Till Average Payables vs Free Cash Flow Yield Analysis

TIL Stock  CAD 1.08  0.06  5.26%   
Till Capital financial indicator trend analysis is much more than just breaking down Till Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Till Capital is a good investment. Please check the relationship between Till Capital Average Payables and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Till Capital. 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.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Till Capital Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Till Capital's Average Payables and Free Cash Flow Yield is -0.17. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Till Capital, assuming nothing else is changed. The correlation between historical values of Till Capital's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Till Capital are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Till Capital's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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.
Most indicators from Till Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Till Capital 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 Till Capital. 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, Till Capital's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 1.67 in 2024, despite the fact that Tax Provision is likely to grow to (189.5 K).
 2021 2022 2023 2024 (projected)
Interest Income5.070.1K93.0K68.7K
Reconciled Depreciation3.4K4.9K3.1K3.0K

Till Capital fundamental ratios Correlations

0.23-0.240.160.190.10.130.470.140.16-0.450.14-0.030.63-0.25-0.130.170.080.20.250.38-0.140.4-0.070.05-0.2
0.23-0.17-0.120.830.930.990.82-0.68-0.15-0.480.86-0.63-0.41-0.57-0.181.0-0.180.970.960.26-0.46-0.37-0.160.34-0.38
-0.24-0.17-0.83-0.06-0.04-0.12-0.13-0.05-0.84-0.02-0.20.050.2-0.14-0.56-0.13-0.53-0.19-0.19-0.19-0.51-0.31-0.450.21-0.28
0.16-0.12-0.830.07-0.06-0.15-0.290.211.00.390.11-0.18-0.240.50.61-0.130.45-0.19-0.090.050.740.150.510.140.18
0.190.83-0.060.070.940.840.51-0.620.03-0.220.95-0.92-0.55-0.28-0.080.85-0.150.690.770.24-0.27-0.55-0.010.74-0.42
0.10.93-0.04-0.060.940.950.6-0.78-0.11-0.330.94-0.85-0.57-0.36-0.060.95-0.290.820.850.17-0.34-0.63-0.170.62-0.51
0.130.99-0.12-0.150.840.950.78-0.71-0.18-0.420.86-0.65-0.48-0.53-0.191.0-0.240.960.960.22-0.45-0.48-0.190.38-0.41
0.470.82-0.13-0.290.510.60.78-0.37-0.3-0.750.59-0.260.03-0.81-0.410.790.060.880.840.39-0.68-0.01-0.110.0-0.09
0.14-0.68-0.050.21-0.62-0.78-0.71-0.370.270.48-0.70.680.530.19-0.29-0.70.33-0.58-0.5-0.130.20.590.32-0.340.48
0.16-0.15-0.841.00.03-0.11-0.18-0.30.270.410.07-0.13-0.210.490.58-0.170.47-0.2-0.10.050.730.20.520.10.22
-0.45-0.48-0.020.39-0.22-0.33-0.42-0.750.480.41-0.380.17-0.240.660.06-0.44-0.18-0.49-0.37-0.380.58-0.130.080.16-0.03
0.140.86-0.20.110.950.940.860.59-0.70.07-0.38-0.91-0.61-0.360.060.870.050.740.780.26-0.27-0.490.140.61-0.25
-0.03-0.630.05-0.18-0.92-0.85-0.65-0.260.68-0.130.17-0.910.650.07-0.19-0.660.05-0.44-0.52-0.150.080.63-0.12-0.810.35
0.63-0.410.2-0.24-0.55-0.57-0.480.030.53-0.21-0.24-0.610.65-0.15-0.3-0.46-0.06-0.34-0.350.01-0.180.62-0.25-0.440.04
-0.25-0.57-0.140.5-0.28-0.36-0.53-0.810.190.490.66-0.360.07-0.150.57-0.54-0.06-0.65-0.590.080.92-0.080.00.19-0.2
-0.13-0.18-0.560.61-0.08-0.06-0.19-0.41-0.290.580.060.06-0.19-0.30.57-0.180.27-0.26-0.340.040.740.060.3-0.070.05
0.171.0-0.13-0.130.850.951.00.79-0.7-0.17-0.440.87-0.66-0.46-0.54-0.18-0.230.960.960.23-0.45-0.46-0.180.39-0.41
0.08-0.18-0.530.45-0.15-0.29-0.240.060.330.47-0.180.050.05-0.06-0.060.27-0.23-0.14-0.160.30.160.510.81-0.270.84
0.20.97-0.19-0.190.690.820.960.88-0.58-0.2-0.490.74-0.44-0.34-0.65-0.260.96-0.140.960.25-0.52-0.28-0.170.14-0.27
0.250.96-0.19-0.090.770.850.960.84-0.5-0.1-0.370.78-0.52-0.35-0.59-0.340.96-0.160.960.25-0.48-0.35-0.160.33-0.33
0.380.26-0.190.050.240.170.220.39-0.130.05-0.380.26-0.150.010.080.040.230.30.250.250.110.19-0.060.1-0.11
-0.14-0.46-0.510.74-0.27-0.34-0.45-0.680.20.730.58-0.270.08-0.180.920.74-0.450.16-0.52-0.480.110.10.210.03-0.05
0.4-0.37-0.310.15-0.55-0.63-0.48-0.010.590.2-0.13-0.490.630.62-0.080.06-0.460.51-0.28-0.350.190.10.32-0.730.54
-0.07-0.16-0.450.51-0.01-0.17-0.19-0.110.320.520.080.14-0.12-0.250.00.3-0.180.81-0.17-0.16-0.060.210.32-0.070.7
0.050.340.210.140.740.620.380.0-0.340.10.160.61-0.81-0.440.19-0.070.39-0.270.140.330.10.03-0.73-0.07-0.53
-0.2-0.38-0.280.18-0.42-0.51-0.41-0.090.480.22-0.03-0.250.350.04-0.20.05-0.410.84-0.27-0.33-0.11-0.050.540.7-0.53
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Till Capital Account Relationship Matchups

Till Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.9M62.1M70.9M64.9M16.4M15.6M
Other Current Liab(161.4K)(132.9K)(43.2K)(549.4K)(71.8K)(75.4K)
Total Current Liabilities161.4K132.9K43.2K549.4K71.8K68.2K
Total Stockholder Equity20.6M19.4M25.2M17.6M15.3M20.4M
Net Debt(4.9M)(1.8M)600.6K(162.9K)(11.3M)(10.7M)
Retained Earnings(18.9M)(20.4M)(15.6M)(19.8M)(24.3M)(25.6M)
Accounts Payable161.4K132.9K43.2K44.4K71.8K68.2K
Cash4.9M1.8M611.4K667.9K11.3M11.9M
Non Current Assets Total1.6M3.0M13.0M5.9M1.8M1.7M
Non Currrent Assets Other(1.6M)(3.0M)(13.0M)(5.9M)(1.8M)(1.8M)
Other Assets56.0M57.3M46.4M54.8M1.0M991.9K
Cash And Short Term Investments4.9M1.8M11.5M4.2M12.8M8.6M
Net Receivables402.6K7.6K3.2K1.6K858.3K815.4K
Liabilities And Stockholders Equity62.9M62.1M70.9M64.9M16.4M15.6M
Total Liab161.4K132.9K45.6M549.4K71.8K68.2K
Total Current Assets5.3M1.8M11.5M4.2M13.6M8.7M
Accumulated Other Comprehensive Income(1.2M)(829.3K)(181.2K)(3.6M)(1.4M)(1.5M)
Other Liab43.8K7.5M43.7K1.6M1.4M1.4M
Net Tangible Assets20.3M20.6M19.4M25.2M22.6M19.5M
Long Term Investments1.6M3.0M13.0M5.9M1.8M1.7M
Property Plant Equipment550.6K504.4K382.8K298.8K268.9K255.4K
Other Current Assets15.0M55.2M56.7M56.7M65.2M38.8M
Net Invested Capital20.6M19.4M26.4M18.1M15.3M16.3M

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