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

JavaScript chart by amCharts 3.21.152014201620182020202220246065707580859095 11.21.41.61.822.22.42.62.833.23.43.63.84
JavaScript chart by amCharts 3.21.15Cash Conversion Cycletotal: 903.5074609797545Cash Per Sharetotal: 30.26586638523582

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.
Cash Conversion CycleCash Per ShareDiversified AwayCash Conversion CycleCash Per ShareDiversified Away100%
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 DirectionPositive 
Relationship StrengthInsignificant

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 Profit11.7M11.7M10.8M9.2M
Total Revenue44.1M43.3M42.3M33.8M

Trio Tech fundamental ratios Correlations

-0.41-0.750.1-0.58-0.17-0.87-0.450.07-0.730.14-0.92-0.60.22-0.43-0.54-0.040.360.96-0.630.08-0.650.17-0.380.48-0.38
-0.410.390.630.650.940.57-0.240.670.340.560.420.270.550.810.440.630.44-0.240.660.850.210.370.940.260.96
-0.750.390.260.870.070.810.7-0.270.64-0.320.830.63-0.40.670.63-0.01-0.21-0.710.89-0.050.93-0.280.19-0.570.22
0.10.630.260.550.580.24-0.20.42-0.150.420.080.080.350.660.250.390.580.170.520.650.160.270.470.160.54
-0.580.650.870.550.370.660.320.110.640.10.640.48-0.030.90.520.40.17-0.490.970.350.820.060.46-0.310.48
-0.170.940.070.580.370.32-0.480.790.090.680.150.050.710.620.220.610.520.010.370.94-0.110.470.960.480.96
-0.870.570.810.240.660.320.48-0.040.57-0.150.960.7-0.20.520.750.03-0.27-0.840.760.070.62-0.250.44-0.430.47
-0.45-0.240.7-0.20.32-0.480.48-0.820.39-0.90.590.51-0.890.080.45-0.44-0.66-0.510.39-0.60.68-0.71-0.41-0.75-0.42
0.070.67-0.270.420.110.79-0.04-0.82-0.110.93-0.21-0.230.970.340.00.610.760.180.090.85-0.380.750.740.780.78
-0.730.340.64-0.150.640.090.570.39-0.11-0.130.640.54-0.230.490.470.41-0.35-0.690.660.00.61-0.210.27-0.420.21
0.140.56-0.320.420.10.68-0.15-0.90.93-0.13-0.27-0.290.930.3-0.220.580.750.250.020.77-0.340.770.660.650.69
-0.920.420.830.080.640.150.960.59-0.210.64-0.270.76-0.380.440.62-0.04-0.42-0.910.7-0.120.73-0.30.32-0.620.33
-0.60.270.630.080.480.050.70.51-0.230.54-0.290.76-0.330.250.560.05-0.31-0.620.56-0.140.54-0.190.16-0.440.14
0.220.55-0.40.35-0.030.71-0.2-0.890.97-0.230.93-0.38-0.330.2-0.120.530.770.35-0.060.81-0.510.730.640.870.68
-0.430.810.670.660.90.620.520.080.340.490.30.440.250.20.460.50.41-0.270.860.630.570.260.66-0.070.68
-0.540.440.630.250.520.220.750.450.00.47-0.220.620.56-0.120.460.12-0.09-0.550.720.120.35-0.260.21-0.120.27
-0.040.63-0.010.390.40.610.03-0.440.610.410.58-0.040.050.530.50.120.40.040.360.71-0.030.40.570.330.54
0.360.44-0.210.580.170.52-0.27-0.660.76-0.350.75-0.42-0.310.770.41-0.090.40.480.110.72-0.230.860.410.680.47
0.96-0.24-0.710.17-0.490.01-0.84-0.510.18-0.690.25-0.91-0.620.35-0.27-0.550.040.48-0.560.26-0.630.3-0.20.57-0.2
-0.630.660.890.520.970.370.760.390.090.660.020.70.56-0.060.860.720.360.11-0.560.320.77-0.030.43-0.290.47
0.080.85-0.050.650.350.940.07-0.60.850.00.77-0.12-0.140.810.630.120.710.720.260.32-0.190.580.840.640.86
-0.650.210.930.160.82-0.110.620.68-0.380.61-0.340.730.54-0.510.570.35-0.03-0.23-0.630.77-0.19-0.230.04-0.710.04
0.170.37-0.280.270.060.47-0.25-0.710.75-0.210.77-0.3-0.190.730.26-0.260.40.860.3-0.030.58-0.230.450.560.48
-0.380.940.190.470.460.960.44-0.410.740.270.660.320.160.640.660.210.570.41-0.20.430.840.040.450.330.99
0.480.26-0.570.16-0.310.48-0.43-0.750.78-0.420.65-0.62-0.440.87-0.07-0.120.330.680.57-0.290.64-0.710.560.330.36
-0.380.960.220.540.480.960.47-0.420.780.210.690.330.140.680.680.270.540.47-0.20.470.860.040.480.990.36
Click cells to compare fundamentals

Trio Tech Account Relationship Matchups

Trio Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.7M3.8M4.2M4.2M4.3M3.7M
Total Assets35.7M38.3M43.4M42.2M42.5M32.0M
Short Long Term Debt Total4.1M4.5M6.1M4.1M2.9M3.8M
Other Current Liab2.8M2.7M5.0M4.2M3.6M2.9M
Total Current Liabilities7.2M8.8M11.9M9.3M9.4M9.0M
Total Stockholder Equity24.0M25.6M27.9M29.4M31.3M18.3M
Property Plant And Equipment Net11.3M11.4M11.6M11.0M7.8M9.7M
Net Debt(41K)(1.4M)(1.6M)(3.5M)(7.2M)(6.8M)
Retained Earnings8.0M6.8M9.2M10.8M11.8M12.4M
Accounts Payable2.6M3.7M2.4M1.7M3.2M3.0M
Cash4.2M5.8M7.7M7.6M10.0M10.5M
Non Current Assets Total15.5M14.3M14.2M13.4M10.4M13.0M
Non Currrent Assets Other4.0M2.7M2.4M2.3M2.4M2.3M
Cash And Short Term Investments10.8M12.5M13.1M14.2M16.5M17.4M
Net Receivables6.9M9.0M12.6M10.8M11.2M8.2M
Liabilities And Stockholders Equity35.7M38.3M43.4M42.2M42.5M32.0M
Non Current Liabilities Total3.3M3.5M3.5M3.3M1.5M2.5M
Inventory1.9M2.1M2.3M2.2M3.2M2.1M
Other Current Assets341K418K1.2M1.7M1.3M1.3M
Other Stockholder Equity3.4M4.2M4.7M5.1M5.5M3.4M
Total Liab10.5M12.3M15.4M12.6M11.0M11.6M
Total Current Assets20.2M24.0M29.2M28.8M32.2M19.0M
Short Term Debt1.3M1.4M2.7M1.7M1.5M1.9M
Property Plant And Equipment Gross11.3M11.8M11.6M45.5M41.7M43.8M
Accumulated Other Comprehensive Income1.1M2.4M1.2M758K660K1.0M
Short Term Investments6.7M6.7M5.4M6.6M6.5M6.8M
Other Assets4.2M2.9M2.6M1.9M2.2M3.1M
Long Term Debt1.9M1.6M1.3M877K613K582.4K
Property Plant Equipment11.3M11.4M11.6M11.4M13.1M10.9M
Current Deferred Revenue594K740K998K1.3M754K1.0M
Other Liab466K416K165K859K987.9K1.0M
Net Tangible Assets24.0M25.6M27.9M29.4M33.8M25.6M
Retained Earnings Total Equity5.5M7.1M8.0M6.8M7.8M4.4M
Long Term Debt Total2.3M1.6M1.4M919K827.1K785.7K
Capital Surpluse3.4M4.2M4.7M5.1M5.8M3.8M

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