Trigon Book Value Per Share vs Ptb Ratio Analysis

TM Stock

CAD 0.17 0.00 0.00%

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

Book Value Per Share vs Ptb Ratio

Book Value Per Share vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Book Value Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Trigon Metals' Book Value Per Share and Ptb Ratio is 0.1. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Trigon Metals, assuming nothing else is changed. The correlation between historical values of Trigon Metals' Book Value Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Trigon Metals are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Book Value Per Share i.e., Trigon Metals' Book Value Per Share and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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

Selling General Administrative is likely to drop to about 1.6 M in 2024. Discontinued Operations is likely to drop to about (3.4 M) in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.3M	4.9M	5.6M	3.0M
Cost Of Revenue	194.3K	2.0M	1.8M	2.6M

Total Operating Expenses Cost Of Revenue

Trigon Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Cash	Cash And Short Term Investments	Intangible Assets	Inventory	Other Current Assets	Short Term Investments	Common Stock
Total Assets		-0.25	0.88	0.35	-0.52	0.93	-0.91	-0.84	0.11	0.94	0.76	0.45	0.92	0.97	0.23	0.98	0.97	-0.58	0.76	0.96	0.96	-0.77	-0.29	-0.06	0.01	0.74
Short Long Term Debt Total	-0.25		-0.02	0.68	0.82	0.05	0.55	-0.07	0.8	0.01	0.03	0.63	-0.04	-0.45	0.27	-0.38	-0.42	0.83	-0.14	-0.47	-0.47	0.35	-0.29	0.31	0.33	0.24
Other Current Liab	0.88	-0.02		0.47	-0.25	0.89	-0.73	-0.76	0.23	0.9	0.72	0.54	0.84	0.79	0.43	0.82	0.82	-0.42	0.53	0.8	0.8	-0.64	-0.18	0.17	-0.04	0.71
Total Current Liabilities	0.35	0.68	0.47		0.5	0.63	0.02	-0.42	0.95	0.59	0.44	0.96	0.48	0.13	0.24	0.21	0.14	0.3	0.5	0.08	0.08	-0.03	-0.14	0.43	0.05	0.64
Total Stockholder Equity	-0.52	0.82	-0.25	0.5		-0.18	0.77	0.28	0.68	-0.23	-0.25	0.47	-0.4	-0.71	0.31	-0.66	-0.69	0.81	-0.23	-0.73	-0.73	0.56	-0.03	0.4	0.16	-0.1
Property Plant And Equipment Net	0.93	0.05	0.89	0.63	-0.18		-0.72	-0.79	0.43	1.0	0.71	0.74	0.86	0.81	0.33	0.85	0.82	-0.3	0.83	0.78	0.78	-0.63	-0.3	0.2	0.05	0.77
Net Debt	-0.91	0.55	-0.73	0.02	0.77	-0.72		0.74	0.27	-0.75	-0.63	-0.08	-0.79	-0.97	-0.12	-0.96	-0.97	0.76	-0.61	-0.98	-0.98	0.68	0.24	0.22	-0.02	-0.57
Retained Earnings	-0.84	-0.07	-0.76	-0.42	0.28	-0.79	0.74		-0.19	-0.8	-0.82	-0.47	-0.88	-0.77	-0.4	-0.79	-0.79	0.26	-0.53	-0.77	-0.77	0.49	0.66	0.3	-0.42	-0.88
Accounts Payable	0.11	0.8	0.23	0.95	0.68	0.43	0.27	-0.19		0.39	0.26	0.91	0.26	-0.12	0.18	-0.04	-0.11	0.48	0.35	-0.17	-0.17	0.12	-0.06	0.51	0.02	0.45
Non Current Assets Total	0.94	0.01	0.9	0.59	-0.23	1.0	-0.75	-0.8	0.39		0.72	0.7	0.88	0.84	0.32	0.87	0.85	-0.34	0.83	0.81	0.81	-0.66	-0.29	0.17	0.04	0.77
Non Currrent Assets Other	0.76	0.03	0.72	0.44	-0.25	0.71	-0.63	-0.82	0.26	0.72		0.45	0.93	0.7	0.1	0.73	0.73	-0.43	0.41	0.71	0.71	-0.56	-0.44	-0.12	0.19	0.81
Net Receivables	0.45	0.63	0.54	0.96	0.47	0.74	-0.08	-0.47	0.91	0.7	0.45		0.51	0.22	0.34	0.3	0.23	0.29	0.61	0.18	0.18	-0.18	-0.21	0.47	0.06	0.6
Common Stock Shares Outstanding	0.92	-0.04	0.84	0.48	-0.4	0.86	-0.79	-0.88	0.26	0.88	0.93	0.51		0.87	0.13	0.9	0.88	-0.49	0.61	0.86	0.86	-0.69	-0.36	-0.09	0.09	0.85
Non Current Liabilities Total	0.97	-0.45	0.79	0.13	-0.71	0.81	-0.97	-0.77	-0.12	0.84	0.7	0.22	0.87		0.1	1.0	1.0	-0.71	0.68	1.0	1.0	-0.79	-0.24	-0.17	-0.03	0.63
Other Stockholder Equity	0.23	0.27	0.43	0.24	0.31	0.33	-0.12	-0.4	0.18	0.32	0.1	0.34	0.13	0.1		0.12	0.14	0.18	0.05	0.12	0.12	-0.03	-0.2	-0.01	0.17	0.28
Total Liab	0.98	-0.38	0.82	0.21	-0.66	0.85	-0.96	-0.79	-0.04	0.87	0.73	0.3	0.9	1.0	0.12		0.99	-0.67	0.71	0.99	0.99	-0.79	-0.25	-0.13	-0.03	0.67
Total Current Assets	0.97	-0.42	0.82	0.14	-0.69	0.82	-0.97	-0.79	-0.11	0.85	0.73	0.23	0.88	1.0	0.14	0.99		-0.7	0.66	1.0	1.0	-0.79	-0.27	-0.15	0.0	0.64
Short Term Debt	-0.58	0.83	-0.42	0.3	0.81	-0.3	0.76	0.26	0.48	-0.34	-0.43	0.29	-0.49	-0.71	0.18	-0.67	-0.7		-0.29	-0.73	-0.73	0.54	-0.29	0.18	0.42	-0.18
Current Deferred Revenue	0.76	-0.14	0.53	0.5	-0.23	0.83	-0.61	-0.53	0.35	0.83	0.41	0.61	0.61	0.68	0.05	0.71	0.66	-0.29		0.63	0.63	-0.49	-0.18	0.16	-0.02	0.52
Cash	0.96	-0.47	0.8	0.08	-0.73	0.78	-0.98	-0.77	-0.17	0.81	0.71	0.18	0.86	1.0	0.12	0.99	1.0	-0.73	0.63		1.0	-0.79	-0.25	-0.19	-0.01	0.62
Cash And Short Term Investments	0.96	-0.47	0.8	0.08	-0.73	0.78	-0.98	-0.77	-0.17	0.81	0.71	0.18	0.86	1.0	0.12	0.99	1.0	-0.73	0.63	1.0		-0.79	-0.25	-0.19	-0.01	0.62
Intangible Assets	-0.77	0.35	-0.64	-0.03	0.56	-0.63	0.68	0.49	0.12	-0.66	-0.56	-0.18	-0.69	-0.79	-0.03	-0.79	-0.79	0.54	-0.49	-0.79	-0.79		0.17	0.14	0.21	-0.31
Inventory	-0.29	-0.29	-0.18	-0.14	-0.03	-0.3	0.24	0.66	-0.06	-0.29	-0.44	-0.21	-0.36	-0.24	-0.2	-0.25	-0.27	-0.29	-0.18	-0.25	-0.25	0.17		0.44	-0.87	-0.47
Other Current Assets	-0.06	0.31	0.17	0.43	0.4	0.2	0.22	0.3	0.51	0.17	-0.12	0.47	-0.09	-0.17	-0.01	-0.13	-0.15	0.18	0.16	-0.19	-0.19	0.14	0.44		-0.34	-0.13
Short Term Investments	0.01	0.33	-0.04	0.05	0.16	0.05	-0.02	-0.42	0.02	0.04	0.19	0.06	0.09	-0.03	0.17	-0.03	0.0	0.42	-0.02	-0.01	-0.01	0.21	-0.87	-0.34		0.38
Common Stock	0.74	0.24	0.71	0.64	-0.1	0.77	-0.57	-0.88	0.45	0.77	0.81	0.6	0.85	0.63	0.28	0.67	0.64	-0.18	0.52	0.62	0.62	-0.31	-0.47	-0.13	0.38

Click cells to compare fundamentals

Trigon Metals Account Relationship Matchups

Trigon Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7M	3.0M	18.2M	35.7M	41.0M	43.1M
Short Long Term Debt Total	294.9K	1.9M	3.3M	194.2K	223.3K	212.1K
Other Current Liab	166.8K	666.2K	797.9K	910.2K	1.0M	1.1M
Total Current Liabilities	554.6K	1.0M	6.7M	1.8M	1.6M	1.3M
Total Stockholder Equity	1.5M	1.6M	9.8M	(4.3M)	(4.9M)	(4.7M)
Property Plant And Equipment Net	229.0K	308.8K	15.6M	13.2M	15.2M	16.0M
Net Debt	(1.2M)	(796.5K)	3.0M	(20.5M)	(18.5M)	(17.6M)
Retained Earnings	(28.8M)	(44.6M)	(49.5M)	(65.7M)	(59.2M)	(56.2M)
Accounts Payable	92.9K	347.9K	4.3M	153.4K	138.1K	131.2K
Non Current Assets Total	229.0K	308.8K	15.6M	14.4M	16.6M	17.4M
Net Receivables	23.9K	45.0K	1.8M	434.2K	390.8K	581.8K
Common Stock Shares Outstanding	60.3M	102.8M	143.3M	172.0M	197.8M	207.7M
Liabilities And Stockholders Equity	1.7M	3.0M	18.2M	35.7M	41.0M	43.1M
Other Stockholder Equity	48.4K	7.4M	7.6M	6.4M	5.8M	5.2M
Total Liab	554.6K	1.8M	9.3M	42.6M	49.0M	51.4M
Total Current Assets	1.5M	2.7M	2.6M	21.2M	24.4M	25.6M
Short Term Debt	294.9K	837.8K	1.6M	63.5K	57.2K	54.3K
Cash	1.4M	2.6M	319.9K	20.7M	23.8M	25.0M
Cash And Short Term Investments	1.4M	2.6M	319.9K	20.7M	23.8M	25.0M
Accumulated Other Comprehensive Income	1.8M	2.5M	3.9M	10.5M	12.1M	12.7M
Other Current Assets	20.8K	26.0K	528.1K	61.6K	55.4K	52.7K
Common Stock	28.4M	36.3M	47.7M	44.6M	51.2M	32.6M
Net Tangible Assets	(422.0K)	2.1M	2.1M	12.4M	14.2M	14.9M
Property Plant Equipment	342.1K	324.7K	388.4K	19.4M	22.4M	23.5M
Net Invested Capital	2.6M	2.1M	15.4M	(4.3M)	(4.9M)	(4.7M)
Net Working Capital	1.3M	2.1M	(5.6M)	19.5M	22.4M	23.5M
Capital Stock	40.2M	45.6M	59.6M	44.6M	51.2M	49.9M

Currently Active Assets on Macroaxis

MSFT	Microsoft
CRM	Salesforce
GOOG	Alphabet Inc Class C
V	Visa Class A
F	Ford Motor

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

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Trigon Stock analysis

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

	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine

Please note, there is a significant difference between Trigon Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trigon Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trigon Metals' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Trigon Book Value Per Share vs Ptb Ratio Analysis

Book Value Per Share vs Ptb Ratio

Book Value Per Share vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Book Value Per Share

Ptb Ratio

Trigon Metals fundamental ratios Correlations

Trigon Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trigon Metals fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Trigon Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Non Current Liabilities Total
Cash	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 1.0	Non Current Liabilities Total
Cash	+ 1.0	Total Current Assets

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Non Current Liabilities Total	- 0.97	Net Debt
Total Liab	- 0.96	Net Debt
Net Debt	- 0.91	Total Assets