Tinka Total Stockholder Equity vs Deferred Long Term Liab Analysis

TK Stock  CAD 0.08  0.01  11.11%   
Tinka Resources financial indicator trend analysis is much more than just breaking down Tinka Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tinka Resources is a good investment. Please check the relationship between Tinka Resources Total Stockholder Equity and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tinka Resources Limited. 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.

Total Stockholder Equity vs Deferred Long Term Liab

Total Stockholder Equity vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tinka Resources Total Stockholder Equity account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tinka Resources' Total Stockholder Equity and Deferred Long Term Liab is -0.5. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Tinka Resources Limited, assuming nothing else is changed. The correlation between historical values of Tinka Resources' Total Stockholder Equity and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Tinka Resources Limited are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Stockholder Equity i.e., Tinka Resources' Total Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Tinka Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tinka Resources 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 Tinka Resources Limited. 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 climb to about 1.9 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 8.2 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Income524.1K240.1K276.1K213.7K
Net Interest Income524.1K240.1K276.1K213.7K

Tinka Resources fundamental ratios Correlations

0.561.0-0.61-0.940.810.350.70.990.810.240.560.450.810.980.820.250.990.29-0.490.940.920.930.940.160.86
0.560.55-0.69-0.670.860.690.650.50.380.041.00.660.330.450.820.330.550.50.140.620.580.60.460.430.24
1.00.55-0.61-0.940.810.350.690.990.810.240.550.450.810.980.810.250.990.29-0.50.940.920.930.940.160.86
-0.61-0.69-0.610.63-0.68-0.91-0.98-0.53-0.31-0.09-0.69-0.78-0.42-0.48-0.64-0.57-0.57-0.390.02-0.61-0.59-0.54-0.52-0.58-0.31
-0.94-0.67-0.940.63-0.82-0.41-0.67-0.93-0.76-0.25-0.67-0.49-0.72-0.9-0.83-0.28-0.93-0.520.26-0.93-0.89-0.91-0.86-0.2-0.75
0.810.860.81-0.68-0.820.50.730.790.740.210.860.490.680.770.880.320.80.4-0.330.760.730.740.690.170.54
0.350.690.35-0.91-0.410.50.840.250.00.00.690.880.10.180.470.550.320.340.20.370.340.290.240.760.01
0.70.650.69-0.98-0.670.730.840.620.430.110.650.720.540.590.660.560.660.35-0.220.660.630.580.590.480.41
0.990.50.99-0.53-0.930.790.250.620.850.270.50.350.810.990.80.20.980.29-0.540.920.910.920.930.060.87
0.810.380.81-0.31-0.760.740.00.430.850.310.380.040.850.860.650.00.770.34-0.640.690.670.70.7-0.270.71
0.240.040.24-0.09-0.250.210.00.110.270.310.040.070.170.240.170.050.210.41-0.090.250.290.280.310.020.32
0.561.00.55-0.69-0.670.860.690.650.50.380.040.660.330.450.820.330.550.50.140.620.580.60.460.430.24
0.450.660.45-0.78-0.490.490.880.720.350.040.070.660.250.270.510.580.460.290.180.480.460.420.40.920.19
0.810.330.81-0.42-0.720.680.10.540.810.850.170.330.250.820.650.160.80.19-0.620.710.690.70.73-0.010.69
0.980.450.98-0.48-0.90.770.180.590.990.860.240.450.270.820.770.140.970.24-0.590.90.890.90.93-0.030.89
0.820.820.81-0.64-0.830.880.470.660.80.650.170.820.510.650.770.190.80.31-0.160.860.840.870.760.280.57
0.250.330.25-0.57-0.280.320.550.560.20.00.050.330.580.160.140.190.310.29-0.010.230.20.130.190.480.14
0.990.550.99-0.57-0.930.80.320.660.980.770.210.550.460.80.970.80.310.25-0.480.940.910.920.940.170.86
0.290.50.29-0.39-0.520.40.340.350.290.340.410.50.290.190.240.310.290.250.220.370.330.340.230.160.18
-0.490.14-0.50.020.26-0.330.2-0.22-0.54-0.64-0.090.140.18-0.62-0.59-0.16-0.01-0.480.22-0.23-0.23-0.23-0.390.4-0.49
0.940.620.94-0.61-0.930.760.370.660.920.690.250.620.480.710.90.860.230.940.37-0.230.990.990.960.250.86
0.920.580.92-0.59-0.890.730.340.630.910.670.290.580.460.690.890.840.20.910.33-0.230.990.990.970.250.88
0.930.60.93-0.54-0.910.740.290.580.920.70.280.60.420.70.90.870.130.920.34-0.230.990.990.960.210.86
0.940.460.94-0.52-0.860.690.240.590.930.70.310.460.40.730.930.760.190.940.23-0.390.960.970.960.190.94
0.160.430.16-0.58-0.20.170.760.480.06-0.270.020.430.92-0.01-0.030.280.480.170.160.40.250.250.210.19-0.01
0.860.240.86-0.31-0.750.540.010.410.870.710.320.240.190.690.890.570.140.860.18-0.490.860.880.860.94-0.01
Click cells to compare fundamentals

Tinka Resources Account Relationship Matchups

Tinka Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets67.1M77.9M76.5M75.0M86.3M90.6M
Total Current Liabilities596.2K652.6K656.9K437.7K503.3K304.7K
Total Stockholder Equity66.5M77.2M75.8M74.6M85.8M90.1M
Net Debt(12.8M)(4.0M)(9.6M)(7.5M)(6.7M)(6.4M)
Retained Earnings(34.1M)(35.1M)(36.5M)(37.7M)(34.0M)(32.3M)
Accounts Payable987.1K775.2K585.5K638.1K733.9K770.5K
Cash4.0M9.6M7.5M2.1M2.4M3.8M
Cash And Short Term Investments12.8M4.0M9.6M7.5M8.6M9.0M
Common Stock Shares Outstanding318.6M340.7M357.8M391.3M450.0M472.5M
Liabilities And Stockholders Equity69.3M67.1M77.9M76.5M87.9M92.3M
Other Current Assets87.9K121.0K84.8K135.8K156.2K164.0K
Other Stockholder Equity6.1M7.1M7.2M7.8M8.9M6.5M
Total Liab596.2K652.6K656.9K437.7K503.3K304.7K
Total Current Assets11.8M18.0M7.6M2.2M2.5M4.8M
Property Plant And Equipment Net55.3M59.9M55.4K72.8M83.7M87.9M
Non Current Assets Total55.3M59.9M68.9M72.8M83.7M87.9M
Other Current Liab781.0K596.2K652.6K656.9K755.4K503.3K
Net Receivables62.4K17.0K13.0K16.0K18.4K18.7K
Accumulated Other Comprehensive Income7.1M7.2M7.8M7.8M9.0M5.4M
Net Tangible Assets51.8M68.5M66.5M77.2M88.8M51.3M
Property Plant Equipment45.8M48.4M55.3M59.9M68.9M40.6M
Net Invested Capital66.5M77.2M75.8M74.6M85.8M69.0M
Net Working Capital11.2M17.3M6.9M1.8M1.6M1.5M
Property Plant And Equipment Gross55.5M60.2M69.0M73.0M83.9M64.6M

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 Tinka Stock Analysis

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