Triple Historical Balance Sheet

TFPM Stock

23.31 0.10 0.43%

Trend analysis of Triple Flag Precious balance sheet accounts such as Total Stockholder Equity of 1.9 B, Property Plant And Equipment Net of 994.9 M, Net Debt of 39.7 M or Retained Earnings of 49.2 M provides information on Triple Flag's total assets, liabilities, and equity, which is the actual value of Triple Flag Precious to its prevalent stockholders. By breaking down trends over time using Triple Flag balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Triple Flag Precious latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Triple Flag Precious is a good buy for the upcoming year.

Triple Flag Inventory

2.13 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. 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.

About Triple Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Triple Flag Precious at a specified time, usually calculated after every quarter, six months, or one year. Triple Flag Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Triple Flag 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 Triple currently owns. An asset can also be divided into two categories, current and non-current.

Triple Flag Balance Sheet Chart

At this time, Triple Flag's Other Current Assets are very stable compared to the past year. As of the 27th of November 2024, Total Liabilities is likely to grow to about 128.8 M, while Total Assets are likely to drop about 1.1 B.

Other Current Liab Total Current Liabilities Total Liab Deferred Long Term Liab

Total Current Liabilities

Total Current Liabilities is an item on Triple Flag balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Triple Flag Precious are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most accounts from Triple Flag's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Triple Flag Precious current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Triple Flag Precious. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	1.1M	1.9M	59.1M	56.2M
Total Assets	1.3B	1.3B	1.9B	1.1B

Short Long Term Debt Total Total Assets

Triple Flag balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Net Receivables	Short Term Investments	Inventory	Property Plant Equipment	Other Liab	Accounts Payable
Total Assets		-0.66	0.79	-0.76	0.93	1.0	-0.69	0.7	0.72	1.0	0.7	0.82	0.9	0.67	-0.62	0.88	-0.77	-0.8	0.99	0.98	0.84	0.01	0.31	0.98	0.89	0.24
Short Long Term Debt Total	-0.66		-0.61	0.86	-0.76	-0.65	0.99	-0.57	-0.7	-0.65	-0.49	-0.72	-0.77	-0.77	0.99	-0.72	0.87	0.75	-0.76	-0.77	-0.62	0.12	0.05	-0.66	-0.78	-0.11
Other Current Liab	0.79	-0.61		-0.56	0.89	0.78	-0.62	0.68	0.57	0.78	0.92	0.65	0.75	0.54	-0.51	0.7	-0.59	-0.6	0.77	0.75	0.73	-0.21	0.01	0.72	0.8	0.36
Total Current Liabilities	-0.76	0.86	-0.56		-0.8	-0.75	0.86	-0.45	-0.64	-0.75	-0.49	-0.75	-0.91	-0.69	0.85	-0.8	1.0	0.79	-0.83	-0.84	-0.63	-0.24	-0.45	-0.77	-0.64	-0.23
Total Stockholder Equity	0.93	-0.76	0.89	-0.8		0.93	-0.78	0.75	0.71	0.93	0.83	0.8	0.89	0.69	-0.69	0.86	-0.82	-0.85	0.93	0.93	0.81	-0.06	0.24	0.92	0.86	0.25
Property Plant And Equipment Net	1.0	-0.65	0.78	-0.75	0.93		-0.68	0.7	0.71	1.0	0.7	0.81	0.9	0.66	-0.62	0.88	-0.77	-0.8	0.99	0.98	0.84	0.01	0.31	0.99	0.88	0.23
Net Debt	-0.69	0.99	-0.62	0.86	-0.78	-0.68		-0.61	-0.77	-0.68	-0.47	-0.78	-0.78	-0.82	0.99	-0.77	0.87	0.76	-0.79	-0.8	-0.61	0.17	0.04	-0.7	-0.81	-0.15
Retained Earnings	0.7	-0.57	0.68	-0.45	0.75	0.7	-0.61		0.72	0.7	0.62	0.6	0.45	0.59	-0.52	0.57	-0.46	-0.81	0.68	0.69	0.51	-0.6	-0.13	0.75	0.76	0.22
Cash	0.72	-0.7	0.57	-0.64	0.71	0.71	-0.77	0.72		0.71	0.31	0.95	0.64	0.97	-0.69	0.89	-0.65	-0.67	0.75	0.81	0.34	-0.45	0.02	0.78	0.77	0.38
Non Current Assets Total	1.0	-0.65	0.78	-0.75	0.93	1.0	-0.68	0.7	0.71		0.7	0.8	0.9	0.65	-0.61	0.87	-0.76	-0.8	0.99	0.97	0.85	0.01	0.3	0.98	0.89	0.23
Non Currrent Assets Other	0.7	-0.49	0.92	-0.49	0.83	0.7	-0.47	0.62	0.31	0.7		0.4	0.65	0.27	-0.38	0.48	-0.51	-0.63	0.67	0.62	0.74	-0.04	0.07	0.63	0.68	0.3
Cash And Short Term Investments	0.82	-0.72	0.65	-0.75	0.8	0.81	-0.78	0.6	0.95	0.8	0.4		0.8	0.96	-0.7	0.98	-0.76	-0.67	0.85	0.89	0.48	-0.2	0.22	0.84	0.77	0.37
Common Stock Shares Outstanding	0.9	-0.77	0.75	-0.91	0.89	0.9	-0.78	0.45	0.64	0.9	0.65	0.8		0.67	-0.74	0.88	-0.92	-0.71	0.94	0.93	0.8	0.25	0.42	0.86	0.78	0.27
Other Current Assets	0.67	-0.77	0.54	-0.69	0.69	0.66	-0.82	0.59	0.97	0.65	0.27	0.96	0.67		-0.76	0.9	-0.69	-0.62	0.72	0.78	0.33	-0.35	0.0	0.72	0.74	0.35
Total Liab	-0.62	0.99	-0.51	0.85	-0.69	-0.62	0.99	-0.52	-0.69	-0.61	-0.38	-0.7	-0.74	-0.76		-0.7	0.85	0.71	-0.73	-0.75	-0.59	0.1	0.06	-0.63	-0.75	-0.07
Total Current Assets	0.88	-0.72	0.7	-0.8	0.86	0.88	-0.77	0.57	0.89	0.87	0.48	0.98	0.88	0.9	-0.7		-0.81	-0.69	0.91	0.94	0.6	-0.07	0.3	0.89	0.8	0.31
Short Term Debt	-0.77	0.87	-0.59	1.0	-0.82	-0.77	0.87	-0.46	-0.65	-0.76	-0.51	-0.76	-0.92	-0.69	0.85	-0.81		0.8	-0.84	-0.85	-0.64	-0.22	-0.45	-0.78	-0.66	-0.24
Intangible Assets	-0.8	0.75	-0.6	0.79	-0.85	-0.8	0.76	-0.81	-0.67	-0.8	-0.63	-0.67	-0.71	-0.62	0.71	-0.69	0.8		-0.82	-0.83	-0.63	0.09	-0.23	-0.86	-0.75	-0.24
Common Stock	0.99	-0.76	0.77	-0.83	0.93	0.99	-0.79	0.68	0.75	0.99	0.67	0.85	0.94	0.72	-0.73	0.91	-0.84	-0.82		0.99	0.84	0.02	0.27	0.97	0.91	0.22
Net Tangible Assets	0.98	-0.77	0.75	-0.84	0.93	0.98	-0.8	0.69	0.81	0.97	0.62	0.89	0.93	0.78	-0.75	0.94	-0.85	-0.83	0.99		0.79	-0.02	0.28	0.98	0.89	0.23
Net Receivables	0.84	-0.62	0.73	-0.63	0.81	0.84	-0.61	0.51	0.34	0.85	0.74	0.48	0.8	0.33	-0.59	0.6	-0.64	-0.63	0.84	0.79		0.17	0.13	0.77	0.79	-0.15
Short Term Investments	0.01	0.12	-0.21	-0.24	-0.06	0.01	0.17	-0.6	-0.45	0.01	-0.04	-0.2	0.25	-0.35	0.1	-0.07	-0.22	0.09	0.02	-0.02	0.17		0.67	-0.05	-0.28	-0.1
Inventory	0.31	0.05	0.01	-0.45	0.24	0.31	0.04	-0.13	0.02	0.3	0.07	0.22	0.42	0.0	0.06	0.3	-0.45	-0.23	0.27	0.28	0.13	0.67		0.33	-0.15	0.16
Property Plant Equipment	0.98	-0.66	0.72	-0.77	0.92	0.99	-0.7	0.75	0.78	0.98	0.63	0.84	0.86	0.72	-0.63	0.89	-0.78	-0.86	0.97	0.98	0.77	-0.05	0.33		0.86	0.24
Other Liab	0.89	-0.78	0.8	-0.64	0.86	0.88	-0.81	0.76	0.77	0.89	0.68	0.77	0.78	0.74	-0.75	0.8	-0.66	-0.75	0.91	0.89	0.79	-0.28	-0.15	0.86		0.23
Accounts Payable	0.24	-0.11	0.36	-0.23	0.25	0.23	-0.15	0.22	0.38	0.23	0.3	0.37	0.27	0.35	-0.07	0.31	-0.24	-0.24	0.22	0.23	-0.15	-0.1	0.16	0.24	0.23

Click cells to compare fundamentals

Triple Flag Account Relationship Matchups

Triple Flag balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	658.0M	1.3B	1.3B	1.3B	1.9B	1.1B
Short Long Term Debt Total	58.6M	276.4M	1.1M	1.9M	59.1M	56.2M
Other Current Liab	2.9M	3.1M	4.9M	11.3M	16.3M	17.1M
Total Current Liabilities	3.8M	4.1M	5.3M	12.6M	17.3M	16.4M
Total Stockholder Equity	593.6M	1.0B	1.3B	1.3B	1.8B	1.9B
Property Plant And Equipment Net	607.5M	1.2B	1.2B	1.2B	1.8B	994.9M
Net Debt	47.8M	255.7M	(39.5M)	(69.2M)	41.8M	39.7M
Retained Earnings	(45.5M)	10.0M	40.3M	63.7M	46.8M	49.2M
Cash	10.8M	20.6M	40.7M	71.1M	17.4M	23.9M
Non Current Assets Total	613.3M	1.2B	1.2B	1.2B	1.8B	1.0B
Non Currrent Assets Other	5.7M	9.9M	1.8M	13.5M	55.0M	57.8M
Cash And Short Term Investments	29.7M	38.5M	51.3M	76.5M	31.3M	36.8M
Liabilities And Stockholders Equity	658.0M	1.3B	1.3B	1.3B	1.9B	1.1B
Other Current Assets	2.2M	1.4M	3.6M	5.8M	1.2M	2.2M
Total Liab	64.3M	282.0M	8.8M	18.6M	83.7M	128.8M
Total Current Assets	44.6M	58.6M	72.4M	90.6M	57.0M	53.4M
Intangible Assets	125.3K	95K	65K	35K	31.5K	29.9K
Common Stock	639.2M	1.0B	1.3B	1.3B	1.7B	876.2M
Net Tangible Assets	593.6M	1.0B	1.3B	1.3B	1.5B	849.4M
Net Receivables	10.7M	10.1M	16.1M	8.3M	23.1M	13.5M
Short Term Investments	18.9M	17.9M	10.7M	5.4M	13.9M	10.8M
Inventory	2.1M	8.5M	1.4M	0.0	1.4M	2.1M
Property Plant Equipment	607.5M	1.2B	1.2B	1.2B	1.4B	955.6M
Other Liab	2.2M	1.4M	3.5M	4.3M	5.0M	2.7M
Accounts Payable	674K	775K	147K	1.0M	628K	697.8K
Other Assets	5.8M	11.9M	4.4M	16.2M	18.6M	19.5M
Non Current Liabilities Total	60.5M	277.9M	3.5M	6.0M	66.4M	71.2M
Capital Lease Obligations	1.6M	1.4M	1.1M	1.9M	2.1M	1.5M
Deferred Long Term Liab	2.9M	4.1M	1.8M	2.4M	2.8M	2.8M
Net Invested Capital	650.6M	1.3B	1.3B	1.3B	1.9B	1.3B
Net Working Capital	40.8M	54.5M	67.1M	78.0M	39.7M	57.8M

Pair Trading with Triple Flag

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Triple Flag position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Triple Flag will appreciate offsetting losses from the drop in the long position's value.

Moving together with Triple Stock

0.89	AG	First Majestic Silver	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr

Moving against Triple Stock

0.54	AVCN	Avicanna	Pair Corr
0.46	HPQ	HPQ Silicon Resources	Pair Corr
0.32	INFM	Infinico Metals Corp	Pair Corr

The ability to find closely correlated positions to Triple Flag could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triple Flag when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Triple Flag - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Triple Flag Precious to buy it.

The correlation of Triple Flag is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Triple Flag moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triple Flag Precious moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Triple Flag can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:

How To Invest In Triple

Details

Is Triple Stock a good investment?

Details

What is Triple Flag's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Other Precious Metals & Mining Companies

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You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Triple Historical Balance Sheet

Triple Flag Inventory

2.13 Million

About Triple Balance Sheet Analysis

Triple Flag Balance Sheet Chart

Total Current Liabilities

Total Liab

Deferred Long Term Liab

Triple Flag balance sheet Correlations

Triple Flag Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Triple Flag balance sheet Accounts

Pair Trading with Triple Flag

Moving together with Triple Stock

Moving against Triple Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Short Term Debt	- 0.92	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.91	Total Current Liabilities
Property Plant Equipment	- 0.86	Intangible Assets
Net Tangible Assets	- 0.85	Short Term Debt
Intangible Assets	- 0.85	Total Stockholder Equity
Common Stock	- 0.84	Short Term Debt