Troilus Ptb Ratio vs Free Cash Flow Yield Analysis

TLG Stock

CAD 0.32 0.01 3.03%

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

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Troilus Gold Corp Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Troilus Gold's Ptb Ratio and Free Cash Flow Yield is -0.11. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Troilus Gold Corp, assuming nothing else is changed. The correlation between historical values of Troilus Gold's Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Troilus Gold Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Troilus Gold's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Troilus Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Troilus Gold Corp 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 Troilus Gold Corp. 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.

As of the 28th of November 2024, Selling General Administrative is likely to grow to about 25.9 M, while Issuance Of Capital Stock is likely to drop about 10.9 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.4M	1.5M	1.8M	952.9K
Cost Of Revenue	305.0K	1.5M	1.8M	1.8M

Reconciled Depreciation Cost Of Revenue

Troilus Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Other Stockholder Equity	Other Current Assets	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets
Total Assets		0.78	0.94	0.76	-0.72	-0.55	0.38	0.76	0.88	0.94	0.68	0.42	0.75	0.82	0.81	0.76	1.0	0.66	0.79	0.89	0.73	0.47	0.4	0.82	0.8	0.92
Total Current Liabilities	0.78		0.76	0.72	-0.46	-0.78	0.74	0.5	0.73	0.63	0.78	0.55	0.79	0.57	0.87	0.78	0.77	0.76	0.97	0.79	0.71	0.33	0.12	0.87	0.79	0.78
Total Stockholder Equity	0.94	0.76		0.85	-0.58	-0.67	0.28	0.63	0.81	0.85	0.71	0.52	0.81	0.63	0.78	0.83	0.93	0.78	0.69	0.84	0.69	0.58	0.15	0.84	0.82	0.95
Property Plant And Equipment Net	0.76	0.72	0.85		-0.22	-0.7	0.17	0.29	0.78	0.56	0.85	0.39	0.9	0.3	0.5	0.93	0.73	0.82	0.63	0.86	0.81	0.71	-0.05	0.75	0.89	0.71
Net Debt	-0.72	-0.46	-0.58	-0.22		0.04	-0.5	-1.0	-0.55	-0.89	-0.01	-0.16	-0.1	-0.9	-0.75	-0.16	-0.74	-0.08	-0.53	-0.42	-0.24	0.24	-0.44	-0.46	-0.23	-0.77
Retained Earnings	-0.55	-0.78	-0.67	-0.7	0.04		-0.39	-0.09	-0.4	-0.35	-0.84	-0.81	-0.85	-0.13	-0.53	-0.83	-0.55	-0.96	-0.68	-0.57	-0.45	-0.64	0.32	-0.8	-0.72	-0.56
Accounts Payable	0.38	0.74	0.28	0.17	-0.5	-0.39		0.5	0.29	0.38	0.25	0.27	0.21	0.5	0.72	0.24	0.39	0.26	0.79	0.32	0.26	-0.29	0.05	0.45	0.2	0.44
Cash	0.76	0.5	0.63	0.29	-1.0	-0.09	0.5		0.59	0.92	0.08	0.19	0.17	0.91	0.76	0.22	0.78	0.14	0.57	0.48	0.29	-0.17	0.44	0.5	0.3	0.8
Non Current Assets Total	0.88	0.73	0.81	0.78	-0.55	-0.4	0.29	0.59		0.75	0.69	0.18	0.73	0.69	0.69	0.75	0.85	0.5	0.73	0.95	0.91	0.43	0.5	0.74	0.85	0.78
Cash And Short Term Investments	0.94	0.63	0.85	0.56	-0.89	-0.35	0.38	0.92	0.75		0.4	0.35	0.5	0.9	0.8	0.53	0.96	0.45	0.66	0.71	0.51	0.23	0.42	0.69	0.57	0.92
Net Receivables	0.68	0.78	0.71	0.85	-0.01	-0.84	0.25	0.08	0.69	0.4		0.51	0.98	0.26	0.49	0.93	0.65	0.89	0.73	0.85	0.81	0.82	0.06	0.77	0.91	0.54
Common Stock Total Equity	0.42	0.55	0.52	0.39	-0.16	-0.81	0.27	0.19	0.18	0.35	0.51		0.55	0.1	0.44	0.54	0.45	0.74	0.48	0.24	0.07	0.37	-0.29	0.75	0.46	0.5
Common Stock Shares Outstanding	0.75	0.79	0.81	0.9	-0.1	-0.85	0.21	0.17	0.73	0.5	0.98	0.55		0.31	0.54	0.96	0.73	0.93	0.71	0.86	0.8	0.84	0.04	0.82	0.94	0.64
Non Current Liabilities Total	0.82	0.57	0.63	0.3	-0.9	-0.13	0.5	0.91	0.69	0.9	0.26	0.1	0.31		0.79	0.3	0.83	0.19	0.66	0.63	0.48	0.0	0.66	0.51	0.43	0.75
Total Liab	0.81	0.87	0.78	0.5	-0.75	-0.53	0.72	0.76	0.69	0.8	0.49	0.44	0.54	0.79		0.57	0.82	0.52	0.84	0.67	0.56	0.09	0.27	0.78	0.61	0.89
Property Plant And Equipment Gross	0.76	0.78	0.83	0.93	-0.16	-0.83	0.24	0.22	0.75	0.53	0.93	0.54	0.96	0.3	0.57		0.73	0.9	0.7	0.85	0.82	0.77	-0.07	0.85	0.91	0.68
Total Current Assets	1.0	0.77	0.93	0.73	-0.74	-0.55	0.39	0.78	0.85	0.96	0.65	0.45	0.73	0.83	0.82	0.73		0.66	0.78	0.86	0.69	0.45	0.38	0.82	0.77	0.93
Common Stock	0.66	0.76	0.78	0.82	-0.08	-0.96	0.26	0.14	0.5	0.45	0.89	0.74	0.93	0.19	0.52	0.9	0.66		0.65	0.67	0.55	0.78	-0.23	0.8	0.8	0.63
Other Current Liab	0.79	0.97	0.69	0.63	-0.53	-0.68	0.79	0.57	0.73	0.66	0.73	0.48	0.71	0.66	0.84	0.7	0.78	0.65		0.79	0.7	0.25	0.25	0.83	0.72	0.73
Other Stockholder Equity	0.89	0.79	0.84	0.86	-0.42	-0.57	0.32	0.48	0.95	0.71	0.85	0.24	0.86	0.63	0.67	0.85	0.86	0.67	0.79		0.94	0.61	0.4	0.76	0.9	0.75
Other Current Assets	0.73	0.71	0.69	0.81	-0.24	-0.45	0.26	0.29	0.91	0.51	0.81	0.07	0.8	0.48	0.56	0.82	0.69	0.55	0.7	0.94		0.56	0.36	0.66	0.87	0.58
Short Term Investments	0.47	0.33	0.58	0.71	0.24	-0.64	-0.29	-0.17	0.43	0.23	0.82	0.37	0.84	0.0	0.09	0.77	0.45	0.78	0.25	0.61	0.56		-0.04	0.47	0.71	0.3
Non Currrent Assets Other	0.4	0.12	0.15	-0.05	-0.44	0.32	0.05	0.44	0.5	0.42	0.06	-0.29	0.04	0.66	0.27	-0.07	0.38	-0.23	0.25	0.4	0.36	-0.04		0.06	0.2	0.21
Short Long Term Debt Total	0.82	0.87	0.84	0.75	-0.46	-0.8	0.45	0.5	0.74	0.69	0.77	0.75	0.82	0.51	0.78	0.85	0.82	0.8	0.83	0.76	0.66	0.47	0.06		0.83	0.83
Short Term Debt	0.8	0.79	0.82	0.89	-0.23	-0.72	0.2	0.3	0.85	0.57	0.91	0.46	0.94	0.43	0.61	0.91	0.77	0.8	0.72	0.9	0.87	0.71	0.2	0.83		0.7
Net Tangible Assets	0.92	0.78	0.95	0.71	-0.77	-0.56	0.44	0.8	0.78	0.92	0.54	0.5	0.64	0.75	0.89	0.68	0.93	0.63	0.73	0.75	0.58	0.3	0.21	0.83	0.7

Click cells to compare fundamentals

Troilus Gold Account Relationship Matchups

Troilus Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.0M	66.1M	30.7M	36.8M	42.4M	44.5M
Total Current Liabilities	3.1M	7.1M	9.0M	4.0M	4.6M	4.8M
Total Stockholder Equity	32.3M	46.9M	17.9M	29.9M	34.4M	36.1M
Property Plant And Equipment Net	5.4M	5.8M	5.9M	5.5M	6.3M	9.5M
Net Debt	(28.8M)	(52.2M)	(8.2M)	(2.8M)	(2.5M)	(2.7M)
Retained Earnings	(65.7M)	(133.9M)	(167.1M)	(166.7M)	(150.1M)	(142.6M)
Accounts Payable	2.4K	6.5M	8.2M	3.2K	3.6K	3.5K
Cash	29.9M	53.5M	9.5M	3.9M	4.5M	7.6M
Non Current Assets Total	7.3M	6.7M	6.7M	6.4M	5.7M	6.7M
Cash And Short Term Investments	29.9M	53.6M	10.0M	17.9M	20.6M	21.6M
Net Receivables	2.3M	5.4M	13.1M	11.9M	13.7M	14.4M
Common Stock Shares Outstanding	79.4M	133.7M	198.3M	219.5M	252.4M	265.1M
Liabilities And Stockholders Equity	40.0M	66.1M	30.7M	36.8M	42.4M	44.5M
Non Current Liabilities Total	4.6M	12.1M	3.7M	3.0M	3.4M	3.3M
Total Liab	7.6M	19.2M	12.8M	6.9M	8.0M	4.0M
Property Plant And Equipment Gross	5.4M	8.0M	9.5M	10.3M	11.8M	10.1M
Total Current Assets	32.6M	59.5M	24.0M	30.5M	35.0M	36.8M
Common Stock	87.2M	166.1M	169.5M	184.0M	211.6M	222.2M
Other Current Liab	2.6M	6.6M	8.3M	3.3M	3.8M	4.0M
Other Stockholder Equity	7.0M	10.8M	14.7M	15.6M	14.0M	18.6M
Other Current Assets	455.8K	514.9K	852.3K	666.2K	766.2K	804.5K
Accumulated Other Comprehensive Income	10.8M	14.7M	15.6M	12.6M	14.5M	15.2M
Short Long Term Debt Total	1.1M	1.2M	1.3M	1.1M	1.2M	795.3K
Short Term Debt	501.5K	518.7K	702.6K	688.4K	791.6K	831.2K
Long Term Debt Total	587.8K	712K	554.2K	384.3K	441.9K	333.4K
Net Tangible Assets	7.4M	32.3M	46.9M	17.9M	20.6M	22.2M
Other Liab	3.6M	4.0M	11.4M	3.2M	2.9M	4.7M
Current Deferred Revenue	(2.4K)	(6.5K)	(8.2K)	(3.2K)	(3.6K)	(3.8K)
Capital Lease Obligations	1.1M	1.2M	1.3M	1.1M	1.2M	886.6K
Net Invested Capital	32.3M	46.9M	17.9M	29.9M	34.4M	27.9M
Capital Stock	87.2M	166.1M	169.5M	184.0M	211.6M	127.0M
Cash And Equivalents	29.9M	53.5M	9.5M	3.9M	3.5M	3.3M
Net Working Capital	29.6M	52.4M	14.9M	26.5M	30.5M	27.5M
Property Plant Equipment	5.4M	5.8M	5.9M	5.5M	6.3M	4.8M

Pair Trading with Troilus Gold

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 Troilus Gold 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 Troilus Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Troilus Stock

0.81	FDY	Faraday Copper Corp	Pair Corr
0.76	IE	Ivanhoe Energy	Pair Corr
0.76	BBUC	Brookfield Business Corp	Pair Corr
0.62	FGAA-U	FG Acquisition Corp	Pair Corr
0.53	GATO	Gatos Silver	Pair Corr

The ability to find closely correlated positions to Troilus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Troilus Gold 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 Troilus Gold - 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 Troilus Gold Corp to buy it.

The correlation of Troilus Gold 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 Troilus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Troilus Gold Corp 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 Troilus Gold 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

Other Information on Investing in Troilus Stock

Balance Sheet is a snapshot of the financial position of Troilus Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Troilus Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Troilus Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Troilus currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Troilus Ptb Ratio vs Free Cash Flow Yield Analysis

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ptb Ratio

Free Cash Flow Yield

Troilus Gold fundamental ratios Correlations

Troilus Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Troilus Gold fundamental ratios Accounts

Pair Trading with Troilus Gold

Moving against Troilus Stock

Other Information on Investing in Troilus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 0.98	Net Receivables
Other Current Liab	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.96	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.96	Common Stock Shares Outstanding
Net Tangible Assets	+ 0.95	Total Stockholder Equity

Cash	- 1.0	Net Debt
Common Stock	- 0.96	Retained Earnings
Non Current Liabilities Total	- 0.9	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Net Receivables	- 0.84	Retained Earnings