TMC Inventory vs Total Current Assets Analysis

TMC Stock

USD 0.99 0.02 2.06%

TMC The financial indicator trend analysis is much more than just breaking down TMC the metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMC the metals is a good investment. Please check the relationship between TMC The Inventory and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Inventory vs Total Current Assets

Inventory vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Inventory account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between TMC The's Inventory and Total Current Assets is -0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of TMC the metals, assuming nothing else is changed. The correlation between historical values of TMC The's Inventory 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 Inventory of TMC the metals 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 Inventory i.e., TMC The's Inventory and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Inventory

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 TMC The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMC the metals 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 TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At present, TMC The's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 18.3 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (4.65).

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	453K	418K	381K	363K
Cost Of Revenue	149.6M	174.1M	360K	342K

Reconciled Depreciation Cost Of Revenue

TMC The fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Term Investments	Inventory
Total Assets		0.91	0.9	0.88	0.96	0.98	0.82	-0.51	-0.85	-0.93	0.66	0.9	-0.05	0.66	0.86	0.16	0.83	0.82	0.96	0.89	0.9	0.87	0.9	0.42	-0.9	-0.95
Other Current Liab	0.91		1.0	0.66	0.91	0.92	0.69	-0.31	-0.95	-0.9	0.48	0.91	0.13	0.48	0.76	0.0	0.94	0.87	0.89	1.0	0.98	0.7	0.96	0.38	-0.95	-0.92
Total Current Liabilities	0.9	1.0		0.65	0.9	0.91	0.67	-0.31	-0.95	-0.89	0.48	0.9	0.15	0.48	0.76	-0.02	0.94	0.86	0.89	1.0	0.98	0.7	0.96	0.36	-0.95	-0.92
Total Stockholder Equity	0.88	0.66	0.65		0.75	0.83	0.89	-0.8	-0.51	-0.72	0.87	0.67	-0.23	0.87	0.91	0.25	0.51	0.54	0.86	0.64	0.63	0.96	0.63	0.33	-0.62	-0.76
Other Liab	0.96	0.91	0.9	0.75		0.99	0.68	-0.31	-0.92	-0.95	0.49	0.96	0.01	0.49	0.71	0.13	0.93	0.94	0.89	0.88	0.95	0.73	0.96	0.43	-0.93	-0.94
Net Tangible Assets	0.98	0.92	0.91	0.83	0.99		0.73	-0.45	-0.88	-0.92	0.61	0.92	0.03	0.61	0.81	0.09	0.88	0.89	0.95	0.89	0.93	0.82	0.94	0.37	-0.93	-0.96
Property Plant And Equipment Net	0.82	0.69	0.67	0.89	0.68	0.73		-0.62	-0.53	-0.79	0.66	0.72	-0.49	0.66	0.78	0.53	0.54	0.53	0.72	0.71	0.65	0.81	0.63	0.65	-0.53	-0.61
Net Debt	-0.51	-0.31	-0.31	-0.8	-0.31	-0.45	-0.62		0.05	0.21	-0.98	-0.15	-0.03	-0.98	-0.85	0.11	-0.04	-0.03	-0.63	-0.3	-0.22	-0.87	-0.18	0.16	0.27	0.47
Retained Earnings	-0.85	-0.95	-0.95	-0.51	-0.92	-0.88	-0.53	0.05		0.91	-0.24	-0.93	-0.14	-0.24	-0.56	-0.04	-0.98	-0.93	-0.8	-0.94	-0.97	-0.52	-0.97	-0.43	0.96	0.88
Accounts Payable	-0.93	-0.9	-0.89	-0.72	-0.95	-0.92	-0.79	0.21	0.91		-0.37	-0.99	0.23	-0.37	-0.64	-0.38	-0.91	-0.91	-0.81	-0.89	-0.93	-0.65	-0.94	-0.67	0.85	0.83
Cash	0.66	0.48	0.48	0.87	0.49	0.61	0.66	-0.98	-0.24	-0.37		0.32	0.11	1.0	0.93	-0.15	0.23	0.21	0.77	0.45	0.39	0.95	0.36	-0.13	-0.47	-0.65
Non Current Assets Total	0.9	0.91	0.9	0.67	0.96	0.92	0.72	-0.15	-0.93	-0.99	0.32		-0.18	0.32	0.59	0.34	0.95	0.96	0.78	0.9	0.95	0.6	0.97	0.65	-0.86	-0.82
Non Currrent Assets Other	-0.05	0.13	0.15	-0.23	0.01	0.03	-0.49	-0.03	-0.14	0.23	0.11	-0.18		0.11	0.13	-0.98	0.09	-0.02	0.19	0.1	0.09	0.02	0.06	-0.81	-0.31	-0.28
Cash And Short Term Investments	0.66	0.48	0.48	0.87	0.49	0.61	0.66	-0.98	-0.24	-0.37	1.0	0.32	0.11		0.93	-0.15	0.23	0.21	0.77	0.45	0.39	0.95	0.36	-0.13	-0.47	-0.65
Net Receivables	0.86	0.76	0.76	0.91	0.71	0.81	0.78	-0.85	-0.56	-0.64	0.93	0.59	0.13	0.93		-0.11	0.54	0.49	0.93	0.74	0.68	0.98	0.65	0.06	-0.73	-0.85
Common Stock Total Equity	0.16	0.0	-0.02	0.25	0.13	0.09	0.53	0.11	-0.04	-0.38	-0.15	0.34	-0.98	-0.15	-0.11		0.08	0.19	-0.11	0.04	0.06	-0.01	0.1	0.9	0.16	0.16
Common Stock Shares Outstanding	0.83	0.94	0.94	0.51	0.93	0.88	0.54	-0.04	-0.98	-0.91	0.23	0.95	0.09	0.23	0.54	0.08		0.97	0.76	0.93	0.98	0.51	0.99	0.46	-0.92	-0.85
Non Current Liabilities Total	0.82	0.87	0.86	0.54	0.94	0.89	0.53	-0.03	-0.93	-0.91	0.21	0.96	-0.02	0.21	0.49	0.19	0.97		0.72	0.84	0.94	0.49	0.97	0.51	-0.86	-0.8
Other Current Assets	0.96	0.89	0.89	0.86	0.89	0.95	0.72	-0.63	-0.8	-0.81	0.77	0.78	0.19	0.77	0.93	-0.11	0.76	0.72		0.87	0.86	0.92	0.84	0.16	-0.92	-0.98
Other Stockholder Equity	0.89	1.0	1.0	0.64	0.88	0.89	0.71	-0.3	-0.94	-0.89	0.45	0.9	0.1	0.45	0.74	0.04	0.93	0.84	0.87		0.97	0.68	0.94	0.41	-0.93	-0.89
Total Liab	0.9	0.98	0.98	0.63	0.95	0.93	0.65	-0.22	-0.97	-0.93	0.39	0.95	0.09	0.39	0.68	0.06	0.98	0.94	0.86	0.97		0.65	0.99	0.43	-0.95	-0.91
Total Current Assets	0.87	0.7	0.7	0.96	0.73	0.82	0.81	-0.87	-0.52	-0.65	0.95	0.6	0.02	0.95	0.98	-0.01	0.51	0.49	0.92	0.68	0.65		0.62	0.12	-0.68	-0.82
Common Stock	0.9	0.96	0.96	0.63	0.96	0.94	0.63	-0.18	-0.97	-0.94	0.36	0.97	0.06	0.36	0.65	0.1	0.99	0.97	0.84	0.94	0.99	0.62		0.45	-0.94	-0.9
Property Plant Equipment	0.42	0.38	0.36	0.33	0.43	0.37	0.65	0.16	-0.43	-0.67	-0.13	0.65	-0.81	-0.13	0.06	0.9	0.46	0.51	0.16	0.41	0.43	0.12	0.45		-0.21	-0.15
Short Term Investments	-0.9	-0.95	-0.95	-0.62	-0.93	-0.93	-0.53	0.27	0.96	0.85	-0.47	-0.86	-0.31	-0.47	-0.73	0.16	-0.92	-0.86	-0.92	-0.93	-0.95	-0.68	-0.94	-0.21		0.97
Inventory	-0.95	-0.92	-0.92	-0.76	-0.94	-0.96	-0.61	0.47	0.88	0.83	-0.65	-0.82	-0.28	-0.65	-0.85	0.16	-0.85	-0.8	-0.98	-0.89	-0.91	-0.82	-0.9	-0.15	0.97

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TMC The Account Relationship Matchups

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When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:

How To Invest In TMC

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Is TMC Stock a good investment?

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What is TMC The's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Is Diversified Metals & Mining 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 TMC The. If investors know TMC 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 TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.30)

Return On Assets

(0.84)

Return On Equity

(5.30)

The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The'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 TMC The's market value can be influenced by many factors that don't directly affect TMC The'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 TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The'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.

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TMC Inventory vs Total Current Assets Analysis

Inventory vs Total Current Assets

Inventory vs Total Current Assets Correlation Analysis

Correlation Coefficient

Inventory

Total Current Assets

TMC The fundamental ratios Correlations

TMC The Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Net Tangible Assets	+ 0.99	Other Liab
Common Stock	+ 0.99	Common Stock Shares Outstanding

Non Current Assets Total	- 0.99	Accounts Payable
Inventory	- 0.98	Other Current Assets
Common Stock Total Equity	- 0.98	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt