Theratechnologies Total Stockholder Equity vs Property Plant And Equipment Net 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 Total Stockholder Equity and its Property Plant And Equipment Net 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.
Total Stockholder Equity vs Property Plant And Equipment Net
Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Theratechnologies Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Theratechnologies' Total Stockholder Equity and Property Plant And Equipment Net is -0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Theratechnologies, assuming nothing else is changed. The correlation between historical values of Theratechnologies' Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Theratechnologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Theratechnologies' Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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