TMC Accounts Payable vs Capital Stock Analysis

TMCWW Stock  USD 0.07  0.02  22.79%   
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 Accounts Payable and its Capital Stock 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 housing.

Accounts Payable vs Capital Stock

Accounts Payable vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between TMC The's Accounts Payable and Capital Stock is -0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock 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 Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of TMC the metals are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., TMC The's Accounts Payable and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents TMC The obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TMC the metals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 housing.
At this time, TMC The's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 43.3 K in 2024, whereas Enterprise Value Multiple is likely to drop (4.65) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation453K418K381K363K
Cost Of Revenue149.6M174.1M360K342K

TMC The fundamental ratios Correlations

0.910.90.880.960.970.92-0.67-0.85-0.930.660.90.00.660.540.830.820.950.890.90.870.90.92-0.950.360.33
0.911.00.660.910.820.91-0.48-0.95-0.90.480.910.210.480.670.940.870.891.00.980.70.960.91-0.920.080.49
0.91.00.650.90.810.9-0.48-0.95-0.890.480.90.230.480.670.940.860.891.00.980.70.960.9-0.920.070.49
0.880.660.650.750.90.7-0.87-0.51-0.720.870.67-0.190.870.10.510.540.850.640.630.960.630.71-0.760.74-0.11
0.960.910.90.750.950.95-0.49-0.92-0.950.490.960.060.490.720.930.940.890.880.950.730.960.95-0.940.170.56
0.970.820.810.90.950.87-0.69-0.78-0.880.690.860.00.690.520.770.80.930.780.830.870.850.87-0.930.440.33
0.920.910.90.70.950.87-0.36-0.92-1.00.351.0-0.150.350.70.930.940.790.90.940.630.961.0-0.830.050.53
-0.67-0.48-0.48-0.87-0.49-0.69-0.360.250.37-1.0-0.32-0.13-1.00.17-0.23-0.22-0.78-0.46-0.4-0.95-0.37-0.370.65-0.90.36
-0.85-0.95-0.95-0.51-0.92-0.78-0.920.250.91-0.24-0.93-0.2-0.24-0.86-0.98-0.93-0.8-0.94-0.97-0.52-0.97-0.910.880.16-0.72
-0.93-0.9-0.89-0.72-0.95-0.88-1.00.370.91-0.37-0.990.17-0.37-0.68-0.91-0.91-0.8-0.89-0.93-0.65-0.94-0.990.83-0.07-0.5
0.660.480.480.870.490.690.35-1.0-0.24-0.370.320.131.0-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.90.910.90.670.960.861.0-0.32-0.93-0.990.32-0.120.320.730.950.960.780.90.950.60.971.0-0.820.010.59
0.00.210.23-0.190.060.0-0.15-0.13-0.20.170.13-0.120.130.280.150.030.260.180.160.070.12-0.17-0.32-0.10.29
0.660.480.480.870.490.690.35-1.0-0.24-0.371.00.320.13-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.540.670.670.10.720.520.70.17-0.86-0.68-0.170.730.28-0.170.840.820.470.650.750.10.770.67-0.63-0.510.96
0.830.940.940.510.930.770.93-0.23-0.98-0.910.230.950.150.230.840.970.760.930.980.510.990.93-0.85-0.150.73
0.820.870.860.540.940.80.94-0.22-0.93-0.910.210.960.030.210.820.970.720.840.940.490.970.94-0.8-0.110.74
0.950.890.890.850.890.930.79-0.78-0.8-0.80.770.780.260.770.470.760.720.870.860.920.840.79-0.980.450.26
0.891.01.00.640.880.780.9-0.46-0.94-0.890.450.90.180.450.650.930.840.870.970.680.940.9-0.890.060.46
0.90.980.980.630.950.830.94-0.4-0.97-0.930.390.950.160.390.750.980.940.860.970.650.990.94-0.910.010.6
0.870.70.70.960.730.870.63-0.95-0.52-0.650.950.60.070.950.10.510.490.920.680.650.620.64-0.820.76-0.12
0.90.960.960.630.960.850.96-0.37-0.97-0.940.360.970.120.360.770.990.970.840.940.990.620.96-0.90.00.64
0.920.910.90.710.950.871.0-0.37-0.91-0.990.371.0-0.170.370.670.930.940.790.90.940.640.96-0.820.070.52
-0.95-0.92-0.92-0.76-0.94-0.93-0.830.650.880.83-0.65-0.82-0.32-0.65-0.63-0.85-0.8-0.98-0.89-0.91-0.82-0.9-0.82-0.29-0.44
0.360.080.070.740.170.440.05-0.90.16-0.070.90.01-0.10.9-0.51-0.15-0.110.450.060.010.760.00.07-0.29-0.64
0.330.490.49-0.110.560.330.530.36-0.72-0.5-0.370.590.29-0.370.960.730.740.260.460.6-0.120.640.52-0.44-0.64
Click cells to compare fundamentals

TMC The Account Relationship Matchups

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