Techgen Total Assets vs Property Plant And Equipment Gross 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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

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

The correlation between Techgen Metals' Total Assets and Property Plant And Equipment Gross is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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' Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Techgen Metals are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Techgen Metals' Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Techgen Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Techgen Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Techgen Stock Analysis

When running Techgen Metals' price analysis, check to measure Techgen Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Techgen Metals is operating at the current time. Most of Techgen Metals' value examination focuses on studying past and present price action to predict the probability of Techgen Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techgen Metals' price. Additionally, you may evaluate how the addition of Techgen Metals to your portfolios can decrease your overall portfolio volatility.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC