Trigon Cash vs Total Liab Analysis

TM Stock

CAD 0.19 0.01 5.56%

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 Cash and its Total Liab 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.

Cash vs Total Liab

Cash vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Cash account and Total Liab. At this time, the significance of the direction appears to have totally related.

The correlation between Trigon Metals' Cash and Total Liab is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Liab 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' Cash and Total 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 Cash of Trigon Metals are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash i.e., Trigon Metals' Cash and Total Liab go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Trigon Metals, which is listed under current asset account on Trigon Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Trigon Metals customers. The amounts must be unrestricted with restricted cash listed in a different Trigon Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

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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

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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Trigon Cash vs Total Liab Analysis

Cash vs Total Liab

Cash vs Total Liab Correlation Analysis

Correlation Coefficient

Cash

Total Liab

Trigon Metals fundamental ratios Correlations

Trigon Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trigon Metals fundamental ratios Accounts

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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