TPX Stock | | | USD 55.81 0.22 0.39% |
Tempur Sealy financial indicator trend analysis is much more than just breaking down Tempur Sealy Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tempur Sealy Interna is a good investment. Please check the relationship between Tempur Sealy Good Will and its Long Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tempur Sealy International. 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.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tempur Sealy Interna Good Will account and
Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tempur Sealy's Good Will and Long Term Investments is 0.68. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Tempur Sealy International, assuming nothing else is changed. The correlation between historical values of Tempur Sealy's Good Will and Long 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 Good Will of Tempur Sealy International are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Tempur Sealy's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Long Term Investments
Long Term Investments is an item on the asset side of Tempur Sealy balance sheet that represents investments Tempur Sealy Interna intends to hold for over a year. Tempur Sealy International long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Tempur Sealy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tempur Sealy Interna 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 Tempur Sealy International. 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.
At this time, Tempur Sealy's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 111.1
M in 2024, whereas
Discontinued Operations is likely to drop (483
K) in 2024.
Tempur Sealy fundamental ratios Correlations
Click cells to compare fundamentals
Tempur Sealy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tempur Sealy fundamental ratios Accounts
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Additional Tools for Tempur Stock Analysis
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measure Tempur Sealy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tempur Sealy is operating at the current time. Most of Tempur Sealy's value examination focuses on studying past and present price action to
predict the probability of Tempur Sealy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tempur Sealy's price. Additionally, you may evaluate how the addition of Tempur Sealy to your portfolios can decrease your overall portfolio volatility.