Tanzanian End Period Cash Flow vs Stock Based Compensation 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 End Period Cash Flow and its Stock Based Compensation 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.
End Period Cash Flow vs Stock Based Compensation
End Period Cash Flow vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tanzanian Royalty End Period Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tanzanian Royalty's End Period Cash Flow and Stock Based Compensation is 0.31. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation 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 End Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Tanzanian Royalty Exploration are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Tanzanian Royalty's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
End Period Cash Flow
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.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
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Tanzanian Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tanzanian Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.1M | 56.5M | 71.8M | 84.2M | 96.8M | 101.7M | |
Other Current Liab | 1.5M | 5.7M | 6.8M | 3.5M | 4.1M | 4.3M | |
Total Current Liabilities | 8.1M | 7.4M | 17.3M | 17.8M | 20.5M | 21.5M | |
Total Stockholder Equity | 19.2M | 48.0M | 48.8M | 53.9M | 62.0M | 65.1M | |
Property Plant And Equipment Net | 25.0M | 41.1M | 51.6M | 64.1M | 73.7M | 77.4M | |
Net Debt | 841.4K | (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 Payable | 3.8M | 1.7M | 7.9M | 11.6M | 13.3M | 14.0M | |
Cash | 3.1M | 13.4M | 8.5M | 7.6M | 8.8M | 5.0M | |
Non Current Assets Total | 25.0M | 41.1M | 56.0M | 67.0M | 77.1M | 80.9M | |
Cash And Short Term Investments | 3.1M | 13.4M | 8.5M | 7.6M | 8.8M | 5.0M | |
Net Receivables | 546.0K | 460K | 2.5M | 3.1M | 3.6M | 3.8M | |
Common Stock Shares Outstanding | 166.5M | 232.2M | 267.0M | 288.5M | 331.8M | 348.4M | |
Liabilities And Stockholders Equity | 29.1M | 56.5M | 71.8M | 84.2M | 96.8M | 101.7M | |
Non Current Liabilities Total | 2.0M | 2.7M | 3.4M | 5.3M | 6.1M | 6.4M | |
Inventory | 553.4K | 1.2M | 3.6M | 5.0M | 5.7M | 6.0M | |
Other Current Assets | 78K | 332K | 1.2M | 1.5M | 1.7M | 1.8M | |
Other Stockholder Equity | 3.4M | 1.5M | 27.3K | 101.2K | 91.1K | 86.5K | |
Total Liab | 10.1M | 10.1M | 20.7M | 23.1M | 26.6M | 27.9M | |
Property Plant And Equipment Gross | 42.8M | 42.9M | 53.9M | 68.1M | 78.3M | 82.2M | |
Total Current Assets | 4.1M | 15.4M | 15.9M | 17.2M | 19.8M | 20.8M | |
Accumulated Other Comprehensive Income | (581.7K) | 5.8M | 8.5M | 10.5M | 12.1M | 12.7M | |
Other Liab | 5.2M | 3.5M | 2.7M | 3.4M | 4.0M | 4.1M | |
Net Tangible Assets | 17.8M | 32.8M | 48.0M | 48.8M | 56.1M | 58.9M | |
Short Term Debt | 5.8M | 5.2M | 3.9M | 65K | 74.8K | 71.0K | |
Common Stock | 104.1M | 158.1M | 163.9M | 164.8M | 189.5M | 199.0M | |
Property Plant Equipment | 33.5M | 42.8M | 41.1M | 51.6M | 59.4M | 34.9M | |
Short Long Term Debt Total | 5.8M | 5.2M | 3.9M | 101K | 116.2K | 110.3K | |
Capital Lease Obligations | 67.8K | 78.8K | 88.2K | 101K | 90.9K | 76.3K | |
Net Invested Capital | 39.5M | 48.0M | 48.8M | 53.9M | 62.0M | 46.7M | |
Net Working Capital | (6.8M) | 8.0M | (1.4M) | (617K) | (709.6K) | (745.0K) | |
Capital Stock | 136.4M | 158.1M | 163.9M | 164.8M | 189.5M | 151.7M |
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When running Tanzanian Royalty's price analysis, check to measure Tanzanian Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanzanian Royalty is operating at the current time. Most of Tanzanian Royalty's value examination focuses on studying past and present price action to predict the probability of Tanzanian Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanzanian Royalty's price. Additionally, you may evaluate how the addition of Tanzanian Royalty to your portfolios can decrease your overall portfolio volatility.