Tarku Net Debt vs Total Assets Analysis

TKU Stock

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

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tarku Resources Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Tarku Resources' Net Debt and Total Assets is -0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Tarku Resources, assuming nothing else is changed. The correlation between historical values of Tarku Resources' Net Debt 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 Net Debt of Tarku Resources 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 Net Debt i.e., Tarku Resources' Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

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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.

Total Assets

Total assets refers to the total amount of Tarku Resources 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 Tarku Resources 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 Tarku Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tarku 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 Tarku Resources. 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.

Issuance Of Capital Stock is likely to climb to about 1.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 542.3 K in 2024.

Tarku Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Other Current Liab	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Long Term Debt	Other Stockholder Equity	Net Debt
Total Assets		0.95	1.0	0.99	-0.93	0.89	-0.18	0.07	0.93	-0.17	0.97	0.99	0.75	-0.68	0.99	0.48	0.98	0.98	0.95	-0.81	0.91	0.94	-0.81	-0.68	-0.68
Total Current Liabilities	0.95		0.93	0.92	-0.86	0.88	-0.19	-0.03	0.98	-0.2	0.9	0.95	0.65	-0.68	0.95	0.32	0.98	0.94	0.93	-0.81	0.86	0.91	-0.8	-0.68	-0.68
Total Stockholder Equity	1.0	0.93		1.0	-0.93	0.89	-0.2	0.08	0.9	-0.19	0.97	0.99	0.77	-0.69	0.99	0.51	0.96	0.98	0.94	-0.81	0.9	0.93	-0.82	-0.69	-0.69
Net Tangible Assets	0.99	0.92	1.0		-0.94	0.86	-0.16	0.09	0.9	-0.14	0.98	0.99	0.77	-0.65	0.98	0.53	0.95	0.97	0.93	-0.79	0.9	0.93	-0.78	-0.65	-0.65
Retained Earnings	-0.93	-0.86	-0.93	-0.94		-0.78	0.25	-0.09	-0.84	0.23	-0.98	-0.94	-0.74	0.49	-0.93	-0.49	-0.88	-0.93	-0.82	0.85	-0.92	-0.92	0.74	0.49	0.49
Accounts Payable	0.89	0.88	0.89	0.86	-0.78		-0.45	-0.08	0.8	-0.44	0.84	0.88	0.74	-0.79	0.92	0.36	0.9	0.92	0.88	-0.84	0.79	0.84	-0.96	-0.79	-0.79
Cash	-0.18	-0.19	-0.2	-0.16	0.25	-0.45		-0.09	-0.08	0.99	-0.24	-0.25	-0.24	0.35	-0.29	0.0	-0.23	-0.3	-0.19	0.61	-0.23	-0.26	0.47	0.35	0.35
Net Receivables	0.07	-0.03	0.08	0.09	-0.09	-0.08	-0.09		0.04	-0.05	0.08	0.1	-0.12	0.1	0.07	0.12	0.08	0.06	0.1	0.07	0.1	0.1	0.03	0.1	0.1
Total Liab	0.93	0.98	0.9	0.9	-0.84	0.8	-0.08	0.04		-0.1	0.88	0.93	0.61	-0.6	0.92	0.3	0.97	0.91	0.92	-0.75	0.85	0.9	-0.71	-0.6	-0.6
Total Current Assets	-0.17	-0.2	-0.19	-0.14	0.23	-0.44	0.99	-0.05	-0.1		-0.21	-0.25	-0.21	0.34	-0.29	-0.01	-0.23	-0.28	-0.19	0.63	-0.21	-0.25	0.46	0.34	0.34
Common Stock	0.97	0.9	0.97	0.98	-0.98	0.84	-0.24	0.08	0.88	-0.21		0.98	0.8	-0.64	0.97	0.52	0.92	0.96	0.87	-0.84	0.9	0.91	-0.76	-0.64	-0.64
Property Plant Equipment	0.99	0.95	0.99	0.99	-0.94	0.88	-0.25	0.1	0.93	-0.25	0.98		0.75	-0.66	0.99	0.48	0.97	0.98	0.94	-0.85	0.91	0.94	-0.8	-0.66	-0.66
Short Long Term Debt	0.75	0.65	0.77	0.77	-0.74	0.74	-0.24	-0.12	0.61	-0.21	0.8	0.75		-0.6	0.75	0.63	0.68	0.73	0.61	-0.7	0.72	0.7	-0.68	-0.6	-0.6
Short Term Debt	-0.68	-0.68	-0.69	-0.65	0.49	-0.79	0.35	0.1	-0.6	0.34	-0.64	-0.66	-0.6		-0.7	-0.31	-0.69	-0.71	-0.7	0.57	-0.42	-0.48	0.64	1.0	1.0
Non Current Assets Total	0.99	0.95	0.99	0.98	-0.93	0.92	-0.29	0.07	0.92	-0.29	0.97	0.99	0.75	-0.7		0.45	0.98	0.99	0.95	-0.86	0.91	0.94	-0.85	-0.7	-0.7
Non Currrent Assets Other	0.48	0.32	0.51	0.53	-0.49	0.36	0.0	0.12	0.3	-0.01	0.52	0.48	0.63	-0.31	0.45		0.33	0.36	0.24	-0.46	0.3	0.3	-0.28	-0.31	-0.31
Other Current Liab	0.98	0.98	0.96	0.95	-0.88	0.9	-0.23	0.08	0.97	-0.23	0.92	0.97	0.68	-0.69	0.98	0.33		0.97	0.97	-0.81	0.89	0.94	-0.83	-0.69	-0.69
Common Stock Shares Outstanding	0.98	0.94	0.98	0.97	-0.93	0.92	-0.3	0.06	0.91	-0.28	0.96	0.98	0.73	-0.71	0.99	0.36	0.97		0.96	-0.83	0.92	0.94	-0.86	-0.71	-0.71
Net Invested Capital	0.95	0.93	0.94	0.93	-0.82	0.88	-0.19	0.1	0.92	-0.19	0.87	0.94	0.61	-0.7	0.95	0.24	0.97	0.96		-0.71	0.87	0.92	-0.82	-0.7	-0.7
Net Working Capital	-0.81	-0.81	-0.81	-0.79	0.85	-0.84	0.61	0.07	-0.75	0.63	-0.84	-0.85	-0.7	0.57	-0.86	-0.46	-0.81	-0.83	-0.71		-0.78	-0.81	0.79	0.57	0.57
Capital Stock	0.91	0.86	0.9	0.9	-0.92	0.79	-0.23	0.1	0.85	-0.21	0.9	0.91	0.72	-0.42	0.91	0.3	0.89	0.92	0.87	-0.78		0.99	-0.81	-0.42	-0.42
Property Plant And Equipment Net	0.94	0.91	0.93	0.93	-0.92	0.84	-0.26	0.1	0.9	-0.25	0.91	0.94	0.7	-0.48	0.94	0.3	0.94	0.94	0.92	-0.81	0.99		-0.84	-0.48	-0.48
Long Term Debt	-0.81	-0.8	-0.82	-0.78	0.74	-0.96	0.47	0.03	-0.71	0.46	-0.76	-0.8	-0.68	0.64	-0.85	-0.28	-0.83	-0.86	-0.82	0.79	-0.81	-0.84		0.64	0.64
Other Stockholder Equity	-0.68	-0.68	-0.69	-0.65	0.49	-0.79	0.35	0.1	-0.6	0.34	-0.64	-0.66	-0.6	1.0	-0.7	-0.31	-0.69	-0.71	-0.7	0.57	-0.42	-0.48	0.64		1.0
Net Debt	-0.68	-0.68	-0.69	-0.65	0.49	-0.79	0.35	0.1	-0.6	0.34	-0.64	-0.66	-0.6	1.0	-0.7	-0.31	-0.69	-0.71	-0.7	0.57	-0.42	-0.48	0.64	1.0

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Tarku Resources Account Relationship Matchups

Tarku Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0M	1.9M	3.7M	3.8M	4.3M	4.5M
Total Current Liabilities	134.9K	175.7K	599.7K	555.7K	639.1K	671.0K
Total Stockholder Equity	898.3K	1.7M	2.7M	3.1M	3.5M	3.7M
Net Tangible Assets	279.4K	898.3K	1.7M	2.7M	3.1M	3.3M
Retained Earnings	(4.6M)	(7.2M)	(8.6M)	(10.0M)	(9.0M)	(8.5M)
Accounts Payable	40.4K	74.8K	165.9K	555.7K	639.1K	671.0K
Cash	512.7K	72.0K	535.4K	41.3K	47.5K	45.1K
Net Receivables	31.1K	30.1K	36.7K	29.3K	26.4K	23.6K
Total Liab	134.9K	175.7K	989.2K	701.2K	806.4K	846.7K
Total Current Assets	670.1K	132.1K	584.9K	83.1K	95.6K	90.8K
Common Stock	4.1M	5.1M	7.8M	10.0M	11.4M	12.0M
Property Plant Equipment	455.0K	363.1K	1.7M	3.1M	3.6M	3.7M
Non Current Assets Total	363.1K	1.7M	3.1M	3.7M	4.2M	4.4M
Other Current Liab	2.9K	4.6K	60K	303.7K	349.3K	366.8K
Common Stock Shares Outstanding	28.1M	57.6M	86.3M	111.7M	128.5M	134.9M
Net Invested Capital	898.3K	1.7M	3.1M	3.2M	3.7M	3.9M
Net Working Capital	535.3K	(43.6K)	(14.8K)	(472.6K)	(425.3K)	(404.0K)
Capital Stock	5.1M	7.8M	10.0M	11.4M	13.2M	7.7M

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