Trigon Current Deferred Revenue vs Non Currrent Assets Other 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 Current Deferred Revenue and its Non Currrent Assets Other 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.
Current Deferred Revenue vs Non Currrent Assets Other
Current Deferred Revenue vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Current Deferred Revenue account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Trigon Metals' Current Deferred Revenue and Non Currrent Assets Other is 0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Currrent Assets Other 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' Current Deferred Revenue and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Trigon Metals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Current Deferred Revenue i.e., Trigon Metals' Current Deferred Revenue and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 |
Trigon Metals fundamental ratios Correlations
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Trigon Metals Account Relationship Matchups
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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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