Traeger Accounts Payable vs Capital Lease Obligations Analysis
| COOK Stock | USD 2.64 0.16 6.45% |
Traeger financial indicator trend analysis is much more than just breaking down Traeger prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Traeger is a good investment. Please check the relationship between Traeger Accounts Payable and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
Accounts Payable vs Capital Lease Obligations
Accounts Payable vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Traeger Accounts Payable account and Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Traeger's Accounts Payable and Capital Lease Obligations is 0.59. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Traeger, assuming nothing else is changed. The correlation between historical values of Traeger's Accounts Payable and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Traeger are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Accounts Payable i.e., Traeger's Accounts Payable and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Traeger obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Traeger are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Lease Obligations
Traeger capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Traeger asset purchases. For example, Traeger can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Traeger control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Traeger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Traeger 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 Traeger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.At this time, Traeger's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 110.96 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.14.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.6M | 27.9M | 31.3M | 25.5M | Depreciation And Amortization | 50.2M | 49.4M | 57.8M | 53.8M |
Traeger fundamental ratios Correlations
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Traeger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.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 Traeger's price analysis, check to measure Traeger'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 Traeger is operating at the current time. Most of Traeger's value examination focuses on studying past and present price action to predict the probability of Traeger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traeger's price. Additionally, you may evaluate how the addition of Traeger to your portfolios can decrease your overall portfolio volatility.
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Is Traeger'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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 4.806 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) | Return On Equity (0.25) |
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.