TNR Cost Of Revenue vs Total Other Income Expense Net Analysis

TNR Stock  CAD 0.05  0.01  9.09%   
TNR Gold financial indicator trend analysis is much more than just breaking down TNR Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TNR Gold Corp is a good investment. Please check the relationship between TNR Gold Cost Of Revenue and its Total Other Income Expense Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TNR Gold 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 board of governors.

Cost Of Revenue vs Total Other Income Expense Net

Cost Of Revenue vs Total Other Income Expense Net Correlation Analysis

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

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on TNR Gold Corp income statement and represents the costs associated with goods and services TNR Gold provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Other Income Expense Net

Most indicators from TNR Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TNR Gold 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 TNR Gold 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 board of governors.
Selling General Administrative is likely to drop to about 811.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

TNR Gold fundamental ratios Correlations

0.10.910.99-0.210.520.421.0-0.030.58-0.11-0.10.150.96-0.090.590.0-0.480.15-0.05-0.57-0.040.50.130.89-0.58
0.1-0.120.070.49-0.21-0.110.05-0.110.280.440.160.10.170.490.420.240.08-0.070.210.14-0.210.030.490.00.04
0.91-0.120.89-0.590.680.50.910.130.51-0.17-0.270.070.77-0.490.5-0.2-0.5-0.01-0.36-0.510.140.550.030.87-0.56
0.990.070.89-0.180.460.451.0-0.120.51-0.12-0.030.10.97-0.050.520.06-0.450.190.0-0.55-0.10.520.130.85-0.56
-0.210.49-0.59-0.18-0.57-0.44-0.22-0.31-0.040.210.390.130.030.990.00.410.20.250.760.08-0.37-0.320.23-0.320.18
0.52-0.210.680.46-0.570.110.540.770.14-0.14-0.77-0.030.31-0.550.12-0.84-0.76-0.28-0.45-0.640.810.190.080.81-0.56
0.42-0.110.50.45-0.440.110.43-0.260.07-0.140.27-0.40.31-0.330.080.180.170.02-0.210.05-0.190.42-0.290.190.14
1.00.050.911.0-0.220.540.43-0.020.51-0.14-0.110.10.95-0.10.51-0.03-0.510.14-0.03-0.59-0.010.530.120.89-0.59
-0.03-0.110.13-0.12-0.310.77-0.26-0.020.02-0.14-0.870.08-0.21-0.37-0.05-0.93-0.57-0.3-0.3-0.40.93-0.26-0.030.4-0.32
0.580.280.510.51-0.040.140.070.510.02-0.17-0.010.570.580.010.940.18-0.020.27-0.02-0.17-0.210.01-0.130.5-0.27
-0.110.44-0.17-0.120.21-0.14-0.14-0.14-0.14-0.170.06-0.17-0.10.180.170.070.07-0.14-0.390.11-0.07-0.090.84-0.130.01
-0.10.16-0.27-0.030.39-0.770.27-0.11-0.87-0.010.06-0.070.080.430.010.860.620.220.390.47-0.820.1-0.07-0.490.58
0.150.10.070.10.13-0.03-0.40.10.080.57-0.17-0.070.220.150.480.14-0.260.550.1-0.23-0.18-0.21-0.080.23-0.5
0.960.170.770.970.030.310.310.95-0.210.58-0.10.080.220.150.580.19-0.380.320.14-0.52-0.230.40.170.79-0.55
-0.090.49-0.49-0.050.99-0.55-0.33-0.1-0.370.010.180.430.150.150.040.470.180.340.770.03-0.43-0.270.21-0.230.11
0.590.420.50.520.00.120.080.51-0.050.940.170.010.480.580.040.22-0.010.2-0.16-0.15-0.250.050.150.48-0.28
0.00.24-0.20.060.41-0.840.18-0.03-0.930.180.070.860.140.190.470.220.590.390.410.42-1.00.14-0.04-0.420.32
-0.480.08-0.5-0.450.2-0.760.17-0.51-0.57-0.020.070.62-0.26-0.380.18-0.010.590.120.070.82-0.56-0.3-0.29-0.740.78
0.15-0.07-0.010.190.25-0.280.020.14-0.30.27-0.140.220.550.320.340.20.390.120.14-0.08-0.43-0.46-0.110.09-0.36
-0.050.21-0.360.00.76-0.45-0.21-0.03-0.3-0.02-0.390.390.10.140.77-0.160.410.070.140.0-0.360.06-0.24-0.210.18
-0.570.14-0.51-0.550.08-0.640.05-0.59-0.4-0.170.110.47-0.23-0.520.03-0.150.420.82-0.080.0-0.38-0.16-0.13-0.750.76
-0.04-0.210.14-0.1-0.370.81-0.19-0.010.93-0.21-0.07-0.82-0.18-0.23-0.43-0.25-1.0-0.56-0.43-0.36-0.38-0.150.030.38-0.24
0.50.030.550.52-0.320.190.420.53-0.260.01-0.090.1-0.210.4-0.270.050.14-0.3-0.460.06-0.16-0.150.040.28-0.11
0.130.490.030.130.230.08-0.290.12-0.03-0.130.84-0.07-0.080.170.210.15-0.04-0.29-0.11-0.24-0.130.030.040.16-0.27
0.890.00.870.85-0.320.810.190.890.40.5-0.13-0.490.230.79-0.230.48-0.42-0.740.09-0.21-0.750.380.280.16-0.76
-0.580.04-0.56-0.560.18-0.560.14-0.59-0.32-0.270.010.58-0.5-0.550.11-0.280.320.78-0.360.180.76-0.24-0.11-0.27-0.76
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TNR Gold Account Relationship Matchups

TNR Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.9K62.2K24.5K274.0K642.2K610.1K
Total Current Liabilities352.8K401.0K315.6K7.4M35.3K33.5K
Total Stockholder Equity(5.2M)(6.1M)(7.1M)(7.1M)606.9K576.5K
Net Debt4.9M5.8M6.9M6.9M(581.7K)(552.6K)
Retained Earnings(46.3M)(47.8M)(49.8M)(50.1M)(42.2M)(44.3M)
Cash1.9K44.7K1.1K233.4K581.7K294.7K
Cash And Short Term Investments8.6K57.2K7.1K235.1K581.9K460.2K
Net Receivables3.1K3.7K3.3K2.2K5.2K4.9K
Short Term Investments6.7K12.5K6.0K1.6K217.0206.15
Liabilities And Stockholders Equity26.9K62.2K24.5K274.0K642.2K610.1K
Other Stockholder Equity5.5M5.6M5.9M6.1M(77.9K)(74.0K)
Total Liab5.3M6.2M7.2M7.4M35.3K33.5K
Total Current Assets18.3K62.2K24.5K274.0K608.4K543.9K
Short Long Term Debt Total4.9M5.8M6.9M7.2M8.2M8.7M
Accounts Payable343.9K401.0K315.6K211.9K243.6K398.3K
Non Current Liabilities Total4.7M0.04.9M5.8M6.9M7.2M
Short Term Debt5.6M9.0K6.9M7.2M8.2M8.7M
Accumulated Other Comprehensive Income5.5M5.6M5.9M6.1M6.2M4.4M
Other Current Assets6.6K1.2K14.2K36.8K21.3K23.5K
Other Current Liab1.6M343.9K315.6K211.9K35.3K33.5K
Net Tangible Assets(5.2M)(6.1M)(7.1M)(7.1M)(6.4M)(6.1M)
Short Long Term Debt4.7M5.6M6.9M7.2M8.2M5.4M
Current Deferred Revenue(1.6M)(343.9K)(7.2M)(211.9K)(190.7K)(200.2K)
Net Invested Capital(325.9K)(338.8K)(291.1K)62.1K606.9K637.2K
Net Working Capital(334.5K)(338.8K)(291.1K)(7.1M)573.1K601.7K

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