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 DirectionNegative 
Relationship StrengthWeak

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 Profit78.3M78.2M61.6M40.1M
Total Revenue304.3M321.1M339.3M356.3M

Tucows fundamental ratios Correlations

0.920.910.180.970.960.120.910.81.00.790.80.960.240.12-0.50.990.970.630.950.970.090.940.770.48-0.21
0.920.72-0.190.950.98-0.240.780.950.950.930.950.820.22-0.25-0.30.960.940.330.990.98-0.020.850.480.15-0.17
0.910.720.420.780.780.410.870.560.860.60.560.940.380.46-0.720.870.790.830.760.790.380.870.850.77-0.39
0.18-0.190.420.07-0.050.970.33-0.420.11-0.39-0.420.33-0.030.92-0.540.060.110.72-0.11-0.050.110.230.710.78-0.04
0.970.950.780.070.97-0.030.890.820.980.790.820.90.16-0.04-0.350.971.00.490.960.98-0.080.920.660.27-0.12
0.960.980.78-0.050.97-0.130.820.910.980.90.910.860.19-0.14-0.330.990.970.421.01.0-0.020.880.60.26-0.13
0.12-0.240.410.97-0.03-0.130.27-0.450.03-0.41-0.450.30.010.94-0.67-0.010.010.72-0.18-0.130.220.170.650.82-0.13
0.910.780.870.330.890.820.270.60.890.550.60.950.180.3-0.590.880.90.720.80.840.20.910.780.51-0.2
0.80.950.56-0.420.820.91-0.450.60.840.971.00.650.12-0.46-0.140.860.80.130.930.910.00.660.28-0.01-0.05
1.00.950.860.110.980.980.030.890.840.830.840.930.220.03-0.431.00.980.560.970.990.040.930.710.4-0.18
0.790.930.6-0.390.790.9-0.410.550.970.830.970.640.26-0.41-0.180.860.770.150.920.890.060.680.290.05-0.18
0.80.950.56-0.420.820.91-0.450.61.00.840.970.650.12-0.46-0.140.860.80.130.930.910.00.660.28-0.01-0.05
0.960.820.940.330.90.860.30.950.650.930.640.650.310.32-0.670.930.910.750.840.880.130.950.810.59-0.32
0.240.220.38-0.030.160.190.010.180.120.220.260.120.310.18-0.210.250.160.20.180.20.120.430.030.21-0.96
0.12-0.250.460.92-0.04-0.140.940.3-0.460.03-0.41-0.460.320.18-0.620.0-0.010.77-0.19-0.130.380.20.630.85-0.27
-0.5-0.3-0.72-0.54-0.35-0.33-0.67-0.59-0.14-0.43-0.18-0.14-0.67-0.21-0.62-0.44-0.37-0.75-0.3-0.33-0.36-0.55-0.65-0.730.39
0.990.960.870.060.970.99-0.010.880.861.00.860.860.930.250.0-0.440.970.550.980.990.080.920.680.39-0.2
0.970.940.790.111.00.970.010.90.80.980.770.80.910.16-0.01-0.370.970.510.950.97-0.080.920.690.3-0.12
0.630.330.830.720.490.420.720.720.130.560.150.130.750.20.77-0.750.550.510.380.440.390.660.920.9-0.29
0.950.990.76-0.110.961.0-0.180.80.930.970.920.930.840.18-0.19-0.30.980.950.381.0-0.020.860.560.22-0.12
0.970.980.79-0.050.981.0-0.130.840.910.990.890.910.880.2-0.13-0.330.990.970.441.0-0.020.890.60.26-0.14
0.09-0.020.380.11-0.08-0.020.220.20.00.040.060.00.130.120.38-0.360.08-0.080.39-0.02-0.020.040.210.47-0.18
0.940.850.870.230.920.880.170.910.660.930.680.660.950.430.2-0.550.920.920.660.860.890.040.720.44-0.43
0.770.480.850.710.660.60.650.780.280.710.290.280.810.030.63-0.650.680.690.920.560.60.210.720.84-0.07
0.480.150.770.780.270.260.820.51-0.010.40.05-0.010.590.210.85-0.730.390.30.90.220.260.470.440.84-0.26
-0.21-0.17-0.39-0.04-0.12-0.13-0.13-0.2-0.05-0.18-0.18-0.05-0.32-0.96-0.270.39-0.2-0.12-0.29-0.12-0.14-0.18-0.43-0.07-0.26
Click cells to compare fundamentals

Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets425.9M451.9M539.6M664.7M855.2M897.9M
Other Current Liab11.6M12.1M19.4M27.7M56.5M59.4M
Total Current Liabilities156.9M163.0M173.7M188.2M201.3M211.4M
Total Stockholder Equity94.2M104.7M115.1M96.7M9.9M9.4M
Property Plant And Equipment Net93.5M128.8M190.2M302.0M367.1M385.5M
Net Debt103.9M124.4M196.6M232.5M472.0M495.6M
Retained Earnings76.2M80.1M83.5M55.9M(40.3M)(38.3M)
Accounts Payable6.7M6.3M10.0M17.2M12.7M13.3M
Cash20.4M8.3M9.1M23.5M96.3M101.1M
Non Current Assets Total280.2M310.7M392.6M494.8M708.1M743.5M
Non Currrent Assets Other19.3M18.0M19.6M7.5M113.6M119.3M
Cash And Short Term Investments20.4M8.3M9.1M23.5M96.3M101.1M
Net Receivables16.4M16.8M18.8M26.0M24.3M25.5M
Common Stock Shares Outstanding10.8M10.7M10.8M10.8M10.9M12.9M
Liabilities And Stockholders Equity425.9M451.9M539.6M664.7M855.2M897.9M
Other Current Assets105.5M114.2M115.8M115.6M19.7M18.7M
Other Stockholder Equity880K1.5M2.8M8.1M14.1M13.4M
Total Liab331.7M347.2M424.5M568.1M845.3M887.6M
Property Plant And Equipment Gross93.5M128.8M172.7M281.5M323.7M339.9M
Total Current Assets145.7M141.2M147.0M169.9M147.1M74.7M
Accumulated Other Comprehensive Income473K2.3M343K784K1.7M1.8M
Short Long Term Debt Total124.3M132.7M205.8M256.0M568.3M596.7M
Non Current Liabilities Total174.8M184.2M250.8M379.9M644.0M676.1M
Short Term Debt1.4M1.8M3.2M4.6M5.4M4.3M
Common Stock16.6M20.8M28.5M31.9M34.4M32.7M
Good Will90.1M109.8M116.3M130.4M117.4M66.3M
Intangible Assets57.7M47.4M50.4M39.8M29.5M24.6M
Current Deferred Revenue137.2M142.7M141.1M138.7M126.7M83.0M
Other Assets19.3M18.2M19.6M20.6M23.7M15.9M
Long Term Debt113.5M121.7M190.7M238.9M274.8M288.5M
Property Plant Equipment82.1M117.5M190.2M281.5M323.7M339.9M
Other Liab51.9M53.3M48.2M38.1M43.8M25.8M
Common Stock Total Equity16.6M20.8M28.5M31.9M36.6M38.5M
Inventory3.5M1.9M3.3M7.3M6.8M7.1M
Net Tangible Assets129.8M138.8M(65.7M)131.3M151.0M158.6M
Retained Earnings Total Equity76.2M80.1M83.5M55.9M64.3M33.4M
Capital Surpluse880K1.5M2.8M8.1M7.3M10.9M
Deferred Long Term Liab25.5M24.8M19.3M15.7M18.1M25.9M
Non Current Liabilities Other216K3.6M2.0M90.6M104.2M109.4M

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When determining whether Tucows Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tucows' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tucows Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tucows Inc Stock:
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.
Note that the Tucows Inc information on this page should be used as a complementary analysis to other Tucows' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.