Total Cost Of Revenue vs Reconciled Depreciation Analysis

TOT Stock  CAD 9.50  0.29  3.15%   
Total Energy financial indicator trend analysis is much more than just breaking down Total Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Energy Services is a good investment. Please check the relationship between Total Energy Cost Of Revenue and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Total Energy Services Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Total Energy's Cost Of Revenue and Reconciled Depreciation is 0.47. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Total Energy Services, assuming nothing else is changed. The correlation between historical values of Total Energy's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Total Energy Services are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Total Energy's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Total Energy Services income statement and represents the costs associated with goods and services Total Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from Total Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Energy Services 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 Total Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Total Energy's Tax Provision is very stable compared to the past year. As of the 15th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 26.7 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue406.2M668.6M759.1M797.0M
EBITDA81.6M128.0M147.2M154.6M

Total Energy fundamental ratios Correlations

0.890.740.970.990.820.720.860.990.50.930.920.890.11-0.390.970.60.790.52-0.590.71-0.180.870.870.280.37
0.890.650.790.920.970.380.770.920.260.820.970.730.09-0.320.950.450.650.7-0.310.68-0.060.850.880.10.24
0.740.650.660.70.560.40.860.690.370.650.60.60.03-0.390.780.810.920.56-0.490.81-0.550.760.770.740.4
0.970.790.660.960.70.840.770.960.540.920.840.930.1-0.410.890.610.760.39-0.70.66-0.220.820.820.280.39
0.990.920.70.960.870.70.821.00.430.90.950.860.17-0.430.970.540.730.57-0.560.68-0.140.840.850.20.28
0.820.970.560.70.870.30.70.870.180.730.950.630.17-0.310.890.340.530.73-0.20.60.030.740.78-0.020.03
0.720.380.40.840.70.30.490.70.490.670.50.70.27-0.310.560.380.530.12-0.850.4-0.250.420.40.160.29
0.860.770.860.770.820.70.490.820.590.740.770.69-0.02-0.330.90.630.810.47-0.390.69-0.190.790.790.480.36
0.990.920.690.961.00.870.70.820.420.90.950.860.17-0.430.970.540.730.57-0.560.67-0.140.840.850.190.27
0.50.260.370.540.430.180.490.590.420.610.380.59-0.55-0.010.440.420.57-0.28-0.440.49-0.150.420.40.320.4
0.930.820.650.920.90.730.670.740.90.610.870.89-0.13-0.250.880.650.830.36-0.680.74-0.290.830.840.270.54
0.920.970.60.840.950.950.50.770.950.380.870.760.08-0.30.950.420.650.58-0.410.64-0.050.80.830.050.24
0.890.730.60.930.860.630.70.690.860.590.890.76-0.18-0.410.80.680.740.3-0.590.73-0.250.880.870.330.38
0.110.090.030.10.170.170.27-0.020.17-0.55-0.130.08-0.18-0.110.1-0.25-0.170.5-0.12-0.230.14-0.17-0.16-0.26-0.38
-0.39-0.32-0.39-0.41-0.43-0.31-0.31-0.33-0.43-0.01-0.25-0.3-0.41-0.11-0.35-0.44-0.3-0.20.15-0.180.2-0.43-0.43-0.340.08
0.970.950.780.890.970.890.560.90.970.440.880.950.80.1-0.350.550.770.63-0.450.72-0.130.870.880.260.33
0.60.450.810.610.540.340.380.630.540.420.650.420.68-0.25-0.440.550.890.21-0.560.7-0.70.780.780.830.5
0.790.650.920.760.730.530.530.810.730.570.830.650.74-0.17-0.30.770.890.35-0.70.86-0.660.810.820.730.58
0.520.70.560.390.570.730.120.470.57-0.280.360.580.30.5-0.20.630.210.35-0.090.5-0.040.460.5-0.01-0.05
-0.59-0.31-0.49-0.7-0.56-0.2-0.85-0.39-0.56-0.44-0.68-0.41-0.59-0.120.15-0.45-0.56-0.7-0.09-0.540.65-0.39-0.39-0.38-0.51
0.710.680.810.660.680.60.40.690.670.490.740.640.73-0.23-0.180.720.70.860.5-0.54-0.560.750.780.520.37
-0.18-0.06-0.55-0.22-0.140.03-0.25-0.19-0.14-0.15-0.29-0.05-0.250.140.2-0.13-0.7-0.66-0.040.65-0.56-0.27-0.3-0.75-0.39
0.870.850.760.820.840.740.420.790.840.420.830.80.88-0.17-0.430.870.780.810.46-0.390.75-0.271.00.490.44
0.870.880.770.820.850.780.40.790.850.40.840.830.87-0.16-0.430.880.780.820.5-0.390.78-0.31.00.480.42
0.280.10.740.280.2-0.020.160.480.190.320.270.050.33-0.26-0.340.260.830.73-0.01-0.380.52-0.750.490.480.44
0.370.240.40.390.280.030.290.360.270.40.540.240.38-0.380.080.330.50.58-0.05-0.510.37-0.390.440.420.44
Click cells to compare fundamentals

Total Energy Account Relationship Matchups

Total Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets997.2M849.6M813.5M878.6M861.7M493.0M
Short Long Term Debt Total298.3M247.9M202.6M134.8M155.0M103.3M
Total Current Liabilities152.2M61.7M88.4M187.8M177.0M185.9M
Total Stockholder Equity543.4M510.4M492.9M521.5M530.2M293.2M
Property Plant And Equipment Net730.6M637.7M576.3M567.5M557.2M345.5M
Net Debt278.4M224.9M169.3M100.7M45.1M89.2M
Retained Earnings268.1M240.1M242.9M273.8M299.7M167.3M
Accounts Payable50.4M16.5M33.6M53.2M43.4M26.9M
Non Current Assets Total741.7M648.9M587.8M578.6M561.2M352.9M
Net Receivables118.3M74.7M92.8M155.1M102.9M62.3M
Common Stock Shares Outstanding45.6M45.1M44.7M43.0M40.0M35.7M
Liabilities And Stockholders Equity997.2M849.6M813.5M878.6M1.0B1.1B
Non Current Liabilities Total301.8M276.8M231.7M168.8M153.9M123.3M
Inventory105.7M95.6M89.9M91.6M98.2M49.3M
Other Current Assets664K566K487K378K434.7K413.0K
Other Stockholder Equity7.5M5.0M5.8M3.6M3.2M3.1M
Total Liab454.0M338.6M320.1M356.6M330.9M199.7M
Property Plant And Equipment Gross730.6M637.7M1.2B1.2B1.3B1.3B
Total Current Assets255.4M200.7M225.7M300.0M300.5M315.5M
Accumulated Other Comprehensive Income(16.7M)(18.7M)(26.7M)(17.0M)(15.3M)(16.1M)
Short Term Debt49.9M9.0M6.6M7.2M8.2M15.7M
Other Current Liab96.1M59.8M31.9M63.6M73.1M76.7M
Common Stock Total Equity291.3M288.9M284.5M284.1M326.7M179.9M
Common Stock284.5M284.1M270.9M261.1M300.3M198.7M
Current Deferred Revenue3.9M6.4M16.3M63.9M73.5M77.2M
Cash19.9M23.0M33.4M34.1M47.9M26.1M
Cash And Short Term Investments19.9M23.0M33.4M34.1M39.2M24.0M
Other Liab53.4M37.9M35.7M41.1M37.0M41.0M
Net Tangible Assets539.3M506.3M488.8M517.4M595.0M506.4M
Long Term Debt236.3M230.5M187.9M118.0M90.9M162.5M
Short Long Term Debt41.6M2.6M2.6M2.0M2.1M1.9M
Property Plant Equipment730.6M637.7M576.3M567.5M652.6M621.8M
Long Term Debt Total248.4M238.9M196.0M127.6M146.8M220.3M
Capital Surpluse7.5M5.0M5.8M3.6M3.2M4.6M
Capital Lease Obligations20.4M14.8M12.1M14.8M15.8M13.2M
Net Invested Capital821.2M743.4M683.4M641.5M623.2M597.9M
Cash And Equivalents19.9M23.0M33.4M34.1M39.2M29.7M

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Total Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Total Stock analysis

When running Total Energy's price analysis, check to measure Total Energy'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 Total Energy is operating at the current time. Most of Total Energy's value examination focuses on studying past and present price action to predict the probability of Total Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Total Energy's price. Additionally, you may evaluate how the addition of Total Energy to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Fundamental Analysis
View fundamental data based on most recent published financial statements
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Please note, there is a significant difference between Total Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Total Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Total Energy'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.