Taseko Long Term Debt Total vs Net Invested Capital Analysis

TGB Stock  USD 2.08  0.01  0.48%   
Taseko Mines financial indicator trend analysis is much more than just breaking down Taseko Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taseko Mines is a good investment. Please check the relationship between Taseko Mines Long Term Debt Total and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.

Long Term Debt Total vs Net Invested Capital

Long Term Debt Total vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taseko Mines Long Term Debt Total account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taseko Mines' Long Term Debt Total and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Taseko Mines, assuming nothing else is changed. The correlation between historical values of Taseko Mines' Long Term Debt Total and Net Invested Capital 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 Debt Total of Taseko Mines are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt Total i.e., Taseko Mines' Long Term Debt Total and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Taseko Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taseko Mines 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 Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.At present, Taseko Mines' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 18.2 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.02.
 2021 2022 2023 2024 (projected)
Total Operating Expenses20.9M15.0M21.1M15.2M
Other Operating Expenses290.4M352.4M338.7M191.8M

Taseko Mines fundamental ratios Correlations

0.910.920.790.480.890.780.570.310.89-0.040.31-0.10.910.08-0.040.910.80.40.58-0.520.290.770.840.68-0.21
0.910.920.90.520.940.780.540.30.960.10.30.060.970.20.050.970.890.440.74-0.260.290.850.810.6-0.2
0.920.920.850.240.950.920.340.170.93-0.210.16-0.240.98-0.01-0.150.980.960.260.72-0.580.250.940.860.72-0.41
0.790.90.850.390.860.750.350.20.87-0.030.210.170.860.08-0.090.890.860.370.88-0.240.420.850.610.61-0.31
0.480.520.240.390.30.020.840.560.390.530.570.580.320.430.330.330.140.710.140.340.360.070.20.090.39
0.890.940.950.860.30.940.35-0.010.99-0.15-0.01-0.130.97-0.09-0.230.970.920.130.75-0.490.290.90.840.76-0.26
0.780.780.920.750.020.940.12-0.240.9-0.4-0.25-0.330.89-0.33-0.440.880.89-0.120.69-0.690.250.890.780.82-0.36
0.570.540.340.350.840.350.120.560.420.260.580.290.380.360.260.380.220.630.010.120.270.160.260.050.11
0.310.30.170.20.56-0.01-0.240.560.040.451.00.220.180.750.690.190.130.950.030.270.020.080.16-0.27-0.08
0.890.960.930.870.390.990.90.420.04-0.050.04-0.050.97-0.03-0.170.970.90.180.73-0.390.320.860.830.72-0.18
-0.040.1-0.21-0.030.53-0.15-0.40.260.45-0.050.440.57-0.090.730.77-0.08-0.250.48-0.10.650.13-0.26-0.09-0.260.58
0.310.30.160.210.57-0.01-0.250.581.00.040.440.240.180.740.670.190.130.950.030.290.020.070.16-0.28-0.07
-0.10.06-0.240.170.58-0.13-0.330.290.22-0.050.570.24-0.170.30.25-0.13-0.230.380.190.70.05-0.25-0.39-0.060.45
0.910.970.980.860.320.970.890.380.180.97-0.090.18-0.170.08-0.061.00.960.30.75-0.450.220.930.890.67-0.34
0.080.2-0.010.080.43-0.09-0.330.360.75-0.030.730.740.30.080.980.080.00.760.030.48-0.09-0.010.04-0.39-0.08
-0.040.05-0.15-0.090.33-0.23-0.440.260.69-0.170.770.670.25-0.060.98-0.07-0.150.66-0.130.48-0.14-0.16-0.04-0.470.01
0.910.970.980.890.330.970.880.380.190.97-0.080.19-0.131.00.08-0.070.960.310.78-0.430.250.940.870.67-0.34
0.80.890.960.860.140.920.890.220.130.9-0.250.13-0.230.960.0-0.150.960.230.81-0.480.170.970.820.64-0.51
0.40.440.260.370.710.13-0.120.630.950.180.480.950.380.30.760.660.310.230.220.30.090.190.19-0.12-0.06
0.580.740.720.880.140.750.690.010.030.73-0.10.030.190.750.03-0.130.780.810.22-0.190.060.830.540.6-0.4
-0.52-0.26-0.58-0.240.34-0.49-0.690.120.27-0.390.650.290.7-0.450.480.48-0.43-0.480.3-0.19-0.06-0.52-0.53-0.640.45
0.290.290.250.420.360.290.250.270.020.320.130.020.050.22-0.09-0.140.250.170.090.06-0.060.140.040.20.22
0.770.850.940.850.070.90.890.160.080.86-0.260.07-0.250.93-0.01-0.160.940.970.190.83-0.520.140.780.66-0.53
0.840.810.860.610.20.840.780.260.160.83-0.090.16-0.390.890.04-0.040.870.820.190.54-0.530.040.780.54-0.23
0.680.60.720.610.090.760.820.05-0.270.72-0.26-0.28-0.060.67-0.39-0.470.670.64-0.120.6-0.640.20.660.54-0.09
-0.21-0.2-0.41-0.310.39-0.26-0.360.11-0.08-0.180.58-0.070.45-0.34-0.080.01-0.34-0.51-0.06-0.40.450.22-0.53-0.23-0.09
Click cells to compare fundamentals

Taseko Mines Account Relationship Matchups

Taseko Mines fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding243.9M250.5M287.5M286.2M291.0M305.5M
Total Assets884.0M910.4M1.2B1.3B1.6B1.6B
Short Long Term Debt Total373.5M363.4M533.1M587.5M632.4M664.0M
Total Current Liabilities67.3M78.5M103.5M112.6M141.2M148.2M
Total Stockholder Equity301.7M317.4M358.5M356.4M434.1M257.1M
Property Plant And Equipment Net758.0M742.6M837.8M1.0B1.3B1.4B
Net Debt320.3M278.3M296.3M466.6M535.9M562.7M
Accounts Payable24.2M32.8M30.1M31.7M28.6M23.7M
Cash53.2M85.1M236.8M120.9M96.5M73.4M
Non Current Assets Total770.1M753.2M846.0M1.0B1.3B1.4B
Non Currrent Assets Other4.4M4.1M1.7M1.8M17.6M34.3M
Cash And Short Term Investments53.9M86.9M239.9M123.4M97.8M77.5M
Net Receivables13.8M4.7M9.6M11.4M11.0M17.5M
Liabilities And Stockholders Equity884.0M910.4M1.2B1.3B1.6B1.6B
Non Current Liabilities Total515.0M514.5M721.2M809.6M991.0M1.0B
Other Current Assets2.5M6.8M11.6M13.2M17.7M18.5M
Other Stockholder Equity51.6M53.4M55.4M55.8M54.8M92.9M
Total Liab582.3M593.0M824.7M922.3M1.1B1.2B
Property Plant And Equipment Gross758.0M742.6M1.5B1.7B2.0B2.1B
Total Current Assets113.9M157.2M337.2M240.9M249.5M137.0M
Accumulated Other Comprehensive Income6.8M7.7M6.6M26.8M16.6M13.0M
Other Current Liab22.1M22.5M38.9M49.2M81.8M85.9M
Retained Earnings(193.1M)(216.6M)(180.1M)(206.1M)(123.4M)(129.5M)
Short Term Debt16.5M17.6M18.3M18.4M27.7M14.3M
Inventory43.6M58.8M79.9M92.8M122.9M129.1M
Other Liab158.0M168.7M207.8M241.5M277.7M291.6M
Net Tangible Assets296.3M312.1M353.3M350.8M403.4M423.6M
Other Assets4.4M4.1M1.7M1.8M1.6M1.5M
Long Term Debt336.5M326.5M503.4M566.1M603.3M633.5M
Good Will5.4M5.3M5.2M5.6M5.5M3.0M
Common Stock Total Equity422.1M423.4M436.3M472.9M543.8M313.0M
Short Term Investments730K1.8M3.1M2.6M1.3M1.3M
Long Term Investments5.5M4.0M1.6M1.2M1.4M1.3M
Short Long Term Debt6.6M7.5M6.5M8.5M11.1M16.6M
Common Stock436.3M472.9M476.6M479.9M486.1M337.6M
Property Plant Equipment758.0M742.6M837.8M1.0B1.2B1.2B
Current Deferred Revenue4.6M5.6M13.4M12.1M10.3M5.7M
Long Term Debt Total357.0M345.8M514.8M569.1M654.4M430.2M
Capital Surpluse51.6M53.4M55.4M55.8M64.2M55.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is 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 Taseko Mines. If investors know Taseko 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 Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
0.11
Revenue Per Share
2.037
Quarterly Revenue Growth
0.082
Return On Assets
0.0285
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' 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 Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' 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 Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' 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.