Tanzanian Change To Operating Activities vs Begin Period Cash Flow Analysis

TRX Stock  USD 0.36  0.01  2.86%   
Tanzanian Royalty financial indicator trend analysis is much more than just breaking down Tanzanian Royalty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tanzanian Royalty is a good investment. Please check the relationship between Tanzanian Royalty Change To Operating Activities and its Begin Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanzanian Royalty Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change To Operating Activities vs Begin Period Cash Flow

Change To Operating Activities vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanzanian Royalty Change To Operating Activities account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tanzanian Royalty's Change To Operating Activities and Begin Period Cash Flow is -0.2. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Tanzanian Royalty Exploration, assuming nothing else is changed. The correlation between historical values of Tanzanian Royalty's Change To Operating Activities and Begin Period 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 Change To Operating Activities of Tanzanian Royalty Exploration are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Operating Activities i.e., Tanzanian Royalty's Change To Operating Activities and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Tanzanian Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tanzanian Royalty 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 Tanzanian Royalty Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Tanzanian Royalty's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 6.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 120.2 K in 2024.

Tanzanian Royalty fundamental ratios Correlations

0.60.770.950.97-0.57-0.680.820.490.98-0.250.490.870.860.610.870.87-0.690.820.880.870.280.620.760.44-0.5
0.60.650.570.53-0.46-0.650.480.350.56-0.160.350.60.710.020.620.64-0.620.530.450.6-0.150.560.610.45-0.46
0.770.650.550.76-0.1-0.780.950.070.79-0.010.070.90.920.390.910.9-0.410.950.770.580.280.730.80.8-0.07
0.950.570.550.91-0.7-0.560.60.60.91-0.340.60.710.720.530.710.71-0.770.60.80.850.140.510.650.21-0.63
0.970.530.760.91-0.39-0.680.810.330.99-0.110.330.810.810.540.810.8-0.720.780.960.720.230.680.780.43-0.37
-0.57-0.46-0.1-0.7-0.390.29-0.13-0.95-0.40.55-0.95-0.3-0.36-0.51-0.32-0.340.49-0.23-0.21-0.85-0.210.0-0.250.060.71
-0.68-0.65-0.78-0.56-0.680.29-0.67-0.32-0.670.11-0.32-0.64-0.83-0.4-0.65-0.650.52-0.77-0.69-0.58-0.4-0.74-0.92-0.80.01
0.820.480.950.60.81-0.13-0.670.080.84-0.090.080.940.90.50.950.94-0.390.950.80.620.320.70.740.7-0.18
0.490.350.070.60.33-0.95-0.320.080.32-0.451.00.180.290.620.210.23-0.40.250.180.810.4-0.090.270.0-0.49
0.980.560.790.910.99-0.4-0.670.840.32-0.140.320.860.840.530.860.85-0.690.810.940.740.210.690.770.44-0.42
-0.25-0.16-0.01-0.34-0.110.550.11-0.09-0.45-0.14-0.45-0.29-0.25-0.01-0.23-0.260.310.010.0-0.470.180.1-0.160.070.48
0.490.350.070.60.33-0.95-0.320.081.00.32-0.450.180.290.620.210.23-0.40.250.180.810.4-0.090.270.0-0.49
0.870.60.90.710.81-0.3-0.640.940.180.86-0.290.180.930.380.980.99-0.470.860.750.710.130.70.70.6-0.41
0.860.710.920.720.81-0.36-0.830.90.290.84-0.250.290.930.420.940.94-0.520.890.780.750.250.80.870.77-0.31
0.610.020.390.530.54-0.51-0.40.50.620.53-0.010.620.380.420.420.41-0.180.650.490.690.870.140.410.3-0.09
0.870.620.910.710.81-0.32-0.650.950.210.86-0.230.210.980.940.421.0-0.460.880.750.740.180.710.710.62-0.42
0.870.640.90.710.8-0.34-0.650.940.230.85-0.260.230.990.940.411.0-0.450.880.720.740.170.70.690.62-0.44
-0.69-0.62-0.41-0.77-0.720.490.52-0.39-0.4-0.690.31-0.4-0.47-0.52-0.18-0.46-0.45-0.37-0.71-0.550.13-0.43-0.64-0.050.49
0.820.530.950.60.78-0.23-0.770.950.250.810.010.250.860.890.650.880.88-0.370.780.690.540.650.790.78-0.08
0.880.450.770.80.96-0.21-0.690.80.180.940.00.180.750.780.490.750.72-0.710.780.580.260.70.840.48-0.18
0.870.60.580.850.72-0.85-0.580.620.810.74-0.470.810.710.750.690.740.74-0.550.690.580.380.350.60.36-0.59
0.28-0.150.280.140.23-0.21-0.40.320.40.210.180.40.130.250.870.180.170.130.540.260.380.10.350.450.31
0.620.560.730.510.680.0-0.740.7-0.090.690.1-0.090.70.80.140.710.7-0.430.650.70.350.10.770.7-0.16
0.760.610.80.650.78-0.25-0.920.740.270.77-0.160.270.70.870.410.710.69-0.640.790.840.60.350.770.76-0.03
0.440.450.80.210.430.06-0.80.70.00.440.070.00.60.770.30.620.62-0.050.780.480.360.450.70.760.3
-0.5-0.46-0.07-0.63-0.370.710.01-0.18-0.49-0.420.48-0.49-0.41-0.31-0.09-0.42-0.440.49-0.08-0.18-0.590.31-0.16-0.030.3
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Tanzanian Royalty Account Relationship Matchups

Tanzanian Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.1M56.5M71.8M84.2M96.8M101.7M
Other Current Liab1.5M5.7M6.8M3.5M4.1M4.3M
Total Current Liabilities8.1M7.4M17.3M17.8M20.5M21.5M
Total Stockholder Equity19.2M48.0M48.8M53.9M62.0M65.1M
Property Plant And Equipment Net25.0M41.1M51.6M64.1M73.7M77.4M
Net Debt841.4K(13.4M)(8.5M)(7.5M)(6.8M)(6.4M)
Retained Earnings(87.0M)(117.5M)(123.7M)(121.5M)(109.4M)(103.9M)
Accounts Payable3.8M1.7M7.9M11.6M13.3M14.0M
Cash3.1M13.4M8.5M7.6M8.8M5.0M
Non Current Assets Total25.0M41.1M56.0M67.0M77.1M80.9M
Cash And Short Term Investments3.1M13.4M8.5M7.6M8.8M5.0M
Net Receivables546.0K460K2.5M3.1M3.6M3.8M
Common Stock Shares Outstanding166.5M232.2M267.0M288.5M331.8M348.4M
Liabilities And Stockholders Equity29.1M56.5M71.8M84.2M96.8M101.7M
Non Current Liabilities Total2.0M2.7M3.4M5.3M6.1M6.4M
Inventory553.4K1.2M3.6M5.0M5.7M6.0M
Other Current Assets78K332K1.2M1.5M1.7M1.8M
Other Stockholder Equity3.4M1.5M27.3K101.2K91.1K86.5K
Total Liab10.1M10.1M20.7M23.1M26.6M27.9M
Property Plant And Equipment Gross42.8M42.9M53.9M68.1M78.3M82.2M
Total Current Assets4.1M15.4M15.9M17.2M19.8M20.8M
Accumulated Other Comprehensive Income(581.7K)5.8M8.5M10.5M12.1M12.7M
Other Liab5.2M3.5M2.7M3.4M4.0M4.1M
Net Tangible Assets17.8M32.8M48.0M48.8M56.1M58.9M
Short Term Debt5.8M5.2M3.9M65K74.8K71.0K
Common Stock104.1M158.1M163.9M164.8M189.5M199.0M
Property Plant Equipment33.5M42.8M41.1M51.6M59.4M34.9M
Short Long Term Debt Total5.8M5.2M3.9M101K116.2K110.3K
Capital Lease Obligations67.8K78.8K88.2K101K90.9K76.3K
Net Invested Capital39.5M48.0M48.8M53.9M62.0M46.7M
Net Working Capital(6.8M)8.0M(1.4M)(617K)(709.6K)(745.0K)
Capital Stock136.4M158.1M163.9M164.8M189.5M151.7M

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