Tudor Net Income From Continuing Ops vs Income Before Tax 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 Income From Continuing Ops and its Income Before Tax 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 Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tudor Gold Corp Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tudor Gold's Net Income From Continuing Ops and Income Before Tax is 0.91. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax 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 Income From Continuing Ops and Income Before Tax 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 Income From Continuing Ops of Tudor Gold Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Tudor Gold's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tudor Gold income statement and is an important metric when analyzing Tudor Gold Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Short Long Term Debt Total	Net Tangible Assets	Accounts Payable	Short Long Term Debt	Short Term Debt	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Short Term Investments	Other Current Assets	Intangible Assets
Total Assets		0.04	0.25	1.0	-0.73	-1.0	0.79	0.82	0.95	0.94	0.95	0.87	1.0	0.35	0.41	1.0	0.2	0.85	0.44	0.92	0.92	-0.1	0.96	0.67	0.99	0.68
Other Current Liab	0.04		0.68	0.03	0.14	0.0	-0.08	-0.07	0.18	0.18	0.07	-0.05	0.03	0.05	0.78	0.04	0.7	0.17	0.32	-0.03	-0.03	0.27	-0.06	-0.11	-0.06	-0.09
Total Current Liabilities	0.25	0.68		0.24	0.1	-0.25	0.0	0.02	0.37	0.13	0.33	0.08	0.24	0.32	0.72	0.25	0.97	0.35	0.45	0.22	0.22	0.33	0.17	0.04	0.16	0.11
Total Stockholder Equity	1.0	0.03	0.24		-0.74	-1.0	0.79	0.83	0.96	0.94	0.94	0.88	1.0	0.36	0.41	1.0	0.19	0.86	0.45	0.93	0.93	-0.1	0.96	0.68	0.99	0.69
Net Debt	-0.73	0.14	0.1	-0.74		0.71	-0.99	-0.99	-0.7	-0.66	-0.6	-0.96	-0.74	0.17	-0.04	-0.73	0.04	-0.67	-0.1	-0.62	-0.61	0.2	-0.79	-0.39	-0.76	-0.57
Retained Earnings	-1.0	0.0	-0.25	-1.0	0.71		-0.77	-0.8	-0.96	-0.92	-0.94	-0.86	-1.0	-0.4	-0.39	-1.0	-0.2	-0.86	-0.44	-0.94	-0.94	0.08	-0.95	-0.7	-0.99	-0.73
Cash	0.79	-0.08	0.0	0.79	-0.99	-0.77		1.0	0.77	0.7	0.69	0.98	0.8	-0.12	0.12	0.79	0.06	0.73	0.14	0.66	0.65	-0.15	0.84	0.4	0.81	0.59
Cash And Short Term Investments	0.82	-0.07	0.02	0.83	-0.99	-0.8	1.0		0.81	0.74	0.71	0.99	0.83	-0.05	0.15	0.82	0.07	0.77	0.17	0.7	0.69	-0.16	0.85	0.47	0.85	0.62
Common Stock Shares Outstanding	0.95	0.18	0.37	0.96	-0.7	-0.96	0.77	0.81		0.9	0.87	0.87	0.96	0.47	0.47	0.96	0.31	0.95	0.44	0.87	0.87	0.01	0.89	0.69	0.94	0.77
Other Stockholder Equity	0.94	0.18	0.13	0.94	-0.66	-0.92	0.7	0.74	0.9		0.86	0.79	0.94	0.34	0.51	0.94	0.08	0.78	0.5	0.87	0.87	-0.16	0.88	0.67	0.91	0.61
Total Liab	0.95	0.07	0.33	0.94	-0.6	-0.94	0.69	0.71	0.87	0.86		0.75	0.94	0.29	0.4	0.94	0.3	0.74	0.34	0.86	0.86	-0.06	0.91	0.52	0.93	0.53
Total Current Assets	0.87	-0.05	0.08	0.88	-0.96	-0.86	0.98	0.99	0.87	0.79	0.75		0.88	0.09	0.19	0.88	0.09	0.83	0.24	0.76	0.76	-0.16	0.89	0.55	0.9	0.68
Common Stock	1.0	0.03	0.24	1.0	-0.74	-1.0	0.8	0.83	0.96	0.94	0.94	0.88		0.36	0.41	1.0	0.2	0.86	0.44	0.92	0.92	-0.09	0.96	0.68	0.99	0.7
Net Receivables	0.35	0.05	0.32	0.36	0.17	-0.4	-0.12	-0.05	0.47	0.34	0.29	0.09	0.36		0.27	0.38	0.13	0.43	0.44	0.43	0.44	-0.05	0.23	0.62	0.35	0.45
Short Long Term Debt Total	0.41	0.78	0.72	0.41	-0.04	-0.39	0.12	0.15	0.47	0.51	0.4	0.19	0.41	0.27		0.43	0.65	0.42	0.79	0.39	0.4	0.23	0.37	0.16	0.28	0.21
Net Tangible Assets	1.0	0.04	0.25	1.0	-0.73	-1.0	0.79	0.82	0.96	0.94	0.94	0.88	1.0	0.38	0.43		0.19	0.86	0.48	0.93	0.93	-0.1	0.96	0.69	0.98	0.7
Accounts Payable	0.2	0.7	0.97	0.19	0.04	-0.2	0.06	0.07	0.31	0.08	0.3	0.09	0.2	0.13	0.65	0.19		0.31	0.29	0.15	0.15	0.4	0.11	-0.01	0.12	0.07
Short Long Term Debt	0.85	0.17	0.35	0.86	-0.67	-0.86	0.73	0.77	0.95	0.78	0.74	0.83	0.86	0.43	0.42	0.86	0.31		0.33	0.76	0.76	0.26	0.78	0.6	0.83	0.87
Short Term Debt	0.44	0.32	0.45	0.45	-0.1	-0.44	0.14	0.17	0.44	0.5	0.34	0.24	0.44	0.44	0.79	0.48	0.29	0.33		0.55	0.56	-0.13	0.47	0.37	0.34	0.31
Property Plant And Equipment Net	0.92	-0.03	0.22	0.93	-0.62	-0.94	0.66	0.7	0.87	0.87	0.86	0.76	0.92	0.43	0.39	0.93	0.15	0.76	0.55		1.0	-0.13	0.89	0.71	0.9	0.76
Non Current Assets Total	0.92	-0.03	0.22	0.93	-0.61	-0.94	0.65	0.69	0.87	0.87	0.86	0.76	0.92	0.44	0.4	0.93	0.15	0.76	0.56	1.0		-0.13	0.89	0.71	0.9	0.76
Non Currrent Assets Other	-0.1	0.27	0.33	-0.1	0.2	0.08	-0.15	-0.16	0.01	-0.16	-0.06	-0.16	-0.09	-0.05	0.23	-0.1	0.4	0.26	-0.13	-0.13	-0.13		-0.17	-0.21	-0.18	0.3
Other Assets	0.96	-0.06	0.17	0.96	-0.79	-0.95	0.84	0.85	0.89	0.88	0.91	0.89	0.96	0.23	0.37	0.96	0.11	0.78	0.47	0.89	0.89	-0.17		0.52	0.94	0.64
Short Term Investments	0.67	-0.11	0.04	0.68	-0.39	-0.7	0.4	0.47	0.69	0.67	0.52	0.55	0.68	0.62	0.16	0.69	-0.01	0.6	0.37	0.71	0.71	-0.21	0.52		0.72	0.6
Other Current Assets	0.99	-0.06	0.16	0.99	-0.76	-0.99	0.81	0.85	0.94	0.91	0.93	0.9	0.99	0.35	0.28	0.98	0.12	0.83	0.34	0.9	0.9	-0.18	0.94	0.72		0.67
Intangible Assets	0.68	-0.09	0.11	0.69	-0.57	-0.73	0.59	0.62	0.77	0.61	0.53	0.68	0.7	0.45	0.21	0.7	0.07	0.87	0.31	0.76	0.76	0.3	0.64	0.6	0.67

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Tudor Gold Account Relationship Matchups

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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