Tucows Total Revenue vs Property Plant Equipment Analysis

TC Stock  CAD 26.11  1.96  8.12%   
Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Total Revenue and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Revenue vs Property Plant Equipment

Total Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Total Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tucows' Total Revenue and Property Plant Equipment is 0.67. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Total Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Tucows Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., Tucows' Total Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Tucows Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Property Plant Equipment

Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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 Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Tucows' Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value is likely to grow to about 564.9 M, though Tax Provision is likely to grow to (6.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit78.3M78.2M108.9M114.3M
Total Revenue304.3M321.1M339.3M356.3M

Tucows fundamental ratios Correlations

0.820.920.230.960.950.160.920.771.00.880.770.970.240.88-0.530.990.950.970.930.970.08-0.360.91-0.140.82
0.820.850.260.750.740.250.830.550.810.790.550.850.210.83-0.630.80.750.830.720.750.39-0.390.82-0.160.65
0.920.850.420.780.780.410.870.560.90.960.560.940.380.99-0.750.880.770.940.760.80.36-0.550.99-0.330.75
0.230.260.420.07-0.050.970.33-0.420.260.22-0.420.33-0.030.51-0.580.10.070.14-0.11-0.010.13-0.160.440.040.3
0.960.750.780.070.97-0.030.890.820.970.750.820.910.160.73-0.340.971.00.90.960.99-0.1-0.240.77-0.030.8
0.950.740.78-0.050.97-0.130.820.910.940.790.910.860.190.72-0.320.980.970.931.00.99-0.04-0.250.77-0.070.73
0.160.250.410.97-0.03-0.130.27-0.450.180.23-0.450.290.010.5-0.70.03-0.040.11-0.18-0.090.23-0.240.44-0.050.23
0.920.830.870.330.890.820.270.610.930.790.610.960.180.83-0.580.90.90.870.80.860.19-0.340.83-0.10.9
0.770.550.56-0.420.820.91-0.450.610.740.641.00.650.110.47-0.110.840.810.810.930.89-0.02-0.120.56-0.030.57
1.00.810.90.260.970.940.180.930.740.850.740.960.220.87-0.510.980.960.950.920.960.04-0.340.9-0.110.83
0.880.790.960.220.750.790.230.790.640.850.640.880.530.94-0.660.870.730.940.770.80.4-0.650.95-0.480.66
0.770.550.56-0.420.820.91-0.450.611.00.740.640.650.110.47-0.110.840.810.810.930.89-0.02-0.120.56-0.030.57
0.970.850.940.330.910.860.290.960.650.960.880.650.30.91-0.660.940.90.940.840.90.14-0.460.92-0.220.83
0.240.210.38-0.030.160.190.010.180.110.220.530.110.30.37-0.350.250.160.30.180.20.11-0.930.33-0.97-0.08
0.880.830.990.510.730.720.50.830.470.870.940.470.910.37-0.780.830.710.90.690.740.35-0.550.99-0.320.7
-0.53-0.63-0.75-0.58-0.34-0.32-0.7-0.58-0.11-0.51-0.66-0.11-0.66-0.35-0.78-0.46-0.33-0.58-0.29-0.35-0.350.62-0.740.41-0.41
0.990.80.880.10.970.980.030.90.840.980.870.840.940.250.83-0.460.960.980.970.990.06-0.350.87-0.140.8
0.950.750.770.071.00.97-0.040.90.810.960.730.810.90.160.71-0.330.960.890.950.98-0.1-0.230.75-0.030.81
0.970.830.940.140.90.930.110.870.810.950.940.810.940.30.9-0.580.980.890.930.940.21-0.420.93-0.220.76
0.930.720.76-0.110.961.0-0.180.80.930.920.770.930.840.180.69-0.290.970.950.930.99-0.04-0.230.75-0.070.72
0.970.750.8-0.010.990.99-0.090.860.890.960.80.890.90.20.74-0.350.990.980.940.99-0.03-0.270.79-0.080.78
0.080.390.360.13-0.1-0.040.230.19-0.020.040.4-0.020.140.110.35-0.350.06-0.10.21-0.04-0.03-0.240.33-0.230.2
-0.36-0.39-0.55-0.16-0.24-0.25-0.24-0.34-0.12-0.34-0.65-0.12-0.46-0.93-0.550.62-0.35-0.23-0.42-0.23-0.27-0.24-0.50.95-0.09
0.910.820.990.440.770.770.440.830.560.90.950.560.920.330.99-0.740.870.750.930.750.790.33-0.5-0.270.72
-0.14-0.16-0.330.04-0.03-0.07-0.05-0.1-0.03-0.11-0.48-0.03-0.22-0.97-0.320.41-0.14-0.03-0.22-0.07-0.08-0.230.95-0.270.14
0.820.650.750.30.80.730.230.90.570.830.660.570.83-0.080.7-0.410.80.810.760.720.780.2-0.090.720.14
Click cells to compare fundamentals

Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets425.9M451.9M539.6M664.7M798.4M838.3M
Other Current Liab10.3M153.9M160.4M164.1M183.3M192.4M
Total Current Liabilities156.9M163.0M173.7M188.2M201.3M211.4M
Total Stockholder Equity94.2M104.7M115.1M96.7M9.9M9.4M
Property Plant And Equipment Net93.5M128.8M190.2M302.0M367.1M385.5M
Net Debt103.9M124.4M196.6M232.5M475.6M499.4M
Retained Earnings76.2M80.1M83.5M55.9M(40.3M)(38.3M)
Accounts Payable6.7M6.3M10.0M17.2M12.7M13.3M
Cash20.4M8.3M9.1M23.5M92.7M97.3M
Non Current Assets Total280.2M310.7M392.6M494.8M555.7M583.5M
Non Currrent Assets Other19.3M18.0M19.6M20.6M26.7M28.0M
Cash And Short Term Investments20.4M8.3M9.1M23.5M92.7M97.3M
Net Receivables14.6M15.5M18.8M26.0M23.6M24.8M
Common Stock Shares Outstanding10.8M10.7M10.8M10.8M10.9M12.9M
Liabilities And Stockholders Equity425.9M451.9M539.6M664.7M798.4M838.3M
Other Current Assets107.3M115.5M119.3M115.6M119.7M125.6M
Other Stockholder Equity880K1.5M2.8M8.1M14.1M13.4M
Total Liab331.7M347.2M424.5M568.1M788.6M828.0M
Property Plant And Equipment Gross93.5M128.8M244.3M380.0M437.0M458.9M
Total Current Assets145.7M141.2M147.0M169.9M242.8M254.9M
Accumulated Other Comprehensive Income473K2.3M343K784K1.7M1.8M
Short Long Term Debt Total124.3M132.7M205.8M256.0M568.3M596.7M
Non Current Liabilities Total174.8M184.2M250.8M379.9M587.2M616.6M
Short Term Debt1.4M1.9M3.2M4.6M5.4M3.5M
Current Deferred Revenue137.2M142.7M141.1M138.7M159.5M167.5M
Common Stock Total Equity15.4M15.8M16.6M20.8M18.7M13.2M
Inventory3.5M1.9M3.3M7.3M6.8M3.5M
Intangible Assets57.7M47.4M50.4M39.8M29.5M27.8M
Common Stock16.6M20.8M28.5M31.9M34.4M21.1M
Good Will90.1M109.8M116.3M130.4M150.0M157.5M
Other Liab51.9M53.3M48.2M38.1M43.8M41.4M
Net Tangible Assets(73.3M)(59.1M)(65.7M)(73.5M)(66.2M)(69.5M)
Other Assets19.3M18.2M19.6M20.6M23.7M21.0M
Property Plant Equipment93.5M128.8M190.2M302.0M347.3M364.6M
Long Term Debt113.5M121.7M190.7M238.9M274.8M288.5M
Deferred Long Term Liab19.3M18.0M19.3M18.3M16.5M15.3M
Capital Surpluse2.2M4.0M880K1.5M1.3M1.8M
Net Invested Capital207.7M226.4M305.8M335.6M385.9M248.8M

Pair Trading with Tucows

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tucows position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tucows will appreciate offsetting losses from the drop in the long position's value.

Moving against Tucows Stock

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The ability to find closely correlated positions to Tucows could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tucows when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tucows - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tucows Inc to buy it.
The correlation of Tucows is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tucows moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tucows Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tucows can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tucows Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tucows' 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 Tucows Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tucows Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Please note, there is a significant difference between Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' 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.