Target Short Long Term Debt vs Total Current Liabilities 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 Short Long Term Debt and its Total Current Liabilities 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.
Short Long Term Debt vs Total Current Liabilities
Short Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Hospitality Corp Short Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Target Hospitality's Short Long Term Debt and Total Current Liabilities is -0.63. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Target Hospitality Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt i.e., Target Hospitality's Short Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Total Current Liabilities
Total Current Liabilities is an item on Target Hospitality balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Target Hospitality Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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.
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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.