Target Total Stockholder Equity vs Accounts Payable Analysis

TGT Stock  USD 130.07  1.38  1.05%   
Target financial indicator trend analysis is much more than just breaking down Target prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target is a good investment. Please check the relationship between Target Total Stockholder Equity and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. 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 information on how to buy Target Stock please use our How to Invest in Target guide.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Target's Total Stockholder Equity and Accounts Payable is 0.43. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Target, assuming nothing else is changed. The correlation between historical values of Target's Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Target are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Target's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Target obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Target are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Target's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target 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 Target. 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 information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.60 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue106.0B109.1B107.4B54.9B
Depreciation And Amortization2.6B2.7B2.8B1.5B

Target fundamental ratios Correlations

0.970.460.940.820.980.760.480.40.98-0.040.410.12-0.890.970.910.220.820.980.920.330.84-0.790.55-0.790.19
0.970.490.890.780.970.860.460.270.97-0.050.280.22-0.860.980.860.210.770.960.860.410.77-0.770.61-0.740.05
0.460.490.550.190.390.330.030.430.38-0.120.430.05-0.450.450.51-0.080.350.520.540.320.51-0.530.69-0.45-0.33
0.940.890.550.610.870.570.220.580.87-0.120.590.02-0.890.90.96-0.020.860.980.940.220.96-0.870.57-0.880.21
0.820.780.190.610.830.70.880.160.830.220.160.27-0.620.720.530.550.50.690.70.510.43-0.390.25-0.410.23
0.980.970.390.870.830.830.50.251.0-0.040.250.11-0.890.970.860.250.820.940.810.340.77-0.780.52-0.770.11
0.760.860.330.570.70.830.53-0.230.83-0.08-0.230.39-0.610.820.580.390.480.710.530.460.42-0.490.51-0.45-0.22
0.480.460.030.220.880.50.53-0.110.50.4-0.10.46-0.190.360.110.690.020.30.40.590.010.070.050.050.16
0.40.270.430.580.160.25-0.23-0.110.260.121.0-0.31-0.50.310.51-0.360.530.460.63-0.090.64-0.570.37-0.560.5
0.980.970.380.870.831.00.830.50.26-0.040.260.1-0.890.970.860.250.820.940.810.320.77-0.780.52-0.770.12
-0.04-0.05-0.12-0.120.22-0.04-0.080.40.12-0.040.120.230.12-0.14-0.320.07-0.22-0.13-0.040.38-0.230.16-0.070.260.45
0.410.280.430.590.160.25-0.23-0.11.00.260.12-0.29-0.50.320.51-0.360.530.460.63-0.070.64-0.570.37-0.560.5
0.120.220.050.020.270.110.390.46-0.310.10.23-0.290.130.08-0.060.02-0.270.050.140.71-0.140.240.030.25-0.2
-0.89-0.86-0.45-0.89-0.62-0.89-0.61-0.19-0.5-0.890.12-0.50.13-0.9-0.90.03-0.96-0.91-0.78-0.12-0.860.95-0.580.96-0.18
0.970.980.450.90.720.970.820.360.310.97-0.140.320.08-0.90.910.170.830.980.850.240.83-0.830.63-0.80.09
0.910.860.510.960.530.860.580.110.510.86-0.320.51-0.06-0.90.91-0.080.890.960.870.060.97-0.890.62-0.910.1
0.220.21-0.08-0.020.550.250.390.69-0.360.250.07-0.360.020.030.17-0.08-0.120.080.130.23-0.180.24-0.190.180.02
0.820.770.350.860.50.820.480.020.530.82-0.220.53-0.27-0.960.830.89-0.120.870.72-0.010.87-0.950.45-0.970.2
0.980.960.520.980.690.940.710.30.460.94-0.130.460.05-0.910.980.960.080.870.920.230.92-0.870.62-0.860.16
0.920.860.540.940.70.810.530.40.630.81-0.040.630.14-0.780.850.870.130.720.920.30.86-0.720.55-0.730.29
0.330.410.320.220.510.340.460.59-0.090.320.38-0.070.71-0.120.240.060.23-0.010.230.3-0.040.00.060.04-0.15
0.840.770.510.960.430.770.420.010.640.77-0.230.64-0.14-0.860.830.97-0.180.870.920.86-0.04-0.890.6-0.910.24
-0.79-0.77-0.53-0.87-0.39-0.78-0.490.07-0.57-0.780.16-0.570.240.95-0.83-0.890.24-0.95-0.87-0.720.0-0.89-0.660.96-0.12
0.550.610.690.570.250.520.510.050.370.52-0.070.370.03-0.580.630.62-0.190.450.620.550.060.6-0.66-0.52-0.1
-0.79-0.74-0.45-0.88-0.41-0.77-0.450.05-0.56-0.770.26-0.560.250.96-0.8-0.910.18-0.97-0.86-0.730.04-0.910.96-0.52-0.17
0.190.05-0.330.210.230.11-0.220.160.50.120.450.5-0.2-0.180.090.10.020.20.160.29-0.150.24-0.12-0.1-0.17
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Target Account Relationship Matchups

Target fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.8B51.2B53.8B53.3B55.4B32.0B
Short Long Term Debt Total13.8B14.9B16.2B18.8B19.6B10.9B
Other Current Liab955M4.3B4.8B4.8B4.9B5.2B
Total Current Liabilities14.5B20.1B21.7B19.5B19.3B9.9B
Total Stockholder Equity11.8B14.4B12.8B11.2B13.4B10.1B
Property Plant And Equipment Net28.5B29.1B30.7B34.2B36.5B19.1B
Net Debt11.2B6.4B10.3B16.5B15.8B9.4B
Retained Earnings6.4B8.8B6.9B5.0B7.1B7.5B
Cash2.6B8.5B5.9B2.2B3.8B4.0B
Non Current Assets Total29.9B30.5B32.2B35.5B37.9B20.1B
Non Currrent Assets Other1.4B1.4B(1.2B)(2.0B)761M799.1M
Cash And Short Term Investments2.6B8.5B5.9B2.2B3.8B4.0B
Net Receivables498M631M1.4B1.2B1.4B1.3B
Common Stock Shares Outstanding515.6M505.4M492.7M464.7M462.8M654.2M
Liabilities And Stockholders Equity42.8B51.2B53.8B53.3B55.4B32.0B
Non Current Liabilities Total16.5B16.7B19.2B22.6B22.6B12.1B
Inventory9.0B10.7B13.9B13.5B11.9B6.4B
Other Current Assets796M961M407M949M403M382.9M
Other Stockholder Equity6.2B6.3B6.4B6.6B6.8B3.6B
Total Liab30.9B36.8B41.0B42.1B41.9B21.9B
Total Current Assets12.9B20.8B21.6B17.8B17.5B11.9B
Short Term Debt161M1.4B425M426M1.4B815.3M
Accounts Payable9.9B12.9B15.5B13.5B12.1B6.7B
Property Plant And Equipment Gross28.5B29.1B51.9B54.1B60.9B63.9B
Accumulated Other Comprehensive Income(868M)(756M)(553M)(419M)(460M)(483M)
Current Deferred Revenue3.5B5.1B1.2B1.2B1.2B1.5B
Intangible Assets686M37M25M645M8M7.6M
Short Term Investments39M7.6B17M1.3B2.9B1.7B
Net Tangible Assets11.8B13.8B12.8B11.2B10.1B10.7B
Long Term Debt10.0B9.8B13.5B16.0B14.9B13.5B
Retained Earnings Total Equity6.4B8.8B6.9B5.0B4.5B7.1B
Long Term Debt Total11.3B11.5B13.5B16.0B18.4B13.7B
Capital Surpluse6.2B6.3B6.4B6.6B7.6B5.8B
Deferred Long Term Liab1.1B990M1.6B2.2B2.5B1.3B
Non Current Liabilities Other4.0B47M1.6B1.8B181M172.0M
Accumulated Depreciation(18.2B)(18.7B)(19.7B)(22.6B)(20.4B)(21.4B)
Property Plant Equipment26.3B29.1B30.7B34.2B39.3B30.7B

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