Thunderstruck Other Assets vs Net Receivables 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 Other Assets and its Net Receivables 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.

Other Assets vs Net Receivables

Other Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderstruck Resources Other Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Thunderstruck Resources' Other Assets and Net Receivables is 0.92. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables 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' Other Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Thunderstruck Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., Thunderstruck Resources' Other Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Net Receivables

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

0.760.990.2-0.98-0.04-0.040.760.050.990.250.990.970.350.170.510.990.960.55-0.410.960.130.93-0.540.860.88
0.760.670.42-0.76-0.22-0.220.99-0.050.730.430.750.750.66-0.070.130.760.80.87-0.380.740.280.53-0.710.650.53
0.990.670.15-0.98-0.02-0.020.670.050.990.180.980.960.270.210.550.980.940.46-0.410.950.080.95-0.490.850.9
0.20.420.15-0.31-0.89-0.890.38-0.750.26-0.090.30.290.25-0.2-0.10.30.360.35-0.520.27-0.290.07-0.690.060.3
-0.98-0.76-0.98-0.310.150.15-0.750.05-0.99-0.19-1.0-0.97-0.35-0.18-0.51-0.99-0.98-0.510.49-0.95-0.05-0.90.61-0.81-0.89
-0.04-0.22-0.02-0.890.151.0-0.130.96-0.110.44-0.17-0.050.040.20.34-0.17-0.12-0.290.72-0.030.620.050.690.25-0.15
-0.04-0.22-0.02-0.890.151.0-0.130.96-0.110.44-0.17-0.050.040.20.34-0.17-0.12-0.290.72-0.030.620.050.690.25-0.15
0.760.990.670.38-0.75-0.13-0.130.060.720.520.740.760.7-0.060.190.740.810.84-0.270.750.390.54-0.640.70.52
0.05-0.050.05-0.750.050.960.960.06-0.020.67-0.080.060.290.150.44-0.080.03-0.190.770.060.80.090.60.35-0.13
0.990.730.990.26-0.99-0.11-0.110.72-0.020.181.00.970.310.20.510.990.960.51-0.470.960.050.92-0.580.830.9
0.250.430.18-0.09-0.190.440.440.520.670.180.150.290.83-0.130.440.150.360.240.520.270.920.130.070.43-0.06
0.990.750.980.3-1.0-0.17-0.170.74-0.081.00.150.970.310.170.481.00.960.54-0.510.950.010.91-0.610.810.9
0.970.750.960.29-0.97-0.05-0.050.760.060.970.290.970.350.220.520.960.980.51-0.350.990.180.89-0.550.90.89
0.350.660.270.25-0.350.040.040.70.290.310.830.310.35-0.310.420.30.490.450.110.340.610.16-0.240.350.07
0.17-0.070.21-0.2-0.180.20.2-0.060.150.2-0.130.170.22-0.310.10.150.14-0.160.130.15-0.030.160.10.180.17
0.510.130.55-0.1-0.510.340.340.190.440.510.440.480.520.420.10.450.54-0.220.140.520.290.590.220.560.52
0.990.760.980.3-0.99-0.17-0.170.74-0.080.990.151.00.960.30.150.450.950.58-0.510.960.020.92-0.620.820.9
0.960.80.940.36-0.98-0.12-0.120.810.030.960.360.960.980.490.140.540.950.52-0.380.950.20.83-0.610.830.83
0.550.870.460.35-0.51-0.29-0.290.84-0.190.510.240.540.510.45-0.16-0.220.580.52-0.430.530.130.37-0.710.430.35
-0.41-0.38-0.41-0.520.490.720.72-0.270.77-0.470.52-0.51-0.350.110.130.14-0.51-0.38-0.43-0.320.73-0.330.770.0-0.48
0.960.740.950.27-0.95-0.03-0.030.750.060.960.270.950.990.340.150.520.960.950.53-0.320.180.91-0.510.930.92
0.130.280.08-0.29-0.050.620.620.390.80.050.920.010.180.61-0.030.290.020.20.130.730.180.060.270.43-0.16
0.930.530.950.07-0.90.050.050.540.090.920.130.910.890.160.160.590.920.830.37-0.330.910.06-0.330.860.91
-0.54-0.71-0.49-0.690.610.690.69-0.640.6-0.580.07-0.61-0.55-0.240.10.22-0.62-0.61-0.710.77-0.510.27-0.33-0.23-0.45
0.860.650.850.06-0.810.250.250.70.350.830.430.810.90.350.180.560.820.830.430.00.930.430.86-0.230.81
0.880.530.90.3-0.89-0.15-0.150.52-0.130.9-0.060.90.890.070.170.520.90.830.35-0.480.92-0.160.91-0.450.81
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Thunderstruck Resources Account Relationship Matchups

Thunderstruck Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M3.2M2.6M4.1M4.3M4.5M
Total Current Liabilities555.2K535.4K284.0K91.3K692.7K727.3K
Total Stockholder Equity1.3M2.5M2.2M4.0M3.6M3.8M
Net Debt17.1K(323.5K)116.9K(313.8K)(11.5K)(12.1K)
Retained Earnings(3.0M)(3.8M)(4.5M)(5.7M)(6.4M)(6.1M)
Cash25.5K587.8K57.6K313.8K11.5K10.9K
Cash And Short Term Investments25.5K587.8K57.6K313.8K11.5K10.9K
Liabilities And Stockholders Equity1.9M3.2M2.6M4.1M4.3M4.5M
Total Liab571.6K675.5K330.1K91.3K692.7K727.3K
Total Current Assets159.2K874.0K109.2K357.7K19.5K18.5K
Common Stock3.7M5.4M5.8M8.5M8.6M9.0M
Net Receivables110.2K179.4K18.6K13.8K6.4K6.1K
Common Stock Shares Outstanding11.5M14.5M17.2M24.1M25.9M27.2M
Accumulated Other Comprehensive Income594.6K918.2K938.5K1.3M1.4M1.4M
Net Tangible Assets1.0M1.4M1.3M2.5M2.9M3.1M
Accounts Payable529.0K411.3K155.7K88.3K101.5K187.0K
Other Stockholder Equity2.7M507.6K15.7K918.2K1.1M820.6K
Property Plant And Equipment Net1.7M2.3M2.5M3.8M176.1K167.2K
Non Current Assets Total1.7M2.3M2.5M3.8M4.2M4.5M
Property Plant Equipment872.2K1.4M1.6M2.1M2.5M2.6M
Other Current Liab529.0K411.3K155.7K91.3K692.7K727.3K
Other Current Assets23.5K106.8K33.1K30.1K1.6K1.5K
Non Currrent Assets Other872.2K1.4M1.7M4.1M4.7M4.9M
Other Assets33.2K47.7K197.8K1.01.151.09

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