Talon Free Cash Flow Yield vs Price To Sales Ratio Analysis
| TLO Stock | CAD 0.09 0.01 5.56% |
Talon Metals financial indicator trend analysis is much more than just breaking down Talon Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Talon Metals Corp is a good investment. Please check the relationship between Talon Metals Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Talon Metals 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.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Talon Metals Corp Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Talon Metals' Free Cash Flow Yield and Price To Sales Ratio is 0.15. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Talon Metals Corp, assuming nothing else is changed. The correlation between historical values of Talon Metals' Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Talon Metals Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Talon Metals' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Talon Metals Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Talon Metals sales, a figure that is much harder to manipulate than other Talon Metals Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Talon Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Talon Metals 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 Talon Metals 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. At this time, Talon Metals' Issuance Of Capital Stock is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value is likely to grow to about 365 M, while Selling General Administrative is likely to drop about 506.7 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.3K | 4.7M | 5.4M | 5.7M | Depreciation And Amortization | 13.9K | 36.1K | 50.5K | 53.0K |
Talon Metals fundamental ratios Correlations
Click cells to compare fundamentals
Talon Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Talon Metals fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 59.2M | 76.3M | 125.6M | 218.2M | 237.1M | 248.9M | |
| Other Current Liab | 133.6K | 101.3K | 686.2K | 28.4K | 4.4M | 4.6M | |
| Total Current Liabilities | 1.3M | 1.4M | 2.4M | 4.2M | 4.4M | 4.4M | |
| Total Stockholder Equity | 55.8M | 73.1M | 122.0M | 212.8M | 231.3M | 242.8M | |
| Property Plant And Equipment Net | 51.9M | 60.8M | 100.1M | 174.3M | 213.7M | 224.4M | |
| Net Debt | (7.3M) | (15.4M) | (25.1M) | (15.0M) | (7.0M) | (7.3M) | |
| Retained Earnings | (94.7M) | (97.5M) | (103.0M) | (104.5M) | (106.9M) | (101.5M) | |
| Cash | 7.3M | 15.4M | 25.1M | 15.0M | 7.0M | 10.3M | |
| Non Current Assets Total | 51.9M | 60.8M | 100.1M | 174.3M | 213.7M | 224.4M | |
| Non Currrent Assets Other | 40.0M | 51.9M | 4.0M | (856.0) | (984.4) | (935.18) | |
| Cash And Short Term Investments | 7.3M | 15.4M | 25.1M | 43.3M | 22.8M | 13.0M | |
| Net Receivables | 2.0K | 1.3K | 4.6K | 628.0 | 750.0 | 712.5 | |
| Common Stock Shares Outstanding | 393.3M | 531.5M | 674.2M | 768.1M | 867.9M | 911.3M | |
| Liabilities And Stockholders Equity | 59.2M | 76.3M | 125.6M | 218.2M | 235.7M | 247.5M | |
| Non Current Liabilities Total | 2.1M | 1.8M | 1.2M | 1.2M | 1.4M | 1.3M | |
| Total Liab | 3.4M | 3.1M | 3.6M | 5.4M | 5.8M | 7.0M | |
| Property Plant And Equipment Gross | 51.9M | 60.8M | 100.1M | 175.1M | 201.4M | 211.5M | |
| Total Current Assets | 7.4M | 15.5M | 25.5M | 43.8M | 23.4M | 14.9M | |
| Common Stock | 130.0M | 152.9M | 193.3M | 270.2M | 292.4M | 307.0M | |
| Accounts Payable | 1.1M | 1.3M | 1.7M | 4.2M | 4.4M | 4.6M | |
| Other Stockholder Equity | 20.1M | 18.3M | 30.3M | 39.7M | 43.3M | 24.8M | |
| Accumulated Other Comprehensive Income | (637.6K) | (2.1M) | (2.1M) | 7.3M | 2.5M | 2.6M | |
| Other Current Assets | 32.4K | 37.4K | 162.1K | 573.6K | 506.3K | 481.0K | |
| Net Tangible Assets | 6.6M | 55.8M | 73.1M | 122.0M | 140.3M | 147.3M | |
| Property Plant Equipment | 51.9M | 60.8M | 100.1M | 174.3M | 200.5M | 210.5M | |
| Capital Surpluse | 20.1M | 18.3M | 30.3M | 39.7M | 45.7M | 23.9M | |
| Cash And Equivalents | 7.3M | 15.4M | 25.1M | 15.0M | 17.2M | 10.1M | |
| Net Invested Capital | 55.8M | 73.1M | 122.0M | 212.8M | 244.7M | 257.0M | |
| Net Working Capital | 6.1M | 14.1M | 23.1M | 39.6M | 45.6M | 47.9M | |
| Capital Stock | 130.0M | 152.9M | 193.3M | 270.2M | 310.8M | 181.8M |
Pair Trading with Talon Metals
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 Talon Metals 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 Talon Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Talon Stock
| 0.51 | AMZN | Amazon CDR | PairCorr |
| 0.38 | JPM | JPMorgan Chase | PairCorr |
| 0.38 | BOFA | Bank of America | PairCorr |
| 0.32 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to Talon Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talon Metals 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 Talon Metals - 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 Talon Metals Corp to buy it.
The correlation of Talon Metals 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 Talon Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talon Metals 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 Talon Metals 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 Talon Stock
Balance Sheet is a snapshot of the financial position of Talon Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Talon Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Talon Metals 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 Talon currently owns. An asset can also be divided into two categories, current and non-current.