Tetra Net Income vs Receivables Turnover Analysis

TTI Stock  USD 4.43  0.01  0.23%   
Tetra Technologies financial indicator trend analysis is much more than just breaking down Tetra Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tetra Technologies is a good investment. Please check the relationship between Tetra Technologies Net Income and its Receivables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

Net Income vs Receivables Turnover

Net Income vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Technologies Net Income account and Receivables Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tetra Technologies' Net Income and Receivables Turnover is -0.47. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Tetra Technologies, assuming nothing else is changed. The correlation between historical values of Tetra Technologies' Net Income and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Tetra Technologies are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Net Income i.e., Tetra Technologies' Net Income and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tetra Technologies financial statement analysis. It represents the amount of money remaining after all of Tetra Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Receivables Turnover

Most indicators from Tetra Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tetra Technologies 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 Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.As of now, Tetra Technologies' Selling General Administrative is decreasing as compared to previous years. The Tetra Technologies' current Discontinued Operations is estimated to increase to about 235.5 K, while Tax Provision is projected to decrease to under 3.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.4M15.8M22.3M18.1M
Depreciation And Amortization33.5M32.8M34.3M67.3M

Tetra Technologies fundamental ratios Correlations

0.850.180.410.680.880.790.370.220.920.590.220.81-0.110.860.880.32-0.030.920.840.530.210.790.750.060.09
0.85-0.110.090.430.920.990.08-0.130.910.73-0.130.790.050.990.870.080.130.880.920.180.090.920.810.170.2
0.18-0.110.93-0.16-0.17-0.15-0.230.28-0.150.190.28-0.220.24-0.11-0.030.00.280.35-0.260.88-0.04-0.03-0.240.210.23
0.410.090.93-0.040.010.04-0.110.290.080.220.290.020.210.060.230.030.240.53-0.060.950.220.210.020.210.23
0.680.43-0.16-0.040.650.350.780.430.690.270.430.68-0.420.490.50.62-0.370.40.60.190.070.260.46-0.21-0.2
0.880.92-0.170.010.650.890.360.020.980.630.020.79-0.160.950.820.24-0.120.810.950.140.030.80.760.030.05
0.790.99-0.150.040.350.890.01-0.280.870.73-0.280.750.070.970.82-0.060.150.850.890.10.040.930.790.180.21
0.370.08-0.23-0.110.780.360.010.470.44-0.110.470.38-0.750.090.170.54-0.820.030.230.020.31-0.080.22-0.63-0.64
0.22-0.130.280.290.430.02-0.280.470.06-0.141.00.1-0.13-0.090.130.9-0.190.06-0.020.490.3-0.26-0.05-0.05-0.06
0.920.91-0.150.080.690.980.870.440.060.580.060.84-0.20.910.860.26-0.180.810.930.20.160.810.8-0.020.0
0.590.730.190.220.270.630.73-0.11-0.140.58-0.140.390.110.740.440.030.180.730.580.29-0.120.660.280.180.21
0.22-0.130.280.290.430.02-0.280.471.00.06-0.140.1-0.13-0.090.130.9-0.190.06-0.020.490.3-0.26-0.05-0.05-0.06
0.810.79-0.220.020.680.790.750.380.10.840.390.10.060.770.90.330.040.670.790.20.160.690.930.180.2
-0.110.050.240.21-0.42-0.160.07-0.75-0.13-0.20.11-0.130.060.040.19-0.160.880.13-0.040.23-0.250.170.110.940.94
0.860.99-0.110.060.490.950.970.09-0.090.910.74-0.090.770.040.850.120.140.880.940.17-0.010.880.770.180.21
0.880.87-0.030.230.50.820.820.170.130.860.440.130.90.190.850.260.210.830.860.370.250.840.920.340.35
0.320.080.00.030.620.24-0.060.540.90.260.030.90.33-0.160.120.26-0.20.120.20.290.24-0.10.12-0.04-0.04
-0.030.130.280.24-0.37-0.120.15-0.82-0.19-0.180.18-0.190.040.880.140.21-0.20.230.030.26-0.240.230.10.870.89
0.920.880.350.530.40.810.850.030.060.810.730.060.670.130.880.830.120.230.770.60.10.850.670.250.29
0.840.92-0.26-0.060.60.950.890.23-0.020.930.58-0.020.79-0.040.940.860.20.030.770.070.020.830.790.150.17
0.530.180.880.950.190.140.10.020.490.20.290.490.20.230.170.370.290.260.60.070.20.230.130.280.3
0.210.09-0.040.220.070.030.040.310.30.16-0.120.30.16-0.25-0.010.250.24-0.240.10.020.20.230.16-0.21-0.22
0.790.92-0.030.210.260.80.93-0.08-0.260.810.66-0.260.690.170.880.84-0.10.230.850.830.230.230.730.290.32
0.750.81-0.240.020.460.760.790.22-0.050.80.28-0.050.930.110.770.920.120.10.670.790.130.160.730.20.21
0.060.170.210.21-0.210.030.18-0.63-0.05-0.020.18-0.050.180.940.180.34-0.040.870.250.150.28-0.210.290.20.99
0.090.20.230.23-0.20.050.21-0.64-0.060.00.21-0.060.20.940.210.35-0.040.890.290.170.3-0.220.320.210.99
Click cells to compare fundamentals

Tetra Technologies Account Relationship Matchups

Tetra Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.1B398.3M434.4M499.5M806.7M
Short Long Term Debt Total896.8M237.5M191.5M192.4M196.8M287.8M
Other Current Liab74.1M764.0M1.4M65.3M60.6M86.7M
Total Current Liabilities188.7M798.1M97.1M124.3M126.0M151.2M
Total Stockholder Equity162.8M71.1M99.7M107.6M148.6M277.6M
Property Plant And Equipment Net758.6M96.9M125.9M135.4M139.6M132.6M
Net Debt879.1M170.2M159.9M178.8M144.3M258.9M
Retained Earnings(362.5M)(413.7M)(310.3M)(302.5M)(276.7M)(262.9M)
Cash17.7M67.3M31.6M13.6M52.5M28.9M
Non Current Assets Total920.6M201.3M187.9M195.9M217.5M206.6M
Non Currrent Assets Other161.9M104.4M12.1M11.2M10.8M10.3M
Cash And Short Term Investments17.7M67.3M31.6M13.6M52.5M28.9M
Net Receivables176.5M64.1M91.2M129.6M111.8M121.6M
Common Stock Shares Outstanding125.6M125.8M126.6M129.8M131.2M86.9M
Liabilities And Stockholders Equity1.3B1.1B398.3M434.4M499.5M806.7M
Non Current Liabilities Total920.4M263.7M202.6M203.7M226.2M361.6M
Inventory136.5M76.7M69.1M72.1M96.5M79.4M
Other Current Assets20.6M13.6M18.5M23.1M21.2M18.9M
Other Stockholder Equity576.2M533.4M455.7M457.9M469.2M492.7M
Total Liab1.1B1.1B299.7M328.0M352.2M512.8M
Property Plant And Equipment Gross826.8M140.3M454.9M135.4M447.6M437.7M
Total Current Assets351.4M931.5M210.4M238.4M282.0M282.4M
Accumulated Other Comprehensive Income(52.2M)(49.9M)(46.9M)(49.1M)(45.2M)(43.0M)
Short Term Debt15.9M8.8M8.1M7.8M9.9M5.0M
Intangible Assets74.2M41.5M37.0M33.0M29.1M33.1M
Accounts Payable88.9M22.6M37.9M49.1M52.3M52.2M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M802.8K
Common Stock1.3M1.3M1.3M1.3M1.3M855.1K
Other Liab23.6M26.2M19.2M19.1M17.2M16.4M
Other Assets19.6M104.4M13.7M10.4M12.0M11.4M
Long Term Debt842.9M199.9M151.9M156.5M157.5M149.6M
Treasury Stock(19.0M)(19.2M)(19.5M)(20.0M)(18.0M)(18.9M)
Property Plant Equipment758.6M96.9M125.9M135.4M155.7M147.9M
Current Deferred Revenue9.8M2.7M49.7M2.0M3.1M2.9M
Net Tangible Assets(39.8M)(51.1M)62.7M74.7M67.2M118.0M
Noncontrolling Interest In Consolidated Entity139.3M128.5M80.7M(1.1M)(1.3M)(1.2M)
Retained Earnings Total Equity(218.0M)(362.5M)(413.7M)(310.3M)(279.3M)(265.3M)

Currently Active Assets on Macroaxis

When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' 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 Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Tetra Technologies' price analysis, check to measure Tetra Technologies' 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 Technologies is operating at the current time. Most of Tetra Technologies' value examination focuses on studying past and present price action to predict the probability of Tetra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Technologies' price. Additionally, you may evaluate how the addition of Tetra Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Technologies' 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 Technologies. 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 Technologies 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
17.316
Earnings Share
0.2
Revenue Per Share
4.833
Quarterly Revenue Growth
0.039
Return On Assets
0.0576
The market value of Tetra Technologies 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 Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' 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 Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' 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 Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' 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.