TGTX Ebitda vs Minority Interest Analysis
TGTX Stock | USD 31.67 1.17 3.56% |
TG Therapeutics financial indicator trend analysis is much more than just breaking down TG Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TG Therapeutics is a good investment. Please check the relationship between TG Therapeutics Ebitda and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TG Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy TGTX Stock please use our How to Invest in TG Therapeutics guide.
Ebitda vs Minority Interest
Ebitda vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TG Therapeutics Ebitda account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TG Therapeutics' Ebitda and Minority Interest is 0.4. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Minority Interest in the same time period over historical financial statements of TG Therapeutics, assuming nothing else is changed. The correlation between historical values of TG Therapeutics' Ebitda and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of TG Therapeutics are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Ebitda i.e., TG Therapeutics' Ebitda and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebitda
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of TG Therapeutics whose combined shares represent less than 50% of the total outstanding shares issued by TG Therapeutics have a minority interest in TG Therapeutics.Most indicators from TG Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TG Therapeutics 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 TG Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy TGTX Stock please use our How to Invest in TG Therapeutics guide.At this time, TG Therapeutics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 409.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.6 M in 2024.
TG Therapeutics fundamental ratios Correlations
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TG Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TG Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 163.0M | 625.6M | 379.6M | 193.6M | 329.6M | 346.1M | |
Other Current Liab | 5.4M | 26.7M | 61.5M | 8.0M | 13.5M | 14.2M | |
Total Current Liabilities | 84.4M | 87.6M | 65.4M | 53.2M | 53.7M | 56.4M | |
Total Stockholder Equity | (701.2M) | 519.4M | (1.3B) | (1.5B) | 160.5M | 168.5M | |
Property Plant And Equipment Net | 11.8M | 11.8M | 11.1M | 10.8M | 8.1M | 8.6M | |
Net Debt | (71.8M) | (511.5M) | (219.8M) | (19.2M) | 17.9M | 18.8M | |
Retained Earnings | (701.2M) | (980.6M) | (1.3B) | (1.5B) | (1.5B) | (1.4B) | |
Cash | 112.6M | 553.4M | 298.9M | 102.3M | 92.9M | 59.3M | |
Non Current Assets Total | 13.9M | 13.9M | 48.7M | 25.3M | 11.6M | 7.5M | |
Cash And Short Term Investments | 140.4M | 605.4M | 350.3M | 174.1M | 217.5M | 228.4M | |
Common Stock Shares Outstanding | 88.4M | 115.3M | 132.2M | 135.4M | 148.5M | 155.9M | |
Liabilities And Stockholders Equity | (576.8M) | 625.6M | (1.2B) | (1.4B) | 329.6M | 346.1M | |
Other Stockholder Equity | (109K) | 1.5B | 1.6B | 1.6B | 1.7B | 1.8B | |
Total Liab | 124.4M | 106.3M | 142.5M | 135.0M | 169.1M | 177.5M | |
Property Plant And Equipment Gross | 11.8M | 11.8M | 11.1M | 10.8M | 9.6M | 10.0M | |
Total Current Assets | 149.2M | 611.7M | 331.0M | 168.3M | 317.9M | 333.8M | |
Non Currrent Assets Other | 1.3M | 1.3M | 1.3M | 1.3M | 1.4M | 1.3M | |
Net Receivables | 108.5K | 95K | 0.0 | 1.4M | 51.1M | 53.6M | |
Non Current Liabilities Total | 40.0M | 18.7M | 77.1M | 81.8M | 115.4M | 121.1M | |
Other Current Assets | 611K | 6.3M | 14.8M | 6.6M | 9.5M | 10.0M | |
Accounts Payable | 30.0M | 37.0M | (457K) | 42.0M | 38.5M | 40.4M | |
Common Stock Total Equity | 109K | 141K | 143K | 146K | 131.4K | 74.7K | |
Common Stock | 109K | 141K | 143K | 146K | 151K | 105.2K | |
Other Assets | 3.4M | 13.1M | 3.1M | 2.9M | 329.6M | 346.1M | |
Property Plant Equipment | 282K | 481K | 600K | 307K | 353.1K | 370.7K | |
Short Long Term Debt Total | 40.8M | 42.0M | 79.0M | 83.1M | 110.8M | 116.3M | |
Short Term Investments | 27.8M | 52.0M | 15.9M | 59.4M | 124.6M | 130.8M | |
Other Liab | 762K | 610K | 457K | 305K | 274.5K | 260.8K | |
Short Term Debt | 1.6M | 23.8M | 3.8M | 3.2M | 1.4M | 2.8M | |
Net Tangible Assets | 37.8M | 518.6M | 310.7M | 57.8M | 66.5M | 118.5M | |
Retained Earnings Total Equity | (701.2M) | (980.6M) | (1.3B) | (1.5B) | (1.4B) | (1.3B) | |
Capital Surpluse | 740.0M | 1.5B | 1.6B | 1.6B | 1.8B | 1.9B | |
Deferred Long Term Liab | 762K | 610K | 457K | 305K | 274.5K | 260.8K |
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