TLGY Other Current Assets vs Cash Analysis
| TLGY Stock | USD 11.64 0.01 0.09% |
TLGY Acquisition financial indicator trend analysis is much more than just breaking down TLGY Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TLGY Acquisition Corp is a good investment. Please check the relationship between TLGY Acquisition Other Current Assets and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TLGY Acquisition 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 price.
Other Current Assets vs Cash
Other Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TLGY Acquisition Corp Other Current Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between TLGY Acquisition's Other Current Assets and Cash is 0.62. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of TLGY Acquisition Corp, assuming nothing else is changed. The correlation between historical values of TLGY Acquisition's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of TLGY Acquisition Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., TLGY Acquisition's Other Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Cash
Cash refers to the most liquid asset of TLGY Acquisition Corp, which is listed under current asset account on TLGY Acquisition Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TLGY Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different TLGY Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from TLGY Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TLGY Acquisition 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 TLGY Acquisition 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 price. Selling General Administrative is likely to drop to about 1.4 M in 2024. Enterprise Value Over EBITDA is likely to drop to 25.00 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Income Before Tax | 2.2M | 11.6M | 4.7M | 6.8M | Total Operating Expenses | 831.4K | 1.4M | 1.7M | 1.4M |
TLGY Acquisition fundamental ratios Correlations
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TLGY Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running TLGY Acquisition's price analysis, check to measure TLGY Acquisition's 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 TLGY Acquisition is operating at the current time. Most of TLGY Acquisition's value examination focuses on studying past and present price action to predict the probability of TLGY Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TLGY Acquisition's price. Additionally, you may evaluate how the addition of TLGY Acquisition to your portfolios can decrease your overall portfolio volatility.