TCPL Total Current Liabilities vs Retained Earnings 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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TCPL Packaging Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between TCPL Packaging's Total Current Liabilities and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of TCPL Packaging Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., TCPL Packaging's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on TCPL Packaging balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of TCPL Packaging Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Profit	2.9B	5.5B	2.6B	2.2B
Total Revenue	10.7B	14.4B	15.4B	16.2B

Gross Profit Total Revenue

TCPL Packaging fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.86	0.56	0.99	0.99	0.87	0.86	0.97	0.97	0.19	0.87	0.66	0.75	0.99	0.76	0.86	0.98	0.81	0.22	0.87	1.0	0.83	0.36	0.89	0.88	0.9
Short Long Term Debt Total	0.86		0.54	0.88	0.81	0.99	1.0	0.75	0.84	0.17	0.99	0.49	0.43	0.8	0.71	0.99	0.89	0.69	0.05	0.99	0.84	0.72	0.43	0.98	0.61	0.94
Other Current Liab	0.56	0.54		0.56	0.55	0.59	0.54	0.57	0.56	0.51	0.6	0.63	0.54	0.52	0.31	0.6	0.57	0.67	0.68	0.6	0.56	0.38	0.24	0.52	0.43	0.62
Total Current Liabilities	0.99	0.88	0.56		0.97	0.89	0.88	0.94	0.98	0.18	0.89	0.66	0.69	0.97	0.77	0.88	0.99	0.81	0.22	0.89	0.99	0.82	0.39	0.92	0.83	0.9
Total Stockholder Equity	0.99	0.81	0.55	0.97		0.82	0.81	0.99	0.96	0.16	0.82	0.64	0.79	0.99	0.75	0.82	0.97	0.79	0.23	0.82	0.99	0.85	0.29	0.85	0.91	0.89
Property Plant And Equipment Net	0.87	0.99	0.59	0.89	0.82		0.99	0.77	0.85	0.21	1.0	0.51	0.48	0.81	0.74	0.99	0.89	0.71	0.11	1.0	0.85	0.76	0.41	0.97	0.64	0.96
Net Debt	0.86	1.0	0.54	0.88	0.81	0.99		0.75	0.84	0.16	0.99	0.49	0.42	0.8	0.71	0.98	0.9	0.69	0.05	0.99	0.84	0.72	0.43	0.98	0.61	0.94
Retained Earnings	0.97	0.75	0.57	0.94	0.99	0.77	0.75		0.94	0.2	0.77	0.66	0.84	0.98	0.69	0.77	0.94	0.79	0.26	0.76	0.98	0.82	0.23	0.8	0.92	0.86
Accounts Payable	0.97	0.84	0.56	0.98	0.96	0.85	0.84	0.94		0.22	0.85	0.66	0.73	0.95	0.75	0.84	0.96	0.87	0.23	0.86	0.97	0.81	0.44	0.85	0.8	0.87
Cash	0.19	0.17	0.51	0.18	0.16	0.21	0.16	0.2	0.22		0.22	0.6	0.52	0.14	-0.02	0.29	0.15	0.52	0.55	0.22	0.17	0.0	0.13	0.12	0.15	0.13
Non Current Assets Total	0.87	0.99	0.6	0.89	0.82	1.0	0.99	0.77	0.85	0.22		0.52	0.48	0.81	0.74	0.99	0.89	0.72	0.11	1.0	0.85	0.76	0.41	0.97	0.64	0.96
Non Currrent Assets Other	0.66	0.49	0.63	0.66	0.64	0.51	0.49	0.66	0.66	0.6	0.52		0.78	0.65	0.51	0.56	0.63	0.7	0.6	0.54	0.66	0.53	0.18	0.5	0.61	0.5
Cash And Short Term Investments	0.75	0.43	0.54	0.69	0.79	0.48	0.42	0.84	0.73	0.52	0.48	0.78		0.78	0.53	0.51	0.65	0.75	0.5	0.47	0.76	0.68	0.12	0.46	0.86	0.57
Net Receivables	0.99	0.8	0.52	0.97	0.99	0.81	0.8	0.98	0.95	0.14	0.81	0.65	0.78		0.76	0.81	0.96	0.75	0.21	0.81	0.99	0.86	0.27	0.85	0.9	0.88
Common Stock Shares Outstanding	0.76	0.71	0.31	0.77	0.75	0.74	0.71	0.69	0.75	-0.02	0.74	0.51	0.53	0.76		0.7	0.71	0.52	0.18	0.73	0.75	0.95	0.21	0.71	0.72	0.72
Non Current Liabilities Total	0.86	0.99	0.6	0.88	0.82	0.99	0.98	0.77	0.84	0.29	0.99	0.56	0.51	0.81	0.7		0.88	0.72	0.1	0.99	0.84	0.73	0.44	0.95	0.64	0.93
Inventory	0.98	0.89	0.57	0.99	0.97	0.89	0.9	0.94	0.96	0.15	0.89	0.63	0.65	0.96	0.71	0.88		0.79	0.18	0.9	0.98	0.77	0.34	0.93	0.8	0.92
Other Current Assets	0.81	0.69	0.67	0.81	0.79	0.71	0.69	0.79	0.87	0.52	0.72	0.7	0.75	0.75	0.52	0.72	0.79		0.42	0.72	0.8	0.58	0.41	0.66	0.63	0.71
Other Stockholder Equity	0.22	0.05	0.68	0.22	0.23	0.11	0.05	0.26	0.23	0.55	0.11	0.6	0.5	0.21	0.18	0.1	0.18	0.42		0.12	0.24	0.19	0.03	0.07	0.28	0.1
Total Liab	0.87	0.99	0.6	0.89	0.82	1.0	0.99	0.76	0.86	0.22	1.0	0.54	0.47	0.81	0.73	0.99	0.9	0.72	0.12		0.85	0.74	0.42	0.97	0.61	0.95
Total Current Assets	1.0	0.84	0.56	0.99	0.99	0.85	0.84	0.98	0.97	0.17	0.85	0.66	0.76	0.99	0.75	0.84	0.98	0.8	0.24	0.85		0.83	0.32	0.88	0.88	0.9
Common Stock	0.83	0.72	0.38	0.82	0.85	0.76	0.72	0.82	0.81	0.0	0.76	0.53	0.68	0.86	0.95	0.73	0.77	0.58	0.19	0.74	0.83		0.22	0.73	0.86	0.79
Current Deferred Revenue	0.36	0.43	0.24	0.39	0.29	0.41	0.43	0.23	0.44	0.13	0.41	0.18	0.12	0.27	0.21	0.44	0.34	0.41	0.03	0.42	0.32	0.22		0.36	0.15	0.27
Short Term Debt	0.89	0.98	0.52	0.92	0.85	0.97	0.98	0.8	0.85	0.12	0.97	0.5	0.46	0.85	0.71	0.95	0.93	0.66	0.07	0.97	0.88	0.73	0.36		0.66	0.95
Intangible Assets	0.88	0.61	0.43	0.83	0.91	0.64	0.61	0.92	0.8	0.15	0.64	0.61	0.86	0.9	0.72	0.64	0.8	0.63	0.28	0.61	0.88	0.86	0.15	0.66		0.73
Other Liab	0.9	0.94	0.62	0.9	0.89	0.96	0.94	0.86	0.87	0.13	0.96	0.5	0.57	0.88	0.72	0.93	0.92	0.71	0.1	0.95	0.9	0.79	0.27	0.95	0.73

Click cells to compare fundamentals

TCPL Packaging Account Relationship Matchups

TCPL Packaging fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0B	8.4B	10.7B	12.2B	13.3B	13.9B
Short Long Term Debt Total	3.7B	3.5B	4.6B	5.0B	5.0B	2.7B
Other Current Liab	101.5M	328.0M	502.0M	479.5M	487.2M	314.3M
Total Current Liabilities	3.2B	3.5B	4.6B	5.1B	5.1B	5.3B
Total Stockholder Equity	2.7B	3.0B	3.4B	4.4B	5.3B	5.5B
Property Plant And Equipment Net	4.5B	4.6B	5.8B	6.2B	6.9B	3.5B
Net Debt	3.6B	3.5B	4.6B	5.0B	5.0B	2.6B
Retained Earnings	1.3B	1.6B	2.0B	3.0B	3.9B	4.1B
Accounts Payable	888.9M	1.4B	1.7B	1.6B	1.8B	1.9B
Cash	2.1M	30.7M	63.3M	39.9M	53.7M	38.2M
Non Current Assets Total	4.7B	4.8B	6.1B	6.5B	7.2B	3.6B
Cash And Short Term Investments	5.8M	49.4M	97.6M	79.1M	218.3M	229.2M
Net Receivables	2.0B	1.8B	2.3B	3.0B	3.4B	3.6B
Liabilities And Stockholders Equity	8.0B	8.4B	10.7B	12.2B	13.3B	13.9B
Non Current Liabilities Total	2.1B	1.9B	2.7B	2.6B	2.9B	1.7B
Inventory	1.3B	1.4B	1.8B	2.4B	2.1B	2.2B
Other Current Assets	2.7M	362.5M	395.3M	303.3M	351.3M	368.9M
Total Liab	5.3B	5.4B	7.3B	7.7B	8.0B	4.1B
Total Current Assets	3.3B	3.6B	4.6B	5.7B	6.1B	6.4B
Accumulated Other Comprehensive Income	(1.3B)	859.7M	868.5M	867.5M	11.1M	11.6M
Current Deferred Revenue	124.5M	168.3M	364.8M	24.8M	81.3M	113.3M
Short Term Debt	2.1B	1.7B	2.4B	3.0B	2.7B	1.8B
Intangible Assets	17.4M	13.1M	17.6M	21.6M	48.1M	50.5M
Other Liab	423.4M	435.5M	479.1M	609.1M	700.5M	409.3M
Net Tangible Assets	2.7B	3.0B	3.3B	4.4B	5.0B	2.7B
Other Assets	157.5M	176.2M	140.1M	104.6M	120.3M	117.2M
Long Term Debt	1.5B	1.3B	2.1B	1.9B	2.2B	1.7B
Short Long Term Debt	2.0B	1.5B	2.4B	3.0B	2.6B	1.9B
Property Plant Equipment	4.5B	4.6B	5.8B	6.2B	7.1B	4.6B
Long Term Debt Total	1.6B	1.5B	2.1B	2.0B	2.3B	1.7B
Non Current Liabilities Other	116.3M	100.3M	82.4M	159.2M	148.0M	104.1M
Net Invested Capital	6.3B	5.8B	7.9B	9.3B	10.1B	7.9B
Net Working Capital	101.0M	130.7M	(21.8M)	599.6M	1.0B	1.1B

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

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.

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

TCPL Total Current Liabilities vs Retained Earnings Analysis

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Retained Earnings

TCPL Packaging fundamental ratios Correlations

TCPL Packaging Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TCPL Packaging fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in TCPL Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.02	Cash
Common Stock	- 0.0	Cash