Trench Retained Earnings vs Net Invested Capital 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 Retained Earnings and its Net Invested Capital 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trench Metals Corp Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Trench Metals' Retained Earnings and Net Invested Capital is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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' Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Trench Metals Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Trench Metals' Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Trench Stock Analysis

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

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