Tutor Accounts Payable vs Short Term Investments Analysis

TPC Stock  USD 27.18  0.07  0.26%   
Tutor Perini financial indicator trend analysis is much more than just breaking down Tutor Perini prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tutor Perini is a good investment. Please check the relationship between Tutor Perini Accounts Payable and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tutor Perini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tutor Perini Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tutor Perini's Accounts Payable and Short Term Investments is 0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Tutor Perini, assuming nothing else is changed. The correlation between historical values of Tutor Perini's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tutor Perini are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Tutor Perini's Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Tutor Perini obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tutor Perini are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Tutor Perini balance sheet. It contains any investments Tutor Perini undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tutor Perini can easily liquidate in the marketplace.
Most indicators from Tutor Perini's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tutor Perini 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 Tutor Perini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.The current year's Enterprise Value is expected to grow to about 609.6 M, whereas Selling General Administrative is forecasted to decline to about 162.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense69.0M69.6M85.2M89.4M
Depreciation And Amortization118.2M64.4M45.2M29.4M

Tutor Perini fundamental ratios Correlations

0.960.030.930.770.840.840.470.620.390.250.420.930.80.950.430.630.960.980.70.950.440.380.840.810.89
0.960.010.90.680.840.880.290.630.370.30.390.890.780.970.450.660.940.960.770.910.510.340.820.730.88
0.030.010.080.070.05-0.11-0.010.20.27-0.390.71-0.190.1-0.030.020.110.020.040.04-0.05-0.040.60.1-0.010.09
0.930.90.080.540.710.650.220.810.140.280.540.890.610.820.330.820.860.980.760.950.590.280.660.640.77
0.770.680.070.540.720.80.780.10.670.080.110.690.930.760.540.110.760.640.270.640.030.520.910.870.83
0.840.840.050.710.720.830.330.370.73-0.040.330.640.850.830.210.260.940.790.510.650.580.610.880.80.91
0.840.88-0.110.650.80.830.460.190.560.340.030.780.860.930.530.290.860.780.540.730.340.40.870.780.84
0.470.29-0.010.220.780.330.46-0.150.4-0.01-0.060.470.50.430.44-0.090.390.3-0.040.4-0.410.240.470.620.37
0.620.630.20.810.10.370.19-0.15-0.160.070.770.560.220.50.050.90.550.730.710.70.520.050.270.240.45
0.390.370.270.140.670.730.560.4-0.16-0.330.160.110.750.440.16-0.340.540.25-0.020.090.170.780.730.660.64
0.250.3-0.390.280.08-0.040.34-0.010.07-0.33-0.350.460.080.360.530.430.10.320.220.40.11-0.350.080.170.08
0.420.390.710.540.110.330.03-0.060.770.16-0.350.20.20.29-0.060.560.40.470.480.370.330.440.240.180.35
0.930.89-0.190.890.690.640.780.470.560.110.460.20.670.880.50.690.840.930.690.980.330.10.70.70.76
0.80.780.10.610.930.850.860.50.220.750.080.20.670.820.460.180.850.710.410.640.310.611.00.860.95
0.950.97-0.030.820.760.830.930.430.50.440.360.290.880.820.50.560.920.920.690.880.380.330.850.790.88
0.430.450.020.330.540.210.530.440.050.160.53-0.060.50.460.50.250.290.41-0.030.45-0.040.290.440.590.3
0.630.660.110.820.110.260.29-0.090.9-0.340.430.560.690.180.560.250.490.760.740.790.42-0.110.230.210.39
0.960.940.020.860.760.940.860.390.550.540.10.40.840.850.920.290.490.920.710.850.50.460.890.790.95
0.980.960.040.980.640.790.780.30.730.250.320.470.930.710.920.410.760.920.770.970.540.310.760.720.84
0.70.770.040.760.270.510.54-0.040.71-0.020.220.480.690.410.69-0.030.740.710.770.750.41-0.050.460.20.62
0.950.91-0.050.950.640.650.730.40.70.090.40.370.980.640.880.450.790.850.970.750.390.150.680.670.76
0.440.51-0.040.590.030.580.34-0.410.520.170.110.330.330.310.38-0.040.420.50.540.410.390.30.350.360.47
0.380.340.60.280.520.610.40.240.050.78-0.350.440.10.610.330.29-0.110.460.31-0.050.150.30.610.60.52
0.840.820.10.660.910.880.870.470.270.730.080.240.71.00.850.440.230.890.760.460.680.350.610.860.97
0.810.73-0.010.640.870.80.780.620.240.660.170.180.70.860.790.590.210.790.720.20.670.360.60.860.8
0.890.880.090.770.830.910.840.370.450.640.080.350.760.950.880.30.390.950.840.620.760.470.520.970.8
Click cells to compare fundamentals

Tutor Perini Account Relationship Matchups

Tutor Perini fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B5.0B4.7B4.5B4.4B4.7B
Short Long Term Debt Total834.5M1.0B993.7M958.4M899.7M944.7M
Other Current Liab206.5M215.2M210.0M179.5M214.3M151.0M
Total Current Liabilities2.1B2.3B1.8B2.0B2.1B2.2B
Total Stockholder Equity1.4B1.6B1.7B1.4B1.3B720.4M
Property Plant And Equipment Net509.7M489.2M429.6M435.1M490.2M514.7M
Net Debt640.8M651.2M791.5M699.1M519.2M545.1M
Retained Earnings314.0M422.4M514.3M304.3M133.1M193.9M
Cash193.7M374.3M202.2M259.4M380.6M399.6M
Non Current Assets Total974.8M965.2M862.4M864.0M908.5M613.7M
Non Currrent Assets Other104.7M147.7M142.6M148.6M70.8M61.9M
Cash And Short Term Investments193.7M374.3M202.2M259.4M380.6M399.6M
Net Receivables3.0B3.3B3.4B3.1B2.8B2.9B
Common Stock Shares Outstanding50.2M51.1M51.4M51.3M51.8M29.3M
Liabilities And Stockholders Equity4.5B5.0B4.7B4.5B4.4B4.7B
Non Current Liabilities Total945.4M1.2B1.3B1.1B1.0B1.1B
Inventory79.4M156.5M93.6M106.0M1.00.95
Other Current Assets197.5M405.9M280.3M285.3M362.0M380.1M
Other Stockholder Equity1.1B1.1B1.1B1.1B1.1B1.2B
Total Liab3.1B3.5B3.1B3.1B3.1B3.3B
Property Plant And Equipment Gross509.7M489.2M913.1M940.6M975.5M1.0B
Total Current Assets3.5B4.1B3.9B3.7B3.5B3.7B
Accumulated Other Comprehensive Income(42.1M)(46.7M)(43.6M)(47.0M)(39.8M)(41.8M)
Short Term Debt124.1M100.2M24.4M70.3M117.4M123.3M
Intangible Assets155.3M123.1M85.1M70.5M68.3M54.7M
Common Stock50.3M50.8M51.1M51.5M52.0M32.1M
Accounts Payable934.9M1.1B781.0M741.9M689.7M624.2M
Common Stock Total Equity50.3M50.8M51.1M51.5M59.2M43.2M
Other Liab203.1M261.7M304.8M196.0M225.4M142.8M
Other Assets64.5M147.7M142.6M102.4M117.8M123.7M
Long Term Debt710.4M925.3M969.2M888.2M782.3M480.4M
Property Plant Equipment509.7M489.2M429.6M435.1M500.4M345.1M
Current Deferred Revenue844.4M839.2M761.7M975.8M1.1B1.2B
Short Term Investments71.0M78.9M84.4M91.6M130.3M80.8M
Net Tangible Assets1.1B1.2B1.4B1.2B1.4B974.1M
Noncontrolling Interest In Consolidated Entity(9.6M)(10.9M)18.8M(7.7M)(7.0M)(6.6M)
Retained Earnings Total Equity314.0M422.4M514.3M304.3M349.9M442.5M
Long Term Debt Total710.4M925.3M969.2M888.2M1.0B828.4M
Capital Surpluse1.1B1.1B1.1B1.1B1.3B1.2B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tutor Perini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tutor Perini's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tutor Perini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tutor Perini Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tutor Perini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tutor Perini. If investors know Tutor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tutor Perini listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
(2.52)
Revenue Per Share
81.985
Quarterly Revenue Growth
0.021
Return On Assets
(0.01)
The market value of Tutor Perini is measured differently than its book value, which is the value of Tutor that is recorded on the company's balance sheet. Investors also form their own opinion of Tutor Perini's value that differs from its market value or its book value, called intrinsic value, which is Tutor Perini's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tutor Perini's market value can be influenced by many factors that don't directly affect Tutor Perini's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tutor Perini's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tutor Perini is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tutor Perini's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.