Transatlantic Non Current Assets Total vs Net Receivables Analysis

TCO Stock  CAD 0.09  0.02  18.18%   
Transatlantic Mining financial indicator trend analysis is much more than just breaking down Transatlantic Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transatlantic Mining Corp is a good investment. Please check the relationship between Transatlantic Mining Non Current Assets Total and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transatlantic Mining Corp. 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 Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transatlantic Mining Corp Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Transatlantic Mining's Non Current Assets Total and Net Receivables is 0.01. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Transatlantic Mining Corp, assuming nothing else is changed. The correlation between historical values of Transatlantic Mining's Non Current Assets Total 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 Non Current Assets Total of Transatlantic Mining Corp 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 Non Current Assets Total i.e., Transatlantic Mining's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

Most indicators from Transatlantic Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transatlantic Mining Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Transatlantic Mining Corp. 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.
Selling General Administrative is likely to drop to about 228.8 K in 2024. Tax Provision is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Reconciled Depreciation91.6K15.6K22.3K21.2K
Cost Of Revenue91.6K15.6K22.3K21.2K

Transatlantic Mining fundamental ratios Correlations

0.870.630.56-0.52-0.440.40.590.220.51-0.860.50.790.820.420.670.760.27-0.270.720.680.440.720.580.260.12
0.870.30.46-0.74-0.50.40.690.150.39-0.890.230.80.880.260.410.820.490.050.770.740.090.770.270.340.25
0.630.30.580.23-0.240.44-0.13-0.270.08-0.390.760.470.140.350.90.29-0.12-0.370.380.320.970.380.840.02-0.11
0.560.460.58-0.42-0.750.88-0.22-0.250.29-0.710.330.790.180.790.840.75-0.31-0.660.680.780.460.680.850.720.63
-0.52-0.740.23-0.420.55-0.41-0.53-0.42-0.610.80.23-0.7-0.72-0.49-0.1-0.82-0.160.2-0.7-0.770.44-0.7-0.08-0.63-0.58
-0.44-0.5-0.24-0.750.55-0.66-0.040.22-0.160.660.22-0.69-0.34-0.45-0.48-0.72-0.10.4-0.53-0.63-0.09-0.53-0.5-0.62-0.59
0.40.40.440.88-0.41-0.66-0.27-0.190.3-0.650.280.770.170.720.720.68-0.33-0.60.70.740.320.70.730.610.5
0.590.69-0.13-0.22-0.53-0.04-0.270.490.34-0.450.010.270.88-0.23-0.20.370.730.330.260.18-0.270.26-0.29-0.09-0.12
0.220.15-0.27-0.25-0.420.22-0.190.490.85-0.27-0.080.180.520.28-0.170.2-0.16-0.240.30.22-0.350.3-0.090.02-0.09
0.510.390.080.29-0.61-0.160.30.340.85-0.650.120.620.60.710.310.6-0.35-0.590.680.64-0.070.680.390.40.24
-0.86-0.89-0.39-0.710.80.66-0.65-0.45-0.27-0.65-0.25-0.97-0.8-0.64-0.62-0.97-0.110.37-0.93-0.93-0.17-0.93-0.56-0.61-0.48
0.50.230.760.330.230.220.280.01-0.080.12-0.250.30.150.240.620.18-0.11-0.230.280.190.750.280.54-0.01-0.11
0.790.80.470.79-0.7-0.690.770.270.180.62-0.970.30.680.70.710.96-0.02-0.460.960.950.270.960.670.660.52
0.820.880.140.18-0.72-0.340.170.880.520.6-0.80.150.680.180.20.710.510.00.660.58-0.070.660.110.190.08
0.420.260.350.79-0.49-0.450.72-0.230.280.71-0.640.240.70.180.680.67-0.68-0.860.70.780.230.70.770.730.59
0.670.410.90.84-0.1-0.480.72-0.2-0.170.31-0.620.620.710.20.680.56-0.33-0.60.640.630.820.640.970.350.21
0.760.820.290.75-0.82-0.720.680.370.20.6-0.970.180.960.710.670.560.07-0.410.910.950.080.910.530.770.67
0.270.49-0.12-0.31-0.16-0.1-0.330.73-0.16-0.35-0.11-0.11-0.020.51-0.68-0.330.070.7-0.09-0.16-0.18-0.09-0.47-0.3-0.22
-0.270.05-0.37-0.660.20.4-0.60.33-0.24-0.590.37-0.23-0.460.0-0.86-0.6-0.410.7-0.36-0.45-0.31-0.36-0.77-0.54-0.41
0.720.770.380.68-0.7-0.530.70.260.30.68-0.930.280.960.660.70.640.91-0.09-0.360.970.21.00.580.610.47
0.680.740.320.78-0.77-0.630.740.180.220.64-0.930.190.950.580.780.630.95-0.16-0.450.970.130.970.590.760.64
0.440.090.970.460.44-0.090.32-0.27-0.35-0.07-0.170.750.27-0.070.230.820.08-0.18-0.310.20.130.20.76-0.11-0.21
0.720.770.380.68-0.7-0.530.70.260.30.68-0.930.280.960.660.70.640.91-0.09-0.361.00.970.20.580.610.47
0.580.270.840.85-0.08-0.50.73-0.29-0.090.39-0.560.540.670.110.770.970.53-0.47-0.770.580.590.760.580.410.26
0.260.340.020.72-0.63-0.620.61-0.090.020.4-0.61-0.010.660.190.730.350.77-0.3-0.540.610.76-0.110.610.410.98
0.120.25-0.110.63-0.58-0.590.5-0.12-0.090.24-0.48-0.110.520.080.590.210.67-0.22-0.410.470.64-0.210.470.260.98
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Transatlantic Mining Account Relationship Matchups

Transatlantic Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3M11.9M9.7M6.2M5.1M8.3M
Total Current Liabilities5.6M6.2M5.5M5.7M5.4M6.4M
Total Stockholder Equity(1.6M)5.7M4.2M492.4K(311.4K)(295.8K)
Net Tangible Assets359.1K(475.8K)(1.6M)5.7M6.6M6.9M
Retained Earnings(26.8M)(20.1M)(21.7M)(25.4M)(26.2M)(27.5M)
Accounts Payable1.6M1.6M620.5K798.7K603.5K888.0K
Cash33.2K774.4K568.1K1.3M1.0M558.4K
Non Current Assets Total8.2M3.4M1.8M1.9M1.9M3.6M
Non Currrent Assets Other7.2M51.1K135.7K197.7K195.4K185.6K
Net Receivables42.5K243.01.7M1.7K1.7K1.6K
Total Liab9.8M6.2M5.5M5.7M5.4M5.3M
Total Current Assets51.3K8.6M7.8M4.4M3.2M3.4M
Property Plant Equipment8.6M8.4M969.6K1.1M1.0M955.6K
Net Invested Capital(1.6M)5.7M4.2M492.4K(311.4K)(295.8K)
Net Working Capital(5.5M)2.4M2.4M(1.4M)(2.2M)(2.4M)

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