| 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 Selling General Administrative and its Depreciation And Amortization 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Truscott Mining Corp Selling General Administrative account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Truscott Mining's Selling General Administrative and Depreciation And Amortization is -0.07. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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 Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Truscott Mining Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Truscott Mining's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Selling General Administrative
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.
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
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