Techgen Net Receivables vs Property Plant Equipment Analysis

TG1 Stock

0.03 0 2.94%

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

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Techgen Metals Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between Techgen Metals' Net Receivables and Property Plant Equipment is 0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Techgen Metals, assuming nothing else is changed. The correlation between historical values of Techgen Metals' Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Techgen Metals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Techgen Metals' Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Property Plant Equipment

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

Selling General Administrative is likely to gain to about 626.3 K in 2024. Issuance Of Capital Stock is likely to gain to about 3.6 M in 2024

Techgen Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Common Stock Shares Outstanding	Inventory	Short Term Investments	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock
Total Assets		0.09	1.0	0.96	0.63	-0.95	-0.9	0.05	0.99	0.88	0.69	0.89	0.86	0.5	0.09	0.89	0.91	0.86	0.8	0.64	-0.76	-0.8	0.81	-0.62	0.82	0.73
Total Current Liabilities	0.09		0.07	0.09	-0.13	-0.03	-0.36	0.94	0.0	0.4	0.13	-0.28	-0.09	0.11	1.0	-0.27	0.24	0.35	0.14	0.29	-0.09	-0.39	0.37	-0.1	0.5	0.56
Total Stockholder Equity	1.0	0.07		0.96	0.64	-0.95	-0.9	0.04	0.99	0.88	0.69	0.89	0.86	0.5	0.07	0.9	0.91	0.85	0.8	0.64	-0.76	-0.79	0.81	-0.62	0.82	0.72
Net Tangible Assets	0.96	0.09	0.96		0.74	-0.99	-0.94	0.05	0.94	0.86	0.67	0.86	0.84	0.64	0.09	0.86	0.97	0.93	0.83	0.63	-0.77	-0.84	0.83	-0.77	0.81	0.72
Property Plant And Equipment Net	0.63	-0.13	0.64	0.74		-0.8	-0.75	-0.29	0.68	0.67	0.57	0.52	0.36	0.84	-0.13	0.53	0.8	0.78	0.86	0.71	-0.61	-0.74	0.79	-0.91	0.66	0.59
Net Debt	-0.95	-0.03	-0.95	-0.99	-0.8		0.93	0.01	-0.96	-0.85	-0.62	-0.84	-0.79	-0.68	-0.03	-0.84	-0.97	-0.93	-0.86	-0.67	0.74	0.86	-0.86	0.81	-0.82	-0.72
Retained Earnings	-0.9	-0.36	-0.9	-0.94	-0.75	0.93		-0.26	-0.88	-0.95	-0.72	-0.67	-0.67	-0.67	-0.36	-0.67	-0.98	-0.99	-0.86	-0.72	0.78	0.95	-0.94	0.82	-0.94	-0.85
Accounts Payable	0.05	0.94	0.04	0.05	-0.29	0.01	-0.26		-0.02	0.29	-0.08	-0.28	-0.05	-0.03	0.94	-0.27	0.15	0.27	-0.02	0.11	0.01	-0.32	0.25	-0.01	0.39	0.42
Cash	0.99	0.0	0.99	0.94	0.68	-0.96	-0.88	-0.02		0.87	0.64	0.87	0.81	0.53	0.0	0.87	0.89	0.85	0.82	0.66	-0.73	-0.81	0.83	-0.66	0.82	0.71
Non Current Assets Total	0.88	0.4	0.88	0.86	0.67	-0.85	-0.95	0.29	0.87		0.75	0.6	0.61	0.53	0.4	0.61	0.9	0.91	0.81	0.73	-0.81	-0.93	0.94	-0.7	0.96	0.86
Non Currrent Assets Other	0.69	0.13	0.69	0.67	0.57	-0.62	-0.72	-0.08	0.64	0.75		0.59	0.59	0.27	0.13	0.6	0.68	0.62	0.57	0.43	-0.85	-0.61	0.61	-0.49	0.61	0.51
Cash And Short Term Investments	0.89	-0.28	0.89	0.86	0.52	-0.84	-0.67	-0.28	0.87	0.6	0.59		0.95	0.37	-0.28	1.0	0.74	0.61	0.61	0.39	-0.7	-0.48	0.49	-0.42	0.48	0.42
Net Receivables	0.86	-0.09	0.86	0.84	0.36	-0.79	-0.67	-0.05	0.81	0.61	0.59	0.95		0.22	-0.09	0.95	0.71	0.6	0.47	0.24	-0.73	-0.49	0.44	-0.35	0.47	0.38
Other Current Assets	0.5	0.11	0.5	0.64	0.84	-0.68	-0.67	-0.03	0.53	0.53	0.27	0.37	0.22		0.11	0.37	0.75	0.74	0.88	0.83	-0.29	-0.61	0.72	-0.79	0.64	0.72
Total Liab	0.09	1.0	0.07	0.09	-0.13	-0.03	-0.36	0.94	0.0	0.4	0.13	-0.28	-0.09	0.11		-0.27	0.24	0.35	0.14	0.29	-0.09	-0.39	0.37	-0.1	0.5	0.56
Total Current Assets	0.89	-0.27	0.9	0.86	0.53	-0.84	-0.67	-0.27	0.87	0.61	0.6	1.0	0.95	0.37	-0.27		0.74	0.61	0.62	0.4	-0.7	-0.49	0.5	-0.42	0.49	0.43
Common Stock	0.91	0.24	0.91	0.97	0.8	-0.97	-0.98	0.15	0.89	0.9	0.68	0.74	0.71	0.75	0.24	0.74		0.98	0.89	0.73	-0.75	-0.9	0.91	-0.84	0.88	0.82
Property Plant Equipment	0.86	0.35	0.85	0.93	0.78	-0.93	-0.99	0.27	0.85	0.91	0.62	0.61	0.6	0.74	0.35	0.61	0.98		0.87	0.74	-0.68	-0.96	0.96	-0.88	0.94	0.85
Other Current Liab	0.8	0.14	0.8	0.83	0.86	-0.86	-0.86	-0.02	0.82	0.81	0.57	0.61	0.47	0.88	0.14	0.62	0.89	0.87		0.94	-0.55	-0.78	0.9	-0.77	0.86	0.88
Common Stock Shares Outstanding	0.64	0.29	0.64	0.63	0.71	-0.67	-0.72	0.11	0.66	0.73	0.43	0.39	0.24	0.83	0.29	0.4	0.73	0.74	0.94		-0.35	-0.66	0.84	-0.6	0.82	0.92
Inventory	-0.76	-0.09	-0.76	-0.77	-0.61	0.74	0.78	0.01	-0.73	-0.81	-0.85	-0.7	-0.73	-0.29	-0.09	-0.7	-0.75	-0.68	-0.55	-0.35		0.68	-0.62	0.57	-0.61	-0.47
Short Term Investments	-0.8	-0.39	-0.79	-0.84	-0.74	0.86	0.95	-0.32	-0.81	-0.93	-0.61	-0.48	-0.49	-0.61	-0.39	-0.49	-0.9	-0.96	-0.78	-0.66	0.68		-0.96	0.88	-0.94	-0.79
Other Stockholder Equity	0.81	0.37	0.81	0.83	0.79	-0.86	-0.94	0.25	0.83	0.94	0.61	0.49	0.44	0.72	0.37	0.5	0.91	0.96	0.9	0.84	-0.62	-0.96		-0.84	0.98	0.89
Net Invested Capital	-0.62	-0.1	-0.62	-0.77	-0.91	0.81	0.82	-0.01	-0.66	-0.7	-0.49	-0.42	-0.35	-0.79	-0.1	-0.42	-0.84	-0.88	-0.77	-0.6	0.57	0.88	-0.84		-0.74	-0.59
Property Plant And Equipment Gross	0.82	0.5	0.82	0.81	0.66	-0.82	-0.94	0.39	0.82	0.96	0.61	0.48	0.47	0.64	0.5	0.49	0.88	0.94	0.86	0.82	-0.61	-0.94	0.98	-0.74		0.93
Capital Stock	0.73	0.56	0.72	0.72	0.59	-0.72	-0.85	0.42	0.71	0.86	0.51	0.42	0.38	0.72	0.56	0.43	0.82	0.85	0.88	0.92	-0.47	-0.79	0.89	-0.59	0.93

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Techgen Metals Account Relationship Matchups

Techgen Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7K	6.0M	5.0M	5.9M	6.9M	3.9M
Total Stockholder Equity	(121.5K)	5.9M	5.0M	5.6M	6.7M	3.8M
Net Tangible Assets	(121.5K)	5.9M	5.0M	5.6M	6.5M	6.8M
Net Debt	(209.0)	(1.8M)	(1.9M)	(1.6M)	(2.3M)	(2.2M)
Retained Earnings	(797.0K)	(2.8M)	(4.3M)	(6.4M)	(6.7M)	(6.4M)
Cash	209.0	1.8M	1.9M	1.6M	2.3M	1.2M
Cash And Short Term Investments	209.0	4.3M	1.9M	1.6M	2.3M	1.7M
Net Receivables	1.4K	155.2K	64.6K	100.3K	53.2K	60.8K
Liabilities And Stockholders Equity	1.7K	6.0M	5.0M	5.9M	6.9M	3.9M
Other Current Assets	1.4K	12.9K	5K	5.6K	90.7K	95.3K
Total Current Assets	1.7K	4.5M	2.0M	1.7M	2.5M	1.7M
Property Plant Equipment	0.0	1.5M	3.1M	4.1M	4.7M	5.0M

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