TransAct Common Stock vs Non Current Assets Total Analysis

TACT Stock  USD 3.79  0.08  2.07%   
TransAct Technologies financial indicator trend analysis is much more than just breaking down TransAct Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransAct Technologies is a good investment. Please check the relationship between TransAct Technologies Common Stock and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAct Technologies Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TransAct Technologies' Common Stock and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of TransAct Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of TransAct Technologies' Common Stock and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of TransAct Technologies Incorporated are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., TransAct Technologies' Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from TransAct Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransAct Technologies 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 TransAct Technologies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, TransAct Technologies' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.84 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.2M24.4M37.1M22.3M
Total Revenue39.4M58.1M72.6M59.6M

TransAct Technologies fundamental ratios Correlations

0.550.260.760.950.48-0.020.530.730.830.330.730.460.010.420.480.010.520.810.370.970.42-0.28-0.620.810.82
0.550.260.40.420.390.110.140.380.670.570.380.03-0.440.720.4-0.040.190.630.330.440.31-0.49-0.070.510.59
0.260.260.260.210.16-0.14-0.120.310.290.110.31-0.1-0.030.140.130.140.230.280.280.22-0.37-0.35-0.220.410.39
0.760.40.260.560.45-0.380.780.470.740.10.470.570.230.170.30.060.620.930.450.70.6-0.45-0.290.750.75
0.950.420.210.560.30.170.410.670.670.250.670.43-0.050.30.520.00.370.580.250.970.25-0.12-0.680.70.69
0.480.390.160.450.3-0.520.060.540.810.70.54-0.190.30.78-0.030.00.570.680.220.280.37-0.22-0.220.530.63
-0.020.11-0.14-0.380.17-0.52-0.09-0.24-0.29-0.22-0.240.16-0.78-0.120.230.2-0.79-0.38-0.360.1-0.40.080.04-0.26-0.25
0.530.14-0.120.780.410.06-0.090.190.37-0.150.190.90.11-0.140.06-0.130.310.620.120.550.47-0.14-0.190.280.32
0.730.380.310.470.670.54-0.240.190.690.481.00.02-0.040.520.03-0.060.680.620.540.660.39-0.45-0.90.670.74
0.830.670.290.740.670.81-0.290.370.690.630.690.130.060.710.250.00.570.90.340.670.46-0.47-0.410.830.91
0.330.570.110.10.250.7-0.22-0.150.480.630.48-0.340.010.85-0.21-0.180.260.4-0.060.170.07-0.2-0.260.390.53
0.730.380.310.470.670.54-0.240.191.00.690.480.02-0.040.520.03-0.060.680.620.540.660.39-0.45-0.90.670.74
0.460.03-0.10.570.43-0.190.160.90.020.13-0.340.020.04-0.320.14-0.150.10.37-0.040.550.230.13-0.130.070.08
0.01-0.44-0.030.23-0.050.3-0.780.11-0.040.060.01-0.040.04-0.16-0.08-0.150.540.130.02-0.010.170.430.040.10.01
0.420.720.140.170.30.78-0.12-0.140.520.710.850.52-0.32-0.160.05-0.070.290.530.220.250.24-0.24-0.20.380.5
0.480.40.130.30.52-0.030.230.060.030.25-0.210.030.14-0.080.050.280.090.270.430.530.27-0.040.050.440.28
0.01-0.040.140.060.00.00.2-0.13-0.060.0-0.18-0.06-0.15-0.15-0.070.28-0.20.020.090.010.09-0.320.110.230.17
0.520.190.230.620.370.57-0.790.310.680.570.260.680.10.540.290.09-0.20.660.680.440.6-0.2-0.480.530.54
0.810.630.280.930.580.68-0.380.620.620.90.40.620.370.130.530.270.020.660.510.690.63-0.49-0.330.780.82
0.370.330.280.450.250.22-0.360.120.540.34-0.060.54-0.040.020.220.430.090.680.510.350.6-0.46-0.320.480.39
0.970.440.220.70.970.280.10.550.660.670.170.660.55-0.010.250.530.010.440.690.350.36-0.17-0.650.710.69
0.420.31-0.370.60.250.37-0.40.470.390.460.070.390.230.170.240.270.090.60.630.60.36-0.34-0.170.430.42
-0.28-0.49-0.35-0.45-0.12-0.220.08-0.14-0.45-0.47-0.2-0.450.130.43-0.24-0.04-0.32-0.2-0.49-0.46-0.17-0.340.23-0.62-0.67
-0.62-0.07-0.22-0.29-0.68-0.220.04-0.19-0.9-0.41-0.26-0.9-0.130.04-0.20.050.11-0.48-0.33-0.32-0.65-0.170.23-0.48-0.52
0.810.510.410.750.70.53-0.260.280.670.830.390.670.070.10.380.440.230.530.780.480.710.43-0.62-0.480.96
0.820.590.390.750.690.63-0.250.320.740.910.530.740.080.010.50.280.170.540.820.390.690.42-0.67-0.520.96
Click cells to compare fundamentals

TransAct Technologies Account Relationship Matchups

TransAct Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.1M42.2M50.9M51.8M54.5M38.0M
Other Current Liab3.0M3.7M3.9M4.1M4.9M3.6M
Total Current Liabilities7.6M6.7M9.8M15.9M13.6M8.8M
Total Stockholder Equity25.9M30.2M39.0M33.9M39.4M26.3M
Property Plant And Equipment Net5.1M5.6M5.2M5.3M4.0M3.5M
Retained Earnings25.3M19.7M15.6M9.6M14.4M15.4M
Accounts Payable3.0M1.7M4.3M7.4M4.4M4.3M
Cash4.2M10.4M19.5M7.9M12.3M12.9M
Non Current Assets Total11.1M14.1M13.8M15.7M13.5M9.7M
Non Currrent Assets Other44K777K400K248K43.0K40.9K
Cash And Short Term Investments4.2M10.4M19.5M7.9M12.3M12.9M
Net Receivables7.4M3.5M9.1M15.4M9.8M9.4M
Common Stock Shares Outstanding7.7M7.8M9.3M9.9M10.0M7.4M
Liabilities And Stockholders Equity36.1M42.2M50.9M51.8M54.5M38.0M
Non Current Liabilities Total2.5M5.3M2.2M2.0M1.4M2.1M
Inventory12.1M11.3M7.7M12.0M17.8M11.2M
Other Current Assets1.3M644K738K724K1.1M650.3K
Other Stockholder Equity494K10.4M23.1M24.2M24.9M26.2M
Total Liab10.1M12.0M12.0M18.0M15.1M11.7M
Property Plant And Equipment Gross5.1M5.6M5.2M5.3M22.7M23.8M
Total Current Assets25.0M28.2M37.1M36.1M41.0M28.3M
Accumulated Other Comprehensive Income(31K)(38K)143K(79K)(49K)(51.5K)
Intangible Assets817K583K397K242K88K83.6K
Net Debt(1.2M)(4.5M)(16.9M)(3.1M)(8.4M)(8.0M)
Other Liab385K277K373K361K324.9K308.7K
Other Assets2.6M8.9M5.5M7.6M1.00.95
Property Plant Equipment2.2M2.0M5.2M2.8M2.5M3.0M
Current Deferred Revenue700K504K805K1.3M1.1M543.2K
Net Tangible Assets22.5M27.0M36.0M31.0M35.6M28.8M
Retained Earnings Total Equity27.5M25.3M19.7M9.6M8.7M8.2M
Capital Surpluse32.1M32.6M42.5M56.3M64.7M36.0M
Non Current Liabilities Other2.5M3.1M187K218K219K208.1K

Currently Active Assets on Macroaxis

When determining whether TransAct Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TransAct Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Transact Technologies Incorporated Stock. Highlighted below are key reports to facilitate an investment decision about Transact Technologies Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the TransAct Technologies information on this page should be used as a complementary analysis to other TransAct Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running TransAct Technologies' price analysis, check to measure TransAct Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.
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Is TransAct Technologies' industry 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 TransAct Technologies. If investors know TransAct 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 TransAct Technologies 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
0.8
Earnings Share
0.47
Revenue Per Share
6.128
Quarterly Revenue Growth
(0.52)
Return On Assets
0.0071
The market value of TransAct Technologies is measured differently than its book value, which is the value of TransAct that is recorded on the company's balance sheet. Investors also form their own opinion of TransAct Technologies' value that differs from its market value or its book value, called intrinsic value, which is TransAct Technologies' 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 TransAct Technologies' market value can be influenced by many factors that don't directly affect TransAct Technologies' 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 TransAct Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAct Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAct Technologies' 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.