| TOTAL Stock | | | 72.12 2.33 3.34% |
Total Transport financial indicator trend analysis is much more than just breaking down Total Transport Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Total Transport Systems is a good investment. Please check the relationship between Total Transport Cash And Short Term Investments and its Long Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Total Transport Systems. 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.
Cash And Short Term Investments vs Long Term Debt
Cash And Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Total Transport Systems Cash And Short Term Investments account and
Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Total Transport's Cash And Short Term Investments and Long Term Debt is -0.37. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Total Transport Systems, assuming nothing else is changed. The correlation between historical values of Total Transport's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Total Transport Systems are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Total Transport's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.37 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Total Transport Systems balance sheet. This account contains Total Transport investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Total Transport Systems fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Long Term Debt
Long-term debt is a debt that Total Transport Systems has held for over one year. Long-term debt appears on Total Transport Systems 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 Total Transport Systems 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.
Most indicators from Total Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Total Transport Systems 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 Total Transport Systems. 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.
As of the 30th of November 2024,
Tax Provision is likely to grow to about 23.6
M, while
Selling General Administrative is likely to drop about 24.1
M.
Total Transport fundamental ratios Correlations
Click cells to compare fundamentals
Total Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Total Transport fundamental ratios Accounts
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Other Information on Investing in Total Stock
Balance Sheet is a snapshot of the
financial position of Total Transport Systems at a specified time, usually calculated after every quarter, six months, or one year. Total Transport Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Total Transport and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Total currently owns. An asset can also be divided into two categories, current and non-current.