Touchwood Other Assets vs Property Plant Equipment Analysis

TOUCHWOOD   90.21  0.46  0.51%   
Touchwood Entertainment financial indicator trend analysis is much more than just breaking down Touchwood Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchwood Entertainment is a good investment. Please check the relationship between Touchwood Entertainment Other Assets and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment 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 rate.

Other Assets vs Property Plant Equipment

Other Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Touchwood Entertainment Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Touchwood Entertainment's Other Assets and Property Plant Equipment is 0.64. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Touchwood Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Touchwood Entertainment's Other Assets 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 Other Assets of Touchwood Entertainment Limited 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 Other Assets i.e., Touchwood Entertainment's Other Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Property Plant Equipment

Most indicators from Touchwood Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchwood Entertainment 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 Touchwood Entertainment 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 rate.
As of the 1st of March 2025, Selling General Administrative is likely to grow to about 53.8 M, while Tax Provision is likely to drop about 8.7 M.
 2022 2023 2024 2025 (projected)
Interest Expense559K530K609.5K1.1M
Depreciation And Amortization6.1M5.2M6.0M4.4M

Touchwood Entertainment fundamental ratios Correlations

0.850.520.530.990.70.11-0.950.980.120.980.620.070.970.720.570.960.10.570.661.00.430.75-0.020.80.52
0.850.580.430.840.69-0.2-0.740.82-0.050.830.660.090.850.470.550.920.00.420.560.830.620.47-0.050.930.45
0.520.580.730.460.72-0.47-0.430.520.460.440.780.530.440.560.220.50.10.230.760.490.510.250.270.390.58
0.530.430.730.430.520.01-0.440.440.860.420.70.370.40.70.040.5-0.050.390.970.50.240.350.580.170.69
0.990.840.460.430.670.12-0.960.990.010.990.570.030.980.670.610.950.120.560.581.00.420.76-0.10.820.46
0.70.690.720.520.67-0.17-0.60.680.190.610.910.040.610.750.320.750.030.60.660.660.770.640.350.570.71
0.11-0.2-0.470.010.12-0.17-0.160.080.030.11-0.16-0.360.090.140.110.05-0.230.190.010.13-0.170.36-0.06-0.180.0
-0.95-0.74-0.43-0.44-0.96-0.6-0.16-0.95-0.05-0.98-0.48-0.14-0.97-0.63-0.55-0.87-0.12-0.6-0.57-0.97-0.24-0.770.16-0.73-0.35
0.980.820.520.440.990.680.08-0.950.010.980.580.090.970.670.620.930.190.510.580.980.440.73-0.110.80.46
0.12-0.050.460.860.010.190.03-0.050.01-0.010.430.34-0.040.5-0.360.070.00.220.760.09-0.060.080.75-0.30.57
0.980.830.440.420.990.610.11-0.980.98-0.010.50.111.00.590.610.920.10.560.550.990.330.71-0.180.830.37
0.620.660.780.70.570.91-0.16-0.480.580.430.50.10.490.760.130.710.050.60.790.570.730.550.520.410.86
0.070.090.530.370.030.04-0.36-0.140.090.340.110.10.12-0.17-0.14-0.060.180.050.290.06-0.14-0.340.010.07-0.02
0.970.850.440.40.980.610.09-0.970.97-0.041.00.490.120.560.630.920.080.530.530.980.340.68-0.20.860.34
0.720.470.560.70.670.750.14-0.630.670.50.590.76-0.170.560.290.720.180.510.80.690.420.830.440.290.75
0.570.550.220.040.610.320.11-0.550.62-0.360.610.13-0.140.630.290.550.0-0.110.170.60.180.46-0.490.66-0.14
0.960.920.50.50.950.750.05-0.870.930.070.920.71-0.060.920.720.550.10.570.650.950.570.730.060.840.58
0.10.00.1-0.050.120.03-0.23-0.120.190.00.10.050.180.080.180.00.1-0.01-0.010.1-0.080.090.080.030.02
0.570.420.230.390.560.60.19-0.60.510.220.560.60.050.530.51-0.110.57-0.010.50.550.270.660.260.290.59
0.660.560.760.970.580.660.01-0.570.580.760.550.790.290.530.80.170.65-0.010.50.630.330.520.520.310.72
1.00.830.490.51.00.660.13-0.970.980.090.990.570.060.980.690.60.950.10.550.630.380.75-0.070.80.47
0.430.620.510.240.420.77-0.17-0.240.44-0.060.330.73-0.140.340.420.180.57-0.080.270.330.380.270.270.510.65
0.750.470.250.350.760.640.36-0.770.730.080.710.55-0.340.680.830.460.730.090.660.520.750.270.030.380.48
-0.02-0.050.270.58-0.10.35-0.060.16-0.110.75-0.180.520.01-0.20.44-0.490.060.080.260.52-0.070.270.03-0.240.64
0.80.930.390.170.820.57-0.18-0.730.8-0.30.830.410.070.860.290.660.840.030.290.310.80.510.38-0.240.17
0.520.450.580.690.460.710.0-0.350.460.570.370.86-0.020.340.75-0.140.580.020.590.720.470.650.480.640.17
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Touchwood Entertainment Account Relationship Matchups

Touchwood Entertainment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets179.2M185.3M337.2M429.4M493.8M518.5M
Short Long Term Debt Total6.6M4.5M2.7M17.2M19.8M20.8M
Other Current Liab7.9M4.6M11.8M16.7M19.2M10.3M
Total Current Liabilities33.0M18.7M67.5M48.6M55.9M48.3M
Total Stockholder Equity135.1M156.8M260.6M352.8M405.8M426.0M
Property Plant And Equipment Net27.2M26.6M20.6M40.7M46.9M27.4M
Current Deferred Revenue7.2M13.9M14.6M6.2M7.2M9.9M
Net Debt(37.7M)(67.1M)(168.1M)(196.3M)(176.7M)(167.9M)
Retained Earnings33.3M55M79.1M108.2M124.5M130.7M
Accounts Payable14.3M2.6M41.3M9.4M10.8M10.2M
Cash44.2M71.6M170.7M213.5M245.6M257.8M
Non Current Assets Total49.6M52.9M39.7M61.6M70.8M52.5M
Non Currrent Assets Other(29.0M)100K37.5M15.8M14.2M9.2M
Cash And Short Term Investments44.2M71.6M191.5M266.8M306.8M322.1M
Net Receivables79.3M48.2M70.3M74.2M85.3M47.4M
Liabilities And Stockholders Equity179.2M185.3M337.2M429.4M493.8M518.5M
Non Current Liabilities Total11.0M9.8M9.1M21.4M24.6M25.8M
Other Current Assets16.2M26.3M28.3M26.9M30.9M18.5M
Total Liab44.1M28.5M76.6M70.0M80.4M57.3M
Total Current Assets129.6M132.4M297.6M367.8M423.0M444.1M
Short Term Debt3.7M2.3M(2.4M)4.0M4.6M4.8M
Other Assets27.8M24.8M2.4M1K900.0855.0
Long Term Debt2.9M2.2M1.5M13.2M15.2M16.0M
Property Plant Equipment27.9M28.9M26.6M22.9M26.3M29.9M
Other Liab6.8M8.8M8.1M7.6M8.7M7.0M
Net Tangible Assets118.8M122.7M133.4M152.5M175.4M118.0M
Short Term Investments455K570K20.8M53.2M61.2M64.3M
Long Term Debt Total2.1M2.9M2.2M1.5M1.4M2.3M
Other Stockholder Equity33.3M55.0M5.7M82.8M95.2M100.0M
Short Long Term Debt3.7M2.3M1.1M4.0M3.6M2.5M
Net Invested Capital141.7M161.3M263.3M370.0M425.5M446.8M
Cash And Equivalents3.0M3.1M0.020.8M23.9M25.1M
Net Working Capital96.6M113.6M230.0M319.2M367.1M385.5M
Intangible Assets1.7M4.2M40K2.9M3.3M3.5M
Property Plant And Equipment Gross57.2M61.1M56.2M70.8M81.4M65.3M

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Other Information on Investing in Touchwood Stock

Balance Sheet is a snapshot of the financial position of Touchwood Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Touchwood Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Touchwood Entertainment 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 Touchwood currently owns. An asset can also be divided into two categories, current and non-current.