Trilliant Exploratn Stock Current Liabilities
Trilliant Exploratn fundamentals help investors to digest information that contributes to Trilliant Exploratn's financial success or failures. It also enables traders to predict the movement of Trilliant Stock. The fundamental analysis module provides a way to measure Trilliant Exploratn'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 Trilliant Exploratn stock.
Trilliant |
Trilliant Exploratn Company Current Liabilities Analysis
Trilliant Exploratn's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Trilliant Exploratn Current Liabilities | 3.62 M |
Most of Trilliant Exploratn's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trilliant Exploratn is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
CompetitionIn accordance with the recently published financial statements, Trilliant Exploratn has a Current Liabilities of 3.62 M. This is 99.94% lower than that of the Basic Materials sector and significantly higher than that of the Nonmetallic Mineral Mining industry. The current liabilities for all United States stocks is 99.95% higher than that of the company.
Trilliant Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trilliant Exploratn's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trilliant Exploratn could also be used in its relative valuation, which is a method of valuing Trilliant Exploratn by comparing valuation metrics of similar companies.Trilliant Exploratn is currently under evaluation in current liabilities category among its peers.
Trilliant Fundamentals
Current Valuation | 2.24 M | |||
Shares Outstanding | 191.45 M | |||
Price To Earning | (0.08) X | |||
Net Income | (751.2 K) | |||
Cash And Equivalents | 24.37 K | |||
Total Debt | 1.48 M | |||
Current Ratio | 0.01 X | |||
Book Value Per Share | (0.03) X | |||
Cash Flow From Operations | (1.05 M) | |||
Earnings Per Share | (0.01) X | |||
Beta | -51.7 | |||
Market Capitalization | 191 | |||
Total Asset | 56.56 K | |||
Working Capital | (3.59 M) | |||
Current Asset | 24 K | |||
Current Liabilities | 3.62 M | |||
Net Asset | 56.56 K |
About Trilliant Exploratn Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trilliant Exploratn's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trilliant Exploratn using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trilliant Exploratn 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.
Pair Trading with Trilliant Exploratn
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trilliant Exploratn position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trilliant Exploratn will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Trilliant Exploratn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilliant Exploratn when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trilliant Exploratn - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trilliant Exploratn to buy it.
The correlation of Trilliant Exploratn is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trilliant Exploratn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilliant Exploratn moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trilliant Exploratn can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Trilliant Stock
If you are still planning to invest in Trilliant Exploratn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Trilliant Exploratn's history and understand the potential risks before investing.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |