TruBridge Income Quality vs Price To Sales Ratio Analysis

TBRG Stock  USD 18.44  0.35  1.93%   
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 Income Quality and its Price To Sales Ratio 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.

Income Quality vs Price To Sales Ratio

Income Quality vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TruBridge Income Quality account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TruBridge's Income Quality and Price To Sales Ratio is 0.41. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of TruBridge, assuming nothing else is changed. The correlation between historical values of TruBridge's Income Quality and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of TruBridge are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Income Quality i.e., TruBridge's Income Quality and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing TruBridge stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TruBridge sales, a figure that is much harder to manipulate than other TruBridge multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 Profit144.8M160.1M163.6M94.2M
Total Revenue280.6M326.6M339.4M198.8M

TruBridge fundamental ratios Correlations

0.920.970.850.94-0.210.94-0.39-0.020.94-0.630.930.85-0.650.750.980.980.420.89-0.140.240.110.620.990.660.7
0.920.920.730.87-0.210.91-0.27-0.040.89-0.570.810.85-0.810.790.890.910.440.82-0.290.14-0.060.520.90.720.67
0.970.920.830.89-0.210.94-0.33-0.070.89-0.550.930.81-0.650.770.960.940.510.9-0.010.290.210.710.950.580.74
0.850.730.830.660.060.75-0.130.260.66-0.40.960.63-0.440.460.880.740.520.910.050.210.370.760.860.560.75
0.940.870.890.66-0.440.88-0.61-0.121.0-0.780.790.86-0.630.740.890.990.270.79-0.320.22-0.160.440.940.670.6
-0.21-0.21-0.210.06-0.44-0.260.62-0.08-0.420.61-0.13-0.31-0.04-0.08-0.29-0.360.24-0.150.370.130.570.16-0.25-0.4-0.1
0.940.910.940.750.88-0.26-0.25-0.210.89-0.490.860.87-0.670.80.920.930.50.85-0.030.290.160.480.910.630.66
-0.39-0.27-0.33-0.13-0.610.62-0.25-0.04-0.550.9-0.25-0.250.2-0.27-0.37-0.510.39-0.250.450.180.44-0.11-0.46-0.32-0.04
-0.02-0.04-0.070.26-0.12-0.08-0.21-0.04-0.15-0.190.15-0.160.19-0.420.14-0.11-0.340.04-0.32-0.58-0.150.160.050.31-0.02
0.940.890.890.661.0-0.420.89-0.55-0.15-0.730.790.88-0.640.760.890.990.320.79-0.320.27-0.150.430.930.660.61
-0.63-0.57-0.55-0.4-0.780.61-0.490.9-0.19-0.73-0.49-0.490.43-0.41-0.63-0.720.27-0.480.550.280.45-0.23-0.7-0.64-0.23
0.930.810.930.960.79-0.130.86-0.250.150.79-0.490.74-0.460.570.960.860.540.950.040.30.320.760.930.580.79
0.850.850.810.630.86-0.310.87-0.25-0.160.88-0.490.74-0.590.680.810.880.40.73-0.280.31-0.120.310.830.780.58
-0.65-0.81-0.65-0.44-0.63-0.04-0.670.20.19-0.640.43-0.46-0.59-0.88-0.57-0.65-0.29-0.580.420.060.13-0.25-0.62-0.53-0.31
0.750.790.770.460.74-0.080.8-0.27-0.420.76-0.410.570.68-0.880.660.760.440.67-0.150.230.050.320.70.410.38
0.980.890.960.880.89-0.290.92-0.370.140.89-0.630.960.81-0.570.660.940.380.9-0.130.140.120.640.980.710.7
0.980.910.940.740.99-0.360.93-0.51-0.110.99-0.720.860.88-0.650.760.940.360.84-0.240.25-0.050.520.970.670.66
0.420.440.510.520.270.240.50.39-0.340.320.270.540.4-0.290.440.380.360.640.370.770.540.570.33-0.030.8
0.890.820.90.910.79-0.150.85-0.250.040.79-0.480.950.73-0.580.670.90.840.64-0.030.350.260.710.880.550.82
-0.14-0.29-0.010.05-0.320.37-0.030.45-0.32-0.320.550.04-0.280.42-0.15-0.13-0.240.37-0.030.450.840.32-0.19-0.570.1
0.240.140.290.210.220.130.290.18-0.580.270.280.30.310.060.230.140.250.770.350.450.440.360.15-0.290.56
0.11-0.060.210.37-0.160.570.160.44-0.15-0.150.450.32-0.120.130.050.12-0.050.540.260.840.440.530.06-0.410.3
0.620.520.710.760.440.160.48-0.110.160.43-0.230.760.31-0.250.320.640.520.570.710.320.360.530.60.110.76
0.990.90.950.860.94-0.250.91-0.460.050.93-0.70.930.83-0.620.70.980.970.330.88-0.190.150.060.60.710.65
0.660.720.580.560.67-0.40.63-0.320.310.66-0.640.580.78-0.530.410.710.67-0.030.55-0.57-0.29-0.410.110.710.31
0.70.670.740.750.6-0.10.66-0.04-0.020.61-0.230.790.58-0.310.380.70.660.80.820.10.560.30.760.650.31
Click cells to compare fundamentals

TruBridge Account Relationship Matchups

TruBridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets356.0M326.3M383.4M431.0M434.4M456.1M
Other Current Liab14.5M16.6M20.8M20.6M24.5M25.7M
Total Current Liabilities41.9M37.4M46.4M44.5M48.2M50.6M
Total Stockholder Equity184.3M200M222.6M231.7M186.6M98.7M
Net Debt108.3M70.8M95.0M140.3M199.4M209.4M
Retained Earnings9.7M19.6M38.1M53.9M8.1M7.7M
Accounts Payable8.8M7.7M8.1M7.0M10.1M10.6M
Cash7.4M12.7M11.4M7.0M3.8M3.7M
Other Assets1.024.1M11.1M11.4M(11.7M)(11.2M)
Long Term Debt99.4M73.4M95.0M136.4M195.3M205.0M
Cash And Short Term Investments7.4M12.7M11.4M7.0M3.8M3.7M
Common Stock Shares Outstanding13.8M14.0M14.3M14.4M14.2M12.9M
Liabilities And Stockholders Equity356.0M326.3M383.4M431.0M434.4M456.1M
Non Current Liabilities Total129.7M88.8M114.4M154.8M199.6M209.6M
Inventory1.4M1.1M855K784K475K451.3K
Other Current Assets7.2M10.2M15.8M11.0M27.5M28.9M
Other Stockholder Equity174.6M180.4M184.5M177.8M178.5M187.4M
Total Liab171.7M126.3M160.8M199.3M247.8M260.2M
Total Current Assets66.8M67.1M69.0M74.6M111.5M57.2M
Property Plant Equipment19.4M13.1M18.7M9.9M11.4M11.7M
Short Long Term Debt Total115.7M83.4M106.5M147.2M203.3M132.4M
Property Plant And Equipment Net19.4M19.7M18.7M17.5M14.2M12.8M
Current Deferred Revenue8.6M8.1M11.5M11.6M8.7M6.4M
Non Current Assets Total289.2M259.1M314.4M356.4M334.7M351.4M
Non Currrent Assets Other84.9M(8.5M)(7.5M)(11.7M)(19.4M)(20.3M)
Net Receivables50.9M43.2M40.9M55.8M63.7M35.1M
Property Plant And Equipment Gross19.4M19.7M18.7M17.5M27.9M29.3M
Short Term Debt10.0M5.0M6.0M5.2M4.9M4.4M
Net Tangible Assets(49.0M)(25.1M)(62.0M)(95.8M)(86.2M)(81.9M)
Capital Surpluse174.6M181.6M187.1M192.3M221.1M127.0M
Deferred Long Term Liab1.8M10.4M3.9M12.8M14.7M15.4M
Intangible Assets83.1M74.9M106.8M129.3M140.1M147.1M

Currently Active Assets on Macroaxis

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:
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.