TNR Other Current Liab vs Cash And Short Term Investments 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 Other Current Liab and its Cash And Short Term Investments 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.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TNR Gold Corp Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between TNR Gold's Other Current Liab and Cash And Short Term Investments is -0.13. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments 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 Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of TNR Gold Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., TNR Gold's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

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Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TNR Gold Corp balance sheet. This account contains TNR Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TNR Gold Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Non Current Liabilities Total	Short Term Debt	Inventory	Other Current Assets	Other Current Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.1	0.91	0.99	-0.21	0.52	0.42	1.0	-0.03	0.58	-0.11	-0.1	0.15	0.96	-0.09	0.59	0.0	-0.48	0.15	-0.05	-0.57	-0.04	0.5	0.13	0.89	-0.58
Total Current Liabilities	0.1		-0.12	0.07	0.49	-0.21	-0.11	0.05	-0.11	0.28	0.44	0.16	0.1	0.17	0.49	0.42	0.24	0.08	-0.07	0.21	0.14	-0.21	0.03	0.49	0.0	0.04
Total Stockholder Equity	0.91	-0.12		0.89	-0.59	0.68	0.5	0.91	0.13	0.51	-0.17	-0.27	0.07	0.77	-0.49	0.5	-0.2	-0.5	-0.01	-0.36	-0.51	0.14	0.55	0.03	0.87	-0.56
Property Plant And Equipment Net	0.99	0.07	0.89		-0.18	0.46	0.45	1.0	-0.12	0.51	-0.12	-0.03	0.1	0.97	-0.05	0.52	0.06	-0.45	0.19	0.0	-0.55	-0.1	0.52	0.13	0.85	-0.56
Net Debt	-0.21	0.49	-0.59	-0.18		-0.57	-0.44	-0.22	-0.31	-0.04	0.21	0.39	0.13	0.03	0.99	0.0	0.41	0.2	0.25	0.76	0.08	-0.37	-0.32	0.23	-0.32	0.18
Retained Earnings	0.52	-0.21	0.68	0.46	-0.57		0.11	0.54	0.77	0.14	-0.14	-0.77	-0.03	0.31	-0.55	0.12	-0.84	-0.76	-0.28	-0.45	-0.64	0.81	0.19	0.08	0.81	-0.56
Cash	0.42	-0.11	0.5	0.45	-0.44	0.11		0.43	-0.26	0.07	-0.14	0.27	-0.4	0.31	-0.33	0.08	0.18	0.17	0.02	-0.21	0.05	-0.19	0.42	-0.29	0.19	0.14
Non Current Assets Total	1.0	0.05	0.91	1.0	-0.22	0.54	0.43		-0.02	0.51	-0.14	-0.11	0.1	0.95	-0.1	0.51	-0.03	-0.51	0.14	-0.03	-0.59	-0.01	0.53	0.12	0.89	-0.59
Non Currrent Assets Other	-0.03	-0.11	0.13	-0.12	-0.31	0.77	-0.26	-0.02		0.02	-0.14	-0.87	0.08	-0.21	-0.37	-0.05	-0.93	-0.57	-0.3	-0.3	-0.4	0.93	-0.26	-0.03	0.4	-0.32
Cash And Short Term Investments	0.58	0.28	0.51	0.51	-0.04	0.14	0.07	0.51	0.02		-0.17	-0.01	0.57	0.58	0.01	0.94	0.18	-0.02	0.27	-0.02	-0.17	-0.21	0.01	-0.13	0.5	-0.27
Net Receivables	-0.11	0.44	-0.17	-0.12	0.21	-0.14	-0.14	-0.14	-0.14	-0.17		0.06	-0.17	-0.1	0.18	0.17	0.07	0.07	-0.14	-0.39	0.11	-0.07	-0.09	0.84	-0.13	0.01
Common Stock Shares Outstanding	-0.1	0.16	-0.27	-0.03	0.39	-0.77	0.27	-0.11	-0.87	-0.01	0.06		-0.07	0.08	0.43	0.01	0.86	0.62	0.22	0.39	0.47	-0.82	0.1	-0.07	-0.49	0.58
Short Term Investments	0.15	0.1	0.07	0.1	0.13	-0.03	-0.4	0.1	0.08	0.57	-0.17	-0.07		0.22	0.15	0.48	0.14	-0.26	0.55	0.1	-0.23	-0.18	-0.21	-0.08	0.23	-0.5
Other Stockholder Equity	0.96	0.17	0.77	0.97	0.03	0.31	0.31	0.95	-0.21	0.58	-0.1	0.08	0.22		0.15	0.58	0.19	-0.38	0.32	0.14	-0.52	-0.23	0.4	0.17	0.79	-0.55
Total Liab	-0.09	0.49	-0.49	-0.05	0.99	-0.55	-0.33	-0.1	-0.37	0.01	0.18	0.43	0.15	0.15		0.04	0.47	0.18	0.34	0.77	0.03	-0.43	-0.27	0.21	-0.23	0.11
Total Current Assets	0.59	0.42	0.5	0.52	0.0	0.12	0.08	0.51	-0.05	0.94	0.17	0.01	0.48	0.58	0.04		0.22	-0.01	0.2	-0.16	-0.15	-0.25	0.05	0.15	0.48	-0.28
Common Stock	0.0	0.24	-0.2	0.06	0.41	-0.84	0.18	-0.03	-0.93	0.18	0.07	0.86	0.14	0.19	0.47	0.22		0.59	0.39	0.41	0.42	-1.0	0.14	-0.04	-0.42	0.32
Short Long Term Debt Total	-0.48	0.08	-0.5	-0.45	0.2	-0.76	0.17	-0.51	-0.57	-0.02	0.07	0.62	-0.26	-0.38	0.18	-0.01	0.59		0.12	0.07	0.82	-0.56	-0.3	-0.29	-0.74	0.78
Accounts Payable	0.15	-0.07	-0.01	0.19	0.25	-0.28	0.02	0.14	-0.3	0.27	-0.14	0.22	0.55	0.32	0.34	0.2	0.39	0.12		0.14	-0.08	-0.43	-0.46	-0.11	0.09	-0.36
Non Current Liabilities Total	-0.05	0.21	-0.36	0.0	0.76	-0.45	-0.21	-0.03	-0.3	-0.02	-0.39	0.39	0.1	0.14	0.77	-0.16	0.41	0.07	0.14		0.0	-0.36	0.06	-0.24	-0.21	0.18
Short Term Debt	-0.57	0.14	-0.51	-0.55	0.08	-0.64	0.05	-0.59	-0.4	-0.17	0.11	0.47	-0.23	-0.52	0.03	-0.15	0.42	0.82	-0.08	0.0		-0.38	-0.16	-0.13	-0.75	0.76
Inventory	-0.04	-0.21	0.14	-0.1	-0.37	0.81	-0.19	-0.01	0.93	-0.21	-0.07	-0.82	-0.18	-0.23	-0.43	-0.25	-1.0	-0.56	-0.43	-0.36	-0.38		-0.15	0.03	0.38	-0.24
Other Current Assets	0.5	0.03	0.55	0.52	-0.32	0.19	0.42	0.53	-0.26	0.01	-0.09	0.1	-0.21	0.4	-0.27	0.05	0.14	-0.3	-0.46	0.06	-0.16	-0.15		0.04	0.28	-0.11
Other Current Liab	0.13	0.49	0.03	0.13	0.23	0.08	-0.29	0.12	-0.03	-0.13	0.84	-0.07	-0.08	0.17	0.21	0.15	-0.04	-0.29	-0.11	-0.24	-0.13	0.03	0.04		0.16	-0.27
Net Tangible Assets	0.89	0.0	0.87	0.85	-0.32	0.81	0.19	0.89	0.4	0.5	-0.13	-0.49	0.23	0.79	-0.23	0.48	-0.42	-0.74	0.09	-0.21	-0.75	0.38	0.28	0.16		-0.76
Long Term Debt	-0.58	0.04	-0.56	-0.56	0.18	-0.56	0.14	-0.59	-0.32	-0.27	0.01	0.58	-0.5	-0.55	0.11	-0.28	0.32	0.78	-0.36	0.18	0.76	-0.24	-0.11	-0.27	-0.76

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TNR Gold Account Relationship Matchups

TNR Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.9K	62.2K	24.5K	274.0K	642.2K	610.1K
Total Current Liabilities	352.8K	401.0K	315.6K	7.4M	35.3K	33.5K
Total Stockholder Equity	(5.2M)	(6.1M)	(7.1M)	(7.1M)	606.9K	576.5K
Net Debt	4.9M	5.8M	6.9M	6.9M	(581.7K)	(552.6K)
Retained Earnings	(46.3M)	(47.8M)	(49.8M)	(50.1M)	(42.2M)	(44.3M)
Cash	1.9K	44.7K	1.1K	233.4K	581.7K	294.7K
Cash And Short Term Investments	8.6K	57.2K	7.1K	235.1K	581.9K	460.2K
Net Receivables	3.1K	3.7K	3.3K	2.2K	5.2K	4.9K
Short Term Investments	6.7K	12.5K	6.0K	1.6K	217.0	206.15
Liabilities And Stockholders Equity	26.9K	62.2K	24.5K	274.0K	642.2K	610.1K
Other Stockholder Equity	5.5M	5.6M	5.9M	6.1M	(77.9K)	(74.0K)
Total Liab	5.3M	6.2M	7.2M	7.4M	35.3K	33.5K
Total Current Assets	18.3K	62.2K	24.5K	274.0K	608.4K	543.9K
Short Long Term Debt Total	4.9M	5.8M	6.9M	7.2M	8.2M	8.7M
Accounts Payable	343.9K	401.0K	315.6K	211.9K	243.6K	398.3K
Non Current Liabilities Total	4.7M	0.0	4.9M	5.8M	6.9M	7.2M
Short Term Debt	5.6M	9.0K	6.9M	7.2M	8.2M	8.7M
Accumulated Other Comprehensive Income	5.5M	5.6M	5.9M	6.1M	6.2M	4.4M
Other Current Assets	6.6K	1.2K	14.2K	36.8K	21.3K	23.5K
Other Current Liab	1.6M	343.9K	315.6K	211.9K	35.3K	33.5K
Net Tangible Assets	(5.2M)	(6.1M)	(7.1M)	(7.1M)	(6.4M)	(6.1M)
Short Long Term Debt	4.7M	5.6M	6.9M	7.2M	8.2M	5.4M
Current Deferred Revenue	(1.6M)	(343.9K)	(7.2M)	(211.9K)	(190.7K)	(200.2K)
Net Invested Capital	(325.9K)	(338.8K)	(291.1K)	62.1K	606.9K	637.2K
Net Working Capital	(334.5K)	(338.8K)	(291.1K)	(7.1M)	573.1K	601.7K

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