TMC Property Plant And Equipment Gross vs Common Stock Shares Outstanding 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 Property Plant And Equipment Gross and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Gross vs Common Stock Shares Outstanding

Property Plant And Equipment Gross vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Property Plant And Equipment Gross account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between TMC The's Property Plant And Equipment Gross and Common Stock Shares Outstanding is 0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Shares Outstanding 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 Property Plant And Equipment Gross and Common Stock Shares Outstanding 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 Gross of TMC the metals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Gross i.e., TMC The's Property Plant And Equipment Gross and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
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-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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