Technology Cash vs Other 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 Cash and its Other 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.

Cash vs Other Assets

Cash vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Minerals PLC Cash account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Technology Minerals' Cash and Other Assets is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other 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' Cash and Other 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 Cash of Technology Minerals PLC are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Technology Minerals' Cash and Other Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Technology Minerals PLC, which is listed under current asset account on Technology Minerals PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Technology Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Technology Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Assets

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 Expenses1.7M3.9M4.4M3.1M
Cost Of Revenue3K1K900.01.6K

Technology Minerals fundamental ratios Correlations

-0.9-0.670.90.94-0.88-0.8-0.930.980.96-0.930.940.26-0.910.880.870.91-0.930.92-0.920.920.86-0.74-0.740.9-0.85
-0.90.4-0.66-0.910.770.570.95-0.92-0.860.95-0.760.140.93-0.61-0.96-0.660.95-0.70.95-0.7-0.730.70.7-0.670.71
-0.670.4-0.85-0.690.830.940.54-0.6-0.680.54-0.81-0.830.49-0.9-0.31-0.890.55-0.860.52-0.86-0.910.70.7-0.830.91
0.9-0.66-0.850.79-0.8-0.85-0.70.820.83-0.70.90.6-0.670.980.580.98-0.70.93-0.690.930.87-0.81-0.811.0-0.84
0.94-0.91-0.690.79-0.97-0.85-0.980.970.97-0.980.930.22-0.960.80.890.84-0.980.9-0.980.90.92-0.7-0.70.78-0.92
-0.880.770.83-0.8-0.970.950.9-0.9-0.940.9-0.95-0.430.88-0.85-0.75-0.880.91-0.930.89-0.93-0.970.670.67-0.790.98
-0.80.570.94-0.85-0.850.950.75-0.79-0.860.75-0.94-0.690.73-0.92-0.55-0.930.75-0.960.73-0.96-0.960.610.61-0.830.97
-0.930.950.54-0.7-0.980.90.75-0.97-0.961.0-0.88-0.040.99-0.7-0.96-0.761.0-0.831.0-0.83-0.830.620.62-0.690.83
0.98-0.92-0.60.820.97-0.9-0.79-0.970.99-0.970.940.17-0.970.810.940.86-0.970.9-0.970.90.84-0.64-0.640.81-0.84
0.96-0.86-0.680.830.97-0.94-0.86-0.960.99-0.960.980.29-0.960.850.890.89-0.960.95-0.950.950.88-0.59-0.590.81-0.89
-0.930.950.54-0.7-0.980.90.751.0-0.97-0.96-0.88-0.040.99-0.7-0.96-0.761.0-0.831.0-0.83-0.830.620.62-0.690.83
0.94-0.76-0.810.90.93-0.95-0.94-0.880.940.98-0.880.49-0.880.940.770.96-0.880.99-0.870.990.92-0.62-0.620.88-0.93
0.260.14-0.830.60.22-0.43-0.69-0.040.170.29-0.040.49-0.030.68-0.180.64-0.050.58-0.020.580.54-0.3-0.30.58-0.54
-0.910.930.49-0.67-0.960.880.730.99-0.97-0.960.99-0.88-0.03-0.68-0.97-0.740.99-0.820.99-0.82-0.780.530.53-0.660.79
0.88-0.61-0.90.980.8-0.85-0.92-0.70.810.85-0.70.940.68-0.680.561.0-0.710.97-0.690.970.91-0.73-0.730.97-0.89
0.87-0.96-0.310.580.89-0.75-0.55-0.960.940.89-0.960.77-0.18-0.970.560.62-0.960.7-0.970.70.65-0.49-0.490.57-0.65
0.91-0.66-0.890.980.84-0.88-0.93-0.760.860.89-0.760.960.64-0.741.00.62-0.760.98-0.740.980.92-0.72-0.720.97-0.91
-0.930.950.55-0.7-0.980.910.751.0-0.97-0.961.0-0.88-0.050.99-0.71-0.96-0.76-0.831.0-0.83-0.830.620.62-0.70.84
0.92-0.7-0.860.930.9-0.93-0.96-0.830.90.95-0.830.990.58-0.820.970.70.98-0.83-0.821.00.93-0.65-0.650.91-0.93
-0.920.950.52-0.69-0.980.890.731.0-0.97-0.951.0-0.87-0.020.99-0.69-0.97-0.741.0-0.82-0.82-0.810.60.6-0.680.82
0.92-0.7-0.860.930.9-0.93-0.96-0.830.90.95-0.830.990.58-0.820.970.70.98-0.831.0-0.820.93-0.65-0.650.91-0.93
0.86-0.73-0.910.870.92-0.97-0.96-0.830.840.88-0.830.920.54-0.780.910.650.92-0.830.93-0.810.93-0.79-0.790.87-1.0
-0.740.70.7-0.81-0.70.670.610.62-0.64-0.590.62-0.62-0.30.53-0.73-0.49-0.720.62-0.650.6-0.65-0.791.0-0.830.74
-0.740.70.7-0.81-0.70.670.610.62-0.64-0.590.62-0.62-0.30.53-0.73-0.49-0.720.62-0.650.6-0.65-0.791.0-0.830.74
0.9-0.67-0.831.00.78-0.79-0.83-0.690.810.81-0.690.880.58-0.660.970.570.97-0.70.91-0.680.910.87-0.83-0.83-0.83
-0.850.710.91-0.84-0.920.980.970.83-0.84-0.890.83-0.93-0.540.79-0.89-0.65-0.910.84-0.930.82-0.93-1.00.740.74-0.83
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Technology Minerals Account Relationship Matchups

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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.