Trench Property Plant And Equipment Net vs Property Plant Equipment Analysis

TMC Stock

CAD 0.47 0.05 9.62%

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

Property Plant And Equipment Net vs Property Plant Equipment

Property Plant And Equipment Net vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trench Metals Corp Property Plant And Equipment Net account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Trench Metals' Property Plant And Equipment Net and Property Plant Equipment is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Trench Metals Corp, assuming nothing else is changed. The correlation between historical values of Trench Metals' Property Plant And Equipment Net and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Trench Metals Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Net i.e., Trench Metals' Property Plant And Equipment Net and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Property Plant Equipment

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

At this time, Trench Metals' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 76.2 M in 2024, whereas Discontinued Operations is likely to drop (577.4 K) in 2024.

Trench Metals fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Other Current Liab		0.64	-0.82	0.32	0.5	0.22	-0.05	-0.44	0.22	-0.73	-0.44	-0.43	-0.5	-0.46	-0.51	-0.37	-0.52	0.38	-0.46	-0.44	-0.43	-0.36
Total Current Liabilities	0.64		-0.91	0.79	0.95	0.38	0.53	-0.88	0.38	-0.48	-0.84	-0.67	-0.81	-0.88	-0.79	-0.6	-0.86	0.9	-0.88	-0.88	-0.7	-0.6
Net Tangible Assets	-0.82	-0.91		-0.61	-0.79	-0.42	-0.28	0.75	-0.42	0.76	0.7	0.59	0.77	0.79	0.8	0.56	0.74	-0.72	0.79	0.76	0.64	0.56
Retained Earnings	0.32	0.79	-0.61		0.92	0.5	0.86	-0.81	0.5	-0.01	-0.92	-0.85	-0.87	-0.95	-0.72	-0.81	-0.93	0.94	-0.95	-0.86	-0.85	-0.81
Accounts Payable	0.5	0.95	-0.79	0.92		0.42	0.77	-0.93	0.42	-0.28	-0.9	-0.71	-0.87	-0.96	-0.84	-0.65	-0.92	0.99	-0.96	-0.95	-0.75	-0.65
Other Assets	0.22	0.38	-0.42	0.5	0.42		0.3	-0.23	1.0	-0.05	-0.33	-0.66	-0.38	-0.56	-0.28	-0.77	-0.38	0.39	-0.56	-0.29	-0.49	-0.77
Net Receivables	-0.05	0.53	-0.28	0.86	0.77	0.3		-0.77	0.3	0.22	-0.75	-0.53	-0.69	-0.79	-0.67	-0.49	-0.74	0.85	-0.79	-0.8	-0.59	-0.49
Other Stockholder Equity	-0.44	-0.88	0.75	-0.81	-0.93	-0.23	-0.77		-0.23	0.4	0.86	0.51	0.88	0.9	0.93	0.45	0.87	-0.95	0.9	0.99	0.67	0.45
Deferred Long Term Liab	0.22	0.38	-0.42	0.5	0.42	1.0	0.3	-0.23		-0.05	-0.33	-0.66	-0.38	-0.56	-0.28	-0.77	-0.38	0.39	-0.56	-0.29	-0.49	-0.77
Total Current Assets	-0.73	-0.48	0.76	-0.01	-0.28	-0.05	0.22	0.4	-0.05		0.18	-0.01	0.39	0.29	0.58	0.03	0.24	-0.19	0.29	0.37	0.17	0.03
Common Stock	-0.44	-0.84	0.7	-0.92	-0.9	-0.33	-0.75	0.86	-0.33	0.18		0.81	0.94	0.91	0.76	0.73	0.99	-0.91	0.91	0.89	0.92	0.72
Property Plant Equipment	-0.43	-0.67	0.59	-0.85	-0.71	-0.66	-0.53	0.51	-0.66	-0.01	0.81		0.71	0.78	0.43	0.93	0.83	-0.7	0.78	0.57	0.88	0.93
Total Assets	-0.5	-0.81	0.77	-0.87	-0.87	-0.38	-0.69	0.88	-0.38	0.39	0.94	0.71		0.93	0.88	0.73	0.95	-0.87	0.93	0.91	0.91	0.73
Total Stockholder Equity	-0.46	-0.88	0.79	-0.95	-0.96	-0.56	-0.79	0.9	-0.56	0.29	0.91	0.78	0.93		0.87	0.77	0.94	-0.96	1.0	0.94	0.84	0.77
Cash	-0.51	-0.79	0.8	-0.72	-0.84	-0.28	-0.67	0.93	-0.28	0.58	0.76	0.43	0.88	0.87		0.43	0.8	-0.84	0.87	0.95	0.63	0.43
Non Current Assets Total	-0.37	-0.6	0.56	-0.81	-0.65	-0.77	-0.49	0.45	-0.77	0.03	0.73	0.93	0.73	0.77	0.43		0.75	-0.63	0.77	0.52	0.88	1.0
Common Stock Shares Outstanding	-0.52	-0.86	0.74	-0.93	-0.92	-0.38	-0.74	0.87	-0.38	0.24	0.99	0.83	0.95	0.94	0.8	0.75		-0.92	0.94	0.9	0.92	0.75
Total Liab	0.38	0.9	-0.72	0.94	0.99	0.39	0.85	-0.95	0.39	-0.19	-0.91	-0.7	-0.87	-0.96	-0.84	-0.63	-0.92		-0.96	-0.97	-0.74	-0.63
Net Invested Capital	-0.46	-0.88	0.79	-0.95	-0.96	-0.56	-0.79	0.9	-0.56	0.29	0.91	0.78	0.93	1.0	0.87	0.77	0.94	-0.96		0.94	0.84	0.77
Net Working Capital	-0.44	-0.88	0.76	-0.86	-0.95	-0.29	-0.8	0.99	-0.29	0.37	0.89	0.57	0.91	0.94	0.95	0.52	0.9	-0.97	0.94		0.71	0.52
Capital Stock	-0.43	-0.7	0.64	-0.85	-0.75	-0.49	-0.59	0.67	-0.49	0.17	0.92	0.88	0.91	0.84	0.63	0.88	0.92	-0.74	0.84	0.71		0.88
Property Plant And Equipment Net	-0.36	-0.6	0.56	-0.81	-0.65	-0.77	-0.49	0.45	-0.77	0.03	0.72	0.93	0.73	0.77	0.43	1.0	0.75	-0.63	0.77	0.52	0.88

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Trench Metals Account Relationship Matchups

Trench Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	11.2K	11.7K	71.9K	25.2K	22.7K	21.5K
Net Tangible Assets	929.2K	811.5K	446.8K	752.9K	865.8K	909.1K
Retained Earnings	(4.4M)	(5.0M)	(5.3M)	(6.3M)	(5.7M)	(6.0M)
Accounts Payable	9.1K	11.7K	70.8K	19.5K	17.6K	16.7K
Net Receivables	3.1K	3.3K	1.1K	6.0K	5.4K	5.2K
Other Stockholder Equity	166.9K	727.8K	543.4K	446.5K	513.5K	345.6K
Total Current Assets	812.7K	303.1K	589.7K	561.4K	645.6K	564.2K
Total Assets	822.7K	458.5K	824.7K	1.2M	1.4M	719.9K
Total Stockholder Equity	811.5K	446.8K	752.9K	1.2M	1.3M	1.4M
Cash	809.3K	244.4K	583.7K	556.7K	640.2K	522.2K
Non Current Assets Total	10.0K	155.4K	235.0K	623.8K	717.4K	753.3K
Total Liab	11.2K	11.7K	71.9K	25.2K	22.7K	21.5K
Net Invested Capital	811.5K	446.8K	752.9K	1.2M	1.3M	1.4M
Net Working Capital	801.5K	291.4K	517.8K	536.2K	616.6K	325.9K
Capital Stock	3.6M	4.0M	4.8M	5.8M	6.6M	4.7M

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