Tri Other Liab vs Net Tangible Assets Analysis

TY Stock  USD 31.03  0.08  0.26%   
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 Other Liab and its Net Tangible Assets 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tri Continental Closed Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tri Continental's Other Liab and Net Tangible Assets is 0.1. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets 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 Other Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Tri Continental Closed are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Tri Continental's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Liab

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.
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 closely tied 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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