Telix Total Stockholder Equity vs Total Current Assets Analysis

TLX Stock

15.76 0.16 1.03%

Telix Pharmaceuticals financial indicator trend analysis is much more than just breaking down Telix Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telix Pharmaceuticals is a good investment. Please check the relationship between Telix Pharmaceuticals Total Stockholder Equity and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telix Pharmaceuticals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telix Pharmaceuticals Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Telix Pharmaceuticals' Total Stockholder Equity and Total Current Assets is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Telix Pharmaceuticals Limited, assuming nothing else is changed. The correlation between historical values of Telix Pharmaceuticals' Total Stockholder Equity and Total 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 Total Stockholder Equity of Telix Pharmaceuticals Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Telix Pharmaceuticals' Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Telix Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telix Pharmaceuticals 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 Telix Pharmaceuticals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Tax Provision is likely to rise to about (2 M) in 2024. Selling General Administrative is likely to drop to about 57.5 M in 2024

	2021	2023	2024 (projected)
Depreciation And Amortization	236.6K	6.7M	7.1M
Interest Income	1K	1.0M	1.1M

Depreciation And Amortization Interest Income

Telix Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.98	0.81	0.96	0.78	0.97	0.87	-0.74	-0.78	0.93	0.82	0.96	0.97	0.86	0.82	0.95	0.73	0.85	0.85	0.92	0.86	0.88	0.94	0.81	0.96	0.9
Short Long Term Debt Total	0.98		0.79	0.99	0.62	1.0	0.91	-0.64	-0.88	0.98	0.72	0.94	0.99	0.93	0.72	0.99	0.79	0.9	0.93	0.98	0.9	0.89	0.99	0.67	1.0	0.9
Other Current Liab	0.81	0.79		0.82	0.54	0.8	0.92	-0.58	-0.74	0.83	0.5	0.87	0.85	0.82	0.5	0.81	0.57	0.85	0.74	0.73	0.94	0.96	0.81	0.58	0.8	0.83
Total Current Liabilities	0.96	0.99	0.82		0.56	1.0	0.92	-0.56	-0.89	0.99	0.65	0.95	0.99	0.97	0.65	1.0	0.75	0.9	0.94	0.97	0.92	0.9	1.0	0.61	1.0	0.88
Total Stockholder Equity	0.78	0.62	0.54	0.56		0.6	0.47	-0.82	-0.25	0.5	0.89	0.7	0.62	0.37	0.89	0.55	0.37	0.43	0.34	0.5	0.45	0.54	0.51	1.0	0.58	0.61
Property Plant And Equipment Net	0.97	1.0	0.8	1.0	0.6		0.92	-0.62	-0.89	0.98	0.7	0.94	0.99	0.94	0.7	1.0	0.79	0.91	0.94	0.98	0.91	0.9	0.99	0.64	1.0	0.9
Current Deferred Revenue	0.87	0.91	0.92	0.92	0.47	0.92		-0.64	-0.94	0.92	0.59	0.86	0.91	0.9	0.59	0.93	0.82	0.99	0.93	0.91	1.0	0.99	0.93	0.52	0.92	0.95
Net Debt	-0.74	-0.64	-0.58	-0.56	-0.82	-0.62	-0.64		0.5	-0.49	-0.95	-0.57	-0.58	-0.37	-0.95	-0.57	-0.74	-0.67	-0.54	-0.63	-0.61	-0.68	-0.57	-0.82	-0.61	-0.83
Retained Earnings	-0.78	-0.88	-0.74	-0.89	-0.25	-0.89	-0.94	0.5		-0.89	-0.49	-0.74	-0.85	-0.89	-0.49	-0.9	-0.9	-0.97	-0.99	-0.94	-0.93	-0.88	-0.92	-0.3	-0.9	-0.89
Accounts Payable	0.93	0.98	0.83	0.99	0.5	0.98	0.92	-0.49	-0.89		0.56	0.95	0.99	0.99	0.56	0.99	0.7	0.89	0.93	0.94	0.92	0.9	0.99	0.55	0.98	0.84
Cash	0.82	0.72	0.5	0.65	0.89	0.7	0.59	-0.95	-0.49	0.56		0.65	0.66	0.44	1.0	0.65	0.71	0.62	0.57	0.7	0.55	0.62	0.63	0.89	0.69	0.79
Non Current Assets Total	0.96	0.94	0.87	0.95	0.7	0.94	0.86	-0.57	-0.74	0.95	0.65		0.98	0.91	0.65	0.94	0.58	0.8	0.8	0.86	0.87	0.88	0.93	0.74	0.94	0.81
Non Currrent Assets Other	0.97	0.99	0.85	0.99	0.62	0.99	0.91	-0.58	-0.85	0.99	0.66	0.98		0.96	0.66	0.99	0.7	0.88	0.9	0.94	0.91	0.91	0.98	0.66	0.99	0.87
Long Term Debt	0.86	0.93	0.82	0.97	0.37	0.94	0.9	-0.37	-0.89	0.99	0.44	0.91	0.96		0.44	0.97	0.66	0.87	0.92	0.91	0.91	0.87	0.97	0.43	0.95	0.78
Cash And Short Term Investments	0.82	0.72	0.5	0.65	0.89	0.7	0.59	-0.95	-0.49	0.56	1.0	0.65	0.66	0.44		0.65	0.71	0.62	0.57	0.7	0.55	0.62	0.63	0.89	0.69	0.79
Net Receivables	0.95	0.99	0.81	1.0	0.55	1.0	0.93	-0.57	-0.9	0.99	0.65	0.94	0.99	0.97	0.65		0.77	0.91	0.95	0.98	0.92	0.9	1.0	0.6	1.0	0.89
Good Will	0.73	0.79	0.57	0.75	0.37	0.79	0.82	-0.74	-0.9	0.7	0.71	0.58	0.7	0.66	0.71	0.77		0.9	0.9	0.88	0.79	0.77	0.8	0.41	0.79	0.92
Common Stock Shares Outstanding	0.85	0.9	0.85	0.9	0.43	0.91	0.99	-0.67	-0.97	0.89	0.62	0.8	0.88	0.87	0.62	0.91	0.9		0.96	0.93	0.98	0.96	0.92	0.47	0.91	0.97
Non Current Liabilities Total	0.85	0.93	0.74	0.94	0.34	0.94	0.93	-0.54	-0.99	0.93	0.57	0.8	0.9	0.92	0.57	0.95	0.9	0.96		0.98	0.92	0.88	0.96	0.39	0.95	0.9
Capital Lease Obligations	0.92	0.98	0.73	0.97	0.5	0.98	0.91	-0.63	-0.94	0.94	0.7	0.86	0.94	0.91	0.7	0.98	0.88	0.93	0.98		0.9	0.87	0.98	0.55	0.98	0.92
Inventory	0.86	0.9	0.94	0.92	0.45	0.91	1.0	-0.61	-0.93	0.92	0.55	0.87	0.91	0.91	0.55	0.92	0.79	0.98	0.92	0.9		0.99	0.93	0.49	0.91	0.93
Other Current Assets	0.88	0.89	0.96	0.9	0.54	0.9	0.99	-0.68	-0.88	0.9	0.62	0.88	0.91	0.87	0.62	0.9	0.77	0.96	0.88	0.87	0.99		0.91	0.58	0.9	0.94
Total Liab	0.94	0.99	0.81	1.0	0.51	0.99	0.93	-0.57	-0.92	0.99	0.63	0.93	0.98	0.97	0.63	1.0	0.8	0.92	0.96	0.98	0.93	0.91		0.56	1.0	0.89
Net Invested Capital	0.81	0.67	0.58	0.61	1.0	0.64	0.52	-0.82	-0.3	0.55	0.89	0.74	0.66	0.43	0.89	0.6	0.41	0.47	0.39	0.55	0.49	0.58	0.56		0.63	0.65
Property Plant And Equipment Gross	0.96	1.0	0.8	1.0	0.58	1.0	0.92	-0.61	-0.9	0.98	0.69	0.94	0.99	0.95	0.69	1.0	0.79	0.91	0.95	0.98	0.91	0.9	1.0	0.63		0.9
Short Long Term Debt	0.9	0.9	0.83	0.88	0.61	0.9	0.95	-0.83	-0.89	0.84	0.79	0.81	0.87	0.78	0.79	0.89	0.92	0.97	0.9	0.92	0.93	0.94	0.89	0.65	0.9

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Telix Pharmaceuticals Account Relationship Matchups

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Telix Total Stockholder Equity vs Total Current Assets Analysis

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Assets

Telix Pharmaceuticals fundamental ratios Correlations

Telix Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Telix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Total Current Liabilities

Non Current Liabilities Total	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Capital Lease Obligations	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Current Deferred Revenue