TRY Common Stock vs Accounts Payable Analysis
TRY Stock | 318.00 2.00 0.63% |
TR Property financial indicator trend analysis is much more than just breaking down TR Property Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TR Property Investment is a good investment. Please check the relationship between TR Property Common Stock and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TR Property Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TR Property Investment Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between TR Property's Common Stock and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of TR Property Investment, assuming nothing else is changed. The correlation between historical values of TR Property's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of TR Property Investment are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., TR Property's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents TR Property obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TR Property Investment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from TR Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TR Property Investment 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 TR Property Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 2.8 M, whereas Tax Provision is forecasted to decline to about 1.9 M.
TR Property fundamental ratios Correlations
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TR Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TR Property fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.5B | 1.7B | 1.1B | 1.2B | 957.3M | |
Total Stockholder Equity | 1.1B | 1.3B | 1.6B | 968.3M | 1.1B | 864.7M | |
Retained Earnings | 970.0M | 1.2B | 1.4B | 801.9M | 61.8M | 58.7M | |
Cash | 40.1M | 29.1M | 32.1M | 36.1M | 19.1M | 18.8M | |
Other Assets | 60.1M | 61.7M | 98.6M | 66.2M | (1.1B) | (1.1B) | |
Long Term Debt | 58.9M | 58.1M | 59.2M | 57.6M | 66.2M | 41.6M | |
Total Liab | 119.1M | 164.9M | 123.4M | 82.6M | 74.9M | 92.6M | |
Accounts Payable | 6.0M | 194K | 5.4M | 8.5M | 5.6M | 5.3M | |
Short Long Term Debt Total | 99.2M | 152.6M | 92.3M | 68.9M | 57.7M | 80.1M | |
Other Current Liab | 33.8M | 94.8M | 29.6M | 762K | (6.0M) | (6.3M) | |
Total Current Liabilities | 6.0M | 194K | 5.4M | 8.5M | 6.0M | 5.7M | |
Net Debt | 59.1M | 123.5M | 60.1M | 32.9M | 38.6M | 27.5M | |
Non Current Assets Total | 1.2B | 1.4B | 1.6B | 948.7M | 2.3B | 2.4B | |
Cash And Short Term Investments | 40.1M | 29.1M | 32.1M | 36.1M | 19.1M | 22.1M | |
Net Receivables | 60.1M | 61.0M | 97.7M | 65.3M | 4.1M | 3.9M | |
Liabilities And Stockholders Equity | 1.3B | 1.5B | 1.7B | 1.1B | 1.2B | 1.1B | |
Non Current Liabilities Total | 59.2M | 57.6M | 57.3M | 58.9M | 57.7M | 51.5M | |
Total Current Assets | 40.1M | 29.1M | 32.1M | 36.1M | 23.3M | 31.9M | |
Other Current Assets | (95.1M) | (84.9M) | (121.9M) | (95.2M) | (72.1M) | (68.5M) | |
Net Tangible Assets | 1.1B | 1.3B | 1.6B | 968.3M | 1.1B | 1.3B | |
Long Term Investments | 1.2B | 1.4B | 1.6B | 948.7M | 1.1B | 1.3B | |
Inventory | 35.0M | 23.9M | 24.2M | 29.9M | 72.1M | 43.4M | |
Net Invested Capital | 1.2B | 1.5B | 1.7B | 1.0B | 1.2B | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TRY Stock
Balance Sheet is a snapshot of the financial position of TR Property Investment at a specified time, usually calculated after every quarter, six months, or one year. TR Property Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TR Property and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TRY currently owns. An asset can also be divided into two categories, current and non-current.