TechPrecision Current Deferred Revenue vs Common Stock Analysis

TPCS Stock  USD 4.81  0.26  5.13%   
TechPrecision Common financial indicator trend analysis is much more than just breaking down TechPrecision Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechPrecision Common is a good investment. Please check the relationship between TechPrecision Common Current Deferred Revenue and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.

Current Deferred Revenue vs Common Stock

Current Deferred Revenue vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechPrecision Common Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TechPrecision Common's Current Deferred Revenue and Common Stock is -0.46. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock in the same time period over historical financial statements of TechPrecision Common, assuming nothing else is changed. The correlation between historical values of TechPrecision Common's Current Deferred Revenue and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of TechPrecision Common are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., TechPrecision Common's Current Deferred Revenue and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock

Most indicators from TechPrecision Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechPrecision Common 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 TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.At this time, TechPrecision Common's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 59.06 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue22.3M31.4M28.3M19.2M
Interest Expense269.4K355.6K320.0K304.0K

TechPrecision Common fundamental ratios Correlations

0.770.50.50.740.980.730.880.340.6-0.390.970.22-0.390.960.50.880.890.820.870.920.650.14-0.470.510.07
0.770.490.620.590.80.620.860.110.68-0.40.770.25-0.40.690.360.740.630.570.610.810.630.31-0.430.260.34
0.50.490.850.320.490.60.420.060.86-0.330.430.55-0.330.580.150.260.30.220.280.60.640.43-0.11-0.19-0.32
0.50.620.850.230.520.510.54-0.030.98-0.340.440.31-0.340.610.00.230.30.240.240.660.60.8-0.25-0.31-0.38
0.740.590.320.230.640.280.450.720.360.040.670.170.040.690.650.540.70.460.650.480.8-0.07-0.080.610.07
0.980.80.490.520.640.820.940.150.61-0.520.990.15-0.520.930.520.920.890.860.90.960.530.15-0.50.490.1
0.730.620.60.510.280.820.8-0.260.56-0.730.790.29-0.730.70.430.80.690.750.730.860.280.01-0.460.270.12
0.880.860.420.540.450.940.8-0.020.58-0.650.910.14-0.650.830.310.90.810.80.790.960.420.24-0.590.350.26
0.340.110.06-0.030.720.15-0.26-0.020.060.50.170.260.50.340.060.060.210.030.080.030.72-0.02-0.010.210.01
0.60.680.860.980.360.610.560.580.06-0.290.530.31-0.290.670.130.320.370.290.340.710.680.71-0.22-0.19-0.33
-0.39-0.4-0.33-0.340.04-0.52-0.73-0.650.5-0.29-0.490.121.0-0.44-0.17-0.53-0.58-0.57-0.5-0.580.08-0.070.47-0.11-0.09
0.970.770.430.440.670.990.790.910.170.53-0.490.11-0.490.910.590.930.910.860.940.930.50.06-0.440.60.12
0.220.250.550.310.170.150.290.140.260.310.120.110.120.2-0.130.17-0.060.04-0.070.260.490.02-0.15-0.240.2
-0.39-0.4-0.33-0.340.04-0.52-0.73-0.650.5-0.291.0-0.490.12-0.44-0.17-0.53-0.58-0.57-0.5-0.580.08-0.070.47-0.11-0.09
0.960.690.580.610.690.930.70.830.340.67-0.440.910.2-0.440.420.760.870.790.80.90.670.3-0.50.39-0.12
0.50.360.150.00.650.520.430.310.060.13-0.170.59-0.13-0.170.420.50.640.460.780.340.2-0.370.180.78-0.06
0.880.740.260.230.540.920.80.90.060.32-0.530.930.17-0.530.760.50.830.890.870.870.33-0.15-0.570.590.42
0.890.630.30.30.70.890.690.810.210.37-0.580.91-0.06-0.580.870.640.830.820.930.780.45-0.02-0.390.650.05
0.820.570.220.240.460.860.750.80.030.29-0.570.860.04-0.570.790.460.890.820.820.810.25-0.08-0.750.480.18
0.870.610.280.240.650.90.730.790.080.34-0.50.94-0.07-0.50.80.780.870.930.820.790.31-0.13-0.270.760.05
0.920.810.60.660.480.960.860.960.030.71-0.580.930.26-0.580.90.340.870.780.810.790.510.3-0.570.280.08
0.650.630.640.60.80.530.280.420.720.680.080.50.490.080.670.20.330.450.250.310.510.35-0.180.07-0.05
0.140.310.430.8-0.070.150.010.24-0.020.71-0.070.060.02-0.070.3-0.37-0.15-0.02-0.08-0.130.30.35-0.16-0.52-0.49
-0.47-0.43-0.11-0.25-0.08-0.5-0.46-0.59-0.01-0.220.47-0.44-0.150.47-0.50.18-0.57-0.39-0.75-0.27-0.57-0.18-0.160.08-0.33
0.510.26-0.19-0.310.610.490.270.350.21-0.19-0.110.6-0.24-0.110.390.780.590.650.480.760.280.07-0.520.080.23
0.070.34-0.32-0.380.070.10.120.260.01-0.33-0.090.120.2-0.09-0.12-0.060.420.050.180.050.08-0.05-0.49-0.330.23
Click cells to compare fundamentals

TechPrecision Common Account Relationship Matchups

TechPrecision Common fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6M16.0M37.9M36.2M41.6M43.7M
Short Long Term Debt Total2.6M3.8M13.7M11.8M13.6M6.9M
Other Current Liab1.6M1.5M3.4M2.5M2.9M1.8M
Total Current Liabilities2.7M4.7M13.3M9.0M10.4M6.6M
Total Stockholder Equity9.5M9.9M15.3M14.6M16.8M8.7M
Property Plant And Equipment Net4.2M4.1M19.5M19.6M22.5M23.6M
Current Deferred Revenue805.0K218.2K1.8M2.3M2.1M2.2M
Net Debt1.6M1.7M12.6M11.3M13.0M13.6M
Retained Earnings651.8K972.4K622.6K(356.4K)(320.8K)(304.8K)
Accounts Payable185.1K500.8K3.4M2.2M2.6M1.4M
Cash930.9K2.1M1.1M534.5K481.0K457.0K
Non Current Assets Total6.3M6.1M21.8M21.6M24.9M26.1M
Non Currrent Assets Other6.2K32.6K84.6K121.3K109.1K81.6K
Cash And Short Term Investments930.9K2.1M1.1M534.5K481.0K457.0K
Net Receivables5.5M6.1M11.4M11.3M13.0M13.6M
Common Stock Shares Outstanding7.3M7.8M8.1M8.6M9.9M6.7M
Liabilities And Stockholders Equity14.6M16.0M37.9M36.2M41.6M43.7M
Non Current Liabilities Total2.5M1.3M9.3M12.6M14.5M15.2M
Inventory1.2M1.3M2.2M2.4M2.8M2.9M
Other Current Assets606.2K379.4K1.1M11.7B13.5B14.1B
Other Stockholder Equity8.8M8.9M14.6M14.9M17.2M18.1M
Total Liab5.1M6.1M22.6M21.6M24.9M26.1M
Total Current Assets8.2M9.9M16.1M14.6M13.1M8.9M
Accumulated Other Comprehensive Income24.2K21.9K21.7K21.8K25.1K26.4K
Short Term Debt109.8K2.5M4.7M1.9M2.2M2.2M
Common Stock2.9K2.9K3.4K861.0990.15940.64
Other Assets2.0M2.1M2.0M2.2M2.6M2.7M
Long Term Debt2.4M1.3M3.1M4.7M4.3M3.0M
Property Plant Equipment4.2M4.1M19.5M13.9M16.0M16.8M
Net Tangible Assets9.5M9.9M15.3M14.6M16.8M8.7M
Common Stock Total Equity2.9K2.9K2.9K861.0774.9736.16
Retained Earnings Total Equity993.3K651.8K972.4K(356.4K)(409.9K)(430.4K)
Long Term Debt Total4.2M3.4M2.5M1.3M1.5M1.5M
Capital Surpluse8.7M8.8M8.9M14.9M17.2M9.5M
Short Long Term Debt98.0K2.5M4.1M1.2M1.1M1.3M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TechPrecision Common in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TechPrecision Common's short interest history, or implied volatility extrapolated from TechPrecision Common options trading.

Currently Active Assets on Macroaxis

When determining whether TechPrecision Common is a strong investment it is important to analyze TechPrecision Common's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TechPrecision Common's future performance. For an informed investment choice regarding TechPrecision Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.
Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for TechPrecision Stock analysis

When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
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Is TechPrecision Common'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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
3.515
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.05)
Return On Equity
(0.21)
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.