Tnr Gold Corp Stock Current Asset
TNR Stock | CAD 0.05 0.00 0.00% |
TNR Gold Corp fundamentals help investors to digest information that contributes to TNR Gold's financial success or failures. It also enables traders to predict the movement of TNR Stock. The fundamental analysis module provides a way to measure TNR Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TNR Gold stock.
Other Current Assets is likely to climb to about 23.5 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 32.1 K in 2024. TNR | Current Asset |
TNR Gold Corp Company Current Asset Analysis
TNR Gold's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
TNR Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for TNR Gold is extremely important. It helps to project a fair market value of TNR Stock properly, considering its historical fundamentals such as Current Asset. Since TNR Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TNR Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TNR Gold's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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TNR Total Assets
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In accordance with the recently published financial statements, TNR Gold Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
TNR Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of TNR Gold from analyzing TNR Gold's financial statements. These drivers represent accounts that assess TNR Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TNR Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 3.9M | 9.1M | 9.3M | 7.6M | 10.5M | 6.5M | |
Enterprise Value | 8.8M | 14.8M | 16.1M | 14.5M | 9.9M | 8.1M |
TNR Fundamentals
Return On Equity | -1.46 | ||||
Return On Asset | -0.8 | ||||
Current Valuation | 16.44 M | ||||
Shares Outstanding | 190.06 M | ||||
Shares Owned By Insiders | 15.01 % | ||||
Number Of Shares Shorted | 5.95 K | ||||
Price To Earning | 8.33 X | ||||
Price To Book | 48.75 X | ||||
Gross Profit | (99.22 K) | ||||
EBITDA | (1.5 M) | ||||
Net Income | 7.89 M | ||||
Cash And Equivalents | 309.98 K | ||||
Total Debt | 35.3 K | ||||
Debt To Equity | 0.80 % | ||||
Current Ratio | 1.92 X | ||||
Book Value Per Share | 0 X | ||||
Cash Flow From Operations | (2.24 M) | ||||
Short Ratio | 0.16 X | ||||
Target Price | 0.24 | ||||
Beta | 0.64 | ||||
Market Capitalization | 9.5 M | ||||
Total Asset | 642.19 K | ||||
Retained Earnings | (42.19 M) | ||||
Working Capital | 573.05 K | ||||
Net Asset | 642.19 K |
About TNR Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TNR Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TNR Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TNR Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for TNR Stock Analysis
When running TNR Gold's price analysis, check to measure TNR Gold's 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 TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.