Transatlantic Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

TCO Stock  CAD 0.11  0.01  10.00%   
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 Other Stockholder Equity and its Common Stock Shares Outstanding 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.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transatlantic Mining Corp Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Transatlantic Mining's Other Stockholder Equity and Common Stock Shares Outstanding is 0.95. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Other Stockholder Equity and Common Stock Shares Outstanding 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 Stockholder Equity of Transatlantic Mining Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Transatlantic Mining's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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