Tredegar Short Term Debt vs Long Term Debt 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 Short Term Debt and its Long Term Debt 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.
Short Term Debt vs Long Term Debt
Short Term Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tredegar Short Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tredegar's Short Term Debt and Long Term Debt is -0.3. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Tredegar, assuming nothing else is changed. The correlation between historical values of Tredegar's Short Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Tredegar are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Debt i.e., Tredegar's Short Term Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Long Term Debt
Long-term debt is a debt that Tredegar has held for over one year. Long-term debt appears on Tredegar balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tredegar balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Profit | 148.5M | 139.5M | 78.8M | 154.8M | Total Revenue | 826.5M | 938.6M | 704.8M | 848.2M |
Tredegar fundamental ratios Correlations
Click cells to compare fundamentals
Tredegar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tredegar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 712.7M | 514.9M | 523.6M | 542.1M | 446.5M | 660.8M | |
Other Current Liab | 2.2M | 48.3M | 31.1M | 29.6M | 24.4M | 27.3M | |
Total Current Liabilities | 152.5M | 140.8M | 168.5M | 149.7M | 249.1M | 261.6M | |
Total Stockholder Equity | 376.7M | 109.1M | 184.7M | 201.8M | 155.7M | 147.9M | |
Property Plant And Equipment Net | 262.1M | 182.6M | 184.2M | 200.4M | 195.3M | 240.1M | |
Net Debt | 31.3M | 139.2M | 57.5M | 132.5M | 149.7M | 75.4M | |
Cash | 31.4M | 11.8M | 30.5M | 19.2M | 9.7M | 9.2M | |
Non Current Assets Total | 479.5M | 326.4M | 287.2M | 299.5M | 269.8M | 435.7M | |
Non Currrent Assets Other | 4.7M | 3.7M | 2.5M | 2.8M | 3.9M | 3.7M | |
Cash And Short Term Investments | 31.4M | 11.8M | 30.5M | 19.2M | 9.7M | 9.2M | |
Net Receivables | 111.7M | 89.1M | 105.9M | 85.3M | 69.1M | 105.8M | |
Common Stock Shares Outstanding | 33.3M | 33.4M | 33.7M | 33.8M | 34.1M | 30.6M | |
Liabilities And Stockholders Equity | 712.7M | 514.9M | 523.6M | 542.1M | 446.5M | 660.8M | |
Non Current Liabilities Total | 183.5M | 265.1M | 170.3M | 190.6M | 41.7M | 39.6M | |
Inventory | 81.4M | 66.4M | 88.6M | 127.8M | 82.0M | 60.3M | |
Other Current Assets | 8.7M | 21.0M | 11.5M | 10.3M | 15.9M | 11.5M | |
Other Stockholder Equity | (1.6M) | (2.1M) | (2.1M) | (2.2M) | (2.2M) | (2.1M) | |
Total Liab | 335.9M | 405.8M | 338.9M | 340.3M | 290.8M | 306.9M | |
Property Plant And Equipment Gross | 262.1M | 182.6M | 498.3M | 186.4M | 552.9M | 580.5M | |
Total Current Assets | 233.2M | 188.4M | 236.4M | 242.6M | 176.7M | 225.1M | |
Accumulated Other Comprehensive Income | (197.7M) | (178.4M) | (149.5M) | (147.6M) | (81.7M) | (85.8M) | |
Intangible Assets | 22.6M | 18.8M | 14.2M | 11.7M | 9.9M | 9.4M | |
Short Long Term Debt Total | 62.7M | 151.0M | 88.0M | 151.8M | 159.4M | 121.7M | |
Retained Earnings | 530.5M | 239.5M | 281.2M | 292.7M | 178.0M | 325.3M | |
Accounts Payable | 103.7M | 89.7M | 123.8M | 114.9M | 95.0M | 69.1M | |
Common Stock Total Equity | 45.5M | 50.1M | 55.2M | 58.8M | 52.9M | 44.8M | |
Common Stock | 45.5M | 50.1M | 55.2M | 58.8M | 61.6M | 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 | 42M | 134M | 73M | 137M | 20M | 19M | |
Property Plant Equipment | 242.9M | 182.6M | 170.4M | 186.4M | 167.8M | 201.3M | |
Short Term Debt | 3.0M | 2.1M | 4.3M | 4.1M | 128.4M | 134.9M | |
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 | 130.4M | 5.5M | 84.5M | 5.8M | 4.1M | 3.9M |
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.