Tectonic Net Working Capital from 2010 to 2026

TECT Stock  CAD 0.88  0.02  2.33%   
Tectonic Metals Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 2.2 M in 2026. During the period from 2010 to 2026, Tectonic Metals Net Working Capital regression line of quarterly data had mean square error of 234.5 B and geometric mean of  2,021,141. View All Fundamentals
 
Net Working Capital  
First Reported
2020-03-31
Previous Quarter
8.3 M
Current Value
18.4 M
Quarterly Volatility
4.1 M
 
Covid
Check Tectonic Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Metals' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Net Interest Income of 33 K or Depreciation And Amortization of 32 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 9.45. Tectonic financial statements analysis is a perfect complement when working with Tectonic Metals Valuation or Volatility modules.
  
This module can also supplement various Tectonic Metals Technical models . Check out the analysis of Tectonic Metals Correlation against competitors.

Latest Tectonic Metals' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Tectonic Metals over the last few years. It is Tectonic Metals' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tectonic Metals' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Tectonic Net Working Capital Regression Statistics

Arithmetic Mean2,082,841
Geometric Mean2,021,141
Coefficient Of Variation22.65
Mean Deviation247,547
Median2,060,669
Standard Deviation471,680
Sample Variance222.5B
Range2.4M
R-Value0.11
Mean Square Error234.5B
R-Squared0.01
Significance0.68
Slope10,208
Total Sum of Squares3.6T

Tectonic Net Working Capital History

20262.2 M
20252.5 M
20242.2 M
2023M
20222.3 M
2021829.4 K
20203.3 M

About Tectonic Metals Financial Statements

Tectonic Metals investors use historical fundamental indicators, such as Tectonic Metals' Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tectonic Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital2.5 M2.2 M

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Additional Tools for Tectonic Stock Analysis

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