Tlou Reconciled Depreciation vs Other Operating Expenses Analysis
TOU Stock | 0.02 0 5.88% |
Tlou Energy financial indicator trend analysis is much more than just breaking down Tlou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tlou Energy is a good investment. Please check the relationship between Tlou Energy Reconciled Depreciation and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tlou Energy. 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.
Reconciled Depreciation vs Other Operating Expenses
Reconciled Depreciation vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tlou Energy Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tlou Energy's Reconciled Depreciation and Other Operating Expenses is -0.31. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Tlou Energy, assuming nothing else is changed. The correlation between historical values of Tlou Energy's Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Tlou Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Tlou Energy's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tlou Energy. It is also known as Tlou Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Tlou Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tlou Energy 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 Tlou Energy. 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 gain to about 953.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.5 M in 2024.
Tlou Energy fundamental ratios Correlations
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Tlou Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tlou Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Current Liab | 310.4K | 385.4K | 1.1M | 994.1K | 1.5M | 1.6M | |
Total Current Liabilities | 397.5K | 445.9K | 1.6M | 2.8M | 2.4M | 2.6M | |
Total Stockholder Equity | 51.5M | 56.3M | 50.5M | 58.4M | 62.6M | 32.7M | |
Accounts Payable | 87.0K | 47.3K | 446.0K | 1.8M | 462.1K | 317.3K | |
Cash | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.4M | |
Net Receivables | 206.8K | 267.3K | 424.2K | 1.3M | 497.7K | 366.2K | |
Total Liab | 511.5K | 633.1K | 9.1M | 13.2M | 14.9M | 15.7M | |
Common Stock | 99.8K | 99.8M | 106.8M | 121.5M | 130.0M | 136.5M | |
Property Plant Equipment | 49.4M | 49.7M | 49.6M | 61.8M | 71.1M | 47.7M | |
Other Current Assets | 87.7K | 269.5K | 603.1K | 1.1M | 660.4K | 350.7K | |
Property Plant And Equipment Net | 1.3M | 844.3K | 366.5K | 1.4M | 1.3M | 1.2M | |
Net Debt | (1.6M) | (6.3M) | (541.1K) | 3.3M | 10.2M | 10.7M | |
Retained Earnings | (43.1M) | (45.2M) | (49.5M) | (53.8M) | (58.0M) | (55.1M) | |
Non Current Assets Total | 50.1M | 50.3M | 51.1M | 62.3M | 73.9M | 77.6M | |
Other Assets | 0.0 | 626.4K | 1.6M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 1.6M | 6.4M | 7.9M | 6.8M | 2.5M | 3.8M | |
Common Stock Shares Outstanding | 450.2M | 538.3M | 600.2M | 803.5M | 1.1B | 1.2B | |
Liabilities And Stockholders Equity | 52.0M | 57.0M | 59.6M | 71.6M | 77.5M | 81.4M | |
Other Stockholder Equity | (2.3M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Total Current Assets | 1.9M | 6.7M | 8.5M | 9.3M | 3.7M | 4.4M | |
Accumulated Other Comprehensive Income | (5.1M) | (5.2M) | (6.7M) | (9.3M) | (9.4M) | (8.9M) | |
Net Tangible Assets | 51.5M | 56.3M | 50.5M | 58.4M | 67.2M | 60.3M | |
Non Currrent Assets Other | 48.9M | 49.5M | 49.8M | 60.9M | 72.6M | 76.2M | |
Non Current Liabilities Total | 114.0K | 187.2K | 7.5M | 10.4M | 12.5M | 13.1M | |
Property Plant And Equipment Gross | 49.4M | 53.1M | 53.4M | 5.2M | 5.1M | 4.9M | |
Net Invested Capital | 51.5M | 56.3M | 57.8M | 68.5M | 75.3M | 68.0M | |
Net Working Capital | 1.5M | 6.2M | 6.9M | 6.5M | 1.2M | 1.2M |
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