Trinity Accounts Payable vs Common Stock Analysis

TPHS Stock  USD 0.14  0.00  0.00%   
Trinity Place financial indicator trend analysis is much more than just breaking down Trinity Place Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trinity Place Holdings is a good investment. Please check the relationship between Trinity Place Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Place Holdings. 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinity Place Holdings Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trinity Place's Accounts Payable and Common Stock is -0.06. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Trinity Place Holdings, assuming nothing else is changed. The correlation between historical values of Trinity Place's Accounts Payable 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 Accounts Payable of Trinity Place Holdings 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 Accounts Payable i.e., Trinity Place's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Trinity Place 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 Trinity Place Holdings 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.

Common Stock

Most indicators from Trinity Place's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trinity Place Holdings 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 Trinity Place Holdings. 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.
At this time, Trinity Place's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 270.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses7.1M10.1M5.9M5.6M
Cost Of Revenue31.9M41.1M36.8M35.0M

Trinity Place fundamental ratios Correlations

0.88-0.140.54-0.01-0.270.85-0.540.120.910.34-0.49-0.070.660.910.64-0.390.710.93-0.3-0.240.250.240.410.040.1
0.88-0.410.44-0.36-0.420.99-0.78-0.060.820.55-0.44-0.210.730.990.81-0.430.60.95-0.26-0.270.540.060.270.20.27
-0.14-0.410.250.50.27-0.410.690.1-0.23-0.760.260.36-0.21-0.38-0.450.51-0.29-0.310.060.59-0.830.330.12-0.22-0.27
0.540.440.25-0.3-0.090.39-0.320.320.310.150.070.340.30.410.260.470.10.63-0.210.590.190.72-0.11-0.19-0.15
-0.01-0.360.5-0.30.24-0.380.670.220.02-0.59-0.170.17-0.18-0.31-0.33-0.130.28-0.360.2-0.13-0.71-0.10.440.04-0.01
-0.27-0.420.27-0.090.24-0.420.280.1-0.2-0.060.170.65-0.07-0.36-0.620.18-0.06-0.34-0.090.01-0.40.12-0.26-0.09-0.13
0.850.99-0.410.39-0.38-0.42-0.77-0.190.810.52-0.37-0.260.750.990.81-0.470.560.92-0.26-0.30.53-0.010.260.220.29
-0.54-0.780.69-0.320.670.28-0.770.04-0.5-0.820.240.18-0.56-0.75-0.550.26-0.51-0.750.490.26-0.820.090.150.06-0.02
0.12-0.060.10.320.220.1-0.190.04-0.060.12-0.470.38-0.18-0.1-0.050.360.180.070.040.240.020.510.06-0.16-0.16
0.910.82-0.230.310.02-0.20.81-0.5-0.060.37-0.58-0.090.770.880.61-0.630.70.82-0.24-0.50.140.070.40.120.18
0.340.55-0.760.15-0.59-0.060.52-0.820.120.37-0.36-0.090.310.510.49-0.240.360.54-0.16-0.310.780.05-0.250.050.11
-0.49-0.440.260.07-0.170.17-0.370.24-0.47-0.58-0.360.15-0.38-0.46-0.470.53-0.52-0.39-0.080.54-0.040.04-0.32-0.2-0.24
-0.07-0.210.360.340.170.65-0.260.180.38-0.09-0.090.150.18-0.2-0.310.36-0.01-0.120.060.33-0.310.54-0.380.130.09
0.660.73-0.210.3-0.18-0.070.75-0.56-0.180.770.31-0.380.180.760.55-0.510.60.64-0.18-0.360.14-0.060.020.340.42
0.910.99-0.380.41-0.31-0.360.99-0.75-0.10.880.51-0.46-0.20.760.78-0.50.620.95-0.29-0.350.460.050.290.180.25
0.640.81-0.450.26-0.33-0.620.81-0.55-0.050.610.49-0.47-0.310.550.78-0.470.330.710.28-0.230.50.10.140.560.62
-0.39-0.430.510.47-0.130.18-0.470.260.36-0.63-0.240.530.36-0.51-0.5-0.47-0.5-0.28-0.060.93-0.070.49-0.26-0.44-0.46
0.710.6-0.290.10.28-0.060.56-0.510.180.70.36-0.52-0.010.60.620.33-0.50.56-0.4-0.50.2-0.240.3-0.010.04
0.930.95-0.310.63-0.36-0.340.92-0.750.070.820.54-0.39-0.120.640.950.71-0.280.56-0.35-0.140.50.280.230.020.08
-0.3-0.260.06-0.210.2-0.09-0.260.490.04-0.24-0.16-0.080.06-0.18-0.290.28-0.06-0.4-0.350.09-0.190.18-0.120.740.72
-0.24-0.270.590.59-0.130.01-0.30.260.24-0.5-0.310.540.33-0.36-0.35-0.230.93-0.5-0.140.09-0.110.57-0.21-0.25-0.27
0.250.54-0.830.19-0.71-0.40.53-0.820.020.140.78-0.04-0.310.140.460.5-0.070.20.5-0.19-0.11-0.05-0.130.020.08
0.240.060.330.72-0.10.12-0.010.090.510.070.050.040.54-0.060.050.10.49-0.240.280.180.57-0.05-0.1-0.04-0.06
0.410.270.12-0.110.44-0.260.260.150.060.4-0.25-0.32-0.380.020.290.14-0.260.30.23-0.12-0.21-0.13-0.1-0.18-0.17
0.040.2-0.22-0.190.04-0.090.220.06-0.160.120.05-0.20.130.340.180.56-0.44-0.010.020.74-0.250.02-0.04-0.180.99
0.10.27-0.27-0.15-0.01-0.130.29-0.02-0.160.180.11-0.240.090.420.250.62-0.460.040.080.72-0.270.08-0.06-0.170.99
Click cells to compare fundamentals

Trinity Place Account Relationship Matchups

Trinity Place fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets345.3M329.1M351.4M306.9M267.5M247.6M
Short Long Term Debt Total177.7M244.5M272.2M259.8M247.7M260.1M
Other Current Liab22.2M15.9M17.9M19.0M(165.1M)(156.9M)
Total Current Liabilities110.3M55.5M63.5M63.2M82.4M44.0M
Total Stockholder Equity59.7M67.9M60.2M27.3M(10.0M)(9.5M)
Property Plant And Equipment Net1.9M1.6M1.3M945K519K493.1K
Net Debt168.5M238.0M267.8M258.3M239.4M251.4M
Retained Earnings(16.0M)(9.5M)(26.0M)(56.9M)(95.9M)(91.1M)
Cash9.2M6.5M4.3M1.5M8.3M9.1M
Non Current Assets Total324.0M311.6M325.7M282.0M254.4M159.8M
Non Currrent Assets Other4.2M454K1.3M268.9M434.8M456.5M
Cash And Short Term Investments9.2M6.5M4.3M1.5M8.3M10.8M
Net Receivables1.8M1.1M198K425K663K629.9K
Common Stock Shares Outstanding32.0M33.0M33.3M37.2M38.4M22.1M
Liabilities And Stockholders Equity345.3M329.1M351.4M306.9M267.5M247.6M
Non Current Liabilities Total175.3M205.7M227.7M216.4M195.2M205.0M
Inventory30.8M27.1M46.3M45.5M40.9M46.2M
Other Current Assets(20.5M)(17.1M)(25.0M)(22.5M)(9.0M)(8.6M)
Other Stockholder Equity78.5M79.2M87.1M87.4M87.7M65.6M
Total Liab285.6M261.2M291.2M279.6M277.6M291.4M
Property Plant And Equipment Gross1.9M1.6M1.3M945K519K493.1K
Total Current Assets21.3M17.6M25.7M25.0M13.2M12.5M
Accumulated Other Comprehensive Income(3.2M)(2.2M)(1.3M)(3.6M)(2.3M)(2.4M)
Short Term Debt5.2M39.6M45.6M44.2M247.5M259.9M
Accounts Payable21.0M22.2M15.9M12.3M11.0M15.2M
Other Assets2.6M313.5M319.3M(1.0)(0.9)(0.85)
Common Stock Total Equity368K372K376K383K344.7K478.5K
Common Stock376K383K430K435K450K460.0K
Other Liab53.0M85.7M830K1.1M1.3M1.3M
Treasury Stock(53.7M)(54.8M)(55.7M)(56.8M)(51.1M)(53.7M)
Property Plant Equipment213.1M295.1M280.8M295.9M340.2M357.2M
Intangible Assets7.2M9.2M8.4M7.7M7.0M5.3M
Long Term Debt170.4M203.2M225.1M214.6M194.6M97.9M
Net Tangible Assets48.8M44.1M58.7M51.8M46.6M52.3M
Long Term Debt Total36.2M123.3M175.6M210.9M242.6M254.7M

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When determining whether Trinity Place Holdings is a strong investment it is important to analyze Trinity Place'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 Trinity Place's future performance. For an informed investment choice regarding Trinity 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 Trinity Place Holdings. 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 Trinity Place Holdings information on this page should be used as a complementary analysis to other Trinity Place'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Trinity Place's price analysis, check to measure Trinity Place'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 Trinity Place is operating at the current time. Most of Trinity Place's value examination focuses on studying past and present price action to predict the probability of Trinity Place's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Place's price. Additionally, you may evaluate how the addition of Trinity Place to your portfolios can decrease your overall portfolio volatility.
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Is Trinity Place'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 Trinity Place. If investors know Trinity 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 Trinity Place listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
0.876
Quarterly Revenue Growth
(0.85)
Return On Assets
(0.02)
Return On Equity
(4.51)
The market value of Trinity Place Holdings is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Place's value that differs from its market value or its book value, called intrinsic value, which is Trinity Place'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 Trinity Place's market value can be influenced by many factors that don't directly affect Trinity Place'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 Trinity Place's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Place is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Place'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.