TPI Short Term Debt vs Good Will Analysis

TPIC Stock

USD 1.13 0.09 8.65%

TPI Composites financial indicator trend analysis is much more than just breaking down TPI Composites prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPI Composites is a good investment. Please check the relationship between TPI Composites Short Term Debt and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.

Short Term Debt vs Good Will

Short Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TPI Composites Short Term Debt account and Good Will. At this time, the significance of the direction appears to have strong relationship.

The correlation between TPI Composites' Short Term Debt and Good Will is 0.75. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of TPI Composites, assuming nothing else is changed. The correlation between historical values of TPI Composites' Short Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of TPI Composites are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Debt i.e., TPI Composites' Short Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Debt

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from TPI Composites' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPI Composites 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 TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.At present, TPI Composites' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Discontinued Operations is projected to grow to (8.3 M).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	32.3M	76.0M	55.7M	35.7M
Cost Of Revenue	1.5B	1.5B	1.4B	1.1B

Total Operating Expenses Cost Of Revenue

TPI Composites fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Current Deferred Revenue
Total Assets		0.75	0.39	0.96	0.25	0.96	0.46	-0.3	0.99	0.84	0.97	0.8	0.84	0.93	0.18	0.84	-0.18	0.68	-0.39	0.71	0.84	0.86	0.76	0.99	0.32	0.29
Short Long Term Debt Total	0.75		0.37	0.72	-0.06	0.78	0.89	-0.44	0.73	0.64	0.79	0.48	0.64	0.68	0.16	0.69	-0.29	0.74	-0.38	0.5	0.64	0.8	0.78	0.71	0.15	0.23
Other Current Liab	0.39	0.37		0.41	-0.04	0.41	0.16	-0.53	0.39	0.53	0.42	0.3	0.53	0.32	0.35	0.36	-0.65	0.37	-0.67	0.61	0.61	0.42	0.62	0.36	-0.17	-0.42
Total Current Liabilities	0.96	0.72	0.41		0.03	0.89	0.39	-0.46	0.95	0.9	0.9	0.74	0.9	0.82	0.38	0.91	-0.23	0.78	-0.29	0.76	0.79	0.95	0.81	0.96	0.11	0.42
Total Stockholder Equity	0.25	-0.06	-0.04	0.03		0.27	-0.11	0.76	0.24	0.06	0.26	0.4	0.06	0.37	-0.7	-0.09	0.44	-0.53	0.0	-0.29	0.28	-0.22	-0.3	0.23	0.72	-0.16
Property Plant And Equipment Net	0.96	0.78	0.41	0.89	0.27		0.56	-0.26	0.97	0.73	1.0	0.8	0.73	0.94	0.16	0.76	-0.22	0.65	-0.53	0.69	0.8	0.82	0.76	0.91	0.4	0.11
Net Debt	0.46	0.89	0.16	0.39	-0.11	0.56		-0.27	0.46	0.22	0.57	0.19	0.22	0.5	-0.02	0.42	-0.22	0.55	-0.37	0.23	0.32	0.53	0.56	0.38	0.24	0.05
Retained Earnings	-0.3	-0.44	-0.53	-0.46	0.76	-0.26	-0.27		-0.3	-0.48	-0.27	-0.11	-0.48	-0.13	-0.85	-0.48	0.62	-0.83	0.39	-0.76	-0.38	-0.61	-0.78	-0.31	0.6	-0.1
Accounts Payable	0.99	0.73	0.39	0.95	0.24	0.97	0.46	-0.3		0.79	0.98	0.82	0.79	0.93	0.24	0.85	-0.16	0.67	-0.44	0.7	0.83	0.85	0.78	0.96	0.36	0.24
Cash	0.84	0.64	0.53	0.9	0.06	0.73	0.22	-0.48	0.79		0.74	0.72	1.0	0.62	0.38	0.77	-0.24	0.64	-0.17	0.69	0.82	0.81	0.73	0.88	-0.07	0.41
Non Current Assets Total	0.97	0.79	0.42	0.9	0.26	1.0	0.57	-0.27	0.98	0.74		0.81	0.74	0.94	0.17	0.77	-0.21	0.66	-0.52	0.7	0.81	0.82	0.76	0.91	0.4	0.12
Non Currrent Assets Other	0.8	0.48	0.3	0.74	0.4	0.8	0.19	-0.11	0.82	0.72	0.81		0.72	0.71	0.24	0.63	0.1	0.37	-0.38	0.53	0.76	0.56	0.54	0.76	0.46	0.13
Cash And Short Term Investments	0.84	0.64	0.53	0.9	0.06	0.73	0.22	-0.48	0.79	1.0	0.74	0.72		0.62	0.38	0.77	-0.24	0.64	-0.18	0.69	0.82	0.81	0.73	0.88	-0.07	0.41
Net Receivables	0.93	0.68	0.32	0.82	0.37	0.94	0.5	-0.13	0.93	0.62	0.94	0.71	0.62		-0.01	0.73	-0.16	0.56	-0.52	0.62	0.74	0.72	0.65	0.9	0.54	0.11
Good Will	0.18	0.16	0.35	0.38	-0.7	0.16	-0.02	-0.85	0.24	0.38	0.17	0.24	0.38	-0.01		0.4	-0.41	0.65	-0.31	0.67	0.29	0.47	0.61	0.18	-0.51	0.09
Common Stock Shares Outstanding	0.84	0.69	0.36	0.91	-0.09	0.76	0.42	-0.48	0.85	0.77	0.77	0.63	0.77	0.73	0.4		-0.19	0.76	-0.25	0.66	0.66	0.89	0.77	0.85	0.1	0.43
Short Term Investments	-0.18	-0.29	-0.65	-0.23	0.44	-0.22	-0.22	0.62	-0.16	-0.24	-0.21	0.1	-0.24	-0.16	-0.41	-0.19		-0.51	0.56	-0.64	-0.2	-0.37	-0.46	-0.15	0.38	0.39
Non Current Liabilities Total	0.68	0.74	0.37	0.78	-0.53	0.65	0.55	-0.83	0.67	0.64	0.66	0.37	0.64	0.56	0.65	0.76	-0.51		-0.39	0.84	0.51	0.9	0.89	0.67	-0.23	0.32
Inventory	-0.39	-0.38	-0.67	-0.29	0.0	-0.53	-0.37	0.39	-0.44	-0.17	-0.52	-0.38	-0.18	-0.52	-0.31	-0.25	0.56	-0.39		-0.63	-0.5	-0.34	-0.56	-0.29	-0.3	0.67
Other Current Assets	0.71	0.5	0.61	0.76	-0.29	0.69	0.23	-0.76	0.7	0.69	0.7	0.53	0.69	0.62	0.67	0.66	-0.64	0.84	-0.63		0.67	0.77	0.83	0.69	-0.16	-0.03
Other Stockholder Equity	0.84	0.64	0.61	0.79	0.28	0.8	0.32	-0.38	0.83	0.82	0.81	0.76	0.82	0.74	0.29	0.66	-0.2	0.51	-0.5	0.67		0.68	0.75	0.82	0.18	0.05
Total Liab	0.86	0.8	0.42	0.95	-0.22	0.82	0.53	-0.61	0.85	0.81	0.82	0.56	0.81	0.72	0.47	0.89	-0.37	0.9	-0.34	0.77	0.68		0.85	0.86	0.0	0.39
Property Plant And Equipment Gross	0.76	0.78	0.62	0.81	-0.3	0.76	0.56	-0.78	0.78	0.73	0.76	0.54	0.73	0.65	0.61	0.77	-0.46	0.89	-0.56	0.83	0.75	0.85		0.74	-0.11	0.15
Total Current Assets	0.99	0.71	0.36	0.96	0.23	0.91	0.38	-0.31	0.96	0.88	0.91	0.76	0.88	0.9	0.18	0.85	-0.15	0.67	-0.29	0.69	0.82	0.86	0.74		0.25	0.39
Intangible Assets	0.32	0.15	-0.17	0.11	0.72	0.4	0.24	0.6	0.36	-0.07	0.4	0.46	-0.07	0.54	-0.51	0.1	0.38	-0.23	-0.3	-0.16	0.18	0.0	-0.11	0.25		-0.18
Current Deferred Revenue	0.29	0.23	-0.42	0.42	-0.16	0.11	0.05	-0.1	0.24	0.41	0.12	0.13	0.41	0.11	0.09	0.43	0.39	0.32	0.67	-0.03	0.05	0.39	0.15	0.39	-0.18

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TPI Composites Account Relationship Matchups

TPI Composites fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	956.3M	1.0B	962.2M	804.1M	692.5M	650.4M
Short Long Term Debt Total	398.9M	243.8M	216.8M	624.3M	257.0M	228.7M
Other Current Liab	24.8M	96.6M	54.6M	79.7M	80.9M	50.0M
Total Current Liabilities	406.1M	469.1M	456.6M	386.4M	474.0M	339.9M
Total Stockholder Equity	201.0M	251.0M	50.5M	(122.3M)	(373.2M)	(354.6M)
Property Plant And Equipment Net	367.8M	306.8M	289.2M	264.9M	215.7M	196.8M
Net Debt	269.0M	1.6M	83.2M	463.3M	60.5M	111.0M
Retained Earnings	(109.7M)	(269.3M)	(334.6M)	(536.3M)	(777.1M)	(738.2M)
Accounts Payable	296.0M	282.5M	280.5M	227.7M	235.5M	197.1M
Cash	129.9M	242.2M	133.5M	161.1M	196.5M	117.7M
Non Current Assets Total	408.1M	347.4M	317.0M	301.0M	247.4M	224.5M
Non Currrent Assets Other	40.3M	40.7M	12.2M	12.5M	28.2M	21.3M
Cash And Short Term Investments	129.9M	242.2M	133.5M	161.7M	196.5M	117.7M
Net Receivables	368.7M	333.2M	426.1M	284.0M	130.6M	215.6M
Common Stock Shares Outstanding	35.5M	37.4M	42.0M	42.7M	47.5M	34.9M
Short Term Investments	2.8M	1.2M	586K	597K	537.3K	510.4K
Liabilities And Stockholders Equity	956.3M	1.0B	962.2M	804.1M	692.5M	650.4M
Non Current Liabilities Total	349.1M	287.6M	455.1M	540.0M	591.7M	621.3M
Inventory	10.8M	11.5M	10.7M	9.4M	4.0M	3.8M
Other Current Assets	62.8M	91.9M	103.7M	48.0M	114.0M	119.7M
Other Stockholder Equity	343.4M	444.8M	400.0M	421.2M	426.2M	235.9M
Total Liab	755.2M	756.7M	911.7M	926.4M	1.1B	623.2M
Property Plant And Equipment Gross	209.0M	306.8M	289.2M	480.3M	452.0M	474.6M
Total Current Assets	548.2M	660.3M	645.2M	503.1M	445.1M	425.9M
Accumulated Other Comprehensive Income	(33.0M)	(54.0M)	(15.4M)	(7.6M)	(22.8M)	(21.7M)
Intangible Assets	5.7M	3.5M	3.3M	2.4M	658K	625.1K
Current Deferred Revenue	614K	1.3M	17.1M	24.0M	21.6M	23.0M
Short Term Debt	84.7M	88.7M	104.4M	92.5M	157.6M	165.5M
Other Liab	3.3M	8.9M	11.0M	10.7M	12.3M	6.4M
Net Tangible Assets	199.5M	198.2M	370.1M	357.6M	411.2M	431.8M
Other Assets	25.4M	192.1M	40.7M	24.2M	27.9M	43.0M
Long Term Debt	184.3M	8.2M	1.2M	414.7M	485.2M	509.5M
Deferred Long Term Liab	3.0M	2.9M	2.6M	2.4M	2.8M	2.7M
Short Long Term Debt	32.6M	66.4M	60.0M	70.5M	131.4M	137.9M
Common Stock	368K	374K	424K	470K	487K	417.4K
Property Plant Equipment	327.4M	209.0M	169.6M	136.8M	157.4M	163.3M
Long Term Debt Total	127.9M	184.3M	8.2M	1.2M	1.1M	1.0M
Common Stock Total Equity	353K	368K	374K	424K	487.6K	399.6K
Retained Earnings Total Equity	(90.7M)	(109.7M)	(269.3M)	(334.6M)	(301.1M)	(286.1M)
Capital Surpluse	322.9M	349.5M	451.4M	407.6M	468.7M	383.0M

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When determining whether TPI Composites offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TPI Composites' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tpi Composites Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tpi Composites Stock:

How To Invest In TPI

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Is TPI Stock a good investment?

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What is TPI Composites' Net Worth?

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Largest Heavy Electrical Equipment Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TPI Composites. If investors know TPI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(4.43)

Revenue Per Share

28.046

Quarterly Revenue Growth

0.177

Return On Assets

(0.07)

Return On Equity

(3.53)

The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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TPI Short Term Debt vs Good Will Analysis

Short Term Debt vs Good Will

Short Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Short Term Debt

Good Will

TPI Composites fundamental ratios Correlations

TPI Composites Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TPI Composites fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Accounts Payable
Non Current Assets Total	+ 0.97	Total Assets

Good Will	- 0.85	Retained Earnings
Non Current Liabilities Total	- 0.83	Retained Earnings
Property Plant And Equipment Gross	- 0.78	Retained Earnings
Other Current Assets	- 0.76	Retained Earnings
Good Will	- 0.7	Total Stockholder Equity
Inventory	- 0.67	Other Current Liab