Trio Cash Conversion Cycle vs Cash Per Share Analysis
TRT Stock | USD 5.91 0.23 3.75% |
Trio Tech financial indicator trend analysis is much more than just breaking down Trio Tech International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trio Tech International is a good investment. Please check the relationship between Trio Tech Cash Conversion Cycle and its Cash Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Tech 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 metropolitan statistical area.
Cash Conversion Cycle vs Cash Per Share
Cash Conversion Cycle vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trio Tech International Cash Conversion Cycle account and Cash Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Trio Tech's Cash Conversion Cycle and Cash Per Share is 0.02. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Trio Tech International, assuming nothing else is changed. The correlation between historical values of Trio Tech's Cash Conversion Cycle and Cash Per Share 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 Conversion Cycle of Trio Tech International are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Cash Conversion Cycle i.e., Trio Tech's Cash Conversion Cycle and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash Conversion Cycle
Cash Per Share
Most indicators from Trio Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trio Tech International 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 Trio Tech 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 metropolitan statistical area. At this time, Trio Tech's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 5.09 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | |
Gross Profit | 11.7M | 11.7M | 10.8M | 9.2M |
Total Revenue | 44.1M | 43.3M | 42.3M | 33.8M |
Trio Tech fundamental ratios Correlations
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Trio Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trio Tech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 3.7M | 3.8M | 4.2M | 4.2M | 4.3M | 3.7M | |
Total Assets | 35.7M | 38.3M | 43.4M | 42.2M | 42.5M | 32.0M | |
Short Long Term Debt Total | 4.1M | 4.5M | 6.1M | 4.1M | 2.9M | 3.8M | |
Other Current Liab | 2.8M | 2.7M | 5.0M | 4.2M | 3.6M | 2.9M | |
Total Current Liabilities | 7.2M | 8.8M | 11.9M | 9.3M | 9.4M | 9.0M | |
Total Stockholder Equity | 24.0M | 25.6M | 27.9M | 29.4M | 31.3M | 18.3M | |
Property Plant And Equipment Net | 11.3M | 11.4M | 11.6M | 11.0M | 7.8M | 9.7M | |
Net Debt | (41K) | (1.4M) | (1.6M) | (3.5M) | (7.2M) | (6.8M) | |
Retained Earnings | 8.0M | 6.8M | 9.2M | 10.8M | 11.8M | 12.4M | |
Accounts Payable | 2.6M | 3.7M | 2.4M | 1.7M | 3.2M | 3.0M | |
Cash | 4.2M | 5.8M | 7.7M | 7.6M | 10.0M | 10.5M | |
Non Current Assets Total | 15.5M | 14.3M | 14.2M | 13.4M | 10.4M | 13.0M | |
Non Currrent Assets Other | 4.0M | 2.7M | 2.4M | 2.3M | 2.4M | 2.3M | |
Cash And Short Term Investments | 10.8M | 12.5M | 13.1M | 14.2M | 16.5M | 17.4M | |
Net Receivables | 6.9M | 9.0M | 12.6M | 10.8M | 11.2M | 8.2M | |
Liabilities And Stockholders Equity | 35.7M | 38.3M | 43.4M | 42.2M | 42.5M | 32.0M | |
Non Current Liabilities Total | 3.3M | 3.5M | 3.5M | 3.3M | 1.5M | 2.5M | |
Inventory | 1.9M | 2.1M | 2.3M | 2.2M | 3.2M | 2.1M | |
Other Current Assets | 341K | 418K | 1.2M | 1.7M | 1.3M | 1.3M | |
Other Stockholder Equity | 3.4M | 4.2M | 4.7M | 5.1M | 5.5M | 3.4M | |
Total Liab | 10.5M | 12.3M | 15.4M | 12.6M | 11.0M | 11.6M | |
Total Current Assets | 20.2M | 24.0M | 29.2M | 28.8M | 32.2M | 19.0M | |
Short Term Debt | 1.3M | 1.4M | 2.7M | 1.7M | 1.5M | 1.9M | |
Property Plant And Equipment Gross | 11.3M | 11.8M | 11.6M | 45.5M | 41.7M | 43.8M | |
Accumulated Other Comprehensive Income | 1.1M | 2.4M | 1.2M | 758K | 660K | 1.0M | |
Short Term Investments | 6.7M | 6.7M | 5.4M | 6.6M | 6.5M | 6.8M | |
Other Assets | 4.2M | 2.9M | 2.6M | 1.9M | 2.2M | 3.1M | |
Long Term Debt | 1.9M | 1.6M | 1.3M | 877K | 613K | 582.4K | |
Property Plant Equipment | 11.3M | 11.4M | 11.6M | 11.4M | 13.1M | 10.9M | |
Current Deferred Revenue | 594K | 740K | 998K | 1.3M | 754K | 1.0M | |
Other Liab | 466K | 416K | 165K | 859K | 987.9K | 1.0M | |
Net Tangible Assets | 24.0M | 25.6M | 27.9M | 29.4M | 33.8M | 25.6M | |
Retained Earnings Total Equity | 5.5M | 7.1M | 8.0M | 6.8M | 7.8M | 4.4M | |
Long Term Debt Total | 2.3M | 1.6M | 1.4M | 919K | 827.1K | 785.7K | |
Capital Surpluse | 3.4M | 4.2M | 4.7M | 5.1M | 5.8M | 3.8M |
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When running Trio Tech's price analysis, check to measure Trio Tech'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 Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.