| TI1 Stock | | | 0.35 0.00 0.00% |
Tombador Iron financial indicator trend analysis is much more than just breaking down Tombador Iron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tombador Iron is a good investment. Please check the relationship between Tombador Iron Capital Expenditures and its Change In Working Capital accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tombador Iron. 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 Expenditures vs Change In Working Capital
Capital Expenditures vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tombador Iron Capital Expenditures account and
Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Tombador Iron's Capital Expenditures and Change In Working Capital is -0.72. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Tombador Iron, assuming nothing else is changed. The correlation between historical values of Tombador Iron's Capital Expenditures and Change In Working 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 Expenditures of Tombador Iron are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Capital Expenditures i.e., Tombador Iron's Capital Expenditures and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.72 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Tombador Iron to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tombador Iron operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Tombador Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tombador Iron 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 Tombador Iron. 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, Tombador Iron's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 431.4
K in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
Tombador Iron fundamental ratios Correlations
Click cells to compare fundamentals
Tombador Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tombador Iron fundamental ratios Accounts
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Additional Tools for Tombador Stock Analysis
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measure Tombador Iron's 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 Tombador Iron is operating at the current time. Most of Tombador Iron's value examination focuses on studying past and present price action to
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