Thunder Other Non Cash Items vs Change To Liabilities Analysis

300496 Stock   52.82  3.17  5.66%   
Thunder Software financial indicator trend analysis is much more than just breaking down Thunder Software Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Software Tec is a good investment. Please check the relationship between Thunder Software Other Non Cash Items and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunder Software Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Non Cash Items vs Change To Liabilities

Other Non Cash Items vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Software Tec Other Non Cash Items account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Thunder Software's Other Non Cash Items and Change To Liabilities is 0.42. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Thunder Software Technology, assuming nothing else is changed. The correlation between historical values of Thunder Software's Other Non Cash Items and Change To 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 Other Non Cash Items of Thunder Software Technology are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Other Non Cash Items i.e., Thunder Software's Other Non Cash Items and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Non Cash Items

Change To Liabilities

Most indicators from Thunder Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunder Software Tec 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunder Software Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 398.6 M. The current year's Tax Provision is expected to grow to about 35.1 M
 2022 2023 2024 2025 (projected)
Operating Income764.9M429.8M494.3M281.1M
Total Revenue5.4B5.2B6.0B6.3B

Thunder Software fundamental ratios Correlations

0.070.890.91.00.98-0.951.00.990.990.82-0.390.991.00.980.990.891.0-0.020.990.70.990.990.980.060.89
0.07-0.130.47-0.010.060.110.030.010.15-0.110.460.010.1-0.01-0.080.520.030.980.050.580.050.160.03-0.110.26
0.89-0.130.70.90.83-0.890.890.910.860.69-0.220.910.880.890.910.70.9-0.260.920.550.830.850.83-0.160.63
0.90.470.70.870.88-0.770.880.860.930.71-0.170.860.910.860.821.00.880.40.880.860.880.920.860.040.93
1.0-0.010.90.870.98-0.971.00.990.980.82-0.440.990.990.981.00.841.0-0.10.980.650.980.980.980.070.87
0.980.060.830.880.98-0.940.980.960.980.79-0.480.960.980.960.970.860.98-0.010.950.651.00.991.00.130.89
-0.950.11-0.89-0.77-0.97-0.94-0.95-0.97-0.91-0.770.41-0.97-0.94-0.93-0.97-0.75-0.970.2-0.92-0.63-0.94-0.92-0.94-0.09-0.78
1.00.030.890.881.00.98-0.950.980.990.82-0.440.981.00.990.990.860.99-0.060.990.670.980.980.980.030.88
0.990.010.910.860.990.96-0.970.980.960.81-0.351.00.980.970.990.851.0-0.090.970.680.970.960.960.050.86
0.990.150.860.930.980.98-0.910.990.960.82-0.40.960.990.970.960.910.980.060.980.730.980.990.970.080.91
0.82-0.110.690.710.820.79-0.770.820.810.82-0.410.810.790.830.820.670.81-0.170.820.50.80.760.780.430.85
-0.390.46-0.22-0.17-0.44-0.480.41-0.44-0.35-0.4-0.41-0.35-0.4-0.43-0.44-0.11-0.390.4-0.380.07-0.48-0.41-0.51-0.31-0.36
0.990.010.910.860.990.96-0.970.981.00.960.81-0.350.980.970.990.851.0-0.090.970.680.970.960.960.050.86
1.00.10.880.910.990.98-0.941.00.980.990.79-0.40.980.980.980.890.990.010.990.710.980.990.970.010.89
0.98-0.010.890.860.980.96-0.930.990.970.970.83-0.430.970.980.980.830.98-0.10.990.60.970.960.96-0.020.87
0.99-0.080.910.821.00.97-0.970.990.990.960.82-0.440.990.980.980.80.99-0.170.980.610.970.960.970.060.84
0.890.520.71.00.840.86-0.750.860.850.910.67-0.110.850.890.830.80.860.440.860.870.860.910.840.020.9
1.00.030.90.881.00.98-0.970.991.00.980.81-0.391.00.990.980.990.86-0.060.980.680.980.980.970.050.87
-0.020.98-0.260.4-0.1-0.010.2-0.06-0.090.06-0.170.4-0.090.01-0.1-0.170.44-0.06-0.050.52-0.020.08-0.05-0.050.23
0.990.050.920.880.980.95-0.920.990.970.980.82-0.380.970.990.990.980.860.98-0.050.660.960.970.95-0.030.86
0.70.580.550.860.650.65-0.630.670.680.730.50.070.680.710.60.610.870.680.520.660.650.70.610.060.73
0.990.050.830.880.981.0-0.940.980.970.980.8-0.480.970.980.970.970.860.98-0.020.960.650.991.00.120.89
0.990.160.850.920.980.99-0.920.980.960.990.76-0.410.960.990.960.960.910.980.080.970.70.990.980.030.88
0.980.030.830.860.981.0-0.940.980.960.970.78-0.510.960.970.960.970.840.97-0.050.950.611.00.980.110.87
0.06-0.11-0.160.040.070.13-0.090.030.050.080.43-0.310.050.01-0.020.060.020.05-0.05-0.030.060.120.030.110.23
0.890.260.630.930.870.89-0.780.880.860.910.85-0.360.860.890.870.840.90.870.230.860.730.890.880.870.23
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Thunder Software Account Relationship Matchups

Thunder Software fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.6B7.2B10.7B11.5B13.2B13.8B
Short Long Term Debt Total318.9M848.0M134.0M134.1M154.2M146.5M
Other Current Liab29.9M42.5M459.3M477.4M549.0M576.4M
Total Current Liabilities1.1B1.7B1.2B1.6B1.8B1.9B
Total Stockholder Equity4.3B5.2B9.1B9.6B11.0B11.5B
Property Plant And Equipment Net437.7M665.6M802.1M775.7M892.1M936.7M
Net Debt(1.8B)(1.3B)(4.5B)(4.5B)(4.0B)(3.8B)
Retained Earnings1.0B1.6B2.2B2.6B3.0B3.1B
Cash2.1B2.1B4.7B4.6B5.3B5.6B
Non Current Assets Total2.1B2.9B3.2B3.8B4.4B4.6B
Non Currrent Assets Other437.7M65.6M62.5M424.8M488.5M513.0M
Cash And Short Term Investments2.1B2.1B4.7B4.6B5.3B5.6B
Net Receivables909.1M1.4B1.9B2.1B2.4B2.5B
Liabilities And Stockholders Equity5.6B7.2B10.7B11.5B13.2B13.8B
Other Current Assets32.3M69.9M86.8M125.6M144.5M151.7M
Other Stockholder Equity2.3B2.4B5.7B5.9B6.7B7.1B
Total Liab1.2B2.0B1.4B1.7B1.9B2.0B
Total Current Assets3.4B4.3B7.5B7.7B8.8B9.3B
Short Term Debt314.0M765.7M64.5M62.7M72.1M68.5M
Intangible Assets355.9M611.6M898.9M1.2B1.4B1.5B
Common Stock423.2M425.1M457.5M460.0M529.0M315.0M
Property Plant Equipment86.2M437.7M665.6M802.0M922.4M968.5M
Accounts Payable152.4M295.3M330.0M334.2M384.3M403.5M
Inventory400.5M714.7M850.5M844.5M971.1M1.0B
Short Term Investments(81.0M)362.6M(19.1M)(14.3M)(16.5M)(15.7M)
Current Deferred Revenue576.5M636.4M342.0M681.7M783.9M823.1M
Other Liab63.3M92.9M154.9M132.1M152.0M86.4M
Net Tangible Assets1.2B3.5B4.2B7.8B8.9B9.4B
Non Current Liabilities Total97.8M237.2M215.1M115.6M133.0M156.5M
Deferred Long Term Liab33.1M38.5M65.6M62.5M71.9M75.5M
Short Long Term Debt310.7M696.0M0.06.8M6.1M5.8M
Good Will428.8M404.8M414.9M420.6M483.7M381.8M
Common Stock Shares Outstanding423.2M425.1M457.5M460.0M529.0M467.5M
Net Invested Capital4.6B5.9B9.1B9.6B11.0B5.6B
Net Working Capital2.4B2.6B6.3B6.1B7.0B7.4B
Capital Stock423.2M425.1M457.5M460.0M529.0M471.4M

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Other Information on Investing in Thunder Stock

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