Thermal Days Sales Outstanding vs Dividend Yield Analysis

TMG Stock  CAD 0.14  0.02  12.50%   
Thermal Energy financial indicator trend analysis is much more than just breaking down Thermal Energy Inter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thermal Energy Inter is a good investment. Please check the relationship between Thermal Energy Days Sales Outstanding and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermal Energy International. 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.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thermal Energy Inter Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Thermal Energy's Days Sales Outstanding and Dividend Yield is -0.04. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Thermal Energy International, assuming nothing else is changed. The correlation between historical values of Thermal Energy's Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Thermal Energy International are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., Thermal Energy's Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Dividend Yield

Dividend Yield is Thermal Energy International dividend as a percentage of Thermal Energy stock price. Thermal Energy Inter dividend yield is a measure of Thermal Energy stock productivity, which can be interpreted as interest rate earned on an Thermal Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Thermal Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thermal Energy Inter 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 Thermal Energy International. 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.
Selling General Administrative is likely to climb to about 13.1 M in 2025. Tax Provision is likely to climb to about 16 K in 2025
 2022 2024 2025 (projected)
Total Revenue21.1M29.8M31.3M
Depreciation And Amortization612.9K704.9K740.1K

Thermal Energy fundamental ratios Correlations

0.720.820.950.290.810.49-0.520.830.930.480.50.530.50.680.90.030.950.980.730.37-0.270.850.92-0.8-0.69
0.720.770.74-0.160.820.59-0.520.610.710.090.490.410.390.740.77-0.410.810.760.540.24-0.780.70.8-0.59-0.57
0.820.770.87-0.060.70.39-0.450.810.860.150.570.350.370.640.86-0.410.880.860.370.34-0.540.780.83-0.64-0.64
0.950.740.870.080.820.56-0.340.920.940.230.360.40.320.60.95-0.120.960.980.690.17-0.370.850.95-0.71-0.76
0.29-0.16-0.060.08-0.19-0.45-0.50.180.140.670.20.410.68-0.250.00.53-0.030.180.110.230.380.07-0.02-0.450.02
0.810.820.70.82-0.190.82-0.310.640.790.10.380.40.230.840.84-0.160.910.850.790.12-0.370.680.93-0.53-0.59
0.490.590.390.56-0.450.82-0.010.330.42-0.04-0.050.27-0.080.720.66-0.110.670.540.7-0.04-0.230.460.73-0.19-0.36
-0.52-0.52-0.45-0.34-0.5-0.31-0.01-0.31-0.36-0.55-0.53-0.62-0.91-0.37-0.330.03-0.38-0.45-0.18-0.480.22-0.42-0.390.690.15
0.830.610.810.920.180.640.33-0.310.820.080.270.430.330.340.87-0.070.80.890.59-0.05-0.330.680.84-0.67-0.7
0.930.710.860.940.140.790.42-0.360.820.270.540.250.350.630.84-0.160.920.950.580.28-0.370.780.87-0.71-0.74
0.480.090.150.230.670.1-0.04-0.550.080.270.480.530.620.350.180.450.30.320.290.780.190.490.19-0.43-0.01
0.50.490.570.360.20.38-0.05-0.530.270.540.480.40.540.620.32-0.160.490.460.130.68-0.360.510.33-0.29-0.05
0.530.410.350.40.410.40.27-0.620.430.250.530.40.680.430.490.30.450.480.550.27-0.070.470.49-0.370.03
0.50.390.370.320.680.23-0.08-0.910.330.350.620.540.680.240.30.090.320.430.180.39-0.090.360.34-0.61-0.05
0.680.740.640.6-0.250.840.72-0.370.340.630.350.620.430.240.66-0.170.810.660.580.55-0.390.680.73-0.37-0.34
0.90.770.860.950.00.840.66-0.330.870.840.180.320.490.30.66-0.170.940.940.70.13-0.380.770.96-0.64-0.67
0.03-0.41-0.41-0.120.53-0.16-0.110.03-0.07-0.160.45-0.160.30.09-0.17-0.17-0.15-0.060.430.020.61-0.16-0.12-0.010.16
0.950.810.880.96-0.030.910.67-0.380.80.920.30.490.450.320.810.94-0.150.960.720.32-0.420.870.97-0.66-0.69
0.980.760.860.980.180.850.54-0.450.890.950.320.460.480.430.660.94-0.060.960.730.24-0.330.820.96-0.77-0.73
0.730.540.370.690.110.790.7-0.180.590.580.290.130.550.180.580.70.430.720.730.02-0.080.540.77-0.46-0.48
0.370.240.340.170.230.12-0.04-0.48-0.050.280.780.680.270.390.550.130.020.320.240.02-0.160.520.13-0.31-0.05
-0.27-0.78-0.54-0.370.38-0.37-0.230.22-0.33-0.370.19-0.36-0.07-0.09-0.39-0.380.61-0.42-0.33-0.08-0.16-0.45-0.350.170.31
0.850.70.780.850.070.680.46-0.420.680.780.490.510.470.360.680.77-0.160.870.820.540.52-0.450.78-0.6-0.57
0.920.80.830.95-0.020.930.73-0.390.840.870.190.330.490.340.730.96-0.120.970.960.770.13-0.350.78-0.69-0.7
-0.8-0.59-0.64-0.71-0.45-0.53-0.190.69-0.67-0.71-0.43-0.29-0.37-0.61-0.37-0.64-0.01-0.66-0.77-0.46-0.310.17-0.6-0.690.78
-0.69-0.57-0.64-0.760.02-0.59-0.360.15-0.7-0.74-0.01-0.050.03-0.05-0.34-0.670.16-0.69-0.73-0.48-0.050.31-0.57-0.70.78
Click cells to compare fundamentals

Thermal Energy Account Relationship Matchups

Thermal Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.5M9.6M13.5M16.8M19.3M20.3M
Short Long Term Debt Total3.3M4.8M5.3M4.7M5.4M5.7M
Other Current Liab2.5M1.3M1.5M2.5M2.9M3.1M
Total Current Liabilities4.8M4.2M8.0M10.7M12.3M12.9M
Total Stockholder Equity3.0M1.1M2.0M3.5M4.0M2.6M
Property Plant And Equipment Net1.8M1.5M1.6M1.8M2.1M2.2M
Net Debt(1.5M)572.6K2.8M1.9M1.7M1.8M
Retained Earnings(34.5M)(36.4M)(35.7M)(34.7M)(31.3M)(32.8M)
Accounts Payable797.5K663.7K2.2M2.4M2.8M2.9M
Cash4.2M2.5M2.8M7.0M8.0M8.4M
Non Current Assets Total3.0M2.6M2.5M2.6M3.0M2.3M
Cash And Short Term Investments4.8M4.2M2.5M2.8M3.2M1.8M
Net Receivables3.1M3.1M5.9M3.3M3.8M2.0M
Common Stock Shares Outstanding165.8M164.0M166.2M172.7M198.6M126.0M
Liabilities And Stockholders Equity10.4M11.5M9.6M13.5M15.5M16.3M
Non Current Liabilities Total3.8M4.3M3.6M2.7M3.1M3.2M
Other Current Assets166.1K200.9K339.1K617.1K709.6K745.1K
Other Stockholder Equity4.4M4.5M4.7M4.9M4.4M4.2M
Total Liab8.6M8.6M11.6M13.4M15.4M16.1M
Total Current Assets8.6M7.0M11.0M14.2M16.3M17.2M
Short Term Debt375.2K1.1M989.7K1.1M1.3M1.4M
Intangible Assets1.0M1.0M845.6K626.6K720.6K893.3K
Non Currrent Assets Other111.4K113.4K18.2K85.1K76.6K72.7K
Current Deferred Revenue1.2M1.6M1.1M2.1M2.4M2.5M
Inventory995.1K1.1M1.7M1.9M2.1M2.2M
Accumulated Other Comprehensive Income217.3K529.4K237.6K168.5K151.7K254.4K
Common Stock32.1M32.4M32.5M32.5M29.3M25.9M
Other Liab323.6K64.9K339.0164.0188.6179.17
Net Tangible Assets686.9K2.0M50.8K1.1M1.0M932.1K
Other Assets111.4K113.4K18.2K85.1K76.6K87.1K
Property Plant Equipment852.9K1.8M1.5M1.6M1.8M1.9M
Net Invested Capital6.3M5.0M5.2M5.8M6.7M5.7M
Net Working Capital3.8M2.8M3.0M3.5M4.0M3.0M
Long Term Debt2.4M3.1M2.3M1.4M1.3M1.9M
Short Long Term Debt851.0K796.4K919.1K921.0K1.1M757.1K
Capital Stock32.4M32.5M32.5M33.2M38.2M35.8M
Capital Lease Obligations1.6M1.4M1.5M1.5M1.8M1.4M
Property Plant And Equipment Gross2.7M2.6M2.7M3.1M3.6M2.8M

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