Tronox Cash vs Common Stock Shares Outstanding Analysis
TROX Stock | USD 19.81 0.08 0.41% |
Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Cash and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tronox Holdings PLC Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tronox Holdings' Cash and Common Stock Shares Outstanding is -0.5. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Tronox Holdings PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Tronox Holdings' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Tronox Holdings PLC, which is listed under current asset account on Tronox Holdings PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tronox Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Tronox Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox Holdings PLC 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 Tronox Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Tronox Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 895M | 832M | 462M | 342.3M | Total Revenue | 3.6B | 3.5B | 2.9B | 2.0B |
Tronox Holdings fundamental ratios Correlations
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Tronox Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tronox Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3B | 6.6B | 6.0B | 6.3B | 6.1B | 4.0B | |
Total Stockholder Equity | 748M | 1.7B | 2.0B | 2.4B | 1.9B | 1.2B | |
Property Plant And Equipment Net | 2.7B | 2.6B | 2.5B | 2.7B | 2.6B | 1.9B | |
Non Currrent Assets Other | 159M | 175M | 194M | 196M | 218M | 228.9M | |
Common Stock Shares Outstanding | 139.9M | 144.9M | 157.9M | 157.1M | 156.4M | 134.7M | |
Liabilities And Stockholders Equity | 5.3B | 6.6B | 6.0B | 6.3B | 6.1B | 4.1B | |
Other Stockholder Equity | 1.8B | 1.9B | 2.1B | 2.0B | 2.1B | 1.4B | |
Total Liab | 4.4B | 4.7B | 3.9B | 3.9B | 4.2B | 2.8B | |
Property Plant And Equipment Gross | 2.7B | 2.6B | 2.5B | 2.7B | 4.9B | 5.2B | |
Other Current Liab | 26M | 57M | 25M | 270M | 230M | 241.5M | |
Total Current Liabilities | 724M | 805M | 822M | 850M | 753M | 532.9M | |
Other Liab | 600M | 588M | 510M | 479M | 550.9M | 462.3M | |
Net Debt | 2.8B | 2.8B | 2.4B | 2.5B | 2.7B | 1.6B | |
Cash | 302M | 619M | 228M | 164M | 273M | 481.4M | |
Non Current Assets Total | 3.2B | 4.0B | 3.9B | 4.3B | 4.0B | 2.7B | |
Cash And Short Term Investments | 302M | 619M | 228M | 164M | 273M | 481.4M | |
Net Receivables | 488M | 544M | 637M | 383M | 300M | 390.6M | |
Good Will | 198M | 176M | 208M | 201M | 231.2M | 190.1M | |
Non Current Liabilities Total | 3.7B | 3.9B | 3.1B | 3.1B | 3.4B | 2.6B | |
Inventory | 1.1B | 1.1B | 1.0B | 1.3B | 1.4B | 726.2M | |
Other Current Assets | 175M | 229M | 136M | 135M | 141M | 177.7M | |
Total Current Assets | 2.1B | 2.5B | 2.0B | 2.0B | 2.1B | 1.8B | |
Accumulated Other Comprehensive Income | (606M) | (610M) | (738M) | (768M) | (814M) | (773.3M) | |
Intangible Assets | 208M | 201M | 217M | 250M | 243M | 221.9M | |
Property Plant Equipment | 2.7B | 2.6B | 2.5B | 2.5B | 2.9B | 2.0B | |
Short Long Term Debt Total | 3.1B | 3.4B | 2.7B | 2.7B | 3.0B | 2.2B | |
Retained Earnings | (493M) | 434M | 663M | 1.1B | 684M | 718.2M | |
Long Term Debt | 3.0B | 3.3B | 2.6B | 2.5B | 2.8B | 2.3B | |
Short Term Debt | 76M | 97M | 44M | 94M | 62M | 52.4M | |
Net Tangible Assets | 540M | 1.5B | 1.8B | 2.1B | 1.9B | 1.0B | |
Noncontrolling Interest In Consolidated Entity | 168M | 173M | 48M | 46M | 41.4M | 39.3M | |
Retained Earnings Total Equity | (493M) | 434M | 663M | 1.1B | 972M | 1.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tronox Holdings PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tronox Holdings' 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 Tronox Holdings Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tronox Holdings Plc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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Is Tronox Holdings' 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 Tronox Holdings. If investors know Tronox 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 Tronox Holdings 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 0.482 | Dividend Share 0.5 | Earnings Share (2.23) | Revenue Per Share 18.581 | Quarterly Revenue Growth 0.093 |
The market value of Tronox Holdings PLC is measured differently than its book value, which is the value of Tronox that is recorded on the company's balance sheet. Investors also form their own opinion of Tronox Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tronox Holdings' 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 Tronox Holdings' market value can be influenced by many factors that don't directly affect Tronox Holdings' 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 Tronox Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tronox Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tronox Holdings' 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.