Trxade Short Term Debt vs Total Current Assets Analysis

MEDS Stock

USD 6.01 0.03 0.50%

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

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trxade Group Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Trxade's Short Term Debt and Total Current Assets is -0.19. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Trxade Group, assuming nothing else is changed. The correlation between historical values of Trxade's Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Trxade Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Trxade's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Selling General Administrative is likely to drop to about 4.8 M in 2024. Discontinued Operations is likely to drop to about (1.5 M) in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	9.9M	11.4M	8.3M	6.6M
Depreciation And Amortization	138.9K	216.8K	1.0M	1.1M

Total Revenue Depreciation And Amortization

Trxade fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Current Deferred Revenue
Total Assets		0.73	0.82	0.48	0.44	-0.88	0.85	0.4	0.4	-0.76	0.87	0.27	0.94	0.84	0.64	-0.83	0.16	0.14	0.63	0.86	0.28	0.99	0.29	0.91	0.65	0.79
Other Current Liab	0.73		0.9	-0.12	0.78	-0.91	0.91	-0.16	-0.16	-0.51	0.88	0.23	0.84	0.91	0.12	-0.6	0.21	0.19	0.48	0.87	0.0	0.77	-0.14	0.82	0.49	0.84
Total Current Liabilities	0.82	0.9		-0.11	0.87	-0.9	0.99	-0.19	-0.19	-0.48	0.99	0.05	0.85	0.99	0.1	-0.61	0.31	0.3	0.34	0.99	-0.08	0.86	-0.17	0.92	0.37	0.99
Total Stockholder Equity	0.48	-0.12	-0.11		-0.57	-0.11	-0.05	0.98	0.98	-0.56	-0.01	0.28	0.31	-0.07	0.95	-0.49	-0.17	-0.19	0.5	-0.02	0.52	0.41	0.8	0.15	0.5	-0.12
Net Debt	0.44	0.78	0.87	-0.57		-0.67	0.83	-0.64	-0.64	-0.14	0.82	-0.08	0.54	0.85	-0.39	-0.28	0.35	0.35	0.05	0.83	-0.28	0.5	-0.56	0.68	0.07	0.88
Retained Earnings	-0.88	-0.91	-0.9	-0.11	-0.67		-0.94	-0.08	-0.08	0.64	-0.93	-0.39	-0.98	-0.93	-0.33	0.73	-0.15	-0.12	-0.66	-0.91	-0.21	-0.89	0.04	-0.91	-0.67	-0.84
Accounts Payable	0.85	0.91	0.99	-0.05	0.83	-0.94		-0.13	-0.13	-0.53	0.99	0.19	0.89	0.99	0.16	-0.65	0.25	0.23	0.45	0.98	0.03	0.87	-0.17	0.95	0.47	0.96
Cash	0.4	-0.16	-0.19	0.98	-0.64	-0.08	-0.13		1.0	-0.49	-0.1	0.36	0.27	-0.15	0.95	-0.41	-0.24	-0.26	0.52	-0.12	0.55	0.32	0.8	0.09	0.51	-0.24
Cash And Short Term Investments	0.4	-0.16	-0.19	0.98	-0.64	-0.08	-0.13	1.0		-0.49	-0.1	0.36	0.27	-0.15	0.95	-0.41	-0.24	-0.26	0.52	-0.12	0.55	0.32	0.8	0.09	0.51	-0.24
Common Stock Total Equity	-0.76	-0.51	-0.48	-0.56	-0.14	0.64	-0.53	-0.49	-0.49		-0.53	-0.45	-0.73	-0.53	-0.6	0.99	-0.4	-0.36	-0.84	-0.57	-0.58	-0.7	-0.22	-0.6	-0.85	-0.45
Common Stock Shares Outstanding	0.87	0.88	0.99	-0.01	0.82	-0.93	0.99	-0.1	-0.1	-0.53		0.11	0.89	0.99	0.19	-0.65	0.27	0.25	0.41	0.99	0.0	0.9	-0.11	0.95	0.43	0.98
Non Current Liabilities Total	0.27	0.23	0.05	0.28	-0.08	-0.39	0.19	0.36	0.36	-0.45	0.11		0.41	0.15	0.34	-0.38	-0.27	-0.34	0.78	0.12	0.75	0.18	-0.05	0.28	0.77	-0.05
Other Stockholder Equity	0.94	0.84	0.85	0.31	0.54	-0.98	0.89	0.27	0.27	-0.73	0.89	0.41		0.89	0.51	-0.8	0.12	0.09	0.72	0.87	0.3	0.94	0.12	0.91	0.73	0.79
Total Liab	0.84	0.91	0.99	-0.07	0.85	-0.93	0.99	-0.15	-0.15	-0.53	0.99	0.15	0.89		0.14	-0.65	0.29	0.27	0.42	0.99	0.0	0.87	-0.16	0.94	0.44	0.97
Total Current Assets	0.64	0.12	0.1	0.95	-0.39	-0.33	0.16	0.95	0.95	-0.6	0.19	0.34	0.51	0.14		-0.56	-0.16	-0.19	0.57	0.16	0.46	0.59	0.82	0.36	0.57	0.05
Common Stock	-0.83	-0.6	-0.61	-0.49	-0.28	0.73	-0.65	-0.41	-0.41	0.99	-0.65	-0.38	-0.8	-0.65	-0.56		-0.43	-0.39	-0.81	-0.7	-0.51	-0.78	-0.17	-0.7	-0.82	-0.59
Short Long Term Debt Total	0.16	0.21	0.31	-0.17	0.35	-0.15	0.25	-0.24	-0.24	-0.4	0.27	-0.27	0.12	0.29	-0.16	-0.43		1.0	-0.02	0.32	-0.18	0.18	-0.17	0.24	0.0	0.36
Short Term Debt	0.14	0.19	0.3	-0.19	0.35	-0.12	0.23	-0.26	-0.26	-0.36	0.25	-0.34	0.09	0.27	-0.19	-0.39	1.0		-0.07	0.3	-0.23	0.17	-0.16	0.21	-0.06	0.35
Property Plant And Equipment Net	0.63	0.48	0.34	0.5	0.05	-0.66	0.45	0.52	0.52	-0.84	0.41	0.78	0.72	0.42	0.57	-0.81	-0.02	-0.07		0.44	0.76	0.55	0.08	0.52	1.0	0.27
Non Current Assets Total	0.86	0.87	0.99	-0.02	0.83	-0.91	0.98	-0.12	-0.12	-0.57	0.99	0.12	0.87	0.99	0.16	-0.7	0.32	0.3	0.44		0.06	0.88	-0.18	0.93	0.46	0.98
Non Currrent Assets Other	0.28	0.0	-0.08	0.52	-0.28	-0.21	0.03	0.55	0.55	-0.58	0.0	0.75	0.3	0.0	0.46	-0.51	-0.18	-0.23	0.76	0.06		0.15	0.02	0.09	0.75	-0.13
Net Receivables	0.99	0.77	0.86	0.41	0.5	-0.89	0.87	0.32	0.32	-0.7	0.9	0.18	0.94	0.87	0.59	-0.78	0.18	0.17	0.55	0.88	0.15		0.29	0.92	0.57	0.84
Inventory	0.29	-0.14	-0.17	0.8	-0.56	0.04	-0.17	0.8	0.8	-0.22	-0.11	-0.05	0.12	-0.16	0.82	-0.17	-0.17	-0.16	0.08	-0.18	0.02	0.29		0.01	0.07	-0.19
Other Current Assets	0.91	0.82	0.92	0.15	0.68	-0.91	0.95	0.09	0.09	-0.6	0.95	0.28	0.91	0.94	0.36	-0.7	0.24	0.21	0.52	0.93	0.09	0.92	0.01		0.54	0.89
Property Plant And Equipment Gross	0.65	0.49	0.37	0.5	0.07	-0.67	0.47	0.51	0.51	-0.85	0.43	0.77	0.73	0.44	0.57	-0.82	0.0	-0.06	1.0	0.46	0.75	0.57	0.07	0.54		0.29
Current Deferred Revenue	0.79	0.84	0.99	-0.12	0.88	-0.84	0.96	-0.24	-0.24	-0.45	0.98	-0.05	0.79	0.97	0.05	-0.59	0.36	0.35	0.27	0.98	-0.13	0.84	-0.19	0.89	0.29

Click cells to compare fundamentals

Trxade Account Relationship Matchups

Trxade fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.6M	9.8M	5.8M	3.7M	12.5M	13.2M
Other Current Liab	98.9K	219.3K	270.4K	1.0M	2.0M	1.2M
Total Current Liabilities	520.8K	842.2K	926.0K	2.1M	11.6M	12.1M
Total Stockholder Equity	4.1M	8.7M	3.8M	763.1K	542.4K	569.5K
Net Debt	(1.9M)	(5.3M)	(1.9M)	450.3K	7.0M	7.3M
Retained Earnings	(8.4M)	(10.9M)	(16.2M)	(19.7M)	(33.2M)	(31.6M)
Accounts Payable	334.6K	256.8K	477.0K	729.2K	2.1M	2.2M
Cash	2.9M	5.9M	3.1M	1.1M	151.9K	144.3K
Cash And Short Term Investments	2.9M	5.9M	3.1M	1.1M	151.9K	144.3K
Common Stock Shares Outstanding	395.3K	513.7K	542.5K	564.9K	2.4M	2.5M
Liabilities And Stockholders Equity	5.6M	9.8M	5.8M	3.7M	12.5M	13.2M
Non Current Liabilities Total	910.5K	271.3K	1.1M	1.2M	434.2K	412.5K
Other Stockholder Equity	12.5M	19.6M	20.0M	20.5M	33.8M	35.5M
Total Liab	1.4M	1.1M	2.0M	3.4M	12.0M	12.6M
Total Current Assets	3.8M	9.2M	4.4M	2.1M	2.8M	2.1M
Common Stock	65.0	81.0	82.0	99.0	9.0	8.55
Short Long Term Debt Total	997.8K	627.5K	1.2M	1.6M	7.1M	7.5M
Short Term Debt	87.4K	356.2K	178.6K	363.5K	6.7M	7.0M
Property Plant And Equipment Net	932.7K	549.8K	1.3M	1.1M	806.6K	582.6K
Non Current Assets Total	1.8M	571.4K	1.4M	1.6M	9.8M	10.3M
Non Currrent Assets Other	109.9K	21.6K	60.1K	49.0K	10.5K	10.0K
Net Receivables	792.1K	1.9M	979.0K	729.0K	2.5M	2.6M
Inventory	56.8K	1.3M	56.3K	119.6K	968.0	919.6
Other Current Assets	82.5K	151.2K	216.4K	110.9K	478.4K	502.3K
Property Plant And Equipment Gross	932.7K	549.8K	1.3M	1.1M	806.6K	655.2K
Capital Surpluse	7.8M	9.0M	12.5M	19.6M	22.6M	23.7M
Property Plant Equipment	932.7K	549.8K	1.3M	1.1M	1.3M	724.2K
Net Tangible Assets	3.4M	8.7M	3.8M	312.3K	359.1K	341.2K
Other Assets	109.9K	409.0K	60.1K	49.0K	44.1K	41.9K
Long Term Debt	404.1K	522.6K	225K	333.3K	25K	23.8K
Short Long Term Debt	262.3K	321.5K	225K	166.7K	6.5M	6.9M
Net Invested Capital	4.4M	8.9M	3.8M	1.3M	7.1M	4.3M
Net Working Capital	3.3M	8.4M	3.4M	(53.7K)	(8.8M)	(8.4M)
Capital Stock	65.0	81.0	82.0	99.0	9.0	8.55

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When determining whether Trxade Group is a strong investment it is important to analyze Trxade'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 Trxade's future performance. For an informed investment choice regarding Trxade Stock, refer to the following important reports:

How To Invest In Trxade

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Is Trxade Stock a good investment?

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What is Trxade's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Trxade Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Trxade Group information on this page should be used as a complementary analysis to other Trxade'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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

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Is Trxade'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 Trxade. If investors know Trxade 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 Trxade 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

2.766

Earnings Share

(17.96)

Revenue Per Share

10.827

Quarterly Revenue Growth

0.043

Return On Assets

(0.56)

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

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Trxade Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current Assets

Trxade fundamental ratios Correlations

Trxade Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trxade fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Trxade Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.98	Retained Earnings
Accounts Payable	- 0.94	Retained Earnings
Total Liab	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Other Current Assets	- 0.91	Retained Earnings
Non Current Assets Total	- 0.91	Retained Earnings