TRTX Stock | | | USD 9.11 0.02 0.22% |
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 Ebit and its Gross Profit 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TPG RE Finance Ebit account and
Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between TPG RE's Ebit and Gross Profit is 0.3. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit 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 Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of TPG RE Finance are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., TPG RE's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of TPG RE Finance minus its cost of goods sold. It is profit before TPG RE operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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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measure TPG RE'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 TPG RE is operating at the current time. Most of TPG RE's value examination focuses on studying past and present price action to
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