Trilogy Stock Based Compensation vs Net Income Analysis

TMQ Stock  USD 1.10  0.02  1.85%   
Trilogy Metals financial indicator trend analysis is much more than just breaking down Trilogy Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trilogy Metals is a good investment. Please check the relationship between Trilogy Metals Stock Based Compensation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy 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.
To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trilogy Metals Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trilogy Metals' Stock Based Compensation and Net Income is -0.03. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Trilogy Metals, assuming nothing else is changed. The correlation between historical values of Trilogy Metals' Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Trilogy Metals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Trilogy Metals' Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Trilogy Metals financial statement analysis. It represents the amount of money remaining after all of Trilogy Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Trilogy Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trilogy 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 Trilogy 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.
To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.At this time, Trilogy Metals' Discontinued Operations is relatively stable compared to the past year. As of 12/23/2024, Issuance Of Capital Stock is likely to grow to about 4.2 M, while Enterprise Value Over EBITDA is likely to drop (8.35).
 2021 2023 2024 (projected)
Non Recurring47K42.3K76K
Reconciled Depreciation17K7.2K6.8K

Trilogy Metals fundamental ratios Correlations

-0.39-0.430.920.85-0.90.280.49-0.29-0.250.92-0.310.79-0.37-0.39-0.08-0.44-0.9-0.33-0.690.65-0.34-0.50.78-0.310.91
-0.390.97-0.46-0.330.270.20.330.02-0.21-0.36-0.24-0.490.26-0.5-0.020.50.27-0.240.32-0.61-0.030.53-0.53-0.14-0.34
-0.430.97-0.51-0.350.310.190.240.22-0.2-0.4-0.22-0.460.34-0.4-0.040.580.31-0.220.27-0.58-0.020.65-0.51-0.1-0.39
0.92-0.46-0.510.72-0.950.370.53-0.4-0.350.99-0.40.69-0.52-0.33-0.05-0.59-0.95-0.42-0.740.58-0.23-0.570.7-0.280.99
0.85-0.33-0.350.72-0.790.130.12-0.02-0.110.77-0.20.90.1-0.3-0.20.0-0.79-0.22-0.510.77-0.38-0.440.92-0.40.73
-0.90.270.31-0.95-0.79-0.53-0.540.330.51-0.980.57-0.720.40.440.160.441.00.590.77-0.580.30.5-0.730.33-0.98
0.280.20.190.370.13-0.530.5-0.2-1.00.44-0.970.15-0.48-0.35-0.45-0.37-0.53-0.96-0.60.18-0.02-0.130.120.060.46
0.490.330.240.530.12-0.540.5-0.61-0.490.53-0.55-0.07-0.67-0.690.18-0.51-0.54-0.56-0.33-0.23-0.19-0.07-0.09-0.280.58
-0.290.020.22-0.4-0.020.33-0.2-0.610.19-0.330.220.110.680.43-0.130.650.330.240.020.10.070.630.060.09-0.41
-0.25-0.21-0.2-0.35-0.110.51-1.0-0.490.19-0.420.97-0.130.470.340.450.360.510.960.59-0.160.010.12-0.1-0.07-0.44
0.92-0.36-0.40.990.77-0.980.440.53-0.33-0.42-0.480.72-0.43-0.39-0.13-0.48-0.98-0.5-0.750.6-0.26-0.530.73-0.330.99
-0.31-0.24-0.22-0.4-0.20.57-0.97-0.550.220.97-0.48-0.130.450.430.410.330.571.00.5-0.160.070.12-0.120.19-0.5
0.79-0.49-0.460.690.9-0.720.15-0.070.11-0.130.72-0.130.08-0.09-0.33-0.06-0.72-0.14-0.690.9-0.24-0.480.98-0.060.68
-0.370.260.34-0.520.10.4-0.48-0.670.680.47-0.430.450.080.19-0.180.970.40.450.390.06-0.060.360.08-0.1-0.5
-0.39-0.5-0.4-0.33-0.30.44-0.35-0.690.430.34-0.390.43-0.090.190.010.050.440.450.130.08-0.180.05-0.070.38-0.42
-0.08-0.02-0.04-0.05-0.20.16-0.450.18-0.130.45-0.130.41-0.33-0.180.01-0.170.160.410.24-0.6-0.10.36-0.36-0.15-0.13
-0.440.50.58-0.590.00.44-0.37-0.510.650.36-0.480.33-0.060.970.05-0.170.440.330.41-0.11-0.060.49-0.07-0.12-0.54
-0.90.270.31-0.95-0.791.0-0.53-0.540.330.51-0.980.57-0.720.40.440.160.440.590.77-0.580.30.5-0.730.33-0.98
-0.33-0.24-0.22-0.42-0.220.59-0.96-0.560.240.96-0.51.0-0.140.450.450.410.330.590.5-0.170.080.14-0.140.2-0.52
-0.690.320.27-0.74-0.510.77-0.6-0.330.020.59-0.750.5-0.690.390.130.240.410.770.5-0.560.130.28-0.61-0.25-0.75
0.65-0.61-0.580.580.77-0.580.18-0.230.1-0.160.6-0.160.90.060.08-0.6-0.11-0.58-0.17-0.56-0.1-0.620.93-0.010.57
-0.34-0.03-0.02-0.23-0.380.3-0.02-0.190.070.01-0.260.07-0.24-0.06-0.18-0.1-0.060.30.080.13-0.10.1-0.230.27-0.21
-0.50.530.65-0.57-0.440.5-0.13-0.070.630.12-0.530.12-0.480.360.050.360.490.50.140.28-0.620.1-0.56-0.02-0.56
0.78-0.53-0.510.70.92-0.730.12-0.090.06-0.10.73-0.120.980.08-0.07-0.36-0.07-0.73-0.14-0.610.93-0.23-0.56-0.160.7
-0.31-0.14-0.1-0.28-0.40.330.06-0.280.09-0.07-0.330.19-0.06-0.10.38-0.15-0.120.330.2-0.25-0.010.27-0.02-0.16-0.29
0.91-0.34-0.390.990.73-0.980.460.58-0.41-0.440.99-0.50.68-0.5-0.42-0.13-0.54-0.98-0.52-0.750.57-0.21-0.560.7-0.29
Click cells to compare fundamentals

Trilogy Metals Account Relationship Matchups

Trilogy Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets185.3M167.3M146.0M138.0M158.7M84.1M
Other Current Liab662K647K157K286K257.4K244.5K
Total Current Liabilities1.0M1.0M534K465K418.5K397.6K
Total Stockholder Equity183.8M166.0M145.4M137.6M158.2M166.1M
Property Plant And Equipment Net682K630K331K117K105.3K100.0K
Net Debt(10.6M)(5.9M)(2.4M)(2.6M)(2.3M)(2.4M)
Retained Earnings(20.9M)(42.6M)(66.9M)(81.8M)(73.6M)(77.3M)
Accounts Payable226K205K188K146K167.9K159.5K
Cash11.1M6.3M2.6M2.6M3.0M2.8M
Non Current Assets Total173.8M160.7M143.1M135.1M155.4M163.2M
Cash And Short Term Investments11.1M6.3M2.6M2.8M3.3M3.1M
Common Stock Shares Outstanding144.6M144.4M145.7M152.6M175.5M108.7M
Liabilities And Stockholders Equity185.3M167.3M146.0M138.0M158.7M84.1M
Non Current Liabilities Total408K235K33K202K232.3K220.7K
Other Current Assets313K285K814K259K297.9K562.0K
Other Stockholder Equity25.0M27.8M30.1M31.5M28.3M28.1M
Total Liab1.5M1.3M567K465K418.5K397.6K
Property Plant And Equipment Gross682K832K372K117K105.3K100.0K
Total Current Assets11.4M6.6M2.9M2.9M3.3M3.1M
Property Plant Equipment31.3M206K148K12K10.8K10.3K
Common Stock179.7M180.8M182.2M187.9M216.1M146.0M
Non Currrent Assets Other476K482K(111.9M)30.9M27.8M29.2M
Net Receivables129K19K17K33K29.7K28.2K
Common Stock Total Equity178.0M179.7M180.8M182.2M209.5M160.3M
Short Term Investments184.0285.0320.0259K233.1K221.4K
Net Tangible Assets18.3M183.8M166.0M145.4M167.2M175.6M
Retained Earnings Total Equity(182.7M)(20.9M)(42.6M)(66.9M)(76.9M)(80.7M)
Capital Surpluse23.0M25.0M27.8M30.1M34.6M22.6M
Net Invested Capital183.8M166.0M145.4M137.6M158.2M111.4M
Non Current Liabilities Other31M408K235K33K29.7K28.2K
Net Working Capital10.4M5.6M2.4M2.4M2.2M2.1M
Capital Stock179.7M180.8M182.2M187.9M216.1M196.7M

Pair Trading with Trilogy Metals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trilogy Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.

Moving against Trilogy Stock

  0.88FMST Foremost Lithium ResourcePairCorr
  0.83BHP BHP Group LimitedPairCorr
  0.83XPL Solitario ExplorationPairCorr
  0.81NB NioCorp DevelopmentsPairCorr
  0.8VALE Vale SA ADRPairCorr
The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trilogy Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trilogy Metals to buy it.
The correlation of Trilogy Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trilogy Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Trilogy Stock Analysis

When running Trilogy Metals' price analysis, check to measure Trilogy Metals' 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 Trilogy Metals is operating at the current time. Most of Trilogy Metals' value examination focuses on studying past and present price action to predict the probability of Trilogy Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trilogy Metals' price. Additionally, you may evaluate how the addition of Trilogy Metals to your portfolios can decrease your overall portfolio volatility.