TransAct Net Working Capital vs Deferred Long Term Liab Analysis

TACT Stock

USD 3.86 0.07 1.78%

TransAct Technologies financial indicator trend analysis is much more than just breaking down TransAct Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransAct Technologies is a good investment. Please check the relationship between TransAct Technologies Net Working Capital and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Working Capital vs Deferred Long Term Liab

Net Working Capital vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAct Technologies Net Working Capital account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TransAct Technologies' Net Working Capital and Deferred Long Term Liab is -0.35. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of TransAct Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of TransAct Technologies' Net Working Capital and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of TransAct Technologies Incorporated are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Working Capital i.e., TransAct Technologies' Net Working Capital and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from TransAct Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransAct Technologies 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 TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, TransAct Technologies' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.84 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	15.2M	24.4M	37.1M	22.3M
Total Revenue	39.4M	58.1M	72.6M	59.6M

Gross Profit Total Revenue

TransAct Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Net Debt	Common Stock Total Equity	Common Stock
Total Assets		0.55	0.26	0.76	0.95	0.48	-0.02	0.53	0.73	0.83	0.33	0.73	0.46	0.01	0.42	0.48	0.01	0.52	0.81	0.37	0.97	0.33	-0.28	-0.62	0.81	0.82
Short Long Term Debt Total	0.55		0.26	0.4	0.42	0.39	0.11	0.14	0.38	0.67	0.57	0.38	0.03	-0.44	0.72	0.4	-0.04	0.19	0.63	0.33	0.44	0.32	-0.49	-0.07	0.51	0.59
Other Current Liab	0.26	0.26		0.26	0.21	0.16	-0.14	-0.12	0.31	0.29	0.11	0.31	-0.1	-0.03	0.14	0.13	0.14	0.23	0.28	0.28	0.22	0.57	-0.35	-0.22	0.41	0.39
Total Current Liabilities	0.76	0.4	0.26		0.56	0.45	-0.38	0.78	0.47	0.74	0.1	0.47	0.57	0.23	0.17	0.3	0.06	0.62	0.93	0.45	0.7	0.48	-0.45	-0.29	0.75	0.75
Total Stockholder Equity	0.95	0.42	0.21	0.56		0.3	0.17	0.41	0.67	0.67	0.25	0.67	0.43	-0.05	0.3	0.52	0.0	0.37	0.58	0.25	0.97	0.23	-0.12	-0.68	0.7	0.69
Property Plant And Equipment Net	0.48	0.39	0.16	0.45	0.3		-0.52	0.06	0.54	0.81	0.7	0.54	-0.19	0.3	0.78	-0.03	0.0	0.57	0.68	0.22	0.28	0.11	-0.22	-0.22	0.53	0.63
Retained Earnings	-0.02	0.11	-0.14	-0.38	0.17	-0.52		-0.09	-0.24	-0.29	-0.22	-0.24	0.16	-0.78	-0.12	0.23	0.2	-0.79	-0.38	-0.36	0.1	-0.27	0.08	0.04	-0.26	-0.25
Accounts Payable	0.53	0.14	-0.12	0.78	0.41	0.06	-0.09		0.19	0.37	-0.15	0.19	0.9	0.11	-0.14	0.06	-0.13	0.31	0.62	0.12	0.55	0.22	-0.14	-0.19	0.28	0.32
Cash	0.73	0.38	0.31	0.47	0.67	0.54	-0.24	0.19		0.69	0.48	1.0	0.02	-0.04	0.52	0.03	-0.06	0.68	0.62	0.54	0.66	0.19	-0.45	-0.9	0.67	0.74
Non Current Assets Total	0.83	0.67	0.29	0.74	0.67	0.81	-0.29	0.37	0.69		0.63	0.69	0.13	0.06	0.71	0.25	0.0	0.57	0.9	0.34	0.67	0.25	-0.47	-0.41	0.83	0.91
Non Currrent Assets Other	0.33	0.57	0.11	0.1	0.25	0.7	-0.22	-0.15	0.48	0.63		0.48	-0.34	0.01	0.85	-0.21	-0.18	0.26	0.4	-0.06	0.17	-0.13	-0.2	-0.26	0.39	0.53
Cash And Short Term Investments	0.73	0.38	0.31	0.47	0.67	0.54	-0.24	0.19	1.0	0.69	0.48		0.02	-0.04	0.52	0.03	-0.06	0.68	0.62	0.54	0.66	0.19	-0.45	-0.9	0.67	0.74
Net Receivables	0.46	0.03	-0.1	0.57	0.43	-0.19	0.16	0.9	0.02	0.13	-0.34	0.02		0.04	-0.32	0.14	-0.15	0.1	0.37	-0.04	0.55	0.24	0.13	-0.13	0.07	0.08
Common Stock Shares Outstanding	0.01	-0.44	-0.03	0.23	-0.05	0.3	-0.78	0.11	-0.04	0.06	0.01	-0.04	0.04		-0.16	-0.08	-0.15	0.54	0.13	0.02	-0.01	0.1	0.43	0.04	0.1	0.01
Non Current Liabilities Total	0.42	0.72	0.14	0.17	0.3	0.78	-0.12	-0.14	0.52	0.71	0.85	0.52	-0.32	-0.16		0.05	-0.07	0.29	0.53	0.22	0.25	-0.02	-0.24	-0.2	0.38	0.5
Inventory	0.48	0.4	0.13	0.3	0.52	-0.03	0.23	0.06	0.03	0.25	-0.21	0.03	0.14	-0.08	0.05		0.28	0.09	0.27	0.43	0.53	0.43	-0.04	0.05	0.44	0.28
Other Current Assets	0.01	-0.04	0.14	0.06	0.0	0.0	0.2	-0.13	-0.06	0.0	-0.18	-0.06	-0.15	-0.15	-0.07	0.28		-0.2	0.02	0.09	0.01	0.27	-0.32	0.11	0.23	0.17
Other Stockholder Equity	0.52	0.19	0.23	0.62	0.37	0.57	-0.79	0.31	0.68	0.57	0.26	0.68	0.1	0.54	0.29	0.09	-0.2		0.66	0.68	0.44	0.49	-0.2	-0.48	0.53	0.54
Total Liab	0.81	0.63	0.28	0.93	0.58	0.68	-0.38	0.62	0.62	0.9	0.4	0.62	0.37	0.13	0.53	0.27	0.02	0.66		0.51	0.69	0.43	-0.49	-0.33	0.78	0.82
Property Plant And Equipment Gross	0.37	0.33	0.28	0.45	0.25	0.22	-0.36	0.12	0.54	0.34	-0.06	0.54	-0.04	0.02	0.22	0.43	0.09	0.68	0.51		0.35	0.6	-0.46	-0.32	0.48	0.39
Total Current Assets	0.97	0.44	0.22	0.7	0.97	0.28	0.1	0.55	0.66	0.67	0.17	0.66	0.55	-0.01	0.25	0.53	0.01	0.44	0.69	0.35		0.33	-0.17	-0.65	0.71	0.69
Short Term Debt	0.33	0.32	0.57	0.48	0.23	0.11	-0.27	0.22	0.19	0.25	-0.13	0.19	0.24	0.1	-0.02	0.43	0.27	0.49	0.43	0.6	0.33		-0.31	0.0	0.37	0.33
Intangible Assets	-0.28	-0.49	-0.35	-0.45	-0.12	-0.22	0.08	-0.14	-0.45	-0.47	-0.2	-0.45	0.13	0.43	-0.24	-0.04	-0.32	-0.2	-0.49	-0.46	-0.17	-0.31		0.23	-0.62	-0.67
Net Debt	-0.62	-0.07	-0.22	-0.29	-0.68	-0.22	0.04	-0.19	-0.9	-0.41	-0.26	-0.9	-0.13	0.04	-0.2	0.05	0.11	-0.48	-0.33	-0.32	-0.65	0.0	0.23		-0.48	-0.52
Common Stock Total Equity	0.81	0.51	0.41	0.75	0.7	0.53	-0.26	0.28	0.67	0.83	0.39	0.67	0.07	0.1	0.38	0.44	0.23	0.53	0.78	0.48	0.71	0.37	-0.62	-0.48		0.96
Common Stock	0.82	0.59	0.39	0.75	0.69	0.63	-0.25	0.32	0.74	0.91	0.53	0.74	0.08	0.01	0.5	0.28	0.17	0.54	0.82	0.39	0.69	0.33	-0.67	-0.52	0.96

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TransAct Technologies Account Relationship Matchups

TransAct Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.1M	42.2M	50.9M	51.8M	54.5M	38.0M
Other Current Liab	3.0M	3.7M	3.9M	4.1M	4.9M	3.6M
Total Current Liabilities	7.6M	6.7M	9.8M	15.9M	13.6M	8.8M
Total Stockholder Equity	25.9M	30.2M	39.0M	33.9M	39.4M	26.3M
Property Plant And Equipment Net	5.1M	5.6M	5.2M	5.3M	4.0M	3.5M
Retained Earnings	25.3M	19.7M	15.6M	9.6M	14.4M	15.4M
Accounts Payable	3.0M	1.7M	4.3M	7.4M	4.4M	4.3M
Cash	4.2M	10.4M	19.5M	7.9M	12.3M	12.9M
Non Current Assets Total	11.1M	14.1M	13.8M	15.7M	13.5M	9.7M
Non Currrent Assets Other	44K	777K	400K	248K	43.0K	40.9K
Cash And Short Term Investments	4.2M	10.4M	19.5M	7.9M	12.3M	12.9M
Net Receivables	7.4M	3.5M	9.1M	15.4M	9.8M	9.4M
Common Stock Shares Outstanding	7.7M	7.8M	9.3M	9.9M	10.0M	7.4M
Liabilities And Stockholders Equity	36.1M	42.2M	50.9M	51.8M	54.5M	38.0M
Non Current Liabilities Total	2.5M	5.3M	2.2M	2.0M	1.4M	2.1M
Inventory	12.1M	11.3M	7.7M	12.0M	17.8M	11.2M
Other Current Assets	1.3M	644K	738K	724K	1.1M	650.3K
Other Stockholder Equity	494K	10.4M	23.1M	24.2M	24.9M	26.2M
Total Liab	10.1M	12.0M	12.0M	18.0M	15.1M	11.7M
Property Plant And Equipment Gross	5.1M	5.6M	5.2M	5.3M	22.7M	23.8M
Total Current Assets	25.0M	28.2M	37.1M	36.1M	41.0M	28.3M
Accumulated Other Comprehensive Income	(31K)	(38K)	143K	(79K)	(49K)	(51.5K)
Intangible Assets	817K	583K	397K	242K	88K	83.6K
Net Debt	(1.2M)	(4.5M)	(16.9M)	(3.1M)	(8.4M)	(8.0M)
Other Liab	385K	277K	373K	361K	324.9K	308.7K
Other Assets	2.6M	8.9M	5.5M	7.6M	1.0	0.95
Property Plant Equipment	2.2M	2.0M	5.2M	2.8M	2.5M	3.0M
Current Deferred Revenue	700K	504K	805K	1.3M	1.1M	543.2K
Net Tangible Assets	22.5M	27.0M	36.0M	31.0M	35.6M	28.8M
Retained Earnings Total Equity	27.5M	25.3M	19.7M	9.6M	8.7M	8.2M
Capital Surpluse	32.1M	32.6M	42.5M	56.3M	64.7M	36.0M
Non Current Liabilities Other	2.5M	3.1M	187K	218K	219K	208.1K

Pair Trading with TransAct Technologies

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 TransAct Technologies 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 TransAct Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against TransAct Stock

0.8	BHE	Benchmark Electronics	Pair Corr
0.8	CTS	CTS Corporation	Pair Corr
0.79	MSI	Motorola Solutions	Pair Corr
0.77	WDC	Western Digital Financial Report 29th of July 2024	Pair Corr
0.68	UI	Ubiquiti Networks Fiscal Year End 23rd of August 2024	Pair Corr

The ability to find closely correlated positions to TransAct Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAct Technologies 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 TransAct Technologies - 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 TransAct Technologies Incorporated to buy it.

The correlation of TransAct Technologies 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 TransAct Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAct Technologies 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 TransAct Technologies 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

Additional Tools for TransAct Stock Analysis

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

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