TRTX Stock | | | USD 9.13 0.07 0.76% |
TPG RE financial indicator trend analysis is much more than just breaking down TPG RE Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TPG RE Finance is a good investment. Please check the relationship between TPG RE Depreciation And Amortization and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TPG RE Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TPG RE Finance Depreciation And Amortization account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TPG RE's Depreciation And Amortization and Income Before Tax is -0.45. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of TPG RE Finance, assuming nothing else is changed. The correlation between historical values of TPG RE's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of TPG RE Finance are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., TPG RE's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on TPG RE income statement and is an important metric when analyzing TPG RE Finance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from TPG RE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TPG RE Finance 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 TPG RE Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, TPG RE's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7
M in 2024.
TPG RE fundamental ratios Correlations
Click cells to compare fundamentals
TPG RE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TPG RE fundamental ratios Accounts
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