Topicus Property Plant And Equipment Net vs Property Plant Equipment Analysis

TOI Stock  CAD 132.05  1.95  1.46%   
Topicus financial indicator trend analysis is much more than just breaking down Topicus prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Topicus is a good investment. Please check the relationship between Topicus Property Plant And Equipment Net and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Topicus. 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.

Property Plant And Equipment Net vs Property Plant Equipment

Property Plant And Equipment Net vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Topicus Property Plant And Equipment Net account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Topicus' Property Plant And Equipment Net and Property Plant Equipment is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Topicus, assuming nothing else is changed. The correlation between historical values of Topicus' Property Plant And Equipment Net and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Topicus are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Net i.e., Topicus' Property Plant And Equipment Net and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Property Plant Equipment

Most indicators from Topicus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Topicus 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 Topicus. 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.
At this time, Topicus' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 27.53 in 2025, whereas Tax Provision is likely to drop slightly above 22.3 M in 2025.
 2021 2022 2024 2025 (projected)
EBIT112.4M106.5M122.4M93.9M
Other Operating Expenses8.2M27.5M31.6M33.2M

Topicus fundamental ratios Correlations

0.120.16-0.38-0.440.06-0.11-0.13-0.43-0.42-0.23-0.160.420.180.01-0.48-0.030.79-0.060.060.420.050.04-0.07-0.270.08
0.121.0-0.67-0.050.980.910.960.79-0.19-0.90.90.180.970.990.050.970.450.980.990.190.740.990.94-0.860.97
0.161.0-0.69-0.090.990.870.950.76-0.23-0.910.880.220.980.980.010.970.470.970.980.230.750.990.92-0.880.97
-0.38-0.67-0.690.75-0.65-0.5-0.54-0.390.840.73-0.56-0.83-0.73-0.650.66-0.66-0.55-0.55-0.69-0.84-0.93-0.69-0.40.75-0.8
-0.44-0.05-0.090.75-0.030.180.080.240.990.140.1-0.99-0.14-0.030.99-0.04-0.260.1-0.08-0.99-0.61-0.070.260.2-0.23
0.060.980.99-0.65-0.030.880.970.82-0.17-0.920.910.160.980.980.080.980.390.980.970.170.750.980.92-0.880.96
-0.110.910.87-0.50.180.880.890.930.03-0.830.98-0.050.860.920.30.920.410.920.92-0.030.610.920.93-0.790.88
-0.130.960.95-0.540.080.970.890.86-0.06-0.820.90.050.920.980.180.970.20.990.960.060.70.960.95-0.760.92
-0.430.790.76-0.390.240.820.930.860.1-0.740.96-0.110.760.840.370.870.120.860.82-0.10.60.840.83-0.70.8
-0.42-0.19-0.230.840.99-0.170.03-0.060.10.28-0.05-1.0-0.28-0.170.96-0.18-0.32-0.05-0.22-1.0-0.72-0.210.130.33-0.37
-0.23-0.9-0.910.730.14-0.92-0.83-0.82-0.740.28-0.88-0.27-0.96-0.870.03-0.89-0.61-0.85-0.88-0.28-0.73-0.9-0.760.96-0.89
-0.160.90.88-0.560.10.910.980.90.96-0.05-0.880.040.890.930.230.940.360.920.920.050.690.930.88-0.840.9
0.420.180.22-0.83-0.990.16-0.050.05-0.11-1.0-0.270.040.270.16-0.960.170.310.030.211.00.710.2-0.14-0.310.36
0.180.970.98-0.73-0.140.980.860.920.76-0.28-0.960.890.270.96-0.030.970.510.940.960.280.790.970.86-0.930.96
0.010.990.98-0.65-0.030.980.920.980.84-0.17-0.870.930.160.960.080.990.370.991.00.170.761.00.95-0.850.98
-0.480.050.010.660.990.080.30.180.370.960.030.23-0.96-0.030.080.08-0.220.20.03-0.96-0.50.050.350.08-0.12
-0.030.970.97-0.66-0.040.980.920.970.87-0.18-0.890.940.170.970.990.080.370.980.990.180.780.990.92-0.880.98
0.790.450.47-0.55-0.260.390.410.20.12-0.32-0.610.360.310.510.37-0.220.370.30.420.320.280.420.29-0.660.43
-0.060.980.97-0.550.10.980.920.990.86-0.05-0.850.920.030.940.990.20.980.30.980.050.680.980.97-0.820.94
0.060.990.98-0.69-0.080.970.920.960.82-0.22-0.880.920.210.961.00.030.990.420.980.220.781.00.93-0.860.98
0.420.190.23-0.84-0.990.17-0.030.06-0.1-1.0-0.280.051.00.280.17-0.960.180.320.050.220.720.21-0.13-0.330.37
0.050.740.75-0.93-0.610.750.610.70.6-0.72-0.730.690.710.790.76-0.50.780.280.680.780.720.780.53-0.740.88
0.040.990.99-0.69-0.070.980.920.960.84-0.21-0.90.930.20.971.00.050.990.420.981.00.210.780.93-0.880.98
-0.070.940.92-0.40.260.920.930.950.830.13-0.760.88-0.140.860.950.350.920.290.970.93-0.130.530.93-0.720.86
-0.27-0.86-0.880.750.2-0.88-0.79-0.76-0.70.330.96-0.84-0.31-0.93-0.850.08-0.88-0.66-0.82-0.86-0.33-0.74-0.88-0.72-0.88
0.080.970.97-0.8-0.230.960.880.920.8-0.37-0.890.90.360.960.98-0.120.980.430.940.980.370.880.980.86-0.88
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Topicus Account Relationship Matchups

Topicus fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab86.1M104.3M144.4M(1K)(1.2K)(1.1K)
Total Current Liabilities216.9M398.8M570.1M566.0M650.9M384.7M
Other Liab77.8M89.8M138.8M179.0M205.8M118.6M
Net Tangible Assets(192.4M)(270.7M)(1.5B)(609.3M)(548.4M)(575.8M)
Retained Earnings138.6M(1.8B)226.9M297.4M267.6M281.0M
Accounts Payable96.1M134.8M174.2M211.4M243.1M135.7M
Other Assets5.2M5.8M12.5M34.9M40.1M42.1M
Net Receivables46.6M70.7M95.8M134.1M154.2M81.0M
Inventory375K570K1.4M4.5M5.2M5.5M
Other Stockholder Equity(714K)(1.4M)(1.0B)(232K)(208.8K)(219.2K)
Deferred Long Term Liab379K231K157K92K82.8K78.7K
Total Current Assets129.7M201.0M309.8M417.7M480.4M504.4M
Property Plant Equipment50.2M58.3M68.5M72.6M83.5M64.0M
Total Assets641.1M1.0B1.3B1.4B1.7B1.1B
Total Stockholder Equity264.7M(705.6M)266.1M339.2M390.1M409.6M
Property Plant And Equipment Net59.3M69.7M74.0M81.1M93.3M73.8M
Cash55.6M75.3M136.8M179.1M205.9M104.5M
Non Current Assets Total511.4M827.3M985.0M1.0B1.2B834.1M
Long Term Debt32.6M96.1M41.3M64.6M74.3M58.7M
Good Will134.5M191.1M222.3M238.1M273.8M196.6M
Non Current Liabilities Total159.5M273.9M256.9M276.6M318.1M243.6M
Capital Lease Obligations51.1M55.2M55.5M62.1M71.5M58.5M
Total Liab376.5M672.7M827.0M842.7M969.1M673.2M
Net Invested Capital316.7M(2.6B)539.5M564.9M649.6M682.1M
Long Term Investments103K998K2.1M2.4M2.8M2.9M
Property Plant And Equipment Gross101.4M132.6M150.6M168.5M193.8M139.1M
Short Long Term Debt19.5M75.6M232.1M161.1M185.2M118.2M
Non Current Liabilities Other8.3M11.6M23.4M29.6M34.0M35.7M
Net Working Capital(87.2M)(197.8M)(260.3M)(148.3M)(133.5M)(140.1M)
Intangible Assets311.7M553.1M651.7M668.0M768.2M543.6M

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