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