Tungsten Net Receivables vs Capital Lease Obligations Analysis

TUN Stock

3.00 0.25 9.09%

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 Net Receivables and its Capital Lease Obligations 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.

Net Receivables vs Capital Lease Obligations

Net Receivables vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tungsten West PLC Net Receivables account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Tungsten West's Net Receivables and Capital Lease Obligations is -0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Lease Obligations 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 Net Receivables and Capital Lease Obligations 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 Receivables of Tungsten West PLC are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Receivables i.e., Tungsten West's Net Receivables and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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Net Receivables

Capital Lease Obligations

Tungsten West PLC capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Tungsten West asset purchases. For example, Tungsten West can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Tungsten West control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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 November 26, 2024, Tax Provision is expected to decline to about (657.6 K). In addition to that, Selling General Administrative is expected to decline to about 7 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	209.2K	514.4K	522.9K	316.6K
Interest Income	95.9K	371.1K	426.8K	448.1K

Depreciation And Amortization Interest Income

Tungsten West fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		-0.57	0.69	0.65	0.98	-0.55	0.97	0.57	-0.7	-0.76	0.89	0.69	0.68	-0.79	-0.72	-0.94	0.69	0.46	-0.44	-0.58	-0.89	0.38	0.97	0.95	-0.75	0.98
Short Long Term Debt Total	-0.57		-0.9	0.22	-0.68	0.04	-0.56	-0.21	0.87	0.08	-0.51	-0.71	-0.1	0.13	0.2	0.43	-0.71	-0.46	-0.4	0.68	0.39	-0.23	-0.46	-0.5	0.64	-0.53
Other Current Liab	0.69	-0.9		-0.08	0.72	0.1	0.61	0.01	-0.99	-0.11	0.64	0.93	0.04	-0.25	-0.11	-0.44	0.93	0.66	0.29	-0.91	-0.36	0.04	0.64	0.52	-0.5	0.61
Total Current Liabilities	0.65	0.22	-0.08		0.57	-0.77	0.66	0.65	0.06	-0.91	0.59	0.03	0.83	-0.86	-0.8	-0.78	0.03	0.05	-0.93	0.09	-0.78	0.34	0.68	0.72	-0.41	0.69
Total Stockholder Equity	0.98	-0.68	0.72	0.57		-0.58	0.97	0.63	-0.72	-0.73	0.87	0.66	0.68	-0.74	-0.74	-0.94	0.66	0.44	-0.36	-0.56	-0.9	0.43	0.92	0.95	-0.83	0.97
Other Liab	-0.55	0.04	0.1	-0.77	-0.58		-0.68	-0.97	-0.12	0.9	-0.52	0.2	-0.97	0.76	0.98	0.79	0.2	0.11	0.65	-0.33	0.87	-0.58	-0.5	-0.77	0.62	-0.66
Net Tangible Assets	0.97	-0.56	0.61	0.66	0.97	-0.68		0.72	-0.62	-0.8	0.85	0.58	0.8	-0.8	-0.82	-0.96	0.58	0.34	-0.41	-0.46	-0.95	0.51	0.95	0.98	-0.73	1.0
Property Plant And Equipment Net	0.57	-0.21	0.01	0.65	0.63	-0.97	0.72		0.0	-0.81	0.46	-0.11	0.94	-0.64	-0.95	-0.8	-0.11	-0.19	-0.5	0.23	-0.88	0.74	0.51	0.78	-0.67	0.69
Net Debt	-0.7	0.87	-0.99	0.06	-0.72	-0.12	-0.62	0.0		0.08	-0.58	-0.97	-0.02	0.21	0.08	0.45	-0.97	-0.58	-0.26	0.95	0.36	-0.11	-0.68	-0.51	0.46	-0.62
Retained Earnings	-0.76	0.08	-0.11	-0.91	-0.73	0.9	-0.8	-0.81	0.08		-0.78	-0.07	-0.94	0.96	0.94	0.9	-0.07	-0.24	0.78	-0.07	0.92	-0.33	-0.72	-0.89	0.65	-0.81
Accounts Payable	0.89	-0.51	0.64	0.59	0.87	-0.52	0.85	0.46	-0.58	-0.78		0.56	0.63	-0.89	-0.67	-0.84	0.56	0.75	-0.41	-0.45	-0.79	0.0	0.84	0.89	-0.68	0.86
Cash	0.69	-0.71	0.93	0.03	0.66	0.2	0.58	-0.11	-0.97	-0.07	0.56		-0.02	-0.23	-0.01	-0.41	1.0	0.58	0.16	-0.99	-0.3	0.04	0.72	0.45	-0.32	0.6
Non Current Assets Total	0.68	-0.1	0.04	0.83	0.68	-0.97	0.8	0.94	-0.02	-0.94	0.63	-0.02		-0.84	-0.99	-0.86	-0.02	0.01	-0.65	0.15	-0.93	0.57	0.66	0.86	-0.59	0.79
Non Currrent Assets Other	-0.79	0.13	-0.25	-0.86	-0.74	0.76	-0.8	-0.64	0.21	0.96	-0.89	-0.23	-0.84		0.84	0.86	-0.23	-0.48	0.71	0.1	0.85	-0.11	-0.77	-0.88	0.57	-0.81
Other Assets	-0.72	0.2	-0.11	-0.8	-0.74	0.98	-0.82	-0.95	0.08	0.94	-0.67	-0.01	-0.99	0.84		0.9	-0.01	-0.05	0.63	-0.12	0.96	-0.57	-0.66	-0.89	0.7	-0.81
Long Term Debt	-0.94	0.43	-0.44	-0.78	-0.94	0.79	-0.96	-0.8	0.45	0.9	-0.84	-0.41	-0.86	0.86	0.9		-0.41	-0.27	0.61	0.28	0.98	-0.51	-0.89	-0.98	0.82	-0.96
Cash And Short Term Investments	0.69	-0.71	0.93	0.03	0.66	0.2	0.58	-0.11	-0.97	-0.07	0.56	1.0	-0.02	-0.23	-0.01	-0.41		0.58	0.16	-0.99	-0.3	0.04	0.72	0.45	-0.32	0.6
Net Receivables	0.46	-0.46	0.66	0.05	0.44	0.11	0.34	-0.19	-0.58	-0.24	0.75	0.58	0.01	-0.48	-0.05	-0.27	0.58		0.05	-0.54	-0.19	-0.6	0.42	0.37	-0.27	0.36
Good Will	-0.44	-0.4	0.29	-0.93	-0.36	0.65	-0.41	-0.5	-0.26	0.78	-0.41	0.16	-0.65	0.71	0.63	0.61	0.16	0.05		-0.26	0.58	-0.19	-0.44	-0.49	0.37	-0.44
Common Stock Shares Outstanding	-0.58	0.68	-0.91	0.09	-0.56	-0.33	-0.46	0.23	0.95	-0.07	-0.45	-0.99	0.15	0.1	-0.12	0.28	-0.99	-0.54	-0.26		0.17	0.01	-0.62	-0.33	0.22	-0.48
Non Current Liabilities Total	-0.89	0.39	-0.36	-0.78	-0.9	0.87	-0.95	-0.88	0.36	0.92	-0.79	-0.3	-0.93	0.85	0.96	0.98	-0.3	-0.19	0.58	0.17		-0.57	-0.83	-0.98	0.79	-0.94
Capital Lease Obligations	0.38	-0.23	0.04	0.34	0.43	-0.58	0.51	0.74	-0.11	-0.33	0.0	0.04	0.57	-0.11	-0.57	-0.51	0.04	-0.6	-0.19	0.01	-0.57		0.38	0.45	-0.41	0.49
Other Current Assets	0.97	-0.46	0.64	0.68	0.92	-0.5	0.95	0.51	-0.68	-0.72	0.84	0.72	0.66	-0.77	-0.66	-0.89	0.72	0.42	-0.44	-0.62	-0.83	0.38		0.9	-0.58	0.96
Other Stockholder Equity	0.95	-0.5	0.52	0.72	0.95	-0.77	0.98	0.78	-0.51	-0.89	0.89	0.45	0.86	-0.88	-0.89	-0.98	0.45	0.37	-0.49	-0.33	-0.98	0.45	0.9		-0.78	0.98
Total Liab	-0.75	0.64	-0.5	-0.41	-0.83	0.62	-0.73	-0.67	0.46	0.65	-0.68	-0.32	-0.59	0.57	0.7	0.82	-0.32	-0.27	0.37	0.22	0.79	-0.41	-0.58	-0.78		-0.72
Net Invested Capital	0.98	-0.53	0.61	0.69	0.97	-0.66	1.0	0.69	-0.62	-0.81	0.86	0.6	0.79	-0.81	-0.81	-0.96	0.6	0.36	-0.44	-0.48	-0.94	0.49	0.96	0.98	-0.72

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Tungsten West Account Relationship Matchups

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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.

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Tungsten Net Receivables vs Capital Lease Obligations Analysis

Net Receivables vs Capital Lease Obligations

Net Receivables vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Net Receivables

Capital Lease Obligations

Tungsten West fundamental ratios Correlations

Tungsten West Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Tungsten Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Net Tangible Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Net Invested Capital	+ 0.98	Total Assets
Other Assets	+ 0.98	Other Liab
Other Stockholder Equity	+ 0.98	Net Tangible Assets

Common Stock Shares Outstanding	- 0.99	Cash And Short Term Investments
Other Assets	- 0.99	Non Current Assets Total
Common Stock Shares Outstanding	- 0.99	Cash
Net Debt	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.98	Non Current Liabilities Total
Other Stockholder Equity	- 0.98	Long Term Debt