TeraGo Cash And Short Term Investments vs Non Current Assets Total Analysis

TGO Stock

CAD 1.47 0.06 4.26%

TeraGo financial indicator trend analysis is much more than just breaking down TeraGo Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TeraGo Inc is a good investment. Please check the relationship between TeraGo Cash And Short Term Investments and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TeraGo Inc. 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.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TeraGo Inc Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between TeraGo's Cash And Short Term Investments and Non Current Assets Total is 0.64. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of TeraGo Inc, assuming nothing else is changed. The correlation between historical values of TeraGo's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of TeraGo Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., TeraGo's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TeraGo Inc balance sheet. This account contains TeraGo investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TeraGo Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from TeraGo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TeraGo Inc 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 TeraGo Inc. 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, TeraGo's Selling General Administrative is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value Over EBITDA is likely to grow to 109.71, while Sales General And Administrative To Revenue is likely to drop 0.45.

	2022	2023	2024	2025 (projected)
Gross Profit	20.2M	19.1M	22.0M	33.5M
Total Revenue	27.6M	26.1M	30.0M	43.3M

Gross Profit Total Revenue

TeraGo fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Short Term Investments
Common Stock Shares Outstanding		-0.33	0.12	-0.2	-0.67	-0.42	-0.4	0.16	-0.54	-0.67	-0.06	-0.41	-0.14	-0.13	-0.79	-0.31	0.08	0.17	-0.46	0.01	0.57	0.08	0.17	-0.29	0.24	0.39
Total Assets	-0.33		0.85	0.75	0.79	0.82	-0.47	0.8	-0.08	0.51	0.74	0.91	0.24	0.72	0.45	0.79	0.86	0.2	0.13	0.92	-0.07	0.47	0.66	0.87	0.34	-0.61
Short Long Term Debt Total	0.12	0.85		0.54	0.47	0.75	-0.65	0.98	-0.35	0.19	0.71	0.82	0.15	0.65	0.16	0.72	0.99	0.08	-0.09	0.97	0.13	0.31	0.81	0.8	0.34	-0.47
Total Current Liabilities	-0.2	0.75	0.54		0.59	0.51	-0.19	0.5	-0.11	0.33	0.5	0.44	0.16	0.5	0.07	0.31	0.51	0.72	0.21	0.7	0.13	0.86	0.6	0.4	0.73	-0.45
Total Stockholder Equity	-0.67	0.79	0.47	0.59		0.66	-0.08	0.41	0.36	0.77	0.51	0.76	0.25	0.52	0.69	0.73	0.49	0.14	0.31	0.57	-0.5	0.29	0.35	0.72	0.19	-0.5
Property Plant And Equipment Net	-0.42	0.82	0.75	0.51	0.66		-0.32	0.73	-0.23	0.34	0.51	0.87	0.0	0.51	0.43	0.57	0.74	-0.09	0.1	0.75	0.01	0.12	0.68	0.72	0.23	-0.81
Current Deferred Revenue	-0.4	-0.47	-0.65	-0.19	-0.08	-0.32		-0.63	0.58	0.1	-0.49	-0.4	-0.06	-0.43	0.25	-0.37	-0.66	-0.13	0.53	-0.61	-0.48	-0.28	-0.4	-0.48	-0.27	0.32
Net Debt	0.16	0.8	0.98	0.5	0.41	0.73	-0.63		-0.38	0.08	0.55	0.78	0.05	0.49	0.1	0.67	0.96	0.09	-0.21	0.93	0.13	0.25	0.85	0.72	0.38	-0.46
Retained Earnings	-0.54	-0.08	-0.35	-0.11	0.36	-0.23	0.58	-0.38		0.53	-0.11	0.02	0.23	-0.11	0.55	0.24	-0.32	-0.2	0.42	-0.3	-0.9	-0.24	-0.36	-0.04	-0.41	0.48
Accounts Payable	-0.67	0.51	0.19	0.33	0.77	0.34	0.1	0.08	0.53		0.58	0.54	0.63	0.6	0.8	0.65	0.27	-0.11	0.62	0.31	-0.63	0.09	-0.1	0.57	-0.19	-0.25
Cash	-0.06	0.74	0.71	0.5	0.51	0.51	-0.49	0.55	-0.11	0.58		0.66	0.47	0.99	0.32	0.65	0.75	0.03	0.38	0.76	0.02	0.38	0.39	0.76	0.1	-0.34
Non Current Assets Total	-0.41	0.91	0.82	0.44	0.76	0.87	-0.4	0.78	0.02	0.54	0.66		0.23	0.64	0.62	0.88	0.84	-0.2	0.13	0.82	-0.26	0.06	0.59	0.92	0.03	-0.58
Non Currrent Assets Other	-0.14	0.24	0.15	0.16	0.25	0.0	-0.06	0.05	0.23	0.63	0.47	0.23		0.46	0.43	0.45	0.21	-0.07	0.24	0.22	-0.28	0.1	-0.18	0.31	-0.22	0.0
Cash And Short Term Investments	-0.13	0.72	0.65	0.5	0.52	0.51	-0.43	0.49	-0.11	0.6	0.99	0.64	0.46		0.34	0.61	0.68	0.01	0.44	0.71	0.02	0.37	0.36	0.73	0.1	-0.36
Net Receivables	-0.79	0.45	0.16	0.07	0.69	0.43	0.25	0.1	0.55	0.8	0.32	0.62	0.43	0.34		0.68	0.23	-0.43	0.55	0.21	-0.72	-0.25	-0.12	0.62	-0.48	-0.31
Good Will	-0.31	0.79	0.72	0.31	0.73	0.57	-0.37	0.67	0.24	0.65	0.65	0.88	0.45	0.61	0.68		0.76	-0.21	0.13	0.72	-0.49	0.01	0.39	0.9	-0.09	-0.27
Non Current Liabilities Total	0.08	0.86	0.99	0.51	0.49	0.74	-0.66	0.96	-0.32	0.27	0.75	0.84	0.21	0.68	0.23	0.76		0.05	-0.04	0.97	0.09	0.29	0.73	0.84	0.27	-0.49
Other Current Assets	0.17	0.2	0.08	0.72	0.14	-0.09	-0.13	0.09	-0.2	-0.11	0.03	-0.2	-0.07	0.01	-0.43	-0.21	0.05		-0.11	0.23	0.36	0.92	0.23	-0.15	0.81	-0.09
Other Stockholder Equity	-0.46	0.13	-0.09	0.21	0.31	0.1	0.53	-0.21	0.42	0.62	0.38	0.13	0.24	0.44	0.55	0.13	-0.04	-0.11		0.02	-0.4	0.05	-0.18	0.2	-0.21	-0.04
Total Liab	0.01	0.92	0.97	0.7	0.57	0.75	-0.61	0.93	-0.3	0.31	0.76	0.82	0.22	0.71	0.21	0.72	0.97	0.23	0.02		0.11	0.47	0.77	0.81	0.42	-0.53
Property Plant And Equipment Gross	0.57	-0.07	0.13	0.13	-0.5	0.01	-0.48	0.13	-0.9	-0.63	0.02	-0.26	-0.28	0.02	-0.72	-0.49	0.09	0.36	-0.4	0.11		0.38	0.2	-0.19	0.41	-0.31
Total Current Assets	0.08	0.47	0.31	0.86	0.29	0.12	-0.28	0.25	-0.24	0.09	0.38	0.06	0.1	0.37	-0.25	0.01	0.29	0.92	0.05	0.47	0.38		0.33	0.14	0.76	-0.25
Short Term Debt	0.17	0.66	0.81	0.6	0.35	0.68	-0.4	0.85	-0.36	-0.1	0.39	0.59	-0.18	0.36	-0.12	0.39	0.73	0.23	-0.18	0.77	0.2	0.33		0.46	0.61	-0.37
Intangible Assets	-0.29	0.87	0.8	0.4	0.72	0.72	-0.48	0.72	-0.04	0.57	0.76	0.92	0.31	0.73	0.62	0.9	0.84	-0.15	0.2	0.81	-0.19	0.14	0.46		-0.04	-0.55
Other Current Liab	0.24	0.34	0.34	0.73	0.19	0.23	-0.27	0.38	-0.41	-0.19	0.1	0.03	-0.22	0.1	-0.48	-0.09	0.27	0.81	-0.21	0.42	0.41	0.76	0.61	-0.04		-0.25
Short Term Investments	0.39	-0.61	-0.47	-0.45	-0.5	-0.81	0.32	-0.46	0.48	-0.25	-0.34	-0.58	0.0	-0.36	-0.31	-0.27	-0.49	-0.09	-0.04	-0.53	-0.31	-0.25	-0.37	-0.55	-0.25

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TeraGo Account Relationship Matchups

TeraGo fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	16.7M	18.8M	19.1M	19.8M	22.7M	15.7M
Total Assets	103.2M	93.2M	55.4M	53.5M	61.5M	76.0M
Short Long Term Debt Total	56.2M	35.9M	20.5M	31.9M	36.7M	26.9M
Total Current Liabilities	15.8M	24.2M	9.9M	8.4M	9.7M	12.6M
Total Stockholder Equity	40.9M	40.3M	29.6M	17.3M	19.9M	18.9M
Property Plant And Equipment Net	56.6M	34.0M	32.8M	33.5M	38.6M	38.9M
Current Deferred Revenue	155K	193K	191K	127K	173.7K	165.0K
Net Debt	50.3M	30.4M	14.3M	27.6M	31.7M	20.6M
Retained Earnings	(89.5M)	(104.7M)	(116.3M)	(129.5M)	(116.5M)	(110.7M)
Accounts Payable	5.4M	3.8M	4.5M	2.3M	2.1M	2.0M
Cash	5.9M	5.5M	6.2M	4.4M	5.1M	4.9M
Non Current Assets Total	93.6M	45.7M	44.4M	45.6M	52.5M	60.5M
Non Currrent Assets Other	438K	519K	490K	358K	411.7K	391.1K
Cash And Short Term Investments	5.9M	5.5M	7.4M	4.6M	4.2M	5.8M
Net Receivables	2.6M	1.3M	1.6M	2.0M	1.8M	2.2M
Liabilities And Stockholders Equity	103.2M	93.2M	55.4M	53.5M	61.5M	76.0M
Non Current Liabilities Total	46.5M	28.8M	15.9M	27.7M	31.9M	22.0M
Other Current Assets	1.1M	40.8M	2.3M	1.3M	1.4M	1.4M
Other Stockholder Equity	27.2M	26.4M	26.8M	27.7M	24.9M	23.6M
Total Liab	62.3M	53.0M	25.8M	36.2M	41.6M	34.6M
Property Plant And Equipment Gross	56.6M	195.5M	168.6M	178.6M	205.4M	215.7M
Total Current Assets	9.6M	47.6M	10.9M	7.9M	9.0M	15.4M
Accumulated Other Comprehensive Income	(129.4M)	743K	963K	819K	737.1K	774.0K
Short Term Debt	10.2M	7.9M	5.0M	5.2M	6.0M	4.8M
Intangible Assets	17.1M	10.3M	10.3M	10.9M	12.5M	11.7M
Other Current Liab	5.4M	12.3M	4.7M	694K	798.1K	758.2K
Inventory	324K	38.9M	667K	267K	307.1K	291.7K
Common Stock	103.2M	117.8M	118.1M	118.3M	136.1M	103.2M
Other Liab	355K	547K	765K	448K	403.2K	765.4K
Net Tangible Assets	10.1M	4.4M	29.1M	18.5M	16.6M	11.6M
Other Assets	378K	438K	34.5M	490K	563.5K	535.3K
Long Term Debt	25.1M	17.5M	6.2M	16.9M	15.2M	18.6M
Property Plant Equipment	59.6M	56.6M	34.0M	32.8M	29.5M	34.6M
Long Term Debt Total	46.2M	45.9M	28.0M	15.5M	13.9M	27.1M
Capital Surpluse	27.5M	27.2M	26.4M	26.8M	30.8M	28.9M

Pair Trading with TeraGo

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 TeraGo 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 TeraGo will appreciate offsetting losses from the drop in the long position's value.

Moving against TeraGo Stock

0.79	GOOG	Alphabet CDR	Pair Corr
0.66	SOU	Southern Energy Corp	Pair Corr
0.44	DELX	DelphX Capital Markets	Pair Corr

The ability to find closely correlated positions to TeraGo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TeraGo 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 TeraGo - 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 TeraGo Inc to buy it.

The correlation of TeraGo 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 TeraGo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TeraGo Inc 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 TeraGo 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

Other Information on Investing in TeraGo Stock

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

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TeraGo Cash And Short Term Investments vs Non Current Assets Total Analysis

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Non Current Assets Total

TeraGo fundamental ratios Correlations

TeraGo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TeraGo fundamental ratios Accounts

Pair Trading with TeraGo

Moving against TeraGo Stock

Other Information on Investing in TeraGo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.96	Net Debt

Property Plant And Equipment Gross	- 0.9	Retained Earnings
Short Term Investments	- 0.81	Property Plant And Equipment Net
Net Receivables	- 0.79	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.72	Net Receivables
Accounts Payable	- 0.67	Common Stock Shares Outstanding
Total Stockholder Equity	- 0.67	Common Stock Shares Outstanding