Target Other Current Assets from 2010 to 2024

TH Stock  USD 11.41  0.10  0.87%   
Target Hospitality's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 7.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2018-03-31
Previous Quarter
9.5 M
Current Value
7.9 M
Quarterly Volatility
3.2 M
 
Covid
Check Target Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target main balance sheet or income statement drivers, such as Interest Expense of 27.4 M, Selling General Administrative of 43.6 M or Total Revenue of 333.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.99, Dividend Yield of 0.0522 or PTB Ratio of 2.48. Target financial statements analysis is a perfect complement when working with Target Hospitality Valuation or Volatility modules.
  
This module can also supplement Target Hospitality's financial leverage analysis and stock options assessment as well as various Target Hospitality Technical models . Check out the analysis of Target Hospitality Correlation against competitors.

Latest Target Hospitality's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Target Hospitality Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Target Hospitality's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target Hospitality's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Target Other Current Assets Regression Statistics

Arithmetic Mean3,736,348
Geometric Mean343,351
Coefficient Of Variation120.15
Mean Deviation3,960,904
Median23,000
Standard Deviation4,489,310
Sample Variance20.2T
Range12.5M
R-Value0.87
Mean Square Error5.1T
R-Squared0.76
Significance0.00002
Slope877,623
Total Sum of Squares282.2T

Target Other Current Assets History

20247.6 M
20239.5 M
202212.6 M
20218.3 M
20208.4 M
20195.5 M
2018M

About Target Hospitality Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Target Hospitality income statement, its balance sheet, and the statement of cash flows. Target Hospitality investors use historical funamental indicators, such as Target Hospitality's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Target Hospitality investors may use each financial statement separately, they are all related. The changes in Target Hospitality's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Target Hospitality's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Target Hospitality Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Target Hospitality. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets9.5 M7.6 M

Currently Active Assets on Macroaxis

When determining whether Target Hospitality Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Target Hospitality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Target Hospitality Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Target Hospitality Corp Stock:
Check out the analysis of Target Hospitality Correlation against competitors.
Note that the Target Hospitality Corp information on this page should be used as a complementary analysis to other Target Hospitality'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Target Hospitality's price analysis, check to measure Target Hospitality'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 Target Hospitality is operating at the current time. Most of Target Hospitality's value examination focuses on studying past and present price action to predict the probability of Target Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target Hospitality's price. Additionally, you may evaluate how the addition of Target Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Target Hospitality'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 Target Hospitality. If investors know Target 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 Target Hospitality 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
(0.47)
Earnings Share
1.38
Revenue Per Share
5.155
Quarterly Revenue Growth
(0.28)
Return On Assets
0.2003
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality'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 Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality'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 Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality'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.