Tracsis Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tracsis Plc Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tracsis Plc's Retained Earnings and Cash And Short Term Investments is 0.64. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Tracsis Plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Tracsis Plc's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Tracsis Plc balance sheet. This account contains Tracsis Plc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tracsis Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Profit	37.2M	44.4M	51.0M	53.6M
Total Revenue	68.7M	82.0M	94.3M	99.0M

Gross Profit Total Revenue

Tracsis Plc fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Property Plant And Equipment Net	Other Stockholder Equity	Property Plant And Equipment Gross	Property Plant Equipment	Common Stock Total Equity	Common Stock	Good Will	Intangible Assets
Total Assets		0.61	0.97	0.99	-0.57	1.0	0.86	0.66	0.99	-0.21	-0.27	0.66	0.91	0.72	0.75	0.87	0.98	0.97	0.97	0.6	0.88	0.96	0.77	0.82	0.92	0.84
Other Current Liab	0.61		0.69	0.53	-0.74	0.58	0.23	0.77	0.59	-0.6	0.1	0.77	0.38	0.58	0.71	0.51	0.73	0.62	0.51	-0.03	0.35	0.49	0.57	0.55	0.41	0.8
Total Current Liabilities	0.97	0.69		0.95	-0.51	0.96	0.84	0.61	0.96	-0.38	-0.37	0.61	0.92	0.68	0.7	0.93	0.98	0.94	0.95	0.55	0.89	0.95	0.72	0.77	0.92	0.85
Total Stockholder Equity	0.99	0.53	0.95		-0.54	0.99	0.89	0.63	0.98	-0.13	-0.28	0.63	0.93	0.72	0.7	0.85	0.95	0.97	0.97	0.68	0.9	0.97	0.77	0.82	0.93	0.79
Net Debt	-0.57	-0.74	-0.51	-0.54		-0.55	-0.2	-0.97	-0.5	0.07	-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
Retained Earnings	1.0	0.58	0.96	0.99	-0.55		0.86	0.64	0.99	-0.18	-0.3	0.64	0.91	0.7	0.73	0.87	0.96	0.96	0.96	0.61	0.89	0.96	0.75	0.79	0.94	0.83
Accounts Payable	0.86	0.23	0.84	0.89	-0.2	0.86		0.3	0.84	-0.02	-0.53	0.3	0.98	0.55	0.36	0.84	0.77	0.85	0.91	0.83	0.95	0.92	0.62	0.69	0.91	0.51
Cash	0.66	0.77	0.61	0.63	-0.97	0.64	0.3		0.6	-0.12	0.37	1.0	0.37	0.77	0.77	0.32	0.68	0.73	0.5	0.19	0.31	0.49	0.76	0.73	0.36	0.72
Non Current Assets Total	0.99	0.59	0.96	0.98	-0.5	0.99	0.84	0.6		-0.25	-0.32	0.6	0.9	0.69	0.78	0.89	0.98	0.93	0.96	0.56	0.88	0.96	0.73	0.78	0.94	0.87
Non Currrent Assets Other	-0.21	-0.6	-0.38	-0.13	0.07	-0.18	-0.02	-0.12	-0.25		0.19	-0.12	-0.16	-0.16	-0.25	-0.52	-0.35	-0.14	-0.24	0.18	-0.2	-0.23	-0.13	-0.14	-0.27	-0.48
Other Assets	-0.27	0.1	-0.37	-0.28	-0.47	-0.3	-0.53	0.37	-0.32	0.19		0.37	-0.54	0.2	0.14	-0.6	-0.24	-0.19	-0.35	-0.22	-0.61	-0.35	0.19	0.09	-0.57	-0.13
Cash And Short Term Investments	0.66	0.77	0.61	0.63	-0.97	0.64	0.3	1.0	0.6	-0.12	0.37		0.37	0.77	0.77	0.32	0.68	0.73	0.5	0.19	0.31	0.49	0.76	0.73	0.36	0.72
Net Receivables	0.91	0.38	0.92	0.93	-0.27	0.91	0.98	0.37	0.9	-0.16	-0.54	0.37		0.59	0.45	0.91	0.85	0.9	0.95	0.75	0.98	0.96	0.65	0.72	0.95	0.63
Common Stock Shares Outstanding	0.72	0.58	0.68	0.72	-0.64	0.7	0.55	0.77	0.69	-0.16	0.2	0.77	0.59		0.68	0.51	0.71	0.75	0.71	0.53	0.53	0.71	0.98	0.98	0.55	0.71
Non Current Liabilities Total	0.75	0.71	0.7	0.7	-0.68	0.73	0.36	0.77	0.78	-0.25	0.14	0.77	0.45	0.68		0.53	0.82	0.67	0.64	0.07	0.45	0.63	0.67	0.66	0.57	0.92
Other Current Assets	0.87	0.51	0.93	0.85	-0.2	0.87	0.84	0.32	0.89	-0.52	-0.6	0.32	0.91	0.51	0.53		0.87	0.79	0.9	0.52	0.93	0.9	0.54	0.62	0.96	0.76
Total Liab	0.98	0.73	0.98	0.95	-0.59	0.96	0.77	0.68	0.98	-0.35	-0.24	0.68	0.85	0.71	0.82	0.87		0.93	0.93	0.46	0.83	0.93	0.74	0.78	0.89	0.91
Total Current Assets	0.97	0.62	0.94	0.97	-0.66	0.96	0.85	0.73	0.93	-0.14	-0.19	0.73	0.9	0.75	0.67	0.79	0.93		0.92	0.65	0.85	0.92	0.8	0.84	0.85	0.76
Property Plant And Equipment Net	0.97	0.51	0.95	0.97	-0.4	0.96	0.91	0.5	0.96	-0.24	-0.35	0.5	0.95	0.71	0.64	0.9	0.93	0.92		0.7	0.93	1.0	0.76	0.81	0.95	0.77
Other Stockholder Equity	0.6	-0.03	0.55	0.68	-0.14	0.61	0.83	0.19	0.56	0.18	-0.22	0.19	0.75	0.53	0.07	0.52	0.46	0.65	0.7		0.66	0.71	0.6	0.65	0.61	0.19
Property Plant And Equipment Gross	0.88	0.35	0.89	0.9	-0.2	0.89	0.95	0.31	0.88	-0.2	-0.61	0.31	0.98	0.53	0.45	0.93	0.83	0.85	0.93	0.66		0.93	0.58	0.66	0.97	0.63
Property Plant Equipment	0.96	0.49	0.95	0.97	-0.39	0.96	0.92	0.49	0.96	-0.23	-0.35	0.49	0.96	0.71	0.63	0.9	0.93	0.92	1.0	0.71	0.93		0.76	0.81	0.95	0.76
Common Stock Total Equity	0.77	0.57	0.72	0.77	-0.66	0.75	0.62	0.76	0.73	-0.13	0.19	0.76	0.65	0.98	0.67	0.54	0.74	0.8	0.76	0.6	0.58	0.76		0.99	0.6	0.7
Common Stock	0.82	0.55	0.77	0.82	-0.62	0.79	0.69	0.73	0.78	-0.14	0.09	0.73	0.72	0.98	0.66	0.62	0.78	0.84	0.81	0.65	0.66	0.81	0.99		0.67	0.72
Good Will	0.92	0.41	0.92	0.93	-0.24	0.94	0.91	0.36	0.94	-0.27	-0.57	0.36	0.95	0.55	0.57	0.96	0.89	0.85	0.95	0.61	0.97	0.95	0.6	0.67		0.74
Intangible Assets	0.84	0.8	0.85	0.79	-0.6	0.83	0.51	0.72	0.87	-0.48	-0.13	0.72	0.63	0.71	0.92	0.76	0.91	0.76	0.77	0.19	0.63	0.76	0.7	0.72	0.74

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Tracsis Plc Account Relationship Matchups

Tracsis Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	84.7M	93.5M	105.6M	100.9M	116.0M	121.8M
Other Current Liab	6.6M	12.7M	14.8M	4.5M	5.2M	4.9M
Total Current Liabilities	16.8M	23.4M	34.3M	24.9M	28.6M	30.0M
Total Stockholder Equity	53.0M	56.7M	60.4M	67.8M	77.9M	81.8M
Net Debt	(15.8M)	(23.3M)	(14.4M)	(13.2M)	(11.9M)	(12.5M)
Retained Earnings	46.5M	50.2M	53.6M	54.9M	63.1M	66.3M
Cash	17.9M	25.4M	17.2M	15.3M	17.6M	11.5M
Non Current Assets Total	59.9M	56.5M	68.9M	63.1M	72.6M	76.2M
Non Currrent Assets Other	(11.2M)	(12.2M)	(68.4M)	(1.0)	(0.9)	(0.94)
Other Assets	917K	877K	551K	1.0	1.15	1.09
Cash And Short Term Investments	17.9M	25.4M	17.2M	15.3M	17.6M	11.5M
Net Receivables	6.4M	11.3M	18.5M	21.0M	24.1M	25.4M
Common Stock Shares Outstanding	29.7M	30.1M	30.3M	30.5M	35.1M	26.1M
Liabilities And Stockholders Equity	84.7M	93.5M	105.6M	100.9M	116.0M	121.8M
Non Current Liabilities Total	14.8M	13.5M	10.9M	8.3M	9.5M	5.4M
Other Current Assets	1.9M	2.3M	6.0M	3.7M	4.3M	4.5M
Total Liab	31.6M	36.9M	45.1M	33.1M	38.1M	40.0M
Total Current Assets	24.7M	37.0M	36.7M	37.8M	43.4M	45.6M
Property Plant And Equipment Net	3.6M	3.5M	4.9M	4.8M	5.5M	5.8M
Other Stockholder Equity	6.4M	876K	6.4M	12.8M	14.7M	15.4M
Property Plant And Equipment Gross	3.6M	9.4M	12.3M	14.1M	16.2M	17.0M
Accumulated Other Comprehensive Income	38K	(88K)	285K	6.2M	7.2M	7.5M
Property Plant Equipment	2.7M	3.6M	3.5M	4.9M	5.6M	5.9M
Common Stock	116K	117K	119K	120K	138K	113.8K
Good Will	11.2M	12.2M	18.4M	18.2M	20.9M	22.0M
Intangible Assets	54.4M	51.7M	63.5M	39.5M	45.4M	25.2M
Short Long Term Debt Total	2.1M	2.1M	2.8M	2.1M	2.4M	1.2M
Current Deferred Revenue	7.8M	8.1M	12.3M	12.0M	13.8M	14.5M
Short Term Debt	1.1M	928K	1.3M	1.1M	1.3M	1.4M
Other Liab	11.2M	13.8M	12.3M	11.7M	13.5M	8.6M
Net Tangible Assets	9.1M	(1.4M)	4.9M	(5.4M)	(4.9M)	(4.6M)
Capital Lease Obligations	2.1M	2.1M	2.8M	2.1M	2.4M	1.5M
Capital Surpluse	6.2M	6.3M	6.4M	6.4M	7.4M	6.9M

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Tracsis Retained Earnings vs Cash And Short Term Investments Analysis

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash And Short Term Investments

Tracsis Plc fundamental ratios Correlations

Tracsis Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tracsis Plc fundamental ratios Accounts

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Additional Tools for Tracsis Stock Analysis

COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Net Debt	- 0.74	Other Current Liab
Non Current Liabilities Total	- 0.68	Net Debt
Common Stock Total Equity	- 0.66	Net Debt
Total Current Assets	- 0.66	Net Debt