Tredegar Deferred Long Term Liab vs Long Term Investments Analysis

TG Stock  USD 7.13  0.08  1.13%   
Tredegar financial indicator trend analysis is much more than just breaking down Tredegar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tredegar is a good investment. Please check the relationship between Tredegar Deferred Long Term Liab and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Deferred Long Term Liab vs Long Term Investments

Deferred Long Term Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tredegar Deferred Long Term Liab account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tredegar's Deferred Long Term Liab and Long Term Investments is -0.24. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Tredegar, assuming nothing else is changed. The correlation between historical values of Tredegar's Deferred Long Term Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Tredegar are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Tredegar's Deferred Long Term Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Long Term Investments

Long Term Investments is an item on the asset side of Tredegar balance sheet that represents investments Tredegar intends to hold for over a year. Tredegar long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Tredegar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tredegar 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 Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.The Tredegar's current Discontinued Operations is estimated to increase to about 69.9 K, while Selling General Administrative is projected to decrease to roughly 84.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit148.5M139.5M78.8M154.8M
Total Revenue826.5M938.6M704.8M848.2M

Tredegar fundamental ratios Correlations

-0.050.020.730.870.00.810.970.220.810.64-0.650.70.160.24-0.60.75-0.160.80.680.080.930.240.82-0.88-0.89
-0.05-0.19-0.13-0.210.260.06-0.090.170.060.170.010.24-0.10.160.030.13-0.250.050.10.27-0.08-0.030.08-0.04-0.07
0.02-0.19-0.5-0.060.53-0.3-0.07-0.4-0.30.0-0.58-0.370.380.44-0.570.250.810.25-0.560.210.030.42-0.37-0.14-0.11
0.73-0.13-0.50.75-0.430.780.770.430.780.49-0.050.54-0.08-0.24-0.030.24-0.460.430.84-0.180.68-0.060.76-0.52-0.52
0.87-0.21-0.060.75-0.20.710.930.220.710.36-0.470.49-0.070.08-0.420.48-0.10.490.63-0.090.82-0.040.74-0.77-0.77
0.00.260.53-0.43-0.2-0.15-0.1-0.32-0.15-0.1-0.50.170.560.68-0.570.520.150.24-0.260.79-0.020.48-0.01-0.22-0.13
0.810.06-0.30.780.71-0.150.810.511.00.38-0.440.770.060.18-0.420.61-0.280.610.820.020.760.160.92-0.82-0.84
0.97-0.09-0.070.770.93-0.10.810.290.810.54-0.550.67-0.030.2-0.490.65-0.180.650.750.060.870.040.84-0.86-0.88
0.220.17-0.40.430.22-0.320.510.290.51-0.050.170.18-0.39-0.010.24-0.06-0.22-0.020.560.030.05-0.440.37-0.21-0.35
0.810.06-0.30.780.71-0.151.00.810.510.38-0.440.770.060.18-0.420.61-0.280.610.820.020.760.160.92-0.82-0.84
0.640.170.00.490.36-0.10.380.54-0.050.38-0.330.430.2-0.12-0.30.45-0.180.760.33-0.150.670.390.36-0.39-0.4
-0.650.01-0.58-0.05-0.47-0.5-0.44-0.550.17-0.44-0.33-0.49-0.52-0.610.99-0.89-0.27-0.75-0.06-0.21-0.71-0.64-0.40.810.77
0.70.24-0.370.540.490.170.770.670.180.770.43-0.490.230.37-0.510.8-0.570.610.670.210.710.340.86-0.74-0.71
0.16-0.10.38-0.08-0.070.560.06-0.03-0.390.060.2-0.520.230.24-0.60.480.00.62-0.260.230.290.880.02-0.18-0.11
0.240.160.44-0.240.080.680.180.2-0.010.18-0.12-0.610.370.24-0.620.660.230.27-0.020.530.160.350.22-0.46-0.43
-0.60.03-0.57-0.03-0.42-0.57-0.42-0.490.24-0.42-0.30.99-0.51-0.6-0.62-0.9-0.24-0.73-0.03-0.23-0.69-0.71-0.40.780.72
0.750.130.250.240.480.520.610.65-0.060.610.45-0.890.80.480.66-0.9-0.080.80.340.350.760.620.66-0.86-0.81
-0.16-0.250.81-0.46-0.10.15-0.28-0.18-0.22-0.28-0.18-0.27-0.570.00.23-0.24-0.08-0.04-0.480.0-0.210.11-0.380.030.03
0.80.050.250.430.490.240.610.65-0.020.610.76-0.750.610.620.27-0.730.8-0.040.310.110.820.70.54-0.7-0.69
0.680.1-0.560.840.63-0.260.820.750.560.820.33-0.060.67-0.26-0.02-0.030.34-0.480.310.160.53-0.250.88-0.62-0.63
0.080.270.21-0.18-0.090.790.020.060.030.02-0.15-0.210.210.230.53-0.230.350.00.110.16-0.120.040.23-0.23-0.18
0.93-0.080.030.680.82-0.020.760.870.050.760.67-0.710.710.290.16-0.690.76-0.210.820.53-0.120.420.73-0.85-0.83
0.24-0.030.42-0.06-0.040.480.160.04-0.440.160.39-0.640.340.880.35-0.710.620.110.7-0.250.040.420.07-0.29-0.21
0.820.08-0.370.760.74-0.010.920.840.370.920.36-0.40.860.020.22-0.40.66-0.380.540.880.230.730.07-0.82-0.81
-0.88-0.04-0.14-0.52-0.77-0.22-0.82-0.86-0.21-0.82-0.390.81-0.74-0.18-0.460.78-0.860.03-0.7-0.62-0.23-0.85-0.29-0.820.98
-0.89-0.07-0.11-0.52-0.77-0.13-0.84-0.88-0.35-0.84-0.40.77-0.71-0.11-0.430.72-0.810.03-0.69-0.63-0.18-0.83-0.21-0.810.98
Click cells to compare fundamentals

Tredegar Account Relationship Matchups

Tredegar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets712.7M514.9M523.6M542.1M446.5M660.8M
Other Current Liab2.2M48.3M31.1M29.6M24.4M27.3M
Total Current Liabilities152.5M140.8M168.5M149.7M249.1M261.6M
Total Stockholder Equity376.7M109.1M184.7M201.8M155.7M147.9M
Property Plant And Equipment Net262.1M182.6M184.2M200.4M195.3M240.1M
Net Debt31.3M139.2M57.5M132.5M149.7M75.4M
Cash31.4M11.8M30.5M19.2M9.7M9.2M
Non Current Assets Total479.5M326.4M287.2M299.5M269.8M435.7M
Non Currrent Assets Other4.7M3.7M2.5M2.8M3.9M3.7M
Cash And Short Term Investments31.4M11.8M30.5M19.2M9.7M9.2M
Net Receivables111.7M89.1M105.9M85.3M69.1M105.8M
Common Stock Shares Outstanding33.3M33.4M33.7M33.8M34.1M30.6M
Liabilities And Stockholders Equity712.7M514.9M523.6M542.1M446.5M660.8M
Non Current Liabilities Total183.5M265.1M170.3M190.6M41.7M39.6M
Inventory81.4M66.4M88.6M127.8M82.0M60.3M
Other Current Assets8.7M21.0M11.5M10.3M15.9M11.5M
Other Stockholder Equity(1.6M)(2.1M)(2.1M)(2.2M)(2.2M)(2.1M)
Total Liab335.9M405.8M338.9M340.3M290.8M306.9M
Property Plant And Equipment Gross262.1M182.6M498.3M186.4M552.9M580.5M
Total Current Assets233.2M188.4M236.4M242.6M176.7M225.1M
Accumulated Other Comprehensive Income(197.7M)(178.4M)(149.5M)(147.6M)(81.7M)(85.8M)
Intangible Assets22.6M18.8M14.2M11.7M9.9M9.4M
Short Long Term Debt Total62.7M151.0M88.0M151.8M159.4M121.7M
Retained Earnings530.5M239.5M281.2M292.7M178.0M325.3M
Accounts Payable103.7M89.7M123.8M114.9M95.0M69.1M
Common Stock Total Equity45.5M50.1M55.2M58.8M52.9M44.8M
Common Stock45.5M50.1M55.2M58.8M61.6M35.9M
Other Liab123.8M116.1M84.5M40.9M47.0M63.7M
Other Assets17.9M22.7M18.2M16.8M15.1M14.3M
Long Term Debt42M134M73M137M20M19M
Property Plant Equipment242.9M182.6M170.4M186.4M167.8M201.3M
Short Term Debt3.0M2.1M4.3M4.1M128.4M134.9M
Net Tangible Assets376.7M22.5M100.0M201.8M232.0M186.2M
Retained Earnings Total Equity530.5M239.5M281.2M292.7M263.4M342.8M
Long Term Debt Total42M134M73M137M123.3M91.2M
Deferred Long Term Liab29.0M11.0M34.9M31.2M28.1M28.3M
Treasury Stock(1.6M)(1.6M)(2.1M)(2.1M)(1.9M)(1.8M)
Non Current Liabilities Other130.4M5.5M84.5M5.8M4.1M3.9M

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tredegar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tredegar. If investors know Tredegar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tredegar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tredegar's market value can be influenced by many factors that don't directly affect Tredegar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.