Target Total Assets vs Other Stockholder Equity 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 Total Assets and its Other Stockholder Equity 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Target's Total Assets and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Target, assuming nothing else is changed. The correlation between historical values of Target's Total Assets and Other Stockholder Equity 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 Assets of Target are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Target's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Target assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Target books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

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 Revenue106.0B109.1B107.4B54.9B
Depreciation And Amortization2.6B2.7B2.8B1.5B

Target fundamental ratios Correlations

0.970.460.940.820.980.760.480.40.98-0.040.410.12-0.890.970.910.220.820.980.920.330.84-0.790.55-0.790.19
0.970.490.890.780.970.860.460.270.97-0.050.280.22-0.860.980.860.210.770.960.860.410.77-0.770.61-0.740.05
0.460.490.550.190.390.330.030.430.38-0.120.430.05-0.450.450.51-0.080.350.520.540.320.51-0.530.69-0.45-0.33
0.940.890.550.610.870.570.220.580.87-0.120.590.02-0.890.90.96-0.020.860.980.940.220.96-0.870.57-0.880.21
0.820.780.190.610.830.70.880.160.830.220.160.27-0.620.720.530.550.50.690.70.510.43-0.390.25-0.410.23
0.980.970.390.870.830.830.50.251.0-0.040.250.11-0.890.970.860.250.820.940.810.340.77-0.780.52-0.770.11
0.760.860.330.570.70.830.53-0.230.83-0.08-0.230.39-0.610.820.580.390.480.710.530.460.42-0.490.51-0.45-0.22
0.480.460.030.220.880.50.53-0.110.50.4-0.10.46-0.190.360.110.690.020.30.40.590.010.070.050.050.16
0.40.270.430.580.160.25-0.23-0.110.260.121.0-0.31-0.50.310.51-0.360.530.460.63-0.090.64-0.570.37-0.560.5
0.980.970.380.870.831.00.830.50.26-0.040.260.1-0.890.970.860.250.820.940.810.320.77-0.780.52-0.770.12
-0.04-0.05-0.12-0.120.22-0.04-0.080.40.12-0.040.120.230.12-0.14-0.320.07-0.22-0.13-0.040.38-0.230.16-0.070.260.45
0.410.280.430.590.160.25-0.23-0.11.00.260.12-0.29-0.50.320.51-0.360.530.460.63-0.070.64-0.570.37-0.560.5
0.120.220.050.020.270.110.390.46-0.310.10.23-0.290.130.08-0.060.02-0.270.050.140.71-0.140.240.030.25-0.2
-0.89-0.86-0.45-0.89-0.62-0.89-0.61-0.19-0.5-0.890.12-0.50.13-0.9-0.90.03-0.96-0.91-0.78-0.12-0.860.95-0.580.96-0.18
0.970.980.450.90.720.970.820.360.310.97-0.140.320.08-0.90.910.170.830.980.850.240.83-0.830.63-0.80.09
0.910.860.510.960.530.860.580.110.510.86-0.320.51-0.06-0.90.91-0.080.890.960.870.060.97-0.890.62-0.910.1
0.220.21-0.08-0.020.550.250.390.69-0.360.250.07-0.360.020.030.17-0.08-0.120.080.130.23-0.180.24-0.190.180.02
0.820.770.350.860.50.820.480.020.530.82-0.220.53-0.27-0.960.830.89-0.120.870.72-0.010.87-0.950.45-0.970.2
0.980.960.520.980.690.940.710.30.460.94-0.130.460.05-0.910.980.960.080.870.920.230.92-0.870.62-0.860.16
0.920.860.540.940.70.810.530.40.630.81-0.040.630.14-0.780.850.870.130.720.920.30.86-0.720.55-0.730.29
0.330.410.320.220.510.340.460.59-0.090.320.38-0.070.71-0.120.240.060.23-0.010.230.3-0.040.00.060.04-0.15
0.840.770.510.960.430.770.420.010.640.77-0.230.64-0.14-0.860.830.97-0.180.870.920.86-0.04-0.890.6-0.910.24
-0.79-0.77-0.53-0.87-0.39-0.78-0.490.07-0.57-0.780.16-0.570.240.95-0.83-0.890.24-0.95-0.87-0.720.0-0.89-0.660.96-0.12
0.550.610.690.570.250.520.510.050.370.52-0.070.370.03-0.580.630.62-0.190.450.620.550.060.6-0.66-0.52-0.1
-0.79-0.74-0.45-0.88-0.41-0.77-0.450.05-0.56-0.770.26-0.560.250.96-0.8-0.910.18-0.97-0.86-0.730.04-0.910.96-0.52-0.17
0.190.05-0.330.210.230.11-0.220.160.50.120.450.5-0.2-0.180.090.10.020.20.160.29-0.150.24-0.12-0.1-0.17
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Target Account Relationship Matchups

Target fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.8B51.2B53.8B53.3B55.4B32.0B
Short Long Term Debt Total13.8B14.9B16.2B18.8B19.6B10.9B
Other Current Liab955M4.3B4.8B4.8B4.9B5.2B
Total Current Liabilities14.5B20.1B21.7B19.5B19.3B9.9B
Total Stockholder Equity11.8B14.4B12.8B11.2B13.4B10.1B
Property Plant And Equipment Net28.5B29.1B30.7B34.2B36.5B19.1B
Net Debt11.2B6.4B10.3B16.5B15.8B9.4B
Retained Earnings6.4B8.8B6.9B5.0B7.1B7.5B
Cash2.6B8.5B5.9B2.2B3.8B4.0B
Non Current Assets Total29.9B30.5B32.2B35.5B37.9B20.1B
Non Currrent Assets Other1.4B1.4B(1.2B)(2.0B)761M799.1M
Cash And Short Term Investments2.6B8.5B5.9B2.2B3.8B4.0B
Net Receivables498M631M1.4B1.2B1.4B1.3B
Common Stock Shares Outstanding515.6M505.4M492.7M464.7M462.8M654.2M
Liabilities And Stockholders Equity42.8B51.2B53.8B53.3B55.4B32.0B
Non Current Liabilities Total16.5B16.7B19.2B22.6B22.6B12.1B
Inventory9.0B10.7B13.9B13.5B11.9B6.4B
Other Current Assets796M961M407M949M403M382.9M
Other Stockholder Equity6.2B6.3B6.4B6.6B6.8B3.6B
Total Liab30.9B36.8B41.0B42.1B41.9B21.9B
Total Current Assets12.9B20.8B21.6B17.8B17.5B11.9B
Short Term Debt161M1.4B425M426M1.4B815.3M
Accounts Payable9.9B12.9B15.5B13.5B12.1B6.7B
Property Plant And Equipment Gross28.5B29.1B51.9B54.1B60.9B63.9B
Accumulated Other Comprehensive Income(868M)(756M)(553M)(419M)(460M)(483M)
Current Deferred Revenue3.5B5.1B1.2B1.2B1.2B1.5B
Intangible Assets686M37M25M645M8M7.6M
Short Term Investments39M7.6B17M1.3B2.9B1.7B
Net Tangible Assets11.8B13.8B12.8B11.2B10.1B10.7B
Long Term Debt10.0B9.8B13.5B16.0B14.9B13.5B
Retained Earnings Total Equity6.4B8.8B6.9B5.0B4.5B7.1B
Long Term Debt Total11.3B11.5B13.5B16.0B18.4B13.7B
Capital Surpluse6.2B6.3B6.4B6.6B7.6B5.8B
Deferred Long Term Liab1.1B990M1.6B2.2B2.5B1.3B
Non Current Liabilities Other4.0B47M1.6B1.8B181M172.0M
Accumulated Depreciation(18.2B)(18.7B)(19.7B)(22.6B)(20.4B)(21.4B)
Property Plant Equipment26.3B29.1B30.7B34.2B39.3B30.7B

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