Transition Long Term Investments vs Short Long Term Debt Analysis

XTM Stock

CAD 0.06 0.01 21.43%

Transition Metals financial indicator trend analysis is much more than just breaking down Transition Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transition Metals Corp is a good investment. Please check the relationship between Transition Metals Long Term Investments and its Short Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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.

Long Term Investments vs Short Long Term Debt

Long Term Investments vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transition Metals Corp Long Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Transition Metals' Long Term Investments and Short Long Term Debt is 0.39. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Transition Metals Corp, assuming nothing else is changed. The correlation between historical values of Transition Metals' Long Term Investments and Short Long 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 Long Term Investments of Transition Metals Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Investments i.e., Transition Metals' Long Term Investments and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Transition Metals balance sheet that represents investments Transition Metals Corp intends to hold for over a year. Transition Metals Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Transition Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transition Metals 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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, Transition Metals' Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 131.78 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 594.4 K in 2024.

	2023	2024 (projected)
Net Interest Income	3.1K	3.5K
Minority Interest	616.9K	592.2K

Net Interest Income Minority Interest

Transition Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.0	-0.31	0.97	0.9	0.74	-0.38	-0.02	0.42	0.68	-0.14	-0.32	-0.32	-0.4	0.54	-0.4	0.18	-0.42	-0.04	-0.18	0.1	0.05	0.89	0.7	0.0	0.01
Other Current Liab	0.0		-0.4	0.12	0.32	-0.49	-0.46	-0.31	-0.42	0.36	-0.51	-0.65	-0.4	-0.31	0.18	-0.31	0.76	-0.66	-0.85	-0.71	0.78	-0.84	-0.11	0.42	0.86	-0.83
Total Current Liabilities	-0.31	-0.4		-0.45	-0.49	-0.19	0.97	0.81	0.17	-0.25	0.23	0.7	1.0	0.56	0.23	0.56	-0.43	0.77	0.37	0.7	-0.37	0.25	-0.3	-0.22	-0.28	0.21
Total Stockholder Equity	0.97	0.12	-0.45		0.96	0.74	-0.51	-0.21	0.34	0.72	-0.19	-0.51	-0.45	-0.54	0.47	-0.54	0.35	-0.6	-0.18	-0.29	0.27	-0.08	0.84	0.72	0.14	-0.12
Net Tangible Assets	0.9	0.32	-0.49	0.96		0.62	-0.57	-0.3	0.22	0.77	-0.27	-0.66	-0.5	-0.64	0.46	-0.64	0.54	-0.73	-0.36	-0.42	0.47	-0.27	0.74	0.76	0.36	-0.31
Retained Earnings	0.74	-0.49	-0.19	0.74	0.62		-0.24	-0.08	0.59	0.36	0.23	-0.08	-0.19	-0.36	0.19	-0.36	-0.14	-0.17	0.36	0.2	-0.2	0.45	0.73	0.31	-0.4	0.38
Accounts Payable	-0.38	-0.46	0.97	-0.51	-0.57	-0.24		0.71	0.1	-0.4	0.23	0.7	0.97	0.56	0.06	0.56	-0.5	0.81	0.43	0.69	-0.45	0.3	-0.41	-0.37	-0.33	0.29
Cash	-0.02	-0.31	0.81	-0.21	-0.3	-0.08	0.71		0.25	0.05	0.12	0.73	0.81	0.68	0.59	0.68	-0.39	0.68	0.37	0.62	-0.34	0.29	0.14	0.12	-0.31	0.21
Net Receivables	0.42	-0.42	0.17	0.34	0.22	0.59	0.1	0.25		0.06	0.6	0.32	0.17	-0.24	0.19	-0.24	-0.39	0.21	0.45	0.45	-0.37	0.47	0.43	0.11	-0.5	0.35
Short Term Investments	0.68	0.36	-0.25	0.72	0.77	0.36	-0.4	0.05	0.06		-0.15	-0.56	-0.26	-0.44	0.83	-0.44	0.68	-0.66	-0.56	-0.43	0.67	-0.5	0.73	0.98	0.52	-0.56
Other Current Assets	-0.14	-0.51	0.23	-0.19	-0.27	0.23	0.23	0.12	0.6	-0.15		0.36	0.23	-0.26	-0.1	-0.26	-0.37	0.3	0.38	0.33	-0.34	0.37	0.03	-0.19	-0.43	0.37
Other Stockholder Equity	-0.32	-0.65	0.7	-0.51	-0.66	-0.08	0.7	0.73	0.32	-0.56	0.36		0.7	0.75	-0.06	0.75	-0.84	0.97	0.82	0.79	-0.82	0.74	-0.16	-0.51	-0.74	0.72
Total Liab	-0.32	-0.4	1.0	-0.45	-0.5	-0.19	0.97	0.81	0.17	-0.26	0.23	0.7		0.57	0.23	0.57	-0.43	0.77	0.37	0.7	-0.37	0.25	-0.3	-0.22	-0.28	0.21
Short Long Term Debt	-0.4	-0.31	0.56	-0.54	-0.64	-0.36	0.56	0.68	-0.24	-0.44	-0.26	0.75	0.57		0.02	1.0	-0.56	0.77	0.47	0.54	-0.53	0.39	-0.25	-0.39	-0.42	0.39
Total Current Assets	0.54	0.18	0.23	0.47	0.46	0.19	0.06	0.59	0.19	0.83	-0.1	-0.06	0.23	0.02		0.02	0.35	-0.16	-0.29	-0.04	0.37	-0.29	0.64	0.87	0.29	-0.38
Short Term Debt	-0.4	-0.31	0.56	-0.54	-0.64	-0.36	0.56	0.68	-0.24	-0.44	-0.26	0.75	0.57	1.0	0.02		-0.56	0.77	0.47	0.54	-0.53	0.39	-0.25	-0.39	-0.42	0.39
Common Stock	0.18	0.76	-0.43	0.35	0.54	-0.14	-0.5	-0.39	-0.39	0.68	-0.37	-0.84	-0.43	-0.56	0.35	-0.56		-0.84	-0.87	-0.69	0.98	-0.82	0.13	0.64	0.95	-0.85
Property Plant Equipment	-0.42	-0.66	0.77	-0.6	-0.73	-0.17	0.81	0.68	0.21	-0.66	0.3	0.97	0.77	0.77	-0.16	0.77	-0.84		0.78	0.79	-0.81	0.68	-0.33	-0.62	-0.7	0.68
Non Current Assets Total	-0.04	-0.85	0.37	-0.18	-0.36	0.36	0.43	0.37	0.45	-0.56	0.38	0.82	0.37	0.47	-0.29	0.47	-0.87	0.78		0.8	-0.92	0.99	0.07	-0.57	-0.91	0.97
Non Currrent Assets Other	-0.18	-0.71	0.7	-0.29	-0.42	0.2	0.69	0.62	0.45	-0.43	0.33	0.79	0.7	0.54	-0.04	0.54	-0.69	0.79	0.8		-0.67	0.76	-0.03	-0.43	-0.7	0.64
Common Stock Shares Outstanding	0.1	0.78	-0.37	0.27	0.47	-0.2	-0.45	-0.34	-0.37	0.67	-0.34	-0.82	-0.37	-0.53	0.37	-0.53	0.98	-0.81	-0.92	-0.67		-0.89	0.06	0.64	0.94	-0.93
Long Term Investments	0.05	-0.84	0.25	-0.08	-0.27	0.45	0.3	0.29	0.47	-0.5	0.37	0.74	0.25	0.39	-0.29	0.39	-0.82	0.68	0.99	0.76	-0.89		0.17	-0.52	-0.9	0.97
Net Invested Capital	0.89	-0.11	-0.3	0.84	0.74	0.73	-0.41	0.14	0.43	0.73	0.03	-0.16	-0.3	-0.25	0.64	-0.25	0.13	-0.33	0.07	-0.03	0.06	0.17		0.72	-0.11	0.1
Net Working Capital	0.7	0.42	-0.22	0.72	0.76	0.31	-0.37	0.12	0.11	0.98	-0.19	-0.51	-0.22	-0.39	0.87	-0.39	0.64	-0.62	-0.57	-0.43	0.64	-0.52	0.72		0.52	-0.58
Capital Stock	0.0	0.86	-0.28	0.14	0.36	-0.4	-0.33	-0.31	-0.5	0.52	-0.43	-0.74	-0.28	-0.42	0.29	-0.42	0.95	-0.7	-0.91	-0.7	0.94	-0.9	-0.11	0.52		-0.9
Property Plant And Equipment Net	0.01	-0.83	0.21	-0.12	-0.31	0.38	0.29	0.21	0.35	-0.56	0.37	0.72	0.21	0.39	-0.38	0.39	-0.85	0.68	0.97	0.64	-0.93	0.97	0.1	-0.58	-0.9

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Transition Metals Account Relationship Matchups

Transition Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7M	9.3M	4.8M	3.4M	3.9M	6.4M
Other Current Liab	45.2K	109.8K	56.9K	166.0K	190.9K	200.4K
Total Current Liabilities	346.7K	381.1K	376.1K	384.9K	346.4K	294.5K
Total Stockholder Equity	7.3M	8.9M	4.5M	3.0M	3.5M	5.7M
Net Tangible Assets	5.3M	7.3M	8.9M	4.5M	5.1M	5.9M
Retained Earnings	(4.5M)	(3.3M)	(7.2M)	(9.4M)	(10.8M)	(11.4M)
Accounts Payable	186.9K	301.5K	271.3K	319.2K	287.3K	250.2K
Cash	1.5M	2.8M	1.4M	1.3M	1.2M	1.3M
Net Receivables	63.5K	320.2K	127.5K	36.4K	32.7K	31.1K
Short Term Investments	2.2M	3.9M	1.8M	919.5K	1.1M	1.1M
Other Current Assets	49.6K	49.7K	49.8K	50.0K	45.0K	41.1K
Other Stockholder Equity	581.6K	750.7K	915.5K	330.7K	297.6K	282.7K
Total Liab	346.7K	381.1K	376.1K	384.9K	346.4K	294.6K
Total Current Assets	3.8M	7.1M	3.4M	2.4M	2.8M	3.2M
Common Stock	9.9M	11.0M	11.3M	11.3M	13.0M	10.8M
Property Plant Equipment	235.1K	231.6K	118.1K	102.7K	92.4K	87.8K
Non Current Assets Total	3.8M	2.2M	1.4M	1.0M	927.3K	881.0K
Common Stock Shares Outstanding	45.7M	57.2M	57.1M	59.5M	68.4M	50.6M
Long Term Investments	3.6M	2.0M	1.3M	940.4K	846.4K	804.1K
Net Invested Capital	7.3M	8.9M	4.5M	3.0M	2.7M	4.5M
Net Working Capital	3.5M	6.8M	3.1M	2.0M	2.3M	3.0M
Capital Stock	11.0M	11.3M	11.3M	11.9M	13.7M	11.9M

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