Target Current Deferred Revenue vs Other Current Assets Analysis

TGAAW Stock  USD 0.09  0  1.10%   
Target Global financial indicator trend analysis is much more than just breaking down Target Global Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Global Acquisition is a good investment. Please check the relationship between Target Global Current Deferred Revenue and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Current Deferred Revenue vs Other Current Assets

Current Deferred Revenue vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Global Acquisition Current Deferred Revenue account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Target Global's Current Deferred Revenue and Other Current Assets is 0.91. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Target Global Acquisition, assuming nothing else is changed. The correlation between historical values of Target Global's Current Deferred Revenue and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Target Global Acquisition are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Current Deferred Revenue i.e., Target Global's Current Deferred Revenue and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Target Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Global Acquisition 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 Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 1.3 M in 2024. Enterprise Value Over EBITDA is likely to drop to 43.14 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense69.5K3.1M3.6M3.7M
Depreciation And Amortization198.0K1.1M5.7M6.0M

Target Global fundamental ratios Correlations

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Target Global Account Relationship Matchups

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