Traeger Non Current Assets Total vs Cash And Short Term Investments Analysis

COOK Stock  USD 3.05  0.03  0.97%   
Traeger financial indicator trend analysis is much more than just breaking down Traeger prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Traeger is a good investment. Please check the relationship between Traeger Non Current Assets Total and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Traeger Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Traeger's Non Current Assets Total and Cash And Short Term Investments is -0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Traeger, assuming nothing else is changed. The correlation between historical values of Traeger's Non Current Assets Total and Cash And Short Term Investments 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 Traeger are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Traeger's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Traeger balance sheet. This account contains Traeger investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Traeger fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Traeger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Traeger 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 Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.At this time, Traeger's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 121.24 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.14.
 2021 2022 2023 2024 (projected)
Interest Expense26.6M27.9M31.3M25.5M
Depreciation And Amortization47.5M56.5M57.8M53.1M

Traeger fundamental ratios Correlations

-0.670.330.330.860.24-0.36-0.05-0.820.410.36-0.090.64-0.3-0.380.08-0.090.490.57-0.81-0.63-0.540.3-0.07-0.03-0.01
-0.670.210.2-0.790.310.770.470.85-0.780.180.66-0.870.440.77-0.20.66-0.1-0.870.810.950.710.410.720.530.64
0.330.210.980.040.90.710.85-0.25-0.660.970.76-0.460.730.71-0.680.760.92-0.50.260.010.590.930.670.860.88
0.330.20.980.020.950.730.88-0.26-0.691.00.77-0.470.760.72-0.70.770.9-0.520.26-0.020.620.930.660.90.88
0.86-0.790.040.02-0.17-0.66-0.44-0.680.70.06-0.520.85-0.41-0.660.0-0.520.340.83-0.78-0.71-0.71-0.06-0.49-0.41-0.33
0.240.310.90.95-0.170.790.94-0.19-0.780.940.87-0.560.710.79-0.530.870.72-0.630.260.10.660.920.760.960.89
-0.360.770.710.73-0.660.790.920.37-0.990.70.93-0.940.831.0-0.540.930.44-0.960.760.570.940.760.860.930.92
-0.050.470.850.88-0.440.940.92-0.02-0.910.850.93-0.770.820.92-0.540.930.63-0.810.510.240.830.840.810.990.89
-0.820.85-0.25-0.26-0.68-0.190.37-0.02-0.39-0.270.18-0.580.140.38-0.040.18-0.44-0.550.730.90.41-0.070.270.040.2
0.41-0.78-0.66-0.690.7-0.78-0.99-0.91-0.39-0.66-0.910.95-0.83-0.990.52-0.91-0.380.97-0.78-0.57-0.95-0.71-0.83-0.92-0.88
0.360.180.971.00.060.940.70.85-0.27-0.660.73-0.420.740.7-0.710.730.9-0.480.23-0.030.590.920.630.880.87
-0.090.660.760.77-0.520.870.930.930.18-0.910.73-0.810.630.91-0.321.00.45-0.860.490.510.750.870.970.940.92
0.64-0.87-0.46-0.470.85-0.56-0.94-0.77-0.580.95-0.42-0.81-0.75-0.940.41-0.81-0.170.99-0.89-0.71-0.94-0.52-0.76-0.76-0.75
-0.30.440.730.76-0.410.710.830.820.14-0.830.740.63-0.750.85-0.870.630.65-0.740.750.160.930.590.470.810.75
-0.380.770.710.72-0.660.791.00.920.38-0.990.70.91-0.940.85-0.570.910.45-0.960.780.560.950.750.830.930.91
0.08-0.2-0.68-0.70.0-0.53-0.54-0.54-0.040.52-0.71-0.320.41-0.87-0.57-0.32-0.760.39-0.560.04-0.67-0.49-0.17-0.56-0.6
-0.090.660.760.77-0.520.870.930.930.18-0.910.731.0-0.810.630.91-0.320.45-0.860.490.510.750.870.970.940.92
0.49-0.10.920.90.340.720.440.63-0.44-0.380.90.45-0.170.650.45-0.760.45-0.190.09-0.290.390.750.350.630.65
0.57-0.87-0.5-0.520.83-0.63-0.96-0.81-0.550.97-0.48-0.860.99-0.74-0.960.39-0.86-0.19-0.84-0.7-0.93-0.58-0.81-0.81-0.79
-0.810.810.260.26-0.780.260.760.510.73-0.780.230.49-0.890.750.78-0.560.490.09-0.840.660.890.240.430.510.54
-0.630.950.01-0.02-0.710.10.570.240.9-0.57-0.030.51-0.710.160.560.040.51-0.29-0.70.660.470.260.630.310.47
-0.540.710.590.62-0.710.660.940.830.41-0.950.590.75-0.940.930.95-0.670.750.39-0.930.890.470.560.630.830.78
0.30.410.930.93-0.060.920.760.84-0.07-0.710.920.87-0.520.590.75-0.490.870.75-0.580.240.260.560.850.890.95
-0.070.720.670.66-0.490.760.860.810.27-0.830.630.97-0.760.470.83-0.170.970.35-0.810.430.630.630.850.840.88
-0.030.530.860.9-0.410.960.930.990.04-0.920.880.94-0.760.810.93-0.560.940.63-0.810.510.310.830.890.840.94
-0.010.640.880.88-0.330.890.920.890.2-0.880.870.92-0.750.750.91-0.60.920.65-0.790.540.470.780.950.880.94
Click cells to compare fundamentals

Traeger Account Relationship Matchups

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When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Apparel, Accessories & Luxury Goods space 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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
4.737
Quarterly Revenue Growth
0.037
Return On Assets
(0.01)
Return On Equity
(0.17)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.