Toast Net Receivables vs Common Stock Analysis
TOST Stock | USD 42.37 1.17 2.69% |
Toast financial indicator trend analysis is much more than just breaking down Toast Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Toast Inc is a good investment. Please check the relationship between Toast Net Receivables and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toast Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Receivables vs Common Stock
Net Receivables vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toast Inc Net Receivables account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Toast's Net Receivables and Common Stock is -0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Toast Inc, assuming nothing else is changed. The correlation between historical values of Toast's Net Receivables 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 Net Receivables of Toast Inc 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 Net Receivables i.e., Toast's Net Receivables and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Common Stock
Most indicators from Toast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Toast Inc 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 Toast Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Toast's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 228.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 21M | 24M | 32M | 24.9M | Interest Income | 84K | 11M | 33M | 34.7M |
Toast fundamental ratios Correlations
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Toast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Toast Stock Analysis
When running Toast's price analysis, check to measure Toast'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 Toast is operating at the current time. Most of Toast's value examination focuses on studying past and present price action to predict the probability of Toast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toast's price. Additionally, you may evaluate how the addition of Toast to your portfolios can decrease your overall portfolio volatility.