TMC Other Current Liab vs Short Term Investments Analysis

TMC Stock  USD 0.84  0.01  1.20%   
TMC The financial indicator trend analysis is much more than just breaking down TMC the metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMC the metals is a good investment. Please check the relationship between TMC The Other Current Liab and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Liab vs Short Term Investments

Other Current Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Other Current Liab account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between TMC The's Other Current Liab and Short Term Investments is -0.95. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of TMC the metals, assuming nothing else is changed. The correlation between historical values of TMC The's Other Current Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of TMC the metals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Liab i.e., TMC The's Other Current Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Short Term Investments

Short Term Investments is an item under the current assets section of TMC The balance sheet. It contains any investments TMC the metals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that TMC the metals can easily liquidate in the marketplace.
Most indicators from TMC The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMC the metals 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 TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, TMC The's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 18.3 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.25.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation453K418K381K363K
Cost Of Revenue149.6M174.1M72.4M109.1M

TMC The fundamental ratios Correlations

0.910.90.880.960.980.92-0.67-0.85-0.930.660.9-0.050.660.540.160.830.820.950.890.90.870.90.42-0.9-0.95
0.911.00.660.910.920.91-0.48-0.95-0.90.480.910.130.480.670.00.940.870.891.00.980.70.960.38-0.95-0.92
0.91.00.650.90.910.9-0.48-0.95-0.890.480.90.150.480.67-0.020.940.860.891.00.980.70.960.36-0.95-0.92
0.880.660.650.750.830.7-0.87-0.51-0.720.870.67-0.230.870.10.250.510.540.850.640.630.960.630.33-0.62-0.76
0.960.910.90.750.990.95-0.49-0.92-0.950.490.960.010.490.720.130.930.940.890.880.950.730.960.43-0.93-0.94
0.980.920.910.830.990.93-0.62-0.88-0.920.610.920.030.610.620.090.880.890.940.890.930.820.940.37-0.93-0.96
0.920.910.90.70.950.93-0.36-0.92-1.00.351.0-0.210.350.70.360.930.940.790.90.940.630.960.66-0.86-0.83
-0.67-0.48-0.48-0.87-0.49-0.62-0.360.250.37-1.0-0.32-0.11-1.00.170.15-0.23-0.22-0.78-0.46-0.4-0.95-0.370.130.470.65
-0.85-0.95-0.95-0.51-0.92-0.88-0.920.250.91-0.24-0.93-0.14-0.24-0.86-0.04-0.98-0.93-0.8-0.94-0.97-0.52-0.97-0.430.960.88
-0.93-0.9-0.89-0.72-0.95-0.92-1.00.370.91-0.37-0.990.23-0.37-0.68-0.38-0.91-0.91-0.8-0.89-0.93-0.65-0.94-0.670.850.83
0.660.480.480.870.490.610.35-1.0-0.24-0.370.320.111.0-0.17-0.150.230.210.770.450.390.950.36-0.13-0.47-0.65
0.90.910.90.670.960.921.0-0.32-0.93-0.990.32-0.180.320.730.340.950.960.780.90.950.60.970.65-0.86-0.82
-0.050.130.15-0.230.010.03-0.21-0.11-0.140.230.11-0.180.110.25-0.980.09-0.020.210.10.090.020.06-0.81-0.31-0.28
0.660.480.480.870.490.610.35-1.0-0.24-0.371.00.320.11-0.17-0.150.230.210.770.450.390.950.36-0.13-0.47-0.65
0.540.670.670.10.720.620.70.17-0.86-0.68-0.170.730.25-0.17-0.050.840.820.470.650.750.10.770.3-0.77-0.63
0.160.0-0.020.250.130.090.360.15-0.04-0.38-0.150.34-0.98-0.15-0.050.080.19-0.120.040.06-0.010.10.90.160.16
0.830.940.940.510.930.880.93-0.23-0.98-0.910.230.950.090.230.840.080.970.760.930.980.510.990.46-0.92-0.85
0.820.870.860.540.940.890.94-0.22-0.93-0.910.210.96-0.020.210.820.190.970.720.840.940.490.970.51-0.86-0.8
0.950.890.890.850.890.940.79-0.78-0.8-0.80.770.780.210.770.47-0.120.760.720.870.860.920.840.14-0.92-0.98
0.891.01.00.640.880.890.9-0.46-0.94-0.890.450.90.10.450.650.040.930.840.870.970.680.940.41-0.93-0.89
0.90.980.980.630.950.930.94-0.4-0.97-0.930.390.950.090.390.750.060.980.940.860.970.650.990.43-0.95-0.91
0.870.70.70.960.730.820.63-0.95-0.52-0.650.950.60.020.950.1-0.010.510.490.920.680.650.620.12-0.68-0.82
0.90.960.960.630.960.940.96-0.37-0.97-0.940.360.970.060.360.770.10.990.970.840.940.990.620.45-0.94-0.9
0.420.380.360.330.430.370.660.13-0.43-0.67-0.130.65-0.81-0.130.30.90.460.510.140.410.430.120.45-0.21-0.15
-0.9-0.95-0.95-0.62-0.93-0.93-0.860.470.960.85-0.47-0.86-0.31-0.47-0.770.16-0.92-0.86-0.92-0.93-0.95-0.68-0.94-0.210.97
-0.95-0.92-0.92-0.76-0.94-0.96-0.830.650.880.83-0.65-0.82-0.28-0.65-0.630.16-0.85-0.8-0.98-0.89-0.91-0.82-0.9-0.150.97
Click cells to compare fundamentals

TMC The 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.
When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Return On Assets
(0.84)
Return On Equity
(5.30)
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.