TCPL Current Deferred Revenue vs Total Assets Analysis

TCPLPACK   3,219  13.75  0.43%   
TCPL Packaging financial indicator trend analysis is much more than just breaking down TCPL Packaging prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TCPL Packaging is a good investment. Please check the relationship between TCPL Packaging Current Deferred Revenue and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TCPL Packaging 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 american community survey.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCPL Packaging Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between TCPL Packaging's Current Deferred Revenue and Total Assets is 0.36. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of TCPL Packaging Limited, assuming nothing else is changed. The correlation between historical values of TCPL Packaging's Current Deferred Revenue and Total 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 Current Deferred Revenue of TCPL Packaging Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., TCPL Packaging's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of TCPL Packaging assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TCPL Packaging books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from TCPL Packaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TCPL Packaging 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 TCPL Packaging 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 american community survey.
The current year's Selling General Administrative is expected to grow to about 488.6 M, whereas Tax Provision is forecasted to decline to about 201.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.9B5.5B2.6B2.2B
Total Revenue10.7B14.4B15.4B16.2B

TCPL Packaging fundamental ratios Correlations

0.860.560.990.990.870.860.970.970.190.870.660.750.990.760.860.980.810.220.871.00.830.360.890.880.9
0.860.540.880.810.991.00.750.840.170.990.490.430.80.710.990.890.690.050.990.840.720.430.980.610.94
0.560.540.560.550.590.540.570.560.510.60.630.540.520.310.60.570.670.680.60.560.380.240.520.430.62
0.990.880.560.970.890.880.940.980.180.890.660.690.970.770.880.990.810.220.890.990.820.390.920.830.9
0.990.810.550.970.820.810.990.960.160.820.640.790.990.750.820.970.790.230.820.990.850.290.850.910.89
0.870.990.590.890.820.990.770.850.211.00.510.480.810.740.990.890.710.111.00.850.760.410.970.640.96
0.861.00.540.880.810.990.750.840.160.990.490.420.80.710.980.90.690.050.990.840.720.430.980.610.94
0.970.750.570.940.990.770.750.940.20.770.660.840.980.690.770.940.790.260.760.980.820.230.80.920.86
0.970.840.560.980.960.850.840.940.220.850.660.730.950.750.840.960.870.230.860.970.810.440.850.80.87
0.190.170.510.180.160.210.160.20.220.220.60.520.14-0.020.290.150.520.550.220.170.00.130.120.150.13
0.870.990.60.890.821.00.990.770.850.220.520.480.810.740.990.890.720.111.00.850.760.410.970.640.96
0.660.490.630.660.640.510.490.660.660.60.520.780.650.510.560.630.70.60.540.660.530.180.50.610.5
0.750.430.540.690.790.480.420.840.730.520.480.780.780.530.510.650.750.50.470.760.680.120.460.860.57
0.990.80.520.970.990.810.80.980.950.140.810.650.780.760.810.960.750.210.810.990.860.270.850.90.88
0.760.710.310.770.750.740.710.690.75-0.020.740.510.530.760.70.710.520.180.730.750.950.210.710.720.72
0.860.990.60.880.820.990.980.770.840.290.990.560.510.810.70.880.720.10.990.840.730.440.950.640.93
0.980.890.570.990.970.890.90.940.960.150.890.630.650.960.710.880.790.180.90.980.770.340.930.80.92
0.810.690.670.810.790.710.690.790.870.520.720.70.750.750.520.720.790.420.720.80.580.410.660.630.71
0.220.050.680.220.230.110.050.260.230.550.110.60.50.210.180.10.180.420.120.240.190.030.070.280.1
0.870.990.60.890.821.00.990.760.860.221.00.540.470.810.730.990.90.720.120.850.740.420.970.610.95
1.00.840.560.990.990.850.840.980.970.170.850.660.760.990.750.840.980.80.240.850.830.320.880.880.9
0.830.720.380.820.850.760.720.820.810.00.760.530.680.860.950.730.770.580.190.740.830.220.730.860.79
0.360.430.240.390.290.410.430.230.440.130.410.180.120.270.210.440.340.410.030.420.320.220.360.150.27
0.890.980.520.920.850.970.980.80.850.120.970.50.460.850.710.950.930.660.070.970.880.730.360.660.95
0.880.610.430.830.910.640.610.920.80.150.640.610.860.90.720.640.80.630.280.610.880.860.150.660.73
0.90.940.620.90.890.960.940.860.870.130.960.50.570.880.720.930.920.710.10.950.90.790.270.950.73
Click cells to compare fundamentals

TCPL Packaging Account Relationship Matchups

TCPL Packaging fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.4B10.7B12.2B13.3B13.9B
Short Long Term Debt Total3.7B3.5B4.6B5.0B5.0B2.7B
Other Current Liab101.5M328.0M502.0M479.5M487.2M314.3M
Total Current Liabilities3.2B3.5B4.6B5.1B5.1B5.3B
Total Stockholder Equity2.7B3.0B3.4B4.4B5.3B5.5B
Property Plant And Equipment Net4.5B4.6B5.8B6.2B6.9B3.5B
Net Debt3.6B3.5B4.6B5.0B5.0B2.6B
Retained Earnings1.3B1.6B2.0B3.0B3.9B4.1B
Accounts Payable888.9M1.4B1.7B1.6B1.8B1.9B
Cash2.1M30.7M63.3M39.9M53.7M38.2M
Non Current Assets Total4.7B4.8B6.1B6.5B7.2B3.6B
Cash And Short Term Investments5.8M49.4M97.6M79.1M218.3M229.2M
Net Receivables2.0B1.8B2.3B3.0B3.4B3.6B
Liabilities And Stockholders Equity8.0B8.4B10.7B12.2B13.3B13.9B
Non Current Liabilities Total2.1B1.9B2.7B2.6B2.9B1.7B
Inventory1.3B1.4B1.8B2.4B2.1B2.2B
Other Current Assets2.7M362.5M395.3M303.3M351.3M368.9M
Total Liab5.3B5.4B7.3B7.7B8.0B4.1B
Total Current Assets3.3B3.6B4.6B5.7B6.1B6.4B
Accumulated Other Comprehensive Income(1.3B)859.7M868.5M867.5M11.1M11.6M
Current Deferred Revenue124.5M168.3M364.8M24.8M81.3M113.3M
Short Term Debt2.1B1.7B2.4B3.0B2.7B1.8B
Intangible Assets17.4M13.1M17.6M21.6M48.1M50.5M
Other Liab423.4M435.5M479.1M609.1M700.5M409.3M
Net Tangible Assets2.7B3.0B3.3B4.4B5.0B2.7B
Other Assets157.5M176.2M140.1M104.6M120.3M117.2M
Long Term Debt1.5B1.3B2.1B1.9B2.2B1.7B
Short Long Term Debt2.0B1.5B2.4B3.0B2.6B1.9B
Property Plant Equipment4.5B4.6B5.8B6.2B7.1B4.6B
Long Term Debt Total1.6B1.5B2.1B2.0B2.3B1.7B
Non Current Liabilities Other116.3M100.3M82.4M159.2M148.0M104.1M
Net Invested Capital6.3B5.8B7.9B9.3B10.1B7.9B
Net Working Capital101.0M130.7M(21.8M)599.6M1.0B1.1B

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Other Information on Investing in TCPL Stock

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