Thunderstruck Net Invested Capital vs Non Current Assets Total Analysis

AWE Stock

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Thunderstruck Resources financial indicator trend analysis is much more than just breaking down Thunderstruck Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunderstruck Resources is a good investment. Please check the relationship between Thunderstruck Resources Net Invested Capital and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunderstruck Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Non Current Assets Total

Net Invested Capital vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderstruck Resources Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Thunderstruck Resources' Net Invested Capital and Non Current Assets Total is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Thunderstruck Resources, assuming nothing else is changed. The correlation between historical values of Thunderstruck Resources' Net Invested Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Thunderstruck Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., Thunderstruck Resources' Net Invested Capital and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Thunderstruck Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunderstruck Resources 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunderstruck Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Thunderstruck Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 76.5 K in 2024.

Thunderstruck Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Total Liab	Total Current Assets	Common Stock	Net Receivables	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Other Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Property Plant Equipment	Other Current Liab	Other Current Assets	Non Currrent Assets Other	Other Assets	Net Invested Capital	Net Working Capital	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.76	0.99	0.2	-0.98	-0.04	-0.04	0.76	0.05	0.99	0.25	0.99	0.97	0.35	0.17	0.51	0.99	0.96	0.55	-0.41	0.96	0.13	0.93	-0.54	0.86	0.88
Total Current Liabilities	0.76		0.67	0.42	-0.76	-0.22	-0.22	0.99	-0.05	0.73	0.43	0.75	0.75	0.66	-0.07	0.13	0.76	0.8	0.87	-0.38	0.74	0.28	0.53	-0.71	0.65	0.53
Total Stockholder Equity	0.99	0.67		0.15	-0.98	-0.02	-0.02	0.67	0.05	0.99	0.18	0.98	0.96	0.27	0.21	0.55	0.98	0.94	0.46	-0.41	0.95	0.08	0.95	-0.49	0.85	0.9
Net Debt	0.2	0.42	0.15		-0.31	-0.89	-0.89	0.38	-0.75	0.26	-0.09	0.3	0.29	0.25	-0.2	-0.1	0.3	0.36	0.35	-0.52	0.27	-0.29	0.07	-0.69	0.06	0.3
Retained Earnings	-0.98	-0.76	-0.98	-0.31		0.15	0.15	-0.75	0.05	-0.99	-0.19	-1.0	-0.97	-0.35	-0.18	-0.51	-0.99	-0.98	-0.51	0.49	-0.95	-0.05	-0.9	0.61	-0.81	-0.89
Cash	-0.04	-0.22	-0.02	-0.89	0.15		1.0	-0.13	0.96	-0.11	0.44	-0.17	-0.05	0.04	0.2	0.34	-0.17	-0.12	-0.29	0.72	-0.03	0.62	0.05	0.69	0.25	-0.15
Cash And Short Term Investments	-0.04	-0.22	-0.02	-0.89	0.15	1.0		-0.13	0.96	-0.11	0.44	-0.17	-0.05	0.04	0.2	0.34	-0.17	-0.12	-0.29	0.72	-0.03	0.62	0.05	0.69	0.25	-0.15
Total Liab	0.76	0.99	0.67	0.38	-0.75	-0.13	-0.13		0.06	0.72	0.52	0.74	0.76	0.7	-0.06	0.19	0.74	0.81	0.84	-0.27	0.75	0.39	0.54	-0.64	0.7	0.52
Total Current Assets	0.05	-0.05	0.05	-0.75	0.05	0.96	0.96	0.06		-0.02	0.67	-0.08	0.06	0.29	0.15	0.44	-0.08	0.03	-0.19	0.77	0.06	0.8	0.09	0.6	0.35	-0.13
Common Stock	0.99	0.73	0.99	0.26	-0.99	-0.11	-0.11	0.72	-0.02		0.18	1.0	0.97	0.31	0.2	0.51	0.99	0.96	0.51	-0.47	0.96	0.05	0.92	-0.58	0.83	0.9
Net Receivables	0.25	0.43	0.18	-0.09	-0.19	0.44	0.44	0.52	0.67	0.18		0.15	0.29	0.83	-0.13	0.44	0.15	0.36	0.24	0.52	0.27	0.92	0.13	0.07	0.43	-0.06
Common Stock Shares Outstanding	0.99	0.75	0.98	0.3	-1.0	-0.17	-0.17	0.74	-0.08	1.0	0.15		0.97	0.31	0.17	0.48	1.0	0.96	0.54	-0.51	0.95	0.01	0.91	-0.61	0.81	0.9
Net Tangible Assets	0.97	0.75	0.96	0.29	-0.97	-0.05	-0.05	0.76	0.06	0.97	0.29	0.97		0.35	0.22	0.52	0.96	0.98	0.51	-0.35	0.99	0.18	0.89	-0.55	0.9	0.89
Accounts Payable	0.35	0.66	0.27	0.25	-0.35	0.04	0.04	0.7	0.29	0.31	0.83	0.31	0.35		-0.31	0.42	0.3	0.49	0.45	0.11	0.34	0.61	0.16	-0.24	0.35	0.07
Other Stockholder Equity	0.17	-0.07	0.21	-0.2	-0.18	0.2	0.2	-0.06	0.15	0.2	-0.13	0.17	0.22	-0.31		0.1	0.15	0.14	-0.16	0.13	0.15	-0.03	0.16	0.1	0.18	0.17
Property Plant And Equipment Net	0.51	0.13	0.55	-0.1	-0.51	0.34	0.34	0.19	0.44	0.51	0.44	0.48	0.52	0.42	0.1		0.45	0.54	-0.22	0.14	0.52	0.29	0.59	0.22	0.56	0.52
Non Current Assets Total	0.99	0.76	0.98	0.3	-0.99	-0.17	-0.17	0.74	-0.08	0.99	0.15	1.0	0.96	0.3	0.15	0.45		0.95	0.58	-0.51	0.96	0.02	0.92	-0.62	0.82	0.9
Property Plant Equipment	0.96	0.8	0.94	0.36	-0.98	-0.12	-0.12	0.81	0.03	0.96	0.36	0.96	0.98	0.49	0.14	0.54	0.95		0.52	-0.38	0.95	0.2	0.83	-0.61	0.83	0.83
Other Current Liab	0.55	0.87	0.46	0.35	-0.51	-0.29	-0.29	0.84	-0.19	0.51	0.24	0.54	0.51	0.45	-0.16	-0.22	0.58	0.52		-0.43	0.53	0.13	0.37	-0.71	0.43	0.35
Other Current Assets	-0.41	-0.38	-0.41	-0.52	0.49	0.72	0.72	-0.27	0.77	-0.47	0.52	-0.51	-0.35	0.11	0.13	0.14	-0.51	-0.38	-0.43		-0.32	0.73	-0.33	0.77	0.0	-0.48
Non Currrent Assets Other	0.96	0.74	0.95	0.27	-0.95	-0.03	-0.03	0.75	0.06	0.96	0.27	0.95	0.99	0.34	0.15	0.52	0.96	0.95	0.53	-0.32		0.18	0.91	-0.51	0.93	0.92
Other Assets	0.13	0.28	0.08	-0.29	-0.05	0.62	0.62	0.39	0.8	0.05	0.92	0.01	0.18	0.61	-0.03	0.29	0.02	0.2	0.13	0.73	0.18		0.06	0.27	0.43	-0.16
Net Invested Capital	0.93	0.53	0.95	0.07	-0.9	0.05	0.05	0.54	0.09	0.92	0.13	0.91	0.89	0.16	0.16	0.59	0.92	0.83	0.37	-0.33	0.91	0.06		-0.33	0.86	0.91
Net Working Capital	-0.54	-0.71	-0.49	-0.69	0.61	0.69	0.69	-0.64	0.6	-0.58	0.07	-0.61	-0.55	-0.24	0.1	0.22	-0.62	-0.61	-0.71	0.77	-0.51	0.27	-0.33		-0.23	-0.45
Short Long Term Debt Total	0.86	0.65	0.85	0.06	-0.81	0.25	0.25	0.7	0.35	0.83	0.43	0.81	0.9	0.35	0.18	0.56	0.82	0.83	0.43	0.0	0.93	0.43	0.86	-0.23		0.81
Current Deferred Revenue	0.88	0.53	0.9	0.3	-0.89	-0.15	-0.15	0.52	-0.13	0.9	-0.06	0.9	0.89	0.07	0.17	0.52	0.9	0.83	0.35	-0.48	0.92	-0.16	0.91	-0.45	0.81

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Thunderstruck Resources Account Relationship Matchups

Thunderstruck Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9M	3.2M	2.6M	4.1M	4.3M	4.5M
Total Current Liabilities	555.2K	535.4K	284.0K	91.3K	692.7K	727.3K
Total Stockholder Equity	1.3M	2.5M	2.2M	4.0M	3.6M	3.8M
Net Debt	17.1K	(323.5K)	116.9K	(313.8K)	(11.5K)	(12.1K)
Retained Earnings	(3.0M)	(3.8M)	(4.5M)	(5.7M)	(6.4M)	(6.1M)
Cash	25.5K	587.8K	57.6K	313.8K	11.5K	10.9K
Cash And Short Term Investments	25.5K	587.8K	57.6K	313.8K	11.5K	10.9K
Liabilities And Stockholders Equity	1.9M	3.2M	2.6M	4.1M	4.3M	4.5M
Total Liab	571.6K	675.5K	330.1K	91.3K	692.7K	727.3K
Total Current Assets	159.2K	874.0K	109.2K	357.7K	19.5K	18.5K
Common Stock	3.7M	5.4M	5.8M	8.5M	8.6M	9.0M
Net Receivables	110.2K	179.4K	18.6K	13.8K	6.4K	6.1K
Common Stock Shares Outstanding	11.5M	14.5M	17.2M	24.1M	25.9M	27.2M
Accumulated Other Comprehensive Income	594.6K	918.2K	938.5K	1.3M	1.4M	1.4M
Net Tangible Assets	1.0M	1.4M	1.3M	2.5M	2.9M	3.1M
Accounts Payable	529.0K	411.3K	155.7K	88.3K	101.5K	187.0K
Other Stockholder Equity	2.7M	507.6K	15.7K	918.2K	1.1M	820.6K
Property Plant And Equipment Net	1.7M	2.3M	2.5M	3.8M	176.1K	167.2K
Non Current Assets Total	1.7M	2.3M	2.5M	3.8M	4.2M	4.5M
Property Plant Equipment	872.2K	1.4M	1.6M	2.1M	2.5M	2.6M
Other Current Liab	529.0K	411.3K	155.7K	91.3K	692.7K	727.3K
Other Current Assets	23.5K	106.8K	33.1K	30.1K	1.6K	1.5K
Non Currrent Assets Other	872.2K	1.4M	1.7M	4.1M	4.7M	4.9M
Other Assets	33.2K	47.7K	197.8K	1.0	1.15	1.09

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