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 Inventory and its Long Term Debt 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tempur Sealy Interna Inventory account and
Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tempur Sealy's Inventory and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt 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 Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tempur Sealy International are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Tempur Sealy's Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Long Term Debt
Long-term debt is a debt that Tempur Sealy Interna has held for over one year. Long-term debt appears on Tempur Sealy International 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 Tempur Sealy International 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.
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
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