Theratechnologies Net Receivables vs Net Debt 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 Net Receivables and its Net Debt 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.
Net Receivables vs Net Debt
Net Receivables vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Theratechnologies Net Receivables account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Theratechnologies' Net Receivables and Net Debt is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Theratechnologies, assuming nothing else is changed. The correlation between historical values of Theratechnologies' Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Theratechnologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Theratechnologies' Net Receivables and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 |
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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