Tristar Inventory Turnover vs Free Cash Flow Yield Analysis

TSG Stock

CAD 0.12 0.01 7.69%

Tristar Gold financial indicator trend analysis is much more than just breaking down Tristar Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tristar Gold is a good investment. Please check the relationship between Tristar Gold Inventory Turnover and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tristar Gold. 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.

Inventory Turnover vs Free Cash Flow Yield

Inventory Turnover vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tristar Gold Inventory Turnover account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Tristar Gold's Inventory Turnover and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Tristar Gold, assuming nothing else is changed. The correlation between historical values of Tristar Gold's Inventory Turnover and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Tristar Gold are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Inventory Turnover i.e., Tristar Gold's Inventory Turnover and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Tristar Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tristar Gold 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 Tristar Gold. 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.

At this time, Tristar Gold's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 2,603 in 2024, whereas Discontinued Operations is likely to drop slightly above 155.4 K in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.6K	2K	1.8K	2.0K
Interest Income	12.1K	74.6K	123.4K	129.5K

Reconciled Depreciation Interest Income

Tristar Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Common Stock	Other Liab	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Gross
Total Assets		0.05	0.97	0.95	-0.63	-0.88	0.61	0.95	0.66	0.7	0.97	-0.55	-0.12	0.62	-0.55	0.94	0.62	0.95	0.7	0.93	0.82	0.75	0.76	0.71
Total Current Liabilities	0.05		-0.11	-0.13	-0.44	-0.14	0.46	-0.13	0.42	0.02	-0.08	-0.04	0.6	0.46	0.15	-0.14	0.37	-0.13	0.45	-0.21	-0.17	0.25	-0.13	-0.22
Total Stockholder Equity	0.97	-0.11		0.98	-0.45	-0.81	0.43	0.98	0.49	0.64	0.97	-0.5	-0.37	0.44	-0.67	0.96	0.57	0.97	0.69	0.96	0.82	0.7	0.75	0.72
Property Plant And Equipment Net	0.95	-0.13	0.98		-0.35	-0.79	0.32	1.0	0.39	0.6	0.95	-0.45	-0.36	0.33	-0.73	0.93	0.45	0.93	0.62	0.95	0.77	0.57	0.69	0.69
Net Debt	-0.63	-0.44	-0.45	-0.35		0.66	-1.0	-0.35	-0.99	-0.6	-0.53	0.53	-0.52	-1.0	-0.17	-0.52	-0.69	-0.54	-0.53	-0.41	-0.58	-0.82	-0.56	-0.43
Retained Earnings	-0.88	-0.14	-0.81	-0.79	0.66		-0.63	-0.79	-0.66	-0.64	-0.85	0.6	0.04	-0.63	0.44	-0.84	-0.51	-0.84	-0.69	-0.82	-0.78	-0.69	-0.77	-0.72
Cash	0.61	0.46	0.43	0.32	-1.0	-0.63		0.32	0.99	0.59	0.51	-0.51	0.54	1.0	0.19	0.48	0.69	0.52	0.52	0.37	0.54	0.81	0.52	0.38
Non Current Assets Total	0.95	-0.13	0.98	1.0	-0.35	-0.79	0.32		0.39	0.6	0.95	-0.45	-0.36	0.33	-0.73	0.93	0.45	0.93	0.62	0.95	0.77	0.57	0.69	0.69
Cash And Short Term Investments	0.66	0.42	0.49	0.39	-0.99	-0.66	0.99	0.39		0.62	0.58	-0.54	0.5	0.99	0.16	0.57	0.7	0.58	0.53	0.45	0.61	0.81	0.59	0.47
Net Receivables	0.7	0.02	0.64	0.6	-0.6	-0.64	0.59	0.6	0.62		0.76	-0.5	0.08	0.6	-0.15	0.68	0.32	0.7	0.4	0.67	0.71	0.57	0.66	0.67
Common Stock Shares Outstanding	0.97	-0.08	0.97	0.95	-0.53	-0.85	0.51	0.95	0.58	0.76		-0.59	-0.24	0.52	-0.54	0.98	0.52	0.98	0.66	0.97	0.87	0.7	0.79	0.78
Other Stockholder Equity	-0.55	-0.04	-0.5	-0.45	0.53	0.6	-0.51	-0.45	-0.54	-0.5	-0.59		-0.03	-0.52	0.02	-0.59	-0.41	-0.59	-0.34	-0.53	-0.68	-0.65	-0.63	-0.58
Total Liab	-0.12	0.6	-0.37	-0.36	-0.52	0.04	0.54	-0.36	0.5	0.08	-0.24	-0.03		0.53	0.62	-0.32	0.01	-0.3	-0.15	-0.38	-0.23	-0.01	-0.23	-0.27
Total Current Assets	0.62	0.46	0.44	0.33	-1.0	-0.63	1.0	0.33	0.99	0.6	0.52	-0.52	0.53		0.18	0.49	0.69	0.53	0.53	0.39	0.54	0.82	0.52	0.39
Non Current Liabilities Total	-0.55	0.15	-0.67	-0.73	-0.17	0.44	0.19	-0.73	0.16	-0.15	-0.54	0.02	0.62	0.18		-0.5	-0.2	-0.49	-0.37	-0.57	-0.35	-0.17	-0.33	-0.35
Common Stock	0.94	-0.14	0.96	0.93	-0.52	-0.84	0.48	0.93	0.57	0.68	0.98	-0.59	-0.32	0.49	-0.5		0.56	0.99	0.67	0.98	0.9	0.71	0.84	0.82
Other Liab	0.62	0.37	0.57	0.45	-0.69	-0.51	0.69	0.45	0.7	0.32	0.52	-0.41	0.01	0.69	-0.2	0.56		0.57	0.68	0.44	0.54	0.88	0.52	0.37
Net Tangible Assets	0.95	-0.13	0.97	0.93	-0.54	-0.84	0.52	0.93	0.58	0.7	0.98	-0.59	-0.3	0.53	-0.49	0.99	0.57		0.69	0.98	0.88	0.75	0.81	0.77
Accounts Payable	0.7	0.45	0.69	0.62	-0.53	-0.69	0.52	0.62	0.53	0.4	0.66	-0.34	-0.15	0.53	-0.37	0.67	0.68	0.69		0.63	0.45	0.71	0.43	0.33
Property Plant Equipment	0.93	-0.21	0.96	0.95	-0.41	-0.82	0.37	0.95	0.45	0.67	0.97	-0.53	-0.38	0.39	-0.57	0.98	0.44	0.98	0.63		0.84	0.62	0.77	0.77
Net Invested Capital	0.82	-0.17	0.82	0.77	-0.58	-0.78	0.54	0.77	0.61	0.71	0.87	-0.68	-0.23	0.54	-0.35	0.9	0.54	0.88	0.45	0.84		0.74	0.98	0.96
Net Working Capital	0.75	0.25	0.7	0.57	-0.82	-0.69	0.81	0.57	0.81	0.57	0.7	-0.65	-0.01	0.82	-0.17	0.71	0.88	0.75	0.71	0.62	0.74		0.71	0.56
Capital Stock	0.76	-0.13	0.75	0.69	-0.56	-0.77	0.52	0.69	0.59	0.66	0.79	-0.63	-0.23	0.52	-0.33	0.84	0.52	0.81	0.43	0.77	0.98	0.71		0.98
Property Plant And Equipment Gross	0.71	-0.22	0.72	0.69	-0.43	-0.72	0.38	0.69	0.47	0.67	0.78	-0.58	-0.27	0.39	-0.35	0.82	0.37	0.77	0.33	0.77	0.96	0.56	0.98

Click cells to compare fundamentals

Tristar Gold Account Relationship Matchups

Tristar Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.1M	29.2M	27.6M	29.4M	30.4M	19.3M
Total Current Liabilities	688.8K	528.7K	342.4K	237.8K	312.7K	420.8K
Total Stockholder Equity	19.0M	25.3M	25.6M	28.3M	29.5M	16.7M
Property Plant And Equipment Net	16.1M	19.0M	22.0M	24.3M	26.5M	15.0M
Net Debt	(5.5M)	(10.0M)	(5.4M)	(5.0M)	(4.5M)	(4.7M)
Retained Earnings	(30.8M)	(31.0M)	(30.8M)	(31.7M)	(32.4M)	(34.0M)
Cash	5.5M	10.0M	5.4M	5.0M	3.8M	4.2M
Non Current Assets Total	16.1M	19.0M	22.0M	24.3M	26.5M	15.0M
Cash And Short Term Investments	5.5M	10.0M	5.4M	5.0M	5.7M	4.2M
Net Receivables	32.8K	25.6K	93.2K	49.6K	47.7K	26.6K
Common Stock Shares Outstanding	179.3M	209.2M	255.4M	248.0M	279.9M	157.0M
Liabilities And Stockholders Equity	22.1M	29.2M	27.6M	29.4M	33.8M	18.3M
Other Stockholder Equity	4.5M	4.8M	3.9M	3.9M	3.5M	3.4M
Total Liab	3.0M	4.0M	1.9M	1.2M	893.7K	849.0K
Total Current Assets	5.9M	10.2M	5.6M	5.2M	3.9M	4.3M
Non Current Liabilities Total	2.3M	3.4M	1.6M	918.6K	581.0K	552.0K
Common Stock	45.1M	52.4M	52.5M	55.9M	64.3M	45.1M
Other Liab	634.7K	2.3M	3.4M	1.6M	1.8M	1.7M
Net Tangible Assets	19.3M	19.0M	25.3M	25.6M	29.5M	18.3M
Accounts Payable	179.8K	688.8K	528.7K	342.4K	393.8K	349.5K
Property Plant Equipment	19.3M	16.1M	19.0M	22.0M	25.2M	17.1M
Net Invested Capital	19.0M	25.3M	25.6M	28.3M	29.5M	25.8M
Accumulated Other Comprehensive Income	4.8M	3.9M	3.9M	4.1M	3.7M	3.4M
Net Working Capital	5.2M	9.7M	5.3M	4.9M	3.6M	4.7M
Capital Stock	45.1M	52.4M	52.5M	55.9M	57.9M	56.4M

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 Tristar Gold 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, Tristar Gold's short interest history, or implied volatility extrapolated from Tristar Gold options trading.

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Tristar Inventory Turnover vs Free Cash Flow Yield Analysis

Inventory Turnover vs Free Cash Flow Yield

Inventory Turnover vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Inventory Turnover

Free Cash Flow Yield

Tristar Gold fundamental ratios Correlations

Tristar Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tristar Gold fundamental ratios Accounts

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Complementary Tools for Tristar Stock analysis

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Net Tangible Assets	+ 0.99	Common Stock
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Total Current Assets	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Retained Earnings	- 0.88	Total Assets
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Net Tangible Assets	- 0.84	Retained Earnings