TRI Net Tangible Assets vs Other Current Liab Analysis

TPH Stock  USD 37.03  0.43  1.17%   
TRI Pointe financial indicator trend analysis is much more than just breaking down TRI Pointe Homes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TRI Pointe Homes is a good investment. Please check the relationship between TRI Pointe Net Tangible Assets and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TRI Pointe Homes. 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.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TRI Pointe Homes Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between TRI Pointe's Net Tangible Assets and Other Current Liab is 0.68. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of TRI Pointe Homes, assuming nothing else is changed. The correlation between historical values of TRI Pointe's Net Tangible Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of TRI Pointe Homes are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., TRI Pointe's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

Most indicators from TRI Pointe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TRI Pointe Homes 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 TRI Pointe Homes. 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.
As of now, TRI Pointe's Sales General And Administrative To Revenue is decreasing as compared to previous years. The TRI Pointe's current Enterprise Value Over EBITDA is estimated to increase to 13.23, while Selling General Administrative is projected to decrease to under 135.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit992.1M1.2B833.3M607.2M
Total Revenue4.0B4.3B3.7B2.7B

TRI Pointe fundamental ratios Correlations

0.810.910.120.680.730.980.910.340.80.60.340.37-0.720.920.880.880.80.21-0.720.660.870.460.380.570.93
0.810.950.550.960.990.730.930.770.960.820.770.73-0.770.970.990.991.00.44-0.770.970.990.890.410.750.95
0.910.950.330.90.90.870.980.620.930.750.620.59-0.780.980.970.980.940.33-0.780.850.960.720.50.770.98
0.120.550.330.580.610.070.340.840.470.40.840.85-0.340.40.480.460.560.75-0.340.680.470.75-0.150.470.41
0.680.960.90.580.970.620.890.810.920.830.810.73-0.710.90.940.940.960.4-0.710.950.930.920.480.730.87
0.730.990.90.610.970.640.880.820.950.840.820.76-0.740.930.960.960.990.47-0.740.990.970.940.370.740.91
0.980.730.870.070.620.640.870.240.710.520.240.32-0.70.870.830.830.730.18-0.70.570.810.350.320.50.87
0.910.930.980.340.890.880.870.60.920.740.60.54-0.820.970.960.970.930.31-0.820.830.950.70.560.740.96
0.340.770.620.840.810.820.240.60.750.691.00.91-0.520.640.690.690.770.69-0.520.860.690.920.240.670.65
0.80.960.930.470.920.950.710.920.750.880.750.65-0.750.940.940.950.950.41-0.750.930.950.840.50.730.95
0.60.820.750.40.830.840.520.740.690.880.690.54-0.630.760.790.790.810.34-0.630.820.790.790.370.510.79
0.340.770.620.840.810.820.240.61.00.750.690.91-0.520.640.690.690.770.69-0.520.860.690.920.240.670.65
0.370.730.590.850.730.760.320.540.910.650.540.91-0.50.620.670.660.730.82-0.50.810.670.820.010.580.63
-0.72-0.77-0.78-0.34-0.71-0.74-0.7-0.82-0.52-0.75-0.63-0.52-0.5-0.79-0.79-0.79-0.77-0.331.0-0.68-0.76-0.58-0.33-0.57-0.78
0.920.970.980.40.90.930.870.970.640.940.760.640.62-0.790.990.990.970.37-0.790.890.990.750.420.730.99
0.880.990.970.480.940.960.830.960.690.940.790.690.67-0.790.991.00.990.4-0.790.930.990.820.390.720.97
0.880.990.980.460.940.960.830.970.690.950.790.690.66-0.790.991.00.990.39-0.790.920.990.810.440.750.98
0.81.00.940.560.960.990.730.930.770.950.810.770.73-0.770.970.990.990.44-0.770.970.990.890.390.750.95
0.210.440.330.750.40.470.180.310.690.410.340.690.82-0.330.370.40.390.44-0.330.540.420.52-0.190.390.42
-0.72-0.77-0.78-0.34-0.71-0.74-0.7-0.82-0.52-0.75-0.63-0.52-0.51.0-0.79-0.79-0.79-0.77-0.33-0.68-0.76-0.58-0.33-0.57-0.78
0.660.970.850.680.950.990.570.830.860.930.820.860.81-0.680.890.930.920.970.54-0.680.940.970.320.730.87
0.870.990.960.470.930.970.810.950.690.950.790.690.67-0.760.990.990.990.990.42-0.760.940.830.40.720.97
0.460.890.720.750.920.940.350.70.920.840.790.920.82-0.580.750.820.810.890.52-0.580.970.830.320.690.74
0.380.410.5-0.150.480.370.320.560.240.50.370.240.01-0.330.420.390.440.39-0.19-0.330.320.40.320.40.42
0.570.750.770.470.730.740.50.740.670.730.510.670.58-0.570.730.720.750.750.39-0.570.730.720.690.40.72
0.930.950.980.410.870.910.870.960.650.950.790.650.63-0.780.990.970.980.950.42-0.780.870.970.740.420.72
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TRI Pointe Account Relationship Matchups

TRI Pointe fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding141.4M130.0M113.8M104.0M99.7M115.4M
Total Assets3.9B4.0B4.3B4.7B4.9B3.4B
Short Long Term Debt Total1.3B1.6B1.6B1.4B1.4B1.2B
Other Current Liab51.7M64.2M160.4M390.4M453.5M476.2M
Total Current Liabilities388.2M446.4M550.9M505.4M518.4M343.1M
Total Stockholder Equity2.2B2.2B2.4B2.8B3.0B1.9B
Net Debt955.0M721.7M656.2M488.4M513.6M754.5M
Accounts Payable66.1M79.7M84.9M62.3M64.8M63.5M
Cash329.0M621.3M681.5M889.7M869.0M912.4M
Non Current Assets Total395.0M427.0M483.0M487.0M483.5M344.2M
Non Currrent Assets Other122.5M97.1M77.4M101.8M89.5M64.1M
Cash And Short Term Investments329.0M621.3M681.5M889.7M869.0M912.4M
Net Receivables69.3M63.6M117.0M169.4M224.6M235.9M
Common Stock Total Equity1.4M1.2M1.1M1.0M909K863.6K
Liabilities And Stockholders Equity3.9B4.0B4.3B4.7B4.9B3.4B
Non Current Liabilities Total1.3B1.3B1.3B1.4B1.4B1.2B
Inventory3.1B2.9B3.1B3.2B3.3B2.6B
Total Liab1.7B1.8B1.9B1.9B1.9B1.5B
Total Current Assets3.5B3.6B3.9B4.2B4.4B3.0B
Intangible Assets22.0M22.8M20.8M18.5M157.8M165.7M
Common Stock1.4M1.2M1.1M1.0M955K907.3K
Net Tangible Assets2.0B2.1B2.3B2.7B3.1B1.9B
Noncontrolling Interest In Consolidated Entity605K13K12K4.1M3.7M3.5M
Retained Earnings1.6B1.9B2.4B2.8B3.0B1.6B
Other Assets60.3M332.0M578.6M34.9M1.00.95
Long Term Debt250M1.3B1.3B1.4B1.4B1.1B
Retained Earnings Total Equity1.6B1.9B2.4B2.8B3.3B3.4B
Long Term Debt Total250M1.3B1.3B1.4B1.6B1.1B
Capital Surpluse581.2M345.1M91.1M3.7M3.3M3.2M
Other Current Assets123.6M100.6M135.4M(109.4M)241.8M253.9M
Other Stockholder Equity581.2M345.1M91.1M3.7M3.3M3.2M
Deferred Long Term Liab4.3M3.1M5.4M6.5M7.5M7.9M
Property Plant Equipment108.8M101.3M125.2M63.9M73.5M54.4M
Other Liab124.2M149.7M180.8M169.3M194.7M149.7M
Property Plant And Equipment Net50.9M48.8M73.7M63.9M66.4M43.9M
Current Deferred Revenue20.4M43.6M55.2M42.0M44.0M31.0M
Long Term Investments11.7M75.1M118.1M129.8M131.8M138.4M

Currently Active Assets on Macroaxis

When determining whether TRI Pointe Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TRI Pointe'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 Tri Pointe Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tri Pointe Homes Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TRI Pointe Homes. 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.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Household Durables 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 TRI Pointe. If investors know TRI 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 TRI Pointe 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
0.553
Earnings Share
4.81
Revenue Per Share
47.48
Quarterly Revenue Growth
0.365
Return On Assets
0.0759
The market value of TRI Pointe Homes is measured differently than its book value, which is the value of TRI that is recorded on the company's balance sheet. Investors also form their own opinion of TRI Pointe's value that differs from its market value or its book value, called intrinsic value, which is TRI Pointe'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 TRI Pointe's market value can be influenced by many factors that don't directly affect TRI Pointe'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 TRI Pointe's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRI Pointe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRI Pointe'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.