Trinseo Good Will vs Total Current Assets Analysis
TSE Stock | USD 4.18 0.01 0.24% |
Trinseo SA financial indicator trend analysis is much more than just breaking down Trinseo SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trinseo SA is a good investment. Please check the relationship between Trinseo SA Good Will and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinseo SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Trinseo Stock refer to our How to Trade Trinseo Stock guide.
Good Will vs Total Current Assets
Good Will vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinseo SA Good Will account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Trinseo SA's Good Will and Total Current Assets is 0.44. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Trinseo SA, assuming nothing else is changed. The correlation between historical values of Trinseo SA's Good Will and Total Current Assets 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 Trinseo SA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Trinseo SA's Good Will and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Trinseo SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trinseo SA 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 Trinseo SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Trinseo Stock refer to our How to Trade Trinseo Stock guide.As of December 4, 2024, Selling General Administrative is expected to decline to about 293.2 M. In addition to that, Tax Provision is expected to decline to about 40.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 698.9M | 272.3M | 142.3M | 135.2M | Total Revenue | 4.8B | 5.0B | 3.7B | 3.6B |
Trinseo SA fundamental ratios Correlations
Click cells to compare fundamentals
Trinseo SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trinseo SA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 40.7M | 38.6M | 39.6M | 35.9M | 35.3M | 35.1M | |
Total Assets | 2.8B | 2.8B | 4.7B | 3.8B | 3.0B | 3.1B | |
Short Long Term Debt Total | 1.2B | 1.2B | 2.4B | 2.4B | 2.4B | 1.6B | |
Other Current Liab | 197.8M | 140.2M | 216.7M | 191.2M | 158.5M | 190.8M | |
Total Current Liabilities | 527.6M | 533.3M | 914.4M | 689.4M | 672.6M | 516.0M | |
Total Stockholder Equity | 668.9M | 590.3M | 1.0B | 420.3M | (268M) | (254.6M) | |
Property Plant And Equipment Net | 697.2M | 508.9M | 804.3M | 767.2M | 709M | 672.7M | |
Net Debt | 764.4M | 635.7M | 1.8B | 2.2B | 2.1B | 1.2B | |
Accounts Payable | 304.6M | 355.4M | 590.3M | 438.1M | 449.7M | 342.0M | |
Non Current Assets Total | 1.1B | 973.7M | 2.6B | 2.2B | 1.8B | 1.4B | |
Non Currrent Assets Other | (67.5M) | (122.5M) | (77.6M) | (97.3M) | 71.9M | 75.5M | |
Net Receivables | 570.8M | 529.2M | 740.2M | 586M | 490.8M | 502.3M | |
Good Will | 67.7M | 74.2M | 710.1M | 410.4M | 63.8M | 60.6M | |
Liabilities And Stockholders Equity | 2.8B | 2.8B | 4.7B | 3.8B | 3.0B | 3.1B | |
Non Current Liabilities Total | 1.6B | 1.7B | 2.8B | 2.7B | 2.6B | 1.8B | |
Inventory | 438.2M | 384.1M | 621M | 553.6M | 404.7M | 524.6M | |
Other Current Assets | 25.9M | 75.1M | 44.3M | 39.4M | 39.5M | 26.9M | |
Other Stockholder Equity | 49.8M | 36.7M | 418.1M | 286.7M | 304.2M | 281.4M | |
Total Liab | 2.1B | 2.3B | 3.7B | 3.3B | 3.3B | 2.5B | |
Property Plant And Equipment Gross | 697.2M | 601M | 2.3B | 1.9B | 1.5B | 936.2M | |
Total Current Assets | 1.5B | 1.5B | 2.0B | 1.4B | 1.2B | 1.6B | |
Accumulated Other Comprehensive Income | (162.4M) | (186.1M) | (147.2M) | (131.3M) | (129.6M) | (123.1M) | |
Intangible Assets | 191.5M | 182.8M | 823.8M | 772M | 693.9M | 728.6M | |
Retained Earnings | 781M | 739.2M | 741.8M | 264.5M | (443M) | (420.9M) | |
Cash | 456.2M | 588.7M | 573M | 211.7M | 259.1M | 386.4M | |
Cash And Short Term Investments | 456.2M | 588.7M | 573M | 211.7M | 259.1M | 386.4M | |
Short Term Debt | 25.2M | 27.7M | 55.3M | 50.2M | 53.5M | 33.0M | |
Other Liab | 340.7M | 497.2M | 409.9M | 288.7M | 332.0M | 324.4M | |
Other Assets | 123.2M | 354.4M | 147.7M | 164.8M | 189.5M | 143.0M | |
Long Term Debt | 1.2B | 1.2B | 2.3B | 2.3B | 2.3B | 1.6B | |
Property Plant Equipment | 625.8M | 936.7M | 2.3B | 1.9B | 2.2B | 2.4B | |
Net Tangible Assets | 409.7M | 333.3M | 1.0B | (762.1M) | (685.9M) | (651.6M) | |
Retained Earnings Total Equity | 753.2M | 781M | 739.2M | 741.8M | 853.1M | 499.3M | |
Long Term Debt Total | 1.2B | 1.2B | 2.3B | 2.3B | 2.6B | 1.6B | |
Capital Surpluse | 574.7M | 579.6M | 468.1M | 486.7M | 438.0M | 439.2M | |
Deferred Long Term Liab | 41.5M | 60.7M | 103.2M | 67.5M | 77.6M | 54.7M |
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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.When determining whether Trinseo SA is a strong investment it is important to analyze Trinseo SA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trinseo SA's future performance. For an informed investment choice regarding Trinseo Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinseo SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Trinseo Stock refer to our How to Trade Trinseo Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinseo SA. If investors know Trinseo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinseo SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.04 | Earnings Share (13.99) | Revenue Per Share 99.554 | Quarterly Revenue Growth (0.01) |
The market value of Trinseo SA is measured differently than its book value, which is the value of Trinseo that is recorded on the company's balance sheet. Investors also form their own opinion of Trinseo SA's value that differs from its market value or its book value, called intrinsic value, which is Trinseo SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinseo SA's market value can be influenced by many factors that don't directly affect Trinseo SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinseo SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinseo SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinseo SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.