TF Stock | | | CAD 7.76 0.08 1.04% |
Timbercreek Financial financial indicator trend analysis is much more than just breaking down Timbercreek Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Timbercreek Financial is a good investment. Please check the relationship between Timbercreek Financial Income Quality and its Roic accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Timbercreek Financial 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 estimate.
Income Quality vs Roic
Income Quality vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Timbercreek Financial Income Quality account and
Roic. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Timbercreek Financial's Income Quality and Roic is 0.95. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roic in the same time period over historical financial statements of Timbercreek Financial Corp, assuming nothing else is changed. The correlation between historical values of Timbercreek Financial's Income Quality and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Timbercreek Financial Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Income Quality i.e., Timbercreek Financial's Income Quality and Roic go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Timbercreek Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Timbercreek Financial 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 Timbercreek Financial 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 estimate.
As of the 25th of November 2024,
Sales General And Administrative To Revenue is likely to grow to 0.06, while
Selling General Administrative is likely to drop about 2
M.
Timbercreek Financial fundamental ratios Correlations
Click cells to compare fundamentals
Timbercreek Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Timbercreek Financial fundamental ratios Accounts
Other Information on Investing in Timbercreek Stock
Balance Sheet is a snapshot of the
financial position of Timbercreek Financial at a specified time, usually calculated after every quarter, six months, or one year. Timbercreek Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Timbercreek Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Timbercreek currently owns. An asset can also be divided into two categories, current and non-current.