Teras Other Non Cash Items vs Free Cash Flow Analysis

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Teras Resources financial indicator trend analysis is much more than just breaking down Teras Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teras Resources is a good investment. Please check the relationship between Teras Resources Other Non Cash Items and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teras 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 board of governors.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teras Resources Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Teras Resources' Other Non Cash Items and Free Cash Flow is -0.69. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Teras Resources, assuming nothing else is changed. The correlation between historical values of Teras Resources' Other Non Cash Items and Free Cash Flow 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 Non Cash Items of Teras Resources are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Teras Resources' Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Other Non Cash Items

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Teras Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teras 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 Teras 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 board of governors.

Selling General Administrative is likely to climb to about 826.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 952.6 K in 2024.

Teras Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Assets	Non Currrent Assets Other	Non Current Assets Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Property Plant And Equipment Net	Other Assets	Property Plant And Equipment Gross	Capital Stock	Net Debt
Total Assets		0.05	-0.18	1.0	1.0	0.81	-0.02	-0.04	0.12	0.15	-0.18	0.03	-0.03	-0.17	-0.02	0.28	0.45	0.92	-0.67	0.92	0.29	0.92	0.66	-0.62	-0.73	0.56
Other Current Liab	0.05		0.55	0.04	0.04	0.52	0.78	0.75	0.52	0.83	0.55	0.87	0.74	-0.88	-0.82	0.59	0.56	0.34	-0.52	0.35	0.61	0.37	0.36	-0.3	-0.36	0.24
Total Current Liabilities	-0.18	0.55		-0.21	-0.21	-0.04	0.69	0.29	0.07	0.54	1.0	0.33	0.29	-0.27	-0.23	0.09	-0.14	-0.07	0.16	-0.07	-0.1	-0.07	-0.07	0.02	0.08	0.09
Total Stockholder Equity	1.0	0.04	-0.21		1.0	0.81	-0.04	-0.05	0.12	0.13	-0.21	0.02	-0.04	-0.17	-0.01	0.28	0.45	0.92	-0.67	0.92	0.29	0.91	0.66	-0.62	-0.73	0.56
Net Tangible Assets	1.0	0.04	-0.21	1.0		0.81	-0.04	-0.05	0.12	0.13	-0.21	0.02	-0.04	-0.17	-0.01	0.28	0.45	0.92	-0.67	0.92	0.29	0.91	0.66	-0.62	-0.73	0.56
Retained Earnings	0.81	0.52	-0.04	0.81	0.81		0.24	0.38	0.39	0.4	-0.04	0.56	0.39	-0.68	-0.57	0.59	0.74	0.96	-0.89	0.96	0.64	0.97	0.7	-0.61	-0.77	0.49
Accounts Payable	-0.02	0.78	0.69	-0.04	-0.04	0.24		0.31	0.11	0.81	0.69	0.5	0.31	-0.57	-0.42	0.08	0.34	0.13	-0.3	0.13	0.41	0.14	0.15	-0.13	-0.16	0.07
Cash	-0.04	0.75	0.29	-0.05	-0.05	0.38	0.31		0.91	0.69	0.29	0.87	1.0	-0.74	-0.76	0.67	0.43	0.2	-0.38	0.21	0.5	0.22	0.18	-0.18	-0.22	0.09
Net Receivables	0.12	0.52	0.07	0.12	0.12	0.39	0.11	0.91		0.62	0.07	0.74	0.92	-0.57	-0.57	0.65	0.38	0.27	-0.37	0.28	0.4	0.29	0.27	-0.23	-0.27	0.19
Other Stockholder Equity	0.15	0.83	0.54	0.13	0.13	0.4	0.81	0.69	0.62		0.54	0.67	0.69	-0.64	-0.49	0.35	0.44	0.28	-0.42	0.29	0.47	0.3	0.3	-0.24	-0.29	0.19
Total Liab	-0.18	0.55	1.0	-0.21	-0.21	-0.04	0.69	0.29	0.07	0.54		0.33	0.29	-0.27	-0.23	0.09	-0.14	-0.07	0.16	-0.07	-0.1	-0.07	-0.07	0.02	0.08	0.09
Long Term Investments	0.03	0.87	0.33	0.02	0.02	0.56	0.5	0.87	0.74	0.67	0.33		0.87	-0.93	-0.93	0.75	0.61	0.36	-0.57	0.37	0.67	0.39	0.38	-0.32	-0.39	0.25
Total Current Assets	-0.03	0.74	0.29	-0.04	-0.04	0.39	0.31	1.0	0.92	0.69	0.29	0.87		-0.74	-0.75	0.67	0.44	0.21	-0.39	0.21	0.5	0.23	0.18	-0.18	-0.23	0.09
Common Stock	-0.17	-0.88	-0.27	-0.17	-0.17	-0.68	-0.57	-0.74	-0.57	-0.64	-0.27	-0.93	-0.74		0.96	-0.7	-0.69	-0.5	0.75	-0.51	-0.71	-0.52	-0.46	0.48	0.57	-0.26
Property Plant Equipment	-0.02	-0.82	-0.23	-0.01	-0.01	-0.57	-0.42	-0.76	-0.57	-0.49	-0.23	-0.93	-0.75	0.96		-0.74	-0.58	-0.38	0.61	-0.39	-0.62	-0.4	-0.35	0.38	0.45	-0.19
Other Current Assets	0.28	0.59	0.09	0.28	0.28	0.59	0.08	0.67	0.65	0.35	0.09	0.75	0.67	-0.7	-0.74		0.5	0.54	-0.54	0.55	0.47	0.55	0.69	-0.68	-0.66	0.7
Non Currrent Assets Other	0.45	0.56	-0.14	0.45	0.45	0.74	0.34	0.43	0.38	0.44	-0.14	0.61	0.44	-0.69	-0.58	0.5		0.61	-0.87	0.62	0.92	0.64	0.62	-0.51	-0.62	0.39
Non Current Assets Total	0.92	0.34	-0.07	0.92	0.92	0.96	0.13	0.2	0.27	0.28	-0.07	0.36	0.21	-0.5	-0.38	0.54	0.61		-0.81	1.0	0.47	1.0	0.75	-0.69	-0.82	0.61
Common Stock Shares Outstanding	-0.67	-0.52	0.16	-0.67	-0.67	-0.89	-0.3	-0.38	-0.37	-0.42	0.16	-0.57	-0.39	0.75	0.61	-0.54	-0.87	-0.81		-0.81	-0.8	-0.83	-0.72	0.71	0.85	-0.43
Net Invested Capital	0.92	0.35	-0.07	0.92	0.92	0.96	0.13	0.21	0.28	0.29	-0.07	0.37	0.21	-0.51	-0.39	0.55	0.62	1.0	-0.81		0.48	1.0	0.75	-0.69	-0.82	0.61
Net Working Capital	0.29	0.61	-0.1	0.29	0.29	0.64	0.41	0.5	0.4	0.47	-0.1	0.67	0.5	-0.71	-0.62	0.47	0.92	0.47	-0.8	0.48		0.5	0.49	-0.42	-0.51	0.3
Property Plant And Equipment Net	0.92	0.37	-0.07	0.91	0.91	0.97	0.14	0.22	0.29	0.3	-0.07	0.39	0.23	-0.52	-0.4	0.55	0.64	1.0	-0.83	1.0	0.5		0.76	-0.69	-0.82	0.61
Other Assets	0.66	0.36	-0.07	0.66	0.66	0.7	0.15	0.18	0.27	0.3	-0.07	0.38	0.18	-0.46	-0.35	0.69	0.62	0.75	-0.72	0.75	0.49	0.76		-0.83	-0.86	0.87
Property Plant And Equipment Gross	-0.62	-0.3	0.02	-0.62	-0.62	-0.61	-0.13	-0.18	-0.23	-0.24	0.02	-0.32	-0.18	0.48	0.38	-0.68	-0.51	-0.69	0.71	-0.69	-0.42	-0.69	-0.83		0.97	-0.83
Capital Stock	-0.73	-0.36	0.08	-0.73	-0.73	-0.77	-0.16	-0.22	-0.27	-0.29	0.08	-0.39	-0.23	0.57	0.45	-0.66	-0.62	-0.82	0.85	-0.82	-0.51	-0.82	-0.86	0.97		-0.75
Net Debt	0.56	0.24	0.09	0.56	0.56	0.49	0.07	0.09	0.19	0.19	0.09	0.25	0.09	-0.26	-0.19	0.7	0.39	0.61	-0.43	0.61	0.3	0.61	0.87	-0.83	-0.75

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Teras Resources Account Relationship Matchups

Teras Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.5M	26.0M	26.7M	721.5K	829.8K	788.3K
Total Current Liabilities	285.3K	877.7K	1.0M	798.1K	718.3K	535.9K
Total Stockholder Equity	25.2M	25.1M	25.7M	(76.6K)	(88.1K)	(83.7K)
Net Tangible Assets	25.2M	25.1M	25.7M	(76.6K)	(88.1K)	(83.7K)
Retained Earnings	(23.1M)	(24.0M)	(24.7M)	(51.7M)	(46.5M)	(44.2M)
Accounts Payable	57.4K	57.9K	58.1K	111.0K	99.9K	137.4K
Cash	204.3K	334.2K	695.4K	618.1K	556.3K	932.9K
Net Receivables	22.2K	20.2K	20.8K	16.1K	14.5K	13.7K
Other Stockholder Equity	206.1K	231.5K	(99.7K)	44.7K	40.2K	38.2K
Total Liab	285.3K	877.7K	1.0M	798.1K	718.3K	535.9K
Long Term Investments	54.1K	27.5K	36.2K	50.6K	45.6K	43.3K
Total Current Assets	245.9K	374.1K	776.6K	651.9K	586.7K	995.2K
Common Stock	44.1M	44.8M	45.9M	46.9M	54.0M	41.9M
Property Plant Equipment	24.9M	25.2M	25.6M	25.8M	29.7M	22.8M
Non Currrent Assets Other	20.3K	20.7K	18.1K	19.0K	17.1K	16.2K
Non Current Assets Total	25.3M	25.6M	25.9M	69.6K	62.7K	59.5K
Common Stock Shares Outstanding	192.6M	206.4M	229.6M	251.1M	288.8M	222.8M
Net Invested Capital	25.2M	25.6M	26.2M	(76.6K)	(68.9K)	(65.5K)
Net Working Capital	(39.4K)	(503.7K)	(223.6K)	(146.2K)	(131.6K)	(125.0K)

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