Trinity Non Current Liabilities Total vs Total Current Liabilities Analysis

TPHS Stock

USD 0.14 0.01 7.69%

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 Non Current Liabilities Total and its Total Current Liabilities 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.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinity Place Holdings Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Trinity Place's Non Current Liabilities Total and Total Current Liabilities is 0.41. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Trinity Place Holdings 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 Non Current Liabilities Total i.e., Trinity Place's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Trinity Place balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Trinity Place Holdings 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 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 Expenses	7.1M	10.1M	5.9M	5.6M
Cost Of Revenue	31.9M	41.1M	36.8M	35.0M

Total Operating Expenses Cost Of Revenue

Trinity Place fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Other Assets	Common Stock Total Equity	Common Stock
Total Assets		0.88	-0.14	0.54	-0.01	-0.27	0.85	-0.54	0.12	0.91	0.34	-0.49	-0.07	0.66	0.91	0.64	-0.39	0.71	0.93	-0.3	-0.24	0.25	0.24	0.41	0.04	0.1
Short Long Term Debt Total	0.88		-0.41	0.44	-0.36	-0.42	0.99	-0.78	-0.06	0.82	0.55	-0.44	-0.21	0.73	0.99	0.81	-0.43	0.6	0.95	-0.26	-0.27	0.54	0.06	0.27	0.2	0.27
Other Current Liab	-0.14	-0.41		0.25	0.5	0.27	-0.41	0.69	0.1	-0.23	-0.76	0.26	0.36	-0.21	-0.38	-0.45	0.51	-0.29	-0.31	0.06	0.59	-0.83	0.33	0.12	-0.22	-0.27
Total Current Liabilities	0.54	0.44	0.25		-0.3	-0.09	0.39	-0.32	0.32	0.31	0.15	0.07	0.34	0.3	0.41	0.26	0.47	0.1	0.63	-0.21	0.59	0.19	0.72	-0.11	-0.19	-0.15
Total Stockholder Equity	-0.01	-0.36	0.5	-0.3		0.24	-0.38	0.67	0.22	0.02	-0.59	-0.17	0.17	-0.18	-0.31	-0.33	-0.13	0.28	-0.36	0.2	-0.13	-0.71	-0.1	0.44	0.04	-0.01
Property Plant And Equipment Net	-0.27	-0.42	0.27	-0.09	0.24		-0.42	0.28	0.1	-0.2	-0.06	0.17	0.65	-0.07	-0.36	-0.62	0.18	-0.06	-0.34	-0.09	0.01	-0.4	0.12	-0.26	-0.09	-0.13
Net Debt	0.85	0.99	-0.41	0.39	-0.38	-0.42		-0.77	-0.19	0.81	0.52	-0.37	-0.26	0.75	0.99	0.81	-0.47	0.56	0.92	-0.26	-0.3	0.53	-0.01	0.26	0.22	0.29
Retained Earnings	-0.54	-0.78	0.69	-0.32	0.67	0.28	-0.77		0.04	-0.5	-0.82	0.24	0.18	-0.56	-0.75	-0.55	0.26	-0.51	-0.75	0.49	0.26	-0.82	0.09	0.15	0.06	-0.02
Cash	0.12	-0.06	0.1	0.32	0.22	0.1	-0.19	0.04		-0.06	0.12	-0.47	0.38	-0.18	-0.1	-0.05	0.36	0.18	0.07	0.04	0.24	0.02	0.51	0.06	-0.16	-0.16
Non Current Assets Total	0.91	0.82	-0.23	0.31	0.02	-0.2	0.81	-0.5	-0.06		0.37	-0.58	-0.09	0.77	0.88	0.61	-0.63	0.7	0.82	-0.24	-0.5	0.14	0.07	0.4	0.12	0.18
Non Currrent Assets Other	0.34	0.55	-0.76	0.15	-0.59	-0.06	0.52	-0.82	0.12	0.37		-0.36	-0.09	0.31	0.51	0.49	-0.24	0.36	0.54	-0.16	-0.31	0.78	0.05	-0.25	0.05	0.11
Cash And Short Term Investments	-0.49	-0.44	0.26	0.07	-0.17	0.17	-0.37	0.24	-0.47	-0.58	-0.36		0.15	-0.38	-0.46	-0.47	0.53	-0.52	-0.39	-0.08	0.54	-0.04	0.04	-0.32	-0.2	-0.24
Net Receivables	-0.07	-0.21	0.36	0.34	0.17	0.65	-0.26	0.18	0.38	-0.09	-0.09	0.15		0.18	-0.2	-0.31	0.36	-0.01	-0.12	0.06	0.33	-0.31	0.54	-0.38	0.13	0.09
Common Stock Shares Outstanding	0.66	0.73	-0.21	0.3	-0.18	-0.07	0.75	-0.56	-0.18	0.77	0.31	-0.38	0.18		0.76	0.55	-0.51	0.6	0.64	-0.18	-0.36	0.14	-0.06	0.02	0.34	0.42
Non Current Liabilities Total	0.91	0.99	-0.38	0.41	-0.31	-0.36	0.99	-0.75	-0.1	0.88	0.51	-0.46	-0.2	0.76		0.78	-0.5	0.62	0.95	-0.29	-0.35	0.46	0.05	0.29	0.18	0.25
Inventory	0.64	0.81	-0.45	0.26	-0.33	-0.62	0.81	-0.55	-0.05	0.61	0.49	-0.47	-0.31	0.55	0.78		-0.47	0.33	0.71	0.28	-0.23	0.5	0.1	0.14	0.56	0.62
Other Current Assets	-0.39	-0.43	0.51	0.47	-0.13	0.18	-0.47	0.26	0.36	-0.63	-0.24	0.53	0.36	-0.51	-0.5	-0.47		-0.5	-0.28	-0.06	0.93	-0.07	0.49	-0.26	-0.44	-0.46
Other Stockholder Equity	0.71	0.6	-0.29	0.1	0.28	-0.06	0.56	-0.51	0.18	0.7	0.36	-0.52	-0.01	0.6	0.62	0.33	-0.5		0.56	-0.4	-0.5	0.2	-0.24	0.3	-0.01	0.04
Total Liab	0.93	0.95	-0.31	0.63	-0.36	-0.34	0.92	-0.75	0.07	0.82	0.54	-0.39	-0.12	0.64	0.95	0.71	-0.28	0.56		-0.35	-0.14	0.5	0.28	0.23	0.02	0.08
Property Plant And Equipment Gross	-0.3	-0.26	0.06	-0.21	0.2	-0.09	-0.26	0.49	0.04	-0.24	-0.16	-0.08	0.06	-0.18	-0.29	0.28	-0.06	-0.4	-0.35		0.09	-0.19	0.18	-0.12	0.74	0.72
Total Current Assets	-0.24	-0.27	0.59	0.59	-0.13	0.01	-0.3	0.26	0.24	-0.5	-0.31	0.54	0.33	-0.36	-0.35	-0.23	0.93	-0.5	-0.14	0.09		-0.11	0.57	-0.21	-0.25	-0.27
Short Term Debt	0.25	0.54	-0.83	0.19	-0.71	-0.4	0.53	-0.82	0.02	0.14	0.78	-0.04	-0.31	0.14	0.46	0.5	-0.07	0.2	0.5	-0.19	-0.11		-0.05	-0.13	0.02	0.08
Accounts Payable	0.24	0.06	0.33	0.72	-0.1	0.12	-0.01	0.09	0.51	0.07	0.05	0.04	0.54	-0.06	0.05	0.1	0.49	-0.24	0.28	0.18	0.57	-0.05		-0.1	-0.04	-0.06
Other Assets	0.41	0.27	0.12	-0.11	0.44	-0.26	0.26	0.15	0.06	0.4	-0.25	-0.32	-0.38	0.02	0.29	0.14	-0.26	0.3	0.23	-0.12	-0.21	-0.13	-0.1		-0.18	-0.17
Common Stock Total Equity	0.04	0.2	-0.22	-0.19	0.04	-0.09	0.22	0.06	-0.16	0.12	0.05	-0.2	0.13	0.34	0.18	0.56	-0.44	-0.01	0.02	0.74	-0.25	0.02	-0.04	-0.18		0.99
Common Stock	0.1	0.27	-0.27	-0.15	-0.01	-0.13	0.29	-0.02	-0.16	0.18	0.11	-0.24	0.09	0.42	0.25	0.62	-0.46	0.04	0.08	0.72	-0.27	0.08	-0.06	-0.17	0.99

Click cells to compare fundamentals

Trinity Place Account Relationship Matchups

Trinity Place fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	345.3M	329.1M	351.4M	306.9M	267.5M	247.6M
Short Long Term Debt Total	177.7M	244.5M	272.2M	259.8M	247.7M	260.1M
Other Current Liab	22.2M	15.9M	17.9M	19.0M	(165.1M)	(156.9M)
Total Current Liabilities	110.3M	55.5M	63.5M	63.2M	82.4M	44.0M
Total Stockholder Equity	59.7M	67.9M	60.2M	27.3M	(10.0M)	(9.5M)
Property Plant And Equipment Net	1.9M	1.6M	1.3M	945K	519K	493.1K
Net Debt	168.5M	238.0M	267.8M	258.3M	239.4M	251.4M
Retained Earnings	(16.0M)	(9.5M)	(26.0M)	(56.9M)	(95.9M)	(91.1M)
Cash	9.2M	6.5M	4.3M	1.5M	8.3M	9.1M
Non Current Assets Total	324.0M	311.6M	325.7M	282.0M	254.4M	159.8M
Non Currrent Assets Other	4.2M	454K	1.3M	268.9M	434.8M	456.5M
Cash And Short Term Investments	9.2M	6.5M	4.3M	1.5M	8.3M	10.8M
Net Receivables	1.8M	1.1M	198K	425K	663K	629.9K
Common Stock Shares Outstanding	32.0M	33.0M	33.3M	37.2M	38.4M	22.1M
Liabilities And Stockholders Equity	345.3M	329.1M	351.4M	306.9M	267.5M	247.6M
Non Current Liabilities Total	175.3M	205.7M	227.7M	216.4M	195.2M	205.0M
Inventory	30.8M	27.1M	46.3M	45.5M	40.9M	46.2M
Other Current Assets	(20.5M)	(17.1M)	(25.0M)	(22.5M)	(9.0M)	(8.6M)
Other Stockholder Equity	78.5M	79.2M	87.1M	87.4M	87.7M	65.6M
Total Liab	285.6M	261.2M	291.2M	279.6M	277.6M	291.4M
Property Plant And Equipment Gross	1.9M	1.6M	1.3M	945K	519K	493.1K
Total Current Assets	21.3M	17.6M	25.7M	25.0M	13.2M	12.5M
Accumulated Other Comprehensive Income	(3.2M)	(2.2M)	(1.3M)	(3.6M)	(2.3M)	(2.4M)
Short Term Debt	5.2M	39.6M	45.6M	44.2M	247.5M	259.9M
Accounts Payable	21.0M	22.2M	15.9M	12.3M	11.0M	15.2M
Other Assets	2.6M	313.5M	319.3M	(1.0)	(0.9)	(0.85)
Common Stock Total Equity	368K	372K	376K	383K	344.7K	478.5K
Common Stock	376K	383K	430K	435K	450K	460.0K
Other Liab	53.0M	85.7M	830K	1.1M	1.3M	1.3M
Treasury Stock	(53.7M)	(54.8M)	(55.7M)	(56.8M)	(51.1M)	(53.7M)
Property Plant Equipment	213.1M	295.1M	280.8M	295.9M	340.2M	357.2M
Intangible Assets	7.2M	9.2M	8.4M	7.7M	7.0M	5.3M
Long Term Debt	170.4M	203.2M	225.1M	214.6M	194.6M	97.9M
Net Tangible Assets	48.8M	44.1M	58.7M	51.8M	46.6M	52.3M
Long Term Debt Total	36.2M	123.3M	175.6M	210.9M	242.6M	254.7M

Pair Trading with Trinity Place

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Place position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Place will appreciate offsetting losses from the drop in the long position's value.

Moving together with Trinity Stock

0.7

AEI

Alset Ehome International

Pair Corr

Moving against Trinity Stock

0.64	BHM	Bluerock Homes Trust	Pair Corr
0.55	DOMA	Doma Holdings	Pair Corr

The ability to find closely correlated positions to Trinity Place could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Place when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Place - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Place Holdings to buy it.

The correlation of Trinity Place is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Place moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Place Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Trinity Place can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Trinity

Details

Is Trinity Stock a good investment?

Details

What is Trinity Place's Net Worth?

Details

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Trinity Non Current Liabilities Total vs Total Current Liabilities Analysis

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Current Liabilities

Trinity Place fundamental ratios Correlations

Trinity Place Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trinity Place fundamental ratios Accounts

Pair Trading with Trinity Place

Moving together with Trinity Stock

Moving against Trinity Stock

Complementary Tools for Trinity Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Common Stock	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.95	Short Long Term Debt Total
Total Liab	+ 0.95	Non Current Liabilities Total

Short Term Debt	- 0.83	Other Current Liab
Short Term Debt	- 0.82	Retained Earnings
Non Currrent Assets Other	- 0.82	Retained Earnings
Retained Earnings	- 0.78	Short Long Term Debt Total
Retained Earnings	- 0.77	Net Debt
Non Currrent Assets Other	- 0.76	Other Current Liab