Totally Intangible Assets vs Total Stockholder Equity Analysis

THP Stock  CAD 0.08  0.08  50.00%   
Totally Hip financial indicator trend analysis is much more than just breaking down Totally Hip Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Totally Hip Technologies is a good investment. Please check the relationship between Totally Hip Intangible Assets and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Totally Hip Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Totally Hip Technologies Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Totally Hip's Intangible Assets and Total Stockholder Equity is -0.18. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Totally Hip Technologies, assuming nothing else is changed. The correlation between historical values of Totally Hip's Intangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Totally Hip Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Totally Hip's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.
Most indicators from Totally Hip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Totally Hip Technologies 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 Totally Hip Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 86.4 K in 2024

Totally Hip fundamental ratios Correlations

0.10.70.66-0.570.51.0-0.640.540.1-0.391.0-0.410.20.51-0.52-0.53-0.550.510.760.75-0.620.320.20.20.08
0.1-0.64-0.680.320.040.11-0.27-0.431.00.570.10.40.54-0.490.310.460.44-0.55-0.39-0.40.51-0.620.540.540.71
0.7-0.641.0-0.650.370.69-0.270.72-0.64-0.70.7-0.6-0.180.73-0.6-0.72-0.720.770.850.85-0.830.66-0.18-0.18-0.43
0.66-0.681.0-0.670.330.65-0.270.73-0.68-0.720.66-0.61-0.240.75-0.63-0.75-0.740.80.860.86-0.850.7-0.24-0.24-0.49
-0.570.32-0.65-0.670.04-0.570.68-0.940.320.75-0.570.580.26-0.880.980.980.98-0.9-0.92-0.920.86-0.70.260.260.6
0.50.040.370.330.040.5-0.21-0.040.040.10.50.180.17-0.020.090.050.040.040.210.22-0.210.020.170.170.19
1.00.110.690.65-0.570.5-0.650.540.11-0.391.0-0.40.210.51-0.53-0.53-0.550.510.750.75-0.620.310.210.210.09
-0.64-0.27-0.27-0.270.68-0.21-0.65-0.56-0.270.28-0.640.190.15-0.530.730.620.64-0.54-0.66-0.650.53-0.390.150.150.08
0.54-0.430.720.73-0.94-0.040.54-0.56-0.43-0.740.55-0.61-0.210.96-0.94-0.96-0.960.940.910.91-0.850.77-0.21-0.21-0.64
0.11.0-0.64-0.680.320.040.11-0.27-0.430.570.10.40.54-0.490.310.460.44-0.55-0.39-0.40.51-0.620.540.540.71
-0.390.57-0.7-0.720.750.1-0.390.28-0.740.57-0.40.910.39-0.80.740.790.78-0.78-0.74-0.750.8-0.740.390.390.68
1.00.10.70.66-0.570.51.0-0.640.550.1-0.4-0.410.20.52-0.53-0.54-0.560.520.760.76-0.620.320.20.20.08
-0.410.4-0.6-0.610.580.18-0.40.19-0.610.40.91-0.410.15-0.650.570.620.62-0.58-0.58-0.580.58-0.510.150.150.41
0.20.54-0.18-0.240.260.170.210.15-0.210.540.390.20.15-0.380.350.380.36-0.47-0.26-0.260.4-0.671.01.00.59
0.51-0.490.730.75-0.88-0.020.51-0.530.96-0.49-0.80.52-0.65-0.38-0.92-0.94-0.930.980.910.91-0.920.91-0.38-0.38-0.74
-0.520.31-0.6-0.630.980.09-0.530.73-0.940.310.74-0.530.570.35-0.920.980.98-0.92-0.91-0.90.86-0.760.350.360.63
-0.530.46-0.72-0.750.980.05-0.530.62-0.960.460.79-0.540.620.38-0.940.981.0-0.95-0.94-0.930.89-0.80.380.380.66
-0.550.44-0.72-0.740.980.04-0.550.64-0.960.440.78-0.560.620.36-0.930.981.0-0.95-0.94-0.940.88-0.780.360.360.63
0.51-0.550.770.8-0.90.040.51-0.540.94-0.55-0.780.52-0.58-0.470.98-0.92-0.95-0.950.940.94-0.950.93-0.47-0.47-0.76
0.76-0.390.850.86-0.920.210.75-0.660.91-0.39-0.740.76-0.58-0.260.91-0.91-0.94-0.940.941.0-0.950.78-0.26-0.26-0.54
0.75-0.40.850.86-0.920.220.75-0.650.91-0.4-0.750.76-0.58-0.260.91-0.9-0.93-0.940.941.0-0.960.79-0.26-0.26-0.55
-0.620.51-0.83-0.850.86-0.21-0.620.53-0.850.510.8-0.620.580.4-0.920.860.890.88-0.95-0.95-0.96-0.890.40.410.71
0.32-0.620.660.7-0.70.020.31-0.390.77-0.62-0.740.32-0.51-0.670.91-0.76-0.8-0.780.930.780.79-0.89-0.67-0.68-0.83
0.20.54-0.18-0.240.260.170.210.15-0.210.540.390.20.151.0-0.380.350.380.36-0.47-0.26-0.260.4-0.671.00.59
0.20.54-0.18-0.240.260.170.210.15-0.210.540.390.20.151.0-0.380.360.380.36-0.47-0.26-0.260.41-0.681.00.59
0.080.71-0.43-0.490.60.190.090.08-0.640.710.680.080.410.59-0.740.630.660.63-0.76-0.54-0.550.71-0.830.590.59
Click cells to compare fundamentals

Totally Hip Account Relationship Matchups

Totally Hip fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M1.0M738.1K45.7K52.6K50.0K
Total Current Liabilities1.3M1.1M1.0M464.6K418.1K397.2K
Total Stockholder Equity27.1K(67.2K)(294.9K)(418.9K)(481.7K)(505.8K)
Net Tangible Assets97.8K27.1K(67.2K)(294.9K)(339.1K)(356.1K)
Retained Earnings(18.1M)(18.6M)(18.8M)(18.9M)(17.0M)(17.9M)
Accounts Payable1.3M1.0M971.8K400.5K360.5K606.0K
Cash1.3M991.5K719.0K23.1K26.6K25.3K
Net Receivables5.4K7.6K11.2K14.7K13.2K8.4K
Total Liab1.3M1.1M1.0M464.6K418.1K397.2K
Short Long Term Debt112.5K79.5K42.7K30.4K27.3K25.9K
Total Current Assets1.4M1.0M737.6K45.3K52.1K49.5K
Property Plant Equipment954.0763.0611.0489.0440.1418.1
Non Current Assets Total763.0611.0489.0391.0351.9334.31
Net Invested Capital69.7K(36.8K)(264.5K)(388.5K)(446.8K)(469.2K)
Net Working Capital26.3K(67.8K)(295.4K)(419.3K)(482.2K)(506.3K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Totally Stock Analysis

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