TNR Net Income Per Share vs Average Payables Analysis
TNR Stock | CAD 0.05 0.00 0.00% |
TNR Gold financial indicator trend analysis is much more than just breaking down TNR Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TNR Gold Corp is a good investment. Please check the relationship between TNR Gold Net Income Per Share and its Average Payables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TNR Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Income Per Share vs Average Payables
Net Income Per Share vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TNR Gold Corp Net Income Per Share account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TNR Gold's Net Income Per Share and Average Payables is -0.09. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of TNR Gold Corp, assuming nothing else is changed. The correlation between historical values of TNR Gold's Net Income Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of TNR Gold Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Net Income Per Share i.e., TNR Gold's Net Income Per Share and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income Per Share
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from TNR Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TNR Gold Corp 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 TNR Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 811.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
TNR Gold fundamental ratios Correlations
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TNR Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TNR Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 26.9K | 62.2K | 24.5K | 274.0K | 642.2K | 610.1K | |
Total Current Liabilities | 352.8K | 401.0K | 315.6K | 7.4M | 35.3K | 33.5K | |
Total Stockholder Equity | (5.2M) | (6.1M) | (7.1M) | (7.1M) | 606.9K | 576.5K | |
Net Debt | 4.9M | 5.8M | 6.9M | 6.9M | (581.7K) | (552.6K) | |
Retained Earnings | (46.3M) | (47.8M) | (49.8M) | (50.1M) | (42.2M) | (44.3M) | |
Cash | 1.9K | 44.7K | 1.1K | 233.4K | 581.7K | 294.7K | |
Cash And Short Term Investments | 8.6K | 57.2K | 7.1K | 235.1K | 581.9K | 460.2K | |
Net Receivables | 3.1K | 3.7K | 3.3K | 2.2K | 5.2K | 4.9K | |
Short Term Investments | 6.7K | 12.5K | 6.0K | 1.6K | 217.0 | 206.15 | |
Liabilities And Stockholders Equity | 26.9K | 62.2K | 24.5K | 274.0K | 642.2K | 610.1K | |
Other Stockholder Equity | 5.5M | 5.6M | 5.9M | 6.1M | (77.9K) | (74.0K) | |
Total Liab | 5.3M | 6.2M | 7.2M | 7.4M | 35.3K | 33.5K | |
Total Current Assets | 18.3K | 62.2K | 24.5K | 274.0K | 608.4K | 543.9K | |
Short Long Term Debt Total | 4.9M | 5.8M | 6.9M | 7.2M | 8.2M | 8.7M | |
Accounts Payable | 343.9K | 401.0K | 315.6K | 211.9K | 243.6K | 398.3K | |
Non Current Liabilities Total | 4.7M | 0.0 | 4.9M | 5.8M | 6.9M | 7.2M | |
Short Term Debt | 5.6M | 9.0K | 6.9M | 7.2M | 8.2M | 8.7M | |
Accumulated Other Comprehensive Income | 5.5M | 5.6M | 5.9M | 6.1M | 6.2M | 4.4M | |
Other Current Assets | 6.6K | 1.2K | 14.2K | 36.8K | 21.3K | 23.5K | |
Other Current Liab | 1.6M | 343.9K | 315.6K | 211.9K | 35.3K | 33.5K | |
Net Tangible Assets | (5.2M) | (6.1M) | (7.1M) | (7.1M) | (6.4M) | (6.1M) | |
Short Long Term Debt | 4.7M | 5.6M | 6.9M | 7.2M | 8.2M | 5.4M | |
Current Deferred Revenue | (1.6M) | (343.9K) | (7.2M) | (211.9K) | (190.7K) | (200.2K) | |
Net Invested Capital | (325.9K) | (338.8K) | (291.1K) | 62.1K | 606.9K | 637.2K | |
Net Working Capital | (334.5K) | (338.8K) | (291.1K) | (7.1M) | 573.1K | 601.7K |
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When running TNR Gold's price analysis, check to measure TNR Gold'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 TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.