Tucows Ebit vs Reconciled Depreciation Analysis
TCX Stock | USD 22.70 0.07 0.31% |
Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Ebit and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Ebit vs Reconciled Depreciation
Ebit vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Ebit account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Tucows' Ebit and Reconciled Depreciation is -0.78. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Ebit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Tucows Inc are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Ebit i.e., Tucows' Ebit and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebit
Reconciled Depreciation
Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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 Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Tucows' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 8.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 78.3M | 78.2M | 61.6M | 40.1M | Total Revenue | 304.3M | 321.1M | 339.3M | 356.3M |
Tucows fundamental ratios Correlations
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Tucows Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tucows fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 425.9M | 451.9M | 539.6M | 664.7M | 855.2M | 897.9M | |
Other Current Liab | 11.6M | 12.1M | 19.4M | 27.7M | 56.5M | 59.4M | |
Total Current Liabilities | 156.9M | 163.0M | 173.7M | 188.2M | 201.3M | 211.4M | |
Total Stockholder Equity | 94.2M | 104.7M | 115.1M | 96.7M | 9.9M | 9.4M | |
Property Plant And Equipment Net | 93.5M | 128.8M | 190.2M | 302.0M | 367.1M | 385.5M | |
Net Debt | 103.9M | 124.4M | 196.6M | 232.5M | 472.0M | 495.6M | |
Retained Earnings | 76.2M | 80.1M | 83.5M | 55.9M | (40.3M) | (38.3M) | |
Accounts Payable | 6.7M | 6.3M | 10.0M | 17.2M | 12.7M | 13.3M | |
Cash | 20.4M | 8.3M | 9.1M | 23.5M | 96.3M | 101.1M | |
Non Current Assets Total | 280.2M | 310.7M | 392.6M | 494.8M | 708.1M | 743.5M | |
Non Currrent Assets Other | 19.3M | 18.0M | 19.6M | 7.5M | 113.6M | 119.3M | |
Cash And Short Term Investments | 20.4M | 8.3M | 9.1M | 23.5M | 96.3M | 101.1M | |
Net Receivables | 16.4M | 16.8M | 18.8M | 26.0M | 24.3M | 25.5M | |
Common Stock Shares Outstanding | 10.8M | 10.7M | 10.8M | 10.8M | 10.9M | 12.9M | |
Liabilities And Stockholders Equity | 425.9M | 451.9M | 539.6M | 664.7M | 855.2M | 897.9M | |
Other Current Assets | 105.5M | 114.2M | 115.8M | 115.6M | 19.7M | 18.7M | |
Other Stockholder Equity | 880K | 1.5M | 2.8M | 8.1M | 14.1M | 13.4M | |
Total Liab | 331.7M | 347.2M | 424.5M | 568.1M | 845.3M | 887.6M | |
Property Plant And Equipment Gross | 93.5M | 128.8M | 172.7M | 281.5M | 323.7M | 339.9M | |
Total Current Assets | 145.7M | 141.2M | 147.0M | 169.9M | 147.1M | 74.7M | |
Accumulated Other Comprehensive Income | 473K | 2.3M | 343K | 784K | 1.7M | 1.8M | |
Short Long Term Debt Total | 124.3M | 132.7M | 205.8M | 256.0M | 568.3M | 596.7M | |
Non Current Liabilities Total | 174.8M | 184.2M | 250.8M | 379.9M | 644.0M | 676.1M | |
Short Term Debt | 1.4M | 1.8M | 3.2M | 4.6M | 5.4M | 4.3M | |
Common Stock | 16.6M | 20.8M | 28.5M | 31.9M | 34.4M | 32.7M | |
Good Will | 90.1M | 109.8M | 116.3M | 130.4M | 117.4M | 66.3M | |
Intangible Assets | 57.7M | 47.4M | 50.4M | 39.8M | 29.5M | 24.6M | |
Current Deferred Revenue | 137.2M | 142.7M | 141.1M | 138.7M | 126.7M | 83.0M | |
Other Assets | 19.3M | 18.2M | 19.6M | 20.6M | 23.7M | 15.9M | |
Long Term Debt | 113.5M | 121.7M | 190.7M | 238.9M | 274.8M | 288.5M | |
Property Plant Equipment | 82.1M | 117.5M | 190.2M | 281.5M | 323.7M | 339.9M | |
Other Liab | 51.9M | 53.3M | 48.2M | 38.1M | 43.8M | 25.8M | |
Common Stock Total Equity | 16.6M | 20.8M | 28.5M | 31.9M | 36.6M | 38.5M | |
Inventory | 3.5M | 1.9M | 3.3M | 7.3M | 6.8M | 7.1M | |
Net Tangible Assets | 129.8M | 138.8M | (65.7M) | 131.3M | 151.0M | 158.6M | |
Retained Earnings Total Equity | 76.2M | 80.1M | 83.5M | 55.9M | 64.3M | 33.4M | |
Capital Surpluse | 880K | 1.5M | 2.8M | 8.1M | 7.3M | 10.9M | |
Deferred Long Term Liab | 25.5M | 24.8M | 19.3M | 15.7M | 18.1M | 25.9M | |
Non Current Liabilities Other | 216K | 3.6M | 2.0M | 90.6M | 104.2M | 109.4M |
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Is Tucows' 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 Tucows. If investors know Tucows 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 Tucows 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 0.902 | Earnings Share (9.50) | Revenue Per Share 31.796 | Quarterly Revenue Growth 0.087 | Return On Assets (0.05) |
The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' 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 Tucows' market value can be influenced by many factors that don't directly affect Tucows' 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 Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' 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.