Tarku Total Assets vs Net Receivables Analysis

TKU Stock  CAD 0.01  0.00  0.00%   
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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tarku Resources Total Assets account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Tarku Resources' Total Assets and Net Receivables is 0.07. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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' Total Assets and Net Receivables 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 Assets of Tarku Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Tarku Resources' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

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

0.951.00.99-0.930.89-0.180.070.93-0.170.970.990.75-0.680.990.480.980.980.95-0.810.910.94-0.81-0.68-0.68
0.950.930.92-0.860.88-0.19-0.030.98-0.20.90.950.65-0.680.950.320.980.940.93-0.810.860.91-0.8-0.68-0.68
1.00.931.0-0.930.89-0.20.080.9-0.190.970.990.77-0.690.990.510.960.980.94-0.810.90.93-0.82-0.69-0.69
0.990.921.0-0.940.86-0.160.090.9-0.140.980.990.77-0.650.980.530.950.970.93-0.790.90.93-0.78-0.65-0.65
-0.93-0.86-0.93-0.94-0.780.25-0.09-0.840.23-0.98-0.94-0.740.49-0.93-0.49-0.88-0.93-0.820.85-0.92-0.920.740.490.49
0.890.880.890.86-0.78-0.45-0.080.8-0.440.840.880.74-0.790.920.360.90.920.88-0.840.790.84-0.96-0.79-0.79
-0.18-0.19-0.2-0.160.25-0.45-0.09-0.080.99-0.24-0.25-0.240.35-0.290.0-0.23-0.3-0.190.61-0.23-0.260.470.350.35
0.07-0.030.080.09-0.09-0.08-0.090.04-0.050.080.1-0.120.10.070.120.080.060.10.070.10.10.030.10.1
0.930.980.90.9-0.840.8-0.080.04-0.10.880.930.61-0.60.920.30.970.910.92-0.750.850.9-0.71-0.6-0.6
-0.17-0.2-0.19-0.140.23-0.440.99-0.05-0.1-0.21-0.25-0.210.34-0.29-0.01-0.23-0.28-0.190.63-0.21-0.250.460.340.34
0.970.90.970.98-0.980.84-0.240.080.88-0.210.980.8-0.640.970.520.920.960.87-0.840.90.91-0.76-0.64-0.64
0.990.950.990.99-0.940.88-0.250.10.93-0.250.980.75-0.660.990.480.970.980.94-0.850.910.94-0.8-0.66-0.66
0.750.650.770.77-0.740.74-0.24-0.120.61-0.210.80.75-0.60.750.630.680.730.61-0.70.720.7-0.68-0.6-0.6
-0.68-0.68-0.69-0.650.49-0.790.350.1-0.60.34-0.64-0.66-0.6-0.7-0.31-0.69-0.71-0.70.57-0.42-0.480.641.01.0
0.990.950.990.98-0.930.92-0.290.070.92-0.290.970.990.75-0.70.450.980.990.95-0.860.910.94-0.85-0.7-0.7
0.480.320.510.53-0.490.360.00.120.3-0.010.520.480.63-0.310.450.330.360.24-0.460.30.3-0.28-0.31-0.31
0.980.980.960.95-0.880.9-0.230.080.97-0.230.920.970.68-0.690.980.330.970.97-0.810.890.94-0.83-0.69-0.69
0.980.940.980.97-0.930.92-0.30.060.91-0.280.960.980.73-0.710.990.360.970.96-0.830.920.94-0.86-0.71-0.71
0.950.930.940.93-0.820.88-0.190.10.92-0.190.870.940.61-0.70.950.240.970.96-0.710.870.92-0.82-0.7-0.7
-0.81-0.81-0.81-0.790.85-0.840.610.07-0.750.63-0.84-0.85-0.70.57-0.86-0.46-0.81-0.83-0.71-0.78-0.810.790.570.57
0.910.860.90.9-0.920.79-0.230.10.85-0.210.90.910.72-0.420.910.30.890.920.87-0.780.99-0.81-0.42-0.42
0.940.910.930.93-0.920.84-0.260.10.9-0.250.910.940.7-0.480.940.30.940.940.92-0.810.99-0.84-0.48-0.48
-0.81-0.8-0.82-0.780.74-0.960.470.03-0.710.46-0.76-0.8-0.680.64-0.85-0.28-0.83-0.86-0.820.79-0.81-0.840.640.64
-0.68-0.68-0.69-0.650.49-0.790.350.1-0.60.34-0.64-0.66-0.61.0-0.7-0.31-0.69-0.71-0.70.57-0.42-0.480.641.0
-0.68-0.68-0.69-0.650.49-0.790.350.1-0.60.34-0.64-0.66-0.61.0-0.7-0.31-0.69-0.71-0.70.57-0.42-0.480.641.0
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Tarku Resources Account Relationship Matchups

Tarku Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0M1.9M3.7M3.8M4.3M4.5M
Total Current Liabilities134.9K175.7K599.7K555.7K639.1K671.0K
Total Stockholder Equity898.3K1.7M2.7M3.1M3.5M3.7M
Net Tangible Assets279.4K898.3K1.7M2.7M3.1M3.3M
Retained Earnings(4.6M)(7.2M)(8.6M)(10.0M)(9.0M)(8.5M)
Accounts Payable40.4K74.8K165.9K555.7K639.1K671.0K
Cash512.7K72.0K535.4K41.3K47.5K45.1K
Net Receivables31.1K30.1K36.7K29.3K26.4K23.6K
Total Liab134.9K175.7K989.2K701.2K806.4K846.7K
Total Current Assets670.1K132.1K584.9K83.1K95.6K90.8K
Common Stock4.1M5.1M7.8M10.0M11.4M12.0M
Property Plant Equipment455.0K363.1K1.7M3.1M3.6M3.7M
Non Current Assets Total363.1K1.7M3.1M3.7M4.2M4.4M
Other Current Liab2.9K4.6K60K303.7K349.3K366.8K
Common Stock Shares Outstanding28.1M57.6M86.3M111.7M128.5M134.9M
Net Invested Capital898.3K1.7M3.1M3.2M3.7M3.9M
Net Working Capital535.3K(43.6K)(14.8K)(472.6K)(425.3K)(404.0K)
Capital Stock5.1M7.8M10.0M11.4M13.2M7.7M

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