Teuton Depreciation And Amortization vs Total Current Liabilities Analysis
TUO Stock | CAD 1.10 0.01 0.92% |
Teuton Resources financial indicator trend analysis is much more than just breaking down Teuton Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teuton Resources Corp is a good investment. Please check the relationship between Teuton Resources Depreciation And Amortization and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teuton Resources 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.
Depreciation And Amortization vs Total Current Liabilities
Depreciation And Amortization vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teuton Resources Corp Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Teuton Resources' Depreciation And Amortization and Total Current Liabilities is -0.35. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Teuton Resources Corp, assuming nothing else is changed. The correlation between historical values of Teuton Resources' Depreciation And Amortization and Total Current Liabilities 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 And Amortization of Teuton Resources Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., Teuton Resources' Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Current Liabilities
Total Current Liabilities is an item on Teuton Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Teuton Resources 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.Most indicators from Teuton Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teuton Resources 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 Teuton Resources 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. At this time, Teuton Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 81.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Teuton Resources fundamental ratios Correlations
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Teuton Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Teuton Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6M | 23.4M | 23.6M | 15.7M | 14.7M | 15.4M | |
Other Current Liab | 59.0K | 84.9K | 6.8K | 17.7K | 70.8K | 89.5K | |
Total Current Liabilities | 84.9K | 80.0K | 109.5K | 91.8K | 70.8K | 67.3K | |
Total Stockholder Equity | 6.5M | 23.3M | 23.5M | 15.6M | 14.6M | 15.3M | |
Net Debt | (805.6K) | (12.5M) | (5.9M) | (2.4M) | (1.2M) | (1.3M) | |
Retained Earnings | (13.2M) | (9.3M) | (12.9M) | (23.0M) | (25.0M) | (23.7M) | |
Accounts Payable | 71.8K | 73.2K | 109.5K | 74.2K | 85.3K | 81.1K | |
Cash | 818.7K | 12.5M | 5.9M | 2.4M | 1.2M | 1.2M | |
Non Current Assets Total | 3.9M | 3.8M | 4.0M | 4.7M | 4.6M | 3.2M | |
Cash And Short Term Investments | 2.6M | 19.5M | 19.5M | 10.9M | 9.9M | 10.4M | |
Common Stock Shares Outstanding | 44.0M | 53.0M | 53.4M | 56.6M | 57.3M | 60.2M | |
Short Term Investments | 1.8M | 7.0M | 13.6M | 8.4M | 8.7M | 9.1M | |
Liabilities And Stockholders Equity | 6.6M | 23.4M | 23.6M | 15.7M | 14.7M | 15.4M | |
Other Current Assets | 17.9K | 11.7K | 30.9K | 60.0K | 85.5K | 89.7K | |
Total Liab | 84.9K | 80.0K | 109.5K | 91.8K | 70.8K | 67.3K | |
Total Current Assets | 2.7M | 19.6M | 19.7M | 11.0M | 10.0M | 10.5M | |
Common Stock | 17.8M | 29.5M | 32.5M | 32.9M | 37.9M | 21.1M | |
Property Plant And Equipment Net | 3.6M | 3.7M | 3.7M | 4.4M | 925.1K | 878.9K | |
Other Stockholder Equity | 2.0M | 3.2M | 3.9M | 5.7M | 5.1M | 4.3M | |
Accumulated Other Comprehensive Income | 2.0M | 3.2M | 3.9M | 5.7M | 6.6M | 7.0M | |
Net Receivables | 84.9K | 65.6K | 144.3K | 66.2K | 46.7K | 44.4K | |
Non Currrent Assets Other | 234.6K | 121.3K | 151.4K | 268.4K | 3.4M | 3.6M | |
Net Tangible Assets | 6.5M | 23.3M | 23.5M | 15.6M | 17.9M | 10.1M | |
Other Assets | 244.7K | 161.9K | 274.9K | 268.4K | 241.5K | 250.2K | |
Property Plant Equipment | 3.6M | 3.7M | 3.7M | 4.4M | 5.1M | 3.9M | |
Net Invested Capital | 6.5M | 23.3M | 23.5M | 15.6M | 17.9M | 14.3M | |
Net Working Capital | 2.6M | 19.5M | 19.6M | 10.9M | 12.5M | 10.0M | |
Capital Stock | 17.8M | 29.5M | 32.5M | 32.9M | 37.9M | 28.5M |
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