Transition Issuance Of Capital Stock vs Stock Based Compensation Analysis

XTM Stock  CAD 0.05  0.01  11.11%   
Transition Metals financial indicator trend analysis is much more than just breaking down Transition Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transition Metals Corp is a good investment. Please check the relationship between Transition Metals Issuance Of Capital Stock and its Stock Based Compensation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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.

Issuance Of Capital Stock vs Stock Based Compensation

Issuance Of Capital Stock vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transition Metals Corp Issuance Of Capital Stock account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Transition Metals' Issuance Of Capital Stock and Stock Based Compensation is -0.14. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Transition Metals Corp, assuming nothing else is changed. The correlation between historical values of Transition Metals' Issuance Of Capital Stock and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Transition Metals Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Issuance Of Capital Stock i.e., Transition Metals' Issuance Of Capital Stock and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Issuance Of Capital Stock

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Transition Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transition Metals 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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, Transition Metals' Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 131.78 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 594.4 K in 2024.
 2023 2024 (projected)
Net Interest Income3.1K3.5K
Minority Interest616.9K592.2K

Transition Metals fundamental ratios Correlations

0.0-0.310.970.90.74-0.38-0.020.420.68-0.14-0.32-0.32-0.40.54-0.40.18-0.42-0.04-0.180.10.050.890.70.00.01
0.0-0.40.120.32-0.49-0.46-0.31-0.420.36-0.51-0.65-0.4-0.310.18-0.310.76-0.66-0.85-0.710.78-0.84-0.110.420.86-0.83
-0.31-0.4-0.45-0.49-0.190.970.810.17-0.250.230.71.00.560.230.56-0.430.770.370.7-0.370.25-0.3-0.22-0.280.21
0.970.12-0.450.960.74-0.51-0.210.340.72-0.19-0.51-0.45-0.540.47-0.540.35-0.6-0.18-0.290.27-0.080.840.720.14-0.12
0.90.32-0.490.960.62-0.57-0.30.220.77-0.27-0.66-0.5-0.640.46-0.640.54-0.73-0.36-0.420.47-0.270.740.760.36-0.31
0.74-0.49-0.190.740.62-0.24-0.080.590.360.23-0.08-0.19-0.360.19-0.36-0.14-0.170.360.2-0.20.450.730.31-0.40.38
-0.38-0.460.97-0.51-0.57-0.240.710.1-0.40.230.70.970.560.060.56-0.50.810.430.69-0.450.3-0.41-0.37-0.330.29
-0.02-0.310.81-0.21-0.3-0.080.710.250.050.120.730.810.680.590.68-0.390.680.370.62-0.340.290.140.12-0.310.21
0.42-0.420.170.340.220.590.10.250.060.60.320.17-0.240.19-0.24-0.390.210.450.45-0.370.470.430.11-0.50.35
0.680.36-0.250.720.770.36-0.40.050.06-0.15-0.56-0.26-0.440.83-0.440.68-0.66-0.56-0.430.67-0.50.730.980.52-0.56
-0.14-0.510.23-0.19-0.270.230.230.120.6-0.150.360.23-0.26-0.1-0.26-0.370.30.380.33-0.340.370.03-0.19-0.430.37
-0.32-0.650.7-0.51-0.66-0.080.70.730.32-0.560.360.70.75-0.060.75-0.840.970.820.79-0.820.74-0.16-0.51-0.740.72
-0.32-0.41.0-0.45-0.5-0.190.970.810.17-0.260.230.70.570.230.57-0.430.770.370.7-0.370.25-0.3-0.22-0.280.21
-0.4-0.310.56-0.54-0.64-0.360.560.68-0.24-0.44-0.260.750.570.021.0-0.560.770.470.54-0.530.39-0.25-0.39-0.420.39
0.540.180.230.470.460.190.060.590.190.83-0.1-0.060.230.020.020.35-0.16-0.29-0.040.37-0.290.640.870.29-0.38
-0.4-0.310.56-0.54-0.64-0.360.560.68-0.24-0.44-0.260.750.571.00.02-0.560.770.470.54-0.530.39-0.25-0.39-0.420.39
0.180.76-0.430.350.54-0.14-0.5-0.39-0.390.68-0.37-0.84-0.43-0.560.35-0.56-0.84-0.87-0.690.98-0.820.130.640.95-0.85
-0.42-0.660.77-0.6-0.73-0.170.810.680.21-0.660.30.970.770.77-0.160.77-0.840.780.79-0.810.68-0.33-0.62-0.70.68
-0.04-0.850.37-0.18-0.360.360.430.370.45-0.560.380.820.370.47-0.290.47-0.870.780.8-0.920.990.07-0.57-0.910.97
-0.18-0.710.7-0.29-0.420.20.690.620.45-0.430.330.790.70.54-0.040.54-0.690.790.8-0.670.76-0.03-0.43-0.70.64
0.10.78-0.370.270.47-0.2-0.45-0.34-0.370.67-0.34-0.82-0.37-0.530.37-0.530.98-0.81-0.92-0.67-0.890.060.640.94-0.93
0.05-0.840.25-0.08-0.270.450.30.290.47-0.50.370.740.250.39-0.290.39-0.820.680.990.76-0.890.17-0.52-0.90.97
0.89-0.11-0.30.840.740.73-0.410.140.430.730.03-0.16-0.3-0.250.64-0.250.13-0.330.07-0.030.060.170.72-0.110.1
0.70.42-0.220.720.760.31-0.370.120.110.98-0.19-0.51-0.22-0.390.87-0.390.64-0.62-0.57-0.430.64-0.520.720.52-0.58
0.00.86-0.280.140.36-0.4-0.33-0.31-0.50.52-0.43-0.74-0.28-0.420.29-0.420.95-0.7-0.91-0.70.94-0.9-0.110.52-0.9
0.01-0.830.21-0.12-0.310.380.290.210.35-0.560.370.720.210.39-0.380.39-0.850.680.970.64-0.930.970.1-0.58-0.9
Click cells to compare fundamentals

Transition Metals Account Relationship Matchups

Transition Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M9.3M4.8M3.4M3.9M6.4M
Other Current Liab45.2K109.8K56.9K166.0K190.9K200.4K
Total Current Liabilities346.7K381.1K376.1K384.9K346.4K294.5K
Total Stockholder Equity7.3M8.9M4.5M3.0M3.5M5.7M
Net Tangible Assets5.3M7.3M8.9M4.5M5.1M5.9M
Retained Earnings(4.5M)(3.3M)(7.2M)(9.4M)(10.8M)(11.4M)
Accounts Payable186.9K301.5K271.3K319.2K287.3K250.2K
Cash1.5M2.8M1.4M1.3M1.2M1.3M
Net Receivables63.5K320.2K127.5K36.4K32.7K31.1K
Short Term Investments2.2M3.9M1.8M919.5K1.1M1.1M
Other Current Assets49.6K49.7K49.8K50.0K45.0K41.1K
Other Stockholder Equity581.6K750.7K915.5K330.7K297.6K282.7K
Total Liab346.7K381.1K376.1K384.9K346.4K294.6K
Total Current Assets3.8M7.1M3.4M2.4M2.8M3.2M
Common Stock9.9M11.0M11.3M11.3M13.0M10.8M
Property Plant Equipment235.1K231.6K118.1K102.7K92.4K87.8K
Non Current Assets Total3.8M2.2M1.4M1.0M927.3K881.0K
Common Stock Shares Outstanding45.7M57.2M57.1M59.5M68.4M50.6M
Long Term Investments3.6M2.0M1.3M940.4K846.4K804.1K
Net Invested Capital7.3M8.9M4.5M3.0M2.7M4.5M
Net Working Capital3.5M6.8M3.1M2.0M2.3M3.0M
Capital Stock11.0M11.3M11.3M11.9M13.7M11.9M

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