TECSYS Historical Balance Sheet

TCS Stock

CAD 44.77 0.18 0.40%

Trend analysis of TECSYS Inc balance sheet accounts such as Total Stockholder Equity of 71.8 M, Property Plant And Equipment Net of 4 M, Current Deferred Revenue of 38 M or Accounts Payable of 6.7 M provides information on TECSYS's total assets, liabilities, and equity, which is the actual value of TECSYS Inc to its prevalent stockholders. By breaking down trends over time using TECSYS balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining TECSYS Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TECSYS Inc is a good buy for the upcoming year.

TECSYS Inventory

1.16 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TECSYS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About TECSYS Balance Sheet Analysis

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

TECSYS Balance Sheet Chart

At this time, TECSYS's Accounts Payable is very stable compared to the past year. As of the 1st of December 2024, Non Current Assets Total is likely to grow to about 51.5 M, while Short and Long Term Debt Total is likely to drop about 2 M.

Other Stockholder Equity Long Term Debt Total

Add Fundamental

Most accounts from TECSYS's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into TECSYS Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 TECSYS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	14.2M	2.9M	2.1M	2.0M
Total Assets	125.8M	126.9M	128.0M	134.4M

Short Long Term Debt Total Total Assets

TECSYS balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Cash	Cash And Short Term Investments	Short Term Investments
Total Assets		0.39	0.86	0.97	0.99	0.6	0.9	-0.64	-0.11	0.97	-0.55	0.97	0.58	0.81	0.55	0.95	-0.67	0.98	0.9	0.98	-0.16	0.61	0.76	0.81	0.87	0.2
Short Long Term Debt Total	0.39		0.34	0.22	0.29	0.85	0.0	0.36	-0.42	0.49	-0.83	0.24	-0.13	0.12	0.95	0.28	-0.76	0.49	0.37	0.29	0.41	0.09	0.67	0.68	0.59	0.31
Other Current Liab	0.86	0.34		0.82	0.86	0.67	0.73	-0.61	-0.2	0.82	-0.42	0.83	0.57	0.69	0.45	0.77	-0.53	0.82	0.76	0.86	-0.17	0.56	0.53	0.73	0.76	0.18
Total Current Liabilities	0.97	0.22	0.82		0.95	0.44	0.97	-0.69	-0.11	0.91	-0.38	0.96	0.61	0.75	0.38	0.98	-0.52	0.95	0.89	0.98	-0.15	0.49	0.66	0.68	0.78	0.23
Total Stockholder Equity	0.99	0.29	0.86	0.95		0.55	0.91	-0.73	-0.07	0.95	-0.49	0.97	0.61	0.84	0.46	0.93	-0.62	0.94	0.9	0.98	-0.24	0.68	0.69	0.78	0.85	0.16
Property Plant And Equipment Net	0.6	0.85	0.67	0.44	0.55		0.25	-0.04	-0.44	0.64	-0.74	0.45	0.08	0.39	0.86	0.45	-0.74	0.64	0.58	0.55	0.15	0.34	0.61	0.79	0.73	0.27
Current Deferred Revenue	0.9	0.0	0.73	0.97	0.91	0.25		-0.78	-0.05	0.81	-0.19	0.92	0.6	0.77	0.18	0.95	-0.35	0.86	0.86	0.93	-0.26	0.47	0.5	0.51	0.67	0.2
Net Debt	-0.64	0.36	-0.61	-0.69	-0.73	-0.04	-0.78		-0.28	-0.55	-0.03	-0.71	-0.69	-0.8	0.15	-0.6	0.11	-0.52	-0.52	-0.69	0.69	-0.69	-0.22	-0.34	-0.41	0.18
Accounts Payable	-0.11	-0.42	-0.2	-0.11	-0.07	-0.44	-0.05	-0.28		-0.07	0.14	-0.06	0.32	0.2	-0.24	-0.23	0.24	-0.16	-0.39	-0.14	-0.53	0.44	0.03	-0.26	-0.37	-0.74
Non Current Assets Total	0.97	0.49	0.82	0.91	0.95	0.64	0.81	-0.55	-0.07		-0.66	0.95	0.49	0.78	0.66	0.9	-0.73	0.97	0.82	0.92	-0.15	0.62	0.84	0.83	0.85	0.09
Non Currrent Assets Other	-0.55	-0.83	-0.42	-0.38	-0.49	-0.74	-0.19	-0.03	0.14	-0.66		-0.43	-0.13	-0.4	-0.88	-0.43	0.96	-0.61	-0.46	-0.45	-0.13	-0.39	-0.85	-0.79	-0.71	-0.17
Other Assets	0.97	0.24	0.83	0.96	0.97	0.45	0.92	-0.71	-0.06	0.95	-0.43		0.55	0.78	0.43	0.95	-0.55	0.94	0.84	0.95	-0.22	0.62	0.68	0.72	0.78	0.11
Net Receivables	0.58	-0.13	0.57	0.61	0.61	0.08	0.6	-0.69	0.32	0.49	-0.13	0.55		0.62	-0.01	0.48	-0.22	0.52	0.41	0.62	-0.32	0.55	0.46	0.48	0.5	0.01
Common Stock Shares Outstanding	0.81	0.12	0.69	0.75	0.84	0.39	0.77	-0.8	0.2	0.78	-0.4	0.78	0.62		0.36	0.71	-0.48	0.74	0.68	0.8	-0.67	0.79	0.6	0.56	0.65	-0.14
Non Current Liabilities Total	0.55	0.95	0.45	0.38	0.46	0.86	0.18	0.15	-0.24	0.66	-0.88	0.43	-0.01	0.36		0.43	-0.8	0.64	0.45	0.45	0.18	0.28	0.8	0.72	0.64	0.12
Other Current Assets	0.95	0.28	0.77	0.98	0.93	0.45	0.95	-0.6	-0.23	0.9	-0.43	0.95	0.48	0.71	0.43		-0.56	0.95	0.92	0.95	-0.07	0.4	0.66	0.67	0.8	0.32
Other Stockholder Equity	-0.67	-0.76	-0.53	-0.52	-0.62	-0.74	-0.35	0.11	0.24	-0.73	0.96	-0.55	-0.22	-0.48	-0.8	-0.56		-0.7	-0.63	-0.6	-0.13	-0.44	-0.82	-0.85	-0.83	-0.32
Total Liab	0.98	0.49	0.82	0.95	0.94	0.64	0.86	-0.52	-0.16	0.97	-0.61	0.94	0.52	0.74	0.64	0.95	-0.7		0.88	0.96	-0.05	0.5	0.82	0.81	0.86	0.24
Property Plant And Equipment Gross	0.9	0.37	0.76	0.89	0.9	0.58	0.86	-0.52	-0.39	0.82	-0.46	0.84	0.41	0.68	0.45	0.92	-0.63	0.88		0.93	0.01	0.42	0.57	0.72	0.88	0.53
Total Current Assets	0.98	0.29	0.86	0.98	0.98	0.55	0.93	-0.69	-0.14	0.92	-0.45	0.95	0.62	0.8	0.45	0.95	-0.6	0.96	0.93		-0.16	0.57	0.68	0.76	0.86	0.28
Short Term Debt	-0.16	0.41	-0.17	-0.15	-0.24	0.15	-0.26	0.69	-0.53	-0.15	-0.13	-0.22	-0.32	-0.67	0.18	-0.07	-0.13	-0.05	0.01	-0.16		-0.57	-0.01	0.09	0.07	0.64
Retained Earnings	0.61	0.09	0.56	0.49	0.68	0.34	0.47	-0.69	0.44	0.62	-0.39	0.62	0.55	0.79	0.28	0.4	-0.44	0.5	0.42	0.57	-0.57		0.49	0.57	0.52	-0.29
Intangible Assets	0.76	0.67	0.53	0.66	0.69	0.61	0.5	-0.22	0.03	0.84	-0.85	0.68	0.46	0.6	0.8	0.66	-0.82	0.82	0.57	0.68	-0.01	0.49		0.83	0.77	0.08
Cash	0.81	0.68	0.73	0.68	0.78	0.79	0.51	-0.34	-0.26	0.83	-0.79	0.72	0.48	0.56	0.72	0.67	-0.85	0.81	0.72	0.76	0.09	0.57	0.83		0.95	0.33
Cash And Short Term Investments	0.87	0.59	0.76	0.78	0.85	0.73	0.67	-0.41	-0.37	0.85	-0.71	0.78	0.5	0.65	0.64	0.8	-0.83	0.86	0.88	0.86	0.07	0.52	0.77	0.95		0.49
Short Term Investments	0.2	0.31	0.18	0.23	0.16	0.27	0.2	0.18	-0.74	0.09	-0.17	0.11	0.01	-0.14	0.12	0.32	-0.32	0.24	0.53	0.28	0.64	-0.29	0.08	0.33	0.49

Click cells to compare fundamentals

TECSYS Account Relationship Matchups

TECSYS balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	124.4M	129.3M	125.8M	126.9M	128.0M	134.4M
Short Long Term Debt Total	20.9M	18.8M	14.2M	2.9M	2.1M	2.0M
Other Current Liab	21.4M	15.6M	13.1M	14.7M	15.5M	16.3M
Total Current Liabilities	42.9M	44.0M	43.5M	52.9M	57.1M	59.9M
Total Stockholder Equity	61.1M	67.1M	68.7M	70.4M	68.4M	71.8M
Property Plant And Equipment Net	11.1M	9.9M	6.6M	3.5M	2.6M	4.0M
Current Deferred Revenue	16.2M	22.0M	24.7M	30.4M	36.2M	38.0M
Net Debt	(6.6M)	(7.0M)	(8.8M)	(18.3M)	(16.7M)	(15.9M)
Accounts Payable	3.2M	4.4M	3.9M	6.9M	4.5M	6.7M
Non Current Assets Total	57.4M	53.5M	51.4M	50.1M	49.1M	51.5M
Non Currrent Assets Other	(43.1M)	(40.6M)	(35.6M)	(32.5M)	9.2M	9.7M
Other Assets	11.6M	14.3M	12.9M	15.8M	18.1M	19.0M
Net Receivables	19.3M	17.0M	18.5M	24.6M	26.3M	16.3M
Common Stock Shares Outstanding	13.1M	14.8M	14.9M	14.8M	14.7M	13.9M
Liabilities And Stockholders Equity	124.4M	129.3M	125.8M	126.9M	128.0M	134.4M
Non Current Liabilities Total	20.4M	18.2M	13.6M	3.6M	2.6M	4.5M
Other Current Assets	9.6M	12.1M	11.9M	14.1M	15.7M	16.5M
Other Stockholder Equity	(49.7M)	(55.1M)	(56.9M)	(55.2M)	9.4M	8.8M
Total Liab	63.3M	62.2M	57.2M	56.5M	59.7M	62.7M
Property Plant And Equipment Gross	11.1M	22.3M	20.3M	17.6M	17.7M	18.5M
Total Current Assets	67.0M	75.8M	74.4M	76.8M	79.0M	82.9M
Accumulated Other Comprehensive Income	416K	226K	(1.4M)	(17K)	(1.4M)	(1.4M)
Short Term Debt	2.2M	2.1M	1.9M	793K	812K	1.3M
Retained Earnings	8.8M	12.4M	13.0M	10.8M	8.1M	8.5M
Intangible Assets	14.5M	13.3M	12.2M	11.5M	10.4M	5.5M
Cash	27.5M	25.8M	23.0M	21.2M	18.9M	10.9M
Cash And Short Term Investments	37.5M	45.9M	43.2M	37.1M	35.6M	17.9M
Short Term Investments	10M	20.1M	20.2M	15.8M	16.7M	10.1M
Inventory	1.5M	810K	2.4M	2.8M	1.4M	1.2M
Common Stock	40.9M	42.7M	44.0M	44.3M	52.3M	29.6M
Good Will	17.5M	17.4M	16.9M	17.5M	17.4M	18.2M
Other Liab	4.1M	1.6M	1.5M	1.3M	1.4M	1.2M
Net Tangible Assets	6.3M	29.1M	36.4M	39.6M	45.6M	25.9M
Long Term Debt	10.8M	9.6M	8.4M	7.2M	8.3M	5.4M
Short Long Term Debt	1.0M	1.2M	1.2M	1.2M	1.1M	995.2K
Property Plant Equipment	2.7M	11.1M	9.9M	6.6M	7.6M	5.3M
Long Term Debt Total	10.8M	18.8M	16.7M	12.4M	14.2M	10.8M
Capital Surpluse	9.9M	11.0M	11.7M	13.2M	15.2M	11.9M

Pair Trading with TECSYS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TECSYS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TECSYS will appreciate offsetting losses from the drop in the long position's value.

Moving together with TECSYS Stock

0.65	WMT	Walmart Inc CDR	Pair Corr
0.72	BRK	Berkshire Hathaway CDR	Pair Corr

The ability to find closely correlated positions to TECSYS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TECSYS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TECSYS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TECSYS Inc to buy it.

The correlation of TECSYS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TECSYS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TECSYS Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for TECSYS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in TECSYS Stock

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TECSYS Historical Balance Sheet

TECSYS Inventory

1.16 Million

About TECSYS Balance Sheet Analysis

TECSYS Balance Sheet Chart

TECSYS balance sheet Correlations

TECSYS Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TECSYS balance sheet Accounts

Pair Trading with TECSYS

Moving together with TECSYS Stock

Other Information on Investing in TECSYS Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Other Current Assets	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Stockholder Equity

Non Current Liabilities Total	- 0.88	Non Currrent Assets Other
Cash	- 0.85	Other Stockholder Equity
Intangible Assets	- 0.85	Non Currrent Assets Other
Cash And Short Term Investments	- 0.83	Other Stockholder Equity
Non Currrent Assets Other	- 0.83	Short Long Term Debt Total
Intangible Assets	- 0.82	Other Stockholder Equity