Tecnoglass Stock Based Compensation vs Investments Analysis

TGLS Stock  USD 82.04  0.54  0.65%   
Tecnoglass financial indicator trend analysis is much more than just breaking down Tecnoglass prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tecnoglass is a good investment. Please check the relationship between Tecnoglass Stock Based Compensation and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Stock Based Compensation vs Investments

JavaScript chart by amCharts 3.21.152014201620182020202220242M4M6M8M10M12M14M16M18M20M22M24M26M -85M-80M-75M-70M-65M-60M-55M-50M-45M-40M-35M-30M-25M-20M-15M-10M-5M0
JavaScript chart by amCharts 3.21.15Stock Based Compensationtotal: 121.5MInvestmentstotal: -238.2M

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tecnoglass Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tecnoglass' Stock Based Compensation and Investments is -0.69. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Tecnoglass, assuming nothing else is changed. The correlation between historical values of Tecnoglass' Stock Based Compensation and 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 Stock Based Compensation of Tecnoglass are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Tecnoglass' Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Tecnoglass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tecnoglass 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 Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.At this time, Tecnoglass' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 9.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 33.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.7M8.2M13.3M15.2M
Depreciation And Amortization19.6M17.9M19.7M18.0M

Tecnoglass fundamental ratios Correlations

0.720.880.790.830.340.640.940.840.890.780.840.940.890.690.920.780.940.760.890.931.0-0.130.950.81-0.41
0.720.610.410.450.840.180.760.490.670.620.490.720.790.190.850.940.760.450.780.910.710.150.810.46-0.34
0.880.610.690.710.220.640.90.710.780.630.720.820.70.670.810.530.710.630.640.830.880.270.810.81-0.06
0.790.410.690.98-0.110.950.70.970.950.610.980.730.680.940.670.490.710.950.660.650.79-0.290.710.72-0.45
0.830.450.710.98-0.060.90.770.990.950.70.990.770.730.930.740.540.790.910.750.70.83-0.340.770.74-0.49
0.340.840.22-0.11-0.06-0.350.42-0.030.180.27-0.030.40.45-0.330.530.790.42-0.030.480.620.330.260.460.02-0.12
0.640.180.640.950.9-0.350.550.890.840.420.890.570.470.980.460.220.50.880.410.460.64-0.210.50.68-0.33
0.940.760.90.70.770.420.550.760.820.730.760.950.820.630.920.780.880.680.860.950.96-0.010.910.7-0.3
0.840.490.710.970.99-0.030.890.760.960.731.00.760.760.910.750.560.80.920.760.710.83-0.310.780.75-0.54
0.890.670.780.950.950.180.840.820.960.70.960.830.810.840.830.70.830.920.790.840.88-0.160.850.74-0.47
0.780.620.630.610.70.270.420.730.730.70.730.660.880.470.840.650.880.570.890.730.76-0.220.870.69-0.51
0.840.490.720.980.99-0.030.890.761.00.960.730.760.760.910.750.560.80.920.760.720.83-0.310.780.75-0.54
0.940.720.820.730.770.40.570.950.760.830.660.760.790.640.860.790.90.740.850.920.95-0.120.880.68-0.28
0.890.790.70.680.730.450.470.820.760.810.880.760.790.490.90.820.920.680.930.880.88-0.250.950.75-0.61
0.690.190.670.940.93-0.330.980.630.910.840.470.910.640.490.510.260.560.850.490.50.69-0.270.550.7-0.33
0.920.850.810.670.740.530.460.920.750.830.840.750.860.90.510.870.930.640.940.960.92-0.010.980.69-0.37
0.780.940.530.490.540.790.220.780.560.70.650.560.790.820.260.870.860.530.880.910.77-0.130.840.42-0.48
0.940.760.710.710.790.420.50.880.80.830.880.80.90.920.560.930.860.70.980.90.94-0.280.950.71-0.53
0.760.450.630.950.91-0.030.880.680.920.920.570.920.740.680.850.640.530.70.650.650.77-0.30.690.61-0.49
0.890.780.640.660.750.480.410.860.760.790.890.760.850.930.490.940.880.980.650.890.88-0.310.940.63-0.56
0.930.910.830.650.70.620.460.950.710.840.730.720.920.880.50.960.910.90.650.890.930.040.940.67-0.34
1.00.710.880.790.830.330.640.960.830.880.760.830.950.880.690.920.770.940.770.880.93-0.130.940.79-0.39
-0.130.150.27-0.29-0.340.26-0.21-0.01-0.31-0.16-0.22-0.31-0.12-0.25-0.27-0.01-0.13-0.28-0.3-0.310.04-0.13-0.1-0.040.66
0.950.810.810.710.770.460.50.910.780.850.870.780.880.950.550.980.840.950.690.940.940.94-0.10.76-0.4
0.810.460.810.720.740.020.680.70.750.740.690.750.680.750.70.690.420.710.610.630.670.79-0.040.76-0.31
-0.41-0.34-0.06-0.45-0.49-0.12-0.33-0.3-0.54-0.47-0.51-0.54-0.28-0.61-0.33-0.37-0.48-0.53-0.49-0.56-0.34-0.390.66-0.4-0.31
Click cells to compare fundamentals

Tecnoglass Account Relationship Matchups

Tecnoglass fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets569.7M532.0M591.6M734.3M962.7M484.5M
Short Long Term Debt Total259.8M224.5M199.1M169.5M170.0M180.9M
Total Current Liabilities129.0M91.5M155.0M209.8M235.9M135.1M
Total Stockholder Equity186.6M212.4M243.9M348.8M548.0M575.4M
Net Tangible Assets156.3M183.7M217.0M322.6M370.9M389.5M
Net Debt211.9M157.6M114.0M65.8M40.5M38.5M
Retained Earnings16.2M34.3M91.0M234.3M400.0M420.0M
Accounts Payable61.9M42.3M68.1M90.2M80.5M53.8M
Cash47.9M66.9M85.0M103.7M129.5M136.0M
Non Current Assets Total246.8M245.2M265.3M302.2M427.0M448.3M
Non Currrent Assets Other11.8M16.5M20.0M14.6M13.2M8.5M
Cash And Short Term Investments50.2M69.3M87.0M105.7M132.4M139.0M
Net Receivables160.6M120.0M131.5M174.3M188.0M132.3M
Retained Earnings Total Equity16.2M34.3M91.0M234.3M269.4M282.9M
Common Stock Shares Outstanding38.1M44.5M46.4M47.7M47.5M36.9M
Liabilities And Stockholders Equity569.7M532.0M591.6M734.3M962.7M484.5M
Non Current Liabilities Total253.4M227.5M191.9M174.2M178.8M165.9M
Capital Surpluse125.3M157.6M208.3M219.3M252.2M136.2M
Other Current Assets29.3M13.9M22.9M27.1M56.3M59.1M
Other Stockholder Equity125.3M157.6M208.3M219.3M192.4M137.5M
Total Liab382.5M319.1M346.9M384.0M414.7M301.1M
Total Current Assets322.8M286.8M326.3M432.1M535.8M272.9M
Accumulated Other Comprehensive Income(37.9M)(41.2M)(66.5M)(104.7M)(44.4M)(46.6M)
Short Term Debt16.1M1.8M10.7M504K7.0M6.7M
Other Current Liab38.6M50.0M31.0M69.5M75.9M39.5M
Other Liab9.7M4.8M3.5M5.2M4.7M4.4M
Property Plant And Equipment Net154.6M152.3M166.6M202.9M324.6M173.1M
Current Deferred Revenue12.5M24.7M45.2M49.6M72.5M76.2M
Noncontrolling Interest In Consolidated Entity606K586K836K1.5M1.7M1.8M
Other Assets15.9M16.7M20.6M15.2M17.5M14.8M
Long Term Debt243.7M222.7M188.4M169.0M163.0M168.1M
Short Term Investments2.3M2.4M2.0M2.0M2.9M2.1M
Inventory82.7M80.7M85.0M125.0M159.1M79.9M
Deferred Long Term Liab411K3.2M3.4M5.2M6.0M6.3M
Property Plant And Equipment Gross154.6M152.3M273.5M304.7M471.2M494.8M
Non Current Liabilities Other9.3M1.6M78K11K9.9K9.4K
Intangible Assets6.7M5.1M3.3M2.7M3.5M5.0M

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Additional Tools for Tecnoglass Stock Analysis

When running Tecnoglass' price analysis, check to measure Tecnoglass' 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 Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.