Theratechnologies Cash vs Other Current Liab Analysis
TH Stock | CAD 1.71 0.02 1.16% |
Theratechnologies financial indicator trend analysis is much more than just breaking down Theratechnologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Theratechnologies is a good investment. Please check the relationship between Theratechnologies Cash and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Theratechnologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Theratechnologies Stock, please use our How to Invest in Theratechnologies guide.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Theratechnologies Cash account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Theratechnologies' Cash and Other Current Liab is 0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Theratechnologies, assuming nothing else is changed. The correlation between historical values of Theratechnologies' Cash and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Theratechnologies are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Theratechnologies' Cash and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Theratechnologies, which is listed under current asset account on Theratechnologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Theratechnologies customers. The amounts must be unrestricted with restricted cash listed in a different Theratechnologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Liab
Most indicators from Theratechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Theratechnologies 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 Theratechnologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Theratechnologies Stock, please use our How to Invest in Theratechnologies guide.At this time, Theratechnologies' Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Tax Provision is likely to grow to about 508.4 K, while Issuance Of Capital Stock is likely to drop about 16.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 53.8M | 62.1M | 71.4M | 75.0M | Total Revenue | 80.1M | 81.8M | 94.0M | 98.7M |
Theratechnologies fundamental ratios Correlations
Click cells to compare fundamentals
Theratechnologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Theratechnologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 100.1M | 119.2M | 93.3M | 77.8M | 89.4M | 65.2M | |
Short Long Term Debt Total | 50.7M | 55.4M | 56.7M | 66.7M | 76.7M | 80.6M | |
Total Current Liabilities | 41.9M | 45.1M | 114.3M | 47.3M | 54.4M | 57.1M | |
Total Stockholder Equity | 3.2M | 17.8M | (22.6M) | (20.9M) | (18.8M) | (17.8M) | |
Property Plant And Equipment Net | 3.5M | 2.9M | 3.1M | 2.0M | 1.8M | 1.3M | |
Net Debt | 42.6M | 36.3M | 42.9M | 23.9M | 27.5M | 28.8M | |
Retained Earnings | (300.1M) | (335.2M) | (382.6M) | (408.7M) | (367.8M) | (349.4M) | |
Accounts Payable | 17.5M | 15.5M | 12.9M | 7.0M | 8.0M | 6.4M | |
Cash | 12.7M | 20.4M | 23.9M | 34.1M | 39.2M | 41.2M | |
Non Current Assets Total | 35.3M | 27.3M | 19.9M | 14.5M | 16.6M | 29.9M | |
Non Currrent Assets Other | 17.1M | 12.2M | 621K | 1.8M | 1.6M | 1.5M | |
Cash And Short Term Investments | 40.6M | 20.8M | 40.4M | 33.1M | 38.0M | 20.2M | |
Net Receivables | 13.2M | 10.9M | 12.3M | 12.8M | 14.7M | 15.5M | |
Common Stock Shares Outstanding | 77.0M | 92.4M | 95.3M | 46.0M | 52.9M | 56.7M | |
Liabilities And Stockholders Equity | 117.6M | 100.1M | 119.2M | 93.3M | 107.2M | 62.9M | |
Non Current Liabilities Total | 55.0M | 56.4M | 1.6M | 51.3M | 59.0M | 62.0M | |
Inventory | 25.1M | 29.1M | 19.7M | 6.1M | 7.0M | 7.8M | |
Other Current Assets | 4.5M | 5.7M | 11.5M | 8.3M | 9.5M | 10.0M | |
Other Stockholder Equity | 15.2M | 16.5M | 17.3M | 20.9M | 18.8M | 17.9M | |
Total Liab | 96.9M | 101.5M | 115.8M | 98.6M | 113.4M | 119.1M | |
Property Plant And Equipment Gross | 3.5M | 3.6M | 3.9M | 3.2M | 2.9M | 3.0M | |
Total Current Assets | 64.8M | 91.9M | 73.4M | 63.3M | 72.8M | 76.4M | |
Accumulated Other Comprehensive Income | 21K | (481K) | (44K) | 385K | 442.8K | 464.9K | |
Short Term Debt | 20.6M | 425K | 463K | 65.3M | 75.1M | 78.8M | |
Intangible Assets | 31.9M | 23.8M | 15.0M | 12.5M | 14.4M | 12.3M | |
Other Current Liab | 23.9M | 58.1M | 36.1M | 1.5M | 1.7M | 1.6M | |
Short Term Investments | 8.0M | 20.0M | 9.2M | 6.3M | 5.7M | 9.9M | |
Current Deferred Revenue | 70K | 50K | 54K | 38K | 34.2K | 32.5K | |
Net Tangible Assets | (14.9M) | (28.6M) | (6.1M) | (37.6M) | (33.8M) | (32.1M) | |
Common Stock | 287.0M | 287.3M | 335.8M | 338.8M | 389.6M | 298.8M | |
Property Plant Equipment | 1.1M | 3.5M | 2.9M | 3.1M | 3.6M | 3.7M | |
Long Term Debt | 52.4M | 54.2M | 0.0 | 50.7M | 58.3M | 34.4M | |
Long Term Debt Total | 55.3M | 55.0M | 56.3M | 1.4M | 1.7M | 1.6M | |
Capital Surpluse | 10.8M | 12.1M | 12.8M | 18.8M | 21.6M | 12.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Theratechnologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Theratechnologies Stock, please use our How to Invest in Theratechnologies guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Theratechnologies Stock analysis
When running Theratechnologies' price analysis, check to measure Theratechnologies' 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 Theratechnologies is operating at the current time. Most of Theratechnologies' value examination focuses on studying past and present price action to predict the probability of Theratechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Theratechnologies' price. Additionally, you may evaluate how the addition of Theratechnologies to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |