TCPL Ebit vs Depreciation And Amortization 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 Ebit and its Depreciation And Amortization 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.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCPL Packaging Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TCPL Packaging's Ebit and Depreciation And Amortization is 0.92. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization 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 Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of TCPL Packaging Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., TCPL Packaging's Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.