Thunderstruck Non Current Assets Total vs Cash And Short Term Investments Analysis
AWE Stock | CAD 0.06 0.01 20.00% |
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 Non Current Assets Total and its Cash And Short Term Investments 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.
Non Current Assets Total vs Cash And Short Term Investments
Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderstruck Resources Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Thunderstruck Resources' Non Current Assets Total and Cash And Short Term Investments is -0.17. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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' Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Thunderstruck Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Thunderstruck Resources' Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Thunderstruck Resources balance sheet. This account contains Thunderstruck Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Thunderstruck Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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
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Thunderstruck Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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