| 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 Cash and its Total Assets 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.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Till Capital Cash account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Till Capital's Cash and Total Assets is -0.45. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets 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 Cash and Total Assets 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 of Till Capital are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Till Capital's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.45 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Till Capital, which is listed under current asset account on Till Capital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Till Capital customers. The amounts must be unrestricted with restricted cash listed in a different Till Capital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Assets
Total assets refers to the total amount of Till Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Till Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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).
Till Capital fundamental ratios Correlations
Click cells to compare fundamentals
Till Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Till Capital fundamental ratios Accounts
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Additional Tools for Till Stock Analysis
When running Till Capital's price analysis, check to
measure Till Capital'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 Till Capital is operating at the current time. Most of Till Capital's value examination focuses on studying past and present price action to
predict the probability of Till Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Till Capital's price. Additionally, you may evaluate how the addition of Till Capital to your portfolios can decrease your overall portfolio volatility.