Tetra Gross Profit vs Interest Coverage Analysis

TTEK Stock

USD 186.83 0.34 0.18%

Tetra Tech financial indicator trend analysis is much more than just breaking down Tetra Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tetra Tech is a good investment. Please check the relationship between Tetra Tech Gross Profit and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Gross Profit vs Interest Coverage

Gross Profit vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Tech Gross Profit account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tetra Tech's Gross Profit and Interest Coverage is -0.18. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Tetra Tech, assuming nothing else is changed. The correlation between historical values of Tetra Tech's Gross Profit and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Tetra Tech are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Gross Profit i.e., Tetra Tech's Gross Profit and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tetra Tech minus its cost of goods sold. It is profit before Tetra Tech operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Coverage

Most indicators from Tetra Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tetra Tech 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 Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.At this time, Tetra Tech's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 154 M this year, although Enterprise Value Multiple will most likely fall to 13.18.

	2021	2022	2023	2024 (projected)
Gross Profit	575.6M	725.0M	833.8M	875.5M
Total Revenue	3.5B	4.5B	5.2B	5.5B

Gross Profit Total Revenue

Tetra Tech 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.95	0.98	0.99	0.95	0.84	0.93	0.96	0.45	0.79	0.99	0.89	0.79	0.95	0.4	0.96	0.84	-0.45	0.99	0.84	0.95	0.68	0.8	0.99	0.49	0.45
Short Long Term Debt Total	0.95		0.94	0.94	0.82	0.84	1.0	0.91	0.25	0.68	0.98	0.88	0.68	0.84	0.17	1.0	0.72	-0.57	0.98	0.84	0.83	0.7	0.81	0.97	0.25	0.22
Other Current Liab	0.98	0.94		1.0	0.92	0.88	0.92	0.98	0.38	0.73	0.98	0.92	0.73	0.91	0.31	0.94	0.87	-0.55	0.98	0.88	0.91	0.73	0.75	0.98	0.4	0.37
Total Current Liabilities	0.99	0.94	1.0		0.93	0.86	0.92	0.98	0.43	0.77	0.98	0.92	0.77	0.93	0.34	0.94	0.87	-0.53	0.98	0.86	0.94	0.73	0.73	0.98	0.44	0.4
Total Stockholder Equity	0.95	0.82	0.92	0.93		0.78	0.77	0.91	0.6	0.86	0.91	0.77	0.86	0.97	0.64	0.83	0.87	-0.23	0.89	0.78	0.97	0.6	0.73	0.91	0.71	0.69
Property Plant And Equipment Net	0.84	0.84	0.88	0.86	0.78		0.83	0.87	0.09	0.66	0.87	0.83	0.66	0.68	0.17	0.8	0.88	-0.6	0.84	1.0	0.72	0.94	0.59	0.84	0.26	0.23
Net Debt	0.93	1.0	0.92	0.92	0.77	0.83		0.88	0.19	0.6	0.96	0.86	0.6	0.79	0.1	0.99	0.67	-0.59	0.97	0.83	0.78	0.68	0.82	0.96	0.19	0.16
Retained Earnings	0.96	0.91	0.98	0.98	0.91	0.87	0.88		0.42	0.81	0.95	0.95	0.81	0.91	0.31	0.9	0.91	-0.61	0.95	0.87	0.93	0.78	0.62	0.95	0.41	0.36
Accounts Payable	0.45	0.25	0.38	0.43	0.6	0.09	0.19	0.42		0.62	0.34	0.28	0.62	0.67	0.81	0.3	0.36	0.23	0.36	0.09	0.66	-0.02	0.28	0.39	0.81	0.79
Cash	0.79	0.68	0.73	0.77	0.86	0.66	0.6	0.81	0.62		0.72	0.71	1.0	0.86	0.63	0.68	0.79	-0.23	0.74	0.66	0.9	0.58	0.44	0.73	0.69	0.65
Non Current Assets Total	0.99	0.98	0.98	0.98	0.91	0.87	0.96	0.95	0.34	0.72		0.88	0.72	0.9	0.3	0.98	0.81	-0.51	0.99	0.87	0.9	0.7	0.83	1.0	0.38	0.36
Non Currrent Assets Other	0.89	0.88	0.92	0.92	0.77	0.83	0.86	0.95	0.28	0.71	0.88		0.71	0.81	0.09	0.87	0.83	-0.77	0.91	0.83	0.82	0.8	0.51	0.89	0.19	0.14
Cash And Short Term Investments	0.79	0.68	0.73	0.77	0.86	0.66	0.6	0.81	0.62	1.0	0.72	0.71		0.86	0.63	0.68	0.79	-0.23	0.74	0.66	0.9	0.58	0.44	0.73	0.69	0.65
Net Receivables	0.95	0.84	0.91	0.93	0.97	0.68	0.79	0.91	0.67	0.86	0.9	0.81	0.86		0.6	0.86	0.78	-0.27	0.91	0.68	0.99	0.53	0.7	0.92	0.68	0.64
Common Stock Shares Outstanding	0.4	0.17	0.31	0.34	0.64	0.17	0.1	0.31	0.81	0.63	0.3	0.09	0.63	0.6		0.2	0.38	0.52	0.27	0.17	0.61	0.04	0.31	0.31	0.99	1.0
Non Current Liabilities Total	0.96	1.0	0.94	0.94	0.83	0.8	0.99	0.9	0.3	0.68	0.98	0.87	0.68	0.86	0.2		0.71	-0.53	0.99	0.8	0.85	0.64	0.84	0.98	0.29	0.26
Other Current Assets	0.84	0.72	0.87	0.87	0.87	0.88	0.67	0.91	0.36	0.79	0.81	0.83	0.79	0.78	0.38	0.71		-0.49	0.79	0.88	0.83	0.8	0.47	0.8	0.45	0.42
Other Stockholder Equity	-0.45	-0.57	-0.55	-0.53	-0.23	-0.6	-0.59	-0.61	0.23	-0.23	-0.51	-0.77	-0.23	-0.27	0.52	-0.53	-0.49		-0.54	-0.6	-0.29	-0.7	-0.1	-0.49	0.43	0.49
Total Liab	0.99	0.98	0.98	0.98	0.89	0.84	0.97	0.95	0.36	0.74	0.99	0.91	0.74	0.91	0.27	0.99	0.79	-0.54		0.84	0.9	0.69	0.8	1.0	0.36	0.33
Property Plant And Equipment Gross	0.84	0.84	0.88	0.86	0.78	1.0	0.83	0.87	0.09	0.66	0.87	0.83	0.66	0.68	0.17	0.8	0.88	-0.6	0.84		0.72	0.94	0.59	0.84	0.26	0.23
Total Current Assets	0.95	0.83	0.91	0.94	0.97	0.72	0.78	0.93	0.66	0.9	0.9	0.82	0.9	0.99	0.61	0.85	0.83	-0.29	0.9	0.72		0.57	0.67	0.91	0.68	0.65
Short Term Debt	0.68	0.7	0.73	0.73	0.6	0.94	0.68	0.78	-0.02	0.58	0.7	0.8	0.58	0.53	0.04	0.64	0.8	-0.7	0.69	0.94	0.57		0.31	0.67	0.11	0.07
Intangible Assets	0.8	0.81	0.75	0.73	0.73	0.59	0.82	0.62	0.28	0.44	0.83	0.51	0.44	0.7	0.31	0.84	0.47	-0.1	0.8	0.59	0.67	0.31		0.83	0.36	0.37
Good Will	0.99	0.97	0.98	0.98	0.91	0.84	0.96	0.95	0.39	0.73	1.0	0.89	0.73	0.92	0.31	0.98	0.8	-0.49	1.0	0.84	0.91	0.67	0.83		0.4	0.37
Common Stock Total Equity	0.49	0.25	0.4	0.44	0.71	0.26	0.19	0.41	0.81	0.69	0.38	0.19	0.69	0.68	0.99	0.29	0.45	0.43	0.36	0.26	0.68	0.11	0.36	0.4		0.99
Common Stock	0.45	0.22	0.37	0.4	0.69	0.23	0.16	0.36	0.79	0.65	0.36	0.14	0.65	0.64	1.0	0.26	0.42	0.49	0.33	0.23	0.65	0.07	0.37	0.37	0.99

Click cells to compare fundamentals

Tetra Tech Account Relationship Matchups

Tetra Tech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.6B	2.6B	3.8B	4.4B	4.6B
Short Long Term Debt Total	553.3M	454.2M	462.9M	1.1B	1.3B	1.3B
Other Current Liab	390.8M	449.4M	456.9M	619.8M	712.8M	748.4M
Total Current Liabilities	793.5M	848.5M	916.0M	1.2B	1.4B	1.4B
Total Stockholder Equity	1.0B	1.2B	1.2B	1.4B	1.6B	1.7B
Property Plant And Equipment Net	274.9M	253.2M	214.6M	250.8M	288.4M	302.8M
Net Debt	395.7M	287.7M	277.8M	920.4M	1.1B	1.1B
Retained Earnings	1.2B	1.4B	1.4B	1.6B	1.8B	1.9B
Accounts Payable	111.8M	128.8M	147.4M	173.3M	199.3M	121.1M
Cash	157.5M	166.6M	185.1M	168.8M	194.2M	203.9M
Non Current Assets Total	1.4B	1.5B	1.5B	2.5B	2.8B	3.0B
Non Currrent Assets Other	57.0M	53.2M	58.0M	70.5M	81.1M	85.1M
Cash And Short Term Investments	157.5M	166.6M	185.1M	168.8M	194.2M	203.9M
Net Receivables	761.2M	787.0M	857.7M	1.1B	1.3B	1.3B
Common Stock Shares Outstanding	55.0M	54.7M	54.2M	53.6M	61.7M	57.2M
Liabilities And Stockholders Equity	2.4B	2.6B	2.6B	3.8B	4.4B	4.6B
Non Current Liabilities Total	547.7M	493.8M	523.6M	1.2B	1.4B	1.5B
Other Current Assets	81.1M	112.3M	115.4M	89.1M	102.5M	107.6M
Other Stockholder Equity	78.1M	54K	53K	50K	57.5K	54.6K
Total Liab	1.3B	1.3B	1.4B	2.4B	2.8B	2.9B
Property Plant And Equipment Gross	274.9M	253.2M	214.6M	250.8M	288.4M	302.8M
Total Current Assets	999.8M	1.1B	1.2B	1.4B	1.6B	1.6B
Accumulated Other Comprehensive Income	(161.8M)	(125.0M)	(208.1M)	(195.3M)	(175.8M)	(167.0M)
Short Term Debt	118.9M	80.0M	70.4M	65.0M	74.8M	78.5M
Intangible Assets	13.9M	38.0M	29.2M	173.9M	156.5M	164.4M
Good Will	993.5M	1.1B	1.1B	1.9B	2.2B	2.3B
Common Stock Total Equity	546K	538K	540K	530K	609.5K	585.6K
Common Stock	538K	540K	530K	532K	611.8K	585.8K
Other Assets	20K	(2K)	78K	(38K)	(34.2K)	(32.5K)
Long Term Debt	242.4M	200M	246.3M	879.5M	1.0B	1.1B
Property Plant Equipment	39.4M	35.5M	253.2M	214.6M	246.8M	259.2M
Current Deferred Revenue	171.9M	190.4M	241.3M	335.0M	301.5M	286.5M
Other Liab	124.1M	113.4M	119.5M	131.1M	150.8M	158.3M
Net Tangible Assets	48.0M	221.8M	87.7M	43.5M	39.2M	37.2M
Long Term Debt Total	263.9M	242.4M	200M	246.3M	283.2M	238.3M

Currently Active Assets on Macroaxis

BAC	Bank of America
DD	Dupont De Nemours
F	Ford Motor
WD	Walker Dunlop
GOOG	Alphabet Inc Class C

When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:

How To Invest In Tetra

Details

Is Tetra Stock a good investment?

Details

What is Tetra Tech's Net Worth?

Details

Largest Environmental & Facilities Services Companies

View

Largest Commercial & Professional Services Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Note that the Tetra Tech information on this page should be used as a complementary analysis to other Tetra Tech'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Tetra Stock analysis

When running Tetra Tech's price analysis, check to measure Tetra Tech'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 Tetra Tech is operating at the current time. Most of Tetra Tech's value examination focuses on studying past and present price action to predict the probability of Tetra Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Tech's price. Additionally, you may evaluate how the addition of Tetra Tech to your portfolios can decrease your overall portfolio volatility.

	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	CEOs Directory Screen CEOs from public companies around the world
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences

Is Tetra Tech'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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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

(0.36)

Dividend Share

1.01

Earnings Share

4.32

Revenue Per Share

75.654

Quarterly Revenue Growth

0.378

The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech'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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech'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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech'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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tetra Gross Profit vs Interest Coverage Analysis

Gross Profit vs Interest Coverage

Gross Profit vs Interest Coverage Correlation Analysis

Correlation Coefficient

Gross Profit

Interest Coverage

Tetra Tech fundamental ratios Correlations

Tetra Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tetra Tech fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Tetra Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total

Other Stockholder Equity	- 0.77	Non Currrent Assets Other
Short Term Debt	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.61	Retained Earnings
Property Plant And Equipment Gross	- 0.6	Other Stockholder Equity
Other Stockholder Equity	- 0.6	Property Plant And Equipment Net
Other Stockholder Equity	- 0.59	Net Debt