Taseko Net Debt vs Gross Profit Margin Analysis

TGB Stock

USD 2.38 0.08 3.25%

Taseko Mines financial indicator trend analysis is much more than just breaking down Taseko Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taseko Mines is a good investment. Please check the relationship between Taseko Mines Net Debt and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taseko Mines Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Taseko Mines' Net Debt and Gross Profit Margin is 0.46. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Taseko Mines, assuming nothing else is changed. The correlation between historical values of Taseko Mines' Net Debt and Gross Profit Margin 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 Taseko Mines are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Taseko Mines' Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Gross Profit Margin

Most indicators from Taseko Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taseko Mines 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 Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.At present, Taseko Mines' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.06, whereas Selling General Administrative is forecasted to decline to about 13.8 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	20.9M	15.0M	19.4M	15.1M
Other Operating Expenses	290.4M	352.4M	398.0M	417.9M

Total Operating Expenses Other Operating Expenses

Taseko Mines fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Retained Earnings	Short Term Debt	Inventory	Other Liab	Net Tangible Assets	Other Assets
Common Stock Shares Outstanding		0.91	0.92	0.79	0.48	0.89	0.78	0.57	0.31	0.89	-0.04	0.31	-0.07	0.91	0.0	-0.04	0.91	0.8	0.4	0.59	-0.52	0.29	0.77	0.84	0.68	-0.21
Total Assets	0.91		0.92	0.9	0.52	0.94	0.78	0.54	0.3	0.96	0.1	0.3	0.09	0.97	0.1	0.05	0.97	0.89	0.44	0.73	-0.26	0.29	0.85	0.81	0.6	-0.2
Short Long Term Debt Total	0.92	0.92		0.85	0.24	0.95	0.92	0.34	0.16	0.93	-0.21	0.16	-0.21	0.98	-0.12	-0.15	0.98	0.96	0.26	0.72	-0.58	0.25	0.94	0.86	0.71	-0.41
Total Current Liabilities	0.79	0.9	0.85		0.39	0.86	0.75	0.35	0.2	0.87	-0.03	0.21	0.21	0.86	-0.02	-0.09	0.89	0.86	0.37	0.88	-0.24	0.42	0.85	0.61	0.61	-0.31
Total Stockholder Equity	0.48	0.52	0.24	0.39		0.3	0.02	0.84	0.56	0.39	0.53	0.57	0.6	0.32	0.45	0.33	0.33	0.14	0.71	0.16	0.34	0.36	0.07	0.2	0.09	0.39
Property Plant And Equipment Net	0.89	0.94	0.95	0.86	0.3		0.94	0.35	-0.01	0.99	-0.15	-0.01	-0.1	0.97	-0.2	-0.23	0.97	0.92	0.13	0.73	-0.49	0.29	0.9	0.84	0.76	-0.26
Net Debt	0.78	0.78	0.92	0.75	0.02	0.94		0.11	-0.24	0.9	-0.39	-0.24	-0.3	0.89	-0.42	-0.43	0.88	0.89	-0.12	0.68	-0.69	0.25	0.89	0.78	0.82	-0.36
Accounts Payable	0.57	0.54	0.34	0.35	0.84	0.35	0.11		0.56	0.42	0.26	0.58	0.3	0.38	0.36	0.26	0.38	0.22	0.63	0.03	0.12	0.27	0.16	0.26	0.05	0.11
Cash	0.31	0.3	0.16	0.2	0.56	-0.01	-0.24	0.56		0.04	0.45	1.0	0.22	0.18	0.75	0.69	0.19	0.13	0.95	0.05	0.27	0.02	0.08	0.16	-0.27	-0.08
Non Current Assets Total	0.89	0.96	0.93	0.87	0.39	0.99	0.9	0.42	0.04		-0.05	0.04	-0.02	0.97	-0.13	-0.17	0.97	0.9	0.18	0.71	-0.39	0.32	0.86	0.83	0.72	-0.18
Non Currrent Assets Other	-0.04	0.1	-0.21	-0.03	0.53	-0.15	-0.39	0.26	0.45	-0.05		0.44	0.56	-0.09	0.76	0.77	-0.08	-0.25	0.48	-0.12	0.65	0.13	-0.26	-0.09	-0.26	0.58
Cash And Short Term Investments	0.31	0.3	0.16	0.21	0.57	-0.01	-0.24	0.58	1.0	0.04	0.44		0.24	0.18	0.73	0.67	0.19	0.13	0.95	0.06	0.29	0.02	0.07	0.16	-0.28	-0.07
Net Receivables	-0.07	0.09	-0.21	0.21	0.6	-0.1	-0.3	0.3	0.22	-0.02	0.56	0.24		-0.14	0.34	0.25	-0.09	-0.2	0.4	0.25	0.69	0.06	-0.21	-0.37	-0.04	0.43
Non Current Liabilities Total	0.91	0.97	0.98	0.86	0.32	0.97	0.89	0.38	0.18	0.97	-0.09	0.18	-0.14		-0.03	-0.06	1.0	0.96	0.3	0.74	-0.45	0.22	0.93	0.89	0.67	-0.34
Other Current Assets	0.0	0.1	-0.12	-0.02	0.45	-0.2	-0.42	0.36	0.75	-0.13	0.76	0.73	0.34	-0.03		0.98	-0.03	-0.12	0.75	-0.08	0.52	-0.09	-0.14	-0.05	-0.45	0.01
Other Stockholder Equity	-0.04	0.05	-0.15	-0.09	0.33	-0.23	-0.43	0.26	0.69	-0.17	0.77	0.67	0.25	-0.06	0.98		-0.07	-0.15	0.66	-0.14	0.48	-0.14	-0.16	-0.04	-0.47	0.01
Total Liab	0.91	0.97	0.98	0.89	0.33	0.97	0.88	0.38	0.19	0.97	-0.08	0.19	-0.09	1.0	-0.03	-0.07		0.96	0.31	0.77	-0.43	0.25	0.94	0.87	0.67	-0.34
Property Plant And Equipment Gross	0.8	0.89	0.96	0.86	0.14	0.92	0.89	0.22	0.13	0.9	-0.25	0.13	-0.2	0.96	-0.12	-0.15	0.96		0.23	0.8	-0.48	0.17	0.97	0.82	0.64	-0.51
Total Current Assets	0.4	0.44	0.26	0.37	0.71	0.13	-0.12	0.63	0.95	0.18	0.48	0.95	0.4	0.3	0.75	0.66	0.31	0.23		0.24	0.3	0.09	0.19	0.19	-0.12	-0.06
Other Current Liab	0.59	0.73	0.72	0.88	0.16	0.73	0.68	0.03	0.05	0.71	-0.12	0.06	0.25	0.74	-0.08	-0.14	0.77	0.8	0.24		-0.2	0.06	0.82	0.53	0.61	-0.39
Retained Earnings	-0.52	-0.26	-0.58	-0.24	0.34	-0.49	-0.69	0.12	0.27	-0.39	0.65	0.29	0.69	-0.45	0.52	0.48	-0.43	-0.48	0.3	-0.2		-0.06	-0.52	-0.53	-0.64	0.45
Short Term Debt	0.29	0.29	0.25	0.42	0.36	0.29	0.25	0.27	0.02	0.32	0.13	0.02	0.06	0.22	-0.09	-0.14	0.25	0.17	0.09	0.06	-0.06		0.14	0.04	0.2	0.22
Inventory	0.77	0.85	0.94	0.85	0.07	0.9	0.89	0.16	0.08	0.86	-0.26	0.07	-0.21	0.93	-0.14	-0.16	0.94	0.97	0.19	0.82	-0.52	0.14		0.78	0.66	-0.53
Other Liab	0.84	0.81	0.86	0.61	0.2	0.84	0.78	0.26	0.16	0.83	-0.09	0.16	-0.37	0.89	-0.05	-0.04	0.87	0.82	0.19	0.53	-0.53	0.04	0.78		0.54	-0.23
Net Tangible Assets	0.68	0.6	0.71	0.61	0.09	0.76	0.82	0.05	-0.27	0.72	-0.26	-0.28	-0.04	0.67	-0.45	-0.47	0.67	0.64	-0.12	0.61	-0.64	0.2	0.66	0.54		-0.09
Other Assets	-0.21	-0.2	-0.41	-0.31	0.39	-0.26	-0.36	0.11	-0.08	-0.18	0.58	-0.07	0.43	-0.34	0.01	0.01	-0.34	-0.51	-0.06	-0.39	0.45	0.22	-0.53	-0.23	-0.09

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Taseko Mines Account Relationship Matchups

Taseko Mines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	243.9M	250.5M	287.5M	286.2M	291.0M	305.5M
Total Assets	884.0M	910.4M	1.2B	1.3B	1.6B	1.6B
Short Long Term Debt Total	373.5M	363.4M	533.1M	587.5M	637.9M	669.8M
Total Current Liabilities	67.3M	78.5M	103.5M	112.6M	141.2M	148.2M
Total Stockholder Equity	301.7M	317.4M	358.5M	356.4M	434.1M	257.1M
Property Plant And Equipment Net	758.0M	742.6M	837.8M	1.0B	1.3B	1.4B
Net Debt	320.3M	278.3M	296.3M	466.6M	541.4M	568.5M
Accounts Payable	24.2M	32.8M	30.1M	31.7M	28.6M	23.7M
Cash	53.2M	85.1M	236.8M	120.9M	96.5M	73.4M
Non Current Assets Total	770.1M	753.2M	846.0M	1.0B	1.3B	1.4B
Non Currrent Assets Other	4.4M	4.1M	1.7M	1.8M	17.6M	34.3M
Cash And Short Term Investments	53.9M	86.9M	239.9M	123.4M	97.8M	77.5M
Net Receivables	13.8M	6.7M	9.6M	13.2M	16.5M	17.8M
Liabilities And Stockholders Equity	884.0M	910.4M	1.2B	1.3B	1.6B	1.6B
Non Current Liabilities Total	515.0M	514.5M	721.2M	809.6M	991.0M	1.0B
Other Current Assets	2.5M	4.8M	7.9M	11.4M	12.2M	7.5M
Other Stockholder Equity	51.6M	53.4M	55.4M	55.8M	54.8M	92.9M
Total Liab	582.3M	593.0M	824.7M	922.3M	1.1B	1.2B
Property Plant And Equipment Gross	758.0M	742.6M	1.5B	1.7B	2.0B	2.1B
Total Current Assets	113.9M	157.2M	337.2M	240.9M	249.5M	137.0M
Accumulated Other Comprehensive Income	6.8M	7.7M	6.6M	26.8M	16.6M	13.0M
Other Current Liab	22.1M	22.5M	41.6M	50.4M	74.6M	78.4M
Retained Earnings	(193.1M)	(216.6M)	(180.1M)	(206.1M)	(123.4M)	(129.5M)
Short Term Debt	16.5M	17.6M	18.3M	18.4M	27.7M	14.3M
Inventory	43.6M	58.8M	79.9M	92.8M	122.9M	129.1M
Other Liab	158.0M	168.7M	207.8M	241.5M	277.7M	291.6M
Net Tangible Assets	296.3M	312.1M	353.3M	350.8M	403.4M	423.6M
Other Assets	4.4M	4.1M	1.7M	1.8M	1.6M	1.5M
Long Term Debt	336.5M	326.5M	503.4M	566.1M	603.3M	633.5M
Good Will	5.4M	5.3M	5.2M	5.6M	5.5M	3.0M
Common Stock Total Equity	422.1M	423.4M	436.3M	472.9M	543.8M	313.0M
Short Term Investments	730K	1.8M	3.1M	2.6M	1.3M	1.3M
Long Term Investments	5.5M	4.0M	1.6M	1.2M	1.4M	1.3M
Short Long Term Debt	6.6M	7.5M	6.5M	8.5M	11.1M	16.6M
Common Stock	436.3M	472.9M	476.6M	479.9M	486.1M	337.6M
Property Plant Equipment	758.0M	742.6M	837.8M	1.0B	1.2B	1.2B
Current Deferred Revenue	4.6M	5.6M	13.4M	12.1M	10.3M	5.7M
Long Term Debt Total	357.0M	345.8M	514.8M	569.1M	654.4M	430.2M
Capital Surpluse	51.6M	53.4M	55.4M	55.8M	64.2M	55.2M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taseko Mines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taseko Mines' short interest history, or implied volatility extrapolated from Taseko Mines options trading.

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When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:

How To Invest In Taseko

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Is Taseko Stock a good investment?

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What is Taseko Mines' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.

Note that the Taseko Mines information on this page should be used as a complementary analysis to other Taseko Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Taseko Mines' price analysis, check to measure Taseko Mines' 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 Taseko Mines is operating at the current time. Most of Taseko Mines' value examination focuses on studying past and present price action to predict the probability of Taseko Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taseko Mines' price. Additionally, you may evaluate how the addition of Taseko Mines to your portfolios can decrease your overall portfolio volatility.

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Is Taseko Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.14)

Earnings Share

0.2

Revenue Per Share

1.819

Quarterly Revenue Growth

0.528

Return On Assets

0.0528

The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Taseko Net Debt vs Gross Profit Margin Analysis

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Debt

Gross Profit Margin

Taseko Mines fundamental ratios Correlations

Taseko Mines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Taseko Mines fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Other Stockholder Equity	+ 0.98	Other Current Assets

Retained Earnings	- 0.69	Net Debt
Net Tangible Assets	- 0.64	Retained Earnings
Retained Earnings	- 0.58	Short Long Term Debt Total
Other Assets	- 0.53	Inventory
Other Liab	- 0.53	Retained Earnings
Inventory	- 0.52	Retained Earnings