Tsodilo Net Debt vs Total Current Assets Analysis

TSD Stock

CAD 0.17 0.01 6.25%

Tsodilo Resources financial indicator trend analysis is much more than just breaking down Tsodilo Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsodilo Resources is a good investment. Please check the relationship between Tsodilo Resources Net Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsodilo Resources Limited. 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tsodilo Resources Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tsodilo Resources' Net Debt and Total Current Assets is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Tsodilo Resources Limited, assuming nothing else is changed. The correlation between historical values of Tsodilo Resources' Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Tsodilo Resources Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Tsodilo Resources' Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Issuance Of Capital Stock is likely to climb to about 395.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 870.5 K in 2024.

Tsodilo 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	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Current Assets	Net Invested Capital	Net Working Capital	Net Debt	Long Term Debt	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.9	-0.63	0.97	0.99	0.91	-0.66	0.16	0.17	0.92	-0.65	0.16	-0.79	0.93	-0.59	-0.7	-0.53	0.32	0.61	0.65	-0.58	0.32	-0.41	0.52	0.52	-0.44
Other Current Liab	-0.9		0.42	-0.82	-0.91	-0.82	0.52	0.03	-0.04	-0.85	0.45	0.03	0.81	-0.9	0.59	0.72	0.32	-0.02	-0.45	-0.52	0.48	-0.02	0.09	-0.28	-0.28	0.3
Total Current Liabilities	-0.63	0.42		-0.79	-0.63	-0.77	0.96	-0.42	-0.44	-0.65	0.99	-0.44	0.75	-0.44	0.51	0.72	0.92	-0.72	-0.94	-0.95	0.94	-0.72	0.82	-0.93	-0.93	0.79
Total Stockholder Equity	0.97	-0.82	-0.79		0.96	0.95	-0.81	0.25	0.27	0.91	-0.81	0.26	-0.84	0.86	-0.62	-0.76	-0.69	0.49	0.76	0.79	-0.72	0.49	-0.59	0.69	0.69	-0.57
Net Tangible Assets	0.99	-0.91	-0.63	0.96		0.9	-0.69	0.21	0.24	0.93	-0.66	0.22	-0.79	0.91	-0.64	-0.74	-0.5	0.27	0.6	0.68	-0.59	0.27	-0.37	0.48	0.49	-0.39
Retained Earnings	0.91	-0.82	-0.77	0.95	0.9		-0.84	0.14	0.15	0.93	-0.8	0.15	-0.93	0.84	-0.76	-0.85	-0.69	0.51	0.77	0.83	-0.73	0.51	-0.62	0.69	0.69	-0.53
Accounts Payable	-0.66	0.52	0.96	-0.81	-0.69	-0.84		-0.35	-0.44	-0.75	0.96	-0.37	0.82	-0.51	0.63	0.79	0.88	-0.63	-0.92	-0.97	0.9	-0.63	0.76	-0.86	-0.87	0.67
Cash	0.16	0.03	-0.42	0.25	0.21	0.14	-0.35		0.41	0.14	-0.44	1.0	-0.06	-0.19	-0.39	-0.43	-0.31	0.19	0.38	0.45	-0.37	0.19	-0.25	0.3	0.31	-0.23
Net Receivables	0.17	-0.04	-0.44	0.27	0.24	0.15	-0.44	0.41		0.28	-0.46	0.46	-0.12	0.0	-0.09	-0.16	-0.3	0.17	0.37	0.45	-0.38	0.17	-0.23	0.28	0.28	-0.22
Other Stockholder Equity	0.92	-0.85	-0.65	0.91	0.93	0.93	-0.75	0.14	0.28		-0.68	0.15	-0.83	0.85	-0.69	-0.75	-0.56	0.29	0.64	0.72	-0.6	0.29	-0.45	0.53	0.54	-0.37
Total Liab	-0.65	0.45	0.99	-0.81	-0.66	-0.8	0.96	-0.44	-0.46	-0.68		-0.46	0.77	-0.46	0.55	0.75	0.92	-0.72	-0.95	-0.97	0.94	-0.72	0.81	-0.93	-0.93	0.79
Total Current Assets	0.16	0.03	-0.44	0.26	0.22	0.15	-0.37	1.0	0.46	0.15	-0.46		-0.07	-0.19	-0.39	-0.42	-0.32	0.2	0.39	0.46	-0.38	0.2	-0.27	0.31	0.32	-0.23
Common Stock	-0.79	0.81	0.75	-0.84	-0.79	-0.93	0.82	-0.06	-0.12	-0.83	0.77	-0.07		-0.74	0.67	0.88	0.7	-0.48	-0.79	-0.82	0.79	-0.48	0.52	-0.68	-0.68	0.65
Property Plant Equipment	0.93	-0.9	-0.44	0.86	0.91	0.84	-0.51	-0.19	0.0	0.85	-0.46	-0.19	-0.74		-0.48	-0.53	-0.36	0.26	0.42	0.45	-0.39	0.26	-0.32	0.36	0.36	-0.28
Non Current Assets Total	-0.59	0.59	0.51	-0.62	-0.64	-0.76	0.63	-0.39	-0.09	-0.69	0.55	-0.39	0.67	-0.48		0.85	0.32	-0.26	-0.45	-0.69	0.45	-0.26	0.37	-0.31	-0.33	0.1
Non Currrent Assets Other	-0.7	0.72	0.72	-0.76	-0.74	-0.85	0.79	-0.43	-0.16	-0.75	0.75	-0.42	0.88	-0.53	0.85		0.62	-0.33	-0.76	-0.86	0.77	-0.33	0.42	-0.59	-0.59	0.53
Common Stock Shares Outstanding	-0.53	0.32	0.92	-0.69	-0.5	-0.69	0.88	-0.31	-0.3	-0.56	0.92	-0.32	0.7	-0.36	0.32	0.62		-0.72	-0.96	-0.85	0.89	-0.72	0.84	-0.99	-0.98	0.86
Other Current Assets	0.32	-0.02	-0.72	0.49	0.27	0.51	-0.63	0.19	0.17	0.29	-0.72	0.2	-0.48	0.26	-0.26	-0.33	-0.72		0.65	0.6	-0.55	1.0	-0.93	0.77	0.78	-0.62
Net Invested Capital	0.61	-0.45	-0.94	0.76	0.6	0.77	-0.92	0.38	0.37	0.64	-0.95	0.39	-0.79	0.42	-0.45	-0.76	-0.96	0.65		0.93	-0.94	0.65	-0.76	0.96	0.95	-0.87
Net Working Capital	0.65	-0.52	-0.95	0.79	0.68	0.83	-0.97	0.45	0.45	0.72	-0.97	0.46	-0.82	0.45	-0.69	-0.86	-0.85	0.6	0.93		-0.93	0.6	-0.71	0.84	0.85	-0.7
Net Debt	-0.58	0.48	0.94	-0.72	-0.59	-0.73	0.9	-0.37	-0.38	-0.6	0.94	-0.38	0.79	-0.39	0.45	0.77	0.89	-0.55	-0.94	-0.93		-0.55	0.63	-0.89	-0.88	0.87
Long Term Debt	0.32	-0.02	-0.72	0.49	0.27	0.51	-0.63	0.19	0.17	0.29	-0.72	0.2	-0.48	0.26	-0.26	-0.33	-0.72	1.0	0.65	0.6	-0.55		-0.93	0.77	0.78	-0.62
Capital Stock	-0.41	0.09	0.82	-0.59	-0.37	-0.62	0.76	-0.25	-0.23	-0.45	0.81	-0.27	0.52	-0.32	0.37	0.42	0.84	-0.93	-0.76	-0.71	0.63	-0.93		-0.87	-0.88	0.59
Property Plant And Equipment Net	0.52	-0.28	-0.93	0.69	0.48	0.69	-0.86	0.3	0.28	0.53	-0.93	0.31	-0.68	0.36	-0.31	-0.59	-0.99	0.77	0.96	0.84	-0.89	0.77	-0.87		1.0	-0.88
Property Plant And Equipment Gross	0.52	-0.28	-0.93	0.69	0.49	0.69	-0.87	0.31	0.28	0.54	-0.93	0.32	-0.68	0.36	-0.33	-0.59	-0.98	0.78	0.95	0.85	-0.88	0.78	-0.88	1.0		-0.87
Short Long Term Debt	-0.44	0.3	0.79	-0.57	-0.39	-0.53	0.67	-0.23	-0.22	-0.37	0.79	-0.23	0.65	-0.28	0.1	0.53	0.86	-0.62	-0.87	-0.7	0.87	-0.62	0.59	-0.88	-0.87

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Tsodilo Resources Account Relationship Matchups

Tsodilo Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7M	7.4M	7.1M	5.8M	5.6M	6.4M
Total Current Liabilities	1.6M	1.9M	1.8M	2.7M	3.3M	3.4M
Total Stockholder Equity	6.1M	5.5M	5.2M	3.1M	2.3M	2.2M
Net Tangible Assets	6.2M	6.1M	5.5M	5.2M	4.7M	6.1M
Retained Earnings	(49.2M)	(49.8M)	(51.2M)	(53.2M)	(54.3M)	(57.0M)
Accounts Payable	378.7K	509.4K	736.7K	777.4K	894.0K	938.7K
Cash	5.6K	5.6K	4.7K	40.0K	1.9K	1.8K
Net Receivables	32.6K	60.5K	36.0K	57.8K	37.5K	56.8K
Other Stockholder Equity	(5.8M)	(5.7M)	(5.8M)	(6.4M)	(5.8M)	(6.1M)
Total Liab	1.6M	1.9M	1.8M	2.7M	3.3M	3.4M
Total Current Assets	38.2K	66.1K	40.7K	97.8K	39.3K	37.4K
Property Plant Equipment	7.1M	7.7M	7.3M	7.0M	6.3M	6.2M
Non Current Assets Total	7.7M	7.3M	7.0M	5.7M	5.6M	7.0M
Net Invested Capital	7.2M	6.6M	6.2M	4.7M	4.2M	4.9M
Net Working Capital	(1.6M)	(1.8M)	(1.8M)	(2.6M)	(3.2M)	(3.1M)
Net Debt	1.0M	1.1M	933.0K	1.6M	1.9M	1.3M

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