Trigon Free Cash Flow Yield vs Roic Analysis

TM Stock

CAD 0.84 0.01 1.18%

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

Free Cash Flow Yield vs Roic

Free Cash Flow Yield vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Free Cash Flow Yield account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Trigon Metals' Free Cash Flow Yield and Roic is -0.43. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Roic in the same time period over historical financial statements of Trigon Metals, assuming nothing else is changed. The correlation between historical values of Trigon Metals' Free Cash Flow Yield and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Trigon Metals are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Free Cash Flow Yield i.e., Trigon Metals' Free Cash Flow Yield and Roic go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Trigon Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trigon Metals 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 Trigon Metals. 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.

At this time, Trigon Metals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 1,265 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.7 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.3M	4.9M	3.1M	3.0M
Cost Of Revenue	194.3K	2.0M	20.9M	21.9M

Total Operating Expenses Cost Of Revenue

Trigon Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Intangible Assets	Inventory	Other Current Assets	Short Term Investments
Total Assets		0.83	0.93	0.91	-0.19	0.96	0.9	0.0	-0.93	0.83	0.96	0.75	0.54	0.88	0.91	0.96	-0.05	0.99	0.54	0.04	0.41	0.4	-0.83	0.61	0.09	-0.01
Short Long Term Debt Total	0.83		0.94	0.98	0.11	0.94	0.94	0.53	-0.81	0.94	0.94	0.65	0.47	0.93	0.76	0.68	-0.14	0.8	0.02	0.43	-0.13	-0.13	-0.9	0.64	0.13	0.02
Other Current Liab	0.93	0.94		0.98	-0.11	0.98	0.98	0.31	-0.86	0.87	0.98	0.67	0.49	0.89	0.81	0.84	-0.12	0.92	0.24	0.16	0.1	0.1	-0.93	0.75	0.12	-0.08
Total Current Liabilities	0.91	0.98	0.98		0.01	0.98	0.98	0.42	-0.84	0.95	0.98	0.68	0.5	0.95	0.81	0.78	-0.17	0.88	0.14	0.27	-0.01	-0.01	-0.92	0.72	0.15	-0.07
Total Stockholder Equity	-0.19	0.11	-0.11	0.01		-0.05	-0.15	0.48	0.1	0.26	-0.06	0.03	0.01	0.24	-0.08	-0.43	0.45	-0.33	-0.44	0.66	-0.51	-0.51	0.16	-0.27	0.36	0.16
Property Plant And Equipment Net	0.96	0.94	0.98	0.98	-0.05		0.97	0.28	-0.88	0.92	1.0	0.69	0.49	0.94	0.84	0.86	-0.11	0.93	0.29	0.2	0.14	0.14	-0.91	0.7	0.16	-0.04
Current Deferred Revenue	0.9	0.94	0.98	0.98	-0.15	0.97		0.37	-0.81	0.87	0.97	0.6	0.43	0.88	0.74	0.82	-0.24	0.9	0.16	0.17	0.02	0.02	-0.94	0.76	0.07	-0.08
Net Debt	0.0	0.53	0.31	0.42	0.48	0.28	0.37		0.0	0.48	0.26	-0.02	0.0	0.38	-0.05	-0.22	-0.22	-0.05	-0.82	0.61	-0.91	-0.91	-0.4	0.37	0.16	-0.12
Retained Earnings	-0.93	-0.81	-0.86	-0.84	0.1	-0.88	-0.81	0.0		-0.77	-0.88	-0.83	-0.64	-0.82	-0.93	-0.88	-0.07	-0.91	-0.53	-0.19	-0.4	-0.4	0.73	-0.36	0.12	-0.28
Accounts Payable	0.83	0.94	0.87	0.95	0.26	0.92	0.87	0.48	-0.77		0.91	0.68	0.48	0.99	0.79	0.65	-0.11	0.76	0.07	0.41	-0.09	-0.09	-0.8	0.62	0.3	-0.07
Non Current Assets Total	0.96	0.94	0.98	0.98	-0.06	1.0	0.97	0.26	-0.88	0.91		0.7	0.49	0.94	0.84	0.87	-0.11	0.94	0.3	0.19	0.16	0.15	-0.9	0.69	0.16	-0.04
Non Currrent Assets Other	0.75	0.65	0.67	0.68	0.03	0.69	0.6	-0.02	-0.83	0.68	0.7		0.72	0.69	0.93	0.7	-0.05	0.72	0.48	-0.01	0.38	0.37	-0.56	0.26	0.01	0.19
Other Assets	0.54	0.47	0.49	0.5	0.01	0.49	0.43	0.0	-0.64	0.48	0.49	0.72		0.48	0.69	0.5	-0.14	0.52	0.32	0.05	0.26	0.26	-0.41	0.12	-0.19	0.22
Net Receivables	0.88	0.93	0.89	0.95	0.24	0.94	0.88	0.38	-0.82	0.99	0.94	0.69	0.48		0.82	0.71	-0.03	0.81	0.18	0.39	0.01	0.01	-0.8	0.59	0.3	-0.02
Common Stock Shares Outstanding	0.91	0.76	0.81	0.81	-0.08	0.84	0.74	-0.05	-0.93	0.79	0.84	0.93	0.69	0.82		0.87	-0.07	0.89	0.58	0.03	0.46	0.46	-0.68	0.42	0.06	0.09
Non Current Liabilities Total	0.96	0.68	0.84	0.78	-0.43	0.86	0.82	-0.22	-0.88	0.65	0.87	0.7	0.5	0.71	0.87		-0.11	0.98	0.69	-0.18	0.59	0.59	-0.74	0.57	-0.02	-0.02
Other Stockholder Equity	-0.05	-0.14	-0.12	-0.17	0.45	-0.11	-0.24	-0.22	-0.07	-0.11	-0.11	-0.05	-0.14	-0.03	-0.07	-0.11		-0.14	0.17	0.16	0.17	0.17	0.23	-0.29	-0.01	0.15
Total Liab	0.99	0.8	0.92	0.88	-0.33	0.93	0.9	-0.05	-0.91	0.76	0.94	0.72	0.52	0.81	0.89	0.98	-0.14		0.57	-0.06	0.45	0.45	-0.83	0.64	0.03	-0.04
Total Current Assets	0.54	0.02	0.24	0.14	-0.44	0.29	0.16	-0.82	-0.53	0.07	0.3	0.48	0.32	0.18	0.58	0.69	0.17	0.57		-0.44	0.98	0.98	-0.06	-0.01	-0.02	0.16
Short Term Debt	0.04	0.43	0.16	0.27	0.66	0.2	0.17	0.61	-0.19	0.41	0.19	-0.01	0.05	0.39	0.03	-0.18	0.16	-0.06	-0.44		-0.54	-0.54	-0.12	-0.19	0.12	0.49
Cash	0.41	-0.13	0.1	-0.01	-0.51	0.14	0.02	-0.91	-0.4	-0.09	0.16	0.38	0.26	0.01	0.46	0.59	0.17	0.45	0.98	-0.54		1.0	0.03	-0.1	-0.11	0.11
Cash And Short Term Investments	0.4	-0.13	0.1	-0.01	-0.51	0.14	0.02	-0.91	-0.4	-0.09	0.15	0.37	0.26	0.01	0.46	0.59	0.17	0.45	0.98	-0.54	1.0		0.03	-0.1	-0.11	0.11
Intangible Assets	-0.83	-0.9	-0.93	-0.92	0.16	-0.91	-0.94	-0.4	0.73	-0.8	-0.9	-0.56	-0.41	-0.8	-0.68	-0.74	0.23	-0.83	-0.06	-0.12	0.03	0.03		-0.73	-0.02	0.21
Inventory	0.61	0.64	0.75	0.72	-0.27	0.7	0.76	0.37	-0.36	0.62	0.69	0.26	0.12	0.59	0.42	0.57	-0.29	0.64	-0.01	-0.19	-0.1	-0.1	-0.73		0.3	-0.64
Other Current Assets	0.09	0.13	0.12	0.15	0.36	0.16	0.07	0.16	0.12	0.3	0.16	0.01	-0.19	0.3	0.06	-0.02	-0.01	0.03	-0.02	0.12	-0.11	-0.11	-0.02	0.3		-0.34
Short Term Investments	-0.01	0.02	-0.08	-0.07	0.16	-0.04	-0.08	-0.12	-0.28	-0.07	-0.04	0.19	0.22	-0.02	0.09	-0.02	0.15	-0.04	0.16	0.49	0.11	0.11	0.21	-0.64	-0.34

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Trigon Metals Account Relationship Matchups

Trigon Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7M	3.0M	18.2M	35.7M	51.5M	54.1M
Short Long Term Debt Total	294.9K	1.9M	3.3M	194.2K	6.9M	7.3M
Other Current Liab	166.8K	666.2K	797.9K	910.2K	3.6M	3.8M
Total Current Liabilities	554.6K	1.0M	6.7M	1.8M	17.6M	18.5M
Total Stockholder Equity	1.5M	1.6M	9.8M	(4.3M)	84K	79.8K
Property Plant And Equipment Net	229.0K	308.8K	15.6M	13.2M	45.8M	48.1M
Net Debt	(1.2M)	(796.5K)	3.0M	(20.5M)	5.0M	5.3M
Retained Earnings	(28.8M)	(44.6M)	(49.5M)	(65.7M)	(86.0M)	(81.7M)
Accounts Payable	92.9K	347.9K	4.3M	153.4K	5.1M	5.4M
Non Current Assets Total	229.0K	308.8K	15.6M	14.4M	45.8M	48.1M
Net Receivables	23.9K	45.0K	1.8M	434.2K	2.3M	2.4M
Common Stock Shares Outstanding	12.1M	20.6M	28.7M	34.4M	38.9M	40.9M
Liabilities And Stockholders Equity	1.7M	3.0M	18.2M	35.7M	51.5M	54.1M
Other Stockholder Equity	48.4K	7.4M	7.6M	6.4M	1.8M	1.7M
Total Liab	554.6K	1.8M	9.3M	42.6M	57.0M	59.9M
Total Current Assets	1.5M	2.7M	2.6M	21.2M	5.7M	2.9M
Short Term Debt	294.9K	837.8K	1.6M	63.5K	1.2M	903.3K
Cash	1.4M	2.6M	319.9K	20.7M	1.9M	1.9M
Cash And Short Term Investments	1.4M	2.6M	319.9K	20.7M	1.9M	1.9M
Accumulated Other Comprehensive Income	1.8M	2.5M	3.9M	10.5M	16.9M	17.8M
Inventory	(6.1K)	(5.3K)	(105.3K)	0.0	1.3M	1.4M
Other Current Assets	20.8K	26.0K	528.1K	61.6K	206.0K	132.7K
Common Stock	28.4M	36.3M	47.7M	44.6M	67.3M	35.8M
Net Tangible Assets	(422.0K)	2.1M	2.1M	12.4M	14.2M	14.9M
Property Plant Equipment	342.1K	324.7K	388.4K	19.4M	22.4M	23.5M
Net Invested Capital	2.6M	2.1M	15.4M	(4.3M)	62.1K	59.0K
Net Working Capital	1.3M	2.1M	(5.6M)	19.5M	(8.8M)	(8.3M)
Capital Stock	40.2M	45.6M	59.6M	44.6M	49.7M	50.7M

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