Technology Total Current Liabilities vs Common Stock Analysis

TNE Stock

30.80 0.07 0.23%

Technology One financial indicator trend analysis is much more than just breaking down Technology One prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology One is a good investment. Please check the relationship between Technology One Total Current Liabilities and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology One. 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology One Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Technology One's Total Current Liabilities and Common Stock is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Technology One, assuming nothing else is changed. The correlation between historical values of Technology One's Total Current Liabilities and Common Stock 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 Current Liabilities of Technology One are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Technology One's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on Technology One balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Technology One are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock

Most indicators from Technology One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology One 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 Technology One. 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 gain to about 259.8 M in 2025, whereas Tax Provision is likely to drop slightly above 18.6 M in 2025.

	2022	2023	2024	2025 (projected)
EBITDA	185.5M	224.3M	257.9M	270.8M
EBIT	132.0M	155.5M	178.8M	187.8M

Ebitda Ebit

Technology One fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Non Current Assets Total	Other Assets	Short Term Investments	Other Stockholder Equity	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.83	0.8	0.81	0.77	0.83	0.33	0.31	0.08	0.84	0.68	0.64	0.58	0.71	0.76	0.83	0.84	-0.27	0.83	0.78	0.77	0.8	-0.4	0.79	0.01	0.76
Total Assets	0.83		0.95	0.95	0.97	0.97	0.19	0.47	0.32	0.99	0.81	0.7	0.84	0.93	0.97	1.0	0.99	-0.39	0.95	0.96	0.91	0.99	-0.43	0.81	0.12	0.96
Short Long Term Debt Total	0.8	0.95		0.89	0.88	0.94	0.39	0.24	0.12	0.95	0.63	0.57	0.79	0.83	0.89	0.93	0.95	-0.47	0.98	0.89	0.87	0.97	-0.54	0.87	0.01	0.95
Other Current Liab	0.81	0.95	0.89		0.92	0.91	0.23	0.43	0.24	0.93	0.8	0.7	0.74	0.87	0.91	0.95	0.94	-0.29	0.91	0.91	0.83	0.91	-0.26	0.8	0.2	0.88
Total Current Liabilities	0.77	0.97	0.88	0.92		0.88	0.07	0.62	0.41	0.93	0.79	0.73	0.82	0.97	0.99	0.96	0.94	-0.49	0.87	1.0	0.8	0.94	-0.25	0.72	0.28	0.91
Total Stockholder Equity	0.83	0.97	0.94	0.91	0.88		0.31	0.3	0.18	0.99	0.82	0.61	0.75	0.82	0.88	0.97	0.98	-0.29	0.96	0.87	0.97	0.96	-0.6	0.88	-0.07	0.94
Net Debt	0.33	0.19	0.39	0.23	0.07	0.31		-0.67	-0.86	0.29	-0.11	-0.3	-0.2	-0.01	0.03	0.18	0.25	-0.17	0.46	0.12	0.19	0.21	-0.47	0.7	-0.33	0.16
Accounts Payable	0.31	0.47	0.24	0.43	0.62	0.3	-0.67		0.85	0.37	0.55	0.8	0.6	0.66	0.62	0.48	0.4	-0.22	0.21	0.58	0.3	0.42	0.3	-0.05	0.54	0.41
Cash	0.08	0.32	0.12	0.24	0.41	0.18	-0.86	0.85		0.2	0.46	0.63	0.65	0.46	0.46	0.32	0.26	-0.07	0.04	0.36	0.27	0.3	0.21	-0.28	0.37	0.35
Cash And Short Term Investments	0.84	0.99	0.95	0.93	0.93	0.99	0.29	0.37	0.2		0.83	0.64	0.75	0.87	0.93	0.99	0.99	-0.39	0.97	0.93	0.93	0.97	-0.51	0.88	0.01	0.94
Net Receivables	0.68	0.81	0.63	0.8	0.79	0.82	-0.11	0.55	0.46	0.83		0.7	0.65	0.72	0.78	0.84	0.83	-0.01	0.69	0.76	0.84	0.75	-0.32	0.59	0.01	0.74
Common Stock Total Equity	0.64	0.7	0.57	0.7	0.73	0.61	-0.3	0.8	0.63	0.64	0.7		0.74	0.71	0.75	0.71	0.67	-0.13	0.56	0.7	0.6	0.67	0.04	0.32	0.36	0.63
Non Current Liabilities Total	0.58	0.84	0.79	0.74	0.82	0.75	-0.2	0.6	0.65	0.75	0.65	0.74		0.84	0.88	0.82	0.8	-0.28	0.71	0.8	0.77	0.87	-0.27	0.43	0.27	0.89
Other Current Assets	0.71	0.93	0.83	0.87	0.97	0.82	-0.01	0.66	0.46	0.87	0.72	0.71	0.84		0.97	0.92	0.89	-0.48	0.8	0.96	0.75	0.91	-0.23	0.63	0.29	0.9
Total Liab	0.76	0.97	0.89	0.91	0.99	0.88	0.03	0.62	0.46	0.93	0.78	0.75	0.88	0.97		0.96	0.94	-0.47	0.87	0.99	0.82	0.96	-0.27	0.69	0.27	0.94
Total Current Assets	0.83	1.0	0.93	0.95	0.96	0.97	0.18	0.48	0.32	0.99	0.84	0.71	0.82	0.92	0.96		0.99	-0.36	0.94	0.96	0.92	0.98	-0.42	0.82	0.11	0.95
Common Stock	0.84	0.99	0.95	0.94	0.94	0.98	0.25	0.4	0.26	0.99	0.83	0.67	0.8	0.89	0.94	0.99		-0.38	0.96	0.94	0.94	0.98	-0.5	0.85	0.02	0.96
Other Liab	-0.27	-0.39	-0.47	-0.29	-0.49	-0.29	-0.17	-0.22	-0.07	-0.39	-0.01	-0.13	-0.28	-0.48	-0.47	-0.36	-0.38		-0.4	-0.52	-0.18	-0.43	0.23	-0.35	-0.09	-0.42
Property Plant And Equipment Net	0.83	0.95	0.98	0.91	0.87	0.96	0.46	0.21	0.04	0.97	0.69	0.56	0.71	0.8	0.87	0.94	0.96	-0.4		0.89	0.88	0.95	-0.53	0.93	0.0	0.91
Current Deferred Revenue	0.78	0.96	0.89	0.91	1.0	0.87	0.12	0.58	0.36	0.93	0.76	0.7	0.8	0.96	0.99	0.96	0.94	-0.52	0.89		0.79	0.94	-0.26	0.75	0.28	0.91
Retained Earnings	0.77	0.91	0.87	0.83	0.8	0.97	0.19	0.3	0.27	0.93	0.84	0.6	0.77	0.75	0.82	0.92	0.94	-0.18	0.88	0.79		0.91	-0.66	0.79	-0.15	0.91
Non Current Assets Total	0.8	0.99	0.97	0.91	0.94	0.96	0.21	0.42	0.3	0.97	0.75	0.67	0.87	0.91	0.96	0.98	0.98	-0.43	0.95	0.94	0.91		-0.49	0.8	0.09	0.98
Other Assets	-0.4	-0.43	-0.54	-0.26	-0.25	-0.6	-0.47	0.3	0.21	-0.51	-0.32	0.04	-0.27	-0.23	-0.27	-0.42	-0.5	0.23	-0.53	-0.26	-0.66	-0.49		-0.61	0.73	-0.53
Short Term Investments	0.79	0.81	0.87	0.8	0.72	0.88	0.7	-0.05	-0.28	0.88	0.59	0.32	0.43	0.63	0.69	0.82	0.85	-0.35	0.93	0.75	0.79	0.8	-0.61		-0.17	0.75
Other Stockholder Equity	0.01	0.12	0.01	0.2	0.28	-0.07	-0.33	0.54	0.37	0.01	0.01	0.36	0.27	0.29	0.27	0.11	0.02	-0.09	0.0	0.28	-0.15	0.09	0.73	-0.17		0.03
Property Plant And Equipment Gross	0.76	0.96	0.95	0.88	0.91	0.94	0.16	0.41	0.35	0.94	0.74	0.63	0.89	0.9	0.94	0.95	0.96	-0.42	0.91	0.91	0.91	0.98	-0.53	0.75	0.03

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Technology One Account Relationship Matchups

Technology One fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	322.7M	324.5M	326.2M	327.5M	376.7M	340.7M
Total Assets	509.1M	588.2M	636.7M	757.4M	871.1M	914.6M
Short Long Term Debt Total	33.4M	35.3M	33.2M	59.7M	68.6M	72.0M
Other Current Liab	40.1M	36.1M	30.8M	46.6M	53.6M	56.3M
Total Current Liabilities	237.2M	271.1M	303.8M	322.8M	371.2M	389.8M
Total Stockholder Equity	190.2M	239.1M	306.0M	379.3M	436.2M	458.0M
Net Debt	(110.8M)	(140.6M)	(165.1M)	4.5M	4.0M	4.2M
Accounts Payable	31.1M	40.3M	39.7M	22.7M	26.1M	15.5M
Cash	144.2M	175.9M	198.3M	55.2M	63.5M	70.2M
Cash And Short Term Investments	144.2M	175.9M	223.3M	278.7M	320.5M	336.5M
Net Receivables	50.6M	57.3M	85.3M	67.5M	77.7M	81.6M
Liabilities And Stockholders Equity	509.1M	588.2M	692.8M	757.4M	871.1M	914.6M
Non Current Liabilities Total	81.7M	78.0M	83.0M	55.4M	63.7M	66.9M
Other Current Assets	57.6M	69.7M	57.6M	60.9M	70.0M	73.5M
Total Liab	318.9M	349.1M	386.8M	378.2M	434.9M	456.6M
Total Current Assets	275.8M	324.3M	344.4M	407.1M	468.2M	491.6M
Common Stock	51.6M	57.6M	67.5M	77.3M	88.9M	93.4M
Other Liab	4.5M	2.6M	9.8M	2.3M	2.6M	2.5M
Property Plant And Equipment Net	29.8M	31.6M	36.0M	67.2M	77.2M	81.1M
Current Deferred Revenue	169.3M	184.0M	214.5M	246.3M	283.3M	297.4M
Retained Earnings	98.3M	141.0M	187.3M	183.8M	211.4M	222.0M
Non Current Assets Total	233.4M	263.9M	304.9M	350.3M	402.9M	423.0M
Other Assets	35.6M	39.0M	1.0	(12.5M)	(14.4M)	(13.7M)
Short Term Investments	238K	600K	25M	223.5M	257.0M	269.9M
Other Stockholder Equity	27.6M	33.5M	40.3M	(1.2M)	(1.4M)	(1.4M)
Property Plant And Equipment Gross	32.8M	79.4M	89.4M	99.6M	114.6M	120.3M
Accumulated Other Comprehensive Income	40.3M	40.4M	51.2M	118.1M	135.8M	142.6M
Short Term Debt	12.6M	7.9M	8.9M	7.1M	8.2M	8.6M
Intangible Assets	161.8M	186.4M	160.2M	182.8M	210.2M	220.8M
Property Plant Equipment	10.9M	32.8M	28.3M	31.6M	36.4M	38.2M
Non Currrent Assets Other	(33.0M)	(26.2M)	32.8M	29.0M	33.3M	35.0M
Good Will	47.7M	46.6M	48.0M	48.2M	55.4M	58.2M
Net Tangible Assets	37.7M	41.6M	37.6M	52.7M	47.5M	50.8M
Capital Lease Obligations	29.3M	30.4M	35.3M	33.2M	38.1M	40.0M
Non Current Liabilities Other	147K	7.7M	94K	68K	78.2K	74.3K

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