TruBridge Accounts Payable vs Cash And Short Term Investments Analysis

TBRG Stock

USD 18.00 0.10 0.55%

TruBridge financial indicator trend analysis is much more than just breaking down TruBridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TruBridge is a good investment. Please check the relationship between TruBridge Accounts Payable and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TruBridge Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TruBridge's Accounts Payable and Cash And Short Term Investments is -0.49. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of TruBridge, assuming nothing else is changed. The correlation between historical values of TruBridge's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of TruBridge are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., TruBridge's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents TruBridge obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TruBridge are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TruBridge balance sheet. This account contains TruBridge investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TruBridge fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from TruBridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TruBridge 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 TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.The TruBridge's current Selling General Administrative is estimated to increase to about 80 M, while Tax Provision is forecasted to increase to (8.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	144.8M	160.1M	163.6M	94.2M
Total Revenue	280.6M	326.6M	339.4M	198.8M

Gross Profit Total Revenue

TruBridge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.92	0.97	0.85	0.94	-0.21	0.94	-0.39	-0.02	0.94	-0.63	0.93	0.85	-0.65	0.75	0.98	0.98	0.42	0.89	-0.14	0.24	0.11	0.62	0.99	0.66	0.7
Other Current Liab	0.92		0.92	0.73	0.87	-0.21	0.91	-0.27	-0.04	0.89	-0.57	0.81	0.85	-0.81	0.79	0.89	0.91	0.44	0.82	-0.29	0.14	-0.06	0.52	0.9	0.72	0.67
Total Current Liabilities	0.97	0.92		0.83	0.89	-0.21	0.94	-0.33	-0.07	0.89	-0.55	0.93	0.81	-0.65	0.77	0.96	0.94	0.51	0.9	-0.01	0.29	0.21	0.71	0.95	0.58	0.74
Total Stockholder Equity	0.85	0.73	0.83		0.66	0.06	0.75	-0.13	0.26	0.66	-0.4	0.96	0.63	-0.44	0.46	0.88	0.74	0.52	0.91	0.05	0.21	0.37	0.76	0.86	0.56	0.75
Net Debt	0.94	0.87	0.89	0.66		-0.44	0.88	-0.61	-0.12	1.0	-0.78	0.79	0.86	-0.63	0.74	0.89	0.99	0.27	0.79	-0.32	0.22	-0.16	0.44	0.94	0.67	0.6
Retained Earnings	-0.21	-0.21	-0.21	0.06	-0.44		-0.26	0.62	-0.08	-0.42	0.61	-0.13	-0.31	-0.04	-0.08	-0.29	-0.36	0.24	-0.15	0.37	0.13	0.57	0.16	-0.25	-0.4	-0.1
Accounts Payable	0.94	0.91	0.94	0.75	0.88	-0.26		-0.25	-0.21	0.89	-0.49	0.86	0.87	-0.67	0.8	0.92	0.93	0.5	0.85	-0.03	0.29	0.16	0.48	0.91	0.63	0.66
Cash	-0.39	-0.27	-0.33	-0.13	-0.61	0.62	-0.25		-0.04	-0.55	0.9	-0.25	-0.25	0.2	-0.27	-0.37	-0.51	0.39	-0.25	0.45	0.18	0.44	-0.11	-0.46	-0.32	-0.04
Other Assets	-0.02	-0.04	-0.07	0.26	-0.12	-0.08	-0.21	-0.04		-0.15	-0.19	0.15	-0.16	0.19	-0.42	0.14	-0.11	-0.34	0.04	-0.32	-0.58	-0.15	0.16	0.05	0.31	-0.02
Long Term Debt	0.94	0.89	0.89	0.66	1.0	-0.42	0.89	-0.55	-0.15		-0.73	0.79	0.88	-0.64	0.76	0.89	0.99	0.32	0.79	-0.32	0.27	-0.15	0.43	0.93	0.66	0.61
Cash And Short Term Investments	-0.63	-0.57	-0.55	-0.4	-0.78	0.61	-0.49	0.9	-0.19	-0.73		-0.49	-0.49	0.43	-0.41	-0.63	-0.72	0.27	-0.48	0.55	0.28	0.45	-0.23	-0.7	-0.64	-0.23
Common Stock Shares Outstanding	0.93	0.81	0.93	0.96	0.79	-0.13	0.86	-0.25	0.15	0.79	-0.49		0.74	-0.46	0.57	0.96	0.86	0.54	0.95	0.04	0.3	0.32	0.76	0.93	0.58	0.79
Non Current Liabilities Total	0.85	0.85	0.81	0.63	0.86	-0.31	0.87	-0.25	-0.16	0.88	-0.49	0.74		-0.59	0.68	0.81	0.88	0.4	0.73	-0.28	0.31	-0.12	0.31	0.83	0.78	0.58
Inventory	-0.65	-0.81	-0.65	-0.44	-0.63	-0.04	-0.67	0.2	0.19	-0.64	0.43	-0.46	-0.59		-0.88	-0.57	-0.65	-0.29	-0.58	0.42	0.06	0.13	-0.25	-0.62	-0.53	-0.31
Other Current Assets	0.75	0.79	0.77	0.46	0.74	-0.08	0.8	-0.27	-0.42	0.76	-0.41	0.57	0.68	-0.88		0.66	0.76	0.44	0.67	-0.15	0.23	0.05	0.32	0.7	0.41	0.38
Other Stockholder Equity	0.98	0.89	0.96	0.88	0.89	-0.29	0.92	-0.37	0.14	0.89	-0.63	0.96	0.81	-0.57	0.66		0.94	0.38	0.9	-0.13	0.14	0.12	0.64	0.98	0.71	0.7
Total Liab	0.98	0.91	0.94	0.74	0.99	-0.36	0.93	-0.51	-0.11	0.99	-0.72	0.86	0.88	-0.65	0.76	0.94		0.36	0.84	-0.24	0.25	-0.05	0.52	0.97	0.67	0.66
Total Current Assets	0.42	0.44	0.51	0.52	0.27	0.24	0.5	0.39	-0.34	0.32	0.27	0.54	0.4	-0.29	0.44	0.38	0.36		0.64	0.37	0.77	0.54	0.57	0.33	-0.03	0.8
Common Stock	0.89	0.82	0.9	0.91	0.79	-0.15	0.85	-0.25	0.04	0.79	-0.48	0.95	0.73	-0.58	0.67	0.9	0.84	0.64		-0.03	0.35	0.26	0.71	0.88	0.55	0.82
Property Plant Equipment	-0.14	-0.29	-0.01	0.05	-0.32	0.37	-0.03	0.45	-0.32	-0.32	0.55	0.04	-0.28	0.42	-0.15	-0.13	-0.24	0.37	-0.03		0.45	0.84	0.32	-0.19	-0.57	0.1
Short Long Term Debt Total	0.24	0.14	0.29	0.21	0.22	0.13	0.29	0.18	-0.58	0.27	0.28	0.3	0.31	0.06	0.23	0.14	0.25	0.77	0.35	0.45		0.44	0.36	0.15	-0.29	0.56
Property Plant And Equipment Net	0.11	-0.06	0.21	0.37	-0.16	0.57	0.16	0.44	-0.15	-0.15	0.45	0.32	-0.12	0.13	0.05	0.12	-0.05	0.54	0.26	0.84	0.44		0.53	0.06	-0.41	0.3
Current Deferred Revenue	0.62	0.52	0.71	0.76	0.44	0.16	0.48	-0.11	0.16	0.43	-0.23	0.76	0.31	-0.25	0.32	0.64	0.52	0.57	0.71	0.32	0.36	0.53		0.6	0.11	0.76
Non Current Assets Total	0.99	0.9	0.95	0.86	0.94	-0.25	0.91	-0.46	0.05	0.93	-0.7	0.93	0.83	-0.62	0.7	0.98	0.97	0.33	0.88	-0.19	0.15	0.06	0.6		0.71	0.65
Non Currrent Assets Other	0.66	0.72	0.58	0.56	0.67	-0.4	0.63	-0.32	0.31	0.66	-0.64	0.58	0.78	-0.53	0.41	0.71	0.67	-0.03	0.55	-0.57	-0.29	-0.41	0.11	0.71		0.31
Net Receivables	0.7	0.67	0.74	0.75	0.6	-0.1	0.66	-0.04	-0.02	0.61	-0.23	0.79	0.58	-0.31	0.38	0.7	0.66	0.8	0.82	0.1	0.56	0.3	0.76	0.65	0.31

Click cells to compare fundamentals

TruBridge Account Relationship Matchups

TruBridge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	356.0M	326.3M	383.4M	431.0M	434.4M	456.1M
Other Current Liab	14.5M	16.6M	20.8M	20.6M	24.5M	25.7M
Total Current Liabilities	41.9M	37.4M	46.4M	44.5M	48.2M	50.6M
Total Stockholder Equity	184.3M	200M	222.6M	231.7M	186.6M	98.7M
Net Debt	108.3M	70.8M	95.0M	140.3M	199.4M	209.4M
Retained Earnings	9.7M	19.6M	38.1M	53.9M	8.1M	7.7M
Accounts Payable	8.8M	7.7M	8.1M	7.0M	10.1M	10.6M
Cash	7.4M	12.7M	11.4M	7.0M	3.8M	3.7M
Other Assets	1.0	24.1M	11.1M	11.4M	(11.7M)	(11.2M)
Long Term Debt	99.4M	73.4M	95.0M	136.4M	195.3M	205.0M
Cash And Short Term Investments	7.4M	12.7M	11.4M	7.0M	3.8M	3.7M
Common Stock Shares Outstanding	13.8M	14.0M	14.3M	14.4M	14.2M	12.9M
Liabilities And Stockholders Equity	356.0M	326.3M	383.4M	431.0M	434.4M	456.1M
Non Current Liabilities Total	129.7M	88.8M	114.4M	154.8M	199.6M	209.6M
Inventory	1.4M	1.1M	855K	784K	475K	451.3K
Other Current Assets	7.2M	10.2M	15.8M	11.0M	27.5M	28.9M
Other Stockholder Equity	174.6M	180.4M	184.5M	177.8M	178.5M	187.4M
Total Liab	171.7M	126.3M	160.8M	199.3M	247.8M	260.2M
Total Current Assets	66.8M	67.1M	69.0M	74.6M	111.5M	57.2M
Property Plant Equipment	19.4M	13.1M	18.7M	9.9M	11.4M	11.7M
Short Long Term Debt Total	115.7M	83.4M	106.5M	147.2M	203.3M	132.4M
Property Plant And Equipment Net	19.4M	19.7M	18.7M	17.5M	14.2M	12.8M
Current Deferred Revenue	8.6M	8.1M	11.5M	11.6M	8.7M	6.4M
Non Current Assets Total	289.2M	259.1M	314.4M	356.4M	334.7M	351.4M
Non Currrent Assets Other	84.9M	(8.5M)	(7.5M)	(11.7M)	(19.4M)	(20.3M)
Net Receivables	50.9M	43.2M	40.9M	55.8M	63.7M	35.1M
Property Plant And Equipment Gross	19.4M	19.7M	18.7M	17.5M	27.9M	29.3M
Short Term Debt	10.0M	5.0M	6.0M	5.2M	4.9M	4.4M
Net Tangible Assets	(49.0M)	(25.1M)	(62.0M)	(95.8M)	(86.2M)	(81.9M)
Capital Surpluse	174.6M	181.6M	187.1M	192.3M	221.1M	127.0M
Deferred Long Term Liab	1.8M	10.4M	3.9M	12.8M	14.7M	15.4M
Intangible Assets	83.1M	74.9M	106.8M	129.3M	140.1M	147.1M

Currently Active Assets on Macroaxis

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft
HBI	Hanesbrands
STLD	Steel Dynamics

When determining whether TruBridge is a strong investment it is important to analyze TruBridge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TruBridge's future performance. For an informed investment choice regarding TruBridge Stock, refer to the following important reports:

How To Invest In TruBridge

Details

Is TruBridge Stock a good investment?

Details

What is TruBridge's Net Worth?

Details

Largest Health Care Technology Companies

View

Largest Health Care Equipment & Services Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TruBridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Health Care Technology 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 TruBridge. If investors know TruBridge 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 TruBridge 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

(0.62)

Earnings Share

(4.09)

Revenue Per Share

23.665

Quarterly Revenue Growth

0.014

Return On Assets

(0.01)

The market value of TruBridge is measured differently than its book value, which is the value of TruBridge that is recorded on the company's balance sheet. Investors also form their own opinion of TruBridge's value that differs from its market value or its book value, called intrinsic value, which is TruBridge's 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 TruBridge's market value can be influenced by many factors that don't directly affect TruBridge's 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 TruBridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if TruBridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TruBridge's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

TruBridge Accounts Payable vs Cash And Short Term Investments Analysis

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash And Short Term Investments

TruBridge fundamental ratios Correlations

TruBridge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TruBridge fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Net Debt
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Long Term Debt
Other Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Other Current Assets	- 0.88	Inventory
Inventory	- 0.81	Other Current Liab
Cash And Short Term Investments	- 0.78	Net Debt
Cash And Short Term Investments	- 0.73	Long Term Debt
Total Liab	- 0.72	Cash And Short Term Investments
Non Current Assets Total	- 0.7	Cash And Short Term Investments