Transportadora Total Revenue vs Tax Provision Analysis

TGS Stock  USD 19.20  0.70  3.78%   
Transportadora financial indicator trend analysis is much more than just breaking down Transportadora de Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transportadora de Gas is a good investment. Please check the relationship between Transportadora Total Revenue and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transportadora de Gas Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Transportadora's Total Revenue and Tax Provision is 0.75. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Transportadora de Gas, assuming nothing else is changed. The correlation between historical values of Transportadora's Total Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Transportadora de Gas are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., Transportadora's Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Transportadora de Gas generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Transportadora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transportadora de Gas 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 Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Transportadora's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 17 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.5B6.8B24.6B25.9B
Depreciation And Amortization18.9B23.5B166.5B174.8B

Transportadora fundamental ratios Correlations

1.00.961.01.01.01.00.691.00.291.0-0.020.991.0-0.931.00.990.080.971.01.01.00.990.71-0.021.0
1.00.961.01.01.01.00.661.00.291.0-0.021.00.99-0.921.00.990.030.981.01.01.00.990.69-0.061.0
0.960.960.960.960.960.950.740.960.350.96-0.040.940.96-0.950.960.940.030.910.960.960.950.930.780.060.95
1.01.00.960.990.991.00.661.00.30.99-0.021.00.99-0.921.00.990.00.981.00.991.00.990.68-0.081.0
1.01.00.960.991.01.00.711.00.281.0-0.020.991.0-0.931.00.980.110.961.01.00.990.980.710.011.0
1.01.00.960.991.01.00.711.00.291.0-0.020.991.0-0.941.00.980.10.961.01.00.990.980.720.011.0
1.01.00.951.01.01.00.651.00.271.0-0.021.00.99-0.921.00.990.030.981.01.01.00.990.68-0.061.0
0.690.660.740.660.710.710.650.690.470.71-0.070.620.74-0.830.670.580.60.520.670.710.650.580.860.650.67
1.01.00.961.01.01.01.00.690.311.0-0.030.991.0-0.931.00.990.060.971.01.01.00.990.7-0.031.0
0.290.290.350.30.280.290.270.470.310.28-0.110.290.31-0.460.290.26-0.040.240.290.270.290.260.540.170.27
1.01.00.960.991.01.01.00.711.00.28-0.020.991.0-0.941.00.980.10.961.01.00.990.980.720.011.0
-0.02-0.02-0.04-0.02-0.02-0.02-0.02-0.07-0.03-0.11-0.02-0.01-0.030.05-0.02-0.01-0.020.0-0.02-0.02-0.02-0.01-0.07-0.06-0.02
0.991.00.941.00.990.991.00.620.990.290.99-0.010.98-0.891.01.0-0.020.991.00.991.01.00.64-0.131.0
1.00.990.960.991.01.00.990.741.00.311.0-0.030.98-0.950.990.970.130.950.991.00.990.970.750.060.99
-0.93-0.92-0.95-0.92-0.93-0.94-0.92-0.83-0.93-0.46-0.940.05-0.89-0.95-0.93-0.88-0.17-0.84-0.93-0.93-0.91-0.88-0.91-0.24-0.92
1.01.00.961.01.01.01.00.671.00.291.0-0.021.00.99-0.930.990.040.981.01.01.00.990.7-0.051.0
0.990.990.940.990.980.980.990.580.990.260.98-0.011.00.97-0.880.99-0.061.00.990.981.01.00.61-0.170.99
0.080.030.030.00.110.10.030.60.06-0.040.1-0.02-0.020.13-0.170.04-0.06-0.120.040.110.02-0.060.330.850.05
0.970.980.910.980.960.960.980.520.970.240.960.00.990.95-0.840.981.0-0.120.980.970.991.00.55-0.250.98
1.01.00.961.01.01.01.00.671.00.291.0-0.021.00.99-0.931.00.990.040.981.01.00.990.7-0.051.0
1.01.00.960.991.01.01.00.711.00.271.0-0.020.991.0-0.931.00.980.110.971.00.990.980.70.01.0
1.01.00.951.00.990.991.00.651.00.290.99-0.021.00.99-0.911.01.00.020.991.00.991.00.66-0.091.0
0.990.990.930.990.980.980.990.580.990.260.98-0.011.00.97-0.880.991.0-0.061.00.990.981.00.61-0.180.99
0.710.690.780.680.710.720.680.860.70.540.72-0.070.640.75-0.910.70.610.330.550.70.70.660.610.550.69
-0.02-0.060.06-0.080.010.01-0.060.65-0.030.170.01-0.06-0.130.06-0.24-0.05-0.170.85-0.25-0.050.0-0.09-0.180.55-0.05
1.01.00.951.01.01.01.00.671.00.271.0-0.021.00.99-0.921.00.990.050.981.01.01.00.990.69-0.05
Click cells to compare fundamentals

Transportadora Account Relationship Matchups

Transportadora fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets95.6B128.6B208.2B412.1B1.5T1.6T
Short Long Term Debt Total33.6B43.9B52.6B94.6B467.3B490.7B
Other Current Liab1.9B4.1B12.5B5.7B24.0B25.2B
Total Current Liabilities8.0B8.1B20.3B21.2B126.5B132.8B
Total Stockholder Equity48.1B66.0B120.6B267.2B855.6B898.4B
Property Plant And Equipment Net74.6B98.9B150.2B294.5B992.8B1.0T
Net Debt23.8B39.2B48.2B91.6B460.7B483.8B
Retained Earnings13.6B3.3B20.9B32.3B23.5B24.7B
Accounts Payable4.1B2.8B6.1B10.5B41.7B43.8B
Cash9.8B4.7B4.4B3.0B6.6B6.9B
Non Current Assets Total74.7B112.8B172.7B334.8B1.1T1.2T
Non Currrent Assets Other9.0M9.6M8.9M14.9M21.5M20.4M
Cash And Short Term Investments10.8B6.8B17.7B42.3B329.4B345.9B
Net Receivables8.3B7.0B13.2B23.3B65.7B69.0B
Common Stock Shares Outstanding157.7M155.2M152.5M150.6M135.5M129.9M
Liabilities And Stockholders Equity95.6B128.6B208.2B412.1B1.5T1.6T
Non Current Liabilities Total39.6B54.5B67.3B123.7B560.3B588.4B
Inventory307.6M571.5M1.2B1.8B29.2B30.7B
Other Current Assets1.5B1.4B3.4B72.4B795.0M755.3M
Other Stockholder Equity(1.5B)(4.8B)(7.2B)(8.1B)313.2B328.9B
Total Liab47.5B62.6B87.6B144.9B686.8B721.2B
Property Plant And Equipment Gross80.0B98.9B315.0B633.3B2.1T2.2T
Total Current Assets20.9B15.8B35.5B77.3B425.2B446.4B
Accumulated Other Comprehensive Income7.6B30.5B51.0B134.1B518.1B544.0B
Short Term Debt1.7B936.8M1.2B3.9B56.3B59.1B
Common Stock28.3B37.0B55.9B108.9B752.7M715.0M
Current Deferred Revenue219.8M318.0M502.4M1.0B4.5B4.7B
Other Assets80.1B35M32M27.4M1.00.95
Long Term Debt32.0B40.5B49.0B87.6B400.2B420.2B
Short Term Investments1.0B2.1B13.3B39.3B322.8B339.0B
Property Plant Equipment74.6B98.9B150.2B294.5B338.7B355.6B
Other Liab5.7B7.7B11.5B15.9B18.3B19.2B
Net Tangible Assets47.6B48.1B66.0B120.6B138.7B145.6B
Long Term Investments84.1M13.9B22.5B40.3B107.6B113.0B
Short Long Term Debt1.4B456.7M551.9M1.3B4.3B4.5B
Long Term Debt Total34.2B58.8B51.4B90.7B104.3B109.5B
Capital Lease Obligations2.4B2.9B3.0B4.3B17.2B18.1B
Treasury Stock(1.7B)(1.2B)(2.7B)(4.1B)(3.7B)(3.5B)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Transportadora in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Transportadora's short interest history, or implied volatility extrapolated from Transportadora options trading.

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When determining whether Transportadora de Gas is a strong investment it is important to analyze Transportadora'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 Transportadora's future performance. For an informed investment choice regarding Transportadora Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Transportadora de Gas information on this page should be used as a complementary analysis to other Transportadora's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Transportadora's price analysis, check to measure Transportadora's 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 Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.
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Is Transportadora's 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 Transportadora. If investors know Transportadora 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 Transportadora 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
(0.57)
Earnings Share
0.18
Revenue Per Share
K
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0521
The market value of Transportadora de Gas is measured differently than its book value, which is the value of Transportadora that is recorded on the company's balance sheet. Investors also form their own opinion of Transportadora's value that differs from its market value or its book value, called intrinsic value, which is Transportadora'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 Transportadora's market value can be influenced by many factors that don't directly affect Transportadora'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 Transportadora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transportadora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transportadora'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.