| TRM Stock | | | 0.08 0.00 0.00% |
Truscott Mining financial indicator trend analysis is much more than just breaking down Truscott Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Truscott Mining Corp is a good investment. Please check the relationship between Truscott Mining Depreciation And Amortization and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Truscott Mining 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.
Depreciation And Amortization vs Selling General Administrative
Depreciation And Amortization vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Truscott Mining Corp Depreciation And Amortization account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Truscott Mining's Depreciation And Amortization and Selling General Administrative is -0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Truscott Mining Corp, assuming nothing else is changed. The correlation between historical values of Truscott Mining's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Truscott Mining Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Truscott Mining's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling General Administrative
Most indicators from Truscott Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Truscott Mining 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 Truscott Mining 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 192.7
K in 2024.
Issuance Of Capital Stock is likely to drop to about 269.5
K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 763.0 | 688.0 | 447.0 | 424.65 | Total Revenue | 75.1K | 660.0 | 594.0 | 564.3 |
Truscott Mining fundamental ratios Correlations
Click cells to compare fundamentals
Truscott Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Truscott Mining fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Truscott Stock Analysis
When running Truscott Mining's price analysis, check to
measure Truscott Mining'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 Truscott Mining is operating at the current time. Most of Truscott Mining's value examination focuses on studying past and present price action to
predict the probability of Truscott Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truscott Mining's price. Additionally, you may evaluate how the addition of Truscott Mining to your portfolios can decrease your overall portfolio volatility.