TGS Capital Lease Obligations vs Net Invested Capital Analysis
| TGS Stock | CAD 0.06 0.00 0.00% |
TGS Esports financial indicator trend analysis is much more than just breaking down TGS Esports prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TGS Esports is a good investment. Please check the relationship between TGS Esports Capital Lease Obligations and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TGS Esports. 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.
Capital Lease Obligations vs Net Invested Capital
Capital Lease Obligations vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TGS Esports Capital Lease Obligations account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TGS Esports' Capital Lease Obligations and Net Invested Capital is 0.8. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of TGS Esports, assuming nothing else is changed. The correlation between historical values of TGS Esports' Capital Lease Obligations and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of TGS Esports are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Lease Obligations i.e., TGS Esports' Capital Lease Obligations and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Capital Lease Obligations
TGS Esports capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to TGS Esports asset purchases. For example, TGS Esports can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as TGS Esports control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from TGS Esports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TGS Esports 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 TGS Esports. 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. Issuance Of Capital Stock is likely to climb to about 4.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 M in 2024.
| 2010 | 2020 | 2023 | 2024 (projected) | Total Operating Expenses | 2.2M | 4.2M | 4.9M | 3.5M | Cost Of Revenue | 324.3K | 112.6K | 101.4K | 174.8K |
TGS Esports fundamental ratios Correlations
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TGS Esports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for TGS Stock Analysis
When running TGS Esports' price analysis, check to measure TGS Esports' 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 TGS Esports is operating at the current time. Most of TGS Esports' value examination focuses on studying past and present price action to predict the probability of TGS Esports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS Esports' price. Additionally, you may evaluate how the addition of TGS Esports to your portfolios can decrease your overall portfolio volatility.