TSLX Stock | | | USD 21.10 0.04 0.19% |
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 Total Revenue and its Net Receivables 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.
Total Revenue vs Net Receivables
Total Revenue vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sixth Street Specialty Total Revenue account and
Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sixth Street's Total Revenue and Net Receivables is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables 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 Total Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Sixth Street Specialty are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Sixth Street's Total Revenue and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Sixth Street Specialty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Receivables
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 224.0M | 72.5M | 438.1M | 460.0M | Total Revenue | 224.0M | 136.5M | 438.1M | 460.0M |
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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