Trican Other Stockholder Equity vs Total Stockholder Equity Analysis
TCW Stock | CAD 4.34 0.11 2.60% |
Trican Well financial indicator trend analysis is much more than just breaking down Trican Well Service prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trican Well Service is a good investment. Please check the relationship between Trican Well Other Stockholder Equity and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trican Well Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Other Stockholder Equity vs Total Stockholder Equity
Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trican Well Service Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Trican Well's Other Stockholder Equity and Total Stockholder Equity is 0.38. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Trican Well Service, assuming nothing else is changed. The correlation between historical values of Trican Well's Other Stockholder Equity and Total 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 Stockholder Equity of Trican Well Service are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Trican Well's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Trican Well's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trican Well Service 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 Trican Well Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Trican Well's Enterprise Value Multiple is very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 2.6M | 2.6M | 2.5M | Depreciation And Amortization | 88.2M | 82.4M | 94.8M | 85.7M |
Trican Well fundamental ratios Correlations
Click cells to compare fundamentals
Trican Well Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trican Well fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 926.5M | 563.2M | 577.8M | 671.1M | 710.4M | 985.9M | |
Other Current Liab | 39.8M | 26.9M | 35.8M | 37.9M | 43.6M | 34.0M | |
Total Current Liabilities | 92.9M | 60.6M | 77.6M | 93.9M | 144.4M | 133.8M | |
Total Stockholder Equity | 741.1M | 492.3M | 489.4M | 504.7M | 517.1M | 628.7M | |
Property Plant And Equipment Net | 528.4M | 414.7M | 383.0M | 404.8M | 412.8M | 548.5M | |
Net Debt | 58.5M | (8.8M) | (19.2M) | (15.7M) | (18.1M) | (17.2M) | |
Retained Earnings | (335.3M) | (525.9M) | (492.2M) | (410.3M) | (319.4M) | (303.4M) | |
Accounts Payable | 48.7M | 30.3M | 39.3M | 53.0M | 50.4M | 78.4M | |
Cash | 7.2M | 22.6M | 29.5M | 58.1M | 88.8M | 44.4M | |
Non Current Assets Total | 693.8M | 440.8M | 396.5M | 407.9M | 412.8M | 659.1M | |
Cash And Short Term Investments | 7.2M | 22.6M | 29.5M | 58.1M | 66.8M | 43.5M | |
Net Receivables | 148.5M | 73.5M | 128.8M | 175.4M | 181.1M | 198.7M | |
Common Stock Shares Outstanding | 322.1M | 288.5M | 263.8M | 257.8M | 209.1M | 171.2M | |
Liabilities And Stockholders Equity | 926.5M | 563.2M | 577.8M | 671.1M | 771.8M | 992.6M | |
Inventory | 29.6M | 21.6M | 19.0M | 24.7M | 21.5M | 20.5M | |
Other Current Assets | 47.5M | 4.8M | 4.0M | 5.0M | 5.8M | 5.5M | |
Other Stockholder Equity | 87.7M | 89.4M | 87.8M | 85.8M | 98.7M | 135.9M | |
Total Liab | 185.4M | 70.9M | 88.4M | 166.5M | 193.4M | 356.3M | |
Property Plant And Equipment Gross | 528.4M | 414.7M | 1.1B | 1.0B | 1.0B | 622.1M | |
Total Current Assets | 232.7M | 122.5M | 181.3M | 263.3M | 297.6M | 326.8M | |
Accumulated Other Comprehensive Income | 36.2M | (1.1M) | (376K) | 804K | 924.6K | 970.8K | |
Short Long Term Debt Total | 65.7M | 13.8M | 10.3M | 42.4M | 48.7M | 46.3M | |
Non Currrent Assets Other | 216K | 836.3M | 693.8M | 2.1M | 2.4M | 2.3M | |
Non Current Liabilities Total | 92.5M | 10.3M | 10.9M | 72.6M | 48.9M | 46.5M | |
Short Term Debt | 4.5M | 3.5M | 2.4M | 3.0M | 3.4M | 3.3M | |
Intangible Assets | 34.4M | 24.0M | 13.5M | 3.0M | 3.5M | 3.3M | |
Common Stock Total Equity | 1.2B | 1.1B | 989.0M | 928.0M | 1.1B | 870.3M | |
Common Stock | 989.0M | 928.0M | 893.8M | 829.2M | 953.6M | 884.3M | |
Other Liab | 61.9M | 31.2M | 3.0M | 33.2M | 29.8M | 47.5M | |
Net Tangible Assets | 575.7M | 468.3M | 475.9M | 501.6M | 451.5M | 563.1M | |
Long Term Debt | 74.7M | 39.1M | 46.2M | 29.8M | 26.8M | 25.5M | |
Property Plant Equipment | 528.4M | 414.7M | 383.0M | 404.8M | 364.3M | 562.4M | |
Long Term Debt Total | 61.2M | 10.3M | 7.9M | 39.4M | 35.5M | 33.7M | |
Capital Surpluse | 87.7M | 89.4M | 87.8M | 85.8M | 98.7M | 90.6M | |
Capital Lease Obligations | 19.5M | 13.8M | 10.3M | 12.6M | 18.1M | 12.2M | |
Net Invested Capital | 787.3M | 492.3M | 489.4M | 534.5M | 517.1M | 569.6M | |
Net Working Capital | 139.8M | 61.8M | 103.8M | 169.4M | 153.2M | 139.0M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Trican Well Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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