Triumph Reconciled Depreciation vs Net Interest Income Analysis

TGI Stock  USD 13.46  0.22  1.66%   
Triumph financial indicator trend analysis is much more than just breaking down Triumph Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Group is a good investment. Please check the relationship between Triumph Reconciled Depreciation and its Net Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Reconciled Depreciation vs Net Interest Income

Reconciled Depreciation vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Group Reconciled Depreciation account and Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Triumph's Reconciled Depreciation and Net Interest Income is 0.75. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Triumph Group, assuming nothing else is changed. The correlation between historical values of Triumph's Reconciled Depreciation and Net Interest Income 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 Triumph Group are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Reconciled Depreciation i.e., Triumph's Reconciled Depreciation and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Triumph's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Group 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 Triumph Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
The Triumph's current Tax Provision is estimated to increase to about 5.8 M, while Selling General Administrative is projected to decrease to under 189.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit386.9M387.5M445.7M402.1M
Total Revenue1.5B1.4B1.6B1.9B

Triumph fundamental ratios Correlations

0.10.690.660.840.960.320.820.71-0.420.98-0.37-0.420.590.110.670.880.370.090.720.830.870.610.950.520.83
0.10.150.22-0.36-0.080.93-0.440.230.66-0.020.130.660.410.720.610.010.180.90.520.20.37-0.27-0.130.820.13
0.690.150.820.40.70.280.410.65-0.180.6-0.43-0.180.370.170.650.730.320.060.750.620.760.40.530.510.84
0.660.220.820.280.710.320.320.91-0.10.55-0.33-0.10.630.140.680.690.140.060.840.540.810.480.540.590.91
0.84-0.360.40.280.85-0.110.980.35-0.70.91-0.31-0.70.24-0.170.250.740.27-0.240.280.670.530.680.930.070.52
0.96-0.080.70.710.850.170.850.77-0.580.94-0.47-0.580.590.00.590.90.22-0.120.680.810.830.630.950.390.86
0.320.930.280.32-0.110.17-0.20.370.340.23-0.050.340.520.750.680.260.10.890.610.490.5-0.130.10.90.3
0.82-0.440.410.320.980.85-0.20.41-0.730.88-0.31-0.730.23-0.280.210.750.22-0.380.270.630.520.660.91-0.030.57
0.710.230.650.910.350.770.370.41-0.190.61-0.33-0.190.770.160.740.710.020.020.850.620.820.390.630.560.91
-0.420.66-0.18-0.1-0.7-0.580.34-0.73-0.19-0.530.451.0-0.010.30.17-0.520.260.50.09-0.51-0.08-0.43-0.570.25-0.29
0.98-0.020.60.550.910.940.230.880.61-0.53-0.42-0.530.520.040.540.830.310.030.590.820.760.660.970.420.76
-0.370.13-0.43-0.33-0.31-0.47-0.05-0.31-0.330.45-0.420.45-0.510.07-0.24-0.190.040.14-0.29-0.33-0.18-0.15-0.42-0.13-0.49
-0.420.66-0.18-0.1-0.7-0.580.34-0.73-0.191.0-0.530.45-0.010.30.17-0.520.260.50.09-0.51-0.08-0.43-0.570.25-0.29
0.590.410.370.630.240.590.520.230.77-0.010.52-0.51-0.010.30.770.350.10.230.780.480.650.110.570.620.66
0.110.720.170.14-0.170.00.75-0.280.160.30.040.070.30.30.610.070.060.790.50.470.28-0.05-0.030.750.04
0.670.610.650.680.250.590.680.210.740.170.54-0.240.170.770.610.540.410.430.970.650.860.130.520.810.7
0.880.010.730.690.740.90.260.750.71-0.520.83-0.19-0.520.350.070.540.21-0.020.630.820.850.550.790.430.8
0.370.180.320.140.270.220.10.220.020.260.310.040.260.10.060.410.210.140.350.070.450.10.280.230.19
0.090.90.060.06-0.24-0.120.89-0.380.020.50.030.140.50.230.790.43-0.020.140.340.270.22-0.07-0.10.8-0.03
0.720.520.750.840.280.680.610.270.850.090.59-0.290.090.780.50.970.630.350.340.660.910.260.570.80.82
0.830.20.620.540.670.810.490.630.62-0.510.82-0.33-0.510.480.470.650.820.070.270.660.710.490.760.620.67
0.870.370.760.810.530.830.50.520.82-0.080.76-0.18-0.080.650.280.860.850.450.220.910.710.40.730.690.85
0.61-0.270.40.480.680.63-0.130.660.39-0.430.66-0.15-0.430.11-0.050.130.550.1-0.070.260.490.40.670.190.48
0.95-0.130.530.540.930.950.10.910.63-0.570.97-0.42-0.570.57-0.030.520.790.28-0.10.570.760.730.670.320.73
0.520.820.510.590.070.390.9-0.030.560.250.42-0.130.250.620.750.810.430.230.80.80.620.690.190.320.52
0.830.130.840.910.520.860.30.570.91-0.290.76-0.49-0.290.660.040.70.80.19-0.030.820.670.850.480.730.52
Click cells to compare fundamentals

Triumph Account Relationship Matchups

Triumph fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.5B1.8B1.7B2.0B2.4B
Short Long Term Debt Total1.9B2.0B1.6B1.7B1.9B2.0B
Other Current Liab214.3M329.3M264.9M151.3M174.1M151.4M
Total Current Liabilities987.8M718.4M601.5M396.9M456.5M506.0M
Total Stockholder Equity(781.3M)(818.9M)(787.4M)(797.4M)(717.7M)(681.8M)
Property Plant And Equipment Net418.1M211.4M169.1M166.8M191.8M182.2M
Net Debt1.4B1.4B1.3B1.5B1.7B1.8B
Retained Earnings(803.5M)(1.3B)(1.3B)(1.2B)(1.1B)(1.0B)
Accounts Payable457.7M179.5M161.5M197.9M227.6M199.6M
Cash485.5M589.9M240.9M227.4M261.5M274.6M
Non Current Assets Total1.4B896.5M798.1M781.3M898.5M1.5B
Non Currrent Assets Other105.1M61.0M30.5M23.9M21.5M22.6M
Cash And Short Term Investments485.5M589.9M240.9M227.4M261.5M274.6M
Net Receivables603.9M328.7M280.5M299.8M344.8M285.8M
Common Stock Shares Outstanding50.5M52.7M64.5M71.7M82.5M42.9M
Liabilities And Stockholders Equity3.0B2.5B1.8B1.7B2.0B2.4B
Non Current Liabilities Total2.8B2.6B1.9B2.1B2.4B1.3B
Inventory453.0M400.4M361.7M389.2M447.6M538.3M
Other Current Assets19.3M235.5M80.0M17.1M19.6M18.6M
Other Stockholder Equity768.6M965.7M973.0M964.7M1.1B1.2B
Total Liab3.8B3.3B2.5B2.5B2.9B1.8B
Property Plant And Equipment Gross418.1M211.4M613.2M605.2M696.0M453.1M
Total Current Assets1.6B1.6B962.6M933.5M1.1B956.4M
Accumulated Other Comprehensive Income(746.4M)(530.2M)(463.4M)(554.6M)(499.2M)(474.2M)
Short Term Debt20.5M5.2M3.3M3.2M3.6M3.5M
Intangible Assets382.0M102.5M84.9M73.9M85.0M80.7M
Other Liab972.0M919.0M573.1M360.4M414.5M564.8M
Other Assets43.6M14.4M30.5M14.1M16.2M15.3M
Long Term Debt1.8B2.0B1.6B1.7B1.9B2.0B
Good Will513.5M521.6M513.7M509.4M585.9M818.0M
Treasury Stock(159.2M)(36.2M)(12.6M)(96K)(86.4K)(90.7K)
Property Plant Equipment418.1M258.0M169.1M166.8M191.8M182.2M
Current Deferred Revenue295.3M204.4M171.8M44.5M51.2M48.6M
Net Tangible Assets(1.7B)(1.4B)(1.4B)(1.4B)(1.2B)(1.3B)
Retained Earnings Total Equity(830.5M)(1.3B)(1.3B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total1.8B2.0B1.6B1.7B1.9B1.6B
Capital Surpluse804.8M978.3M973.1M964.7M1.1B961.0M

Currently Active Assets on Macroaxis

When determining whether Triumph Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Triumph's 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 Triumph Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Triumph Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Triumph Group information on this page should be used as a complementary analysis to other Triumph's 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Triumph Stock analysis

When running Triumph's price analysis, check to measure Triumph's 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 Triumph is operating at the current time. Most of Triumph's value examination focuses on studying past and present price action to predict the probability of Triumph's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph's price. Additionally, you may evaluate how the addition of Triumph to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is Triumph's 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 Triumph. If investors know Triumph 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 Triumph 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
(0.31)
Earnings Share
(0.72)
Revenue Per Share
19.77
Quarterly Revenue Growth
0.089
Return On Assets
0.0552
The market value of Triumph Group is measured differently than its book value, which is the value of Triumph that is recorded on the company's balance sheet. Investors also form their own opinion of Triumph's value that differs from its market value or its book value, called intrinsic value, which is Triumph's 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 Triumph's market value can be influenced by many factors that don't directly affect Triumph's 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 Triumph's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triumph is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triumph's 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.