Tucows Reconciled Depreciation vs Selling General Administrative Analysis

TCX Stock  USD 19.44  1.94  9.07%   
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 Reconciled Depreciation and its Selling General Administrative 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Reconciled Depreciation vs Selling General Administrative

Reconciled Depreciation vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Reconciled Depreciation account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tucows' Reconciled Depreciation and Selling General Administrative is 0.9. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Tucows Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., Tucows' Reconciled Depreciation and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Selling General Administrative

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 closely tied 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
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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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