Tri Net Tangible Assets vs Total Stockholder Equity Analysis

TY Stock  USD 30.76  0.03  0.1%   
Tri Continental financial indicator trend analysis is much more than just breaking down Tri Continental Closed prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tri Continental Closed is a good investment. Please check the relationship between Tri Continental Net Tangible Assets and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tri Continental Closed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tri Continental Closed Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tri Continental's Net Tangible Assets and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Tri Continental Closed, assuming nothing else is changed. The correlation between historical values of Tri Continental's Net Tangible Assets and Total Stockholder Equity 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 Tangible Assets of Tri Continental Closed are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Tri Continental's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Tri Continental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tri Continental Closed 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 Tri Continental Closed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Tri Continental's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 7.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 392.1 K in 2024.

Tri Continental fundamental ratios Correlations

0.21-0.371.0-0.830.870.851.0-1.00.050.85-0.130.560.640.54-0.360.340.620.9-0.18-0.08-0.870.90.850.86-0.08
0.21-0.030.2-0.230.030.220.21-0.2-0.190.22-0.510.290.220.28-0.03-0.360.280.28-0.66-0.63-0.210.250.220.210.26
-0.37-0.03-0.430.1-0.57-0.12-0.370.38-0.11-0.12-0.30.120.080.211.0-0.350.1-0.16-0.07-0.120.14-0.18-0.12-0.130.37
1.00.2-0.43-0.820.890.841.0-0.990.050.84-0.110.550.620.52-0.410.350.60.89-0.17-0.07-0.850.890.840.85-0.1
-0.83-0.230.1-0.82-0.49-1.0-0.830.810.14-1.00.25-0.9-0.91-0.830.08-0.32-0.93-0.870.070.020.99-0.78-0.99-0.99-0.34
0.870.03-0.570.89-0.490.520.87-0.880.260.530.120.110.260.14-0.570.380.180.63-0.13-0.01-0.560.680.530.56-0.46
0.850.22-0.120.84-1.00.520.85-0.84-0.11.0-0.250.880.90.83-0.10.320.920.88-0.09-0.03-1.00.791.00.990.32
1.00.21-0.371.0-0.830.870.85-1.00.050.85-0.140.560.640.55-0.360.330.620.9-0.19-0.09-0.870.90.850.86-0.09
-1.0-0.20.38-0.990.81-0.88-0.84-1.0-0.12-0.840.12-0.53-0.65-0.550.36-0.33-0.6-0.880.190.080.86-0.87-0.84-0.860.1
0.05-0.19-0.110.050.140.26-0.10.05-0.12-0.090.41-0.41-0.01-0.06-0.110.28-0.29-0.290.010.120.04-0.17-0.07-0.01-0.17
0.850.22-0.120.84-1.00.531.00.85-0.84-0.09-0.250.880.90.83-0.10.320.920.88-0.09-0.03-1.00.791.00.990.31
-0.13-0.51-0.3-0.110.250.12-0.25-0.140.120.41-0.25-0.34-0.21-0.55-0.30.83-0.32-0.440.780.80.23-0.39-0.23-0.22-0.07
0.560.290.120.55-0.90.110.880.56-0.53-0.410.88-0.340.880.810.140.190.990.760.020.02-0.840.630.870.840.62
0.640.220.080.62-0.910.260.90.64-0.65-0.010.9-0.210.880.880.10.280.920.70.020.1-0.890.550.910.90.56
0.540.280.210.52-0.830.140.830.55-0.55-0.060.83-0.550.810.880.22-0.090.850.69-0.3-0.25-0.820.580.830.830.45
-0.36-0.031.0-0.410.08-0.57-0.1-0.360.36-0.11-0.1-0.30.140.10.22-0.340.12-0.14-0.06-0.120.12-0.17-0.1-0.110.37
0.34-0.36-0.350.35-0.320.380.320.33-0.330.280.320.830.190.28-0.09-0.340.230.080.730.76-0.330.080.330.330.14
0.620.280.10.6-0.930.180.920.62-0.6-0.290.92-0.320.990.920.850.120.230.780.010.02-0.890.670.910.890.62
0.90.28-0.160.89-0.870.630.880.9-0.88-0.290.88-0.440.760.70.69-0.140.080.78-0.26-0.21-0.870.960.870.860.1
-0.18-0.66-0.07-0.170.07-0.13-0.09-0.190.190.01-0.090.780.020.02-0.3-0.060.730.01-0.260.980.11-0.3-0.09-0.10.25
-0.08-0.63-0.12-0.070.02-0.01-0.03-0.090.080.12-0.030.80.020.1-0.25-0.120.760.02-0.210.980.04-0.26-0.03-0.030.2
-0.87-0.210.14-0.850.99-0.56-1.0-0.870.860.04-1.00.23-0.84-0.89-0.820.12-0.33-0.89-0.870.110.04-0.79-1.0-1.0-0.27
0.90.25-0.180.89-0.780.680.790.9-0.87-0.170.79-0.390.630.550.58-0.170.080.670.96-0.3-0.26-0.790.780.780.02
0.850.22-0.120.84-0.990.531.00.85-0.84-0.071.0-0.230.870.910.83-0.10.330.910.87-0.09-0.03-1.00.781.00.32
0.860.21-0.130.85-0.990.560.990.86-0.86-0.010.99-0.220.840.90.83-0.110.330.890.86-0.1-0.03-1.00.781.00.3
-0.080.260.37-0.1-0.34-0.460.32-0.090.1-0.170.31-0.070.620.560.450.370.140.620.10.250.2-0.270.020.320.3
Click cells to compare fundamentals

Tri Continental Account Relationship Matchups

Tri Continental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.0B1.6B1.8B1.7B
Other Current Liab(2.2M)(1.1M)(2.1M)(1.2M)(4.0M)(3.8M)
Total Current Liabilities2.2M1.1M2.1M1.2M4.0M3.8M
Total Stockholder Equity1.7B1.8B2.0B1.6B1.7B1.7B
Retained Earnings197.6M307.6M499.2M85.5M269.9M283.4M
Non Current Assets Total1.7B1.8B2.0B1.6B1.7B1.7B
Non Currrent Assets Other(1.7B)(1.8B)(2.0B)(1.6B)(1.7B)(1.8B)
Other Assets149.3K133.2K130.4K216.0K1.8B1.8B
Net Receivables8.9M9.9M8.3M9.7M17.9M16.2M
Common Stock Total Equity27.4M26.9M26.8M26.2M23.6M22.4M
Common Stock Shares Outstanding53.6M52.5M54.7M54.2M52.9M66.9M
Liabilities And Stockholders Equity1.7B1.8B2.0B1.6B1.8B1.7B
Other Stockholder Equity1.4B1.4B1.5B1.5B1.4B1.5B
Total Liab2.2M1.1M2.1M1.8M4.4M4.2M
Total Current Assets8.9M10.1M8.3M9.7M18.0M14.0M
Common Stock26.8M26.2M27.3M27.1M26.2M24.9M
Net Tangible Assets1.7B1.7B2.0B1.6B1.4B1.4B
Accounts Payable2.2M1.1M2.1M1.2M4.0M3.8M
Non Current Liabilities Total3.3M2.0M3.0M1.2M4.4M6.2M
Other Current Assets(8.9M)(10.1M)(8.3M)(9.8M)(17.9M)(18.8M)
Long Term Investments1.7B1.8B2.0B1.6B1.7B1.4B
Other Liab77.7K11.8K86.0K189.6K170.6K120.9K
Capital Surpluse1.4B1.4B1.4B1.5B1.3B1.2B
Capital Stock64.5M63.9M65.0M64.8M63.8M51.5M

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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 Tri Continental Closed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tri Continental'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 Tri Continental Closed Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tri Continental Closed Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tri Continental Closed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
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 Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.
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Is Tri Continental'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 Tri Continental. If investors know Tri 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 Tri Continental 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
3.8
Dividend Share
1.114
Earnings Share
4.78
Revenue Per Share
1.281
Quarterly Revenue Growth
0.011
The market value of Tri Continental Closed is measured differently than its book value, which is the value of Tri that is recorded on the company's balance sheet. Investors also form their own opinion of Tri Continental's value that differs from its market value or its book value, called intrinsic value, which is Tri Continental'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 Tri Continental's market value can be influenced by many factors that don't directly affect Tri Continental'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 Tri Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tri Continental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tri Continental'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.