Shares Outstanding9.1M11.9M13.9M13.9M40.4M42.4M
Liabilities And Stockholders Equity4.7M8.0M3.9M3.7M4.0M3.8M
Other Current Assets470.5K175.5K46.3K19.4K29.2K27.7K
Other Stockholder Equity5.9M6.8M8.6M8.7M7.8M7.4M
Total Liab513.9K453.1K1.2M2.5M308.3K605.5K
Total Current Assets1.4M4.5M103.4K58.6K277.5K263.6K
Accumulated Other Comprehensive Income5.9M6.8M8.6M8.7M8.5M5.0M
Non Currrent Assets Other3.0M100K3.3M3.7M4.3M4.5M
Common Stock61.5M66.1M72.6M72.9M76.6M65.3M
Net Tangible Assets3.9M4.2M7.5M1.2M1.4M1.3M
Property Plant Equipment3.2M3.3M3.5M3.6M4.2M3.5M
Short Term Investments19.6K773.3K4.0M19.6K22.5K21.4K
Net Invested Capital4.2M7.5M2.7M1.2M3.7M3.3M
Net Working Capital949.0K4.2M(1.0M)(2.4M)29.2K27.7K

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