Triumph Price To Sales Ratio vs Days Sales Outstanding 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 Price To Sales Ratio and its Days Sales Outstanding 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.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Gold Corp Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.

The correlation between Triumph Gold's Price To Sales Ratio and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding 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 Price To Sales Ratio and Days Sales 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 Price To Sales Ratio of Triumph Gold Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Triumph Gold's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Triumph Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Triumph Gold sales, a figure that is much harder to manipulate than other Triumph Gold Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Triumph Stock Analysis

When running Triumph Gold's price analysis, check to measure Triumph Gold'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 Triumph Gold is operating at the current time. Most of Triumph Gold's value examination focuses on studying past and present price action to predict the probability of Triumph Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Gold's price. Additionally, you may evaluate how the addition of Triumph Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC