Triumph Common Stock Shares Outstanding vs Accounts Payable Analysis
TFIN Stock | 108.38 0.44 0.40% |
Triumph Financial financial indicator trend analysis is much more than just breaking down Triumph Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Financial is a good investment. Please check the relationship between Triumph Financial Common Stock Shares Outstanding and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Financial Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Triumph Financial's Common Stock Shares Outstanding and Accounts Payable is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Triumph Financial, assuming nothing else is changed. The correlation between historical values of Triumph Financial's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Triumph Financial are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Triumph Financial's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Accounts Payable
An accounting item on the balance sheet that represents Triumph Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Triumph Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Triumph Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Financial 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 Triumph Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.At this time, Triumph Financial's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.52, while Selling General Administrative is likely to drop about 119.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 18.4M | 18.7M | 43.1M | 24.3M | Depreciation And Amortization | 22.9M | 25.2M | 25.3M | 26.5M |
Triumph Financial fundamental ratios Correlations
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Triumph Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triumph Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.1B | 5.9B | 6.0B | 5.3B | 5.3B | 3.9B | |
Short Long Term Debt Total | 556.9M | 424.4M | 354.7M | 179.0M | 405.4M | 307.3M | |
Total Stockholder Equity | 636.6M | 726.8M | 858.9M | 889.0M | 864.4M | 549.0M | |
Property Plant And Equipment Net | 96.6M | 103.4M | 105.7M | 103.3M | 113.5M | 71.9M | |
Net Debt | 359.0M | 110.0M | (28.5M) | (229.2M) | 118.8M | 83.5M | |
Retained Earnings | 229.0M | 289.6M | 399.4M | 498.5M | 536.3M | 563.1M | |
Cash | 197.9M | 314.4M | 383.2M | 408.2M | 286.6M | 223.8M | |
Non Current Assets Total | 549.6M | 529.4M | 575.5M | 632.9M | 686.7M | 469.2M | |
Cash And Short Term Investments | 446.7M | 538.7M | 565.6M | 662.7M | 392.7M | 447.2M | |
Short Term Investments | 248.8M | 224.3M | 182.4M | 254.5M | 299.6M | 241.1M | |
Liabilities And Stockholders Equity | 5.1B | 5.9B | 6.0B | 5.3B | 5.3B | 3.9B | |
Non Current Liabilities Total | 556.9M | 424.4M | 354.7M | 4.4B | 4.5B | 4.7B | |
Other Current Assets | 221.2M | 335.3M | 399.0M | 430.1M | 321.1M | 305.1M | |
Other Stockholder Equity | 406.2M | 386.1M | 406.2M | 352.1M | 285.7M | 302.1M | |
Total Liab | 556.9M | 424.4M | 354.7M | 4.4B | 4.5B | 4.7B | |
Total Current Assets | 446.7M | 538.7M | 565.6M | 662.7M | 392.7M | 373.1M | |
Accumulated Other Comprehensive Income | 1.1M | 5.8M | 8.0M | (6.9M) | (2.9M) | (2.8M) | |
Common Stock | 271K | 272K | 280K | 283K | 290K | 236.0K | |
Intangible Assets | 31.5M | 26.7M | 43.1M | 32.1M | 23.6M | 27.5M | |
Non Currrent Assets Other | (3.8M) | (6.4M) | (10.0M) | (16.5M) | 8.8M | 9.2M | |
Total Current Liabilities | 1.2B | 1.4B | 2.1B | 1.8B | 1.6B | 1.5B | |
Other Liab | 53.8M | 45.7M | 58.1M | 60.1M | 69.2M | 59.0M | |
Net Tangible Assets | 446.3M | 491.9M | 537.0M | 578.2M | 664.9M | 547.9M | |
Accounts Payable | 3.8B | 4.7B | 4.6B | 4.2B | 4.8B | 4.6B | |
Other Assets | 4.1B | 4.9B | 4.8B | 4.0B | 4.3B | 4.7B | |
Long Term Debt | 556.9M | 424.4M | 354.7M | 149.0M | 405.4M | 307.8M | |
Inventory | 3.5M | 2.5M | 2.9M | 1.3M | 1.2M | 2.0M | |
Net Invested Capital | 1.2B | 1.1B | 1.2B | 1.0B | 1.2B | 1.2B | |
Long Term Investments | 262.7M | 236.1M | 192.9M | 5.6M | 307.1M | 180.6M | |
Property Plant Equipment | 117.7M | 121.5M | 138.6M | 103.3M | 118.8M | 124.2M |
Pair Trading with Triumph Financial
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 Triumph Financial 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 Triumph Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Triumph Stock
Moving against Triumph Stock
0.7 | CFG-PE | Citizens Financial | PairCorr |
0.66 | TFC-PO | Truist Financial | PairCorr |
0.65 | TFC-PR | Truist Financial | PairCorr |
0.34 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Triumph Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triumph Financial 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 Triumph Financial - 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 Triumph Financial to buy it.
The correlation of Triumph Financial 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 Triumph Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triumph Financial 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 Triumph Financial 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Regional Banks 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 Triumph Financial. If investors know Triumph 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 Triumph Financial 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 (0.63) | Earnings Share 0.8 | Revenue Per Share 17.123 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0038 |
The market value of Triumph Financial is measured differently than its book value, which is the value of Triumph that is recorded on the company's balance sheet. Investors also form their own opinion of Triumph Financial's value that differs from its market value or its book value, called intrinsic value, which is Triumph Financial'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 Triumph Financial's market value can be influenced by many factors that don't directly affect Triumph Financial'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 Triumph Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triumph Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triumph Financial'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.