TMC Total Assets vs Non Current Assets Total Analysis

TMCWW Stock  USD 0.07  0.01  8.97%   
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 Total Assets and its Non Current Assets Total 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 housing.

Total Assets vs Non Current Assets Total

Total Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Total Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TMC The's Total Assets and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total 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 Total Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of TMC the metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., TMC The's Total Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of TMC The assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TMC the metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 housing.
At this time, TMC The's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 43.3 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.65) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation453K418K381K363K
Cost Of Revenue149.6M174.1M72.4M109.1M

TMC The fundamental ratios Correlations

0.910.90.880.960.970.92-0.67-0.85-0.930.660.90.00.660.540.830.820.950.890.90.870.90.92-0.950.360.33
0.911.00.660.910.820.91-0.48-0.95-0.90.480.910.210.480.670.940.870.891.00.980.70.960.91-0.920.080.49
0.91.00.650.90.810.9-0.48-0.95-0.890.480.90.230.480.670.940.860.891.00.980.70.960.9-0.920.070.49
0.880.660.650.750.90.7-0.87-0.51-0.720.870.67-0.190.870.10.510.540.850.640.630.960.630.71-0.760.74-0.11
0.960.910.90.750.950.95-0.49-0.92-0.950.490.960.060.490.720.930.940.890.880.950.730.960.95-0.940.170.56
0.970.820.810.90.950.87-0.69-0.78-0.880.690.860.00.690.520.770.80.930.780.830.870.850.87-0.930.440.33
0.920.910.90.70.950.87-0.36-0.92-1.00.351.0-0.150.350.70.930.940.790.90.940.630.961.0-0.830.050.53
-0.67-0.48-0.48-0.87-0.49-0.69-0.360.250.37-1.0-0.32-0.13-1.00.17-0.23-0.22-0.78-0.46-0.4-0.95-0.37-0.370.65-0.90.36
-0.85-0.95-0.95-0.51-0.92-0.78-0.920.250.91-0.24-0.93-0.2-0.24-0.86-0.98-0.93-0.8-0.94-0.97-0.52-0.97-0.910.880.16-0.72
-0.93-0.9-0.89-0.72-0.95-0.88-1.00.370.91-0.37-0.990.17-0.37-0.68-0.91-0.91-0.8-0.89-0.93-0.65-0.94-0.990.83-0.07-0.5
0.660.480.480.870.490.690.35-1.0-0.24-0.370.320.131.0-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.90.910.90.670.960.861.0-0.32-0.93-0.990.32-0.120.320.730.950.960.780.90.950.60.971.0-0.820.010.59
0.00.210.23-0.190.060.0-0.15-0.13-0.20.170.13-0.120.130.280.150.030.260.180.160.070.12-0.17-0.32-0.10.29
0.660.480.480.870.490.690.35-1.0-0.24-0.371.00.320.13-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.540.670.670.10.720.520.70.17-0.86-0.68-0.170.730.28-0.170.840.820.470.650.750.10.770.67-0.63-0.510.96
0.830.940.940.510.930.770.93-0.23-0.98-0.910.230.950.150.230.840.970.760.930.980.510.990.93-0.85-0.150.73
0.820.870.860.540.940.80.94-0.22-0.93-0.910.210.960.030.210.820.970.720.840.940.490.970.94-0.8-0.110.74
0.950.890.890.850.890.930.79-0.78-0.8-0.80.770.780.260.770.470.760.720.870.860.920.840.79-0.980.450.26
0.891.01.00.640.880.780.9-0.46-0.94-0.890.450.90.180.450.650.930.840.870.970.680.940.9-0.890.060.46
0.90.980.980.630.950.830.94-0.4-0.97-0.930.390.950.160.390.750.980.940.860.970.650.990.94-0.910.010.6
0.870.70.70.960.730.870.63-0.95-0.52-0.650.950.60.070.950.10.510.490.920.680.650.620.64-0.820.76-0.12
0.90.960.960.630.960.850.96-0.37-0.97-0.940.360.970.120.360.770.990.970.840.940.990.620.96-0.90.00.64
0.920.910.90.710.950.871.0-0.37-0.91-0.990.371.0-0.170.370.670.930.940.790.90.940.640.96-0.820.070.52
-0.95-0.92-0.92-0.76-0.94-0.93-0.830.650.880.83-0.65-0.82-0.32-0.65-0.63-0.85-0.8-0.98-0.89-0.91-0.82-0.9-0.82-0.29-0.44
0.360.080.070.740.170.440.05-0.90.16-0.070.90.01-0.10.9-0.51-0.15-0.110.450.060.010.760.00.07-0.29-0.64
0.330.490.49-0.110.560.330.530.36-0.72-0.5-0.370.590.29-0.370.960.730.740.260.460.6-0.120.640.52-0.44-0.64
Click cells to compare fundamentals

TMC The Account Relationship Matchups

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When running TMC The's price analysis, check to measure TMC The's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TMC The is operating at the current time. Most of TMC The's value examination focuses on studying past and present price action to predict the probability of TMC The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMC The's price. Additionally, you may evaluate how the addition of TMC The to your portfolios can decrease your overall portfolio volatility.