TVS Common Stock Shares Outstanding vs Intangible Assets Analysis

TVSELECT   343.15  6.70  1.99%   
TVS Electronics financial indicator trend analysis is much more than just breaking down TVS Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TVS Electronics is a good investment. Please check the relationship between TVS Electronics Common Stock Shares Outstanding and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TVS Electronics Limited. 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 Shares Outstanding vs Intangible Assets

Common Stock Shares Outstanding vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TVS Electronics Common Stock Shares Outstanding account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TVS Electronics' Common Stock Shares Outstanding and Intangible Assets is -0.23. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of TVS Electronics Limited, assuming nothing else is changed. The correlation between historical values of TVS Electronics' Common Stock Shares Outstanding and Intangible 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 Common Stock Shares Outstanding of TVS Electronics Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., TVS Electronics' Common Stock Shares Outstanding and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from TVS Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TVS Electronics 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 TVS Electronics Limited. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 95.4 M. The current year's Tax Provision is expected to grow to about (9 M)
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.7B1.8B1.0B
Total Revenue3.1B3.5B3.7B6.1B

TVS Electronics fundamental ratios Correlations

-0.42-0.081.00.3-0.19-0.570.250.990.890.00.490.990.210.0-0.311.00.87-0.310.991.00.160.02-0.02-0.390.18
-0.42-0.07-0.37-0.620.280.95-0.57-0.44-0.490.69-0.66-0.42-0.12-0.430.5-0.45-0.520.06-0.36-0.47-0.140.010.760.84-0.21
-0.08-0.07-0.140.50.620.010.66-0.15-0.220.130.59-0.140.60.780.26-0.130.25-0.15-0.13-0.090.610.33-0.16-0.35-0.37
1.0-0.37-0.140.21-0.23-0.530.161.00.890.020.410.990.14-0.08-0.311.00.83-0.271.00.990.090.020.02-0.320.19
0.3-0.620.50.210.14-0.640.880.230.32-0.160.820.250.620.72-0.440.250.59-0.60.20.310.640.17-0.44-0.850.06
-0.190.280.62-0.230.140.370.44-0.25-0.410.10.18-0.180.750.440.64-0.230.080.03-0.21-0.190.74-0.44-0.10.06-0.2
-0.570.950.01-0.53-0.640.37-0.57-0.59-0.630.55-0.68-0.57-0.1-0.380.57-0.59-0.60.18-0.51-0.61-0.11-0.070.60.88-0.19
0.25-0.570.660.160.880.44-0.570.190.18-0.230.880.220.730.87-0.110.210.56-0.430.160.270.73-0.01-0.49-0.83-0.05
0.99-0.44-0.151.00.23-0.25-0.590.190.89-0.060.441.00.13-0.05-0.321.00.84-0.240.990.990.080.0-0.04-0.370.16
0.89-0.49-0.220.890.32-0.41-0.630.180.890.040.440.87-0.03-0.12-0.440.880.78-0.310.880.88-0.050.090.0-0.420.33
0.00.690.130.02-0.160.10.55-0.23-0.060.04-0.24-0.070.03-0.290.09-0.06-0.08-0.330.02-0.080.020.40.910.340.08
0.49-0.660.590.410.820.18-0.680.880.440.44-0.240.450.570.84-0.20.460.69-0.480.410.510.560.2-0.43-0.84-0.03
0.99-0.42-0.140.990.25-0.18-0.570.221.00.87-0.070.450.18-0.03-0.281.00.85-0.250.991.00.14-0.06-0.07-0.360.17
0.21-0.120.60.140.620.75-0.10.730.13-0.030.030.570.180.640.090.150.45-0.390.150.210.99-0.27-0.23-0.40.02
0.0-0.430.78-0.080.720.44-0.380.87-0.05-0.12-0.290.84-0.030.640.04-0.030.29-0.35-0.070.030.650.17-0.47-0.67-0.23
-0.310.50.26-0.31-0.440.640.57-0.11-0.32-0.440.09-0.2-0.280.090.04-0.32-0.280.4-0.27-0.320.08-0.340.130.43-0.34
1.0-0.45-0.131.00.25-0.23-0.590.211.00.88-0.060.461.00.15-0.03-0.320.84-0.250.991.00.11-0.01-0.06-0.380.2
0.87-0.520.250.830.590.08-0.60.560.840.78-0.080.690.850.450.29-0.280.84-0.360.830.870.430.01-0.24-0.56-0.06
-0.310.06-0.15-0.27-0.60.030.18-0.43-0.24-0.31-0.33-0.48-0.25-0.39-0.350.4-0.25-0.36-0.26-0.29-0.36-0.3-0.260.36-0.16
0.99-0.36-0.131.00.2-0.21-0.510.160.990.880.020.410.990.15-0.07-0.270.990.83-0.260.990.10.00.03-0.310.18
1.0-0.47-0.090.990.31-0.19-0.610.270.990.88-0.080.511.00.210.03-0.321.00.87-0.290.990.16-0.01-0.09-0.420.17
0.16-0.140.610.090.640.74-0.110.730.08-0.050.020.560.140.990.650.080.110.43-0.360.10.16-0.26-0.26-0.420.02
0.020.010.330.020.17-0.44-0.07-0.010.00.090.40.2-0.06-0.270.17-0.34-0.010.01-0.30.0-0.01-0.260.37-0.17-0.26
-0.020.76-0.160.02-0.44-0.10.6-0.49-0.040.00.91-0.43-0.07-0.23-0.470.13-0.06-0.24-0.260.03-0.09-0.260.370.510.05
-0.390.84-0.35-0.32-0.850.060.88-0.83-0.37-0.420.34-0.84-0.36-0.4-0.670.43-0.38-0.560.36-0.31-0.42-0.42-0.170.51-0.14
0.18-0.21-0.370.190.06-0.2-0.19-0.050.160.330.08-0.030.170.02-0.23-0.340.2-0.06-0.160.180.170.02-0.260.05-0.14
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TVS Electronics Account Relationship Matchups

TVS Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B2.0B2.2B2.4B2.1B
Other Current Liab89.4M194.9M299.3M331.5M324.3M340.5M
Total Current Liabilities899.8M830.1M1.1B1.1B1.3B1.2B
Total Stockholder Equity806.2M817.9M926.1M1.0B987.9M553.0M
Property Plant And Equipment Net216.3M141.1M137.5M228.1M424.7M445.9M
Net Debt125.5M(14.1M)(15.3M)45.8M386.7M309.3M
Retained Earnings426.6M428.5M537.5M631.1M599.1M629.1M
Accounts Payable504.7M573.7M679.4M622.2M694.3M906.1M
Cash138.4M80.8M103.6M90.8M17.7M16.8M
Non Current Assets Total693.5M636.1M558.4M669.4M664.5M647.1M
Cash And Short Term Investments145.2M251.4M448.3M322.9M294.3M309.0M
Net Receivables481.2M340.8M427.2M535.3M735.2M689.2M
Common Stock Shares Outstanding18.8M18.6M18.6M18.7M21.4M19.9M
Short Term Investments6.8M170.6M344.7M232.1M276.6M290.4M
Liabilities And Stockholders Equity1.8B1.7B2.0B2.2B2.4B2.1B
Non Current Liabilities Total76.9M49.5M44.9M103.2M159.7M289.0M
Inventory306.7M369.6M469.2M619.4M551.3M574.5M
Other Current Assets157M111.1M124.2M157.2M197.5M123.0M
Other Stockholder Equity149.2M149.2M184.2M152.5M137.3M221.2M
Total Liab976.7M879.6M1.1B1.2B1.5B1.6B
Total Current Assets1.1B1.1B1.5B1.5B1.8B1.5B
Accumulated Other Comprehensive Income40.6M50.4M49.5M48M49.8M52.3M
Non Currrent Assets Other100K472M606.4M499.1M76.4M72.6M
Intangible Assets167.2M180M139.2M145.4M147M176.9M
Short Term Debt204.1M1.5M61.5M47M249.3M210.0M
Current Deferred Revenue101.6M109.5M66M90.4M27.3M25.9M
Other Liab39M17.1M14.3M18.1M16.3M29.3M
Net Tangible Assets677.5M639M637.9M786.9M904.9M553.1M
Other Assets298.7M304M271.8M270.2M200K190K
Property Plant Equipment216.4M141.1M137.6M228.1M262.3M180.5M
Long Term Debt Total59.8M35.2M26.8M89.6M103.0M108.2M
Cash And Equivalents50M0.02.3M90.8M81.7M68.7M
Net Invested Capital950.5M817.9M963.7M1.1B1.4B1.1B
Net Working Capital189.6M231.3M412.6M451.8M483.3M347.9M

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Other Information on Investing in TVS Stock

Balance Sheet is a snapshot of the financial position of TVS Electronics at a specified time, usually calculated after every quarter, six months, or one year. TVS Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TVS Electronics 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 TVS currently owns. An asset can also be divided into two categories, current and non-current.