Target Common Stock Total Equity vs Non Current Assets Total Analysis
TH Stock | USD 11.41 0.10 0.87% |
Target Hospitality financial indicator trend analysis is much more than just breaking down Target Hospitality Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Hospitality Corp is a good investment. Please check the relationship between Target Hospitality Common Stock Total Equity and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Hospitality Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Common Stock Total Equity vs Non Current Assets Total
Common Stock Total Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Hospitality Corp Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Target Hospitality's Common Stock Total Equity and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Target Hospitality Corp, assuming nothing else is changed. The correlation between historical values of Target Hospitality's Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Target Hospitality Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., Target Hospitality's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Target Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Hospitality Corp 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 Target Hospitality Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. The Target Hospitality's current Tax Provision is estimated to increase to about 53.6 M, while Selling General Administrative is projected to decrease to under 43.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.4M | 247.1M | 296.6M | 149.9M | Total Revenue | 291.3M | 502.0M | 563.6M | 333.8M |
Target Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
Target Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Target Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 600.8M | 534.2M | 513.4M | 771.7M | 710.3M | 599.8M | |
Other Current Liab | 35.3M | 24.7M | 33.1M | 39.6M | 34.3M | 29.2M | |
Total Current Liabilities | 60.9M | 45.5M | 72.8M | 190.9M | 70.3M | 75.1M | |
Total Stockholder Equity | 123.4M | 99.4M | 97.3M | 200.8M | 377.3M | 214.2M | |
Other Liab | 12.2M | 15.0M | 13.1M | 38.9M | 35.0M | 22.8M | |
Net Tangible Assets | (40.2M) | (50.7M) | (32.3M) | 84.6M | 76.2M | 46.8M | |
Retained Earnings | 37.7M | 10.2M | 13.7M | 87.7M | 261.1M | 274.2M | |
Accounts Payable | 7.8M | 10.6M | 11.8M | 17.6M | 20.9M | 13.4M | |
Cash | 6.8M | 7.0M | 23.4M | 181.7M | 103.9M | 109.1M | |
Other Assets | 11.2M | 18.6M | 31.5M | 962K | 1.0 | 0.95 | |
Long Term Debt | 403.3M | 374.5M | 330.2M | 328.8M | 178.1M | 272.7M | |
Net Receivables | 48.5M | 28.2M | 28.8M | 42.2M | 67.1M | 42.2M | |
Common Stock Shares Outstanding | 94.5M | 96.0M | 96.6M | 100.1M | 105.3M | 82.5M | |
Other Stockholder Equity | 2.6M | 2.4M | 2.5M | 2.6M | 118.8M | 124.8M | |
Total Liab | 477.4M | 434.8M | 416.1M | 570.9M | 333.0M | 352.3M | |
Total Current Assets | 60.8M | 43.6M | 60.5M | 236.4M | 180.5M | 113.5M | |
Short Term Debt | 989K | 3.6M | 729K | 13.7M | 13.3M | 8.3M | |
Intangible Assets | 117.9M | 103.1M | 88.5M | 75.2M | 66.9M | 88.8M | |
Common Stock | 85.7M | 89.2M | 83.5M | 113.2M | 10K | 9.5K | |
Property Plant Equipment | 365.2M | 322.5M | 303.0M | 389.0M | 447.4M | 327.7M | |
Non Current Assets Total | 540.0M | 490.7M | 452.9M | 535.3M | 529.8M | 477.6M | |
Non Currrent Assets Other | 27.4M | 35.0M | 31.5M | 62.0M | 3.1M | 3.0M | |
Liabilities And Stockholders Equity | 600.8M | 534.2M | 513.4M | 771.7M | 710.3M | 580.8M | |
Non Current Liabilities Total | 416.5M | 389.3M | 343.3M | 380.0M | 262.7M | 305.3M | |
Other Current Assets | 5.5M | 8.4M | 8.4M | 12.6M | 9.5M | 7.6M | |
Net Invested Capital | 526.7M | 473.9M | 427.5M | 529.7M | 555.4M | 395.7M | |
Net Working Capital | (126K) | (2.0M) | (12.3M) | 45.5M | 110.2M | 115.7M | |
Short Long Term Debt Total | 403.3M | 374.5M | 330.2M | 342.5M | 200.8M | 326.8M | |
Property Plant And Equipment Net | 353.7M | 311.5M | 291.8M | 357.1M | 403.4M | 372.2M | |
Current Deferred Revenue | 16.8M | 6.6M | 27.1M | 120.0M | 1.8M | 1.7M | |
Net Debt | 396.5M | 367.5M | 306.8M | 160.8M | 96.9M | 193.0M | |
Cash And Short Term Investments | 6.8M | 7.0M | 23.4M | 181.7M | 103.9M | 61.4M | |
Long Term Debt Total | 404.3M | 374.5M | 330.2M | 328.8M | 378.2M | 344.6M | |
Capital Surpluse | 111.8M | 106.6M | 109.5M | 139.3M | 125.4M | 125.9M | |
Deferred Long Term Liab | 4.7M | 3.4M | 7.3M | 20.7M | 23.7M | 24.9M |
Currently Active Assets on Macroaxis
When determining whether Target Hospitality Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Target Hospitality'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 Target Hospitality Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Target Hospitality Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Hospitality Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Target Hospitality Corp information on this page should be used as a complementary analysis to other Target Hospitality'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Target Stock analysis
When running Target Hospitality's price analysis, check to measure Target Hospitality'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 Target Hospitality is operating at the current time. Most of Target Hospitality's value examination focuses on studying past and present price action to predict the probability of Target Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target Hospitality's price. Additionally, you may evaluate how the addition of Target Hospitality to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Target Hospitality'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 Target Hospitality. If investors know Target 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 Target Hospitality 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 (0.47) | Earnings Share 1.38 | Revenue Per Share 5.155 | Quarterly Revenue Growth (0.28) | Return On Assets 0.2003 |
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality'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 Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality'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 Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality'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.