Tudor Total Current Liabilities vs Short Term Debt Analysis

TUD Stock  CAD 0.79  0.01  1.28%   
Tudor Gold financial indicator trend analysis is much more than just breaking down Tudor Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tudor Gold Corp is a good investment. Please check the relationship between Tudor Gold Total Current Liabilities and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tudor Gold Corp. 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.

Total Current Liabilities vs Short Term Debt

Total Current Liabilities vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tudor Gold Corp Total Current Liabilities account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tudor Gold's Total Current Liabilities and Short Term Debt is 0.45. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Tudor Gold Corp, assuming nothing else is changed. The correlation between historical values of Tudor Gold's Total Current Liabilities and Short Term 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 Total Current Liabilities of Tudor Gold Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Liabilities i.e., Tudor Gold's Total Current Liabilities and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Tudor Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tudor Gold Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Debt

Most indicators from Tudor Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tudor Gold Corp 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 Tudor Gold Corp. 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.
Enterprise Value is likely to climb to about 230.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.

Tudor Gold fundamental ratios Correlations

0.040.251.0-0.73-1.00.790.820.950.940.950.871.00.350.411.00.20.850.440.920.92-0.10.960.670.990.68
0.040.680.030.140.0-0.08-0.070.180.180.07-0.050.030.050.780.040.70.170.32-0.03-0.030.27-0.06-0.11-0.06-0.09
0.250.680.240.1-0.250.00.020.370.130.330.080.240.320.720.250.970.350.450.220.220.330.170.040.160.11
1.00.030.24-0.74-1.00.790.830.960.940.940.881.00.360.411.00.190.860.450.930.93-0.10.960.680.990.69
-0.730.140.1-0.740.71-0.99-0.99-0.7-0.66-0.6-0.96-0.740.17-0.04-0.730.04-0.67-0.1-0.62-0.610.2-0.79-0.39-0.76-0.57
-1.00.0-0.25-1.00.71-0.77-0.8-0.96-0.92-0.94-0.86-1.0-0.4-0.39-1.0-0.2-0.86-0.44-0.94-0.940.08-0.95-0.7-0.99-0.73
0.79-0.080.00.79-0.99-0.771.00.770.70.690.980.8-0.120.120.790.060.730.140.660.65-0.150.840.40.810.59
0.82-0.070.020.83-0.99-0.81.00.810.740.710.990.83-0.050.150.820.070.770.170.70.69-0.160.850.470.850.62
0.950.180.370.96-0.7-0.960.770.810.90.870.870.960.470.470.960.310.950.440.870.870.010.890.690.940.77
0.940.180.130.94-0.66-0.920.70.740.90.860.790.940.340.510.940.080.780.50.870.87-0.160.880.670.910.61
0.950.070.330.94-0.6-0.940.690.710.870.860.750.940.290.40.940.30.740.340.860.86-0.060.910.520.930.53
0.87-0.050.080.88-0.96-0.860.980.990.870.790.750.880.090.190.880.090.830.240.760.76-0.160.890.550.90.68
1.00.030.241.0-0.74-1.00.80.830.960.940.940.880.360.411.00.20.860.440.920.92-0.090.960.680.990.7
0.350.050.320.360.17-0.4-0.12-0.050.470.340.290.090.360.270.380.130.430.440.430.44-0.050.230.620.350.45
0.410.780.720.41-0.04-0.390.120.150.470.510.40.190.410.270.430.650.420.790.390.40.230.370.160.280.21
1.00.040.251.0-0.73-1.00.790.820.960.940.940.881.00.380.430.190.860.480.930.93-0.10.960.690.980.7
0.20.70.970.190.04-0.20.060.070.310.080.30.090.20.130.650.190.310.290.150.150.40.11-0.010.120.07
0.850.170.350.86-0.67-0.860.730.770.950.780.740.830.860.430.420.860.310.330.760.760.260.780.60.830.87
0.440.320.450.45-0.1-0.440.140.170.440.50.340.240.440.440.790.480.290.330.550.56-0.130.470.370.340.31
0.92-0.030.220.93-0.62-0.940.660.70.870.870.860.760.920.430.390.930.150.760.551.0-0.130.890.710.90.76
0.92-0.030.220.93-0.61-0.940.650.690.870.870.860.760.920.440.40.930.150.760.561.0-0.130.890.710.90.76
-0.10.270.33-0.10.20.08-0.15-0.160.01-0.16-0.06-0.16-0.09-0.050.23-0.10.40.26-0.13-0.13-0.13-0.17-0.21-0.180.3
0.96-0.060.170.96-0.79-0.950.840.850.890.880.910.890.960.230.370.960.110.780.470.890.89-0.170.520.940.64
0.67-0.110.040.68-0.39-0.70.40.470.690.670.520.550.680.620.160.69-0.010.60.370.710.71-0.210.520.720.6
0.99-0.060.160.99-0.76-0.990.810.850.940.910.930.90.990.350.280.980.120.830.340.90.9-0.180.940.720.67
0.68-0.090.110.69-0.57-0.730.590.620.770.610.530.680.70.450.210.70.070.870.310.760.760.30.640.60.67
Click cells to compare fundamentals

Tudor Gold Account Relationship Matchups

Tudor Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.8M58.8M99.5M106.0M129.0M135.4M
Other Current Liab249.1K344.1K931.7K688.0K420.0K586.5K
Total Current Liabilities269.2K347.6K931.7K1.5M446.1K656.8K
Total Stockholder Equity32.4M55.6M93.4M95.4M115.1M120.9M
Net Debt(6.1M)(1.5M)(6.8M)690.0K(7.2M)(6.8M)
Retained Earnings(12.4M)(24.5M)(35.6M)(40.0M)(47.7M)(45.4M)
Cash6.1M1.5M6.8M398.6K7.5M7.8M
Cash And Short Term Investments6.2M2.5M7.5M936.9K8.0M8.4M
Common Stock Shares Outstanding129.8M165.2M184.0M200.8M221.5M232.6M
Liabilities And Stockholders Equity32.8M58.8M99.5M106.0M129.0M135.4M
Other Stockholder Equity2.4M4.0M11.7M19.1M21.9M23.0M
Total Liab369.2K3.2M6.2M10.6M13.9M14.6M
Total Current Assets6.6M3.8M7.8M2.6M8.3M8.7M
Common Stock40.8M68.5M109.9M112.7M138.8M145.7M
Net Receivables312.0K1.2M117.2K1.5M134.5K127.8K
Accumulated Other Comprehensive Income4.0M11.7M19.1M22.7M24.1M25.3M
Short Long Term Debt Total755.9K23.6K3.4K1.1M253.7K487.1K
Net Tangible Assets32.4M55.6M93.4M95.4M109.7M115.2M
Accounts Payable172.9K324.6K834.7K688.0K619.2K626.1K
Short Term Debt18.8K20.1K3.4K834.9K26.1K24.8K
Property Plant And Equipment Net26.0M54.7M91.5M100.4M120.4M60.7M
Non Current Assets Total26.2M54.9M91.7M103.5M120.7M61.3M
Non Currrent Assets Other145.6K20.2M226.6K253.5K212.6K202.0K
Short Term Investments140.6K993.2K674.2K538.3K497.3K455.5K
Non Current Liabilities Total100.0K2.8M5.2M9.1M13.4M14.1M
Other Current Assets63.5K122.2K146.8K147.2K211.1K221.7K
Property Plant Equipment25.6M54.7M90.7M100.4M115.4M121.2M
Capital Lease Obligations23.6K3.4K0.0279.7K253.7K266.4K
Net Invested Capital32.4M55.6M93.4M96.2M115.1M67.0M
Net Working Capital6.3M3.5M6.9M1.0M7.9M8.3M
Capital Stock40.8M68.5M109.9M112.7M138.8M90.9M

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