| TSLX Stock | | | USD 21.19 0.25 1.19% |
Sixth Street financial indicator trend analysis is much more than just breaking down Sixth Street Specialty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sixth Street Specialty is a good investment. Please check the relationship between Sixth Street Accounts Payable and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. 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.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sixth Street Specialty Accounts Payable account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sixth Street's Accounts Payable and Cash And Short Term Investments is -0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Sixth Street Specialty, assuming nothing else is changed. The correlation between historical values of Sixth Street's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sixth Street Specialty are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Sixth Street's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Sixth Street 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 Sixth Street Specialty 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sixth Street Specialty balance sheet. This account contains Sixth Street investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sixth Street Specialty fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Sixth Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sixth Street Specialty 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 Sixth Street Specialty. 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.
At this time, Sixth Street's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 3.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 3.2
M in 2024.
Sixth Street fundamental ratios Correlations
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Sixth Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sixth Street fundamental ratios Accounts
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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.
Additional Tools for Sixth Stock Analysis
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measure Sixth Street'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 Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to
predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.