Target Non Current Assets Total vs Net Debt Analysis

0LD8 Stock   136.62  0.83  0.61%   
Target Corp financial indicator trend analysis is much more than just breaking down Target Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Corp is a good investment. Please check the relationship between Target Corp Non Current Assets Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Target Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Corp Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Target Corp's Non Current Assets Total and Net Debt is 0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Target Corp, assuming nothing else is changed. The correlation between historical values of Target Corp's Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Target Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Target Corp's Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Target Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Target Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Target Corp's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 9.2 M in 2024, whereas Tax Provision is likely to drop slightly above 838.6 M in 2024.
 2014 2020 2023 2024 (projected)
Total Revenue78.1B107.4B123.5B129.7B
Depreciation And Amortization2.6B2.8B3.2B3.4B

Target Corp fundamental ratios Correlations

0.740.840.70.780.740.590.320.750.740.360.54-0.24-0.880.70.70.00.560.70.940.240.81-0.84-0.190.4-0.26
0.740.980.980.50.960.950.170.590.950.080.840.38-0.710.980.98-0.190.840.980.840.750.87-0.76-0.350.61-0.5
0.840.980.950.540.920.880.130.720.920.220.840.19-0.820.950.95-0.240.840.950.920.610.94-0.85-0.270.65-0.41
0.70.980.950.410.950.920.070.610.940.160.90.39-0.731.01.0-0.30.931.00.830.710.89-0.79-0.220.72-0.4
0.780.50.540.410.650.510.830.190.660.150.05-0.2-0.570.440.430.580.160.430.550.260.42-0.46-0.24-0.1-0.21
0.740.960.920.950.650.960.380.441.00.10.720.36-0.690.960.960.010.790.950.770.750.8-0.71-0.290.51-0.43
0.590.950.880.920.510.960.350.320.96-0.110.70.56-0.510.940.930.020.730.930.660.890.7-0.56-0.450.43-0.59
0.320.170.130.070.830.380.35-0.380.39-0.26-0.370.06-0.030.120.10.92-0.250.090.060.33-0.090.08-0.39-0.55-0.3
0.750.590.720.610.190.440.32-0.380.430.570.76-0.32-0.860.570.58-0.640.690.590.86-0.020.86-0.880.120.76-0.01
0.740.950.920.940.661.00.960.390.430.10.710.35-0.690.950.950.020.780.950.770.750.8-0.71-0.290.5-0.42
0.360.080.220.160.150.1-0.11-0.260.570.10.31-0.72-0.70.090.13-0.430.40.120.32-0.520.53-0.680.840.590.78
0.540.840.840.90.050.720.7-0.370.760.710.310.29-0.70.880.89-0.680.970.890.770.490.89-0.8-0.010.92-0.21
-0.240.380.190.39-0.20.360.560.06-0.320.35-0.720.290.350.430.410.020.250.41-0.060.86-0.050.25-0.610.03-0.69
-0.88-0.71-0.82-0.73-0.57-0.69-0.51-0.03-0.86-0.69-0.7-0.70.35-0.69-0.710.33-0.75-0.71-0.88-0.08-0.940.99-0.23-0.71-0.11
0.70.980.951.00.440.960.940.120.570.950.090.880.43-0.691.0-0.250.891.00.820.760.86-0.75-0.30.67-0.47
0.70.980.951.00.430.960.930.10.580.950.130.890.41-0.711.0-0.270.911.00.820.730.87-0.77-0.250.7-0.42
0.0-0.19-0.24-0.30.580.010.020.92-0.640.02-0.43-0.680.020.33-0.25-0.27-0.6-0.27-0.290.13-0.460.44-0.39-0.83-0.24
0.560.840.840.930.160.790.73-0.250.690.780.40.970.25-0.750.890.91-0.60.910.750.490.9-0.840.10.93-0.1
0.70.980.951.00.430.950.930.090.590.950.120.890.41-0.711.01.0-0.270.910.820.740.87-0.77-0.260.7-0.43
0.940.840.920.830.550.770.660.060.860.770.320.77-0.06-0.880.820.82-0.290.750.820.350.91-0.89-0.210.62-0.34
0.240.750.610.710.260.750.890.33-0.020.75-0.520.490.86-0.080.760.730.130.490.740.350.35-0.15-0.670.17-0.78
0.810.870.940.890.420.80.7-0.090.860.80.530.89-0.05-0.940.860.87-0.460.90.870.910.35-0.970.060.83-0.1
-0.84-0.76-0.85-0.79-0.46-0.71-0.560.08-0.88-0.71-0.68-0.80.250.99-0.75-0.770.44-0.84-0.77-0.89-0.15-0.97-0.22-0.81-0.08
-0.19-0.35-0.27-0.22-0.24-0.29-0.45-0.390.12-0.290.84-0.01-0.61-0.23-0.3-0.25-0.390.1-0.26-0.21-0.670.06-0.220.370.98
0.40.610.650.72-0.10.510.43-0.550.760.50.590.920.03-0.710.670.7-0.830.930.70.620.170.83-0.810.370.17
-0.26-0.5-0.41-0.4-0.21-0.43-0.59-0.3-0.01-0.420.78-0.21-0.69-0.11-0.47-0.42-0.24-0.1-0.43-0.34-0.78-0.1-0.080.980.17
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Target Corp Account Relationship Matchups

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