Tudor Total Assets vs Net Receivables 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 Total Assets and its Net Receivables 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.
Total Assets vs Net Receivables
Total Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tudor Gold Corp Total Assets account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tudor Gold's Total Assets and Net Receivables is 0.35. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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 Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Tudor Gold Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Tudor Gold's Total Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Tudor Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tudor Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Receivables
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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When running Tudor Gold's price analysis, check to measure Tudor Gold'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 Tudor Gold is operating at the current time. Most of Tudor Gold's value examination focuses on studying past and present price action to predict the probability of Tudor Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tudor Gold's price. Additionally, you may evaluate how the addition of Tudor Gold to your portfolios can decrease your overall portfolio volatility.