Torq Free Cash Flow Per Share vs Average Payables Analysis

TORQ Stock

CAD 0.06 0.01 14.29%

Torq Resources financial indicator trend analysis is much more than just breaking down Torq Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torq Resources is a good investment. Please check the relationship between Torq Resources Free Cash Flow Per Share and its Average Payables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Free Cash Flow Per Share vs Average Payables

Free Cash Flow Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torq Resources Free Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Torq Resources' Free Cash Flow Per Share and Average Payables is 0.18. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Torq Resources, assuming nothing else is changed. The correlation between historical values of Torq Resources' Free Cash Flow Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Torq Resources are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Per Share i.e., Torq Resources' Free Cash Flow Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Torq Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torq Resources 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 Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, Torq Resources' Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.31).

Torq Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Other Stockholder Equity	Other Current Assets	Net Receivables	Intangible Assets	Non Currrent Assets Other	Inventory	Net Tangible Assets	Property Plant Equipment	Other Assets
Total Assets		0.05	0.98	-0.77	-0.12	0.79	0.47	0.79	0.06	0.1	0.81	0.48	-0.03	0.31	0.5	0.49	0.14	-0.37	0.14	0.42	0.14	0.12	0.2	0.65	0.17	-0.37
Total Current Liabilities	0.05		-0.13	0.36	-0.58	-0.25	0.41	-0.25	0.77	0.9	-0.22	0.42	0.8	0.35	0.1	0.36	0.78	0.34	0.57	0.18	-0.46	-0.5	0.1	0.02	0.57	-0.04
Total Stockholder Equity	0.98	-0.13		-0.82	0.04	0.81	0.42	0.81	-0.14	-0.1	0.83	0.38	-0.21	0.18	0.42	0.45	0.0	-0.37	0.0	0.43	0.29	0.19	0.13	0.58	-0.01	-0.31
Net Debt	-0.77	0.36	-0.82		0.02	-0.99	0.17	-0.99	0.18	0.23	-0.99	-0.42	0.18	-0.29	-0.53	0.14	0.33	0.51	0.13	0.07	-0.39	-0.23	-0.34	-0.71	0.0	0.5
Retained Earnings	-0.12	-0.58	0.04	0.02		-0.14	0.08	-0.14	-0.79	-0.76	-0.16	-0.83	-0.77	-0.95	-0.75	0.14	-0.45	0.2	-0.77	0.35	0.68	0.45	-0.7	-0.6	-0.92	0.65
Cash	0.79	-0.25	0.81	-0.99	-0.14		-0.16	1.0	-0.04	-0.09	1.0	0.51	-0.06	0.39	0.6	-0.13	-0.25	-0.53	-0.04	-0.1	0.29	0.2	0.41	0.78	0.13	-0.56
Non Current Assets Total	0.47	0.41	0.42	0.17	0.08	-0.16		-0.16	0.12	0.25	-0.12	0.01	0.0	-0.13	-0.1	0.99	0.52	0.19	0.2	0.83	-0.13	-0.08	-0.28	-0.11	0.02	0.23
Cash And Short Term Investments	0.79	-0.25	0.81	-0.99	-0.14	1.0	-0.16		-0.04	-0.09	1.0	0.51	-0.06	0.39	0.6	-0.13	-0.25	-0.53	-0.04	-0.1	0.29	0.2	0.41	0.78	0.13	-0.56
Non Current Liabilities Total	0.06	0.77	-0.14	0.18	-0.79	-0.04	0.12	-0.04		0.97	-0.03	0.55	0.9	0.66	0.44	0.05	0.52	-0.12	0.61	-0.26	-0.75	-0.2	0.42	0.42	0.88	-0.35
Total Liab	0.1	0.9	-0.1	0.23	-0.76	-0.09	0.25	-0.09	0.97		-0.07	0.55	0.9	0.6	0.36	0.18	0.68	0.01	0.66	-0.08	-0.69	-0.31	0.32	0.32	0.83	-0.28
Total Current Assets	0.81	-0.22	0.83	-0.99	-0.16	1.0	-0.12	1.0	-0.03	-0.07		0.53	-0.05	0.41	0.62	-0.1	-0.2	-0.53	0.0	-0.07	0.28	0.19	0.4	0.79	0.15	-0.56
Common Stock	0.48	0.42	0.38	-0.42	-0.83	0.51	0.01	0.51	0.55	0.55	0.53		0.57	0.85	0.81	0.01	0.33	-0.32	0.62	-0.17	-0.22	-0.36	0.66	0.8	0.72	-0.71
Other Current Liab	-0.03	0.8	-0.21	0.18	-0.77	-0.06	0.0	-0.06	0.9	0.9	-0.05	0.57		0.6	0.35	-0.05	0.46	0.05	0.56	-0.36	-0.54	-0.38	0.5	0.28	0.78	-0.39
Common Stock Shares Outstanding	0.31	0.35	0.18	-0.29	-0.95	0.39	-0.13	0.39	0.66	0.6	0.41	0.85	0.6		0.91	-0.19	0.3	-0.42	0.72	-0.36	-0.6	-0.29	0.77	0.78	0.88	-0.77
Short Long Term Debt Total	0.5	0.1	0.42	-0.53	-0.75	0.6	-0.1	0.6	0.44	0.36	0.62	0.81	0.35	0.91		-0.14	0.13	-0.7	0.68	-0.27	-0.37	-0.08	0.68	0.84	0.74	-0.76
Property Plant And Equipment Net	0.49	0.36	0.45	0.14	0.14	-0.13	0.99	-0.13	0.05	0.18	-0.1	0.01	-0.05	-0.19	-0.14		0.47	0.19	0.15	0.85	-0.02	-0.06	-0.31	-0.12	-0.05	0.26
Accounts Payable	0.14	0.78	0.0	0.33	-0.45	-0.25	0.52	-0.25	0.52	0.68	-0.2	0.33	0.46	0.3	0.13	0.47		0.22	0.69	0.42	-0.46	-0.33	0.0	0.05	0.46	-0.07
Other Stockholder Equity	-0.37	0.34	-0.37	0.51	0.2	-0.53	0.19	-0.53	-0.12	0.01	-0.53	-0.32	0.05	-0.42	-0.7	0.19	0.22		-0.33	0.23	0.07	-0.56	-0.27	-0.63	-0.36	0.4
Other Current Assets	0.14	0.57	0.0	0.13	-0.77	-0.04	0.2	-0.04	0.61	0.66	0.0	0.62	0.56	0.72	0.68	0.15	0.69	-0.33		0.0	-0.56	-0.33	0.35	0.35	0.8	-0.42
Net Receivables	0.42	0.18	0.43	0.07	0.35	-0.1	0.83	-0.1	-0.26	-0.08	-0.07	-0.17	-0.36	-0.36	-0.27	0.85	0.42	0.23	0.0		0.18	0.06	-0.58	-0.24	-0.36	0.45
Intangible Assets	0.14	-0.46	0.29	-0.39	0.68	0.29	-0.13	0.29	-0.75	-0.69	0.28	-0.22	-0.54	-0.6	-0.37	-0.02	-0.46	0.07	-0.56	0.18		0.15	-0.35	-0.23	-0.74	0.26
Non Currrent Assets Other	0.12	-0.5	0.19	-0.23	0.45	0.2	-0.08	0.2	-0.2	-0.31	0.19	-0.36	-0.38	-0.29	-0.08	-0.06	-0.33	-0.56	-0.33	0.06	0.15		-0.23	0.13	-0.3	0.15
Inventory	0.2	0.1	0.13	-0.34	-0.7	0.41	-0.28	0.41	0.42	0.32	0.4	0.66	0.5	0.77	0.68	-0.31	0.0	-0.27	0.35	-0.58	-0.35	-0.23		0.63	0.61	-0.86
Net Tangible Assets	0.65	0.02	0.58	-0.71	-0.6	0.78	-0.11	0.78	0.42	0.32	0.79	0.8	0.28	0.78	0.84	-0.12	0.05	-0.63	0.35	-0.24	-0.23	0.13	0.63		0.6	-0.73
Property Plant Equipment	0.17	0.57	-0.01	0.0	-0.92	0.13	0.02	0.13	0.88	0.83	0.15	0.72	0.78	0.88	0.74	-0.05	0.46	-0.36	0.8	-0.36	-0.74	-0.3	0.61	0.6		-0.62
Other Assets	-0.37	-0.04	-0.31	0.5	0.65	-0.56	0.23	-0.56	-0.35	-0.28	-0.56	-0.71	-0.39	-0.77	-0.76	0.26	-0.07	0.4	-0.42	0.45	0.26	0.15	-0.86	-0.73	-0.62

Click cells to compare fundamentals

Torq Resources Account Relationship Matchups

Torq Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.1M	9.1M	4.0M	15.6M	4.2M	5.1M
Total Current Liabilities	219.3K	202.9K	676.5K	1.6M	1.2M	1.3M
Total Stockholder Equity	10.8M	8.9M	3.3M	12.0M	1.0M	986.0K
Net Debt	(10.8M)	(8.7M)	(1.9M)	(10.5M)	1.5M	1.6M
Retained Earnings	(46.6M)	(48.7M)	(55.1M)	(66.9M)	(86.1M)	(81.8M)
Cash	10.8M	8.7M	1.9M	12.5M	488.0K	463.6K
Cash And Short Term Investments	10.8M	8.7M	1.9M	12.5M	488.0K	463.6K
Liabilities And Stockholders Equity	11.1M	9.1M	4.0M	15.6M	4.2M	5.1M
Non Current Liabilities Total	151.0K	68.2K	0.0	2.0M	2.0M	2.1M
Total Liab	219.3K	202.9K	676.5K	3.6M	3.2M	3.3M
Total Current Assets	11.1M	9.1M	2.7M	13.0M	1.1M	1.0M
Other Current Liab	219.3K	202.9K	676.5K	1.6M	1.2M	1.3M
Accounts Payable	50.4K	42.9K	81.3K	676.5K	778.0K	816.9K
Other Stockholder Equity	8.4M	8.6M	9.4M	10.6M	12.2M	16.0M
Other Current Assets	187.8K	303.8K	664.4K	466.1K	559.0K	587.0K
Accumulated Other Comprehensive Income	(19.0)	(1.3K)	(52.3K)	89.8K	14.0M	14.7M
Net Receivables	24.9K	43.0K	150.3K	65.9K	37.1K	35.3K
Net Tangible Assets	10.8M	8.9M	3.3M	12.0M	13.8M	7.6M
Net Invested Capital	10.8M	8.9M	3.3M	14.0M	3.0M	2.9M
Net Working Capital	10.8M	8.9M	2.0M	11.4M	(114.8K)	(109.1K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Torq Stock Analysis

When running Torq Resources' price analysis, check to measure Torq Resources' 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 Torq Resources is operating at the current time. Most of Torq Resources' value examination focuses on studying past and present price action to predict the probability of Torq Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torq Resources' price. Additionally, you may evaluate how the addition of Torq Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC