Technology Capital Stock vs Other Current Liab 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 Capital Stock and its Other Current Liab 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.
Capital Stock vs Other Current Liab
Capital Stock vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Minerals PLC Capital Stock account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Technology Minerals' Capital Stock and Other Current Liab is -0.7. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Current Liab 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' Capital Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Technology Minerals PLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Capital Stock i.e., Technology Minerals' Capital Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Other Current Liab
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 |
Technology Minerals fundamental ratios Correlations
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Technology Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.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.