Thomas Retained Earnings vs Accounts Payable Analysis

THOMASCOTT

374.20 17.81 5.00%

Thomas Scott financial indicator trend analysis is much more than just breaking down Thomas Scott Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thomas Scott Limited is a good investment. Please check the relationship between Thomas Scott Retained Earnings and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomas Scott Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomas Scott Limited Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Thomas Scott's Retained Earnings and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Thomas Scott Limited, assuming nothing else is changed. The correlation between historical values of Thomas Scott's Retained Earnings 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 Retained Earnings of Thomas Scott Limited 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 Retained Earnings i.e., Thomas Scott's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Thomas Scott 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 Thomas Scott Limited 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 Thomas Scott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thomas Scott Limited 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 Thomas Scott Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At present, Thomas Scott's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	75.7M	262.5M	284.0M	298.2M
Total Revenue	322.9M	627.9M	912.6M	495.7M

Gross Profit Total Revenue

Thomas Scott fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Net Receivables	Intangible Assets	Other Liab
Total Assets		0.91	0.94	0.59	0.93	0.99	-0.73	0.84	0.6	0.91	0.98	0.62	0.91	0.94	0.93	0.84	0.91	0.78	0.87	1.0	0.95	0.25	-0.01	0.14	0.25	0.18
Short Long Term Debt Total	0.91		0.87	0.39	0.89	0.94	-0.74	0.85	0.39	0.96	0.93	0.46	0.96	0.78	0.92	0.6	0.87	0.71	0.74	0.9	0.83	0.04	-0.08	0.06	0.0	-0.14
Other Current Liab	0.94	0.87		0.41	0.95	0.97	-0.6	0.88	0.4	0.83	0.97	0.68	0.83	0.89	0.84	0.89	0.82	0.77	0.73	0.94	0.93	0.17	0.0	0.13	0.45	0.27
Total Current Liabilities	0.59	0.39	0.41		0.28	0.47	-0.27	0.09	0.97	0.39	0.47	0.12	0.39	0.54	0.49	0.57	0.5	0.25	0.88	0.61	0.48	0.48	0.4	0.23	0.24	0.52
Total Stockholder Equity	0.93	0.89	0.95	0.28		0.97	-0.7	0.95	0.3	0.88	0.97	0.7	0.88	0.91	0.84	0.79	0.81	0.82	0.63	0.92	0.95	0.03	-0.21	0.19	0.26	0.05
Property Plant And Equipment Net	0.99	0.94	0.97	0.47	0.97		-0.72	0.89	0.48	0.93	1.0	0.63	0.93	0.93	0.91	0.82	0.89	0.79	0.79	0.98	0.96	0.14	-0.07	0.15	0.24	0.11
Net Debt	-0.73	-0.74	-0.6	-0.27	-0.7	-0.72		-0.73	-0.39	-0.89	-0.7	-0.57	-0.89	-0.66	-0.85	-0.43	-0.83	-0.71	-0.62	-0.74	-0.65	-0.19	0.44	0.27	0.33	0.36
Retained Earnings	0.84	0.85	0.88	0.09	0.95	0.89	-0.73		0.13	0.86	0.89	0.72	0.87	0.76	0.8	0.68	0.77	0.84	0.5	0.83	0.82	-0.03	-0.35	0.07	0.15	-0.14
Accounts Payable	0.6	0.39	0.4	0.97	0.3	0.48	-0.39	0.13		0.44	0.47	0.18	0.44	0.54	0.5	0.55	0.49	0.32	0.86	0.62	0.47	0.37	0.18	0.23	0.11	0.42
Cash	0.91	0.96	0.83	0.39	0.88	0.93	-0.89	0.86	0.44		0.91	0.54	1.0	0.79	0.96	0.59	0.92	0.77	0.76	0.91	0.82	0.12	-0.23	-0.05	-0.11	-0.21
Non Current Assets Total	0.98	0.93	0.97	0.47	0.97	1.0	-0.7	0.89	0.47	0.91		0.63	0.91	0.93	0.9	0.83	0.88	0.79	0.79	0.98	0.96	0.15	-0.05	0.18	0.27	0.14
Non Currrent Assets Other	0.62	0.46	0.68	0.12	0.7	0.63	-0.57	0.72	0.18	0.54	0.63		0.54	0.64	0.54	0.69	0.54	0.9	0.38	0.62	0.66	0.14	-0.37	0.04	0.34	0.15
Cash And Short Term Investments	0.91	0.96	0.83	0.39	0.88	0.93	-0.89	0.87	0.44	1.0	0.91	0.54		0.8	0.96	0.59	0.92	0.77	0.76	0.91	0.82	0.12	-0.22	-0.05	-0.11	-0.21
Common Stock Shares Outstanding	0.94	0.78	0.89	0.54	0.91	0.93	-0.66	0.76	0.54	0.79	0.93	0.64	0.8		0.83	0.86	0.83	0.71	0.78	0.94	0.99	0.29	0.01	0.19	0.36	0.3
Non Current Liabilities Total	0.93	0.92	0.84	0.49	0.84	0.91	-0.85	0.8	0.5	0.96	0.9	0.54	0.96	0.83		0.67	0.99	0.72	0.84	0.93	0.83	0.39	0.0	-0.18	0.03	-0.06
Inventory	0.84	0.6	0.89	0.57	0.79	0.82	-0.43	0.68	0.55	0.59	0.83	0.69	0.59	0.86	0.67		0.68	0.67	0.73	0.84	0.86	0.34	0.1	0.2	0.68	0.6
Other Current Assets	0.91	0.87	0.82	0.5	0.81	0.89	-0.83	0.77	0.49	0.92	0.88	0.54	0.92	0.83	0.99	0.68		0.7	0.84	0.91	0.82	0.49	0.06	-0.23	0.08	-0.01
Other Stockholder Equity	0.78	0.71	0.77	0.25	0.82	0.79	-0.71	0.84	0.32	0.77	0.79	0.9	0.77	0.71	0.72	0.67	0.7		0.55	0.78	0.74	0.04	-0.38	0.16	0.12	-0.04
Total Liab	0.87	0.74	0.73	0.88	0.63	0.79	-0.62	0.5	0.86	0.76	0.79	0.38	0.76	0.78	0.84	0.73	0.84	0.55		0.88	0.75	0.5	0.24	0.04	0.19	0.31
Total Current Assets	1.0	0.9	0.94	0.61	0.92	0.98	-0.74	0.83	0.62	0.91	0.98	0.62	0.91	0.94	0.93	0.84	0.91	0.78	0.88		0.95	0.27	-0.01	0.14	0.25	0.18
Common Stock	0.95	0.83	0.93	0.48	0.95	0.96	-0.65	0.82	0.47	0.82	0.96	0.66	0.82	0.99	0.83	0.86	0.82	0.74	0.75	0.95		0.2	-0.03	0.22	0.36	0.26
Current Deferred Revenue	0.25	0.04	0.17	0.48	0.03	0.14	-0.19	-0.03	0.37	0.12	0.15	0.14	0.12	0.29	0.39	0.34	0.49	0.04	0.5	0.27	0.2		0.6	-0.5	0.31	0.36
Short Term Debt	-0.01	-0.08	0.0	0.4	-0.21	-0.07	0.44	-0.35	0.18	-0.23	-0.05	-0.37	-0.22	0.01	0.0	0.1	0.06	-0.38	0.24	-0.01	-0.03	0.6		-0.1	0.49	0.53
Net Receivables	0.14	0.06	0.13	0.23	0.19	0.15	0.27	0.07	0.23	-0.05	0.18	0.04	-0.05	0.19	-0.18	0.2	-0.23	0.16	0.04	0.14	0.22	-0.5	-0.1		0.22	0.27
Intangible Assets	0.25	0.0	0.45	0.24	0.26	0.24	0.33	0.15	0.11	-0.11	0.27	0.34	-0.11	0.36	0.03	0.68	0.08	0.12	0.19	0.25	0.36	0.31	0.49	0.22		0.87
Other Liab	0.18	-0.14	0.27	0.52	0.05	0.11	0.36	-0.14	0.42	-0.21	0.14	0.15	-0.21	0.3	-0.06	0.6	-0.01	-0.04	0.31	0.18	0.26	0.36	0.53	0.27	0.87

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Thomas Scott Account Relationship Matchups

Thomas Scott fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	255.4M	364.4M	454.5M	681.0M	689.2M	522.0M
Short Long Term Debt Total	63.3M	42.0M	312K	45.9M	59.0M	56.0M
Other Current Liab	1.1M	929.8K	1.3M	7.0M	12.0M	12.6M
Total Current Liabilities	213.3M	323.2M	350.2M	375.9M	167.0M	196.2M
Total Stockholder Equity	41.2M	40.2M	102.5M	143.4M	506.9M	276.2M
Property Plant And Equipment Net	12.7M	14.3M	22.7M	46.1M	78.1M	51.8M
Net Debt	62.8M	40.4M	(31.4M)	(22.1M)	58.5M	61.4M
Retained Earnings	(216.1M)	(217.1M)	(210.8M)	(181.9M)	(81.5M)	(85.5M)
Accounts Payable	148.9M	280.1M	348.1M	277.8M	108.4M	154.9M
Cash	508.1K	1.7M	31.7M	68.0M	2.0M	1.9M
Non Current Assets Total	16.6M	18.2M	25.2M	51.4M	90.8M	60.2M
Non Currrent Assets Other	(13.0M)	1M	304K	2.3M	6.7M	6.0M
Cash And Short Term Investments	508.1K	1.7M	31.7M	68.0M	4.1M	3.9M
Liabilities And Stockholders Equity	255.4M	364.4M	454.5M	681.0M	689.2M	522.0M
Non Current Liabilities Total	872.7K	982.4K	1.8M	161.7M	15.2M	14.4M
Inventory	61.1M	96.0M	181.0M	250.7M	292.8M	307.4M
Other Current Assets	33.7M	7.2M	46.7M	310.9M	58.0M	55.1M
Other Stockholder Equity	(269.6M)	223.4M	19.1M	26.7M	178.1M	159.0M
Total Liab	214.2M	324.2M	352.0M	537.6M	182.2M	245.8M
Total Current Assets	238.8M	346.2M	429.3M	629.6M	598.3M	461.8M
Accumulated Other Comprehensive Income	(5.0M)	223.4M	239.1M	235.1M	312.4M	328.0M
Current Deferred Revenue	134.3K	132.0K	754K	54.1M	1.1M	1.0M
Short Term Debt	63.3M	41.0M	813K	91.1M	46.7M	40.0M
Net Receivables	143.6M	211.6M	169.9M	1K	243.4M	127.4M
Intangible Assets	277.3K	205.3K	192K	2.0M	3.2M	3.3M
Other Liab	872.7K	982.4K	1.8M	2.2M	2.5M	2.7M
Net Tangible Assets	40.9M	40.0M	102.3M	141.4M	162.6M	89.4M
Other Assets	3.6M	3.7M	2.3M	1.0M	923.4K	877.2K
Property Plant Equipment	12.7M	14.3M	22.7M	46.1M	53.0M	55.7M
Short Long Term Debt	63.3M	42.0M	312K	41.1M	46.7M	42.3M
Cash And Equivalents	508.1K	1.7M	31.7M	68.0M	78.2M	82.1M
Net Invested Capital	104.5M	82.2M	102.8M	189.3M	565.9M	594.2M
Net Working Capital	25.5M	23.0M	79.1M	253.7M	431.3M	452.8M

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Balance Sheet is a snapshot of the financial position of Thomas Scott Limited at a specified time, usually calculated after every quarter, six months, or one year. Thomas Scott Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thomas Scott and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thomas currently owns. An asset can also be divided into two categories, current and non-current.

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Thomas Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

Thomas Scott fundamental ratios Correlations

Thomas Scott Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thomas Scott fundamental ratios Accounts

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Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Other Current Assets	+ 0.99	Non Current Liabilities Total

Cash And Short Term Investments	- 0.89	Net Debt
Cash	- 0.89	Net Debt
Non Current Liabilities Total	- 0.85	Net Debt
Other Current Assets	- 0.83	Net Debt
Total Current Assets	- 0.74	Net Debt
Net Debt	- 0.74	Short Long Term Debt Total