TripAdvisor Net Borrowings vs Change To Account Receivables Analysis
TRIP Stock | USD 13.98 0.03 0.21% |
TripAdvisor financial indicator trend analysis is much more than just breaking down TripAdvisor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TripAdvisor is a good investment. Please check the relationship between TripAdvisor Net Borrowings and its Change To Account Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TripAdvisor. 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. To learn how to invest in TripAdvisor Stock, please use our How to Invest in TripAdvisor guide.
Net Borrowings vs Change To Account Receivables
Net Borrowings vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TripAdvisor Net Borrowings account and Change To Account Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between TripAdvisor's Net Borrowings and Change To Account Receivables is 0.27. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of TripAdvisor, assuming nothing else is changed. The correlation between historical values of TripAdvisor's Net Borrowings and Change To Account Receivables 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 Borrowings of TripAdvisor are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Borrowings i.e., TripAdvisor's Net Borrowings and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Change To Account Receivables
Most indicators from TripAdvisor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TripAdvisor 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 TripAdvisor. 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. To learn how to invest in TripAdvisor Stock, please use our How to Invest in TripAdvisor guide.At this time, TripAdvisor's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Tax Provision is likely to grow to about 120.8 M, while Enterprise Value Over EBITDA is likely to drop 7.45.
2021 | 2023 | 2024 (projected) | Gross Profit | 828M | 1.6B | 1.1B | Total Revenue | 902M | 1.8B | 1.2B |
TripAdvisor fundamental ratios Correlations
Click cells to compare fundamentals
TripAdvisor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TripAdvisor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 140.7M | 134.9M | 137.2M | 145.7M | 139.4M | 153.9M | |
Total Assets | 2.0B | 2.0B | 2.3B | 2.6B | 2.5B | 2.0B | |
Other Current Liab | 308M | 337M | 169M | 414M | 473M | 247.2M | |
Total Current Liabilities | 435M | 242M | 357M | 533M | 572M | 358.5M | |
Total Stockholder Equity | 1.2B | 886M | 789M | 861M | 871M | 1.0B | |
Property Plant And Equipment Net | 344M | 294M | 257M | 221M | 206M | 202.1M | |
Current Deferred Revenue | 62M | 28M | 36M | 44M | 49M | 46.6M | |
Net Debt | (152M) | 190M | 204M | (92M) | (155M) | (162.8M) | |
Accounts Payable | 11M | 18M | 27M | 39M | 28M | 17.3M | |
Cash | 319M | 418M | 723M | 1.0B | 1.1B | 556.1M | |
Non Current Assets Total | 1.5B | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | |
Non Currrent Assets Other | 95M | 104M | 94M | 93M | 44M | 56.6M | |
Cash And Short Term Investments | 319M | 418M | 723M | 1.0B | 1.1B | 599.7M | |
Net Receivables | 183M | 133M | 191M | 205M | 192M | 170.5M | |
Good Will | 840M | 862M | 843M | 822M | 829M | 750.3M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 2.3B | 2.6B | 2.5B | 2.0B | |
Non Current Liabilities Total | 388M | 841M | 1.1B | 1.2B | 1.1B | 577.4M | |
Total Liab | 823M | 1.1B | 1.5B | 1.7B | 1.7B | 935.9M | |
Property Plant And Equipment Gross | 344M | 240M | 717M | 733M | 757M | 794.9M | |
Total Current Assets | 533M | 573M | 940M | 1.3B | 1.3B | 797.9M | |
Intangible Assets | 110M | 86M | 65M | 51M | 43M | 40.9M | |
Common Stock | (447M) | (547M) | (607M) | (722M) | (649.8M) | (617.3M) | |
Short Long Term Debt Total | 167M | 608M | 927M | 929M | 912M | 957.6M | |
Other Liab | 246M | 233M | 216M | 266M | 305.9M | 162.6M | |
Other Assets | 102M | 208M | 148M | 171M | 196.7M | 206.5M | |
Property Plant Equipment | 270M | 240M | 257M | 194M | 223.1M | 176.7M | |
Net Tangible Assets | 211M | (62M) | (119M) | (12M) | (10.8M) | (10.3M) | |
Retained Earnings | 681M | 389M | 241M | 261M | 271M | 257.5M | |
Retained Earnings Total Equity | 681M | 389M | 241M | 261M | 300.2M | 581.6M | |
Long Term Debt Total | 78M | 491M | 833M | 836M | 961.4M | 1.0B | |
Capital Surpluse | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B | 1.0B | |
Other Stockholder Equity | (64M) | 531M | 604M | 682M | 671M | 503.0M | |
Deferred Long Term Liab | 21M | 8M | 10M | 1M | 900K | 855K |
Pair Trading with TripAdvisor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TripAdvisor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TripAdvisor will appreciate offsetting losses from the drop in the long position's value.Moving together with TripAdvisor Stock
Moving against TripAdvisor Stock
0.59 | EEX | Emerald Expositions | PairCorr |
0.42 | ADV | Advantage Solutions | PairCorr |
0.42 | AMC | AMC Entertainment | PairCorr |
0.31 | WBD | Warner Bros Discovery Aggressive Push | PairCorr |
0.31 | SWAGW | Software Acquisition | PairCorr |
The ability to find closely correlated positions to TripAdvisor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TripAdvisor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TripAdvisor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TripAdvisor to buy it.
The correlation of TripAdvisor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TripAdvisor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TripAdvisor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TripAdvisor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TripAdvisor Stock Analysis
When running TripAdvisor's price analysis, check to measure TripAdvisor'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 TripAdvisor is operating at the current time. Most of TripAdvisor's value examination focuses on studying past and present price action to predict the probability of TripAdvisor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TripAdvisor's price. Additionally, you may evaluate how the addition of TripAdvisor to your portfolios can decrease your overall portfolio volatility.