| 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 Cash And Short Term Investments and its Common Stock Shares Outstanding 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.
Cash And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tombador Iron Cash And Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tombador Iron's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Cash And Short Term Investments and Common Stock Shares Outstanding 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 Tombador Iron are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Tombador Iron's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tombador Iron balance sheet. This account contains Tombador Iron investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tombador Iron 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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