Team Accounts Payable vs Other Current Assets Analysis

TISI Stock  USD 8.57  0.18  2.06%   
Team financial indicator trend analysis is much more than just breaking down Team Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Team Inc is a good investment. Please check the relationship between Team Accounts Payable and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Team 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 state.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Team Inc Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Team's Accounts Payable and Other Current Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Team Inc, assuming nothing else is changed. The correlation between historical values of Team's Accounts Payable and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Team Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Team's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Team obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Team Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Team's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Team 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 Team 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 state.
As of now, Team's Discontinued Operations is increasing as compared to previous years. The Team's current Tax Provision is estimated to increase to about 3.3 M, while Selling General Administrative is projected to decrease to under 144.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense46.3M85.1M55.2M57.9M
Depreciation And Amortization39.1M37.6M37.9M39.8M

Team fundamental ratios Correlations

0.710.430.320.750.840.710.140.230.980.910.230.840.360.750.960.880.570.750.230.81-0.010.950.860.790.69
0.710.830.580.130.950.99-0.550.420.680.480.420.830.470.90.750.750.950.990.720.840.090.80.920.80.24
0.430.830.7-0.210.720.79-0.770.660.340.130.660.640.340.660.510.550.90.850.590.710.280.470.720.750.11
0.320.580.7-0.140.50.53-0.590.640.220.00.640.530.590.190.440.50.720.620.350.610.850.360.460.6-0.26
0.750.13-0.21-0.140.390.160.74-0.160.790.88-0.160.50.160.310.630.5-0.040.18-0.170.42-0.210.620.410.280.71
0.840.950.720.50.390.95-0.310.350.820.650.350.920.570.90.850.770.880.950.680.910.030.870.960.830.38
0.710.990.790.530.160.95-0.520.320.70.510.320.810.480.910.750.750.940.980.720.810.040.810.920.780.26
0.14-0.55-0.77-0.590.74-0.31-0.52-0.440.20.42-0.44-0.16-0.27-0.30.0-0.09-0.7-0.51-0.62-0.23-0.330.0-0.27-0.360.44
0.230.420.660.64-0.160.350.32-0.440.08-0.071.00.460.140.230.330.260.460.480.20.60.460.210.390.46-0.06
0.980.680.340.220.790.820.70.20.080.960.080.770.310.760.890.870.520.710.220.73-0.10.950.820.680.72
0.910.480.130.00.880.650.510.42-0.070.96-0.070.620.10.650.780.790.290.520.010.56-0.240.870.680.490.83
0.230.420.660.64-0.160.350.32-0.441.00.08-0.070.460.140.230.330.260.460.480.20.60.460.210.390.46-0.06
0.840.830.640.530.50.920.81-0.160.460.770.620.460.590.760.880.690.750.850.550.980.110.780.930.820.39
0.360.470.340.590.160.570.48-0.270.140.310.10.140.590.240.490.220.590.470.660.570.430.330.440.57-0.29
0.750.90.660.190.310.90.91-0.30.230.760.650.230.760.240.730.690.760.890.630.74-0.320.820.910.690.52
0.960.750.510.440.630.850.750.00.330.890.780.330.880.490.730.830.640.790.320.870.10.910.870.890.55
0.880.750.550.50.50.770.75-0.090.260.870.790.260.690.220.690.830.650.790.130.690.210.930.810.70.6
0.570.950.90.72-0.040.880.94-0.70.460.520.290.460.750.590.760.640.650.940.770.780.270.650.820.790.05
0.750.990.850.620.180.950.98-0.510.480.710.520.480.850.470.890.790.790.940.660.880.140.820.940.830.29
0.230.720.590.35-0.170.680.72-0.620.20.220.010.20.550.660.630.320.130.770.660.55-0.060.30.550.49-0.26
0.810.840.710.610.420.910.81-0.230.60.730.560.60.980.570.740.870.690.780.880.550.190.770.920.830.33
-0.010.090.280.85-0.210.030.04-0.330.46-0.1-0.240.460.110.43-0.320.10.210.270.14-0.060.190.02-0.010.22-0.46
0.950.80.470.360.620.870.810.00.210.950.870.210.780.330.820.910.930.650.820.30.770.020.880.740.6
0.860.920.720.460.410.960.92-0.270.390.820.680.390.930.440.910.870.810.820.940.550.92-0.010.880.830.5
0.790.80.750.60.280.830.78-0.360.460.680.490.460.820.570.690.890.70.790.830.490.830.220.740.830.34
0.690.240.11-0.260.710.380.260.44-0.060.720.83-0.060.39-0.290.520.550.60.050.29-0.260.33-0.460.60.50.34
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Team Account Relationship Matchups

Team fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets985.2M731.0M704.5M616.6M565.7M320.3M
Short Long Term Debt Total330.6M312.5M405.9M285.9M355.6M373.4M
Other Current Liab102.4M132.7M183.5M135.3M118.1M124.0M
Total Current Liabilities150.5M133.0M184.1M448.9M174.9M183.7M
Total Stockholder Equity436.7M214.6M51.9M117.8M45.6M43.3M
Property Plant And Equipment Net192.0M170.3M161.4M138.1M167.6M175.9M
Net Debt318.4M287.9M340.5M227.9M320.2M336.2M
Retained Earnings48.7M(189.6M)(375.6M)(301.7M)(377.4M)(358.5M)
Cash12.2M24.6M65.3M58.1M35.4M37.2M
Non Current Assets Total667.6M447.2M351.4M269.1M243.6M174.7M
Non Currrent Assets Other475.7M276.9M190.1M55.2M12.2M11.6M
Cash And Short Term Investments12.2M24.6M65.3M58.1M35.4M37.2M
Net Receivables245.9M195.5M231.1M226.5M225.2M236.5M
Common Stock Shares Outstanding3.0M3.1M309.8K4.2M4.4M3.6M
Liabilities And Stockholders Equity985.2M731.0M704.5M616.6M565.7M320.3M
Non Current Liabilities Total398.0M383.4M468.5M50.0M345.2M362.5M
Inventory39.2M36.9M35.8M36.3M38.9M19.7M
Other Current Assets305.4M259.1M287.7M289.5M22.6M21.5M
Other Stockholder Equity409.0M422.6M444.8M457.1M458.6M481.5M
Total Liab548.5M516.4M652.6M498.9M520.1M546.2M
Property Plant And Equipment Gross259.0M234.2M161.4M138.1M478.3M502.2M
Total Current Assets317.6M283.7M353.1M347.6M322.1M338.2M
Accumulated Other Comprehensive Income(30.2M)(27.7M)(26.7M)(39.0M)(36.9M)(35.1M)
Short Term Debt5.3M337K669K281.0M19.4M12.4M
Intangible Assets117.0M103.3M89.9M75.4M62.7M36.2M
Accounts Payable41.6M42.1M46.2M32.5M36.4M38.2M
Common Stock Total Equity9.0M9.1M9.2M9.3M10.6M5.7M
Common Stock9.2M9.3M9.4M1.3M1.3M1.2M
Other Liab18.3M71.2M14.1M6.3M7.2M6.8M
Other Assets9.6M82.3M477.8M7.1M8.2M7.8M
Long Term Debt325.3M312.2M405.2M4.9M306.2M159.4M
Good Will281.7M282.0M91.4M25.2M22.7M21.6M
Property Plant Equipment192.0M170.3M222.1M186.6M214.5M225.3M
Current Deferred Revenue1.2M(42.1M)(46.2M)1.0M914.4K960.1K
Net Tangible Assets37.6M20.0M(63.3M)42.4M38.1M49.2M
Retained Earnings Total Equity115.8M81.5M48.7M(189.6M)(170.6M)(162.1M)
Long Term Debt Total387.7M356.8M325.3M312.2M359.0M283.3M

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When determining whether Team Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Team'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 Team Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Team Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Team 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 state.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Team'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 Team. If investors know Team 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 Team listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(15.52)
Revenue Per Share
195.941
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.01)
Return On Equity
(1.13)
The market value of Team Inc is measured differently than its book value, which is the value of Team that is recorded on the company's balance sheet. Investors also form their own opinion of Team's value that differs from its market value or its book value, called intrinsic value, which is Team'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 Team's market value can be influenced by many factors that don't directly affect Team'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 Team's value and its price as these two are different measures arrived at by different means. Investors typically determine if Team is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Team'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.