TCPL Inventory vs Other Stockholder Equity Analysis

TCPLPACK   3,909  174.85  4.28%   
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 Inventory and its Other Stockholder Equity 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCPL Packaging Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between TCPL Packaging's Inventory and Other Stockholder Equity is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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 Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of TCPL Packaging Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., TCPL Packaging's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Other Stockholder Equity

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 561.9 M, whereas Tax Provision is forecasted to decline to about 201.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit5.5B2.6B3.0B2.2B
Total Revenue14.4B15.4B17.7B18.6B

TCPL Packaging fundamental ratios Correlations

0.990.620.990.991.00.990.980.980.281.00.750.830.990.750.990.990.850.281.01.00.830.30.880.910.89
0.990.580.990.970.991.00.940.970.250.990.710.760.970.750.990.990.830.211.00.980.820.350.90.870.9
0.620.580.620.610.610.580.630.620.560.610.670.620.60.370.610.620.70.670.620.620.440.20.620.530.69
0.990.990.620.980.990.990.950.980.260.990.740.780.980.770.980.990.850.281.00.990.830.330.90.870.9
0.990.970.610.980.990.970.990.970.260.990.730.861.00.720.980.970.830.280.981.00.830.230.840.940.88
1.00.990.610.990.990.990.960.980.281.00.740.820.980.750.990.980.850.261.00.990.830.320.880.910.89
0.991.00.580.990.970.990.940.970.240.990.710.760.970.750.990.990.830.211.00.980.820.350.90.870.9
0.980.940.630.950.990.960.940.950.290.960.750.90.990.660.960.950.830.310.960.980.790.180.810.940.86
0.980.970.620.980.970.980.970.950.30.980.740.810.960.740.960.970.90.280.980.980.820.380.850.860.87
0.280.250.560.260.260.280.240.290.30.290.620.540.240.040.340.230.550.570.290.260.070.120.220.260.23
1.00.990.610.990.991.00.990.960.980.290.740.820.980.750.990.980.850.271.00.990.830.320.880.910.89
0.750.710.670.740.730.740.710.750.740.620.740.830.740.540.760.710.760.60.750.750.580.150.570.720.57
0.830.760.620.780.860.820.760.90.810.540.820.830.860.520.830.750.80.490.80.840.660.090.560.920.63
0.990.970.60.981.00.980.970.990.960.240.980.740.860.740.970.970.810.270.980.990.830.220.840.940.87
0.750.750.370.770.720.750.750.660.740.040.750.540.520.740.720.720.550.190.760.730.950.230.720.670.69
0.990.990.610.980.980.990.990.960.960.340.990.760.830.970.720.970.850.260.990.980.810.340.870.910.87
0.990.990.620.990.970.980.990.950.970.230.980.710.750.970.720.970.830.240.990.990.80.30.910.840.92
0.850.830.70.850.830.850.830.830.90.550.850.760.80.810.550.850.830.450.850.840.620.370.70.720.75
0.280.210.670.280.280.260.210.310.280.570.270.60.490.270.190.260.240.450.270.290.20.030.130.320.14
1.01.00.621.00.981.01.00.960.980.291.00.750.80.980.760.990.990.850.270.990.830.340.890.890.89
1.00.980.620.991.00.990.980.980.980.260.990.750.840.990.730.980.990.840.290.990.820.270.870.910.89
0.830.820.440.830.830.830.820.790.820.070.830.580.660.830.950.810.80.620.20.830.820.240.750.80.75
0.30.350.20.330.230.320.350.180.380.120.320.150.090.220.230.340.30.370.030.340.270.240.310.110.25
0.880.90.620.90.840.880.90.810.850.220.880.570.560.840.720.870.910.70.130.890.870.750.310.70.97
0.910.870.530.870.940.910.870.940.860.260.910.720.920.940.670.910.840.720.320.890.910.80.110.70.75
0.890.90.690.90.880.890.90.860.870.230.890.570.630.870.690.870.920.750.140.890.890.750.250.970.75
Click cells to compare fundamentals

TCPL Packaging Account Relationship Matchups

TCPL Packaging fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.4B10.7B12.2B13.3B15.3B16.0B
Short Long Term Debt Total3.5B4.6B5.0B5.0B5.8B6.1B
Other Current Liab328.0M502.0M479.5M487.2M560.3M314.3M
Total Current Liabilities3.5B4.6B5.1B5.1B5.8B6.1B
Total Stockholder Equity3.0B3.4B4.4B5.3B6.0B6.3B
Property Plant And Equipment Net4.6B5.8B6.2B6.9B7.9B8.3B
Net Debt3.5B4.6B5.0B5.0B5.7B6.0B
Retained Earnings1.6B2.0B3.0B3.9B4.4B4.7B
Accounts Payable1.4B1.7B1.6B1.8B2.1B2.2B
Cash30.7M63.3M39.9M53.7M61.8M38.2M
Non Current Assets Total4.8B6.1B6.5B7.2B8.3B8.7B
Cash And Short Term Investments49.4M97.6M79.1M218.3M251.1M263.6M
Net Receivables1.8B2.3B3.0B3.4B4.0B4.2B
Liabilities And Stockholders Equity8.4B10.7B12.2B13.3B15.3B16.0B
Non Current Liabilities Total1.9B2.7B2.6B2.9B3.4B3.6B
Inventory1.4B1.8B2.4B2.1B2.4B2.5B
Other Current Assets362.5M395.3M303.3M351.3M404.0M424.2M
Total Liab5.4B7.3B7.7B8.0B9.2B9.7B
Total Current Assets3.6B4.6B5.7B6.1B7.0B7.3B
Accumulated Other Comprehensive Income859.7M868.5M867.5M11.1M12.8M13.4M
Current Deferred Revenue168.3M364.8M24.8M81.3M93.4M113.3M
Short Term Debt1.7B2.4B3.0B2.7B3.1B1.8B
Intangible Assets13.1M17.6M21.6M48.1M55.3M58.1M
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 Debt1.3B2.1B1.9B2.2B2.6B1.7B
Short Long Term Debt1.5B2.4B3.0B2.6B3.0B1.9B
Property Plant Equipment4.5B4.6B5.8B6.2B7.1B4.6B
Short Term Investments18.8M34.3M39.3M164.6M189.3M198.7M
Long Term Debt Total1.6B1.5B2.1B2.0B2.3B1.7B
Non Current Liabilities Other100.3M82.4M159.2M148.0M170.1M104.1M
Net Invested Capital5.8B7.9B9.3B10.1B11.7B7.9B
Net Working Capital130.7M(21.8M)599.6M1.0B1.2B1.2B

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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.