TROX Stock | | | USD 12.29 0.18 1.49% |
Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Common Stock Shares Outstanding and its Net Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Common Stock Shares Outstanding vs Net Debt
Common Stock Shares Outstanding vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tronox Holdings PLC Common Stock Shares Outstanding account and
Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Tronox Holdings' Common Stock Shares Outstanding and Net Debt is 0.0. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Common Stock Shares Outstanding and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Tronox Holdings PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Tronox Holdings' Common Stock Shares Outstanding and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox Holdings PLC 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 Tronox Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Tronox Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas
Selling General Administrative is likely to drop slightly above 227.3
M in 2024.
Tronox Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Tronox Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tronox Holdings fundamental ratios Accounts
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Additional Tools for Tronox Stock Analysis
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