TECSYS Short Term Debt vs Short Long Term Debt Total Analysis

TCS Stock

CAD 44.77 0.18 0.40%

TECSYS financial indicator trend analysis is much more than just breaking down TECSYS Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TECSYS Inc is a good investment. Please check the relationship between TECSYS Short Term Debt and its Short Long Term Debt Total accounts. 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.

Short Term Debt vs Short Long Term Debt Total

Short Term Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TECSYS Inc Short Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between TECSYS's Short Term Debt and Short Long Term Debt Total is 0.41. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of TECSYS Inc, assuming nothing else is changed. The correlation between historical values of TECSYS's Short Term Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of TECSYS Inc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Debt i.e., TECSYS's Short Term Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Short Long Term Debt Total

Most indicators from TECSYS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

At this time, TECSYS's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 26.2 M, while Selling General Administrative is likely to drop about 7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	60.3M	66.8M	75.8M	79.6M
Total Revenue	137.2M	152.4M	171.2M	179.8M

Gross Profit Total Revenue

TECSYS fundamental ratios 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 fundamental ratios 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

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.

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TECSYS Short Term Debt vs Short Long Term Debt Total Analysis

Short Term Debt vs Short Long Term Debt Total

Short Term Debt vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Short Term Debt

Short Long Term Debt Total

TECSYS fundamental ratios Correlations

TECSYS Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TECSYS fundamental ratios Accounts

Pair Trading with TECSYS

Moving together with TECSYS Stock

Other Information on Investing in TECSYS Stock

COMMON DESTINATIONS

MAIN CATEGORIES

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