Tucows Non Current Assets Total vs Total Revenue Analysis

TCX Stock  USD 18.39  0.30  1.66%   
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 Non Current Assets Total and its Total 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.

Non Current Assets Total vs Total Revenue

Non Current Assets Total vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Non Current Assets Total account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tucows' Non Current Assets Total and Total Revenue is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total 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' Non Current Assets Total and Total 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 Non Current Assets Total of Tucows Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., Tucows' Non Current Assets Total and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Revenue

Total revenue comprises all receipts Tucows Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Profit78.3M78.2M108.9M114.3M
Total Revenue304.3M321.1M339.3M356.3M

Tucows fundamental ratios Correlations

0.830.920.230.960.950.160.920.771.00.70.770.960.240.88-0.270.990.970.970.930.970.470.940.790.51-0.31
0.830.63-0.320.890.96-0.370.660.970.820.660.970.70.20.560.00.90.870.850.970.940.330.770.370.04-0.27
0.920.630.420.780.780.410.870.560.90.810.560.940.380.99-0.550.880.790.940.760.80.650.870.850.77-0.45
0.23-0.320.420.07-0.050.970.33-0.420.260.06-0.420.35-0.030.49-0.340.10.110.14-0.11-0.010.10.230.710.780.03
0.960.890.780.070.97-0.030.890.820.970.550.820.890.160.73-0.060.971.00.90.960.990.330.920.660.27-0.23
0.950.960.78-0.050.97-0.130.820.910.940.670.910.850.190.73-0.10.980.970.931.00.990.380.880.60.25-0.26
0.16-0.370.410.97-0.03-0.130.27-0.450.180.11-0.450.320.010.49-0.480.030.010.11-0.18-0.090.150.170.650.82-0.05
0.920.660.870.330.890.820.270.610.930.490.610.950.180.83-0.320.90.90.870.80.860.540.910.780.51-0.27
0.770.970.56-0.420.820.91-0.450.610.740.621.00.630.110.49-0.020.840.810.810.930.890.340.660.29-0.01-0.19
1.00.820.90.260.970.940.180.930.740.660.740.960.220.87-0.230.980.970.950.920.960.430.940.80.5-0.29
0.70.660.810.060.550.670.110.490.620.660.620.650.510.81-0.510.710.540.820.670.650.60.640.520.59-0.57
0.770.970.56-0.420.820.91-0.450.611.00.740.620.630.110.49-0.020.840.810.810.930.890.340.660.29-0.01-0.19
0.960.70.940.350.890.850.320.950.630.960.650.630.310.91-0.410.930.910.930.830.890.470.950.820.6-0.4
0.240.20.38-0.030.160.190.010.180.110.220.510.110.310.37-0.150.250.160.30.180.20.190.430.030.21-0.95
0.880.560.990.490.730.730.490.830.490.870.810.490.910.37-0.590.840.740.90.70.750.620.840.880.82-0.44
-0.270.0-0.55-0.34-0.06-0.1-0.48-0.32-0.02-0.23-0.51-0.02-0.41-0.15-0.59-0.23-0.07-0.39-0.09-0.12-0.64-0.23-0.45-0.710.23
0.990.90.880.10.970.980.030.90.840.980.710.840.930.250.84-0.230.970.980.970.990.470.930.710.42-0.32
0.970.870.790.111.00.970.010.90.810.970.540.810.910.160.74-0.070.970.910.950.980.330.920.690.3-0.23
0.970.850.940.140.90.930.110.870.810.950.820.810.930.30.9-0.390.980.910.930.940.570.90.730.54-0.38
0.930.970.76-0.110.961.0-0.180.80.930.920.670.930.830.180.7-0.090.970.950.930.990.380.860.560.22-0.25
0.970.940.8-0.010.990.99-0.090.860.890.960.650.890.890.20.75-0.120.990.980.940.990.390.90.630.29-0.27
0.470.330.650.10.330.380.150.540.340.430.60.340.470.190.62-0.640.470.330.570.380.390.410.430.51-0.26
0.940.770.870.230.920.880.170.910.660.940.640.660.950.430.84-0.230.930.920.90.860.90.410.720.44-0.52
0.790.370.850.710.660.60.650.780.290.80.520.290.820.030.88-0.450.710.690.730.560.630.430.720.84-0.11
0.510.040.770.780.270.250.820.51-0.010.50.59-0.010.60.210.82-0.710.420.30.540.220.290.510.440.84-0.25
-0.31-0.27-0.450.03-0.23-0.26-0.05-0.27-0.19-0.29-0.57-0.19-0.4-0.95-0.440.23-0.32-0.23-0.38-0.25-0.27-0.26-0.52-0.11-0.25
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Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets425.9M451.9M539.6M664.7M798.4M838.3M
Other Current Liab11.6M24.9M33.1M36.6M157.3M165.2M
Total Current Liabilities156.9M163.0M173.7M188.2M201.3M211.4M
Total Stockholder Equity94.2M104.7M115.1M96.7M9.9M9.4M
Property Plant And Equipment Net93.5M128.8M190.2M302.0M367.1M385.5M
Net Debt103.9M124.4M196.6M232.5M475.6M499.4M
Retained Earnings76.2M80.1M83.5M55.9M(40.3M)(38.3M)
Accounts Payable6.7M6.3M10.0M17.2M12.7M13.3M
Cash20.4M8.3M9.1M23.5M92.7M97.3M
Non Current Assets Total280.2M310.7M392.6M494.8M555.7M583.5M
Non Currrent Assets Other19.3M18.0M19.6M7.5M26.7M28.0M
Cash And Short Term Investments20.4M8.3M9.1M23.5M92.7M97.3M
Net Receivables16.4M16.8M18.8M26.0M23.6M24.8M
Common Stock Shares Outstanding10.8M10.7M10.8M10.8M10.9M12.9M
Liabilities And Stockholders Equity425.9M451.9M539.6M664.7M798.4M838.3M
Other Current Assets105.5M114.2M115.8M113.1M119.7M125.6M
Other Stockholder Equity880K1.5M2.8M8.1M14.1M14.8M
Total Liab331.7M347.2M424.5M568.1M788.6M828.0M
Property Plant And Equipment Gross93.5M128.8M172.7M281.5M323.7M339.9M
Total Current Assets145.7M141.2M147.0M169.9M242.8M254.9M
Accumulated Other Comprehensive Income473K2.3M343K784K1.7M1.8M
Short Long Term Debt Total124.3M132.7M205.8M256.0M568.3M596.7M
Non Current Liabilities Total174.8M184.2M250.8M379.9M587.2M616.6M
Short Term Debt18.4M1.4M3.5M9.3M10.8M11.3M
Common Stock16.6M20.8M28.5M31.9M34.4M32.7M
Good Will90.1M109.8M116.3M130.4M117.4M66.3M
Intangible Assets57.7M47.4M50.4M39.8M29.5M24.6M
Current Deferred Revenue137.2M142.7M141.1M138.7M19.3M18.4M
Other Assets19.3M18.2M19.6M20.6M23.7M15.9M
Long Term Debt113.5M121.7M190.7M238.9M274.8M288.5M
Property Plant Equipment82.1M117.5M190.2M281.5M323.7M339.9M
Other Liab51.9M53.3M48.2M38.1M43.8M25.8M
Common Stock Total Equity16.6M20.8M28.5M31.9M36.6M38.5M
Inventory3.5M1.9M3.3M7.3M6.8M7.1M
Net Tangible Assets129.8M138.8M(65.7M)131.3M151.0M158.6M
Retained Earnings Total Equity76.2M80.1M83.5M55.9M64.3M33.4M
Capital Surpluse880K1.5M2.8M8.1M7.3M10.9M
Deferred Long Term Liab25.5M24.8M19.3M15.7M18.1M25.9M
Non Current Liabilities Other216K3.6M2.0M90.6M104.2M109.4M

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