Triple Free Cash Flow vs Investments Analysis

TFPM Stock

23.24 0.16 0.68%

Triple Flag financial indicator trend analysis is much more than just breaking down Triple Flag Precious prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triple Flag Precious is a good investment. Please check the relationship between Triple Flag Free Cash Flow and its Investments accounts. 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.

Free Cash Flow vs Investments

Free Cash Flow vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triple Flag Precious Free Cash Flow account and Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between Triple Flag's Free Cash Flow and Investments is 0.03. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Investments in the same time period over historical financial statements of Triple Flag Precious, assuming nothing else is changed. The correlation between historical values of Triple Flag's Free Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Triple Flag Precious are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Free Cash Flow i.e., Triple Flag's Free Cash Flow and Investments go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Triple Flag's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Discontinued Operations is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 25.91, while Selling General Administrative is likely to drop about 10.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	83.3M	87.0M	102.1M	58.5M
Total Revenue	150.4M	151.9M	204.0M	119.8M

Gross Profit Total Revenue

Triple Flag fundamental ratios 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 fundamental ratios 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

0.9	AG	First Majestic Silver	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr
0.61	FDY	Faraday Copper Corp	Pair Corr

Moving against Triple Stock

0.33

TGO

TeraGo Inc

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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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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.

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Triple Free Cash Flow vs Investments Analysis

Free Cash Flow vs Investments

Free Cash Flow vs Investments Correlation Analysis

Correlation Coefficient

Free Cash Flow

Investments

Triple Flag fundamental ratios Correlations

Triple Flag Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Triple Flag fundamental ratios 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