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.
 
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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.

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.
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.
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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.1M1.9M59.1M56.2M
Total Assets1.3B1.3B1.9B1.1B

Triple Flag balance sheet Correlations

-0.660.79-0.760.931.0-0.690.70.721.00.70.820.90.67-0.620.88-0.77-0.80.990.980.840.010.310.980.890.24
-0.66-0.610.86-0.76-0.650.99-0.57-0.7-0.65-0.49-0.72-0.77-0.770.99-0.720.870.75-0.76-0.77-0.620.120.05-0.66-0.78-0.11
0.79-0.61-0.560.890.78-0.620.680.570.780.920.650.750.54-0.510.7-0.59-0.60.770.750.73-0.210.010.720.80.36
-0.760.86-0.56-0.8-0.750.86-0.45-0.64-0.75-0.49-0.75-0.91-0.690.85-0.81.00.79-0.83-0.84-0.63-0.24-0.45-0.77-0.64-0.23
0.93-0.760.89-0.80.93-0.780.750.710.930.830.80.890.69-0.690.86-0.82-0.850.930.930.81-0.060.240.920.860.25
1.0-0.650.78-0.750.93-0.680.70.711.00.70.810.90.66-0.620.88-0.77-0.80.990.980.840.010.310.990.880.23
-0.690.99-0.620.86-0.78-0.68-0.61-0.77-0.68-0.47-0.78-0.78-0.820.99-0.770.870.76-0.79-0.8-0.610.170.04-0.7-0.81-0.15
0.7-0.570.68-0.450.750.7-0.610.720.70.620.60.450.59-0.520.57-0.46-0.810.680.690.51-0.6-0.130.750.760.22
0.72-0.70.57-0.640.710.71-0.770.720.710.310.950.640.97-0.690.89-0.65-0.670.750.810.34-0.450.020.780.770.38
1.0-0.650.78-0.750.931.0-0.680.70.710.70.80.90.65-0.610.87-0.76-0.80.990.970.850.010.30.980.890.23
0.7-0.490.92-0.490.830.7-0.470.620.310.70.40.650.27-0.380.48-0.51-0.630.670.620.74-0.040.070.630.680.3
0.82-0.720.65-0.750.80.81-0.780.60.950.80.40.80.96-0.70.98-0.76-0.670.850.890.48-0.20.220.840.770.37
0.9-0.770.75-0.910.890.9-0.780.450.640.90.650.80.67-0.740.88-0.92-0.710.940.930.80.250.420.860.780.27
0.67-0.770.54-0.690.690.66-0.820.590.970.650.270.960.67-0.760.9-0.69-0.620.720.780.33-0.350.00.720.740.35
-0.620.99-0.510.85-0.69-0.620.99-0.52-0.69-0.61-0.38-0.7-0.74-0.76-0.70.850.71-0.73-0.75-0.590.10.06-0.63-0.75-0.07
0.88-0.720.7-0.80.860.88-0.770.570.890.870.480.980.880.9-0.7-0.81-0.690.910.940.6-0.070.30.890.80.31
-0.770.87-0.591.0-0.82-0.770.87-0.46-0.65-0.76-0.51-0.76-0.92-0.690.85-0.810.8-0.84-0.85-0.64-0.22-0.45-0.78-0.66-0.24
-0.80.75-0.60.79-0.85-0.80.76-0.81-0.67-0.8-0.63-0.67-0.71-0.620.71-0.690.8-0.82-0.83-0.630.09-0.23-0.86-0.75-0.24
0.99-0.760.77-0.830.930.99-0.790.680.750.990.670.850.940.72-0.730.91-0.84-0.820.990.840.020.270.970.910.22
0.98-0.770.75-0.840.930.98-0.80.690.810.970.620.890.930.78-0.750.94-0.85-0.830.990.79-0.020.280.980.890.23
0.84-0.620.73-0.630.810.84-0.610.510.340.850.740.480.80.33-0.590.6-0.64-0.630.840.790.170.130.770.79-0.15
0.010.12-0.21-0.24-0.060.010.17-0.6-0.450.01-0.04-0.20.25-0.350.1-0.07-0.220.090.02-0.020.170.67-0.05-0.28-0.1
0.310.050.01-0.450.240.310.04-0.130.020.30.070.220.420.00.060.3-0.45-0.230.270.280.130.670.33-0.150.16
0.98-0.660.72-0.770.920.99-0.70.750.780.980.630.840.860.72-0.630.89-0.78-0.860.970.980.77-0.050.330.860.24
0.89-0.780.8-0.640.860.88-0.810.760.770.890.680.770.780.74-0.750.8-0.66-0.750.910.890.79-0.28-0.150.860.23
0.24-0.110.36-0.230.250.23-0.150.220.380.230.30.370.270.35-0.070.31-0.24-0.240.220.23-0.15-0.10.160.240.23
Click cells to compare fundamentals

Triple Flag Account Relationship Matchups

Triple Flag balance sheet Accounts

201920202021202220232024 (projected)
Total Assets658.0M1.3B1.3B1.3B1.9B1.1B
Short Long Term Debt Total58.6M276.4M1.1M1.9M59.1M56.2M
Other Current Liab2.9M3.1M4.9M11.3M16.3M17.1M
Total Current Liabilities3.8M4.1M5.3M12.6M17.3M16.4M
Total Stockholder Equity593.6M1.0B1.3B1.3B1.8B1.9B
Property Plant And Equipment Net607.5M1.2B1.2B1.2B1.8B994.9M
Net Debt47.8M255.7M(39.5M)(69.2M)41.8M39.7M
Retained Earnings(45.5M)10.0M40.3M63.7M46.8M49.2M
Cash10.8M20.6M40.7M71.1M17.4M23.9M
Non Current Assets Total613.3M1.2B1.2B1.2B1.8B1.0B
Non Currrent Assets Other5.7M9.9M1.8M13.5M55.0M57.8M
Cash And Short Term Investments29.7M38.5M51.3M76.5M31.3M36.8M
Liabilities And Stockholders Equity658.0M1.3B1.3B1.3B1.9B1.1B
Other Current Assets2.2M1.4M3.6M5.8M1.2M2.2M
Total Liab64.3M282.0M8.8M18.6M83.7M128.8M
Total Current Assets44.6M58.6M72.4M90.6M57.0M53.4M
Intangible Assets125.3K95K65K35K31.5K29.9K
Common Stock639.2M1.0B1.3B1.3B1.7B876.2M
Net Tangible Assets593.6M1.0B1.3B1.3B1.5B849.4M
Net Receivables10.7M10.1M16.1M8.3M23.1M13.5M
Short Term Investments18.9M17.9M10.7M5.4M13.9M10.8M
Inventory2.1M8.5M1.4M0.01.4M2.1M
Property Plant Equipment607.5M1.2B1.2B1.2B1.4B955.6M
Other Liab2.2M1.4M3.5M4.3M5.0M2.7M
Accounts Payable674K775K147K1.0M628K697.8K
Other Assets5.8M11.9M4.4M16.2M18.6M19.5M
Non Current Liabilities Total60.5M277.9M3.5M6.0M66.4M71.2M
Capital Lease Obligations1.6M1.4M1.1M1.9M2.1M1.5M
Deferred Long Term Liab2.9M4.1M1.8M2.4M2.8M2.8M
Net Invested Capital650.6M1.3B1.3B1.3B1.9B1.3B
Net Working Capital40.8M54.5M67.1M78.0M39.7M57.8M

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

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Moving against Triple Stock

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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 CorrelationCorrelation 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:
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.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.