Tredegar Depreciation vs Change In Cash Analysis

TG Stock

USD 7.90 0.01 0.13%

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 Depreciation and its Change In Cash 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.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tredegar Depreciation account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tredegar's Depreciation and Change In Cash is -0.32. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Tredegar, assuming nothing else is changed. The correlation between historical values of Tredegar's Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Tredegar are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Tredegar's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Tredegar value has been used up. For tax purposes Tredegar can deduct the cost of the tangible assets it purchases as business expenses. However, Tredegar must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In 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.At this time, Tredegar's Discontinued Operations is most likely to increase significantly in the upcoming years. The Tredegar's current Enterprise Value is estimated to increase to about 482.4 M, while Selling General Administrative is projected to decrease to roughly 84.6 M.

	2022	2023	2024	2025 (projected)
Gross Profit	139.5M	78.8M	90.6M	154.8M
Total Revenue	938.6M	704.8M	810.5M	848.2M

Gross Profit Total Revenue

Tredegar fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Retained Earnings	Accounts Payable	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.0	-0.1	0.81	0.86	-0.08	0.83	0.98	0.24	0.83	0.67	-0.59	0.72	0.1	0.19	-0.57	0.73	-0.23	0.8	0.7	-0.04	0.93	0.18	0.84	-0.9	-0.89
Other Current Liab	0.0		-0.26	-0.12	-0.19	0.06	0.11	-0.03	0.19	0.11	0.22	0.05	0.3	-0.14	0.12	0.04	0.13	-0.31	0.08	0.16	0.14	-0.02	-0.07	0.13	-0.08	-0.1
Total Current Liabilities	-0.1	-0.26		-0.29	-0.05	0.83	-0.4	-0.17	-0.39	-0.4	-0.14	-0.55	-0.52	0.37	0.42	-0.48	0.17	0.89	0.13	-0.63	0.38	-0.13	0.39	-0.46	-0.01	-0.01
Total Stockholder Equity	0.81	-0.12	-0.29		0.82	-0.4	0.68	0.85	0.4	0.68	0.58	-0.09	0.39	-0.25	-0.28	-0.05	0.19	-0.26	0.48	0.72	-0.31	0.7	-0.26	0.65	-0.55	-0.59
Property Plant And Equipment Net	0.86	-0.19	-0.05	0.82		-0.13	0.7	0.91	0.22	0.7	0.35	-0.46	0.47	-0.07	0.07	-0.42	0.48	-0.09	0.49	0.6	-0.1	0.79	-0.05	0.73	-0.77	-0.77
Net Debt	-0.08	0.06	0.83	-0.4	-0.13		-0.38	-0.15	-0.37	-0.38	-0.18	-0.54	-0.26	0.42	0.59	-0.49	0.33	0.6	0.14	-0.5	0.73	-0.17	0.33	-0.29	-0.07	-0.06
Cash	0.83	0.11	-0.4	0.68	0.7	-0.38		0.82	0.53	1.0	0.43	-0.38	0.79	-0.01	0.13	-0.39	0.6	-0.38	0.62	0.83	-0.11	0.78	0.09	0.92	-0.83	-0.84
Non Current Assets Total	0.98	-0.03	-0.17	0.85	0.91	-0.15	0.82		0.31	0.82	0.57	-0.48	0.7	-0.09	0.15	-0.46	0.64	-0.26	0.65	0.77	-0.06	0.88	-0.01	0.86	-0.88	-0.88
Non Currrent Assets Other	0.24	0.19	-0.39	0.4	0.22	-0.37	0.53	0.31		0.53	-0.01	0.19	0.22	-0.4	-0.03	0.24	-0.06	-0.25	-0.01	0.57	-0.03	0.09	-0.45	0.39	-0.23	-0.36
Cash And Short Term Investments	0.83	0.11	-0.4	0.68	0.7	-0.38	1.0	0.82	0.53		0.43	-0.38	0.79	-0.01	0.13	-0.39	0.6	-0.38	0.62	0.83	-0.11	0.78	0.09	0.92	-0.83	-0.84
Net Receivables	0.67	0.22	-0.14	0.58	0.35	-0.18	0.43	0.57	-0.01	0.43		-0.27	0.5	0.12	-0.16	-0.27	0.44	-0.28	0.76	0.39	-0.26	0.69	0.31	0.42	-0.43	-0.42
Common Stock Shares Outstanding	-0.59	0.05	-0.55	-0.09	-0.46	-0.54	-0.38	-0.48	0.19	-0.38	-0.27		-0.39	-0.54	-0.62	0.98	-0.87	-0.31	-0.71	0.0	-0.26	-0.63	-0.65	-0.34	0.76	0.73
Non Current Liabilities Total	0.72	0.3	-0.52	0.39	0.47	-0.26	0.79	0.7	0.22	0.79	0.5	-0.39		0.11	0.27	-0.45	0.75	-0.66	0.61	0.71	-0.01	0.74	0.22	0.86	-0.75	-0.71
Inventory	0.1	-0.14	0.37	-0.25	-0.07	0.42	-0.01	-0.09	-0.4	-0.01	0.12	-0.54	0.11		0.27	-0.6	0.46	0.09	0.57	-0.31	0.3	0.21	0.88	-0.05	-0.14	-0.07
Other Current Assets	0.19	0.12	0.42	-0.28	0.07	0.59	0.13	0.15	-0.03	0.13	-0.16	-0.62	0.27	0.27		-0.62	0.65	0.26	0.25	-0.07	0.54	0.1	0.37	0.17	-0.41	-0.4
Other Stockholder Equity	-0.57	0.04	-0.48	-0.05	-0.42	-0.49	-0.39	-0.46	0.24	-0.39	-0.27	0.98	-0.45	-0.6	-0.62		-0.89	-0.23	-0.72	-0.01	-0.24	-0.64	-0.71	-0.36	0.75	0.7
Total Liab	0.73	0.13	0.17	0.19	0.48	0.33	0.6	0.64	-0.06	0.6	0.44	-0.87	0.75	0.46	0.65	-0.89		-0.09	0.79	0.33	0.3	0.74	0.6	0.64	-0.86	-0.81
Property Plant And Equipment Gross	-0.23	-0.31	0.89	-0.26	-0.09	0.6	-0.38	-0.26	-0.25	-0.38	-0.28	-0.31	-0.66	0.09	0.26	-0.23	-0.09		-0.1	-0.57	0.23	-0.31	0.16	-0.46	0.12	0.1
Total Current Assets	0.8	0.08	0.13	0.48	0.49	0.14	0.62	0.65	-0.01	0.62	0.76	-0.71	0.61	0.57	0.25	-0.72	0.79	-0.1		0.33	0.04	0.81	0.65	0.56	-0.72	-0.7
Intangible Assets	0.7	0.16	-0.63	0.72	0.6	-0.5	0.83	0.77	0.57	0.83	0.39	0.0	0.71	-0.31	-0.07	-0.01	0.33	-0.57	0.33		-0.02	0.57	-0.29	0.89	-0.63	-0.64
Short Long Term Debt Total	-0.04	0.14	0.38	-0.31	-0.1	0.73	-0.11	-0.06	-0.03	-0.11	-0.26	-0.26	-0.01	0.3	0.54	-0.24	0.3	0.23	0.04	-0.02		-0.24	0.13	0.06	-0.12	-0.09
Retained Earnings	0.93	-0.02	-0.13	0.7	0.79	-0.17	0.78	0.88	0.09	0.78	0.69	-0.63	0.74	0.21	0.1	-0.64	0.74	-0.31	0.81	0.57	-0.24		0.34	0.75	-0.86	-0.83
Accounts Payable	0.18	-0.07	0.39	-0.26	-0.05	0.33	0.09	-0.01	-0.45	0.09	0.31	-0.65	0.22	0.88	0.37	-0.71	0.6	0.16	0.65	-0.29	0.13	0.34		0.0	-0.25	-0.16
Good Will	0.84	0.13	-0.46	0.65	0.73	-0.29	0.92	0.86	0.39	0.92	0.42	-0.34	0.86	-0.05	0.17	-0.36	0.64	-0.46	0.56	0.89	0.06	0.75	0.0		-0.84	-0.82
Common Stock Total Equity	-0.9	-0.08	-0.01	-0.55	-0.77	-0.07	-0.83	-0.88	-0.23	-0.83	-0.43	0.76	-0.75	-0.14	-0.41	0.75	-0.86	0.12	-0.72	-0.63	-0.12	-0.86	-0.25	-0.84		0.98
Common Stock	-0.89	-0.1	-0.01	-0.59	-0.77	-0.06	-0.84	-0.88	-0.36	-0.84	-0.42	0.73	-0.71	-0.07	-0.4	0.7	-0.81	0.1	-0.7	-0.64	-0.09	-0.83	-0.16	-0.82	0.98

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Tredegar Account Relationship Matchups

Tredegar fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	514.9M	523.6M	542.1M	446.5M	513.4M	660.8M
Other Current Liab	48.3M	31.1M	29.6M	24.4M	22.0M	27.3M
Total Current Liabilities	140.8M	168.5M	149.7M	249.1M	286.5M	300.8M
Total Stockholder Equity	109.1M	184.7M	201.8M	155.7M	179.0M	353.9M
Property Plant And Equipment Net	182.6M	184.2M	200.4M	195.3M	224.6M	240.1M
Net Debt	139.2M	57.5M	132.5M	149.7M	172.2M	180.8M
Cash	11.8M	30.5M	19.2M	9.7M	11.1M	10.6M
Non Current Assets Total	326.4M	287.2M	299.5M	269.8M	310.3M	435.7M
Non Currrent Assets Other	3.7M	2.5M	2.8M	3.9M	3.5M	3.3M
Cash And Short Term Investments	11.8M	30.5M	19.2M	9.7M	11.1M	10.6M
Net Receivables	89.1M	105.9M	85.3M	69.1M	79.5M	105.8M
Common Stock Shares Outstanding	33.4M	33.7M	33.8M	34.1M	30.7M	30.6M
Liabilities And Stockholders Equity	514.9M	523.6M	542.1M	446.5M	513.4M	660.8M
Non Current Liabilities Total	265.1M	170.3M	190.6M	41.7M	48.0M	45.6M
Inventory	66.4M	88.6M	127.8M	82.0M	94.3M	60.3M
Other Current Assets	21.0M	11.5M	10.3M	15.9M	14.3M	11.5M
Other Stockholder Equity	(2.1M)	(2.1M)	(2.2M)	(2.2M)	(2.0M)	(1.9M)
Total Liab	405.8M	338.9M	340.3M	290.8M	334.4M	306.9M
Property Plant And Equipment Gross	182.6M	498.3M	186.4M	552.9M	635.8M	667.6M
Total Current Assets	188.4M	236.4M	242.6M	176.7M	203.2M	225.1M
Accumulated Other Comprehensive Income	(178.4M)	(149.5M)	(147.6M)	(81.7M)	(94.0M)	(98.6M)
Intangible Assets	18.8M	14.2M	11.7M	9.9M	8.9M	8.4M
Short Long Term Debt Total	151.0M	88.0M	151.8M	159.4M	183.3M	121.7M
Retained Earnings	239.5M	281.2M	292.7M	178.0M	204.7M	325.3M
Accounts Payable	89.7M	123.8M	114.9M	95.0M	109.3M	69.1M
Common Stock Total Equity	45.5M	50.1M	55.2M	58.8M	52.9M	44.8M
Common Stock	50.1M	55.2M	58.8M	61.6M	55.4M	35.9M
Other Liab	123.8M	116.1M	84.5M	40.9M	47.0M	63.7M
Other Assets	17.9M	22.7M	18.2M	16.8M	15.1M	14.3M
Long Term Debt	134M	73M	137M	20M	18M	17.1M
Property Plant Equipment	242.9M	182.6M	170.4M	186.4M	167.8M	201.3M
Short Term Debt	2.1M	4.3M	4.1M	128.4M	147.7M	155.1M
Current Deferred Revenue	41.4M	42.4M	13.9M	3.1M	2.8M	2.7M
Net Tangible Assets	376.7M	22.5M	100.0M	201.8M	232.0M	186.2M
Retained Earnings Total Equity	530.5M	239.5M	281.2M	292.7M	263.4M	342.8M
Long Term Debt Total	42M	134M	73M	137M	123.3M	91.2M
Deferred Long Term Liab	29.0M	11.0M	34.9M	31.2M	28.1M	28.3M
Treasury Stock	(1.6M)	(1.6M)	(2.1M)	(2.1M)	(1.9M)	(1.8M)
Non Current Liabilities Other	5.5M	84.5M	5.8M	4.1M	3.7M	3.5M

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How To Invest In Tredegar

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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 Global Correlations module to find global opportunities by holding instruments from different 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.

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Tredegar Depreciation vs Change In Cash Analysis

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

Correlation Coefficient

Depreciation

Change In Cash

Tredegar fundamental ratios Correlations

Tredegar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tredegar fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding
Common Stock	+ 0.98	Common Stock Total Equity
Retained Earnings	+ 0.93	Total Assets
Good Will	+ 0.92	Cash

Common Stock Total Equity	- 0.9	Total Assets
Total Liab	- 0.89	Other Stockholder Equity
Common Stock	- 0.89	Total Assets
Common Stock	- 0.88	Non Current Assets Total
Common Stock Total Equity	- 0.88	Non Current Assets Total
Total Liab	- 0.87	Common Stock Shares Outstanding