| TUN Stock | | | 3.50 0.25 6.67% |
Tungsten West financial indicator trend analysis is much more than just breaking down Tungsten West PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tungsten West PLC is a good investment. Please check the relationship between Tungsten West Depreciation and its Free Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tungsten West PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tungsten West PLC Depreciation account and
Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tungsten West's Depreciation and Free Cash Flow is -0.67. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Tungsten West PLC, assuming nothing else is changed. The correlation between historical values of Tungsten West's Depreciation and Free 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 Depreciation of Tungsten West PLC are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Tungsten West's Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Tungsten West PLC value has been used up. For tax purposes Tungsten West can deduct the cost of the tangible assets it purchases as business expenses. However, Tungsten West PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Tungsten West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tungsten West PLC 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 Tungsten West PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of May 3, 2025,
Tax Provision is expected to decline to about (234.7
K). In addition to that,
Selling General Administrative is expected to decline to about 7
MTungsten West fundamental ratios Correlations
Click cells to compare fundamentals
Tungsten West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tungsten West fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Tungsten Stock
Balance Sheet is a snapshot of the
financial position of Tungsten West PLC at a specified time, usually calculated after every quarter, six months, or one year. Tungsten West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tungsten West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tungsten currently owns. An asset can also be divided into two categories, current and non-current.