Tillys Non Current Assets Total vs Property Plant Equipment Analysis
TLYS Stock | USD 4.21 0.03 0.72% |
Tillys financial indicator trend analysis is much more than just breaking down Tillys Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tillys Inc is a good investment. Please check the relationship between Tillys Non Current Assets Total and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tillys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tillys Inc Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tillys' Non Current Assets Total and Property Plant Equipment is 0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Tillys Inc, assuming nothing else is changed. The correlation between historical values of Tillys' Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Tillys Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Tillys' Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
Most indicators from Tillys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tillys Inc 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 Tillys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Tillys' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 7.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 144.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 276.7M | 202.8M | 165.7M | 179.2M | Total Revenue | 775.7M | 672.3M | 623.1M | 587.7M |
Tillys fundamental ratios Correlations
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Tillys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Tillys' price analysis, check to measure Tillys' 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 Tillys is operating at the current time. Most of Tillys' value examination focuses on studying past and present price action to predict the probability of Tillys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tillys' price. Additionally, you may evaluate how the addition of Tillys to your portfolios can decrease your overall portfolio volatility.