TTM Common Stock Total Equity vs Total Current Liabilities Analysis
TTMI Stock | USD 24.38 0.24 0.99% |
TTM Technologies financial indicator trend analysis is much more than just breaking down TTM Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTM Technologies is a good investment. Please check the relationship between TTM Technologies Common Stock Total Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTM Technologies Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TTM Technologies' Common Stock Total Equity and Total Current Liabilities is -0.69. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of TTM Technologies, assuming nothing else is changed. The correlation between historical values of TTM Technologies' Common Stock Total Equity and Total Current Liabilities 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 Total Equity of TTM Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., TTM Technologies' Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Current Liabilities
Total Current Liabilities is an item on TTM Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TTM Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from TTM Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTM Technologies 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 TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.As of now, TTM Technologies' Tax Provision is increasing as compared to previous years. The TTM Technologies' current Enterprise Value is estimated to increase to about 519.6 M, while Selling General Administrative is projected to decrease to under 90.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 45.5M | 45.5M | 48.1M | 38.7M | Depreciation And Amortization | 127.3M | 133.9M | 160.7M | 168.8M |
TTM Technologies fundamental ratios Correlations
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TTM Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TTM Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 2.9B | 3.0B | 3.3B | 3.3B | 1.7B | |
Short Long Term Debt Total | 1.5B | 847.1M | 964.4M | 962.6M | 1.0B | 592.1M | |
Other Current Liab | 209.3M | 190.9M | 168.3M | 210.1M | 225.5M | 207.1M | |
Total Current Liabilities | 946.7M | 518.0M | 558.1M | 761.3M | 704.0M | 397.8M | |
Total Stockholder Equity | 1.3B | 1.4B | 1.5B | 1.5B | 1.5B | 757.1M | |
Property Plant And Equipment Net | 1.0B | 674.8M | 686.6M | 743.1M | 894.0M | 568.6M | |
Net Debt | 1.1B | 391.3M | 426.8M | 559.9M | 569.6M | 361.5M | |
Retained Earnings | 474.3M | 651.8M | 706.3M | 800.8M | 782.1M | 821.2M | |
Accounts Payable | 483.6M | 327.1M | 361.5M | 361.8M | 334.6M | 205.9M | |
Cash | 400.2M | 451.6M | 537.7M | 402.7M | 450.2M | 230.5M | |
Non Current Assets Total | 2.2B | 1.6B | 1.6B | 1.8B | 1.9B | 1.0B | |
Non Currrent Assets Other | 64.4M | 53.8M | 54.3M | 39.0M | 60.6M | 43.2M | |
Cash And Short Term Investments | 400.2M | 451.6M | 537.7M | 402.7M | 450.2M | 233.3M | |
Net Receivables | 791.9M | 654.4M | 711.2M | 878.3M | 712.3M | 748.0M | |
Common Stock Total Equity | 104K | 106K | 107K | 108K | 110K | 94.1K | |
Common Stock Shares Outstanding | 106.3M | 106.4M | 108.2M | 103.9M | 102.7M | 80.1M | |
Liabilities And Stockholders Equity | 3.6B | 2.9B | 3.0B | 3.3B | 3.3B | 1.7B | |
Non Current Liabilities Total | 1.3B | 933.9M | 1.0B | 1.0B | 1.1B | 576.1M | |
Inventory | 122.0M | 115.7M | 127.6M | 170.6M | 213.1M | 119.1M | |
Other Current Assets | 1.2B | 27.2M | 30.9M | 41.4M | 54.1M | 51.4M | |
Other Stockholder Equity | 814.7M | 831.0M | 776.3M | 759.4M | 757.9M | 504.3M | |
Total Liab | 2.3B | 1.5B | 1.6B | 1.8B | 1.8B | 973.3M | |
Property Plant And Equipment Gross | 1.0B | 650.4M | 1.4B | 1.6B | 1.8B | 1.8B | |
Total Current Assets | 1.3B | 1.2B | 1.4B | 1.5B | 1.4B | 739.3M | |
Accumulated Other Comprehensive Income | (10.1M) | (38.9M) | (27.3M) | (24.8M) | (29.1M) | (27.6M) | |
Short Term Debt | 250.0M | 4.3M | 7.1M | 57.4M | 11.9M | 11.3M | |
Intangible Assets | 332.0M | 281.3M | 239.9M | 288.0M | 236.7M | 133.3M | |
Common Stock | 106K | 107K | 108K | 110K | 111K | 105.5K | |
Other Assets | 64.4M | 27.2M | 3.0B | 39.0M | 44.9M | 42.6M | |
Long Term Debt | 1.2B | 842.9M | 927.8M | 879.4M | 914.3M | 598.2M | |
Property Plant Equipment | 1.0B | 650.4M | 686.6M | 724.2M | 832.8M | 570.8M | |
Other Liab | 80.7M | 91.0M | 84.2M | 121.5M | 139.7M | 146.7M | |
Good Will | 767.0M | 774.8M | 637.3M | 760.4M | 702.7M | 737.9M | |
Current Deferred Revenue | 3.8M | 4.3M | 14.2M | 104.0M | 126.5M | 132.8M | |
Net Tangible Assets | 172.2M | 525.4M | 1.5B | 487.1M | 560.2M | 586.9M | |
Retained Earnings Total Equity | 474.3M | 651.8M | 706.3M | 800.8M | 921.0M | 967.0M | |
Long Term Debt Total | 1.2B | 842.9M | 927.8M | 879.4M | 1.0B | 918.1M |
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When determining whether TTM Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTM Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ttm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttm Technologies Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electronic Equipment, Instruments & Components 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 TTM Technologies. If investors know TTM 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 TTM Technologies 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 2.765 | Earnings Share 0.66 | Revenue Per Share 23.176 | Quarterly Revenue Growth 0.077 | Return On Assets 0.0288 |
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' 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 TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' 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 TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' 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.