Tesoro Long Term Investments vs Net Receivables Analysis

TES Stock

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Tesoro Minerals financial indicator trend analysis is much more than just breaking down Tesoro Minerals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tesoro Minerals Corp is a good investment. Please check the relationship between Tesoro Minerals Long Term Investments and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesoro Minerals 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.

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tesoro Minerals Corp Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Tesoro Minerals' Long Term Investments and Net Receivables is 0.39. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tesoro Minerals Corp, assuming nothing else is changed. The correlation between historical values of Tesoro Minerals' Long Term Investments 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 Long Term Investments of Tesoro Minerals 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 Long Term Investments i.e., Tesoro Minerals' Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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Long Term Investments

Long Term Investments is an item on the asset side of Tesoro Minerals balance sheet that represents investments Tesoro Minerals Corp intends to hold for over a year. Tesoro Minerals Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

Most indicators from Tesoro Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tesoro Minerals 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 Tesoro Minerals 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.

Discontinued Operations is likely to climb to about 47.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 59.9 K in 2024.

Tesoro Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Investments	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	1.0	1.0	0.88	0.98	-0.27	0.29	0.72	0.98	0.23	-0.24	0.23	-0.72	0.99	-0.85	-0.88	0.35	0.49	0.31	-0.5	0.49	0.49	-0.34
Total Current Liabilities	0.98		0.97	0.97	0.89	1.0	-0.26	0.32	0.75	1.0	0.25	-0.21	0.25	-0.75	0.97	-0.83	-0.86	0.38	0.55	0.33	-0.57	0.53	0.53	-0.37
Total Stockholder Equity	1.0	0.97		1.0	0.87	0.97	-0.27	0.28	0.7	0.97	0.22	-0.25	0.22	-0.69	0.99	-0.86	-0.88	0.33	0.46	0.29	-0.47	0.47	0.47	-0.32
Net Tangible Assets	1.0	0.97	1.0		0.87	0.97	-0.26	0.28	0.7	0.97	0.23	-0.24	0.23	-0.7	0.99	-0.86	-0.89	0.35	0.47	0.31	-0.48	0.48	0.47	-0.33
Retained Earnings	0.88	0.89	0.87	0.87		0.89	-0.32	0.28	0.54	0.89	-0.07	-0.29	-0.07	-0.43	0.89	-0.69	-0.73	0.13	0.25	0.08	-0.37	0.39	0.41	0.01
Accounts Payable	0.98	1.0	0.97	0.97	0.89		-0.23	0.37	0.74	1.0	0.26	-0.19	0.26	-0.77	0.96	-0.85	-0.88	0.4	0.56	0.35	-0.6	0.56	0.56	-0.39
Cash	-0.27	-0.26	-0.27	-0.26	-0.32	-0.23		0.57	0.33	-0.26	0.07	0.99	0.07	0.0	-0.4	-0.13	-0.12	0.16	0.13	0.15	-0.21	0.32	0.32	-0.15
Net Receivables	0.29	0.32	0.28	0.28	0.28	0.37	0.57		0.56	0.32	0.3	0.62	0.3	-0.5	0.18	-0.53	-0.57	0.42	0.48	0.39	-0.71	0.52	0.51	-0.47
Other Stockholder Equity	0.72	0.75	0.7	0.7	0.54	0.74	0.33	0.56		0.75	0.33	0.39	0.33	-0.69	0.63	-0.79	-0.82	0.44	0.63	0.39	-0.58	0.54	0.53	-0.44
Total Liab	0.98	1.0	0.97	0.97	0.89	1.0	-0.26	0.32	0.75		0.25	-0.21	0.25	-0.75	0.97	-0.83	-0.86	0.38	0.55	0.33	-0.57	0.53	0.53	-0.37
Short Long Term Debt	0.23	0.25	0.22	0.23	-0.07	0.26	0.07	0.3	0.33	0.25		0.08	1.0	-0.63	0.18	-0.16	-0.35	0.74	0.89	0.74	-0.46	0.39	0.36	-0.81
Total Current Assets	-0.24	-0.21	-0.25	-0.24	-0.29	-0.19	0.99	0.62	0.39	-0.21	0.08		0.08	-0.05	-0.38	-0.13	-0.11	0.19	0.17	0.18	-0.29	0.36	0.37	-0.19
Short Term Debt	0.23	0.25	0.22	0.23	-0.07	0.26	0.07	0.3	0.33	0.25	1.0	0.08		-0.63	0.18	-0.16	-0.35	0.74	0.89	0.74	-0.46	0.39	0.36	-0.81
Common Stock	-0.72	-0.75	-0.69	-0.7	-0.43	-0.77	0.0	-0.5	-0.69	-0.75	-0.63	-0.05	-0.63		-0.67	0.74	0.74	-0.75	-0.83	-0.71	0.86	-0.7	-0.66	0.88
Property Plant Equipment	0.99	0.97	0.99	0.99	0.89	0.96	-0.4	0.18	0.63	0.97	0.18	-0.38	0.18	-0.67		-0.8	-0.82	0.29	0.43	0.25	-0.43	0.41	0.41	-0.28
Other Current Liab	-0.85	-0.83	-0.86	-0.86	-0.69	-0.85	-0.13	-0.53	-0.79	-0.83	-0.16	-0.13	-0.16	0.74	-0.8		0.95	-0.36	-0.47	-0.32	0.59	-0.52	-0.51	0.42
Other Current Assets	-0.88	-0.86	-0.88	-0.89	-0.73	-0.88	-0.12	-0.57	-0.82	-0.86	-0.35	-0.11	-0.35	0.74	-0.82	0.95		-0.44	-0.62	-0.39	0.57	-0.53	-0.53	0.44
Non Current Assets Total	0.35	0.38	0.33	0.35	0.13	0.4	0.16	0.42	0.44	0.38	0.74	0.19	0.74	-0.75	0.29	-0.36	-0.44		0.78	1.0	-0.78	0.66	0.59	-0.83
Non Currrent Assets Other	0.49	0.55	0.46	0.47	0.25	0.56	0.13	0.48	0.63	0.55	0.89	0.17	0.89	-0.83	0.43	-0.47	-0.62	0.78		0.75	-0.69	0.61	0.59	-0.83
Long Term Investments	0.31	0.33	0.29	0.31	0.08	0.35	0.15	0.39	0.39	0.33	0.74	0.18	0.74	-0.71	0.25	-0.32	-0.39	1.0	0.75		-0.75	0.63	0.55	-0.82
Common Stock Shares Outstanding	-0.5	-0.57	-0.47	-0.48	-0.37	-0.6	-0.21	-0.71	-0.58	-0.57	-0.46	-0.29	-0.46	0.86	-0.43	0.59	0.57	-0.78	-0.69	-0.75		-0.78	-0.73	0.81
Net Invested Capital	0.49	0.53	0.47	0.48	0.39	0.56	0.32	0.52	0.54	0.53	0.39	0.36	0.39	-0.7	0.41	-0.52	-0.53	0.66	0.61	0.63	-0.78		0.99	-0.6
Net Working Capital	0.49	0.53	0.47	0.47	0.41	0.56	0.32	0.51	0.53	0.53	0.36	0.37	0.36	-0.66	0.41	-0.51	-0.53	0.59	0.59	0.55	-0.73	0.99		-0.55
Capital Stock	-0.34	-0.37	-0.32	-0.33	0.01	-0.39	-0.15	-0.47	-0.44	-0.37	-0.81	-0.19	-0.81	0.88	-0.28	0.42	0.44	-0.83	-0.83	-0.82	0.81	-0.6	-0.55

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Tesoro Minerals Account Relationship Matchups

Tesoro Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	255.3K	273.8K	67.6K	126.3K	113.6K	107.9K
Total Current Liabilities	31.0K	25.0K	24.4K	39.4K	35.5K	33.7K
Total Stockholder Equity	224.3K	248.8K	43.2K	86.8K	78.1K	74.2K
Net Tangible Assets	156.0K	224.3K	248.8K	43.2K	38.8K	36.9K
Retained Earnings	(41.2M)	(41.5M)	(41.7M)	(42.0M)	(37.8M)	(39.6M)
Accounts Payable	6.7K	3.7K	6.1K	14.4K	13.0K	12.3K
Cash	220.1K	240.0K	34.5K	115.5K	104.0K	178.3K
Net Receivables	3.1K	749.0	969.0	6.5K	5.8K	5.5K
Total Liab	31.0K	25.0K	24.4K	39.4K	35.5K	33.7K
Total Current Assets	227.8K	246.3K	40.1K	126.3K	113.6K	212.3K
Common Stock	38.9M	39.4M	39.7M	40.1M	46.1M	42.4M
Common Stock Shares Outstanding	72.3M	79.0M	87.0M	99.0M	113.9M	85.3M
Net Invested Capital	224.3K	248.8K	43.2K	86.8K	78.1K	132.8K
Net Working Capital	196.8K	221.3K	15.7K	86.8K	78.1K	113.9K
Capital Stock	39.4M	39.7M	40.1M	40.3M	46.4M	43.7M

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