TGS Short Long Term Debt vs Other Stockholder Equity 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 Short Long Term Debt and its Other Stockholder Equity 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.
Short Long Term Debt vs Other Stockholder Equity
Short Long Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TGS Esports Short Long Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TGS Esports' Short Long Term Debt and Other Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Stockholder Equity 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' Short Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of TGS Esports are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., TGS Esports' Short Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Other Stockholder Equity
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
Thematic Opportunities
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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.