TMT Cash vs Net Working Capital Analysis
| TMTCU Stock | 2.89 3.79 56.74% |
TMT Acquisition financial indicator trend analysis is much more than just breaking down TMT Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMT Acquisition Corp is a good investment. Please check the relationship between TMT Acquisition Cash and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMT Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash vs Net Working Capital
Cash vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMT Acquisition Corp Cash account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between TMT Acquisition's Cash and Net Working Capital is 0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of TMT Acquisition Corp, assuming nothing else is changed. The correlation between historical values of TMT Acquisition's Cash and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of TMT Acquisition Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Cash i.e., TMT Acquisition's Cash and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of TMT Acquisition Corp, which is listed under current asset account on TMT Acquisition Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TMT Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different TMT Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Working Capital
Most indicators from TMT Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMT Acquisition Corp 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 TMT Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Selling General Administrative is likely to drop to about 55.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 34.8 M in 2024
TMT Acquisition fundamental ratios Correlations
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TMT Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for TMT Stock Analysis
When running TMT Acquisition's price analysis, check to measure TMT Acquisition'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 TMT Acquisition is operating at the current time. Most of TMT Acquisition's value examination focuses on studying past and present price action to predict the probability of TMT Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMT Acquisition's price. Additionally, you may evaluate how the addition of TMT Acquisition to your portfolios can decrease your overall portfolio volatility.