TMC Total Current Assets vs Selling General Administrative Analysis
TMC Stock | USD 1.59 0.02 1.27% |
TMC The financial indicator trend analysis is much more than just breaking down TMC the metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMC the metals is a good investment. Please check the relationship between TMC The Total Current Assets and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the 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 population.
Total Current Assets vs Selling General Administrative
Total Current Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TMC The's Total Current Assets and Selling General Administrative is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of TMC the metals, assuming nothing else is changed. The correlation between historical values of TMC The's Total Current Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of TMC the metals are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., TMC The's Total Current Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Selling General Administrative
Most indicators from TMC The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMC the 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 TMC the 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 population. At present, TMC The's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
2022 | 2023 | 2024 | 2025 (projected) | Reconciled Depreciation | 418K | 381K | 342.9K | 363K | Cost Of Revenue | 174.1M | 72.4M | 83.2M | 109.1M |
TMC The fundamental ratios Correlations
Click cells to compare fundamentals
TMC The Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TMC The fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 54.7M | 133.1M | 94.8M | 68.9M | 79.2M | 77.4M | |
Other Current Liab | 7.8M | 26.6M | 41.6M | 31.3M | 36.0M | 23.2M | |
Total Current Liabilities | 7.8M | 26.6M | 41.6M | 31.3M | 36.0M | 23.6M | |
Total Stockholder Equity | 36.3M | 92.8M | 41.5M | 10.9M | 12.6M | 11.9M | |
Property Plant And Equipment Net | 44.5M | 44.6M | 45.2M | 51.6M | 59.4M | 41.4M | |
Net Debt | (10.1M) | (84.9M) | (46.8M) | (6.8M) | (6.2M) | (6.5M) | |
Retained Earnings | (162.9M) | (304.2M) | (475.1M) | (548.9M) | (494.0M) | (469.3M) | |
Accounts Payable | 34.3K | 26.6K | 41.6K | 31.3M | 36.0M | 37.8M | |
Cash | 10.1M | 84.9M | 46.8M | 6.8M | 7.9M | 7.5M | |
Non Current Assets Total | 44.5M | 44.6M | 45.2M | 60.1M | 69.1M | 42.8M | |
Non Currrent Assets Other | (300.1M) | (1K) | 10.3M | 43.2M | 49.6M | 52.1M | |
Cash And Short Term Investments | 10.1M | 84.9M | 46.8M | 6.8M | 7.9M | 7.5M | |
Net Receivables | 56K | 64K | 117K | 467K | 537.1K | 563.9K | |
Common Stock Shares Outstanding | 178.6M | 204.9M | 239.9M | 288.6M | 331.9M | 229.5M | |
Liabilities And Stockholders Equity | 54.7M | 133.1M | 94.8M | 68.9M | 79.2M | 77.4M | |
Non Current Liabilities Total | 10.7M | 13.8M | 11.7M | 26.6M | 30.6M | 32.2M | |
Other Current Assets | 129K | 3.6M | 2.6M | 1.5M | 1.7M | 1.7M | |
Other Stockholder Equity | 45.3M | 102.1M | 185.0M | 122.8M | 141.2M | 100.3M | |
Total Liab | 18.4M | 40.4M | 53.3M | 58.0M | 66.7M | 37.4M | |
Total Current Assets | 10.2M | 88.6M | 49.6M | 8.8M | 10.1M | 9.6M | |
Common Stock | 154.4M | 296.1M | 332.9M | 438.2M | 504.0M | 268.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the 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 population. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.