Tlou Total Stockholder Equity vs Other Assets Analysis
TOU Stock | 0.02 0 6.67% |
Tlou Energy financial indicator trend analysis is much more than just breaking down Tlou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tlou Energy is a good investment. Please check the relationship between Tlou Energy Total Stockholder Equity and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tlou Energy. 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.
Total Stockholder Equity vs Other Assets
Total Stockholder Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tlou Energy Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tlou Energy's Total Stockholder Equity and Other Assets is 0.34. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Tlou Energy, assuming nothing else is changed. The correlation between historical values of Tlou Energy's Total Stockholder Equity and Other Assets 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 Stockholder Equity of Tlou Energy are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Tlou Energy's Total Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Assets
Most indicators from Tlou Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tlou Energy 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 Tlou Energy. 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 gain to about 953.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.5 M in 2024.
Tlou Energy fundamental ratios Correlations
Click cells to compare fundamentals
Tlou Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tlou Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Current Liab | 310.4K | 385.4K | 1.1M | 994.1K | 1.5M | 1.6M | |
Total Current Liabilities | 397.5K | 445.9K | 1.6M | 2.8M | 2.4M | 2.6M | |
Total Stockholder Equity | 51.5M | 56.3M | 50.5M | 58.4M | 62.6M | 32.7M | |
Accounts Payable | 87.0K | 47.3K | 446.0K | 1.8M | 462.1K | 391.3K | |
Cash | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.4M | |
Net Receivables | 206.8K | 267.3K | 424.2K | 1.3M | 497.7K | 366.2K | |
Total Liab | 511.5K | 633.1K | 9.1M | 13.2M | 14.9M | 15.7M | |
Common Stock | 99.8K | 99.8M | 106.8M | 121.5M | 130.0M | 136.5M | |
Property Plant Equipment | 49.4M | 49.7M | 49.6M | 61.8M | 71.1M | 47.7M | |
Other Current Assets | 294.5K | 269.5K | 603.1K | 1.1M | 660.4K | 474.1K | |
Property Plant And Equipment Net | 1.3M | 844.3K | 366.5K | 1.4M | 1.3M | 1.2M | |
Net Debt | (1.6M) | (6.3M) | (541.1K) | 3.3M | 10.2M | 10.7M | |
Retained Earnings | (43.1M) | (45.2M) | (49.5M) | (53.8M) | (58.0M) | (55.1M) | |
Non Current Assets Total | 50.1M | 50.3M | 51.1M | 62.3M | 73.9M | 77.6M | |
Other Assets | 0.0 | 626.4K | 1.6M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.8M | |
Common Stock Shares Outstanding | 450.2M | 538.3M | 600.2M | 803.5M | 1.1B | 1.2B | |
Liabilities And Stockholders Equity | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Stockholder Equity | (2.3M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Total Current Assets | 1.9M | 6.7M | 8.5M | 9.3M | 3.7M | 4.4M | |
Accumulated Other Comprehensive Income | (5.1M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Net Tangible Assets | 51.5M | 56.3M | 50.5M | 58.4M | 67.2M | 60.3M | |
Non Currrent Assets Other | 48.9M | 49.5M | 49.8M | 60.9M | 72.6M | 76.2M | |
Non Current Liabilities Total | 114.0K | 187.2K | 7.5M | 10.4M | 12.5M | 13.1M | |
Property Plant And Equipment Gross | 49.4M | 53.1M | 53.4M | 5.2M | 5.1M | 4.9M | |
Net Invested Capital | 51.5M | 56.3M | 57.8M | 68.5M | 75.3M | 68.0M | |
Net Working Capital | 1.5M | 6.2M | 6.9M | 6.5M | 1.2M | 1.2M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Tlou Stock Analysis
When running Tlou Energy's price analysis, check to measure Tlou Energy'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 Tlou Energy is operating at the current time. Most of Tlou Energy's value examination focuses on studying past and present price action to predict the probability of Tlou Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tlou Energy's price. Additionally, you may evaluate how the addition of Tlou Energy to your portfolios can decrease your overall portfolio volatility.