Twin Accounts Payable vs Gross Profit Analysis

TWIN Stock  USD 16.53  0.21  1.25%   
Twin Disc financial indicator trend analysis is much more than just breaking down Twin Disc rporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twin Disc rporated is a good investment. Please check the relationship between Twin Disc Accounts Payable and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Gross Profit

Accounts Payable vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twin Disc rporated Accounts Payable account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Twin Disc's Accounts Payable and Gross Profit is 0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Twin Disc Incorporated, assuming nothing else is changed. The correlation between historical values of Twin Disc's Accounts Payable and Gross Profit 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 Twin Disc Incorporated are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Accounts Payable i.e., Twin Disc's Accounts Payable and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Twin Disc 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 Twin Disc rporated 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Twin Disc Incorporated minus its cost of goods sold. It is profit before Twin Disc 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.
Most indicators from Twin Disc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twin Disc rporated 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 Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Twin Disc's Tax Provision is very stable compared to the past year. As of the 29th of March 2024, Enterprise Value Multiple is likely to grow to 8.96, while Selling General Administrative is likely to drop about 56.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit68.8M74.3M85.5M63.9M
Total Revenue242.9M277.0M318.5M235.0M

Twin Disc fundamental ratios Correlations

0.70.650.590.910.880.560.520.230.72-0.160.230.710.360.710.740.18-0.610.960.880.93-0.340.770.450.510.51
0.70.350.480.460.710.970.01-0.360.6-0.24-0.360.280.540.690.68-0.18-0.10.790.710.59-0.540.510.870.770.76
0.650.350.80.50.330.29-0.040.1-0.01-0.270.10.90.630.180.730.1-0.20.690.330.85-0.610.790.230.50.5
0.590.480.80.430.330.46-0.1-0.140.16-0.53-0.140.660.680.220.95-0.07-0.210.650.330.69-0.650.750.450.820.82
0.910.460.50.430.770.310.650.40.67-0.130.40.610.210.490.540.26-0.680.750.770.83-0.210.740.290.310.31
0.880.710.330.330.770.560.650.270.890.040.270.420.090.890.550.24-0.650.861.00.68-0.110.450.390.340.34
0.560.970.290.460.310.56-0.17-0.570.5-0.3-0.570.190.60.580.63-0.350.080.680.560.46-0.560.470.930.80.8
0.520.01-0.04-0.10.650.65-0.170.720.70.220.720.24-0.540.550.030.52-0.850.360.650.310.390.07-0.31-0.31-0.31
0.23-0.360.1-0.140.40.27-0.570.720.150.361.00.21-0.510.14-0.110.78-0.70.080.270.220.33-0.07-0.64-0.5-0.5
0.720.6-0.010.160.670.890.50.70.150.050.150.19-0.10.860.390.12-0.580.670.890.40.060.250.380.250.25
-0.16-0.24-0.27-0.53-0.130.04-0.30.220.360.050.36-0.06-0.540.18-0.440.020.07-0.160.04-0.230.2-0.51-0.45-0.66-0.66
0.23-0.360.1-0.140.40.27-0.570.721.00.150.360.21-0.510.14-0.110.78-0.70.080.270.220.33-0.07-0.64-0.5-0.5
0.710.280.90.660.610.420.190.240.210.19-0.060.210.380.320.620.07-0.290.70.420.83-0.50.710.090.290.29
0.360.540.630.680.210.090.6-0.54-0.51-0.1-0.54-0.510.38-0.050.64-0.310.30.440.090.53-0.630.70.720.820.82
0.710.690.180.220.490.890.580.550.140.860.180.140.32-0.050.460.19-0.490.790.890.47-0.050.170.330.260.26
0.740.680.730.950.540.550.630.03-0.110.39-0.44-0.110.620.640.46-0.05-0.320.790.550.75-0.620.740.560.860.86
0.18-0.180.1-0.070.260.24-0.350.520.780.120.020.780.07-0.310.19-0.05-0.550.110.240.180.25-0.11-0.37-0.24-0.24
-0.61-0.1-0.2-0.21-0.68-0.650.08-0.85-0.7-0.580.07-0.7-0.290.3-0.49-0.32-0.55-0.5-0.65-0.49-0.3-0.320.210.020.02
0.960.790.690.650.750.860.680.360.080.67-0.160.080.70.440.790.790.11-0.50.860.9-0.40.720.530.60.6
0.880.710.330.330.771.00.560.650.270.890.040.270.420.090.890.550.24-0.650.860.68-0.110.450.390.340.34
0.930.590.850.690.830.680.460.310.220.4-0.230.220.830.530.470.750.18-0.490.90.68-0.470.880.390.530.53
-0.34-0.54-0.61-0.65-0.21-0.11-0.560.390.330.060.20.33-0.5-0.63-0.05-0.620.25-0.3-0.4-0.11-0.47-0.51-0.59-0.65-0.65
0.770.510.790.750.740.450.470.07-0.070.25-0.51-0.070.710.70.170.74-0.11-0.320.720.450.88-0.510.520.660.66
0.450.870.230.450.290.390.93-0.31-0.640.38-0.45-0.640.090.720.330.56-0.370.210.530.390.39-0.590.520.850.84
0.510.770.50.820.310.340.8-0.31-0.50.25-0.66-0.50.290.820.260.86-0.240.020.60.340.53-0.650.660.851.0
0.510.760.50.820.310.340.8-0.31-0.50.25-0.66-0.50.290.820.260.86-0.240.020.60.340.53-0.650.660.841.0
Click cells to compare fundamentals

Twin Disc Account Relationship Matchups

Twin Disc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets294.1M275.4M276.5M289.2M332.6M226.6M
Short Long Term Debt Total56.1M45.0M47.1M29.4M33.9M28.2M
Other Current Liab24.8M32.4M33.4M38.6M44.4M30.2M
Total Current Liabilities66.7M78.6M81.1M100.1M115.1M120.9M
Total Stockholder Equity139.4M130.2M130.8M145.1M166.9M108.5M
Property Plant And Equipment Net72.7M60.2M54.3M51.8M59.6M51.0M
Net Debt45.4M32.6M34.6M16.2M18.6M16.6M
Retained Earnings156.7M135.8M135.0M120.3M138.3M129.9M
Cash10.7M12.3M12.5M13.3M15.3M11.6M
Non Current Assets Total120.1M83.4M72.1M69.5M79.9M85.1M
Non Currrent Assets Other4.0M3.3M2.5M2.6M2.4M2.2M
Cash And Short Term Investments10.7M12.3M12.5M13.3M15.3M11.6M
Net Receivables30.7M39.5M45.5M54.8M63.0M41.5M
Common Stock Shares Outstanding13.2M13.2M13.4M13.8M15.9M12.9M
Liabilities And Stockholders Equity294.1M275.4M276.5M289.2M332.6M226.6M
Non Current Liabilities Total87.4M66.2M64.3M43.6M50.1M60.2M
Inventory120.6M115.0M127.1M131.9M151.7M159.3M
Other Current Assets6.7M9.9M8.6M8.3M9.6M8.2M
Other Stockholder Equity(18.8M)(15.1M)(14.7M)(12.5M)(11.2M)(10.7M)
Total Liab154.2M144.8M145.3M143.7M165.2M117.8M
Property Plant And Equipment Gross72.7M60.2M54.3M51.8M59.6M51.0M
Total Current Assets174.0M192.0M204.5M219.7M252.7M141.5M
Accumulated Other Comprehensive Income(41.2M)(31.4M)(32.1M)(5.6M)(6.4M)(6.7M)
Short Term Debt4.8M2M4.7M2.0M1.8M1.7M
Accounts Payable25.7M31.0M28.5M36.5M42.0M21.7M
Intangible Assets19.0M17.5M13.0M12.6M14.5M10.2M
Common Stock Total Equity45.0M42.8M41.0M42.6M48.9M51.4M
Common Stock42.8M41.0M42.6M42.9M49.3M51.7M
Other Liab35.0M23.2M19.1M11.8M10.6M10.1M
Other Assets28.4M5.8M4.8M4.9M4.4M4.2M
Long Term Debt37.9M30.1M34.5M16.6M15.0M20.2M
Treasury Stock(21.3M)(18.8M)(15.1M)(14.7M)(13.2M)(13.9M)
Property Plant Equipment72.7M60.2M54.3M51.8M59.6M58.0M
Net Tangible Assets120.4M112.7M117.8M132.5M119.2M99.1M
Current Deferred Revenue11.5M13.1M17.2M22.9M26.4M27.7M
Noncontrolling Interest In Consolidated Entity602K569K450K412K370.8K531.4K
Retained Earnings Total Equity196.5M156.7M126.9M135.0M121.5M136.9M

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When determining whether Twin Disc rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Twin Disc's 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 Twin Disc Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Twin Disc Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Twin Disc'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 Twin Disc. If investors know Twin 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 Twin Disc 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
(0.48)
Dividend Share
0.04
Earnings Share
0.71
Revenue Per Share
21.691
Quarterly Revenue Growth
0.152
The market value of Twin Disc rporated is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc'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 Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc'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 Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc'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.