Tirex Corp Current Liabilities vs. Retained Earnings
| TXMC Stock | USD 0.00001 0.00 0.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.49 |
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For Tirex Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tirex Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tirex Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tirex Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tirex Corp over time as well as its relative position and ranking within its peers.
Tirex |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tirex Corp. If investors know Tirex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tirex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tirex Corp is measured differently than its book value, which is the value of Tirex that is recorded on the company's balance sheet. Investors also form their own opinion of Tirex Corp's value that differs from its market value or its book value, called intrinsic value, which is Tirex Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tirex Corp's market value can be influenced by many factors that don't directly affect Tirex Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tirex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tirex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tirex Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tirex Corp Retained Earnings vs. Current Liabilities Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tirex Corp's current stock value. Our valuation model uses many indicators to compare Tirex Corp value to that of its competitors to determine the firm's financial worth. Tirex Corp is rated second in current liabilities category among its peers. It is currently regarded as top stock in retained earnings category among its peers . At present, Tirex Corp's Retained Earnings are projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tirex Corp's earnings, one of the primary drivers of an investment's value.Tirex Retained Earnings vs. Current Liabilities
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Tirex Corp |
| = | 4.98 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Tirex Corp |
| = | (33.9 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Tirex Retained Earnings Comparison
Tirex Corp is currently under evaluation in retained earnings category among its peers.
Tirex Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tirex Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tirex Corp will eventually generate negative long term returns. The profitability progress is the general direction of Tirex Corp's change in net profit over the period of time. It can combine multiple indicators of Tirex Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -51.2 K | -53.8 K | |
| Net Loss | -151 K | -143.4 K | |
| Income Before Tax | -151 K | -143.4 K | |
| Total Other Income Expense Net | -78.1 K | -74.2 K | |
| Net Loss | -151 K | -143.4 K | |
| Net Loss | -151 K | -143.4 K | |
| Change To Netincome | -2.7 M | -2.6 M | |
| Income Quality | (0.03) | (0.02) | |
| Net Income Per E B T | 0.75 | 0.66 |
Tirex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tirex Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tirex Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tirex Corp's important profitability drivers and their relationship over time.
Use Tirex Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tirex Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tirex Corp will appreciate offsetting losses from the drop in the long position's value.Tirex Corp Pair Trading
Tirex Corp Pair Trading Analysis
The ability to find closely correlated positions to Tirex Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tirex Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tirex Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tirex Corp to buy it.
The correlation of Tirex Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tirex Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tirex Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tirex Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tirex Corp position
In addition to having Tirex Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. For information on how to trade Tirex Stock refer to our How to Trade Tirex Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
To fully project Tirex Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tirex Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tirex Corp's income statement, its balance sheet, and the statement of cash flows.