Tungsten Non Current Liabilities Total vs Total Current Assets 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 Non Current Liabilities Total and its Total Current Assets 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.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tungsten West PLC Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tungsten West's Non Current Liabilities Total and Total Current Assets is -0.48. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Tungsten West PLC 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 Non Current Liabilities Total i.e., Tungsten West's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

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 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 Amortization209.2K514.4K522.9K316.6K
Interest Income95.9K371.1K426.8K448.1K

Tungsten West fundamental ratios Correlations

-0.570.690.650.98-0.550.970.57-0.7-0.760.890.690.68-0.79-0.72-0.940.690.46-0.44-0.58-0.890.380.970.95-0.750.98
-0.57-0.90.22-0.680.04-0.56-0.210.870.08-0.51-0.71-0.10.130.20.43-0.71-0.46-0.40.680.39-0.23-0.46-0.50.64-0.53
0.69-0.9-0.080.720.10.610.01-0.99-0.110.640.930.04-0.25-0.11-0.440.930.660.29-0.91-0.360.040.640.52-0.50.61
0.650.22-0.080.57-0.770.660.650.06-0.910.590.030.83-0.86-0.8-0.780.030.05-0.930.09-0.780.340.680.72-0.410.69
0.98-0.680.720.57-0.580.970.63-0.72-0.730.870.660.68-0.74-0.74-0.940.660.44-0.36-0.56-0.90.430.920.95-0.830.97
-0.550.040.1-0.77-0.58-0.68-0.97-0.120.9-0.520.2-0.970.760.980.790.20.110.65-0.330.87-0.58-0.5-0.770.62-0.66
0.97-0.560.610.660.97-0.680.72-0.62-0.80.850.580.8-0.8-0.82-0.960.580.34-0.41-0.46-0.950.510.950.98-0.731.0
0.57-0.210.010.650.63-0.970.720.0-0.810.46-0.110.94-0.64-0.95-0.8-0.11-0.19-0.50.23-0.880.740.510.78-0.670.69
-0.70.87-0.990.06-0.72-0.12-0.620.00.08-0.58-0.97-0.020.210.080.45-0.97-0.58-0.260.950.36-0.11-0.68-0.510.46-0.62
-0.760.08-0.11-0.91-0.730.9-0.8-0.810.08-0.78-0.07-0.940.960.940.9-0.07-0.240.78-0.070.92-0.33-0.72-0.890.65-0.81
0.89-0.510.640.590.87-0.520.850.46-0.58-0.780.560.63-0.89-0.67-0.840.560.75-0.41-0.45-0.790.00.840.89-0.680.86
0.69-0.710.930.030.660.20.58-0.11-0.97-0.070.56-0.02-0.23-0.01-0.411.00.580.16-0.99-0.30.040.720.45-0.320.6
0.68-0.10.040.830.68-0.970.80.94-0.02-0.940.63-0.02-0.84-0.99-0.86-0.020.01-0.650.15-0.930.570.660.86-0.590.79
-0.790.13-0.25-0.86-0.740.76-0.8-0.640.210.96-0.89-0.23-0.840.840.86-0.23-0.480.710.10.85-0.11-0.77-0.880.57-0.81
-0.720.2-0.11-0.8-0.740.98-0.82-0.950.080.94-0.67-0.01-0.990.840.9-0.01-0.050.63-0.120.96-0.57-0.66-0.890.7-0.81
-0.940.43-0.44-0.78-0.940.79-0.96-0.80.450.9-0.84-0.41-0.860.860.9-0.41-0.270.610.280.98-0.51-0.89-0.980.82-0.96
0.69-0.710.930.030.660.20.58-0.11-0.97-0.070.561.0-0.02-0.23-0.01-0.410.580.16-0.99-0.30.040.720.45-0.320.6
0.46-0.460.660.050.440.110.34-0.19-0.58-0.240.750.580.01-0.48-0.05-0.270.580.05-0.54-0.19-0.60.420.37-0.270.36
-0.44-0.40.29-0.93-0.360.65-0.41-0.5-0.260.78-0.410.16-0.650.710.630.610.160.05-0.260.58-0.19-0.44-0.490.37-0.44
-0.580.68-0.910.09-0.56-0.33-0.460.230.95-0.07-0.45-0.990.150.1-0.120.28-0.99-0.54-0.260.170.01-0.62-0.330.22-0.48
-0.890.39-0.36-0.78-0.90.87-0.95-0.880.360.92-0.79-0.3-0.930.850.960.98-0.3-0.190.580.17-0.57-0.83-0.980.79-0.94
0.38-0.230.040.340.43-0.580.510.74-0.11-0.330.00.040.57-0.11-0.57-0.510.04-0.6-0.190.01-0.570.380.45-0.410.49
0.97-0.460.640.680.92-0.50.950.51-0.68-0.720.840.720.66-0.77-0.66-0.890.720.42-0.44-0.62-0.830.380.9-0.580.96
0.95-0.50.520.720.95-0.770.980.78-0.51-0.890.890.450.86-0.88-0.89-0.980.450.37-0.49-0.33-0.980.450.9-0.780.98
-0.750.64-0.5-0.41-0.830.62-0.73-0.670.460.65-0.68-0.32-0.590.570.70.82-0.32-0.270.370.220.79-0.41-0.58-0.78-0.72
0.98-0.530.610.690.97-0.661.00.69-0.62-0.810.860.60.79-0.81-0.81-0.960.60.36-0.44-0.48-0.940.490.960.98-0.72
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Tungsten West Account Relationship Matchups

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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.