Tutor Long Term Debt vs Accumulated Depreciation 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 Long Term Debt and its Accumulated Depreciation 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.

Long Term Debt vs Accumulated Depreciation

Long Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tutor Perini Long Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tutor Perini's Long Term Debt and Accumulated Depreciation is -0.57. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accumulated Depreciation 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 Long Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tutor Perini are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Debt i.e., Tutor Perini's Long Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Tutor Perini has held for over one year. Long-term debt appears on Tutor Perini 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 Tutor Perini 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.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Tutor Perini fixed asset that has been charged to Tutor Perini expense since that asset was acquired and made available for Tutor Perini use. The accumulated depreciation account is Tutor Perini asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Tutor Perini.
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.