Technology Non Currrent Assets Other vs Net Working Capital 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 Non Currrent Assets Other and its Net Working Capital 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.
Non Currrent Assets Other vs Net Working Capital
Non Currrent Assets Other vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Minerals PLC Non Currrent Assets Other account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Technology Minerals' Non Currrent Assets Other and Net Working Capital is -0.95. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Working Capital 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' Non Currrent Assets Other and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Technology Minerals PLC are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Non Currrent Assets Other i.e., Technology Minerals' Non Currrent Assets Other and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Working Capital
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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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.