TMC Gross Profit vs Reconciled Depreciation Analysis

TMCWW Stock

USD 0.07 0.01 8.85%

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 Gross Profit and its Reconciled Depreciation 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between TMC The's Gross Profit and Reconciled Depreciation is 0.46. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation 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 Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of TMC the metals are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., TMC The's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of TMC the metals minus its cost of goods sold. It is profit before TMC The operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

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 Over EBITDA is likely to drop (4.65) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	453K	418K	381K	363K
Cost Of Revenue	149.6M	174.1M	72.4M	109.1M

Reconciled Depreciation Cost Of Revenue

TMC The fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Inventory	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.91	0.9	0.88	0.96	0.97	0.92	-0.67	-0.85	-0.93	0.66	0.9	0.0	0.66	0.54	0.83	0.82	0.95	0.89	0.9	0.87	0.9	0.92	-0.95	0.36	0.33
Other Current Liab	0.91		1.0	0.66	0.91	0.82	0.91	-0.48	-0.95	-0.9	0.48	0.91	0.21	0.48	0.67	0.94	0.87	0.89	1.0	0.98	0.7	0.96	0.91	-0.92	0.08	0.49
Total Current Liabilities	0.9	1.0		0.65	0.9	0.81	0.9	-0.48	-0.95	-0.89	0.48	0.9	0.23	0.48	0.67	0.94	0.86	0.89	1.0	0.98	0.7	0.96	0.9	-0.92	0.07	0.49
Total Stockholder Equity	0.88	0.66	0.65		0.75	0.9	0.7	-0.87	-0.51	-0.72	0.87	0.67	-0.19	0.87	0.1	0.51	0.54	0.85	0.64	0.63	0.96	0.63	0.71	-0.76	0.74	-0.11
Other Liab	0.96	0.91	0.9	0.75		0.95	0.95	-0.49	-0.92	-0.95	0.49	0.96	0.06	0.49	0.72	0.93	0.94	0.89	0.88	0.95	0.73	0.96	0.95	-0.94	0.17	0.56
Net Tangible Assets	0.97	0.82	0.81	0.9	0.95		0.87	-0.69	-0.78	-0.88	0.69	0.86	0.0	0.69	0.52	0.77	0.8	0.93	0.78	0.83	0.87	0.85	0.87	-0.93	0.44	0.33
Property Plant And Equipment Net	0.92	0.91	0.9	0.7	0.95	0.87		-0.36	-0.92	-1.0	0.35	1.0	-0.15	0.35	0.7	0.93	0.94	0.79	0.9	0.94	0.63	0.96	1.0	-0.83	0.05	0.53
Net Debt	-0.67	-0.48	-0.48	-0.87	-0.49	-0.69	-0.36		0.25	0.37	-1.0	-0.32	-0.13	-1.0	0.17	-0.23	-0.22	-0.78	-0.46	-0.4	-0.95	-0.37	-0.37	0.65	-0.9	0.36
Retained Earnings	-0.85	-0.95	-0.95	-0.51	-0.92	-0.78	-0.92	0.25		0.91	-0.24	-0.93	-0.2	-0.24	-0.86	-0.98	-0.93	-0.8	-0.94	-0.97	-0.52	-0.97	-0.91	0.88	0.16	-0.72
Accounts Payable	-0.93	-0.9	-0.89	-0.72	-0.95	-0.88	-1.0	0.37	0.91		-0.37	-0.99	0.17	-0.37	-0.68	-0.91	-0.91	-0.8	-0.89	-0.93	-0.65	-0.94	-0.99	0.83	-0.07	-0.5
Cash	0.66	0.48	0.48	0.87	0.49	0.69	0.35	-1.0	-0.24	-0.37		0.32	0.13	1.0	-0.17	0.23	0.21	0.77	0.45	0.39	0.95	0.36	0.37	-0.65	0.9	-0.37
Non Current Assets Total	0.9	0.91	0.9	0.67	0.96	0.86	1.0	-0.32	-0.93	-0.99	0.32		-0.12	0.32	0.73	0.95	0.96	0.78	0.9	0.95	0.6	0.97	1.0	-0.82	0.01	0.59
Non Currrent Assets Other	0.0	0.21	0.23	-0.19	0.06	0.0	-0.15	-0.13	-0.2	0.17	0.13	-0.12		0.13	0.28	0.15	0.03	0.26	0.18	0.16	0.07	0.12	-0.17	-0.32	-0.1	0.29
Cash And Short Term Investments	0.66	0.48	0.48	0.87	0.49	0.69	0.35	-1.0	-0.24	-0.37	1.0	0.32	0.13		-0.17	0.23	0.21	0.77	0.45	0.39	0.95	0.36	0.37	-0.65	0.9	-0.37
Net Receivables	0.54	0.67	0.67	0.1	0.72	0.52	0.7	0.17	-0.86	-0.68	-0.17	0.73	0.28	-0.17		0.84	0.82	0.47	0.65	0.75	0.1	0.77	0.67	-0.63	-0.51	0.96
Common Stock Shares Outstanding	0.83	0.94	0.94	0.51	0.93	0.77	0.93	-0.23	-0.98	-0.91	0.23	0.95	0.15	0.23	0.84		0.97	0.76	0.93	0.98	0.51	0.99	0.93	-0.85	-0.15	0.73
Non Current Liabilities Total	0.82	0.87	0.86	0.54	0.94	0.8	0.94	-0.22	-0.93	-0.91	0.21	0.96	0.03	0.21	0.82	0.97		0.72	0.84	0.94	0.49	0.97	0.94	-0.8	-0.11	0.74
Other Current Assets	0.95	0.89	0.89	0.85	0.89	0.93	0.79	-0.78	-0.8	-0.8	0.77	0.78	0.26	0.77	0.47	0.76	0.72		0.87	0.86	0.92	0.84	0.79	-0.98	0.45	0.26
Other Stockholder Equity	0.89	1.0	1.0	0.64	0.88	0.78	0.9	-0.46	-0.94	-0.89	0.45	0.9	0.18	0.45	0.65	0.93	0.84	0.87		0.97	0.68	0.94	0.9	-0.89	0.06	0.46
Total Liab	0.9	0.98	0.98	0.63	0.95	0.83	0.94	-0.4	-0.97	-0.93	0.39	0.95	0.16	0.39	0.75	0.98	0.94	0.86	0.97		0.65	0.99	0.94	-0.91	0.01	0.6
Total Current Assets	0.87	0.7	0.7	0.96	0.73	0.87	0.63	-0.95	-0.52	-0.65	0.95	0.6	0.07	0.95	0.1	0.51	0.49	0.92	0.68	0.65		0.62	0.64	-0.82	0.76	-0.12
Common Stock	0.9	0.96	0.96	0.63	0.96	0.85	0.96	-0.37	-0.97	-0.94	0.36	0.97	0.12	0.36	0.77	0.99	0.97	0.84	0.94	0.99	0.62		0.96	-0.9	0.0	0.64
Property Plant Equipment	0.92	0.91	0.9	0.71	0.95	0.87	1.0	-0.37	-0.91	-0.99	0.37	1.0	-0.17	0.37	0.67	0.93	0.94	0.79	0.9	0.94	0.64	0.96		-0.82	0.07	0.52
Inventory	-0.95	-0.92	-0.92	-0.76	-0.94	-0.93	-0.83	0.65	0.88	0.83	-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
Net Invested Capital	0.36	0.08	0.07	0.74	0.17	0.44	0.05	-0.9	0.16	-0.07	0.9	0.01	-0.1	0.9	-0.51	-0.15	-0.11	0.45	0.06	0.01	0.76	0.0	0.07	-0.29		-0.64
Property Plant And Equipment Gross	0.33	0.49	0.49	-0.11	0.56	0.33	0.53	0.36	-0.72	-0.5	-0.37	0.59	0.29	-0.37	0.96	0.73	0.74	0.26	0.46	0.6	-0.12	0.64	0.52	-0.44	-0.64

Click cells to compare fundamentals

TMC The Account Relationship Matchups

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for TMC Stock Analysis

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.

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

TMC Gross Profit vs Reconciled Depreciation Analysis

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Gross Profit

Reconciled Depreciation

TMC The fundamental ratios Correlations

TMC The Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for TMC Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Accounts Payable	- 1.0	Property Plant And Equipment Net
Property Plant Equipment	- 0.99	Accounts Payable
Non Current Assets Total	- 0.99	Accounts Payable
Inventory	- 0.98	Other Current Assets