Threes Non Current Assets Total vs Non Current Liabilities Other Analysis

605168 Stock   34.94  0.51  1.44%   
Threes Company financial indicator trend analysis is much more than just breaking down Threes Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Threes Company is a good investment. Please check the relationship between Threes Company Non Current Assets Total and its Non Current Liabilities Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Threes Company Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Non Current Assets Total vs Non Current Liabilities Other

Non Current Assets Total vs Non Current Liabilities Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Threes Company Non Current Assets Total account and Non Current Liabilities Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Threes Company's Non Current Assets Total and Non Current Liabilities Other is 0.53. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of Threes Company Media, assuming nothing else is changed. The correlation between historical values of Threes Company's Non Current Assets Total and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Threes Company Media are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Non Current Assets Total i.e., Threes Company's Non Current Assets Total and Non Current Liabilities Other go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Other

Most indicators from Threes Company's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Threes Company 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 Threes Company Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The current year's Selling General Administrative is expected to grow to about 376.5 M, whereas Tax Provision is forecasted to decline to about 54.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit755.3M943.0M935.3M574.0M
Total Revenue3.6B5.7B5.3B2.9B

Threes Company fundamental ratios Correlations

0.450.980.920.780.910.90.950.80.910.880.740.990.740.690.780.98-0.080.771.00.790.960.860.670.90.69
0.450.520.24-0.030.20.170.610.330.250.22-0.140.47-0.14-0.230.840.490.07-0.090.45-0.010.220.11-0.260.170.25
0.980.520.870.80.860.870.990.680.910.860.661.00.730.640.861.0-0.110.760.970.820.920.850.610.860.61
0.920.240.870.861.00.980.840.830.960.960.910.880.860.860.60.870.010.890.920.850.860.940.851.00.6
0.78-0.030.80.860.880.940.740.490.930.910.880.810.980.930.470.81-0.070.990.770.990.810.970.920.90.44
0.910.20.861.00.880.990.830.820.950.950.920.880.880.880.580.870.00.90.920.870.870.940.871.00.59
0.90.170.870.980.940.990.830.740.980.980.930.880.930.910.570.880.010.950.90.920.870.980.90.990.55
0.950.610.990.840.740.830.830.660.870.820.580.980.650.550.920.98-0.10.680.940.760.860.80.530.820.59
0.80.330.680.830.490.820.740.660.640.670.710.70.50.580.460.680.120.540.840.470.720.60.570.780.67
0.910.250.910.960.930.950.980.870.640.990.860.910.90.850.670.91-0.080.930.890.930.870.990.850.970.53
0.880.220.860.960.910.950.980.820.670.990.890.870.90.870.60.86-0.020.920.870.890.840.980.870.970.52
0.74-0.140.660.910.880.920.930.580.710.860.890.680.930.970.250.670.00.940.740.840.760.910.980.940.49
0.990.471.00.880.810.880.880.980.70.910.870.680.740.660.831.0-0.120.770.980.830.950.870.640.870.64
0.74-0.140.730.860.980.880.930.650.50.90.90.930.740.970.350.74-0.11.00.720.970.790.960.970.90.4
0.69-0.230.640.860.930.880.910.550.580.850.870.970.660.970.210.650.050.970.690.890.740.910.990.90.46
0.780.840.860.60.470.580.570.920.460.670.60.250.830.350.210.84-0.080.390.760.510.620.560.180.560.44
0.980.491.00.870.810.870.880.980.680.910.860.671.00.740.650.84-0.120.770.970.830.930.860.630.860.62
-0.080.07-0.110.01-0.070.00.01-0.10.12-0.08-0.020.0-0.12-0.10.05-0.08-0.12-0.05-0.06-0.16-0.18-0.07-0.03-0.01-0.1
0.77-0.090.760.890.990.90.950.680.540.930.920.940.771.00.970.390.77-0.050.750.970.80.970.970.920.42
1.00.450.970.920.770.920.90.940.840.890.870.740.980.720.690.760.97-0.060.750.780.950.840.670.90.7
0.79-0.010.820.850.990.870.920.760.470.930.890.840.830.970.890.510.83-0.160.970.780.830.960.890.890.41
0.960.220.920.860.810.870.870.860.720.870.840.760.950.790.740.620.93-0.180.80.950.830.850.730.870.67
0.860.110.850.940.970.940.980.80.60.990.980.910.870.960.910.560.86-0.070.970.840.960.850.910.960.49
0.67-0.260.610.850.920.870.90.530.570.850.870.980.640.970.990.180.63-0.030.970.670.890.730.910.890.39
0.90.170.861.00.91.00.990.820.780.970.970.940.870.90.90.560.86-0.010.920.90.890.870.960.890.58
0.690.250.610.60.440.590.550.590.670.530.520.490.640.40.460.440.62-0.10.420.70.410.670.490.390.58
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Threes Company Account Relationship Matchups

Threes Company fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets849.5M2.4B3.2B5.3B4.9B2.5B
Other Current Liab57.2M61.3M126.3M131.0M6.6M6.3M
Total Current Liabilities459.1M742.4M1.2B2.6B1.8B1.1B
Total Stockholder Equity376.4M1.7B2.0B2.6B2.9B3.1B
Other Liab14M402.3K8.6M54.4M62.6M65.7M
Net Tangible Assets375.5M1.7B1.8B2.5B2.9B3.1B
Retained Earnings305.9M565.1M861.1M1.4B1.6B1.7B
Accounts Payable300.8M620.0M922.6M2.0B1.0B751.6M
Cash322.0M1.1B779.8M559.0M905.4M581.3M
Non Current Assets Total14.9M149.9M773.3M1.3B1.2B1.3B
Other Assets11.1M27.5M176.2M207.6M238.8M250.7M
Net Receivables471.2M925.5M1.4B3.1B2.4B1.3B
Inventory9.8M7.8M8.0M15.4M38.3M40.2M
Other Current Assets29.7M41.6M117.1M240.2M32.1M30.5M
Total Liab473.1M742.8M1.2B2.7B2.0B1.1B
Deferred Long Term Liab4.4M3.1M3.3M2.0M2.3M3.2M
Short Long Term Debt67M20M100M379.7M581.8M610.9M
Total Current Assets834.6M2.3B2.4B4.0B3.7B2.0B
Intangible Assets871.4K1.3M1.7M30.3M29.7M31.2M
Property Plant Equipment3.0M3.2M27.3M52.4M60.3M63.3M
Net Invested Capital443.4M1.7B2.1B3.0B3.6B3.8B
Net Working Capital375.5M1.5B1.2B1.4B1.9B1.1B

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Other Information on Investing in Threes Stock

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