Target Cash And Short Term Investments vs Cash Analysis

TGT Stock

USD 132.31 2.22 1.71%

Target financial indicator trend analysis is much more than just breaking down Target prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target is a good investment. Please check the relationship between Target Cash And Short Term Investments and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. 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 information on how to buy Target Stock please use our How to Invest in Target guide.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.

The correlation between Target's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Target, assuming nothing else is changed. The correlation between historical values of Target's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Target are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Target's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Target balance sheet. This account contains Target investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Target 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.

Cash

Cash refers to the most liquid asset of Target, which is listed under current asset account on Target balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Target customers. The amounts must be unrestricted with restricted cash listed in a different Target account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Target's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target 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. 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 information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.60 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	106.0B	109.1B	107.4B	54.9B
Depreciation And Amortization	2.6B	2.7B	2.8B	1.5B

Total Revenue Depreciation And Amortization

Target fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Current Deferred Revenue
Total Assets		0.97	0.46	0.94	0.82	0.98	0.76	0.48	0.4	0.98	-0.04	0.41	0.12	-0.89	0.97	0.91	0.22	0.82	0.98	0.92	0.33	0.84	-0.79	0.55	-0.79	0.19
Short Long Term Debt Total	0.97		0.49	0.89	0.78	0.97	0.86	0.46	0.27	0.97	-0.05	0.28	0.22	-0.86	0.98	0.86	0.21	0.77	0.96	0.86	0.41	0.77	-0.77	0.61	-0.74	0.05
Other Current Liab	0.46	0.49		0.55	0.19	0.39	0.33	0.03	0.43	0.38	-0.12	0.43	0.05	-0.45	0.45	0.51	-0.08	0.35	0.52	0.54	0.32	0.51	-0.53	0.69	-0.45	-0.33
Total Current Liabilities	0.94	0.89	0.55		0.61	0.87	0.57	0.22	0.58	0.87	-0.12	0.59	0.02	-0.89	0.9	0.96	-0.02	0.86	0.98	0.94	0.22	0.96	-0.87	0.57	-0.88	0.21
Total Stockholder Equity	0.82	0.78	0.19	0.61		0.83	0.7	0.88	0.16	0.83	0.22	0.16	0.27	-0.62	0.72	0.53	0.55	0.5	0.69	0.7	0.51	0.43	-0.39	0.25	-0.41	0.23
Property Plant And Equipment Net	0.98	0.97	0.39	0.87	0.83		0.83	0.5	0.25	1.0	-0.04	0.25	0.11	-0.89	0.97	0.86	0.25	0.82	0.94	0.81	0.34	0.77	-0.78	0.52	-0.77	0.11
Net Debt	0.76	0.86	0.33	0.57	0.7	0.83		0.53	-0.23	0.83	-0.08	-0.23	0.39	-0.61	0.82	0.58	0.39	0.48	0.71	0.53	0.46	0.42	-0.49	0.51	-0.45	-0.22
Retained Earnings	0.48	0.46	0.03	0.22	0.88	0.5	0.53		-0.11	0.5	0.4	-0.1	0.46	-0.19	0.36	0.11	0.69	0.02	0.3	0.4	0.59	0.01	0.07	0.05	0.05	0.16
Cash	0.4	0.27	0.43	0.58	0.16	0.25	-0.23	-0.11		0.26	0.12	1.0	-0.31	-0.5	0.31	0.51	-0.36	0.53	0.46	0.63	-0.09	0.64	-0.57	0.37	-0.56	0.5
Non Current Assets Total	0.98	0.97	0.38	0.87	0.83	1.0	0.83	0.5	0.26		-0.04	0.26	0.1	-0.89	0.97	0.86	0.25	0.82	0.94	0.81	0.32	0.77	-0.78	0.52	-0.77	0.12
Non Currrent Assets Other	-0.04	-0.05	-0.12	-0.12	0.22	-0.04	-0.08	0.4	0.12	-0.04		0.12	0.23	0.12	-0.14	-0.32	0.07	-0.22	-0.13	-0.04	0.38	-0.23	0.16	-0.07	0.26	0.45
Cash And Short Term Investments	0.41	0.28	0.43	0.59	0.16	0.25	-0.23	-0.1	1.0	0.26	0.12		-0.29	-0.5	0.32	0.51	-0.36	0.53	0.46	0.63	-0.07	0.64	-0.57	0.37	-0.56	0.5
Net Receivables	0.12	0.22	0.05	0.02	0.27	0.11	0.39	0.46	-0.31	0.1	0.23	-0.29		0.13	0.08	-0.06	0.02	-0.27	0.05	0.14	0.71	-0.14	0.24	0.03	0.25	-0.2
Common Stock Shares Outstanding	-0.89	-0.86	-0.45	-0.89	-0.62	-0.89	-0.61	-0.19	-0.5	-0.89	0.12	-0.5	0.13		-0.9	-0.9	0.03	-0.96	-0.91	-0.78	-0.12	-0.86	0.95	-0.58	0.96	-0.18
Non Current Liabilities Total	0.97	0.98	0.45	0.9	0.72	0.97	0.82	0.36	0.31	0.97	-0.14	0.32	0.08	-0.9		0.91	0.17	0.83	0.98	0.85	0.24	0.83	-0.83	0.63	-0.8	0.09
Inventory	0.91	0.86	0.51	0.96	0.53	0.86	0.58	0.11	0.51	0.86	-0.32	0.51	-0.06	-0.9	0.91		-0.08	0.89	0.96	0.87	0.06	0.97	-0.89	0.62	-0.91	0.1
Other Current Assets	0.22	0.21	-0.08	-0.02	0.55	0.25	0.39	0.69	-0.36	0.25	0.07	-0.36	0.02	0.03	0.17	-0.08		-0.12	0.08	0.13	0.23	-0.18	0.24	-0.19	0.18	0.02
Other Stockholder Equity	0.82	0.77	0.35	0.86	0.5	0.82	0.48	0.02	0.53	0.82	-0.22	0.53	-0.27	-0.96	0.83	0.89	-0.12		0.87	0.72	-0.01	0.87	-0.95	0.45	-0.97	0.2
Total Liab	0.98	0.96	0.52	0.98	0.69	0.94	0.71	0.3	0.46	0.94	-0.13	0.46	0.05	-0.91	0.98	0.96	0.08	0.87		0.92	0.23	0.92	-0.87	0.62	-0.86	0.16
Total Current Assets	0.92	0.86	0.54	0.94	0.7	0.81	0.53	0.4	0.63	0.81	-0.04	0.63	0.14	-0.78	0.85	0.87	0.13	0.72	0.92		0.3	0.86	-0.72	0.55	-0.73	0.29
Short Term Debt	0.33	0.41	0.32	0.22	0.51	0.34	0.46	0.59	-0.09	0.32	0.38	-0.07	0.71	-0.12	0.24	0.06	0.23	-0.01	0.23	0.3		-0.04	0.0	0.06	0.04	-0.15
Accounts Payable	0.84	0.77	0.51	0.96	0.43	0.77	0.42	0.01	0.64	0.77	-0.23	0.64	-0.14	-0.86	0.83	0.97	-0.18	0.87	0.92	0.86	-0.04		-0.89	0.6	-0.91	0.24
Common Stock Total Equity	-0.79	-0.77	-0.53	-0.87	-0.39	-0.78	-0.49	0.07	-0.57	-0.78	0.16	-0.57	0.24	0.95	-0.83	-0.89	0.24	-0.95	-0.87	-0.72	0.0	-0.89		-0.66	0.96	-0.12
Property Plant And Equipment Gross	0.55	0.61	0.69	0.57	0.25	0.52	0.51	0.05	0.37	0.52	-0.07	0.37	0.03	-0.58	0.63	0.62	-0.19	0.45	0.62	0.55	0.06	0.6	-0.66		-0.52	-0.1
Common Stock	-0.79	-0.74	-0.45	-0.88	-0.41	-0.77	-0.45	0.05	-0.56	-0.77	0.26	-0.56	0.25	0.96	-0.8	-0.91	0.18	-0.97	-0.86	-0.73	0.04	-0.91	0.96	-0.52		-0.17
Current Deferred Revenue	0.19	0.05	-0.33	0.21	0.23	0.11	-0.22	0.16	0.5	0.12	0.45	0.5	-0.2	-0.18	0.09	0.1	0.02	0.2	0.16	0.29	-0.15	0.24	-0.12	-0.1	-0.17

Click cells to compare fundamentals

Target Account Relationship Matchups

Target fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.8B	51.2B	53.8B	53.3B	55.4B	32.0B
Short Long Term Debt Total	13.8B	14.9B	16.2B	18.8B	19.6B	10.9B
Other Current Liab	955M	4.3B	4.8B	4.8B	4.9B	5.2B
Total Current Liabilities	14.5B	20.1B	21.7B	19.5B	19.3B	9.9B
Total Stockholder Equity	11.8B	14.4B	12.8B	11.2B	13.4B	10.1B
Property Plant And Equipment Net	28.5B	29.1B	30.7B	34.2B	36.5B	19.1B
Net Debt	11.2B	6.4B	10.3B	16.5B	15.8B	9.4B
Retained Earnings	6.4B	8.8B	6.9B	5.0B	7.1B	7.5B
Cash	2.6B	8.5B	5.9B	2.2B	3.8B	4.0B
Non Current Assets Total	29.9B	30.5B	32.2B	35.5B	37.9B	20.1B
Non Currrent Assets Other	1.4B	1.4B	(1.2B)	(2.0B)	761M	799.1M
Cash And Short Term Investments	2.6B	8.5B	5.9B	2.2B	3.8B	4.0B
Net Receivables	498M	631M	1.4B	1.2B	1.4B	1.3B
Common Stock Shares Outstanding	515.6M	505.4M	492.7M	464.7M	462.8M	654.2M
Liabilities And Stockholders Equity	42.8B	51.2B	53.8B	53.3B	55.4B	32.0B
Non Current Liabilities Total	16.5B	16.7B	19.2B	22.6B	22.6B	12.1B
Inventory	9.0B	10.7B	13.9B	13.5B	11.9B	6.4B
Other Current Assets	796M	961M	407M	949M	403M	382.9M
Other Stockholder Equity	6.2B	6.3B	6.4B	6.6B	6.8B	3.6B
Total Liab	30.9B	36.8B	41.0B	42.1B	41.9B	21.9B
Total Current Assets	12.9B	20.8B	21.6B	17.8B	17.5B	11.9B
Short Term Debt	161M	1.4B	425M	426M	1.4B	815.3M
Accounts Payable	9.9B	12.9B	15.5B	13.5B	12.1B	6.7B
Property Plant And Equipment Gross	28.5B	29.1B	51.9B	54.1B	60.9B	63.9B
Accumulated Other Comprehensive Income	(868M)	(756M)	(553M)	(419M)	(460M)	(483M)
Current Deferred Revenue	3.5B	5.1B	1.2B	1.2B	1.2B	1.5B
Intangible Assets	686M	37M	25M	645M	8M	7.6M
Short Term Investments	39M	7.6B	17M	1.3B	2.9B	1.7B
Net Tangible Assets	11.8B	13.8B	12.8B	11.2B	10.1B	10.7B
Long Term Debt	10.0B	9.8B	13.5B	16.0B	14.9B	13.5B
Retained Earnings Total Equity	6.4B	8.8B	6.9B	5.0B	4.5B	7.1B
Long Term Debt Total	11.3B	11.5B	13.5B	16.0B	18.4B	13.7B
Capital Surpluse	6.2B	6.3B	6.4B	6.6B	7.6B	5.8B
Deferred Long Term Liab	1.1B	990M	1.6B	2.2B	2.5B	1.3B
Non Current Liabilities Other	4.0B	47M	1.6B	1.8B	181M	172.0M
Accumulated Depreciation	(18.2B)	(18.7B)	(19.7B)	(22.6B)	(20.4B)	(21.4B)
Property Plant Equipment	26.3B	29.1B	30.7B	34.2B	39.3B	30.7B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Target Stock Analysis

When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC