Triumph Free Cash Flow Yield vs Ptb Ratio Analysis

TIG Stock

CAD 0.23 0.03 15.00%

Triumph Gold financial indicator trend analysis is much more than just breaking down Triumph Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Gold Corp is a good investment. Please check the relationship between Triumph Gold Free Cash Flow Yield and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Gold Corp. 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Gold Corp Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Triumph Gold's Free Cash Flow Yield and Ptb Ratio is 0.4. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Triumph Gold Corp, assuming nothing else is changed. The correlation between historical values of Triumph Gold's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Triumph Gold Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Triumph Gold's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Triumph Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Gold Corp 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 Triumph Gold Corp. 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.

Selling General Administrative is likely to drop to about 324.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 2.6 M in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	5.2M	1.5M	1.2M	1.1M
Depreciation And Amortization	111.9K	85.5K	8.1K	7.6K

Other Operating Expenses Depreciation And Amortization

Triumph Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Other Current Liab	Non Currrent Assets Other	Common Stock	Other Liab	Net Tangible Assets	Inventory	Long Term Investments	Property Plant Equipment	Short Term Investments
Total Assets		-0.2	1.0	0.99	-0.26	0.73	-0.19	0.25	0.99	0.25	0.52	-0.38	-0.05	0.12	-0.11	0.24	0.11	-0.39	-0.32	-0.53	-0.45	0.23	0.85	0.21	-0.37	-0.14
Total Current Liabilities	-0.2		-0.24	-0.15	0.22	-0.39	0.99	-0.21	-0.17	-0.21	-0.25	0.12	-0.23	-0.1	0.97	-0.23	-0.06	0.36	0.33	0.5	0.53	-0.45	-0.22	0.12	0.42	-0.09
Total Stockholder Equity	1.0	-0.24		0.99	-0.27	0.74	-0.23	0.26	0.99	0.26	0.53	-0.38	-0.04	0.12	-0.15	0.25	0.11	-0.41	-0.33	-0.55	-0.47	0.25	0.86	0.2	-0.39	-0.14
Property Plant And Equipment Net	0.99	-0.15	0.99		-0.16	0.71	-0.15	0.16	1.0	0.16	0.52	-0.42	-0.09	0.08	-0.08	0.14	0.04	-0.41	-0.35	-0.54	-0.45	0.19	0.82	0.26	-0.4	-0.2
Net Debt	-0.26	0.22	-0.27	-0.16		-0.43	0.24	-1.0	-0.14	-1.0	-0.04	0.32	-0.47	-0.48	0.13	-0.99	-0.63	0.42	0.23	0.23	0.33	-0.73	-0.38	-0.26	0.28	-0.59
Retained Earnings	0.73	-0.39	0.74	0.71	-0.43		-0.39	0.41	0.69	0.41	0.47	-0.67	0.42	0.16	-0.37	0.45	0.57	-0.66	-0.54	-0.89	-0.79	0.33	0.89	0.38	-0.72	-0.25
Accounts Payable	-0.19	0.99	-0.23	-0.15	0.24	-0.39		-0.23	-0.16	-0.23	-0.2	0.2	-0.27	-0.12	0.98	-0.25	-0.03	0.43	0.34	0.5	0.53	-0.54	-0.19	0.01	0.45	-0.17
Cash	0.25	-0.21	0.26	0.16	-1.0	0.41	-0.23		0.13	1.0	0.03	-0.32	0.46	0.46	-0.13	0.99	0.62	-0.42	-0.24	-0.21	-0.32	0.73	0.36	0.27	-0.27	0.61
Non Current Assets Total	0.99	-0.17	0.99	1.0	-0.14	0.69	-0.16	0.13		0.13	0.53	-0.34	-0.13	0.06	-0.09	0.12	0.03	-0.34	-0.29	-0.51	-0.42	0.14	0.82	0.18	-0.34	-0.22
Cash And Short Term Investments	0.25	-0.21	0.26	0.16	-1.0	0.41	-0.23	1.0	0.13		0.03	-0.32	0.46	0.46	-0.13	0.99	0.62	-0.42	-0.24	-0.21	-0.32	0.73	0.36	0.27	-0.27	0.61
Net Receivables	0.52	-0.25	0.53	0.52	-0.04	0.47	-0.2	0.03	0.53	0.03		-0.2	0.01	0.03	-0.13	0.05	0.15	-0.21	-0.29	-0.47	-0.31	-0.05	0.46	0.0	-0.31	-0.4
Common Stock Shares Outstanding	-0.38	0.12	-0.38	-0.42	0.32	-0.67	0.2	-0.32	-0.34	-0.32	-0.2		-0.38	-0.21	0.18	-0.35	-0.25	0.9	0.75	0.71	0.65	-0.53	-0.37	-0.89	0.82	-0.03
Other Current Assets	-0.05	-0.23	-0.04	-0.09	-0.47	0.42	-0.27	0.46	-0.13	0.46	0.01	-0.38		-0.04	-0.28	0.56	0.74	-0.42	-0.21	-0.27	-0.2	0.37	0.32	0.3	-0.36	0.02
Other Stockholder Equity	0.12	-0.1	0.12	0.08	-0.48	0.16	-0.12	0.46	0.06	0.46	0.03	-0.21	-0.04		-0.03	0.43	0.04	-0.24	-0.01	-0.24	-0.37	0.36	-0.01	0.16	-0.31	0.24
Total Liab	-0.11	0.97	-0.15	-0.08	0.13	-0.37	0.98	-0.13	-0.09	-0.13	-0.13	0.18	-0.28	-0.03		-0.15	-0.03	0.4	0.36	0.49	0.51	-0.46	-0.16	0.02	0.42	-0.09
Total Current Assets	0.24	-0.23	0.25	0.14	-0.99	0.45	-0.25	0.99	0.12	0.99	0.05	-0.35	0.56	0.43	-0.15		0.68	-0.45	-0.26	-0.24	-0.32	0.73	0.39	0.28	-0.3	0.56
Non Current Liabilities Total	0.11	-0.06	0.11	0.04	-0.63	0.57	-0.03	0.62	0.03	0.62	0.15	-0.25	0.74	0.04	-0.03	0.68		-0.28	-0.21	-0.33	-0.25	0.13	0.55	0.13	-0.21	-0.1
Other Current Liab	-0.39	0.36	-0.41	-0.41	0.42	-0.66	0.43	-0.42	-0.34	-0.42	-0.21	0.9	-0.42	-0.24	0.4	-0.45	-0.28		0.83	0.66	0.63	-0.61	-0.39	-0.79	0.77	-0.12
Non Currrent Assets Other	-0.32	0.33	-0.33	-0.35	0.23	-0.54	0.34	-0.24	-0.29	-0.24	-0.29	0.75	-0.21	-0.01	0.36	-0.26	-0.21	0.83		0.57	0.49	-0.42	-0.31	-0.66	0.6	0.03
Common Stock	-0.53	0.5	-0.55	-0.54	0.23	-0.89	0.5	-0.21	-0.51	-0.21	-0.47	0.71	-0.27	-0.24	0.49	-0.24	-0.33	0.66	0.57		0.95	-0.31	-0.61	-0.35	0.89	0.29
Other Liab	-0.45	0.53	-0.47	-0.45	0.33	-0.79	0.53	-0.32	-0.42	-0.32	-0.31	0.65	-0.2	-0.37	0.51	-0.32	-0.25	0.63	0.49	0.95		-0.44	-0.49	-0.27	0.91	0.06
Net Tangible Assets	0.23	-0.45	0.25	0.19	-0.73	0.33	-0.54	0.73	0.14	0.73	-0.05	-0.53	0.37	0.36	-0.46	0.73	0.13	-0.61	-0.42	-0.31	-0.44		0.15	0.48	-0.51	0.74
Inventory	0.85	-0.22	0.86	0.82	-0.38	0.89	-0.19	0.36	0.82	0.36	0.46	-0.37	0.32	-0.01	-0.16	0.39	0.55	-0.39	-0.31	-0.61	-0.49	0.15		0.16	-0.38	-0.28
Long Term Investments	0.21	0.12	0.2	0.26	-0.26	0.38	0.01	0.27	0.18	0.27	0.0	-0.89	0.3	0.16	0.02	0.28	0.13	-0.79	-0.66	-0.35	-0.27	0.48	0.16		-0.5	0.16
Property Plant Equipment	-0.37	0.42	-0.39	-0.4	0.28	-0.72	0.45	-0.27	-0.34	-0.27	-0.31	0.82	-0.36	-0.31	0.42	-0.3	-0.21	0.77	0.6	0.89	0.91	-0.51	-0.38	-0.5		0.04
Short Term Investments	-0.14	-0.09	-0.14	-0.2	-0.59	-0.25	-0.17	0.61	-0.22	0.61	-0.4	-0.03	0.02	0.24	-0.09	0.56	-0.1	-0.12	0.03	0.29	0.06	0.74	-0.28	0.16	0.04

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Triumph Gold Account Relationship Matchups

Triumph Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7M	8.0M	3.9M	3.7M	4.0M	3.8M
Total Current Liabilities	463.9K	296.9K	1.1M	2.5M	248.3K	235.9K
Total Stockholder Equity	4.2M	7.5M	2.7M	1.2M	3.7M	3.5M
Property Plant And Equipment Net	3.3M	3.5M	3.7M	3.6M	14.7K	14.0K
Net Debt	(892.6K)	(4.1M)	64.5K	(2.1K)	(193.5K)	(203.2K)
Retained Earnings	(68.7M)	(73.7M)	(78.9M)	(80.4M)	(81.4M)	(77.4M)
Accounts Payable	229.5K	204.6K	932.5K	1.8M	248.3K	406.0K
Cash	923.1K	4.3M	41.7K	2.7K	193.5K	183.8K
Non Current Assets Total	3.3M	3.5M	3.8M	3.6M	3.7M	3.6M
Cash And Short Term Investments	923.1K	4.3M	41.7K	2.7K	193.5K	183.8K
Net Receivables	19.2K	14.8K	15.4K	36.5K	54.8K	83.9K
Common Stock Shares Outstanding	9.1M	11.9M	13.9M	13.9M	40.4M	42.4M
Liabilities And Stockholders Equity	4.7M	8.0M	3.9M	3.7M	4.0M	3.8M
Other Current Assets	470.5K	175.5K	46.3K	19.4K	29.2K	27.7K
Other Stockholder Equity	5.9M	6.8M	8.6M	8.7M	7.8M	7.4M
Total Liab	513.9K	453.1K	1.2M	2.5M	308.3K	605.5K
Total Current Assets	1.4M	4.5M	103.4K	58.6K	277.5K	263.6K
Accumulated Other Comprehensive Income	5.9M	6.8M	8.6M	8.7M	8.5M	5.0M
Non Currrent Assets Other	3.0M	100K	3.3M	3.7M	4.3M	4.5M
Common Stock	61.5M	66.1M	72.6M	72.9M	76.6M	65.3M
Net Tangible Assets	3.9M	4.2M	7.5M	1.2M	1.4M	1.3M
Property Plant Equipment	3.2M	3.3M	3.5M	3.6M	4.2M	3.5M
Short Term Investments	19.6K	773.3K	4.0M	19.6K	22.5K	21.4K
Net Invested Capital	4.2M	7.5M	2.7M	1.2M	3.7M	3.3M
Net Working Capital	949.0K	4.2M	(1.0M)	(2.4M)	29.2K	27.7K

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