Trigon Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total Stockholder Equity 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.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Trigon Metals' Non Currrent Assets Other and Total Stockholder Equity is -0.25. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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' Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Trigon Metals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Trigon Metals' Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expenses5.3M4.9M5.6M3.0M
Cost Of Revenue194.3K2.0M1.8M2.6M

Trigon Metals fundamental ratios Correlations

-0.250.880.35-0.520.93-0.91-0.840.110.940.760.450.920.970.230.980.97-0.580.760.960.96-0.77-0.29-0.060.010.74
-0.25-0.020.680.820.050.55-0.070.80.010.030.63-0.04-0.450.27-0.38-0.420.83-0.14-0.47-0.470.35-0.290.310.330.24
0.88-0.020.47-0.250.89-0.73-0.760.230.90.720.540.840.790.430.820.82-0.420.530.80.8-0.64-0.180.17-0.040.71
0.350.680.470.50.630.02-0.420.950.590.440.960.480.130.240.210.140.30.50.080.08-0.03-0.140.430.050.64
-0.520.82-0.250.5-0.180.770.280.68-0.23-0.250.47-0.4-0.710.31-0.66-0.690.81-0.23-0.73-0.730.56-0.030.40.16-0.1
0.930.050.890.63-0.18-0.72-0.790.431.00.710.740.860.810.330.850.82-0.30.830.780.78-0.63-0.30.20.050.77
-0.910.55-0.730.020.77-0.720.740.27-0.75-0.63-0.08-0.79-0.97-0.12-0.96-0.970.76-0.61-0.98-0.980.680.240.22-0.02-0.57
-0.84-0.07-0.76-0.420.28-0.790.74-0.19-0.8-0.82-0.47-0.88-0.77-0.4-0.79-0.790.26-0.53-0.77-0.770.490.660.3-0.42-0.88
0.110.80.230.950.680.430.27-0.190.390.260.910.26-0.120.18-0.04-0.110.480.35-0.17-0.170.12-0.060.510.020.45
0.940.010.90.59-0.231.0-0.75-0.80.390.720.70.880.840.320.870.85-0.340.830.810.81-0.66-0.290.170.040.77
0.760.030.720.44-0.250.71-0.63-0.820.260.720.450.930.70.10.730.73-0.430.410.710.71-0.56-0.44-0.120.190.81
0.450.630.540.960.470.74-0.08-0.470.910.70.450.510.220.340.30.230.290.610.180.18-0.18-0.210.470.060.6
0.92-0.040.840.48-0.40.86-0.79-0.880.260.880.930.510.870.130.90.88-0.490.610.860.86-0.69-0.36-0.090.090.85
0.97-0.450.790.13-0.710.81-0.97-0.77-0.120.840.70.220.870.11.01.0-0.710.681.01.0-0.79-0.24-0.17-0.030.63
0.230.270.430.240.310.33-0.12-0.40.180.320.10.340.130.10.120.140.180.050.120.12-0.03-0.2-0.010.170.28
0.98-0.380.820.21-0.660.85-0.96-0.79-0.040.870.730.30.91.00.120.99-0.670.710.990.99-0.79-0.25-0.13-0.030.67
0.97-0.420.820.14-0.690.82-0.97-0.79-0.110.850.730.230.881.00.140.99-0.70.661.01.0-0.79-0.27-0.150.00.64
-0.580.83-0.420.30.81-0.30.760.260.48-0.34-0.430.29-0.49-0.710.18-0.67-0.7-0.29-0.73-0.730.54-0.290.180.42-0.18
0.76-0.140.530.5-0.230.83-0.61-0.530.350.830.410.610.610.680.050.710.66-0.290.630.63-0.49-0.180.16-0.020.52
0.96-0.470.80.08-0.730.78-0.98-0.77-0.170.810.710.180.861.00.120.991.0-0.730.631.0-0.79-0.25-0.19-0.010.62
0.96-0.470.80.08-0.730.78-0.98-0.77-0.170.810.710.180.861.00.120.991.0-0.730.631.0-0.79-0.25-0.19-0.010.62
-0.770.35-0.64-0.030.56-0.630.680.490.12-0.66-0.56-0.18-0.69-0.79-0.03-0.79-0.790.54-0.49-0.79-0.790.170.140.21-0.31
-0.29-0.29-0.18-0.14-0.03-0.30.240.66-0.06-0.29-0.44-0.21-0.36-0.24-0.2-0.25-0.27-0.29-0.18-0.25-0.250.170.44-0.87-0.47
-0.060.310.170.430.40.20.220.30.510.17-0.120.47-0.09-0.17-0.01-0.13-0.150.180.16-0.19-0.190.140.44-0.34-0.13
0.010.33-0.040.050.160.05-0.02-0.420.020.040.190.060.09-0.030.17-0.030.00.42-0.02-0.01-0.010.21-0.87-0.340.38
0.740.240.710.64-0.10.77-0.57-0.880.450.770.810.60.850.630.280.670.64-0.180.520.620.62-0.31-0.47-0.130.38
Click cells to compare fundamentals

Trigon Metals Account Relationship Matchups

Trigon Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7M3.0M18.2M35.7M41.0M43.1M
Short Long Term Debt Total294.9K1.9M3.3M194.2K223.3K212.1K
Other Current Liab166.8K666.2K797.9K910.2K1.0M1.1M
Total Current Liabilities554.6K1.0M6.7M1.8M1.6M1.3M
Total Stockholder Equity1.5M1.6M9.8M(4.3M)(4.9M)(4.7M)
Property Plant And Equipment Net229.0K308.8K15.6M13.2M15.2M16.0M
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 Payable92.9K347.9K4.3M153.4K138.1K131.2K
Non Current Assets Total229.0K308.8K15.6M14.4M16.6M17.4M
Net Receivables23.9K45.0K1.8M434.2K390.8K581.8K
Common Stock Shares Outstanding60.3M102.8M143.3M172.0M197.8M207.7M
Liabilities And Stockholders Equity1.7M3.0M18.2M35.7M41.0M43.1M
Other Stockholder Equity48.4K7.4M7.6M6.4M5.8M5.2M
Total Liab554.6K1.8M9.3M42.6M49.0M51.4M
Total Current Assets1.5M2.7M2.6M21.2M24.4M25.6M
Short Term Debt294.9K837.8K1.6M63.5K57.2K54.3K
Cash1.4M2.6M319.9K20.7M23.8M25.0M
Cash And Short Term Investments1.4M2.6M319.9K20.7M23.8M25.0M
Accumulated Other Comprehensive Income1.8M2.5M3.9M10.5M12.1M12.7M
Other Current Assets20.8K26.0K528.1K61.6K55.4K52.7K
Common Stock28.4M36.3M47.7M44.6M51.2M32.6M
Net Tangible Assets(422.0K)2.1M2.1M12.4M14.2M14.9M
Property Plant Equipment342.1K324.7K388.4K19.4M22.4M23.5M
Net Invested Capital2.6M2.1M15.4M(4.3M)(4.9M)(4.7M)
Net Working Capital1.3M2.1M(5.6M)19.5M22.4M23.5M
Capital Stock40.2M45.6M59.6M44.6M51.2M49.9M
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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.