Tucows Good Will vs Current Deferred Revenue Analysis

TCX Stock

USD 17.69 0.38 2.20%

Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Good Will and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows 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 main economic indicators.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tucows' Good Will and Current Deferred Revenue is -0.11. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Tucows Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Tucows' Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows 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 Tucows 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 main economic indicators.

Enterprise Value is likely to rise to about 564.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 31.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	78.3M	78.2M	108.9M	114.3M
Total Revenue	304.3M	321.1M	339.3M	356.3M

Gross Profit Total Revenue

Tucows fundamental ratios Correlations

	Total Assets	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	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Common Stock	Good Will	Intangible Assets	Current Deferred Revenue
Total Assets		0.83	0.92	0.23	0.96	0.95	0.16	0.92	0.77	1.0	0.7	0.77	0.96	0.24	0.88	-0.27	0.99	0.97	0.97	0.93	0.97	0.47	0.94	0.79	0.51	-0.31
Other Current Liab	0.83		0.63	-0.32	0.89	0.96	-0.37	0.66	0.97	0.82	0.66	0.97	0.7	0.2	0.56	0.0	0.9	0.87	0.85	0.97	0.94	0.33	0.77	0.37	0.04	-0.27
Total Current Liabilities	0.92	0.63		0.42	0.78	0.78	0.41	0.87	0.56	0.9	0.81	0.56	0.94	0.38	0.99	-0.55	0.88	0.79	0.94	0.76	0.8	0.65	0.87	0.85	0.77	-0.45
Total Stockholder Equity	0.23	-0.32	0.42		0.07	-0.05	0.97	0.33	-0.42	0.26	0.06	-0.42	0.35	-0.03	0.49	-0.34	0.1	0.11	0.14	-0.11	-0.01	0.1	0.23	0.71	0.78	0.03
Property Plant And Equipment Net	0.96	0.89	0.78	0.07		0.97	-0.03	0.89	0.82	0.97	0.55	0.82	0.89	0.16	0.73	-0.06	0.97	1.0	0.9	0.96	0.99	0.33	0.92	0.66	0.27	-0.23
Net Debt	0.95	0.96	0.78	-0.05	0.97		-0.13	0.82	0.91	0.94	0.67	0.91	0.85	0.19	0.73	-0.1	0.98	0.97	0.93	1.0	0.99	0.38	0.88	0.6	0.25	-0.26
Retained Earnings	0.16	-0.37	0.41	0.97	-0.03	-0.13		0.27	-0.45	0.18	0.11	-0.45	0.32	0.01	0.49	-0.48	0.03	0.01	0.11	-0.18	-0.09	0.15	0.17	0.65	0.82	-0.05
Accounts Payable	0.92	0.66	0.87	0.33	0.89	0.82	0.27		0.61	0.93	0.49	0.61	0.95	0.18	0.83	-0.32	0.9	0.9	0.87	0.8	0.86	0.54	0.91	0.78	0.51	-0.27
Cash	0.77	0.97	0.56	-0.42	0.82	0.91	-0.45	0.61		0.74	0.62	1.0	0.63	0.11	0.49	-0.02	0.84	0.81	0.81	0.93	0.89	0.34	0.66	0.29	-0.01	-0.19
Non Current Assets Total	1.0	0.82	0.9	0.26	0.97	0.94	0.18	0.93	0.74		0.66	0.74	0.96	0.22	0.87	-0.23	0.98	0.97	0.95	0.92	0.96	0.43	0.94	0.8	0.5	-0.29
Non Currrent Assets Other	0.7	0.66	0.81	0.06	0.55	0.67	0.11	0.49	0.62	0.66		0.62	0.65	0.51	0.81	-0.51	0.71	0.54	0.82	0.67	0.65	0.6	0.64	0.52	0.59	-0.57
Cash And Short Term Investments	0.77	0.97	0.56	-0.42	0.82	0.91	-0.45	0.61	1.0	0.74	0.62		0.63	0.11	0.49	-0.02	0.84	0.81	0.81	0.93	0.89	0.34	0.66	0.29	-0.01	-0.19
Net Receivables	0.96	0.7	0.94	0.35	0.89	0.85	0.32	0.95	0.63	0.96	0.65	0.63		0.31	0.91	-0.41	0.93	0.91	0.93	0.83	0.89	0.47	0.95	0.82	0.6	-0.4
Common Stock Shares Outstanding	0.24	0.2	0.38	-0.03	0.16	0.19	0.01	0.18	0.11	0.22	0.51	0.11	0.31		0.37	-0.15	0.25	0.16	0.3	0.18	0.2	0.19	0.43	0.03	0.21	-0.95
Other Current Assets	0.88	0.56	0.99	0.49	0.73	0.73	0.49	0.83	0.49	0.87	0.81	0.49	0.91	0.37		-0.59	0.84	0.74	0.9	0.7	0.75	0.62	0.84	0.88	0.82	-0.44
Other Stockholder Equity	-0.27	0.0	-0.55	-0.34	-0.06	-0.1	-0.48	-0.32	-0.02	-0.23	-0.51	-0.02	-0.41	-0.15	-0.59		-0.23	-0.07	-0.39	-0.09	-0.12	-0.64	-0.23	-0.45	-0.71	0.23
Total Liab	0.99	0.9	0.88	0.1	0.97	0.98	0.03	0.9	0.84	0.98	0.71	0.84	0.93	0.25	0.84	-0.23		0.97	0.98	0.97	0.99	0.47	0.93	0.71	0.42	-0.32
Property Plant And Equipment Gross	0.97	0.87	0.79	0.11	1.0	0.97	0.01	0.9	0.81	0.97	0.54	0.81	0.91	0.16	0.74	-0.07	0.97		0.91	0.95	0.98	0.33	0.92	0.69	0.3	-0.23
Total Current Assets	0.97	0.85	0.94	0.14	0.9	0.93	0.11	0.87	0.81	0.95	0.82	0.81	0.93	0.3	0.9	-0.39	0.98	0.91		0.93	0.94	0.57	0.9	0.73	0.54	-0.38
Short Long Term Debt Total	0.93	0.97	0.76	-0.11	0.96	1.0	-0.18	0.8	0.93	0.92	0.67	0.93	0.83	0.18	0.7	-0.09	0.97	0.95	0.93		0.99	0.38	0.86	0.56	0.22	-0.25
Non Current Liabilities Total	0.97	0.94	0.8	-0.01	0.99	0.99	-0.09	0.86	0.89	0.96	0.65	0.89	0.89	0.2	0.75	-0.12	0.99	0.98	0.94	0.99		0.39	0.9	0.63	0.29	-0.27
Short Term Debt	0.47	0.33	0.65	0.1	0.33	0.38	0.15	0.54	0.34	0.43	0.6	0.34	0.47	0.19	0.62	-0.64	0.47	0.33	0.57	0.38	0.39		0.41	0.43	0.51	-0.26
Common Stock	0.94	0.77	0.87	0.23	0.92	0.88	0.17	0.91	0.66	0.94	0.64	0.66	0.95	0.43	0.84	-0.23	0.93	0.92	0.9	0.86	0.9	0.41		0.72	0.44	-0.52
Good Will	0.79	0.37	0.85	0.71	0.66	0.6	0.65	0.78	0.29	0.8	0.52	0.29	0.82	0.03	0.88	-0.45	0.71	0.69	0.73	0.56	0.63	0.43	0.72		0.84	-0.11
Intangible Assets	0.51	0.04	0.77	0.78	0.27	0.25	0.82	0.51	-0.01	0.5	0.59	-0.01	0.6	0.21	0.82	-0.71	0.42	0.3	0.54	0.22	0.29	0.51	0.44	0.84		-0.25
Current Deferred Revenue	-0.31	-0.27	-0.45	0.03	-0.23	-0.26	-0.05	-0.27	-0.19	-0.29	-0.57	-0.19	-0.4	-0.95	-0.44	0.23	-0.32	-0.23	-0.38	-0.25	-0.27	-0.26	-0.52	-0.11	-0.25

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Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	425.9M	451.9M	539.6M	664.7M	798.4M	838.3M
Other Current Liab	11.6M	24.9M	33.1M	36.6M	157.3M	165.2M
Total Current Liabilities	156.9M	163.0M	173.7M	188.2M	201.3M	211.4M
Total Stockholder Equity	94.2M	104.7M	115.1M	96.7M	9.9M	9.4M
Property Plant And Equipment Net	93.5M	128.8M	190.2M	302.0M	367.1M	385.5M
Net Debt	103.9M	124.4M	196.6M	232.5M	475.6M	499.4M
Retained Earnings	76.2M	80.1M	83.5M	55.9M	(40.3M)	(38.3M)
Accounts Payable	6.7M	6.3M	10.0M	17.2M	12.7M	13.3M
Cash	20.4M	8.3M	9.1M	23.5M	92.7M	97.3M
Non Current Assets Total	280.2M	310.7M	392.6M	494.8M	555.7M	583.5M
Non Currrent Assets Other	19.3M	18.0M	19.6M	7.5M	26.7M	28.0M
Cash And Short Term Investments	20.4M	8.3M	9.1M	23.5M	92.7M	97.3M
Net Receivables	16.4M	16.8M	18.8M	26.0M	23.6M	24.8M
Common Stock Shares Outstanding	10.8M	10.7M	10.8M	10.8M	10.9M	12.9M
Liabilities And Stockholders Equity	425.9M	451.9M	539.6M	664.7M	798.4M	838.3M
Other Current Assets	105.5M	114.2M	115.8M	113.1M	119.7M	125.6M
Other Stockholder Equity	880K	1.5M	2.8M	8.1M	14.1M	14.8M
Total Liab	331.7M	347.2M	424.5M	568.1M	788.6M	828.0M
Property Plant And Equipment Gross	93.5M	128.8M	172.7M	281.5M	323.7M	339.9M
Total Current Assets	145.7M	141.2M	147.0M	169.9M	242.8M	254.9M
Accumulated Other Comprehensive Income	473K	2.3M	343K	784K	1.7M	1.8M
Short Long Term Debt Total	124.3M	132.7M	205.8M	256.0M	568.3M	596.7M
Non Current Liabilities Total	174.8M	184.2M	250.8M	379.9M	587.2M	616.6M
Short Term Debt	18.4M	1.4M	3.5M	9.3M	10.8M	11.3M
Common Stock	16.6M	20.8M	28.5M	31.9M	34.4M	32.7M
Good Will	90.1M	109.8M	116.3M	130.4M	117.4M	66.3M
Intangible Assets	57.7M	47.4M	50.4M	39.8M	29.5M	24.6M
Current Deferred Revenue	137.2M	142.7M	141.1M	138.7M	19.3M	18.4M
Other Assets	19.3M	18.2M	19.6M	20.6M	23.7M	15.9M
Long Term Debt	113.5M	121.7M	190.7M	238.9M	274.8M	288.5M
Property Plant Equipment	82.1M	117.5M	190.2M	281.5M	323.7M	339.9M
Other Liab	51.9M	53.3M	48.2M	38.1M	43.8M	25.8M
Common Stock Total Equity	16.6M	20.8M	28.5M	31.9M	36.6M	38.5M
Inventory	3.5M	1.9M	3.3M	7.3M	6.8M	7.1M
Net Tangible Assets	129.8M	138.8M	(65.7M)	131.3M	151.0M	158.6M
Retained Earnings Total Equity	76.2M	80.1M	83.5M	55.9M	64.3M	33.4M
Capital Surpluse	880K	1.5M	2.8M	8.1M	7.3M	10.9M
Deferred Long Term Liab	25.5M	24.8M	19.3M	15.7M	18.1M	25.9M
Non Current Liabilities Other	216K	3.6M	2.0M	90.6M	104.2M	109.4M

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Tucows Good Will vs Current Deferred Revenue Analysis

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Good Will

Current Deferred Revenue

Tucows fundamental ratios Correlations

Tucows Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tucows fundamental ratios Accounts

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Additional Tools for Tucows Stock Analysis

COMMON DESTINATIONS

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COMPANY

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

Current Deferred Revenue	- 0.95	Common Stock Shares Outstanding
Intangible Assets	- 0.71	Other Stockholder Equity
Short Term Debt	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.59	Other Current Assets
Current Deferred Revenue	- 0.57	Non Currrent Assets Other
Other Stockholder Equity	- 0.55	Total Current Liabilities