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 Direction | Positive |
Relationship Strength | Strong |
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
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Tri Continental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tri Continental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 2.0B | 1.6B | 1.8B | 1.7B | |
Other Current Liab | (2.2M) | (1.1M) | (2.1M) | (1.2M) | (4.0M) | (3.8M) | |
Total Current Liabilities | 2.2M | 1.1M | 2.1M | 1.2M | 4.0M | 3.8M | |
Total Stockholder Equity | 1.7B | 1.8B | 2.0B | 1.6B | 1.7B | 1.7B | |
Retained Earnings | 197.6M | 307.6M | 499.2M | 85.5M | 269.9M | 283.4M | |
Non Current Assets Total | 1.7B | 1.8B | 2.0B | 1.6B | 1.7B | 1.7B | |
Non Currrent Assets Other | (1.7B) | (1.8B) | (2.0B) | (1.6B) | (1.7B) | (1.8B) | |
Other Assets | 149.3K | 133.2K | 130.4K | 216.0K | 1.8B | 1.8B | |
Net Receivables | 8.9M | 9.9M | 8.3M | 9.7M | 17.9M | 16.2M | |
Common Stock Total Equity | 27.4M | 26.9M | 26.8M | 26.2M | 23.6M | 22.4M | |
Common Stock Shares Outstanding | 53.6M | 52.5M | 54.7M | 54.2M | 52.9M | 66.9M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.0B | 1.6B | 1.8B | 1.7B | |
Other Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.5B | 1.4B | 1.5B | |
Total Liab | 2.2M | 1.1M | 2.1M | 1.8M | 4.4M | 4.2M | |
Total Current Assets | 8.9M | 10.1M | 8.3M | 9.7M | 18.0M | 14.0M | |
Common Stock | 26.8M | 26.2M | 27.3M | 27.1M | 26.2M | 24.9M | |
Net Tangible Assets | 1.7B | 1.7B | 2.0B | 1.6B | 1.4B | 1.4B | |
Accounts Payable | 2.2M | 1.1M | 2.1M | 1.2M | 4.0M | 3.8M | |
Non Current Liabilities Total | 3.3M | 2.0M | 3.0M | 1.2M | 4.4M | 6.2M | |
Other Current Assets | (8.9M) | (10.1M) | (8.3M) | (9.8M) | (17.9M) | (18.8M) | |
Long Term Investments | 1.7B | 1.8B | 2.0B | 1.6B | 1.7B | 1.4B | |
Other Liab | 77.7K | 11.8K | 86.0K | 189.6K | 170.6K | 120.9K | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.5B | 1.3B | 1.2B | |
Capital Stock | 64.5M | 63.9M | 65.0M | 64.8M | 63.8M | 51.5M |
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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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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.