Tutor Cash And Short Term Investments vs Intangible Assets Analysis
TPC Stock | USD 27.25 1.11 3.91% |
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 Cash And Short Term Investments and its Intangible Assets 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.
Cash And Short Term Investments vs Intangible Assets
Cash And Short Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tutor Perini Cash And Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tutor Perini's Cash And Short Term Investments and Intangible Assets is 0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible Assets 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 Cash And Short Term Investments and Intangible 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 Cash And Short Term Investments of Tutor Perini are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., Tutor Perini's Cash And Short Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tutor Perini balance sheet. This account contains Tutor Perini investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tutor Perini 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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Expense | 69.0M | 69.6M | 85.2M | 89.4M | Depreciation And Amortization | 118.2M | 64.4M | 45.2M | 29.4M |
Tutor Perini fundamental ratios Correlations
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Tutor Perini Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tutor Perini fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5B | 5.0B | 4.7B | 4.5B | 4.4B | 4.7B | |
Short Long Term Debt Total | 834.5M | 1.0B | 993.7M | 958.4M | 899.7M | 944.7M | |
Other Current Liab | 206.5M | 215.2M | 210.0M | 179.5M | 214.3M | 151.0M | |
Total Current Liabilities | 2.1B | 2.3B | 1.8B | 2.0B | 2.1B | 2.2B | |
Total Stockholder Equity | 1.4B | 1.6B | 1.7B | 1.4B | 1.3B | 720.4M | |
Property Plant And Equipment Net | 509.7M | 489.2M | 429.6M | 435.1M | 490.2M | 514.7M | |
Net Debt | 640.8M | 651.2M | 791.5M | 699.1M | 519.2M | 545.1M | |
Retained Earnings | 314.0M | 422.4M | 514.3M | 304.3M | 133.1M | 193.9M | |
Cash | 193.7M | 374.3M | 202.2M | 259.4M | 380.6M | 399.6M | |
Non Current Assets Total | 974.8M | 965.2M | 862.4M | 864.0M | 908.5M | 613.7M | |
Non Currrent Assets Other | 104.7M | 147.7M | 142.6M | 148.6M | 70.8M | 61.9M | |
Cash And Short Term Investments | 193.7M | 374.3M | 202.2M | 259.4M | 380.6M | 399.6M | |
Net Receivables | 3.0B | 3.3B | 3.4B | 3.1B | 2.8B | 2.9B | |
Common Stock Shares Outstanding | 50.2M | 51.1M | 51.4M | 51.3M | 51.8M | 29.3M | |
Liabilities And Stockholders Equity | 4.5B | 5.0B | 4.7B | 4.5B | 4.4B | 4.7B | |
Non Current Liabilities Total | 945.4M | 1.2B | 1.3B | 1.1B | 1.0B | 1.1B | |
Inventory | 79.4M | 156.5M | 93.6M | 106.0M | 1.0 | 0.95 | |
Other Current Assets | 197.5M | 405.9M | 280.3M | 285.3M | 362.0M | 380.1M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Total Liab | 3.1B | 3.5B | 3.1B | 3.1B | 3.1B | 3.3B | |
Property Plant And Equipment Gross | 509.7M | 489.2M | 913.1M | 940.6M | 975.5M | 1.0B | |
Total Current Assets | 3.5B | 4.1B | 3.9B | 3.7B | 3.5B | 3.7B | |
Accumulated Other Comprehensive Income | (42.1M) | (46.7M) | (43.6M) | (47.0M) | (39.8M) | (41.8M) | |
Short Term Debt | 124.1M | 100.2M | 24.4M | 70.3M | 117.4M | 123.3M | |
Intangible Assets | 155.3M | 123.1M | 85.1M | 70.5M | 68.3M | 54.7M | |
Common Stock | 50.3M | 50.8M | 51.1M | 51.5M | 52.0M | 32.1M | |
Accounts Payable | 934.9M | 1.1B | 781.0M | 741.9M | 689.7M | 624.2M | |
Common Stock Total Equity | 50.3M | 50.8M | 51.1M | 51.5M | 59.2M | 43.2M | |
Other Liab | 203.1M | 261.7M | 304.8M | 196.0M | 225.4M | 142.8M | |
Other Assets | 64.5M | 147.7M | 142.6M | 102.4M | 117.8M | 123.7M | |
Long Term Debt | 710.4M | 925.3M | 969.2M | 888.2M | 782.3M | 480.4M | |
Property Plant Equipment | 509.7M | 489.2M | 429.6M | 435.1M | 500.4M | 345.1M | |
Current Deferred Revenue | 844.4M | 839.2M | 761.7M | 975.8M | 1.1B | 1.2B | |
Short Term Investments | 71.0M | 78.9M | 84.4M | 91.6M | 130.3M | 80.8M | |
Net Tangible Assets | 1.1B | 1.2B | 1.4B | 1.2B | 1.4B | 974.1M | |
Noncontrolling Interest In Consolidated Entity | (9.6M) | (10.9M) | 18.8M | (7.7M) | (7.0M) | (6.6M) | |
Retained Earnings Total Equity | 314.0M | 422.4M | 514.3M | 304.3M | 349.9M | 442.5M | |
Long Term Debt Total | 710.4M | 925.3M | 969.2M | 888.2M | 1.0B | 828.4M | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.2B |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.