Teuton Other Current Assets vs Other Current Liab Analysis

TUO Stock  CAD 1.02  0.03  2.86%   
Teuton Resources financial indicator trend analysis is much more than just breaking down Teuton Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teuton Resources Corp is a good investment. Please check the relationship between Teuton Resources Other Current Assets and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teuton Resources 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.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teuton Resources Corp Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Teuton Resources' Other Current Assets and Other Current Liab is -0.03. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Teuton Resources Corp, assuming nothing else is changed. The correlation between historical values of Teuton Resources' Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Teuton Resources Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Teuton Resources' Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

Most indicators from Teuton Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teuton Resources 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 Teuton Resources 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.
At this time, Teuton Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 81.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Teuton Resources fundamental ratios Correlations

-0.25-0.361.0-0.83-0.39-0.360.820.250.990.790.920.15-0.360.990.85-0.020.03-0.250.310.42-0.340.96-0.14-0.310.48
-0.250.65-0.30.25-0.080.52-0.250.21-0.29-0.26-0.26-0.030.65-0.29-0.180.12-0.12-0.040.06-0.1-0.14-0.330.520.00.03
-0.360.65-0.440.260.050.98-0.260.17-0.39-0.48-0.40.351.0-0.39-0.310.17-0.320.03-0.13-0.27-0.06-0.430.590.21-0.16
1.0-0.3-0.44-0.82-0.38-0.440.820.220.990.80.930.11-0.440.990.85-0.030.05-0.250.310.43-0.320.97-0.19-0.310.47
-0.830.250.26-0.82-0.050.27-1.0-0.05-0.85-0.52-0.580.10.26-0.85-0.56-0.120.070.230.070.010.14-0.820.18-0.05-0.12
-0.39-0.080.05-0.38-0.050.060.06-0.39-0.34-0.72-0.56-0.580.05-0.33-0.670.290.170.39-0.75-0.870.55-0.34-0.290.66-0.7
-0.360.520.98-0.440.270.06-0.270.17-0.39-0.5-0.410.420.98-0.39-0.310.16-0.290.07-0.12-0.27-0.06-0.430.540.2-0.16
0.82-0.25-0.260.82-1.00.06-0.270.050.850.510.58-0.1-0.260.850.560.13-0.07-0.23-0.07-0.01-0.140.82-0.180.060.12
0.250.210.170.22-0.05-0.390.170.050.110.180.130.140.170.130.490.620.30.440.040.18-0.840.170.110.070.33
0.99-0.29-0.390.99-0.85-0.34-0.390.850.110.780.920.12-0.391.00.82-0.09-0.04-0.350.280.39-0.220.97-0.14-0.280.44
0.79-0.26-0.480.8-0.52-0.72-0.50.510.180.780.830.25-0.480.770.84-0.22-0.24-0.550.520.64-0.460.770.06-0.490.52
0.92-0.26-0.40.93-0.58-0.56-0.410.580.130.920.830.26-0.40.920.85-0.23-0.01-0.370.480.6-0.250.9-0.08-0.460.6
0.15-0.030.350.110.1-0.580.42-0.10.140.120.250.260.350.110.28-0.28-0.07-0.340.540.48-0.20.080.46-0.440.36
-0.360.651.0-0.440.260.050.98-0.260.17-0.39-0.48-0.40.35-0.39-0.310.17-0.320.03-0.13-0.27-0.06-0.430.590.21-0.16
0.99-0.29-0.390.99-0.85-0.33-0.390.850.131.00.770.920.11-0.390.82-0.07-0.01-0.310.280.38-0.240.98-0.16-0.270.44
0.85-0.18-0.310.85-0.56-0.67-0.310.560.490.820.840.850.28-0.310.82-0.02-0.02-0.310.430.6-0.520.870.02-0.280.72
-0.020.120.17-0.03-0.120.290.160.130.62-0.09-0.22-0.23-0.280.17-0.07-0.020.270.49-0.71-0.42-0.47-0.080.050.69-0.33
0.03-0.12-0.320.050.070.17-0.29-0.070.3-0.04-0.24-0.01-0.07-0.32-0.01-0.020.270.67-0.010.10.010.0-0.53-0.030.17
-0.25-0.040.03-0.250.230.390.07-0.230.44-0.35-0.55-0.37-0.340.03-0.31-0.310.490.67-0.29-0.29-0.11-0.31-0.520.23-0.17
0.310.06-0.130.310.07-0.75-0.12-0.070.040.280.520.480.54-0.130.280.43-0.71-0.01-0.290.76-0.180.260.07-0.940.65
0.42-0.1-0.270.430.01-0.87-0.27-0.010.180.390.640.60.48-0.270.380.6-0.420.1-0.290.76-0.240.39-0.03-0.720.8
-0.34-0.14-0.06-0.320.140.55-0.06-0.14-0.84-0.22-0.46-0.25-0.2-0.06-0.24-0.52-0.470.01-0.11-0.18-0.24-0.21-0.280.15-0.15
0.96-0.33-0.430.97-0.82-0.34-0.430.820.170.970.770.90.08-0.430.980.87-0.080.0-0.310.260.39-0.21-0.19-0.20.54
-0.140.520.59-0.190.18-0.290.54-0.180.11-0.140.06-0.080.460.59-0.160.020.05-0.53-0.520.07-0.03-0.28-0.190.04-0.09
-0.310.00.21-0.31-0.050.660.20.060.07-0.28-0.49-0.46-0.440.21-0.27-0.280.69-0.030.23-0.94-0.720.15-0.20.04-0.48
0.480.03-0.160.47-0.12-0.7-0.160.120.330.440.520.60.36-0.160.440.72-0.330.17-0.170.650.8-0.150.54-0.09-0.48
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Teuton Resources Account Relationship Matchups

Teuton Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M23.4M23.6M15.7M14.7M15.4M
Other Current Liab59.0K84.9K6.8K17.7K70.8K89.5K
Total Current Liabilities84.9K80.0K109.5K91.8K70.8K67.3K
Total Stockholder Equity6.5M23.3M23.5M15.6M14.6M15.3M
Net Debt(805.6K)(12.5M)(5.9M)(2.4M)(1.2M)(1.3M)
Retained Earnings(13.2M)(9.3M)(12.9M)(23.0M)(25.0M)(23.7M)
Accounts Payable71.8K73.2K109.5K74.2K85.3K81.1K
Cash818.7K12.5M5.9M2.4M1.2M1.2M
Non Current Assets Total3.9M3.8M4.0M4.7M4.6M3.2M
Cash And Short Term Investments2.6M19.5M19.5M10.9M9.9M10.4M
Common Stock Shares Outstanding44.0M53.0M53.4M56.6M57.3M60.2M
Short Term Investments1.8M7.0M13.6M8.4M8.7M9.1M
Liabilities And Stockholders Equity6.6M23.4M23.6M15.7M14.7M15.4M
Other Current Assets17.9K11.7K30.9K60.0K85.5K89.7K
Total Liab84.9K80.0K109.5K91.8K70.8K67.3K
Total Current Assets2.7M19.6M19.7M11.0M10.0M10.5M
Common Stock17.8M29.5M32.5M32.9M37.9M21.1M
Property Plant And Equipment Net3.6M3.7M3.7M4.4M925.1K878.9K
Other Stockholder Equity2.0M3.2M3.9M5.7M5.1M4.3M
Accumulated Other Comprehensive Income2.0M3.2M3.9M5.7M6.6M7.0M
Net Receivables84.9K65.6K144.3K66.2K46.7K44.4K
Non Currrent Assets Other234.6K121.3K151.4K268.4K3.4M3.6M
Net Tangible Assets6.5M23.3M23.5M15.6M17.9M10.1M
Other Assets244.7K161.9K274.9K268.4K241.5K250.2K
Property Plant Equipment3.6M3.7M3.7M4.4M5.1M3.9M
Net Invested Capital6.5M23.3M23.5M15.6M17.9M14.3M
Net Working Capital2.6M19.5M19.6M10.9M12.5M10.0M
Capital Stock17.8M29.5M32.5M32.9M37.9M28.5M

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