Tracsis Other Stockholder Equity vs Non Current Assets Total Analysis

TRCS Stock   536.00  1.00  0.19%   
Tracsis Plc financial indicator trend analysis is much more than just breaking down Tracsis Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tracsis Plc is a good investment. Please check the relationship between Tracsis Plc Other Stockholder Equity and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tracsis Plc. 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.

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tracsis Plc Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tracsis Plc's Other Stockholder Equity and Non Current Assets Total is 0.56. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Tracsis Plc, assuming nothing else is changed. The correlation between historical values of Tracsis Plc's Other Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Tracsis Plc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Tracsis Plc's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Tracsis Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tracsis Plc 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 Tracsis Plc. 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 51.6 M in 2024, despite the fact that Discontinued Operations is likely to grow to (165 K).
 2021 2022 2023 2024 (projected)
Gross Profit37.2M44.4M51.0M53.6M
Total Revenue68.7M82.0M94.3M99.0M

Tracsis Plc fundamental ratios Correlations

0.610.970.99-0.571.00.860.660.99-0.21-0.270.660.910.720.750.870.980.970.970.60.880.960.770.820.920.84
0.610.690.53-0.740.580.230.770.59-0.60.10.770.380.580.710.510.730.620.51-0.030.350.490.570.550.410.8
0.970.690.95-0.510.960.840.610.96-0.38-0.370.610.920.680.70.930.980.940.950.550.890.950.720.770.920.85
0.990.530.95-0.540.990.890.630.98-0.13-0.280.630.930.720.70.850.950.970.970.680.90.970.770.820.930.79
-0.57-0.74-0.51-0.54-0.55-0.2-0.97-0.50.07-0.47-0.97-0.27-0.64-0.68-0.2-0.59-0.66-0.4-0.14-0.2-0.39-0.66-0.62-0.24-0.6
1.00.580.960.99-0.550.860.640.99-0.18-0.30.640.910.70.730.870.960.960.960.610.890.960.750.790.940.83
0.860.230.840.89-0.20.860.30.84-0.02-0.530.30.980.550.360.840.770.850.910.830.950.920.620.690.910.51
0.660.770.610.63-0.970.640.30.6-0.120.371.00.370.770.770.320.680.730.50.190.310.490.760.730.360.72
0.990.590.960.98-0.50.990.840.6-0.25-0.320.60.90.690.780.890.980.930.960.560.880.960.730.780.940.87
-0.21-0.6-0.38-0.130.07-0.18-0.02-0.12-0.250.19-0.12-0.16-0.16-0.25-0.52-0.35-0.14-0.240.18-0.2-0.23-0.13-0.14-0.27-0.48
-0.270.1-0.37-0.28-0.47-0.3-0.530.37-0.320.190.37-0.540.20.14-0.6-0.24-0.19-0.35-0.22-0.61-0.350.190.09-0.57-0.13
0.660.770.610.63-0.970.640.31.00.6-0.120.370.370.770.770.320.680.730.50.190.310.490.760.730.360.72
0.910.380.920.93-0.270.910.980.370.9-0.16-0.540.370.590.450.910.850.90.950.750.980.960.650.720.950.63
0.720.580.680.72-0.640.70.550.770.69-0.160.20.770.590.680.510.710.750.710.530.530.710.980.980.550.71
0.750.710.70.7-0.680.730.360.770.78-0.250.140.770.450.680.530.820.670.640.070.450.630.670.660.570.92
0.870.510.930.85-0.20.870.840.320.89-0.52-0.60.320.910.510.530.870.790.90.520.930.90.540.620.960.76
0.980.730.980.95-0.590.960.770.680.98-0.35-0.240.680.850.710.820.870.930.930.460.830.930.740.780.890.91
0.970.620.940.97-0.660.960.850.730.93-0.14-0.190.730.90.750.670.790.930.920.650.850.920.80.840.850.76
0.970.510.950.97-0.40.960.910.50.96-0.24-0.350.50.950.710.640.90.930.920.70.931.00.760.810.950.77
0.6-0.030.550.68-0.140.610.830.190.560.18-0.220.190.750.530.070.520.460.650.70.660.710.60.650.610.19
0.880.350.890.9-0.20.890.950.310.88-0.2-0.610.310.980.530.450.930.830.850.930.660.930.580.660.970.63
0.960.490.950.97-0.390.960.920.490.96-0.23-0.350.490.960.710.630.90.930.921.00.710.930.760.810.950.76
0.770.570.720.77-0.660.750.620.760.73-0.130.190.760.650.980.670.540.740.80.760.60.580.760.990.60.7
0.820.550.770.82-0.620.790.690.730.78-0.140.090.730.720.980.660.620.780.840.810.650.660.810.990.670.72
0.920.410.920.93-0.240.940.910.360.94-0.27-0.570.360.950.550.570.960.890.850.950.610.970.950.60.670.74
0.840.80.850.79-0.60.830.510.720.87-0.48-0.130.720.630.710.920.760.910.760.770.190.630.760.70.720.74
Click cells to compare fundamentals

Tracsis Plc Account Relationship Matchups

Tracsis Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.7M93.5M105.6M100.9M116.0M121.8M
Other Current Liab6.6M12.7M14.8M4.5M5.2M4.9M
Total Current Liabilities16.8M23.4M34.3M24.9M28.6M30.0M
Total Stockholder Equity53.0M56.7M60.4M67.8M77.9M81.8M
Net Debt(15.8M)(23.3M)(14.4M)(13.2M)(11.9M)(12.5M)
Retained Earnings46.5M50.2M53.6M54.9M63.1M66.3M
Cash17.9M25.4M17.2M15.3M17.6M11.5M
Non Current Assets Total59.9M56.5M68.9M63.1M72.6M76.2M
Non Currrent Assets Other(11.2M)(12.2M)(68.4M)(1.0)(0.9)(0.94)
Other Assets917K877K551K1.01.151.09
Cash And Short Term Investments17.9M25.4M17.2M15.3M17.6M11.5M
Net Receivables6.4M11.3M18.5M21.0M24.1M25.4M
Common Stock Shares Outstanding29.7M30.1M30.3M30.5M35.1M26.1M
Liabilities And Stockholders Equity84.7M93.5M105.6M100.9M116.0M121.8M
Non Current Liabilities Total14.8M13.5M10.9M8.3M9.5M5.4M
Other Current Assets1.9M2.3M6.0M3.7M4.3M4.5M
Total Liab31.6M36.9M45.1M33.1M38.1M40.0M
Total Current Assets24.7M37.0M36.7M37.8M43.4M45.6M
Property Plant And Equipment Net3.6M3.5M4.9M4.8M5.5M5.8M
Other Stockholder Equity6.4M876K6.4M12.8M14.7M15.4M
Property Plant And Equipment Gross3.6M9.4M12.3M14.1M16.2M17.0M
Accumulated Other Comprehensive Income38K(88K)285K6.2M7.2M7.5M
Property Plant Equipment2.7M3.6M3.5M4.9M5.6M5.9M
Common Stock116K117K119K120K138K113.8K
Good Will11.2M12.2M18.4M18.2M20.9M22.0M
Intangible Assets54.4M51.7M63.5M39.5M45.4M25.2M
Short Long Term Debt Total2.1M2.1M2.8M2.1M2.4M1.2M
Current Deferred Revenue7.8M8.1M12.3M12.0M13.8M14.5M
Short Term Debt1.1M928K1.3M1.1M1.3M1.4M
Other Liab11.2M13.8M12.3M11.7M13.5M8.6M
Net Tangible Assets9.1M(1.4M)4.9M(5.4M)(4.9M)(4.6M)
Capital Lease Obligations2.1M2.1M2.8M2.1M2.4M1.5M
Capital Surpluse6.2M6.3M6.4M6.4M7.4M6.9M

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