Trio Stock Based Compensation vs End Period Cash Flow Analysis
TPET Stock | 0.87 0.06 6.15% |
Trio Petroleum financial indicator trend analysis is much more than just breaking down Trio Petroleum Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Petroleum Corp is a good investment. Please check the relationship between Trio Petroleum Stock Based Compensation and its End Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Petroleum 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 income.
Stock Based Compensation vs End Period Cash Flow
Stock Based Compensation vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trio Petroleum Corp Stock Based Compensation account and End Period Cash Flow. At this time, the significance of the direction appears to have totally related.
The correlation between Trio Petroleum's Stock Based Compensation and End Period Cash Flow is 0.99. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Trio Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Trio Petroleum's Stock Based Compensation and End Period Cash Flow 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 Trio Petroleum Corp are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., Trio Petroleum's Stock Based Compensation and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.End Period Cash Flow
Most indicators from Trio Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trio Petroleum 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 Trio Petroleum 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 income. Issuance Of Capital Stock is likely to gain to about 8.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 910.6K | 903.0K | Depreciation And Amortization | 2.8K | 3.2K | 2.2K |
Trio Petroleum fundamental ratios Correlations
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Trio Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Trio Stock Analysis
When running Trio Petroleum's price analysis, check to measure Trio Petroleum'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 Trio Petroleum is operating at the current time. Most of Trio Petroleum's value examination focuses on studying past and present price action to predict the probability of Trio Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Petroleum's price. Additionally, you may evaluate how the addition of Trio Petroleum to your portfolios can decrease your overall portfolio volatility.