Tredegar Non Current Liabilities Total vs Total Liab Analysis
TG Stock | USD 7.17 0.04 0.56% |
Tredegar financial indicator trend analysis is much more than just breaking down Tredegar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tredegar is a good investment. Please check the relationship between Tredegar Non Current Liabilities Total and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
Non Current Liabilities Total vs Total Liab
Non Current Liabilities Total vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tredegar Non Current Liabilities Total account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tredegar's Non Current Liabilities Total and Total Liab is 0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Tredegar, assuming nothing else is changed. The correlation between historical values of Tredegar's Non Current Liabilities Total and Total Liab 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 Liabilities Total of Tredegar are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Liabilities Total i.e., Tredegar's Non Current Liabilities Total and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Tredegar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tredegar 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 Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.The Tredegar's current Discontinued Operations is estimated to increase to about 69.9 K, while Selling General Administrative is projected to decrease to roughly 84.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 148.5M | 139.5M | 78.8M | 154.8M | Total Revenue | 826.5M | 938.6M | 704.8M | 848.2M |
Tredegar fundamental ratios Correlations
Click cells to compare fundamentals
Tredegar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tredegar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 712.7M | 514.9M | 523.6M | 542.1M | 446.5M | 660.8M | |
Other Current Liab | 2.2M | 48.3M | 31.1M | 29.6M | 24.4M | 27.3M | |
Total Current Liabilities | 152.5M | 140.8M | 168.5M | 149.7M | 249.1M | 261.6M | |
Total Stockholder Equity | 376.7M | 109.1M | 184.7M | 201.8M | 155.7M | 147.9M | |
Property Plant And Equipment Net | 262.1M | 182.6M | 184.2M | 200.4M | 195.3M | 240.1M | |
Net Debt | 31.3M | 139.2M | 57.5M | 132.5M | 149.7M | 75.4M | |
Cash | 31.4M | 11.8M | 30.5M | 19.2M | 9.7M | 9.2M | |
Non Current Assets Total | 479.5M | 326.4M | 287.2M | 299.5M | 269.8M | 435.7M | |
Non Currrent Assets Other | 4.7M | 3.7M | 2.5M | 2.8M | 3.9M | 3.7M | |
Cash And Short Term Investments | 31.4M | 11.8M | 30.5M | 19.2M | 9.7M | 9.2M | |
Net Receivables | 111.7M | 89.1M | 105.9M | 85.3M | 69.1M | 105.8M | |
Common Stock Shares Outstanding | 33.3M | 33.4M | 33.7M | 33.8M | 34.1M | 30.6M | |
Liabilities And Stockholders Equity | 712.7M | 514.9M | 523.6M | 542.1M | 446.5M | 660.8M | |
Non Current Liabilities Total | 183.5M | 265.1M | 170.3M | 190.6M | 41.7M | 39.6M | |
Inventory | 81.4M | 66.4M | 88.6M | 127.8M | 82.0M | 60.3M | |
Other Current Assets | 8.7M | 21.0M | 11.5M | 10.3M | 15.9M | 11.5M | |
Other Stockholder Equity | (1.6M) | (2.1M) | (2.1M) | (2.2M) | (2.2M) | (2.1M) | |
Total Liab | 335.9M | 405.8M | 338.9M | 340.3M | 290.8M | 306.9M | |
Property Plant And Equipment Gross | 262.1M | 182.6M | 498.3M | 186.4M | 552.9M | 580.5M | |
Total Current Assets | 233.2M | 188.4M | 236.4M | 242.6M | 176.7M | 225.1M | |
Accumulated Other Comprehensive Income | (197.7M) | (178.4M) | (149.5M) | (147.6M) | (81.7M) | (85.8M) | |
Intangible Assets | 22.6M | 18.8M | 14.2M | 11.7M | 9.9M | 9.4M | |
Short Long Term Debt Total | 62.7M | 151.0M | 88.0M | 151.8M | 159.4M | 121.7M | |
Retained Earnings | 530.5M | 239.5M | 281.2M | 292.7M | 178.0M | 325.3M | |
Accounts Payable | 103.7M | 89.7M | 123.8M | 114.9M | 95.0M | 69.1M | |
Common Stock Total Equity | 45.5M | 50.1M | 55.2M | 58.8M | 52.9M | 44.8M | |
Common Stock | 45.5M | 50.1M | 55.2M | 58.8M | 61.6M | 35.9M | |
Other Liab | 123.8M | 116.1M | 84.5M | 40.9M | 47.0M | 63.7M | |
Other Assets | 17.9M | 22.7M | 18.2M | 16.8M | 15.1M | 14.3M | |
Long Term Debt | 42M | 134M | 73M | 137M | 20M | 19M | |
Property Plant Equipment | 242.9M | 182.6M | 170.4M | 186.4M | 167.8M | 201.3M | |
Short Term Debt | 3.0M | 2.1M | 4.3M | 4.1M | 128.4M | 134.9M | |
Net Tangible Assets | 376.7M | 22.5M | 100.0M | 201.8M | 232.0M | 186.2M | |
Retained Earnings Total Equity | 530.5M | 239.5M | 281.2M | 292.7M | 263.4M | 342.8M | |
Long Term Debt Total | 42M | 134M | 73M | 137M | 123.3M | 91.2M | |
Deferred Long Term Liab | 29.0M | 11.0M | 34.9M | 31.2M | 28.1M | 28.3M | |
Treasury Stock | (1.6M) | (1.6M) | (2.1M) | (2.1M) | (1.9M) | (1.8M) | |
Non Current Liabilities Other | 130.4M | 5.5M | 84.5M | 5.8M | 4.1M | 3.9M |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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 (0.83) | Earnings Share (0.80) | Revenue Per Share 20.887 | Quarterly Revenue Growth 0.095 | Return On Assets 0.0281 |
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.