Topbuild Other Current Liab vs Other Stockholder Equity Analysis

BLD Stock

USD 407.08 15.83 4.05%

Topbuild Corp financial indicator trend analysis is much more than just breaking down Topbuild Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Topbuild Corp is a good investment. Please check the relationship between Topbuild Corp Other Current Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Topbuild Corp Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Topbuild Corp's Other Current Liab and Other Stockholder Equity is -0.8. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Topbuild Corp, assuming nothing else is changed. The correlation between historical values of Topbuild Corp's Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Topbuild Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Topbuild Corp's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Other Current Liab

Other Stockholder Equity

Most indicators from Topbuild Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Topbuild Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.At present, Topbuild Corp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.44, whereas Discontinued Operations is forecasted to decline to (183.5 K).

	2021	2022	2023	2024 (projected)
Interest Expense	29.1M	56.7M	74.6M	78.3M
Depreciation And Amortization	79.4M	125.0M	143.8M	151.0M

Interest Expense Depreciation And Amortization

Topbuild Corp fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Property Plant Equipment	Net Tangible Assets
Total Assets		-0.78	0.97	0.99	0.95	0.84	0.99	0.84	0.97	0.64	0.99	0.92	0.2	0.76	0.99	0.99	0.98	0.96	0.87	-0.89	0.98	0.99	0.84	0.92	0.88	-0.87
Common Stock Shares Outstanding	-0.78		-0.7	-0.81	-0.73	-0.72	-0.79	-0.69	-0.82	-0.86	-0.79	-0.77	-0.37	-0.72	-0.8	-0.81	-0.79	-0.73	-0.72	0.96	-0.8	-0.79	-0.95	-0.9	-0.93	0.77
Other Current Liab	0.97	-0.7		0.94	0.97	0.72	0.96	0.77	0.91	0.6	0.96	0.87	0.1	0.64	0.95	0.96	0.93	0.96	0.79	-0.8	0.93	0.96	0.8	0.88	0.85	-0.81
Total Current Liabilities	0.99	-0.81	0.94		0.9	0.87	0.98	0.9	0.99	0.62	0.99	0.94	0.23	0.77	0.99	0.99	0.99	0.97	0.89	-0.92	1.0	0.98	0.84	0.93	0.88	-0.9
Total Stockholder Equity	0.95	-0.73	0.97	0.9		0.73	0.92	0.64	0.87	0.73	0.91	0.8	0.16	0.69	0.92	0.92	0.87	0.89	0.78	-0.82	0.88	0.92	0.85	0.84	0.86	-0.71
Other Liab	0.84	-0.72	0.72	0.87	0.73		0.79	0.74	0.9	0.61	0.81	0.8	0.4	0.85	0.85	0.81	0.87	0.79	0.95	-0.84	0.87	0.79	0.75	0.75	0.71	-0.74
Property Plant And Equipment Net	0.99	-0.79	0.96	0.98	0.92	0.79		0.87	0.95	0.61	0.99	0.94	0.2	0.75	0.98	0.99	0.98	0.95	0.81	-0.9	0.98	1.0	0.82	0.92	0.88	-0.88
Net Debt	0.84	-0.69	0.77	0.9	0.64	0.74	0.87		0.9	0.32	0.9	0.9	0.13	0.59	0.87	0.88	0.92	0.88	0.75	-0.78	0.92	0.87	0.64	0.86	0.74	-0.94
Accounts Payable	0.97	-0.82	0.91	0.99	0.87	0.9	0.95	0.9		0.62	0.97	0.93	0.27	0.78	0.98	0.97	0.99	0.96	0.9	-0.92	0.99	0.95	0.84	0.93	0.87	-0.9
Cash	0.64	-0.86	0.6	0.62	0.73	0.61	0.61	0.32	0.62		0.6	0.51	0.32	0.63	0.62	0.63	0.58	0.54	0.62	-0.8	0.59	0.61	0.92	0.71	0.83	-0.5
Non Current Assets Total	0.99	-0.79	0.96	0.99	0.91	0.81	0.99	0.9	0.97	0.6		0.93	0.16	0.71	0.98	1.0	0.99	0.97	0.84	-0.88	0.99	0.99	0.83	0.95	0.89	-0.92
Non Currrent Assets Other	0.92	-0.77	0.87	0.94	0.8	0.8	0.94	0.9	0.93	0.51	0.93		0.41	0.81	0.93	0.93	0.94	0.92	0.81	-0.87	0.94	0.94	0.75	0.87	0.79	-0.83
Other Assets	0.2	-0.37	0.1	0.23	0.16	0.4	0.2	0.13	0.27	0.32	0.16	0.41		0.72	0.19	0.17	0.22	0.08	0.27	-0.39	0.22	0.2	0.25	0.13	0.08	-0.06
Cash And Short Term Investments	0.76	-0.72	0.64	0.77	0.69	0.85	0.75	0.59	0.78	0.63	0.71	0.81	0.72		0.75	0.72	0.76	0.64	0.77	-0.83	0.76	0.75	0.69	0.62	0.61	-0.54
Net Receivables	0.99	-0.8	0.95	0.99	0.92	0.85	0.98	0.87	0.98	0.62	0.98	0.93	0.19	0.75		0.98	0.98	0.98	0.89	-0.9	0.99	0.98	0.84	0.92	0.88	-0.87
Good Will	0.99	-0.81	0.96	0.99	0.92	0.81	0.99	0.88	0.97	0.63	1.0	0.93	0.17	0.72	0.98		0.99	0.97	0.85	-0.9	0.99	0.99	0.85	0.95	0.9	-0.92
Non Current Liabilities Total	0.98	-0.79	0.93	0.99	0.87	0.87	0.98	0.92	0.99	0.58	0.99	0.94	0.22	0.76	0.98	0.99		0.96	0.88	-0.9	1.0	0.98	0.81	0.93	0.87	-0.93
Inventory	0.96	-0.73	0.96	0.97	0.89	0.79	0.95	0.88	0.96	0.54	0.97	0.92	0.08	0.64	0.98	0.97	0.96		0.84	-0.83	0.96	0.95	0.8	0.92	0.86	-0.87
Other Current Assets	0.87	-0.72	0.79	0.89	0.78	0.95	0.81	0.75	0.9	0.62	0.84	0.81	0.27	0.77	0.89	0.85	0.88	0.84		-0.82	0.88	0.81	0.79	0.79	0.75	-0.77
Other Stockholder Equity	-0.89	0.96	-0.8	-0.92	-0.82	-0.84	-0.9	-0.78	-0.92	-0.8	-0.88	-0.87	-0.39	-0.83	-0.9	-0.9	-0.9	-0.83	-0.82		-0.9	-0.9	-0.94	-0.91	-0.92	0.81
Total Liab	0.98	-0.8	0.93	1.0	0.88	0.87	0.98	0.92	0.99	0.59	0.99	0.94	0.22	0.76	0.99	0.99	1.0	0.96	0.88	-0.9		0.98	0.82	0.93	0.87	-0.92
Property Plant And Equipment Gross	0.99	-0.79	0.96	0.98	0.92	0.79	1.0	0.87	0.95	0.61	0.99	0.94	0.2	0.75	0.98	0.99	0.98	0.95	0.81	-0.9	0.98		0.82	0.92	0.88	-0.88
Total Current Assets	0.84	-0.95	0.8	0.84	0.85	0.75	0.82	0.64	0.84	0.92	0.83	0.75	0.25	0.69	0.84	0.85	0.81	0.8	0.79	-0.94	0.82	0.82		0.91	0.97	-0.75
Intangible Assets	0.92	-0.9	0.88	0.93	0.84	0.75	0.92	0.86	0.93	0.71	0.95	0.87	0.13	0.62	0.92	0.95	0.93	0.92	0.79	-0.91	0.93	0.92	0.91		0.97	-0.94
Property Plant Equipment	0.88	-0.93	0.85	0.88	0.86	0.71	0.88	0.74	0.87	0.83	0.89	0.79	0.08	0.61	0.88	0.9	0.87	0.86	0.75	-0.92	0.87	0.88	0.97	0.97		-0.85
Net Tangible Assets	-0.87	0.77	-0.81	-0.9	-0.71	-0.74	-0.88	-0.94	-0.9	-0.5	-0.92	-0.83	-0.06	-0.54	-0.87	-0.92	-0.93	-0.87	-0.77	0.81	-0.92	-0.88	-0.75	-0.94	-0.85

Click cells to compare fundamentals

Topbuild Corp Account Relationship Matchups

Topbuild Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.8B	4.3B	4.6B	5.2B	2.9B
Common Stock Shares Outstanding	34.4M	33.3M	33.1M	32.4M	31.8M	28.5M
Other Current Liab	82.3M	101.4M	161.6M	177.4M	204.0M	104.5M
Total Current Liabilities	476.8M	496.5M	733.4M	789.6M	771.5M	527.4M
Total Stockholder Equity	1.2B	1.3B	1.6B	1.9B	2.6B	1.5B
Other Liab	222.4M	232.9M	301.1M	313.6M	360.7M	220.1M
Property Plant And Equipment Net	265.2M	263.5M	421.8M	459.4M	469.1M	253.9M
Net Debt	637.5M	464.0M	1.5B	1.4B	571.5M	560.0M
Accounts Payable	308.0M	331.7M	461.9M	487.1M	469.6M	354.3M
Cash	184.8M	330.0M	139.8M	240.1M	848.6M	891.0M
Non Current Assets Total	1.8B	1.9B	3.1B	3.1B	3.1B	2.1B
Non Currrent Assets Other	5.6M	11.3M	13.2M	16.5M	10.9M	7.4M
Other Assets	9.9M	97.5M	9.7M	16.5M	18.9M	24.3M
Cash And Short Term Investments	184.8M	330.0M	139.8M	240.1M	276.1M	143.6M
Net Receivables	428.8M	427.3M	668.4M	836.1M	799.0M	478.8M
Good Will	1.4B	1.4B	1.9B	2.0B	2.0B	1.5B
Liabilities And Stockholders Equity	2.6B	2.8B	4.3B	4.6B	5.3B	2.7B
Non Current Liabilities Total	974.3M	970.0M	1.9B	1.9B	1.8B	1.0B
Inventory	149.1M	161.4M	352.8M	438.6M	364.7M	220.7M
Other Current Assets	17.1M	17.7M	26.7M	34.3M	36.9M	22.2M
Other Stockholder Equity	519.6M	471.7M	442.0M	194.6M	175.1M	166.4M
Total Liab	1.5B	1.5B	2.6B	2.7B	2.6B	1.5B
Property Plant And Equipment Gross	265.2M	263.5M	421.8M	459.4M	469.1M	253.9M
Total Current Assets	779.8M	936.4M	1.2B	1.5B	2.0B	2.2B
Accumulated Other Comprehensive Income	(243.0M)	(267.6M)	(6.6M)	(21.9M)	(25.2M)	(26.5M)
Intangible Assets	181.1M	190.6M	684.2M	615.0M	591.1M	620.6M
Property Plant Equipment	265.2M	180.1M	421.8M	459.4M	528.3M	554.7M
Net Tangible Assets	(396.2M)	(252.5M)	(997.5M)	(652.3M)	(587.0M)	(557.7M)
Retained Earnings	632.9M	876.7M	1.2B	1.8B	2.4B	2.5B
Long Term Debt	698.0M	683.4M	1.5B	1.4B	1.4B	779.7M
Deferred Long Term Liab	175.3M	168.6M	248.2M	251.5M	289.2M	209.0M
Short Long Term Debt	34.3M	23.3M	38.6M	40.1M	47.0M	30.0M
Short Term Debt	70.4M	56.8M	95.6M	103.2M	118.6M	124.6M
Common Stock	388K	389K	391K	393K	353.7K	336.0K
Short Long Term Debt Total	822.3M	794.0M	1.7B	1.7B	1.9B	2.0B
Common Stock Total Equity	388K	389K	391K	393K	452.0K	425.7K
Retained Earnings Total Equity	632.9M	876.7M	1.2B	1.8B	2.0B	2.1B
Long Term Debt Total	698.0M	683.4M	1.5B	1.4B	1.6B	1.7B
Capital Surpluse	849.7M	858.4M	873.0M	887.4M	1.0B	939.1M
Treasury Stock	(216.6M)	(330.0M)	(386.7M)	(431.0M)	(387.9M)	(368.5M)

Pair Trading with Topbuild Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Topbuild Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Topbuild Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Topbuild Stock

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0.68	DOGZ	Dogness International	Pair Corr

Moving against Topbuild Stock

0.77	ESCA	Escalade Incorporated Financial Report 14th of May 2024	Pair Corr
0.61	VUZI	Vuzix Corp Cmn Financial Report 8th of May 2024	Pair Corr
0.57	DXYN	Dixie Group Earnings Call This Week	Pair Corr
0.47	VMAR	Vision Marine Techno Financial Report 11th of July 2024	Pair Corr
0.45	VEEE	Twin Vee Powercats	Pair Corr

The ability to find closely correlated positions to Topbuild Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topbuild Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Topbuild Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Topbuild Corp to buy it.

The correlation of Topbuild Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Topbuild Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topbuild Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Topbuild Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Topbuild Corp is a strong investment it is important to analyze Topbuild Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Topbuild Corp's future performance. For an informed investment choice regarding Topbuild Stock, refer to the following important reports:

How To Invest In Topbuild

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Is Topbuild Stock a good investment?

Details

What is Topbuild Corp's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Topbuild Stock analysis

When running Topbuild Corp's price analysis, check to measure Topbuild Corp'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 Topbuild Corp is operating at the current time. Most of Topbuild Corp's value examination focuses on studying past and present price action to predict the probability of Topbuild Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topbuild Corp's price. Additionally, you may evaluate how the addition of Topbuild Corp to your portfolios can decrease your overall portfolio volatility.

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Is Topbuild Corp'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 Topbuild Corp. If investors know Topbuild 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 Topbuild Corp 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

0.019

Earnings Share

19.34

Revenue Per Share

164.402

Quarterly Revenue Growth

0.017

Return On Assets

0.1145

The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp'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 Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp'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 Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Topbuild Other Current Liab vs Other Stockholder Equity Analysis

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Other Current Liab

Other Stockholder Equity

Topbuild Corp fundamental ratios Correlations

Topbuild Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Topbuild Corp fundamental ratios Accounts

Pair Trading with Topbuild Corp

Moving together with Topbuild Stock

Moving against Topbuild Stock

Complementary Tools for Topbuild Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Total Current Assets	- 0.95	Common Stock Shares Outstanding
Net Tangible Assets	- 0.94	Intangible Assets
Total Current Assets	- 0.94	Other Stockholder Equity
Net Tangible Assets	- 0.94	Net Debt
Net Tangible Assets	- 0.93	Non Current Liabilities Total
Property Plant Equipment	- 0.93	Common Stock Shares Outstanding