Tsodilo Non Currrent Assets Other vs Net Receivables 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 Non Currrent Assets Other and its Net Receivables 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.

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tsodilo Resources Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tsodilo Resources' Non Currrent Assets Other and Net Receivables is -0.16. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables 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' Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Tsodilo Resources Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Tsodilo Resources' Non Currrent Assets Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Receivables

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

-0.9-0.630.970.990.91-0.660.160.170.92-0.650.16-0.790.93-0.59-0.7-0.530.320.610.65-0.580.32-0.410.520.52-0.44
-0.90.42-0.82-0.91-0.820.520.03-0.04-0.850.450.030.81-0.90.590.720.32-0.02-0.45-0.520.48-0.020.09-0.28-0.280.3
-0.630.42-0.79-0.63-0.770.96-0.42-0.44-0.650.99-0.440.75-0.440.510.720.92-0.72-0.94-0.950.94-0.720.82-0.93-0.930.79
0.97-0.82-0.790.960.95-0.810.250.270.91-0.810.26-0.840.86-0.62-0.76-0.690.490.760.79-0.720.49-0.590.690.69-0.57
0.99-0.91-0.630.960.9-0.690.210.240.93-0.660.22-0.790.91-0.64-0.74-0.50.270.60.68-0.590.27-0.370.480.49-0.39
0.91-0.82-0.770.950.9-0.840.140.150.93-0.80.15-0.930.84-0.76-0.85-0.690.510.770.83-0.730.51-0.620.690.69-0.53
-0.660.520.96-0.81-0.69-0.84-0.35-0.44-0.750.96-0.370.82-0.510.630.790.88-0.63-0.92-0.970.9-0.630.76-0.86-0.870.67
0.160.03-0.420.250.210.14-0.350.410.14-0.441.0-0.06-0.19-0.39-0.43-0.310.190.380.45-0.370.19-0.250.30.31-0.23
0.17-0.04-0.440.270.240.15-0.440.410.28-0.460.46-0.120.0-0.09-0.16-0.30.170.370.45-0.380.17-0.230.280.28-0.22
0.92-0.85-0.650.910.930.93-0.750.140.28-0.680.15-0.830.85-0.69-0.75-0.560.290.640.72-0.60.29-0.450.530.54-0.37
-0.650.450.99-0.81-0.66-0.80.96-0.44-0.46-0.68-0.460.77-0.460.550.750.92-0.72-0.95-0.970.94-0.720.81-0.93-0.930.79
0.160.03-0.440.260.220.15-0.371.00.460.15-0.46-0.07-0.19-0.39-0.42-0.320.20.390.46-0.380.2-0.270.310.32-0.23
-0.790.810.75-0.84-0.79-0.930.82-0.06-0.12-0.830.77-0.07-0.740.670.880.7-0.48-0.79-0.820.79-0.480.52-0.68-0.680.65
0.93-0.9-0.440.860.910.84-0.51-0.190.00.85-0.46-0.19-0.74-0.48-0.53-0.360.260.420.45-0.390.26-0.320.360.36-0.28
-0.590.590.51-0.62-0.64-0.760.63-0.39-0.09-0.690.55-0.390.67-0.480.850.32-0.26-0.45-0.690.45-0.260.37-0.31-0.330.1
-0.70.720.72-0.76-0.74-0.850.79-0.43-0.16-0.750.75-0.420.88-0.530.850.62-0.33-0.76-0.860.77-0.330.42-0.59-0.590.53
-0.530.320.92-0.69-0.5-0.690.88-0.31-0.3-0.560.92-0.320.7-0.360.320.62-0.72-0.96-0.850.89-0.720.84-0.99-0.980.86
0.32-0.02-0.720.490.270.51-0.630.190.170.29-0.720.2-0.480.26-0.26-0.33-0.720.650.6-0.551.0-0.930.770.78-0.62
0.61-0.45-0.940.760.60.77-0.920.380.370.64-0.950.39-0.790.42-0.45-0.76-0.960.650.93-0.940.65-0.760.960.95-0.87
0.65-0.52-0.950.790.680.83-0.970.450.450.72-0.970.46-0.820.45-0.69-0.86-0.850.60.93-0.930.6-0.710.840.85-0.7
-0.580.480.94-0.72-0.59-0.730.9-0.37-0.38-0.60.94-0.380.79-0.390.450.770.89-0.55-0.94-0.93-0.550.63-0.89-0.880.87
0.32-0.02-0.720.490.270.51-0.630.190.170.29-0.720.2-0.480.26-0.26-0.33-0.721.00.650.6-0.55-0.930.770.78-0.62
-0.410.090.82-0.59-0.37-0.620.76-0.25-0.23-0.450.81-0.270.52-0.320.370.420.84-0.93-0.76-0.710.63-0.93-0.87-0.880.59
0.52-0.28-0.930.690.480.69-0.860.30.280.53-0.930.31-0.680.36-0.31-0.59-0.990.770.960.84-0.890.77-0.871.0-0.88
0.52-0.28-0.930.690.490.69-0.870.310.280.54-0.930.32-0.680.36-0.33-0.59-0.980.780.950.85-0.880.78-0.881.0-0.87
-0.440.30.79-0.57-0.39-0.530.67-0.23-0.22-0.370.79-0.230.65-0.280.10.530.86-0.62-0.87-0.70.87-0.620.59-0.88-0.87
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Tsodilo Resources Account Relationship Matchups

Tsodilo Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M7.4M7.1M5.8M5.6M6.4M
Total Current Liabilities1.6M1.9M1.8M2.7M3.3M3.4M
Total Stockholder Equity6.1M5.5M5.2M3.1M2.3M2.2M
Net Tangible Assets6.2M6.1M5.5M5.2M4.7M6.1M
Retained Earnings(49.2M)(49.8M)(51.2M)(53.2M)(54.3M)(57.0M)
Accounts Payable378.7K509.4K736.7K777.4K894.0K938.7K
Cash5.6K5.6K4.7K40.0K1.9K1.8K
Net Receivables32.6K60.5K36.0K57.8K37.5K56.8K
Other Stockholder Equity(5.8M)(5.7M)(5.8M)(6.4M)(5.8M)(6.1M)
Total Liab1.6M1.9M1.8M2.7M3.3M3.4M
Total Current Assets38.2K66.1K40.7K97.8K39.3K37.4K
Property Plant Equipment7.1M7.7M7.3M7.0M6.3M6.2M
Non Current Assets Total7.7M7.3M7.0M5.7M5.6M7.0M
Net Invested Capital7.2M6.6M6.2M4.7M4.2M4.9M
Net Working Capital(1.6M)(1.8M)(1.8M)(2.6M)(3.2M)(3.1M)
Net Debt1.0M1.1M933.0K1.6M1.9M1.3M

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