Tres Long Term Debt vs Net Tangible Assets Analysis

TRS Stock

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Tres Or financial indicator trend analysis is much more than just breaking down Tres Or Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tres Or Resources is a good investment. Please check the relationship between Tres Or Long Term Debt and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tres Or Resources. 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.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tres Or Resources Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tres Or's Long Term Debt and Net Tangible Assets is -0.19. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Tres Or Resources, assuming nothing else is changed. The correlation between historical values of Tres Or's Long Term Debt and Net Tangible 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 Long Term Debt of Tres Or Resources are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Tres Or's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Tres Or Resources has held for over one year. Long-term debt appears on Tres Or Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tres Or Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Tres Or's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tres Or Resources 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 Tres Or Resources. 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 climb to about 317.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 95 K in 2024.

Tres Or fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Long Term Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Debt	Net Invested Capital	Net Working Capital	Other Assets	Capital Stock
Total Assets		0.55	0.39	0.94	0.88	-0.43	-0.29	0.65	0.06	0.17	0.26	0.56	0.45	0.69	0.24	0.23	0.28	0.01	0.43	-0.34	0.4	0.29	0.79	0.32	0.07	0.46
Other Current Liab	0.55		0.63	0.39	0.22	0.07	-0.65	0.81	0.02	0.05	-0.02	0.62	0.42	0.07	0.34	0.25	0.31	0.39	0.55	-0.59	-0.06	0.0	0.68	0.2	0.63	-0.24
Total Current Liabilities	0.39	0.63		0.09	0.1	-0.36	-0.76	0.63	0.44	-0.11	0.28	0.89	0.2	0.34	0.14	0.62	0.62	-0.2	0.22	0.05	0.23	0.2	0.16	-0.12	-0.07	0.23
Total Stockholder Equity	0.94	0.39	0.09		0.92	-0.26	-0.04	0.48	-0.08	0.28	0.08	0.24	0.46	0.59	0.19	-0.02	0.03	0.04	0.36	-0.43	0.31	0.14	0.81	0.44	0.14	0.37
Net Tangible Assets	0.88	0.22	0.1	0.92		-0.48	0.03	0.48	-0.03	0.32	0.26	0.27	0.49	0.77	0.18	0.16	0.2	-0.19	0.24	-0.08	0.62	0.35	0.7	0.45	-0.09	0.64
Retained Earnings	-0.43	0.07	-0.36	-0.26	-0.48		0.21	-0.23	-0.43	-0.21	-0.91	-0.58	-0.3	-0.92	0.13	-0.8	-0.81	0.56	0.12	-0.48	-0.84	-0.87	-0.07	-0.16	0.57	-0.9
Accounts Payable	-0.29	-0.65	-0.76	-0.04	0.03	0.21		-0.76	-0.5	0.08	-0.26	-0.72	-0.28	-0.16	0.04	-0.64	-0.63	-0.15	-0.13	0.18	0.04	-0.02	-0.13	0.02	-0.07	0.02
Cash	0.65	0.81	0.63	0.48	0.48	-0.23	-0.76		0.2	0.09	0.2	0.68	0.53	0.37	0.27	0.51	0.54	0.24	0.38	-0.26	0.28	0.13	0.61	0.28	0.28	0.15
Net Receivables	0.06	0.02	0.44	-0.08	-0.03	-0.43	-0.5	0.2		-0.2	0.57	0.36	-0.05	0.26	0.11	0.57	0.55	-0.23	0.12	0.02	0.21	0.1	0.0	-0.24	-0.14	0.2
Short Term Investments	0.17	0.05	-0.11	0.28	0.32	-0.21	0.08	0.09	-0.2		0.08	-0.18	0.89	0.34	-0.66	0.23	0.19	-0.46	-0.58	-0.04	0.36	0.25	0.2	0.95	0.05	0.27
Other Stockholder Equity	0.26	-0.02	0.28	0.08	0.26	-0.91	-0.26	0.2	0.57	0.08		0.53	0.18	0.74	0.0	0.82	0.85	-0.36	0.04	0.32	0.72	0.85	0.09	0.04	-0.34	0.67
Total Liab	0.56	0.62	0.89	0.24	0.27	-0.58	-0.72	0.68	0.36	-0.18	0.53		0.16	0.55	0.24	0.69	0.73	-0.06	0.36	0.06	0.38	0.48	0.28	-0.14	-0.13	0.4
Total Current Assets	0.45	0.42	0.2	0.46	0.49	-0.3	-0.28	0.53	-0.05	0.89	0.18	0.16		0.47	-0.43	0.44	0.42	-0.28	-0.31	-0.16	0.44	0.28	0.47	0.94	0.18	0.3
Common Stock	0.69	0.07	0.34	0.59	0.77	-0.92	-0.16	0.37	0.26	0.34	0.74	0.55	0.47		-0.08	0.65	0.67	-0.52	-0.03	0.31	0.87	0.77	0.34	0.36	-0.46	0.93
Property Plant Equipment	0.24	0.34	0.14	0.19	0.18	0.13	0.04	0.27	0.11	-0.66	0.0	0.24	-0.43	-0.08		-0.18	-0.09	0.44	0.93	-0.22	0.04	-0.04	0.48	-0.5	0.42	-0.16
Short Long Term Debt	0.23	0.25	0.62	-0.02	0.16	-0.8	-0.64	0.51	0.57	0.23	0.82	0.69	0.44	0.65	-0.18		0.99	-0.41	-0.14	0.35	0.65	0.7	0.02	0.19	-0.29	0.57
Short Term Debt	0.28	0.31	0.62	0.03	0.2	-0.81	-0.63	0.54	0.55	0.19	0.85	0.73	0.42	0.67	-0.09	0.99		-0.35	-0.03	0.3	0.66	0.74	0.1	0.17	-0.23	0.57
Long Term Debt	0.01	0.39	-0.2	0.04	-0.19	0.56	-0.15	0.24	-0.23	-0.46	-0.36	-0.06	-0.28	-0.52	0.44	-0.41	-0.35		0.55	-0.61	-0.61	-0.45	0.3	-0.22	0.6	-0.66
Non Current Assets Total	0.43	0.55	0.22	0.36	0.24	0.12	-0.13	0.38	0.12	-0.58	0.04	0.36	-0.31	-0.03	0.93	-0.14	-0.03	0.55		-0.49	-0.07	-0.03	0.64	-0.42	0.54	-0.23
Non Currrent Assets Other	-0.34	-0.59	0.05	-0.43	-0.08	-0.48	0.18	-0.26	0.02	-0.04	0.32	0.06	-0.16	0.31	-0.22	0.35	0.3	-0.61	-0.49		0.53	0.45	-0.66	-0.18	-0.8	0.61
Common Stock Shares Outstanding	0.4	-0.06	0.23	0.31	0.62	-0.84	0.04	0.28	0.21	0.36	0.72	0.38	0.44	0.87	0.04	0.65	0.66	-0.61	-0.07	0.53		0.82	0.23	0.35	-0.38	0.89
Net Debt	0.29	0.0	0.2	0.14	0.35	-0.87	-0.02	0.13	0.1	0.25	0.85	0.48	0.28	0.77	-0.04	0.7	0.74	-0.45	-0.03	0.45	0.82		0.1	0.19	-0.34	0.74
Net Invested Capital	0.79	0.68	0.16	0.81	0.7	-0.07	-0.13	0.61	0.0	0.2	0.09	0.28	0.47	0.34	0.48	0.02	0.1	0.3	0.64	-0.66	0.23	0.1		0.41	0.62	0.03
Net Working Capital	0.32	0.2	-0.12	0.44	0.45	-0.16	0.02	0.28	-0.24	0.95	0.04	-0.14	0.94	0.36	-0.5	0.19	0.17	-0.22	-0.42	-0.18	0.35	0.19	0.41		0.18	0.23
Other Assets	0.07	0.63	-0.07	0.14	-0.09	0.57	-0.07	0.28	-0.14	0.05	-0.34	-0.13	0.18	-0.46	0.42	-0.29	-0.23	0.6	0.54	-0.8	-0.38	-0.34	0.62	0.18		-0.71
Capital Stock	0.46	-0.24	0.23	0.37	0.64	-0.9	0.02	0.15	0.2	0.27	0.67	0.4	0.3	0.93	-0.16	0.57	0.57	-0.66	-0.23	0.61	0.89	0.74	0.03	0.23	-0.71

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Tres Long Term Debt vs Net Tangible Assets Analysis

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Tangible Assets

Tres Or fundamental ratios Correlations

Tres Or Account Relationship Matchups

High Positive Relationship

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COMPANY

Short Term Debt	+ 0.99	Short Long Term Debt
Net Working Capital	+ 0.95	Short Term Investments
Total Stockholder Equity	+ 0.94	Total Assets
Net Working Capital	+ 0.94	Total Current Assets
Capital Stock	+ 0.93	Common Stock
Non Current Assets Total	+ 0.93	Property Plant Equipment

Common Stock	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings
Capital Stock	- 0.9	Retained Earnings
Net Debt	- 0.87	Retained Earnings
Common Stock Shares Outstanding	- 0.84	Retained Earnings
Short Term Debt	- 0.81	Retained Earnings