TGTX Long Term Debt vs Good Will Analysis
TGTX Stock | USD 30.69 0.96 3.03% |
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 Long Term Debt and its Good Will 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.
Long Term Debt vs Good Will
Long Term Debt vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TG Therapeutics Long Term Debt account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TG Therapeutics' Long Term Debt and Good Will is 0.56. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will 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' Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of TG Therapeutics are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., TG Therapeutics' Long Term Debt and Good Will go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that TG Therapeutics has held for over one year. Long-term debt appears on TG Therapeutics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on TG Therapeutics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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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