Taseko Net Receivables vs Net Debt Analysis

TKO Stock

CAD 2.80 0.07 2.44%

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

To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taseko Mines Net Receivables account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Taseko Mines' Net Receivables and Net Debt is -0.3. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Taseko Mines, assuming nothing else is changed. The correlation between historical values of Taseko Mines' Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Taseko Mines are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Taseko Mines' Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Taseko Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taseko Mines 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 Taseko Mines. 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.

To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.At this time, Taseko Mines' Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 1.1 B, while Selling General Administrative is likely to drop about 14.7 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	20.9M	15.0M	19.4M	15.1M
Other Operating Expenses	290.4M	352.4M	398.0M	417.9M

Total Operating Expenses Other Operating Expenses

Taseko Mines fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Retained Earnings	Short Term Debt	Inventory	Current Deferred Revenue	Short Term Investments	Intangible Assets
Common Stock Shares Outstanding		0.91	0.92	0.79	0.48	0.89	0.78	0.57	0.31	0.89	-0.04	0.31	-0.07	0.91	0.0	-0.03	0.91	0.8	0.4	0.59	-0.52	0.3	0.77	-0.05	-0.55	-0.41
Total Assets	0.91		0.92	0.9	0.52	0.94	0.78	0.54	0.3	0.96	0.1	0.3	0.09	0.97	0.1	0.05	0.97	0.89	0.44	0.73	-0.26	0.31	0.85	-0.06	-0.44	-0.64
Short Long Term Debt Total	0.92	0.92		0.85	0.24	0.95	0.92	0.34	0.16	0.93	-0.21	0.16	-0.21	0.98	-0.12	-0.14	0.98	0.96	0.26	0.72	-0.58	0.27	0.94	0.23	-0.49	-0.62
Total Current Liabilities	0.79	0.9	0.85		0.39	0.86	0.75	0.35	0.2	0.87	-0.03	0.21	0.21	0.86	-0.02	-0.09	0.89	0.86	0.37	0.88	-0.24	0.44	0.85	0.06	-0.32	-0.64
Total Stockholder Equity	0.48	0.52	0.24	0.39		0.3	0.02	0.84	0.56	0.39	0.53	0.57	0.6	0.32	0.45	0.33	0.33	0.14	0.71	0.16	0.34	0.35	0.07	-0.58	-0.18	0.14
Property Plant And Equipment Net	0.89	0.94	0.95	0.86	0.3		0.94	0.35	-0.01	0.99	-0.15	-0.01	-0.1	0.97	-0.2	-0.22	0.97	0.92	0.13	0.73	-0.49	0.31	0.9	0.05	-0.46	-0.68
Net Debt	0.78	0.78	0.92	0.75	0.02	0.94		0.11	-0.24	0.9	-0.39	-0.24	-0.3	0.89	-0.42	-0.43	0.88	0.89	-0.12	0.68	-0.69	0.27	0.89	0.24	-0.45	-0.63
Accounts Payable	0.57	0.54	0.34	0.35	0.84	0.35	0.11		0.56	0.42	0.26	0.58	0.3	0.38	0.36	0.26	0.38	0.22	0.63	0.03	0.12	0.27	0.16	-0.44	-0.15	0.09
Cash	0.31	0.3	0.16	0.2	0.56	-0.01	-0.24	0.56		0.04	0.45	1.0	0.22	0.18	0.75	0.69	0.19	0.13	0.95	0.05	0.27	0.02	0.08	-0.02	-0.11	0.11
Non Current Assets Total	0.89	0.96	0.93	0.87	0.39	0.99	0.9	0.42	0.04		-0.05	0.04	-0.02	0.97	-0.13	-0.17	0.97	0.9	0.18	0.71	-0.39	0.34	0.86	-0.05	-0.43	-0.67
Non Currrent Assets Other	-0.04	0.1	-0.21	-0.03	0.53	-0.15	-0.39	0.26	0.45	-0.05		0.44	0.56	-0.09	0.76	0.77	-0.08	-0.25	0.48	-0.12	0.65	0.13	-0.26	-0.67	-0.24	0.01
Cash And Short Term Investments	0.31	0.3	0.16	0.21	0.57	-0.01	-0.24	0.58	1.0	0.04	0.44		0.24	0.18	0.73	0.67	0.19	0.13	0.95	0.06	0.29	0.02	0.07	-0.03	-0.06	0.11
Net Receivables	-0.07	0.09	-0.21	0.21	0.6	-0.1	-0.3	0.3	0.22	-0.02	0.56	0.24		-0.14	0.34	0.25	-0.09	-0.2	0.4	0.25	0.69	0.06	-0.21	-0.59	0.13	0.11
Non Current Liabilities Total	0.91	0.97	0.98	0.86	0.32	0.97	0.89	0.38	0.18	0.97	-0.09	0.18	-0.14		-0.03	-0.06	1.0	0.96	0.3	0.74	-0.45	0.24	0.93	0.13	-0.47	-0.69
Other Current Assets	0.0	0.1	-0.12	-0.02	0.45	-0.2	-0.42	0.36	0.75	-0.13	0.76	0.73	0.34	-0.03		0.98	-0.03	-0.12	0.75	-0.08	0.52	-0.09	-0.14	-0.21	-0.22	0.03
Other Stockholder Equity	-0.03	0.05	-0.14	-0.09	0.33	-0.22	-0.43	0.26	0.69	-0.17	0.77	0.67	0.25	-0.06	0.98		-0.06	-0.15	0.65	-0.13	0.48	-0.14	-0.15	-0.21	-0.25	-0.03
Total Liab	0.91	0.97	0.98	0.89	0.33	0.97	0.88	0.38	0.19	0.97	-0.08	0.19	-0.09	1.0	-0.03	-0.06		0.96	0.31	0.77	-0.43	0.27	0.94	0.13	-0.46	-0.69
Property Plant And Equipment Gross	0.8	0.89	0.96	0.86	0.14	0.92	0.89	0.22	0.13	0.9	-0.25	0.13	-0.2	0.96	-0.12	-0.15	0.96		0.23	0.8	-0.48	0.19	0.97	0.37	-0.36	-0.73
Total Current Assets	0.4	0.44	0.26	0.37	0.71	0.13	-0.12	0.63	0.95	0.18	0.48	0.95	0.4	0.3	0.75	0.65	0.31	0.23		0.24	0.3	0.08	0.19	-0.09	-0.17	0.05
Other Current Liab	0.59	0.73	0.72	0.88	0.16	0.73	0.68	0.03	0.05	0.71	-0.12	0.06	0.25	0.74	-0.08	-0.13	0.77	0.8	0.24		-0.2	0.08	0.82	0.23	-0.2	-0.68
Retained Earnings	-0.52	-0.26	-0.58	-0.24	0.34	-0.49	-0.69	0.12	0.27	-0.39	0.65	0.29	0.69	-0.45	0.52	0.48	-0.43	-0.48	0.3	-0.2		-0.07	-0.52	-0.47	0.47	0.12
Short Term Debt	0.3	0.31	0.27	0.44	0.35	0.31	0.27	0.27	0.02	0.34	0.13	0.02	0.06	0.24	-0.09	-0.14	0.27	0.19	0.08	0.08	-0.07		0.16	-0.26	-0.27	-0.02
Inventory	0.77	0.85	0.94	0.85	0.07	0.9	0.89	0.16	0.08	0.86	-0.26	0.07	-0.21	0.93	-0.14	-0.15	0.94	0.97	0.19	0.82	-0.52	0.16		0.36	-0.39	-0.76
Current Deferred Revenue	-0.05	-0.06	0.23	0.06	-0.58	0.05	0.24	-0.44	-0.02	-0.05	-0.67	-0.03	-0.59	0.13	-0.21	-0.21	0.13	0.37	-0.09	0.23	-0.47	-0.26	0.36		0.09	-0.16
Short Term Investments	-0.55	-0.44	-0.49	-0.32	-0.18	-0.46	-0.45	-0.15	-0.11	-0.43	-0.24	-0.06	0.13	-0.47	-0.22	-0.25	-0.46	-0.36	-0.17	-0.2	0.47	-0.27	-0.39	0.09		0.19
Intangible Assets	-0.41	-0.64	-0.62	-0.64	0.14	-0.68	-0.63	0.09	0.11	-0.67	0.01	0.11	0.11	-0.69	0.03	-0.03	-0.69	-0.73	0.05	-0.68	0.12	-0.02	-0.76	-0.16	0.19

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Taseko Mines Account Relationship Matchups

Taseko Mines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	243.9M	250.5M	287.5M	286.2M	291.0M	305.5M
Total Assets	884.0M	910.4M	1.2B	1.3B	1.6B	1.6B
Short Long Term Debt Total	373.5M	363.4M	533.1M	587.5M	637.9M	669.8M
Total Current Liabilities	67.3M	78.5M	103.5M	112.6M	141.2M	148.2M
Total Stockholder Equity	301.7M	317.4M	358.5M	356.4M	434.1M	257.1M
Property Plant And Equipment Net	758.0M	742.6M	837.8M	1.0B	1.3B	1.4B
Net Debt	320.3M	278.3M	296.3M	466.6M	541.4M	568.5M
Accounts Payable	24.2M	32.8M	30.1M	31.7M	28.6M	23.7M
Cash	53.2M	85.1M	236.8M	120.9M	96.5M	73.4M
Non Current Assets Total	770.1M	753.2M	846.0M	1.0B	1.3B	1.4B
Non Currrent Assets Other	4.4M	4.1M	1.7M	1.8M	17.6M	34.3M
Cash And Short Term Investments	53.9M	86.9M	239.9M	123.4M	97.8M	77.5M
Net Receivables	13.8M	6.7M	9.6M	13.2M	16.5M	17.8M
Liabilities And Stockholders Equity	884.0M	910.4M	1.2B	1.3B	1.6B	1.6B
Non Current Liabilities Total	515.0M	514.5M	721.2M	809.6M	991.0M	1.0B
Other Current Assets	2.5M	4.8M	7.9M	11.4M	12.2M	7.5M
Other Stockholder Equity	51.6M	53.4M	55.4M	55.8M	54.8M	95.5M
Total Liab	582.3M	593.0M	824.7M	922.3M	1.1B	1.2B
Property Plant And Equipment Gross	758.0M	742.6M	1.5B	1.7B	2.0B	2.1B
Total Current Assets	113.9M	157.2M	337.2M	240.9M	249.5M	137.0M
Accumulated Other Comprehensive Income	6.8M	7.7M	6.6M	26.8M	16.6M	12.4M
Other Current Liab	22.1M	22.5M	41.6M	50.4M	74.6M	78.4M
Retained Earnings	(193.1M)	(216.6M)	(180.1M)	(206.1M)	(123.4M)	(129.5M)
Short Term Debt	16.5M	17.6M	18.3M	18.4M	27.7M	16.2M
Inventory	43.6M	58.8M	79.9M	92.8M	122.9M	129.1M
Current Deferred Revenue	4.6M	5.6M	13.4M	12.1M	10.3M	5.7M
Short Term Investments	730K	1.8M	3.1M	2.6M	1.3M	1.3M
Common Stock Total Equity	422.1M	423.4M	436.3M	472.9M	543.8M	458.2M
Common Stock	436.3M	472.9M	476.6M	479.9M	486.1M	475.9M
Other Liab	158.0M	168.7M	207.8M	241.5M	277.7M	220.5M
Net Tangible Assets	296.3M	312.1M	353.3M	350.8M	315.7M	284.6M
Other Assets	4.4M	4.1M	1.7M	1.8M	1.6M	1.5M
Long Term Debt	336.5M	326.5M	503.4M	558.7M	603.3M	411.7M
Long Term Investments	5.5M	4.0M	1.6M	1.2M	1.1M	1.0M
Short Long Term Debt	6.6M	7.5M	6.5M	8.5M	11.1M	10.5M
Property Plant Equipment	758.0M	742.6M	837.8M	1.0B	1.2B	878.2M
Good Will	5.4M	5.3M	5.2M	5.6M	5.5M	5.9M
Long Term Debt Total	357.0M	345.8M	514.8M	569.1M	654.4M	430.2M
Capital Surpluse	51.6M	53.4M	55.4M	55.8M	64.2M	55.2M

Pair Trading with Taseko Mines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Taseko Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Taseko Mines will appreciate offsetting losses from the drop in the long position's value.

Moving together with Taseko Stock

0.67

ORE

Orezone Gold Corp

Pair Corr

Moving against Taseko Stock

0.33

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Taseko Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taseko Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Taseko Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Taseko Mines to buy it.

The correlation of Taseko Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Taseko Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taseko Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Taseko Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:

How To Invest In Taseko

Details

Is Taseko Stock a good investment?

Details

What is Taseko Mines' Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. 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.

To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Taseko Net Receivables vs Net Debt Analysis

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Net Debt

Taseko Mines fundamental ratios Correlations

Taseko Mines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Taseko Mines fundamental ratios Accounts

Pair Trading with Taseko Mines

Moving together with Taseko Stock

Moving against Taseko Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Other Stockholder Equity	+ 0.98	Other Current Assets

Intangible Assets	- 0.76	Inventory
Intangible Assets	- 0.73	Property Plant And Equipment Gross
Intangible Assets	- 0.69	Total Liab
Intangible Assets	- 0.69	Non Current Liabilities Total
Retained Earnings	- 0.69	Net Debt
Intangible Assets	- 0.68	Other Current Liab