Technology Accounts Payable vs Total Current Assets Analysis

TM1 Stock

0.20 0.05 20.00%

Technology Minerals financial indicator trend analysis is much more than just breaking down Technology Minerals PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Minerals PLC is a good investment. Please check the relationship between Technology Minerals Accounts Payable and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Minerals PLC Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Technology Minerals' Accounts Payable and Total Current Assets is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Technology Minerals PLC, assuming nothing else is changed. The correlation between historical values of Technology Minerals' Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Technology Minerals PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Technology Minerals' Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Technology Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Technology Minerals PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Technology Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Minerals PLC 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 Technology Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Issuance Of Capital Stock is expected to grow to about 1.5 M, whereas Selling General Administrative is forecasted to decline to about 2.1 M.

	2010	2022	2023	2024 (projected)
Total Operating Expenses	1.7M	3.9M	4.4M	3.1M
Cost Of Revenue	3K	1K	900.0	1.6K

Total Operating Expenses Cost Of Revenue

Technology Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Other Assets
Total Assets		-0.9	-0.67	0.9	0.94	-0.88	-0.8	-0.93	0.98	0.96	-0.93	0.94	0.26	-0.91	0.88	0.87	0.91	-0.93	0.92	-0.92	0.92	0.86	-0.74	-0.74	0.9	-0.85
Other Current Liab	-0.9		0.4	-0.66	-0.91	0.77	0.57	0.95	-0.92	-0.86	0.95	-0.76	0.14	0.93	-0.61	-0.96	-0.66	0.95	-0.7	0.95	-0.7	-0.73	0.7	0.7	-0.67	0.71
Total Current Liabilities	-0.67	0.4		-0.85	-0.69	0.83	0.94	0.54	-0.6	-0.68	0.54	-0.81	-0.83	0.49	-0.9	-0.31	-0.89	0.55	-0.86	0.52	-0.86	-0.91	0.7	0.7	-0.83	0.91
Total Stockholder Equity	0.9	-0.66	-0.85		0.79	-0.8	-0.85	-0.7	0.82	0.83	-0.7	0.9	0.6	-0.67	0.98	0.58	0.98	-0.7	0.93	-0.69	0.93	0.87	-0.81	-0.81	1.0	-0.84
Net Debt	0.94	-0.91	-0.69	0.79		-0.97	-0.85	-0.98	0.97	0.97	-0.98	0.93	0.22	-0.96	0.8	0.89	0.84	-0.98	0.9	-0.98	0.9	0.92	-0.7	-0.7	0.78	-0.92
Retained Earnings	-0.88	0.77	0.83	-0.8	-0.97		0.95	0.9	-0.9	-0.94	0.9	-0.95	-0.43	0.88	-0.85	-0.75	-0.88	0.91	-0.93	0.89	-0.93	-0.97	0.67	0.67	-0.79	0.98
Accounts Payable	-0.8	0.57	0.94	-0.85	-0.85	0.95		0.75	-0.79	-0.86	0.75	-0.94	-0.69	0.73	-0.92	-0.55	-0.93	0.75	-0.96	0.73	-0.96	-0.96	0.61	0.61	-0.83	0.97
Cash	-0.93	0.95	0.54	-0.7	-0.98	0.9	0.75		-0.97	-0.96	1.0	-0.88	-0.04	0.99	-0.7	-0.96	-0.76	1.0	-0.83	1.0	-0.83	-0.83	0.62	0.62	-0.69	0.83
Non Current Assets Total	0.98	-0.92	-0.6	0.82	0.97	-0.9	-0.79	-0.97		0.99	-0.97	0.94	0.17	-0.97	0.81	0.94	0.86	-0.97	0.9	-0.97	0.9	0.84	-0.64	-0.64	0.81	-0.84
Non Currrent Assets Other	0.96	-0.86	-0.68	0.83	0.97	-0.94	-0.86	-0.96	0.99		-0.96	0.98	0.29	-0.96	0.85	0.89	0.89	-0.96	0.95	-0.95	0.95	0.88	-0.59	-0.59	0.81	-0.89
Cash And Short Term Investments	-0.93	0.95	0.54	-0.7	-0.98	0.9	0.75	1.0	-0.97	-0.96		-0.88	-0.04	0.99	-0.7	-0.96	-0.76	1.0	-0.83	1.0	-0.83	-0.83	0.62	0.62	-0.69	0.83
Net Receivables	0.94	-0.76	-0.81	0.9	0.93	-0.95	-0.94	-0.88	0.94	0.98	-0.88		0.49	-0.88	0.94	0.77	0.96	-0.88	0.99	-0.87	0.99	0.92	-0.62	-0.62	0.88	-0.93
Common Stock Shares Outstanding	0.26	0.14	-0.83	0.6	0.22	-0.43	-0.69	-0.04	0.17	0.29	-0.04	0.49		-0.03	0.68	-0.18	0.64	-0.05	0.58	-0.02	0.58	0.54	-0.3	-0.3	0.58	-0.54
Other Current Assets	-0.91	0.93	0.49	-0.67	-0.96	0.88	0.73	0.99	-0.97	-0.96	0.99	-0.88	-0.03		-0.68	-0.97	-0.74	0.99	-0.82	0.99	-0.82	-0.78	0.53	0.53	-0.66	0.79
Other Stockholder Equity	0.88	-0.61	-0.9	0.98	0.8	-0.85	-0.92	-0.7	0.81	0.85	-0.7	0.94	0.68	-0.68		0.56	1.0	-0.71	0.97	-0.69	0.97	0.91	-0.73	-0.73	0.97	-0.89
Total Liab	0.87	-0.96	-0.31	0.58	0.89	-0.75	-0.55	-0.96	0.94	0.89	-0.96	0.77	-0.18	-0.97	0.56		0.62	-0.96	0.7	-0.97	0.7	0.65	-0.49	-0.49	0.57	-0.65
Net Invested Capital	0.91	-0.66	-0.89	0.98	0.84	-0.88	-0.93	-0.76	0.86	0.89	-0.76	0.96	0.64	-0.74	1.0	0.62		-0.76	0.98	-0.74	0.98	0.92	-0.72	-0.72	0.97	-0.91
Total Current Assets	-0.93	0.95	0.55	-0.7	-0.98	0.91	0.75	1.0	-0.97	-0.96	1.0	-0.88	-0.05	0.99	-0.71	-0.96	-0.76		-0.83	1.0	-0.83	-0.83	0.62	0.62	-0.7	0.84
Capital Stock	0.92	-0.7	-0.86	0.93	0.9	-0.93	-0.96	-0.83	0.9	0.95	-0.83	0.99	0.58	-0.82	0.97	0.7	0.98	-0.83		-0.82	1.0	0.93	-0.65	-0.65	0.91	-0.93
Net Working Capital	-0.92	0.95	0.52	-0.69	-0.98	0.89	0.73	1.0	-0.97	-0.95	1.0	-0.87	-0.02	0.99	-0.69	-0.97	-0.74	1.0	-0.82		-0.82	-0.81	0.6	0.6	-0.68	0.82
Common Stock	0.92	-0.7	-0.86	0.93	0.9	-0.93	-0.96	-0.83	0.9	0.95	-0.83	0.99	0.58	-0.82	0.97	0.7	0.98	-0.83	1.0	-0.82		0.93	-0.65	-0.65	0.91	-0.93
Short Long Term Debt Total	0.86	-0.73	-0.91	0.87	0.92	-0.97	-0.96	-0.83	0.84	0.88	-0.83	0.92	0.54	-0.78	0.91	0.65	0.92	-0.83	0.93	-0.81	0.93		-0.79	-0.79	0.87	-1.0
Other Liab	-0.74	0.7	0.7	-0.81	-0.7	0.67	0.61	0.62	-0.64	-0.59	0.62	-0.62	-0.3	0.53	-0.73	-0.49	-0.72	0.62	-0.65	0.6	-0.65	-0.79		1.0	-0.83	0.74
Net Tangible Assets	-0.74	0.7	0.7	-0.81	-0.7	0.67	0.61	0.62	-0.64	-0.59	0.62	-0.62	-0.3	0.53	-0.73	-0.49	-0.72	0.62	-0.65	0.6	-0.65	-0.79	1.0		-0.83	0.74
Property Plant And Equipment Net	0.9	-0.67	-0.83	1.0	0.78	-0.79	-0.83	-0.69	0.81	0.81	-0.69	0.88	0.58	-0.66	0.97	0.57	0.97	-0.7	0.91	-0.68	0.91	0.87	-0.83	-0.83		-0.83
Other Assets	-0.85	0.71	0.91	-0.84	-0.92	0.98	0.97	0.83	-0.84	-0.89	0.83	-0.93	-0.54	0.79	-0.89	-0.65	-0.91	0.84	-0.93	0.82	-0.93	-1.0	0.74	0.74	-0.83

Click cells to compare fundamentals

Technology Minerals Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Technology Stock

Balance Sheet is a snapshot of the financial position of Technology Minerals PLC at a specified time, usually calculated after every quarter, six months, or one year. Technology Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Technology Minerals 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 Technology currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Technology Accounts Payable vs Total Current Assets Analysis

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Current Assets

Technology Minerals fundamental ratios Correlations

Technology Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in Technology Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Net Working Capital	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 1.0	Cash And Short Term Investments

Other Assets	- 1.0	Short Long Term Debt Total
Net Working Capital	- 0.98	Net Debt
Total Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Working Capital	- 0.97	Total Liab