Titan Ptb Ratio vs Capex To Depreciation Analysis

TI Stock

CAD 0.22 0.02 8.33%

Titan Mining financial indicator trend analysis is much more than just breaking down Titan Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Mining Corp is a good investment. Please check the relationship between Titan Mining Ptb Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Mining 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 estimate.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Mining Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Titan Mining's Ptb Ratio and Capex To Depreciation is -0.04. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Titan Mining Corp, assuming nothing else is changed. The correlation between historical values of Titan Mining's Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Titan Mining Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Titan Mining's Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Titan Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Mining 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 Titan Mining 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 estimate.

At this time, Titan Mining's Selling General Administrative is very stable compared to the past year. As of the 7th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Tax Provision is likely to drop about 13.3 K.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	11.9M	12.3M	13.0M	6.8M
Interest Income	10K	155K	234K	312.6K

Depreciation And Amortization Interest Income

Titan Mining fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Other Stockholder Equity	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab
Total Assets		0.68	0.63	0.5	0.51	0.7	0.78	0.96	0.79	-0.92	0.15	0.67	0.66	0.85	0.91	-0.78	0.86	0.85	0.04	0.59	0.72	0.5	0.7	0.65	0.59	0.76
Total Stockholder Equity	0.68		-0.02	0.69	0.69	0.0	0.61	0.58	0.15	-0.5	-0.4	0.02	0.89	0.5	0.42	-0.12	0.63	0.51	0.49	0.04	0.19	-0.24	0.39	0.02	0.22	0.11
Net Debt	0.63	-0.02		-0.23	-0.26	0.8	0.21	0.65	0.94	-0.67	0.44	0.78	-0.08	0.74	0.84	-0.79	0.53	0.73	-0.16	0.57	0.73	0.88	0.68	0.78	0.57	0.95
Cash	0.5	0.69	-0.23		0.95	0.2	0.85	0.56	0.1	-0.49	-0.2	0.25	0.83	0.15	0.25	-0.29	0.38	0.15	0.06	0.35	0.24	-0.13	0.18	0.17	0.19	0.03
Cash And Short Term Investments	0.51	0.69	-0.26	0.95		0.15	0.86	0.51	0.04	-0.41	-0.2	0.19	0.77	0.09	0.17	-0.23	0.31	0.09	0.04	0.29	0.18	-0.17	0.12	0.11	0.15	-0.04
Other Stockholder Equity	0.7	0.0	0.8	0.2	0.15		0.58	0.81	0.92	-0.82	0.55	0.94	0.16	0.63	0.83	-0.99	0.58	0.63	-0.42	0.85	0.84	0.9	0.58	0.92	0.63	0.91
Total Current Assets	0.78	0.61	0.21	0.85	0.86	0.58		0.82	0.49	-0.72	-0.04	0.63	0.7	0.38	0.56	-0.64	0.56	0.38	-0.02	0.68	0.63	0.33	0.48	0.57	0.51	0.43
Common Stock	0.96	0.58	0.65	0.56	0.51	0.81	0.82		0.84	-0.97	0.24	0.8	0.65	0.8	0.92	-0.88	0.85	0.79	-0.09	0.74	0.78	0.59	0.68	0.78	0.6	0.8
Short Long Term Debt Total	0.79	0.15	0.94	0.1	0.04	0.92	0.49	0.84		-0.85	0.43	0.89	0.18	0.8	0.94	-0.93	0.65	0.79	-0.2	0.71	0.84	0.88	0.74	0.86	0.66	0.99
Other Current Liab	-0.92	-0.5	-0.67	-0.49	-0.41	-0.82	-0.72	-0.97	-0.85		-0.39	-0.79	-0.63	-0.84	-0.94	0.89	-0.85	-0.84	0.23	-0.74	-0.75	-0.58	-0.6	-0.74	-0.6	-0.82
Total Current Liabilities	0.15	-0.4	0.44	-0.2	-0.2	0.55	-0.04	0.24	0.43	-0.39		0.47	-0.1	0.24	0.32	-0.52	0.13	0.23	-0.91	0.47	0.09	0.41	-0.27	0.44	-0.07	0.4
Other Liab	0.67	0.02	0.78	0.25	0.19	0.94	0.63	0.8	0.89	-0.79	0.47		0.16	0.51	0.78	-0.95	0.52	0.5	-0.39	0.93	0.84	0.88	0.57	0.95	0.61	0.86
Net Tangible Assets	0.66	0.89	-0.08	0.83	0.77	0.16	0.7	0.65	0.18	-0.63	-0.1	0.16		0.46	0.44	-0.28	0.67	0.46	0.13	0.27	0.19	-0.21	0.2	0.15	0.15	0.11
Property Plant And Equipment Net	0.85	0.5	0.74	0.15	0.09	0.63	0.38	0.8	0.8	-0.84	0.24	0.51	0.46		0.93	-0.69	0.86	1.0	0.07	0.35	0.63	0.5	0.7	0.51	0.55	0.82
Current Deferred Revenue	0.91	0.42	0.84	0.25	0.17	0.83	0.56	0.92	0.94	-0.94	0.32	0.78	0.44	0.93		-0.89	0.86	0.93	-0.07	0.65	0.81	0.71	0.76	0.77	0.66	0.94
Retained Earnings	-0.78	-0.12	-0.79	-0.29	-0.23	-0.99	-0.64	-0.88	-0.93	0.89	-0.52	-0.95	-0.28	-0.69	-0.89		-0.67	-0.68	0.39	-0.87	-0.85	-0.85	-0.6	-0.92	-0.62	-0.91
Accounts Payable	0.86	0.63	0.53	0.38	0.31	0.58	0.56	0.85	0.65	-0.85	0.13	0.52	0.67	0.86	0.86	-0.67		0.86	0.05	0.5	0.62	0.38	0.62	0.58	0.45	0.67
Non Current Assets Total	0.85	0.51	0.73	0.15	0.09	0.63	0.38	0.79	0.79	-0.84	0.23	0.5	0.46	1.0	0.93	-0.68	0.86		0.08	0.35	0.63	0.5	0.7	0.5	0.56	0.81
Non Currrent Assets Other	0.04	0.49	-0.16	0.06	0.04	-0.42	-0.02	-0.09	-0.2	0.23	-0.91	-0.39	0.13	0.07	-0.07	0.39	0.05	0.08		-0.48	0.01	-0.26	0.46	-0.31	0.15	-0.16
Other Assets	0.59	0.04	0.57	0.35	0.29	0.85	0.68	0.74	0.71	-0.74	0.47	0.93	0.27	0.35	0.65	-0.87	0.5	0.35	-0.48		0.78	0.73	0.37	0.89	0.56	0.67
Net Receivables	0.72	0.19	0.73	0.24	0.18	0.84	0.63	0.78	0.84	-0.75	0.09	0.84	0.19	0.63	0.81	-0.85	0.62	0.63	0.01	0.78		0.85	0.84	0.81	0.91	0.86
Common Stock Shares Outstanding	0.5	-0.24	0.88	-0.13	-0.17	0.9	0.33	0.59	0.88	-0.58	0.41	0.88	-0.21	0.5	0.71	-0.85	0.38	0.5	-0.26	0.73	0.85		0.66	0.87	0.66	0.9
Non Current Liabilities Total	0.7	0.39	0.68	0.18	0.12	0.58	0.48	0.68	0.74	-0.6	-0.27	0.57	0.2	0.7	0.76	-0.6	0.62	0.7	0.46	0.37	0.84	0.66		0.57	0.78	0.77
Inventory	0.65	0.02	0.78	0.17	0.11	0.92	0.57	0.78	0.86	-0.74	0.44	0.95	0.15	0.51	0.77	-0.92	0.58	0.5	-0.31	0.89	0.81	0.87	0.57		0.51	0.84
Other Current Assets	0.59	0.22	0.57	0.19	0.15	0.63	0.51	0.6	0.66	-0.6	-0.07	0.61	0.15	0.55	0.66	-0.62	0.45	0.56	0.15	0.56	0.91	0.66	0.78	0.51		0.69
Total Liab	0.76	0.11	0.95	0.03	-0.04	0.91	0.43	0.8	0.99	-0.82	0.4	0.86	0.11	0.82	0.94	-0.91	0.67	0.81	-0.16	0.67	0.86	0.9	0.77	0.84	0.69

Click cells to compare fundamentals

Titan Mining Account Relationship Matchups

Titan Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	78.5M	78.9M	77.6M	66.0M	52.8M	58.0M
Total Stockholder Equity	25.2M	17.6M	17.0M	10.5M	(2.3M)	(2.2M)
Net Debt	30.0M	30.2M	29.3M	23.5M	30.8M	15.7M
Cash	1.7M	7.5M	6.0M	6.7M	5.0M	6.0M
Cash And Short Term Investments	1.7M	7.5M	6.0M	6.7M	5.0M	6.9M
Liabilities And Stockholders Equity	78.5M	78.9M	77.6M	66.0M	52.8M	58.0M
Other Stockholder Equity	5.0M	6.7M	7.8M	8.8M	9.8M	10.3M
Total Current Assets	5.8M	13.0M	17.5M	17.6M	15.2M	12.2M
Common Stock	51.8M	51.9M	56.7M	61.1M	59.8M	50.6M
Short Long Term Debt Total	31.7M	37.7M	35.3M	30.2M	35.9M	27.1M
Other Current Liab	4.7M	2.1M	1.0M	5.4M	492K	467.4K
Total Current Liabilities	27.0M	16.1M	6.7M	10.3M	38.7M	40.7M
Other Liab	15.7M	16.1M	18.1M	19.1M	22.0M	17.9M
Net Tangible Assets	27.2M	25.2M	17.6M	17.0M	15.3M	18.5M
Property Plant And Equipment Net	71.0M	64.2M	58.1M	46.4M	36.9M	55.4M
Current Deferred Revenue	(4.7M)	436K	1.1M	(492K)	(565.8K)	(594.1K)
Retained Earnings	(36.5M)	(50.2M)	(51.9M)	(57.1M)	(68.3M)	(64.9M)
Accounts Payable	4.4M	4.4M	4.1M	4.6M	2.9M	4.5M
Non Current Assets Total	72.7M	65.9M	60.1M	48.4M	37.5M	57.2M
Non Currrent Assets Other	1.7M	1.8M	2.1M	2.0M	672K	638.4K
Other Assets	1.7M	1.8M	2.1M	2.0M	2.3M	2.0M
Net Receivables	653K	1.3M	3.2M	2.2M	1.5M	1.4M
Common Stock Shares Outstanding	102.0M	107.7M	127.3M	139.0M	137.6M	126.6M
Long Term Debt Total	10.2M	27.0M	34.8M	30.0M	34.4M	18.5M
Non Current Liabilities Total	26.3M	45.1M	53.9M	45.2M	16.3M	15.5M
Inventory	2.6M	3.1M	3.9M	6.9M	7.2M	3.7M
Other Current Assets	791K	1.0M	4.3M	1.2M	813K	1.3M
Total Liab	53.3M	61.3M	60.6M	55.5M	55.0M	52.2M
Property Plant And Equipment Gross	71.0M	64.2M	87.8M	88.0M	91.4M	72.7M
Short Long Term Debt	21.3M	10.2M	95K	8K	4.1M	4.6M
Accumulated Other Comprehensive Income	5.0M	6.7M	7.8M	6.5M	(3.5M)	(3.4M)
Short Term Debt	21.5M	10.7M	512K	272K	35.9M	37.6M
Property Plant Equipment	71.0M	64.2M	58.1M	46.4M	53.3M	57.5M
Net Invested Capital	56.5M	54.5M	51.7M	40.4M	1.9M	1.8M
Net Working Capital	(21.2M)	(3.2M)	10.8M	7.3M	(23.5M)	(22.3M)
Long Term Debt	10.0M	26.7M	34.6M	29.9M	34.3M	25.7M

Pair Trading with Titan Mining

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 Titan Mining 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 Titan Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Titan Stock

0.63

First Majestic Silver

Pair Corr

Moving against Titan Stock

0.5	XOM	EXXON MOBIL CDR	Pair Corr
0.49	AAPL	Apple Inc CDR	Pair Corr
0.43	BRK	Berkshire Hathaway CDR	Pair Corr
0.33	WMT	Walmart Inc CDR	Pair Corr

The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining 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 Titan Mining - 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 Titan Mining Corp to buy it.

The correlation of Titan Mining 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 Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining 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 Titan Mining 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.

Pair Correlation Correlation Matching

Other Information on Investing in Titan Stock

Balance Sheet is a snapshot of the financial position of Titan Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Titan Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titan Mining 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 Titan currently owns. An asset can also be divided into two categories, current and non-current.

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Titan Ptb Ratio vs Capex To Depreciation Analysis

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Ptb Ratio

Capex To Depreciation

Titan Mining fundamental ratios Correlations

Titan Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Titan Mining fundamental ratios Accounts

Pair Trading with Titan Mining

Moving together with Titan Stock

Moving against Titan Stock

Other Information on Investing in Titan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.96	Total Assets
Total Liab	+ 0.95	Net Debt
Cash And Short Term Investments	+ 0.95	Cash
Inventory	+ 0.95	Other Liab

Retained Earnings	- 0.99	Other Stockholder Equity
Other Current Liab	- 0.97	Common Stock
Retained Earnings	- 0.95	Other Liab
Current Deferred Revenue	- 0.94	Other Current Liab
Retained Earnings	- 0.93	Short Long Term Debt Total
Inventory	- 0.92	Retained Earnings