Tudor Net Debt vs Total Stockholder Equity Analysis
TUD Stock | CAD 0.67 0.04 6.35% |
Tudor Gold financial indicator trend analysis is much more than just breaking down Tudor Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tudor Gold Corp is a good investment. Please check the relationship between Tudor Gold Net Debt and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tudor Gold 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.
Net Debt vs Total Stockholder Equity
Net Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tudor Gold Corp Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Tudor Gold's Net Debt and Total Stockholder Equity is -0.74. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Tudor Gold Corp, assuming nothing else is changed. The correlation between historical values of Tudor Gold's Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Tudor Gold Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Tudor Gold's Net Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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.Most indicators from Tudor Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tudor Gold 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 Tudor Gold 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. Enterprise Value is likely to climb to about 230.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.
Tudor Gold fundamental ratios Correlations
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Tudor Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tudor Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.8M | 58.8M | 99.5M | 106.0M | 129.0M | 135.4M | |
Other Current Liab | 249.1K | 344.1K | 931.7K | 688.0K | 420.0K | 586.5K | |
Total Current Liabilities | 269.2K | 347.6K | 931.7K | 1.5M | 446.1K | 656.8K | |
Total Stockholder Equity | 32.4M | 55.6M | 93.4M | 95.4M | 115.1M | 120.9M | |
Net Debt | (6.1M) | (1.5M) | (6.8M) | 690.0K | (7.2M) | (6.8M) | |
Retained Earnings | (12.4M) | (24.5M) | (35.6M) | (40.0M) | (47.7M) | (45.4M) | |
Cash | 6.1M | 1.5M | 6.8M | 398.6K | 7.5M | 7.8M | |
Cash And Short Term Investments | 6.2M | 2.5M | 7.5M | 936.9K | 8.0M | 8.4M | |
Common Stock Shares Outstanding | 129.8M | 165.2M | 184.0M | 200.8M | 221.5M | 232.6M | |
Liabilities And Stockholders Equity | 32.8M | 58.8M | 99.5M | 106.0M | 129.0M | 135.4M | |
Other Stockholder Equity | 2.4M | 4.0M | 11.7M | 19.1M | 21.9M | 23.0M | |
Total Liab | 369.2K | 3.2M | 6.2M | 10.6M | 13.9M | 14.6M | |
Total Current Assets | 6.6M | 3.8M | 7.8M | 2.6M | 8.3M | 8.7M | |
Common Stock | 40.8M | 68.5M | 109.9M | 112.7M | 138.8M | 145.7M | |
Net Receivables | 312.0K | 1.2M | 117.2K | 1.5M | 134.5K | 127.8K | |
Accumulated Other Comprehensive Income | 4.0M | 11.7M | 19.1M | 22.7M | 24.1M | 25.3M | |
Short Long Term Debt Total | 755.9K | 23.6K | 3.4K | 1.1M | 253.7K | 487.1K | |
Net Tangible Assets | 32.4M | 55.6M | 93.4M | 95.4M | 109.7M | 115.2M | |
Accounts Payable | 172.9K | 324.6K | 834.7K | 688.0K | 619.2K | 626.1K | |
Short Term Debt | 18.8K | 20.1K | 3.4K | 834.9K | 26.1K | 24.8K | |
Property Plant And Equipment Net | 26.0M | 54.7M | 91.5M | 100.4M | 120.4M | 60.7M | |
Non Current Assets Total | 26.2M | 54.9M | 91.7M | 103.5M | 120.7M | 61.3M | |
Non Currrent Assets Other | 145.6K | 20.2M | 226.6K | 253.5K | 212.6K | 202.0K | |
Short Term Investments | 140.6K | 993.2K | 674.2K | 538.3K | 497.3K | 455.5K | |
Non Current Liabilities Total | 100.0K | 2.8M | 5.2M | 9.1M | 13.4M | 14.1M | |
Other Current Assets | 63.5K | 122.2K | 146.8K | 147.2K | 211.1K | 221.7K | |
Property Plant Equipment | 25.6M | 54.7M | 90.7M | 100.4M | 115.4M | 121.2M | |
Capital Lease Obligations | 23.6K | 3.4K | 0.0 | 279.7K | 253.7K | 266.4K | |
Net Invested Capital | 32.4M | 55.6M | 93.4M | 96.2M | 115.1M | 67.0M | |
Net Working Capital | 6.3M | 3.5M | 6.9M | 1.0M | 7.9M | 8.3M | |
Capital Stock | 40.8M | 68.5M | 109.9M | 112.7M | 138.8M | 90.9M |
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