Triumph Free Cash Flow vs Other Non Cash Items Analysis

TFINP Stock   23.66  0.02  0.08%   
Triumph Financial financial indicator trend analysis is much more than just breaking down Triumph Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Financial is a good investment. Please check the relationship between Triumph Financial Free Cash Flow and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Financial. 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.
To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triumph Financial Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Triumph Financial's Free Cash Flow and Other Non Cash Items is -0.48. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Triumph Financial, assuming nothing else is changed. The correlation between historical values of Triumph Financial's Free Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Triumph Financial are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Triumph Financial's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Other Non Cash Items

Most indicators from Triumph Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Financial 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 Triumph Financial. 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.
To learn how to invest in Triumph Stock, please use our How to Invest in Triumph Financial guide.At this time, Triumph Financial's Tax Provision is relatively stable compared to the past year. As of 12/14/2024, Sales General And Administrative To Revenue is likely to grow to 0.52, while Selling General Administrative is likely to drop slightly above 119.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense18.4M18.7M43.1M24.3M
Depreciation And Amortization22.9M25.2M25.3M26.5M

Triumph Financial fundamental ratios Correlations

0.840.970.990.260.810.920.960.910.850.890.760.490.080.930.440.10.960.830.57-0.790.470.630.760.73-0.22
0.840.730.830.740.530.570.820.710.60.80.790.240.340.840.370.340.820.660.6-0.590.250.310.470.490.21
0.970.730.980.10.870.960.950.890.90.870.720.60.010.890.510.020.940.830.56-0.790.610.750.790.7-0.35
0.990.830.980.260.830.910.970.890.870.890.770.550.060.910.490.070.950.820.61-0.810.550.690.770.7-0.23
0.260.740.10.26-0.04-0.120.270.110.030.340.44-0.160.430.320.080.420.260.160.39-0.12-0.13-0.2-0.060.00.66
0.810.530.870.83-0.040.830.80.70.970.740.570.87-0.230.660.64-0.230.770.650.74-0.840.790.90.890.77-0.54
0.920.570.960.91-0.120.830.890.920.850.760.640.56-0.030.850.45-0.010.90.80.41-0.740.530.710.780.72-0.5
0.960.820.950.970.270.80.890.920.850.870.880.570.210.910.610.230.950.810.58-0.70.560.650.670.58-0.25
0.910.710.890.890.110.70.920.920.730.770.830.440.280.930.530.310.930.80.35-0.60.330.470.560.56-0.38
0.850.60.90.870.030.970.850.850.730.830.590.78-0.180.750.58-0.180.80.780.76-0.850.740.840.870.79-0.43
0.890.80.870.890.340.740.760.870.770.830.640.460.070.860.410.080.80.880.56-0.750.430.530.650.63-0.18
0.760.790.720.770.440.570.640.880.830.590.640.450.530.80.720.550.840.570.49-0.420.360.40.360.27-0.11
0.490.240.60.55-0.160.870.560.570.440.780.460.45-0.240.330.8-0.250.50.310.66-0.630.830.860.650.45-0.64
0.080.340.010.060.43-0.23-0.030.210.28-0.180.070.53-0.240.290.381.00.20.16-0.130.47-0.29-0.35-0.42-0.410.1
0.930.840.890.910.320.660.850.910.930.750.860.80.330.290.420.320.950.880.48-0.640.290.390.550.58-0.12
0.440.370.510.490.080.640.450.610.530.580.410.720.80.380.420.370.530.320.52-0.260.60.580.30.11-0.54
0.10.340.020.070.42-0.23-0.010.230.31-0.180.080.55-0.251.00.320.370.220.17-0.150.46-0.3-0.36-0.42-0.40.11
0.960.820.940.950.260.770.90.950.930.80.80.840.50.20.950.530.220.760.55-0.710.470.580.670.62-0.21
0.830.660.830.820.160.650.80.810.80.780.880.570.310.160.880.320.170.760.4-0.580.360.420.550.59-0.24
0.570.60.560.610.390.740.410.580.350.760.560.490.66-0.130.480.52-0.150.550.4-0.690.630.660.710.620.01
-0.79-0.59-0.79-0.81-0.12-0.84-0.74-0.7-0.6-0.85-0.75-0.42-0.630.47-0.64-0.260.46-0.71-0.58-0.69-0.56-0.7-0.86-0.830.18
0.470.250.610.55-0.130.790.530.560.330.740.430.360.83-0.290.290.6-0.30.470.360.63-0.560.910.630.38-0.42
0.630.310.750.69-0.20.90.710.650.470.840.530.40.86-0.350.390.58-0.360.580.420.66-0.70.910.850.62-0.53
0.760.470.790.77-0.060.890.780.670.560.870.650.360.65-0.420.550.3-0.420.670.550.71-0.860.630.850.93-0.36
0.730.490.70.70.00.770.720.580.560.790.630.270.45-0.410.580.11-0.40.620.590.62-0.830.380.620.93-0.25
-0.220.21-0.35-0.230.66-0.54-0.5-0.25-0.38-0.43-0.18-0.11-0.640.1-0.12-0.540.11-0.21-0.240.010.18-0.42-0.53-0.36-0.25
Click cells to compare fundamentals

Triumph Financial Account Relationship Matchups

Triumph Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.9B6.0B5.3B5.3B3.9B
Short Long Term Debt Total556.9M424.4M354.7M179.0M405.4M307.3M
Total Stockholder Equity636.6M726.8M858.9M889.0M864.4M549.0M
Property Plant And Equipment Net96.6M103.4M105.7M103.3M113.5M71.9M
Net Debt359.0M110.0M(28.5M)(229.2M)118.8M83.5M
Retained Earnings229.0M289.6M399.4M498.5M536.3M563.1M
Cash197.9M314.4M383.2M408.2M286.6M223.8M
Non Current Assets Total549.6M529.4M575.5M632.9M686.7M469.2M
Cash And Short Term Investments446.7M538.7M565.6M662.7M392.7M447.2M
Short Term Investments248.8M224.3M182.4M254.5M299.6M241.1M
Liabilities And Stockholders Equity5.1B5.9B6.0B5.3B5.3B3.9B
Non Current Liabilities Total556.9M424.4M354.7M4.4B4.5B4.7B
Other Current Assets221.2M335.3M399.0M430.1M321.1M305.1M
Other Stockholder Equity406.2M386.1M406.2M352.1M285.7M302.1M
Total Liab556.9M424.4M354.7M4.4B4.5B4.7B
Total Current Assets446.7M538.7M565.6M662.7M392.7M373.1M
Accumulated Other Comprehensive Income1.1M5.8M8.0M(6.9M)(2.9M)(2.8M)
Common Stock271K272K280K283K290K236.0K
Intangible Assets31.5M26.7M43.1M32.1M23.6M27.5M
Non Currrent Assets Other(3.8M)(6.4M)(10.0M)(16.5M)8.8M9.2M
Total Current Liabilities1.2B1.4B2.1B1.8B1.6B1.5B
Other Liab53.8M45.7M58.1M60.1M69.2M59.0M
Net Tangible Assets446.3M491.9M537.0M578.2M664.9M547.9M
Accounts Payable3.8B4.7B4.6B4.2B4.8B4.6B
Other Assets4.1B4.9B4.8B4.0B4.3B4.7B
Long Term Debt556.9M424.4M354.7M179.0M405.4M311.8M
Inventory3.5M2.5M2.9M1.3M1.2M2.0M
Net Invested Capital1.2B1.1B1.2B1.0B1.2B1.2B
Long Term Investments262.7M236.1M192.9M263.8M307.1M215.0M
Property Plant Equipment117.7M121.5M138.6M134.3M154.5M131.0M

Pair Trading with Triumph Financial

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 Triumph Financial 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 Triumph Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Triumph Stock

  0.39TFC-PO Truist FinancialPairCorr
  0.35NU Nu HoldingsPairCorr
  0.34TFC-PR Truist FinancialPairCorr
The ability to find closely correlated positions to Triumph Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triumph Financial 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 Triumph Financial - 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 Triumph Financial to buy it.
The correlation of Triumph Financial 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 Triumph Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triumph Financial 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 Triumph Financial 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 CorrelationCorrelation Matching

Additional Tools for Triumph Stock Analysis

When running Triumph Financial's price analysis, check to measure Triumph Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Triumph Financial is operating at the current time. Most of Triumph Financial's value examination focuses on studying past and present price action to predict the probability of Triumph Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Financial's price. Additionally, you may evaluate how the addition of Triumph Financial to your portfolios can decrease your overall portfolio volatility.