Teras Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teras Resources Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Teras Resources' Property Plant And Equipment Net and Accounts Payable is 0.14. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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' Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Teras Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Teras Resources' Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Teras Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Teras Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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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